Archive for the 'Streeterville' Category

Market Conditions: Luxury Apartment Rentals Hit Record High Price as Condos Stall

Other than at the luxury price point such as the Tribune Tower, there hasn’t been much condo construction downtown since the financial crisis. Instead, developers have been building dozens of new high rises with thousands of apartments. According to Crain’s Alby Gallun, 6 apartment buildings have reached new all-time highs rents per square footage, at […]

What Does a $13.5 Million Penthouse Look Like? 840 N. Lake Shore Drive in the Gold Coast

This 6-bedroom penthouse in 840 N. Lake Shore Drive in the Gold Coast came on the market in April 2019. (Did we decide that this area was Gold Coast and not Streeterville?) Built in 2007, the building has 72 units on just 26 floors and a parking garage. This is a true penthouse on the […]

Raise Your Family in a 3/3 Near the Mag Mile? 550 N. St. Clair in Streeterville

This 3-bedroom at 550 St Clair at 550 N. St. Clair in Streeterville just came on the market. Built in 2008, just as the Great Recession and housing bust hit, it’s a modern building with floor-to-ceiling windows and exposed concrete ceilings with 111 units and a parking garage. It also has an indoor pool and […]

Do Renovations Pay Off? A 1-Bedroom at 201 E. Chestnut in Streeterville

This 1-bedroom in 201 E. Chestnut in Streeterville came on the market in May 2019. This building was constructed in 1967 and has 120 units and valet parking. It’s a full service building with a doorman, pool and exercise room. This unit faces south and has a private terrace. The listing says it has had […]

How Much Does Outdoor Space Matter? One Bennett Park at 451 E. Grand in Streeterville

The new construction luxury building One Bennett Park at 451 E. Grand in Streeterville has finished construction. Designed by Robert A.M. Stern, it boasts just 67 luxury condos, with 279 luxury apartments on the lower level. Don’t worry. They each have their own set of lobbies and amenities so the condo owners don’t have to […]

Rare Original Finishes in the John Hancock: A 2/2 at 175 E. Delaware in Streeterville

This 2-bedroom on the 71st floor of the John Hancock at 175 E. Delaware in Streeterville just came on the market. Yes, I’m still calling it the John Hancock even though the company requested its name be removed from the building. Built in 1969, it has 705 units, commercial space, a parking garage, retail and restaurants. The […]

Forget the High-Rise in Streeterville, Buy a Townhouse Instead: 403 E. North Water

This 3-bedroom townhouse at the base of the Riverview Condominiums at 403 E. North Water in Streeterville came on the market in July 2018. The building was constructed in 2004 and has 159 units and a parking garage. In addition to the high-rise portion of the building, the base has a dozen or so of […]

Can Older Buildings Compete With New Construction? 270 E. Pearson in Streeterville

This 3-bedroom in The Belvedere at 270 E. Pearson in Streeterville came on the market in May 2018. The Belvedere was built in 2007 and has just 42 units. There are just 2 units per floor. It’s a full amenity building with a doorman, an exercise room and heated garage parking. This unit is on […]

You Can Still Get a 3/3 in Streeterville for Under $800,000: 400 E. Ohio

This 3-bedroom in 400 E. Ohio in Streeterville came on the market in May 2018. 400 E. Ohio was built in 1983 and has 185 units. It’s a full service building with an indoor pool and sauna. It has an attached parking garage where residents get parking, which is included in the purchase price, and guests […]

Would You Buy a Maisonette? A 2-Bedroom at 270 E. Pearson in Streeterville

This 2-bedroom in the Belvedere at 270 E. Pearson in Streeterville came on the market in May 2018. 270 E. Pearson is a luxury boutique building with 40 units and a parking garage that was built in 2004. It’s a rare newer construction building that doesn’t have a massive parking garage as it’s base. Instead, […]