I have compared three buildings for the last 24 months sold studios, they are 512 McClurg, 440 and 480 McClurg, the units at the 512 McClurg is around 650 square feet and the see data below. But as an investor, you might want to know how much the rent is, the rent is between $1,100 to $1,350. 512 McClurg was built in 2003 and the 440 and 480 McClurg was built in 1990.
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→ No CommentsTags: 440 mcclurg studios sold·480 mcclurg studios sold·512 mcclurg studios sold·studios sold in McClurg
This is a one bedroom plus a den unit at the 5 N Wabash, unit 1102. Wood floor through out the unit except the master bedroom, newly remodeled with new appliances and granite kitchen counter tops. The rental price is $1,995 per month. This is great for room mates or single family. The building is located at the prime downtown location.
→ No CommentsTags: 5 n wabash unit 1102 for rent·one bedroom plus den for rent at the 5 n wabash
I had a client wants to enroll her son to the Ogden elementary school, so we have looked on the map for one bedroom unit for rent at the new eastside (including the lakeshore east) neighborhood. We have come down to 4 properties, one is located at the 155 N Harbor, one is located at the Columbus Plaza, 233 E Wacker Dr, one is the North Harbor Tower, 175 N Harbor Dr and the last one is the Chandler, 450 E Waterside. The price range is between $1,425 and $2,000 (this unit is furnished). Since the size of the units are similiar, my client has picked the cheapest one, the one bedroom at the Columbus Plaza.
During the tour, we noted that the rental buildings, such as the Columbus Plaza and the North Harbor Tower is 98% rented, and they are all full price right now, no consessions.
Find more details of all the available for rent properties at: http://www.helpfulchicagorealtor.com/chicago/property-types/rental
Remember to mention that you have found me on this website to receive a $25 gift card if you rent from me.
→ No CommentsTags: cheapest one bedroom for rent at the new eastside·columbus plaza onebedroom for rent·north harbor tower one bedroom for rent·one bedroom for rent at the lakeshore east
I have a few clients who interested in viewing this unit, so I have got to show this unit at least 3 times so far. This is east facing large one bedroom unit with a balcony. Unit feature wood floor in the living room and kitchen area, marble counter in the kitchen, marble bathroom, large and full size laundry machine, side by side. SS appliances in the kitchen. This unit has over 900 square feet living space, lots of closets spaces too. It also have a good view of the lake. Joffery tower has a nice gym, 24 hour doorman and very easy access to shops, train, theaters etc.
Please find more details on http://www.helpfulchicagorealtor.com/
→ No CommentsTags: 8 e randolph one bedroom facing east for sale·8 e randolph one bedroom for sale·joffey tower one bedroom for sale
This is a three bedroom, 2 and half bathroom unit with wrap around balcony , north, east and south view of the city. Granite kitchen counters, Mable floor in the bathrooms, wood floor though out the unit. Great view in the unit.
The listing price is 3,200 including an indoor parking space.
Building has outdoor pool. Gym, 24 hour doorman, management office on site, party room, storage unit.
The building is located at the Roosevelt and Michigan, very good location with grocery stores, museums, restaurants, buses and so on.
→ No CommentsTags: 1250 s michigan 3 bedroom for rent·south loop 3 bedroom for rent·south loop 3 bedroom woodfloor for rent
There is a new foreclosure 2 bedroom 2 bath on a high floor at the 222 Columbus, the Park Millennium building, the asking price is $269,900, this unit does not have a balcony, it faces north east, you could see the new lakeshore east park in the unit. Park Millennium is a new building built in 2003, so the appliances are newer. This unit has around 1100 square feet. If you are owner ocupy, you could ask for 3.5% off of the closing cost.
→ No CommentsTags: 222 columbus 2 bedroom 2 bed foreclosure·park millennium 2 bedroom foreclosure
There are totally 22 units closed in the last 12 months at the 222 Columbus Dr – the Park Millennium building. This is a big number, a big increament from the same time period of last year which only have around 15 units closed.
