Crain’s Chicago Real Estate Daily reports that Appraisal Research Counselors summary of downtown Chicago condo sales in the third quarter had few bright spots in it.
Crain’s spotlights Parkside of Old Town (video above) as one of them, and attributes its success to significant price cuts.
First-time buyers — who are able to buy without having to unload homes they currently own — likely helped sales at some other buildings that sold relatively well in the third quarter … including 200 N Dearborn, Silver Tower, 757 Orleans, 235 West Van Buren and Quincy 565.
YoChicago has shot video tours of all of the developments mentioned in the quote, and you can watch some of the videos by clicking on the links. We’ve visited most of the developments multiple times, and you can search for the other videos at our video page.