The Chicago Spire is apparently 30% sold, according to a press release by the developer. They’ve been criss-crossing the globe marketing the building for the last four months. Apparently, you need to put down a 15% deposit in order to purchase. From the Chicago Tribune: Spire spokeswoman Kim Metcalfe said the sales were achieved in […]
What market downturn? Crain’s is reporting that a North Shore developer has a tentative agreement to purchase land in Centrum’s Cityfront Plaza development for a possible 50-story hotel/condo high rise. From Crain’s: David Hovey, president of Glencoe-based Optima Inc., has a tentative deal to buy a site just north of NBC Tower, 455 N. Cityfront […]
We’ve chattered a lot about Unit #1301 in 600 N. Fairbanks. It is the lowest level three bedroom, two bath. It has finally gone under contract after six months on the market and numerous price reductions. Here is the history: Unit #1301: 3 bedrooms, 2.5 baths, 1746 square feet Sold in November 2007 for $805,000 […]
Many people like the modern style of Helmut Jahn’s 600 N. Fairbanks. But before that building came the Mies Van Der Rohe buildings on North Lake Shore Drive. 860 N. Lake Shore Drive is one of the co-op buildings. Built in 1951, there are no washer/dryers and no central air. But who needs those things? It’s […]
Thanks to some of you astute readers who are clearly watching 600 N. Fairbanks in Streeterville very closely. Several of you noticed that our often chattered about three bedroom, Unit #1301, has had another price reduction. Here is the history: Unit #1301: 3 bedrooms, 2.5 baths, 1746 square feet Sold in November 2007 for […]
535 N. Michigan in Streeterville is an older highrise that has suddenly become “hot” because it’s: On the Mag Mile Affordable Unit #706 had been on the market for several months. I last chattered about it in March 2008. It has now sold after several price reductions. The listing said it had $60,000 worth […]
It seems the 01 tier, which is a three bedroom, two bath southeast facing unit, isn’t re-selling as quickly as sellers had hoped in 600 N. Fairbanks in Streeterville. Currently, there are eight of the 01 tier units on the market. Two have now had substantial price reductions: #1301 and now #1901. #3201: $1,199,900 #2901: $1,199,000 […]
The developer is trying to close out sales at the conversion at Pearson on the Park at 222 E. Pearson in Streeterville/Gold Coast. The building was built in 1963 and was converted in 2007. The lobby and hallways were renovated. The developer put washer/dryers in the units. Now, the developer is giving away parking when you buy a […]
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, […]
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 […]