Archive for the 'Streeterville' Category

Looking for a Streeterville 2/2 With Some Lake Views? 530 N. Lake Shore Drive

This 2-bedroom at 530 N. Lake Shore Drive in Streeterville has been on the market since April 2011. In that time it has been reduced $124,000. It is now listed $35,000 under the 2009 purchase price. This is no typical downtown 1200 square foot 2/2. At 1490 square feet, it is much larger with a […]

This Developer Owned 3-Bedroom Has Been Reduced 18% Since 2009: 505 N. McClurg in Streeterville

A bunch of the developer owned units in the ParkView at 505 N. McClurg in Streeterville were reduced last week. This 3-bedroom, Unit #1203, was among them. Originally listed on the market in February 2009 for $918,500, it has been reduced about 18% to $750,000. It has a southeast corner view of the park and the […]

A Short Sale Appears in 600 N. Fairbanks in Streeterville: Is It a Game Changer for the Building?

We’ve chattered about the popular Helmut Jahn designed 600 N. Fairbanks in Streeterville many times over the years. Late last week, a 1-bedroom unit came on the market as a short sale for $265,000. It went under contract instantly. The unit, #1906, last sold in March 2008 for $377,000. Parking was not included in either […]

A Foreclosure in 2008 and Now Trying to Sell Again in 2011: 440 N. McClurg in Streeterville

This 2-bedroom duplex-up townhouse style unit in Cityview at 440 N. McClurg in Streeterville has been on and off the market since April 2010. In 2008, the unit was bank owned and being sold in move in condition. In 2008, it sold for $60,000 under the 2004 purchase price of $340,000. (A deal?) It came back […]

A 2-Bedroom Short Sale Appears in 600 N. Lake Shore Drive in Streeterville

This 2-bedroom in the newer constructed high rise at 600 N. Lake Shore Drive in Streeterville has been on the market since September 2010. In that time it has been reduced $200,000. It is now listed as a “short sale” at $141,000 under the 2008 purchase price. The unit does not have lake views, but instead faces […]

Streeterville 1-Bedroom Foreclosure Sells For $18,988 Over Asking: 535 N. Michigan

We last chattered about this bank owned 1-bedroom at 535 N. Michigan in Streeterville in July 2011. See our prior chatter here. It had just come on the market for $89,900. But it was missing the kitchen and bathroom. It sold in less than a month for $18,988 above asking- at $108,888. That is still […]

Get a 1-Bedroom on the Mag Mile for Under $90,000: 535 N. Michigan in Streeterville

This 1-bedroom at 535 N. Michigan in Streeterville recently came on the market listed at $89,900. It is bank owned. The building is right in the middle of the Mag Mile. It was constructed in 1962 and has 460 units. It is a full service building with a pool and exercise room. As you can […]

Get a 2/2 for Under $270,000 in Streeterville: 211 East Ohio

This 2-bedroom in The Grand Ohio at 211 East Ohio in Streeterville has been on the market since April 2010. It was recently reduced $11,000 to $269,000. That is $62,500 under the 2007 purchase price. The unit has cherry tinted floors in the living/dining areas. The kitchen has cherry cabinets and stainless steel appliances. There is central […]

Buying a Foreclosure and Re-Listing (Quickly): 512 N. McClurg in Streeterville

This 2-bedroom at 512 N. McClurg in Streeterville just came on the market. However, it sold only a month ago in a foreclosure auction for $80,000 under the 2002 purchase price. It has come back on the market for $174,000 above the foreclosure price paid in May. Has it been renovated (as we’ve seen with other […]

550 N. St. Clair in Streeterville Extends Its Smart Car Promotion Through This Weekend

Some of you may have seen last weekend’s special promotion for the remaining developer units at 550 N. St. Clair in Streeterville. This is a newer construction high rise. I was told the unsold units had been rented out previously. There are 15 units available (not all of which are on the MLS). They are the […]