Archive for the 'Streeterville' Category

Flipper Alert: The Flipping Game is On at 600 N. Fairbanks

The flippers are coming out of the woodwork at Helmut Jahn’s new high rise in Streeterville.  Just last week the first flips were listed.  Two more have appeared on Craigslist for higher floors, both by these by the same flipper/owner. Can the prices get any more outrageous? The flipper is asking $529,000 for a one bedroom on […]

540 N. Lake Shore Loft: Price Nearly Doubled in Two Years

  540 N. Lake Shore Drive is the only loft building that faces the lake in Streeterville, the Gold Coast or the South Loop (that is directly lake facing.) Built in 1912, it was originally the home of Borg-Warner Company.  In 1983, it was renovated into apartments and in 1992 became a condo conversion.  There is […]

Flipper Alert: 600 N. Fairbanks

  The highly anticipated glass enclosed Helmut Jahn building at 600 N. Fairbanks is ready to begin closings as soon as the beginning of October. The first flips and rentals are appearing on Craigslist and the MLS. The rental is for a 900 sq. foot one bedroom for $2200 a month.  That does not include […]

Avenue East Buyers Already Trying to Sell

Avenue East, the new condo building going up just east of the Mag Mile at 160 E. Illinois, has not yet begun its closings but already some buyers are trying to sell their new units. The first re-sale that I know of has appeared on Craigslist.  It is a split 2 bedroom, 2 bath of only 1100 […]