Archive for the 'Streeterville' Category

Update on Lofts in 540 N. Lake Shore Drive in Streeterville

  Since we were talking about 540 N. Lake Shore Drive so much the other day, I decided to revisit the units I had last chattered about in September 2007.  At the time, numerous units were on the market including one, Unit #625, where the seller was trying to double his/her money after owning for only about two years. Well, […]

Flipper Alert: Update on Re-Sales at 600 N. Lake Shore Drive

Closings began on 600 N. Lake Shore Drive, Belgravia’s new towers on the lake in Streeterville, last fall. One of the three units I chattered about in late January has sold. Unit #1704: 3 bedrooms, 2 baths,  2149 square feet I’m not sure if this unit sold previously as I couldn’t find an original sales […]

Update on the Studio Loft in 211 E. Ohio

Remember this small studio loft in the Grand Ohio at 211 E. Ohio in Streeterville? I chattered about it in November 2007. It sold. The third floor is unique in the building because the space was formerly offices. There are washer/dryers allowed in the units and they have 16 foot high ceilings. Unit #314: studio […]

Get Your Marble Floors: 161 E. Chicago

The Olympia Centre, at 161 E. Chicago in Streeterville, is a 63 story high rise that was completed in 1985.  It is a full service condo building with washer/dryers in the units, parking and an amenities floor.  It is best known as the Neiman Marcus building, because the store anchors it on Michigan Avenue. There are units of varying sizes […]

Flipper Alert: Another Price Reduction in 600 N. Fairbanks

There’s already been some price reductions on the one bedroom units at Helmut Jahn’s 600 N. Fairbanks in Streeterville. But now price reductions are starting on the larger units as the weeks drag on without many re-sales. I still haven’t seen any of the larger units re-sell in the building. Closings began the first week of November 2007. […]

Even in Popular Buildings, It’s Tough To Make Money: 250 E. Pearson

The Pearson, at 250 E. Pearson in Streeterville, closed in 2003 and has been a very popular building for re-sales. It has held its value well. That part of Pearson is quiet, with the south facing units overlooking the park, the lake and Northwestern University Law School.  Yet you are two blocks east of the Mag […]

Flipper Alert: The Latest on Flips in 600 N. Fairbanks

Here’s the latest update on 600 N. Fairbanks in Streeterville. New listings come onto the MLS weekly. Here is the current status (out of approximately 227 units): 36 for sale 14 for rent Some units may be both for sale OR rent.  Closings still continue in the building. Prices are all over the place, yet hardly […]

Chicago Spire Listings Appear on the MLS: 400 N. Lake Shore Drive

  The Spire, at 400 N. Lake Shore Drive, in Streeterville, is now on the MLS. Apparently The Spire sales team feels it is in their best interest to list some of their units – just in case a possible buyer is looking around and hadn’t heard of the building yet. Right now, I count 12 […]

Shhh…Mies Preferred Vintage at 200 East Pearson

200 East Pearson in Streeterville/Gold Coast is that rare building that you might walk by a million times before realizing that people actually live there. Just east of Michigan Avenue, across from the Museum of Contemporary Art, 200 East Pearson was built in 1916. It has only 10 units. From Chicago Apartments: A Century of […]

Anyone buying one bedrooms in the Fairbanks?

Apparently, this poster on Craigslist thinks if he/she just asks if anyone is interested- people will respond. Are there any interested parties out there who are looking for a high floor one-bedroom in the new Jahn building at 600 N Fairbanks? I don’t have the exact numbers, but I would estimate there are at least 200 […]