I will attempt to join the rest of America out partying on the beach this week.
Palm trees, here I come.
The Chicago housing market remains red hot with properties going under contract within days of listing.
Even with the pandemic and the looting/rioting downtown, even downtown condos are back selling again.
I’m looking forward to covering all the interesting properties all summer long.
Be nice to each other while I’m away.
Sabrina
This 4-bedroom in The 555 Collection at 559 W. Armitage in Lincoln Park came on the market in March 2021.
Built in 2020-2021, The 555 Collection is a new 4-unit red brick building with grid windows, iron details and cornice in a “nod to Chicago’s Industrial Revolution.”
It has garage parking.
This unit is one of two triplex units.
It has white oak hardwood floors.
The main floor has the living/dining combo and the kitchen, which has luxury finishes including a waterfall island and professional grade appliances.
The second floor has the primary suite and a second bedroom.
The primary suite has a walk-in-closet and a bath with a large, black metal framed shower, marble tile inlay dual vanity with RL lighting and heated floors.
The lower level has the other two bedrooms along with a family room.
The listing says this triplex has a private entrance and private yard.
It has central air and 1-car garage parking.
There is an HOA which covers water and exterior maintenance.
The listing says this is the last available unit (i.e. they have sold 3 out of the 4 units).
Both of the triplexes were listed at $1.45 million.
This industrial, or warehouse style of architecture, is somewhat limited in most of Lincoln Park.
With the quick sale of these units, will developers build more in this style in this neighborhood?
Samantha Porter and Lauren Goldberg at Jameson Sotheby’s has the listing. See the pictures and floor plan here.
559 W. Armitage: 4 bedrooms, 3.5 baths, 3000 square feet, triplex
This 3-bedroom townhouse at 515 W. Belden in East Lincoln Park just came on the market.
Built in 1968, this complex of townhouses has 18 units and exterior parking spaces.
This townhouse is a street facing end-unit, which is next door to the unit with the for sale signs in the picture from 2012 above (which is Unit #14).
The main floor has hardwood floors throughout along with the living/dining rooms and the kitchen.
There’s a gas fireplace with built-in bookcases in the living room.
The kitchen has white cabinets, granite counter tops, a subway tile backsplash, stainless steel appliances including 2 ovens and a bar area with seating.
The townhouse has a spiral staircase.
Two bedrooms and a full bath are on the second floor, including the primary bedroom.
The second bedroom has a skylight.
The third bedroom is in the lower level, apparently located in a large walk-in-closet which the listing says could be a third bedroom.
There is carpeting in the lower level along with a family room, the laundry room and a second full bathroom.
It has outdoor space on the main level, with a large street-facing private fenced in patio.
This townhouse has central air and an exterior parking spot is included.
These are fee simple townhouses. The HOA appears to only cover scavenger fees.
Listed at $629,900, is this a deal for its location near Lincoln Park and the shops and restaurants on Lincoln Avenue and on Clark?
Daniel Pape and Catherine Tahmassebi at Compass have the listing. See the pictures and floor plan here.
Or you can see it in person at the Open House this weekend on Saturday, May 8 from 11 am to 1 pm.
Unit #13: 3 bedrooms, 2.5 baths, no square footage listed, townhouse
This 3-bedroom in The Columbian at 1160 S. Michigan in the Loop came on the market in September 2020.
Built in 2007, at the height of the housing bubble, The Columbian has 221 units and attached garage parking.
It has a doorman and an exercise room.
This is a 9th floor unit which faces east, with views of Grant Park and the Lake as well as the Grant and Millennium Park skylines.
The listing says it has 10-foot ceilings and new wide plank hardwood floors.
It has a separate dining room.
The kitchen has white cabinets, granite counter tops, including on the breakfast bar, and stainless steel appliances.
The unit has a primary suite with a walk-in-closet and en suite bath with a walk-in-shower and whirlpool tub.
It also has a second full bathroom and a half bath.
It has the features buyers look for including central air, washer/dryer in the unit and deeded parking is available for $35,000.
But the big selling point is the large, private terrace which overlooks the lake and Grant Park.
It has some landscaping and is large enough to have several dining tables.
Originally listed at $799,000 it has been reduced to $775,000.