The closing price is ranging between $142,000 to $320,000, from studios to 2 bedrooms, the listing price is from $154,900 to $339,000, I have added all the listing prices and the sold prices and using the total sold prices divided by the total listing prices to get a % of the contract price to the listing price, which is 94%, see table for details below.
| Unit # | Most Recent listing price(K) | Sold Price (K) | Sale status | Sold price /listing price |
| 308 | 155 | 142 | Foreclosure | 92% |
| 1606 | 161 | 150 | Foreclosure | 93% |
| 312 | 163 | 170 | Foreclosure | 104% |
| 1302 | 209 | 170 | Regular | 81% |
| 410 | 170 | 173 | Shortsale | 102% |
| 2805 | 197 | 175 | Regular | 89% |
| 1207 | 198 | 183 | Regular | 92% |
| 1610 | 175 | 185 | Foreclosure | 106% |
| 3804 | 195 | 202 | Shortsale | 104% |
| 3905 | 202 | 202 | Shortsale | 100% |
| 4507 | 240 | 210 | Foreclosure | 88% |
| 1001 | 229 | 212 | Regular | 93% |
| 1410 | 225 | 220 | Regular | 98% |
| 2310 | 260 | 232 | Regular | 89% |
| 2901 | 249 | 232 | Regular | 93% |
| 1112 | 248 | 240 | Regular | 97% |
| 1310 | 250 | 240 | Regular | 96% |
| 1608 | 280 | 251 | Foreclosure | 90% |
| 2402 | 289 | 282 | Regular | 98% |
| 3802 | 329 | 290 | Shortsale | 88% |
| 1109 | 297 | 295 | Shortsale | 99% |
| 709 | 325 | 297 | Shortsale | 91% |
| 3402 | 339 | 320 | Regular | 94% |
| Total | 5,385 | 5073 | 94% |
Within the total 22 units sold, there were 6 foreclosure units, 6 short sale units, total distressed property is 12 units, which is 54% of the total units sold in the last 12 months, this percentage is higher than last year’s which is around 47% of the property sold is distressed properties.
Also, 4 distressed properties have sold price higher than the listing price, due to the listing price is too low so people have to bid up the price!
Another interesting thing is all the 6 one plue den unit, which is tier 01, 10 and 12 were regular sales, I think the reason being is these units have better views to the park and south view, so they could be purchased pretty fast!
→ No CommentsTags: distressed properties at the 222 columbus·park millennium sold in the last 12 month·short sale and foreclosure unit closed at the 222 columbus·units sold in the 222 columbus in the last 12 months
I have a couple of clients who were searching for rentals in the new east side neighborhood, which they told me that after walking around, they feel like they could settle down here. They both from out of town, we looked at the a few units at the 400 E Randolph and 360 E Randolph, 175 N Harbor ( the rental building). Then they have decided on a one bedroom unit facing south at the 400 E Randolph. This is a totally remodelled unit with nice furniture included. There is also a large balcony facing south with has specutacular view to the city and the lake.
The Outer Drive East building – 400 E Randolph is a full amenity building which has a lot to offer, from shuttle bus to the city, the nice newly remodeled gym, the basket ball court, the designer swimming lap pool, the kids’ play area, the library, the party room, the sun deck, a nice and convient restaurant, nail spa and massage etc.
→ No CommentsTags: 400 e randolph one bedroom facing south rented·large balcony at the 400 e randolph facing south·nice one bedroom facing south at the 400 randolph
There is a one bedroom unit facing the lake at the 512 McClurg for foreclosure, the asking price has dropped from $329,900 to $314,900. This unit in on the mid level, I went inside to check it for a potential client, it does not look good inside, needs some money to do upgrades. Here is a video tour that I took for this unit:
→ No CommentsTags: 512 mcclurg one bedroom foreclosure·one bedroom facing the lake foreclosure at the 512 mcclurg
I have a couple of clients from out of town and I found them this one bedroom unit facing south at the 400 E Randolph, which is also furnished. This unit has a lot of upgrades, from wood floor to open kitchen, new and nice appliances, new bathroom, the balcony is huge and the view is the most amazing! After viewing it, my clients have stayed at the lakeshore east park for some time and they have fallen in love of the park, the buildings and the neighborhood.
400 E Randolph is a full amenity building, it has 24 hour doorman, a shuttle bus to the Michigan Ave, new remodeled gym, nice designer pool, sun deck, party rooms, etc.
→ No CommentsTags: furnished one bedroom for rent at the 400 E Randolph·one bedroom facing south for rent at the 400 E Randolph
This unit is listed by my coworker Kimbery Wong, I went to view this unit with a client last week and did a video tour. This unit has a lot of upgrades in the kitchen, the bathroom and wood floor. There are a lot of closet spaces through out, the unit is facing north, since the terrace is underneath the unit, it does have some spaces between the other buildings. The unit is listed for $140K, the recent priced short sale on a lower floor was closed for $135K, so this unit is priced so well.
