Crib Chatter

The Vetro, the new 31 story high rise in the South Loop at 611 S.  Wells (at Harrison) is about to start closings.  It has 233 units. The building looks good from the street.  It looks a lot like its original renderings, with its glass dominated facade.  It will be a nice addition to the […]

  1720 S. Michigan is the new CMK building in the South Loop.  It looks like most of the other CMK buildings (white, modern, lots of glass.) Units are still available from the developer but closings have begun. That means the flippers are out to play!  Craigslist has several units and several are on the […]

How low will the prices fall in River City at 800 S. Wells in the South Loop? Ever lower- so it seems.  And the foreclosures continue to mount.  This building is in serious trouble. The latest foreclosure: Unit #554: likely a 3 bedroom, 2.5 bath duplex (I don’t have the exact size of the unit […]

A few weeks ago I posted about this River City 1500 square foot duplex that originally sold for $543,000 and was now bank owned and being sold for $268,800.  That’s a 49% reduction. The “once in a lifetime opportunity” is still available.  According to this post on Craigslist, they are holding an open house this weekend. Maybe […]

  The foreclosure brigade continues.   Sometimes they provide deals, sometimes they do not. This week a 2 bedroom, 2 bath unit is going to auction at Tower II at Museum Park in the South Loop at 1335 S. Michigan. Unit #503: 2 bedroom, 2 bath, 1384 square feet, 2 parking spaces (unclear if they are […]

Closings have begun at The Columbian, 1160 s. Michigan, the building that anchors the end of the row of highrises flanking the west side of Grant Park at Michigan and Roosevelt Road. The building had a lower price point than some of the other new construction going up near Grant Park so the flippers are […]

CMK has two buildings in the south loop nearly next door to each other.  Both are modern with concrete and glass. 1620 S. Michigan was the first of the buildings to close (the other being 1720 S. Michigan.)  Closings began in 1620 last summer. CMK has been building fairly affordable buildings in the last few […]

River City, the American Invsco conversion at 800 S. Wells, has struggled in the last few years. But this latest foreclosure, listed on Craigslist, is one that’s sure to raise some eyebrows.  It is a 2 bedroom,  2.5 bath 1500 square foot duplex. Original sale price on March 8, 2006 for $543,000 Now listed for $268,800 […]