At 1929 square feet, and with the private terrace, is this a deal?
Michael Maier at Berkshire Hathaway HomeServices has the listing. See the pictures and floor plan here.
Unit #907: 3 bedrooms, 2.5 baths, 1929 square feet
This 2-bedroom loft in Epicenter Lofts at 1000 W. Washington in the West Loop came on the market in April 2020.
Built in 1910 and converted into lofts in the late 1990s, Epicenter Lofts has 180 units and heated garage parking.
It has a doorman.
The listing for this brick and timber authentic loft says it has been renovated.
It has 12 foot exposed timber ceilings and a wall of repurposed barn wood.
There’s a fireplace in the living room with built in bookcases.
The loft has hardwood floors throughout.
The kitchen has white upper cabinets and grey lower cabinets including on the island, along with quartz counter tops and a full quartz backsplash with Bosch and Wolf stainless steel appliances.
The primary suite has French doors that open to the living/dining room along with a walk-in-closet and an en suite bathroom has a quartz dual vanity and rain shower with bench.
The second bedroom has wainscoting.
There’s no floor plan with the listing, but it appears from the pictures that neither bedroom has a window.
This loft has a balcony which looks out on Randolph Street.
It has the features buyers look for including central air, washer/dryer in the unit and tandem heading garage parking for two cars which is included in the price.
Originally listed in April 2020, during the first COVID lock down, at $1,089,999, it has been reduced $174,999 to $915,000.
Has the COVID pandemic finally cooled the West Loop’s luxury housing market?
Nicholas Colagiovanni at Baird & Warner has the listing. See the pictures here.
Unit #238: 2 bedrooms, 2 baths, 2050 square feet, loft
This 2-bedroom penthouse duplex at 1800 W. Grace in North Center came on the market in March 2021.
Built in 2013, 1800 W. Grace has 91 units and heated garage parking. (Sorry for the older picture. I DO have an updated one somewhere but I couldn’t locate it.)
The listing says this unit is a “move-in ready” duplex with 21 foot ceilings and a wall of windows.
The main floor has the living/dining space, the kitchen, a full bath and one of the two bedrooms.
That bedroom doesn’t appear to have windows.
The kitchen has modern appliances with “gourmet stainless steel appliances” and a new marble backsplash.
The unit has a suspended lofted den which leads to the primary suite which has windows, a walk-in-closet and an en suite bath with double vanities, a spa shower and tub.
There’s a private balcony on the main floor and a custom work from home space on the second floor that appears to have been a bar with a wine fridge in the prior listing.
The pictures of the rooftop deck are of the common, shared deck.
Heated garage parking is $25,000 extra.
The unit has the other features buyers look for including central air and washer/dryer in the unit.
Originally listed in March 2021 at $795,000, it has been reduced to $749,000.
With inventory low in the neighborhood, what’s holding back a sale on this duplex?
David Posegay at Corcoran Urban Real Estate has the listing. See the pictures and floor plan here.
Unit #519T: 2 bedrooms, 2 baths, 2000 square feet
This 2-bedroom corner loft in the Clybourn Lofts at 1872 N. Clybourn in Lincoln Park just came on the market.
The Clybourn Lofts was a 1980s loft conversion and has 57 units and outdoor, deeded, gated parking.
This listing says it was an old piano factory.
The building has bike storage, a courtyard garden, a rooftop deck and a laundry room.
Pets are allowed. The listing says you can have 2 dogs and 3 cats with no weight limit.
This loft has authentic features that loft fans love including exposed brick walls, timber ceilings and large 10 foot industrial windows that have U/V film and custom solar shades.
It’s a northeast corner loft with a split bedroom floor plan.
Both bedrooms have windows and both have floor-to-ceiling walls with French doors.
It has 2 full travertine marble baths, with one having a soaking tub.
The kitchen has custom white Neff cabinets, Bosch, Thermador and Subzero appliances, a custom floating stainless steel island and stainless steel counter tops.
It has the features buyers look for including central air, a Bosch washer/dryer in the unit and deeded, secure parking is included.
Listed at $555,000 for 1800 square feet, is this a loft lover’s dream?
Eileen Brennan at Baird & Warner has the listing. See the pictures here (sorry- no floor plan).
