Tag: Condos

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Quote of the day: an auction postmortem

Right before the auction, we still had sales, but the absorption in the city today is so small. The average absorption is probably one unit or a half [...]
Chicago's video history: the design and construction of Lake Point Tower

Chicago's video history: the design and construction of Lake Point Tower

Jump into the YouTube time machine and travel back to the 1960s to see the construction of Lake Point Tower, the 70-story residential high-rise at 505 [...]
Twenty units sell at Motor Row Lofts auction

Twenty units sell at Motor Row Lofts auction

Sheldon Good & Company conducted an auction of Motor Row Lofts units earlier today at the Hyatt Regency McCormick Place. The auction was well atten [...]

The nearly news: Bucktown short sales

What do all four homes listed below have in common? They're all located in Bucktown, they all sold for the first time in 2006, and they're all availab [...]

More on 565 Quincy's "installment sale"

Whatever you do, don't call it a rent-to-own plan! Belgravia prefers to call 565 Quincy's new offer an installment sale or simply a "better-than-rent- [...]
Rent-to-own arrives at 565 Quincy

Rent-to-own arrives at 565 Quincy

Belgravia Group has announced a new rent-to-own program for the unsold condos and lofts at 565 Quincy. According to a notice that hit my inbox yeste [...]
Web presence: Michigan Avenue Tower II

Web presence: Michigan Avenue Tower II

Michigan Avenue Tower II is one of two South Loop developments with units going up for auction this weekend. If you're in the market for a condo and h [...]

Elysian scraps its hotel condos

That's one way to reduce excess supply in the market. We've heard for months now that the developers of The Elysian, 11 E Walton St, were trying to d [...]

Downtown development: What's left?

Appraisal Research Counselors' Downtown Chicago Residential Benchmark Report for the third quarter of 2009 is out, and the outlook for developers rema [...]
Conversions and Oakwood Shores: Bronzeville's dominant features

Conversions and Oakwood Shores: Bronzeville's dominant features

In this video, Coldwell Banker Realtor Clarence Thompson tells me about three distinct pricing areas within Bronzeville. Sixty-seven percent of the [...]
Catalpa Gardens finds the sweet spot

Catalpa Gardens finds the sweet spot

Catalpa Gardens' recent price reductions, combined with the first-time buyer tax credit and the availability of FHA-insured financing with as little [...]
Sales update: seven homes left at CA23

Sales update: seven homes left at CA23

I toured some of the broker open houses in the West Loop yesterday and ambled over to the Brixton Group's CA23 at 23 N Aberdeen St. Megan Dunn, [...]
Touring the sixth floor of Trio's tower

Touring the sixth floor of Trio's tower

Two Sundays ago, Jameson agent Matt Ohlsen took me through some of the finished units on the sixth floor of Trio's tower at 670 W Wayman St. This wa [...]
Rock out in an Irving Park Loft

Rock out in an Irving Park Loft

For authentic loft conversions in Chicago, places like the South Loop and River North stand out as go-to neighborhoods. After reading about the "Wil [...]
East vs. West at Grand Plaza

East vs. West at Grand Plaza

In 2005, developer Near North Properties sold the Grand Plaza's west tower at 545 N Dearborn St to Jaeger Equities. Two years later, NNP sold the ea [...]
The present and future of green building

The present and future of green building

During the media tour of the Winthrop Club in Evanston, the topic of green construction and LEED certification came up over and over again. I talked [...]
Panorama-rama!: Winthrop Club views

Panorama-rama!: Winthrop Club views

I can't take credit for these panoramas and view shots -- they came with the Winthrop Club's digital press kit -- but they're too nice to leave on t [...]
Is that a sellout on Vetro's horizon?

Is that a sellout on Vetro's horizon?

All this talk about Motor Row Lofts and Michigan Avenue Tower II had me wondering about the status of Vetro, 611 S Wells St, still the poster-child fo [...]
What to expect on auction day

What to expect on auction day

You've brushed up on your auction lingo and the auction process -- now it's time to go to the event itself. Julie First of Sheldon Good & Associ [...]
Revisiting two soon-to-be rentals

Revisiting two soon-to-be rentals

I don't know it for a fact, but I'd guess that the new video above became outdated faster than any other I've ever uploaded. We got around to editin [...]
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