757 Orleans screams it from the balconies

757 Orleans at Chicago, 757 N Orleans St, Chicago

“Huge price cuts,” you say? Tell me more, you new yellow banners conveniently facing north toward the competition at Silver Tower.

Wait, they can’t, because the 757 Orleans @ Chicago sales office isn’t open on Wednesdays. You tease, banners, you tease! The very few condos listed at 757 Orleans, the 198-unit tower at 757 N Orleans St in River North, don’t reveal much either — they either haven’t changed price at all since going on the market, haven’t gone down since the turn of the new year, or in one case actually went up in recent months.

The Tribune’s Cook County database has records for 63 sales at 757 Orleans dating back to November 2008, at prices from the $190s to $750s. The median sale in the building was an 1,181 square-foot one-bedroom / 1.5-bath that closed for $405,000 in December ’08.

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