Unit #206: 2 bedrooms, 2 baths, 1800 square feet, loft
This 5-bedroom penthouse at 506 W. Oakdale in East Lakeview came on the market in August 2020.
There’s no date on when this building was built (1880s?).
It has 4 units and garage parking and was converted to condos in 2003.
This penthouse unit is on the market for the first time since it’s original sale in 2003.
It’s a duplex up with 2718 square feet.
It has hardwood floors throughout, 14 foot ceilings on the main floor, crown molding and 2 fireplaces, including one in the primary bedroom.
4 bedrooms are on the main level with the 5th on the second floor.
The primary suite has a hallway of closets and an en suite bathroom with a double vanity, tub and separate shower.
The kitchen has modern cabinets, “new” stainless steel appliances and what looks like stone counter tops.
There’s also a small balcony off the kitchen.
There are skylights.
The second floor has a family room and the fifth bedroom along with a built-in wet bar.
The unit has a 700 square foot private rooftop terrace with an enclosed sunroom.
This penthouse has the features that buyers look for including central air, washer/dryer in the unit and it has one covered garage parking space which is EV equipped.
Originally listed in August 2020 at $1.25 million, it has been reduced to $924,000.
The property sold in 2003 for $762,000.
Is this a rare chance to get 5-bedrooms for under $1 million in this neighborhood?
Chloe Reynolds at @Properties has the listing. See the pictures and floor plan here.
Unit #4: 5 bedrooms, 3.5 baths, 2718 square feet, duplex up, penthouse
This 2-bedroom in Avenue East at 160 E. Illinois in Streeterville came on the market in January 2021.
Built in 2007, at the height of the of the housing boom, Avenue East is 130 units and has an attached garage.
The building has a doorman, an exercise room and a party room.
It sits just off of Michigan Avenue, across from the Tribune Tower, which is currently being renovated into condos.
This unit is a southeast corner unit which the listing describes as the most “coveted tier” in the building.
It has Brazilian hardwood floors, crown moldings and wainscoting in the family room that is off the kitchen.
The kitchen has dark wood cabinets, granite counter tops, stainless steel appliances and a breakfast bar.
It has a balcony.
The unit has the features that buyers look for including central air, side-by-side washer/dryer in the unit and garage parking is included.
This unit sold in 2009 for $740,000 and then sold again in 2015 for $687,000.
It has come on the market in 2021 at an even lower price, at $648,000.
The listing describes it as an “incredible new price below market.”
At 1716 square feet, is this a deal?
Here’s an old listing where you can see different pictures and unit description: see it here.
Lisa McGuirt at Baird & Warner has the current listing. See the pictures here (sorry, no floor plan).
Unit #1108: 2 bedrooms, 2.5 bathrooms, 1716 square feet
This 2-bedroom loft at Fairbanks at Cityfront Plaza at 240 E. Illinois in Streeterville originally came on the market in June 2019.
Built in 2008, Fairbanks at Cityfront Plaza has 281 units, including some in the “loft” portion of the building which is the base of the building.
It has an attached parking garage.
It’s a full service building with doormen, an outdoor pool, fitness room, dog run, yoga room, clubhouse and theater room.
This unit is a southeast corner unit with a split floor plan where both bedrooms have windows and full walls.
It has concrete ceilings and exposed ductwork.
There’s a balcony accessed off of both the living/dining room and the primary bedroom.
The kitchen has modern wood cabinets, a breakfast bar, what appear to be stone counter tops and backsplash, and stainless steel appliances including a gas stove with hood.
The primary bedroom has an en suite bathroom with dual vanities, a walk-in shower and soaking tub.
This loft has the features buyers look for including washer/dryer in the unit, central air and parking is $50,000 extra.
Originally listed in June 2019 at $675,000 it has been reduced numerous times and is now at $449,900.
Even if you include the $50,000 for parking, it’s now listed $175,600 below the 2007 purchase price of $675,500.
The listing says it’s “listed 10% below comparables sold.”
Is this loft a deal?
Michael Michalak at Re/Max 10 has the listing. See the pictures and floor plan here.
Unit #607: 2 bedrooms, 2 baths, 1494 square feet