Archive for the 'Streeterville' Category

Another Trolley Tour: Visit Developments on the Near North Side

  We’ve chattered about these Sunday trolley tours offered by Rebecca Thomson before and some of you have gone on the tours. From the website: “We carefully guide individuals looking to purchase a new home, investors in the selection of appropriate properties, and owners looking to sell an existing condominium residence. Our customers are those […]

Steals and Deals: 550 N. St. Clair Slashing Prices on All Units

I’ve been waiting for developers to finally throw in the towel and just start cutting prices in order to move product. It’s finally happening now at 550 N. St. Clair in Streeterville. A tipster has informed me that the developer, Sutherland Pearsall Development, is holding  a “private developer closeout” on the remaining available units. They are […]

Market Conditions: Liens Filed Against The Spire Developer

  Crain’s first reported on Oct 17 that architect Santiago Calatrava filed a lien against Shelbourne Development, the developer of The Spire, on Oct 8 for $11.3 million. The Tribune also reports that architectural design firm Perkins+Will Inc. filed a lien for about $4.85 million. From the Tribune: A spokeswoman for Irish developer Garrett Kelleher said the […]

Flipper Alert: Losing Money in 600 N. Fairbanks in Streeterville

Flippers continue to close on units thinking they can make a profit flipping them. Some have been lucky- especially in “prestige” buildings such as 340 On the Park. This seller of a 3-bedroom in 600 N. Fairbanks isn’t one of the lucky ones. We’ve seen some 1 and 2-bedroom units flip successfully in the building. […]

Strains Appearing in 530 N. Lake Shore Drive in Streeterville

Two units in 530 N. Lake Shore Drive, Unit #1305 and #2201, in Streeterville, recently had lis pendens filed against them. Unit #1305 is a 3-bedroom unit that is currently on the market. Here’s the listing: PREMIER TEAR AT 530 N LAKE SHORE DR! MAGNIFICENT UNIT WITH 2452 SQ FT TAKING THE ENTIRE FRONT WING OF […]

Do Pools Matter? 600 N. Fairbanks in Streeterville

  There’s been some chatter of the “amenities floor” at Helmut Jahn’s 600 N. Fairbanks in Streeterville because it finally opened  (despite closings on units beginning last November.) The amenities floor is on the top floor and has an expansive deck, an exercise room and an indoor pool. As someone pointed out, the exercise room is extremely small.  A tipster […]

We Love Views: 161 E. Chicago in Streeterville

  There’s something cool about a high floor duplex that looks out over the city- especially if you have views of the John Hancock Building. It is stunning at night. This duplex on the 58th floor of the Olympia Centre at 161 E. Chicago just says “cool.” Here’s the listing: DRAMATIC MODERN PENTHOUSE W/ LAKE […]

Location and a Rooftop Pool in Streeterville: 230 E. Ontario

With the recent hot weather, who doesn’t dream of lounging by the pool? In Streeterville, there are several buildings (both apartments and condos) that have rooftop pools. 230 E. Ontario is one that has a outdoor pool and, from the pictures, a very nice workout room. The building was built in 1969. The 1-bedroom units […]

Walled Terrace in the Heart of Streeterville: 211 E. Ohio

Who knew you could have a private, walled terrace of your own in the middle of Streeterville? You can in The Grand Ohio, at 211 E. Ohio. Built in 1984, the building was originally apartments but was converted into condominiums in 2000. The building is massive, with 595 units. Washer/dryers are not allowed in units except […]

Flipper Alert: Unit #1301 Still Fascinates: 600 N. Fairbanks

We have chattered extensively about Unit #1301 in 600 N. Fairbanks in Streeterville. The 3-bedroom unit was on the market for months, had numerous price reductions, went under contract and finally sold. It has set a new comp for the 01-tier units in the building. Or has it? Mysteriously, it is back on the market […]