Helmut Jahn’s 600 N. Fairbanks in Streeterville is proving to be a hot topic among those interested in Chicago’s downtown real estate market. Back by popular demand- here is what is happening in the building: 14 units are for sale At least 7 units are for rent Two units are currently under contract. One has […]
The Helmut Jahn modern skyscraper at 600 N. Fairbanks in Streeterville is still not fully occupied. They are probably about a third of the way through closings on the building. There are 227 units. The flippers, however, have been out in full force. An updated count of the units for sale and rent: 20 for […]
Not many developers would have the guts to announce plans for a massive luxury condo building in Streeterville when there are a dozen others currently being built within a mile radius, including the Chicago Spire, and when condo sales have taken a nose dive. But Related is nothing if not ambitious. Related (formerly LR Development) has […]
Apparently, Shelbourne, the developer of the Chicago Spire, and the disgruntled next door neighbors, the River View Condominium Association, couldn’t reach an agreement on an underground easement. Off to the courts they go! According to Crain’s, the Condo Association filed suit in Cook County Court asking, not for money damages, but a court order nullifying the […]
Avenue East, at 160 E. Illinois, is one of the smaller new construction buildings to start closings in Streeterville in the past few months. It only has 133 units. So far, though, it’s among the most active in the flipping game. There are currently 32 units for sale. Another 15 units are available to rent […]
With all of the new construction buildings in Streeterville being priced at the nosebleed level, maybe you think you’re priced out of this “hot” neighborhood? But you can still find deals out there. One of them is at 211 E. Ohio, The Grand Ohio. The Grand Ohio was an apartment building that was converted into […]
They’re selling luxury one bedroom Ritz condos on Michigan Avenue for over $1 million. But you can live two blocks south, on the same street, the Magnificient Mile, for 80% less. Located across from the Nordstrom’s Mall at the South end of Michigan Avenue is 535 N. Michigan. You’ve probably walked by it a thousand […]
Problems continue to mount with The Spire. Is anyone really surprised? The developer, Shelbourne Development, has never built anything over 40 stories. And now they’re expected to navigate constrution of this monster building? As reported previously, the official opening of the sales center was delayed several months because they didn’t have the right permits. […]