Archive for the 'Streeterville' Category

Selling $55,000 Below the 2004 Purchase Price: 530 N. Lake Shore Drive in Streeterville

This large 1-bedroom condo at 530 N. Lake Shore Drive in Streeterville has been listed on and off since November 2009. It is now priced $55,600 under the 2004 purchase price. 530 N. Lake Shore Drive was completed in 2003/2004. The unit is a large one bedroom at 1050 square feet and has 1.5 baths. It has […]

1-Bedroom Returns As An “As-Is” Sale: 240 E. Illinois in Streeterville

We last chattered about this 1-bedroom unit in the Fairbanks at City Front Plaza at 240 E. Illinois in Streeterville in August 2008 when it appeared to be the first unit to have a lis pendens filed against it. See our August 2008 chatter here. Back in August 2008, we were still chattering about flips […]

A Studio Loft Returns to the Market in 540 N. Lake Shore Drive in Streeterville

We last chattered about this studio loft at 540 N. Lake Shore Drive a year ago, in April 2009. See our prior chatter here. In our prior chatters, the listing had said that it had sold in only one day in 2005. That was then and this is now. This time around, the loft has been […]

Duplex Brick and Timber Loft in Streeterville Sells for List Price: 540 N. Lake Shore Drive

We last chattered about this unique duplex brick and timber loft at 540 N. Lake Shore Drive in Streeterville in September 2009. See our prior chatter and pictures here. The 2-bedroom unit had new walnut hardwood floors and walls of exposed brick. It also had a lofted area that overlooked the living room and roof-rights. […]

16 Months After Slashing Prices, Developer Still Trying to Closeout: 550 N. St. Clair in Streeterville

In November 2008, we chattered about the developer at 550 N. St. Clair in Streeterville slashing prices on units. See our prior chatter on the price cuts here. 16 months later, this 2-bedroom is still on the market and is now listed as a “developer closeout.” The building, which is located just a block east […]

600 N. Fairbanks in Streeterville: Is the Sizzle Still On?

We’ve chattered about 600 N. Fairbanks in Streeterville, the popular Helmut Jahn modern high rise, numerous times in the past 2 years. When it first closed, architect buffs and modern fans gushed over the building and units seemed to sell quickly, even flipped units. But public records show no sales yet in 2010. There are […]

Luxury 1-Bedroom Reduces in Streeterville: 600 N. Lake Shore Drive

We last chattered about this large 1-bedroom in 600 N. Lake Shore Drive in October 2009. See our prior chatter and pictures here. It is still available and has been reduced another $10,000. 600 N. Lake Shore Drive are two new construction towers right on Lake Shore Drive If you look at this recent report […]

Lake Shore Drive Brick and Timber Loft Returns to the Market: 540 N. Lake Shore Drive

We last chattered about this 1-bedroom loft at 540 N. Lake Shore Drive in Streeterville in September 2009. See our prior chatter and pictures here. Since September, the unit was removed from the market after it rented but it has since come back on the market after the rental fell through. It has also been reduced […]

Another Bank Owned Unit Appears in Avenue East: 160 E. Illinois in Streeterville

We last chattered about a bank owned unit in Avenue East, the new construction high rise just off the Mag Mile at 160 E. Illinois, in September 2009. See our prior chatter on the building here. That 1100 square foot 2/2 ended up selling for $380,000 including the parking. This latest bank owned 2-bedroom looks […]

Pricing to Sell in the ParkView: 505 N. McClurg in Streeterville

We last chattered about the ParkView at 505 N. McClurg in Streeterville in September 2009. See our prior chatter here. Back then, several investors were trying to flip 2-bedroom units in the building. Unit #2402 was one of the units we chattered about. It is still on the market and has been reduced by another $59,500. […]