Archive for the 'Streeterville' Category

Slow Bleed of Foreclosures Still Going On In The GreenZone: A 1-Bedroom at 160 E. Illinois in Streeterville

Every day I am reminded of just how long this housing bust will last by the sheer number of short sales and foreclosures that continue to trickle out onto the market even in the most prime neighborhoods. This 1-bedroom in Avenue East at 160 E. Illinois in Streeterville is one of them. It is Fannie […]

How Hard Is It To Sell Once You Remove One of the Bedrooms? 240 E. Illinois in Streeterville

This 2-bedroom loft at the Fairbanks of Cityfront Plaza at 240 E. Illinois in Streeterville recently came on the market. It is a short sale. The listing says it is a 2-bedroom converted to a large 1-bedroom measuring 1314 square feet. This loft is located in the base of the building and has hardwood floors […]

Are Some Sellers Getting Too Optimistic? A 2-Bedroom at 535 N. Michigan in Streeterville

This 2-bedroom at 535 N. Michigan right on the Mag Mile in Streeterville recently came on the market. It is a rare 2-bedroom unit (as the building has more 1-bedrooms.) At 1000 square feet, it is a southwest corner unit with views of the Wrigley Building. The building was built in 1962 and is a full […]

Are There Deals In The Olympia Center? 161 E. Chicago in Streeterville

This 31st floor 2-bedroom with city views in the Olympia Center at 161 E. Chicago in Streeterville first came on the market in February 2011. Since that time it has been reduced 21%. This is no small 2-bedroom. It has 1853 square feet with a split bedroom floorplan which includes an actual entrance foyer. The […]

Our Favorite Full Floor Penthouse Returns To the Market Listed $450K Higher: 247 E. Chestnut in Streeterville

We’ve chattered about this 4-bedroom full floor penthouse at 247 E. Chestnut in Streeterville before. See our March 2011 chatter here. Some of you may also recognize it from 2010 publicity about an auction of the property (as it was owned by an emmy winning soap opera writer.) See that story here. Back in March […]

Because We Love Soaking Tubs In the Bedroom: 990 N. Lake Shore Drive in Streeterville

This 3-bedroom at 990 N. Lake Shore Drive in Streeterville recently came on the market. Built in 1973 on the corner of Walton and Lake Shore Drive, it is a southeast corner unit with lake and Navy Pier views. It has a few interesting features including solar panel shades in the living and dining rooms. […]

Short Sale Streeterville 2/2 Listed 33% Under the 2007 Price: 474 N. Lake Shore Drive

This 2-bedroom at 474 N. Lake Shore Drive in Streeterville has been on the market as a short sale since April 2012. In that time, it has been reduced $11,000. It is being sold “as-is”. The unit has hardwood floors. The kitchen has black granite counter tops and black appliances. It has a washer/dryer in […]

Just How Hot Is The Market? Trying To Sell a 1-Bedroom Duplex 8 Months Later: 505 N. McClurg in Streeterville

This 1-bedroom duplex in the ParkView at 505 N. McClurg in Streeterville just came on the market. It is a unique property because it is one of only a few townhouse-like duplexes separate from the high rise portion of the building that overlook the 2-acre park and the swimming pool. It has 20 foot ceilings and 2 […]

Avenue East 3-Bedroom Penthouse Reduces Nearly $450K in 9 Months: 160 E. Illinois in Streeterville

This 3-bedroom penthouse in Avenue East at 160 E. Illinois in Streeterville has been on and off the market since 2010. But in the last 9 months, it has been reduced $449,100 to $1,349,900. The listing says it is still developer owned. It is a south east corner unit with an east facing terrace. The […]

4 1/2 Years Later, This Streeterville Townhouse Is Still Waiting for a Buyer: 424 E. North Water

We last chattered about this 3-bedroom townhouse at 424 E. North Water in Streeterville in July 2010 (the picture above is of the complex- not necessarily this particular unit since it is a gated community with no public access.) See our prior chatter here. Many people don’t realize that there are even townhouses in Streeterville. […]