Here is a link to the Video tour:
→ No CommentsTags: 480 mcclurg cheapest studio·nice updated studio at the 480 mcclurg
I have noticed this one bedroom foreclosure at the 160 Illinois, which is listed for $234,900 on Oct 3, 2011, since there is no pictures in the unit, I went to visit the unit and did a video tour. Since the listing is still new and within the first 15 days of the listing, only home owners are available to purchase, plus they could ask 3.5% of the listing price to use as the closing cost, which would be around $8,221. Starting from Oct 17th, investors are welcome to join the bid if the unit is not under contract yet. This unit has a balcony, the kitchen and bathroom both look very nice, only the room size is not big and there is not so much view in the unit. This unit can be rented for around $1,900 per month, so it is going to be a very good investment. I would think this unit has around 800 square feet.
Please check out the video below:
→ No CommentsTags: 160 illinois one bedroom foreclosure·one bedroom with balcony foreclosure at the 160 illinois·river north one bedroom foreclosure·streeterville one bedroom foreclosure
I just noticed a new foreclosure two bedroom unit listed at the 222 Columbus Dr, the Park Millennium buidling. This is a two bedroom facing northwest, from the pictures it looks OK inside. This unit has around 1,225 square feet and can be rented out for around $2,300 per month. Since this is a foreclosure unit, it was listed on Sep 29, 2011 for $289,900 , so right now only the home owner could get to see it first until after 15 days of the listing, then the investors could start looking. Also, if the unit is closed by October 31, 2011, the buyer could request 3.5% of the final sales price to be used as closing costs assistance which is around $10, 146.50. As I am writing this post, we are already Oct 5th, so I would think only the cash buyers could close before the end of the month, then the closing cose would not be that much!
Park Millennium has just passed a new rule that no new investors could rent out their unit anymore since their renter ratio is too high, therefore, only home owners could purchase in this building, I am not sure it is a good thing to do this at this moment as maybe this new rule would drag the price down for a while…
Here is the video tour link:
→ No CommentsTags: lowest two bedroom at the 222 columbus·two bedroom foreclosure at the 222 columbus·two bedroom foreclosure at the park millennium
I have helped one of my clients rented a two bedroom units at the City Front Plaza – 400 N McClurg. This two bedroom unit is facing south east with beautiful river and lake view plus the city view. Large balcony with the unit, lots of closet spaces and two full baths, the rental price is around $2,200 per month, which includes the special of the one year free use of the gym.
I have a video tour here from the model unit, if you like this view, I would be very happy to help you to find a similar unit in the building.
→ No CommentsTags: 400 n mcclurg rentals·city front plaza rentals·city front plaza two bedroom for rent·rental building streeterville
I just noticed that this one bedroom foreclosure unit is under contract, this unit has around 825 square feet, large balcony, very nicely done inside, it was listing for $178k on 8/31/2011, and it went under contract on Sep 9th, 2011. I would think the contract price would be around $170k.
The 400 E Randolph building was built in 1964 and it is still the largest building located at the new eastside. The building is called outer drive east and it is the first building in the neighborhood, it has just went through remodeling the gym and the common area. It has a nice indoor pool, new gym, kids’ play room, party room, Salon, restaurant, shuttle bus to the city, basketball court and so on.
The assessment for this one bedroom unit is $540 per month and the tax is $3,172 for 2009.
→ No CommentsTags: 400 e randolph one bedroom foreclosue is under contract·400 e randolph one bedroom foreclosure·foreclosure unit under contract within 10days of the listing time
This is split two bedroom two bathroom plan with around 1,225 square feet, wood floor in the living and dining area, SS appliances, washer and dryer in the unit, balcony, this unit is located in the 222 Columbus Dr, the Park Millennium building, it faces northwest, current rental price is $2,399 with available move in date as October 1st, 2011.
The Park Millennium building has great amenities, it has an indoor lap pool, with hot tub, party room, sun deck, grill, gym, library, onsite management, 24 hour doorman and pedway access. The parking is the building is around $240 – $310 per month.
→ No CommentsTags: 222 columbus 2 bedroom for rent·222 columbus 2103 for rent·cheap two bedroom for rent at the 222 columbus·park millennium 2 bedroom for rent
I am so happy for my client that I have rented this unit out for my client to a very nice person. He has moved in Sep 1st, 2011, so we did not waste much time, only around 2 weeks vacant time! This is one of the units I have been showing forever and waiting for the matching tenant.
The new tenant told me that he is so happy and he loves this unit so much! As soon as he sees the unit, his eyes open big and he could not believe how cheap this unit is and he keeps on saying,”I will take it, I will take it.” Then we went to his bank got cashier’s check.
My client is very happy too as he is getting a little worried about so many showings but no applications due to different reasons. He told me that it is a big relief for him!
→ No CommentsTags: 5 n wabash unit 1102 rented·cheapest one plus den in the loop·cheapest remodeled one plus den rented·largest one bedroom plus den rented in the loop
I had this listing about more than a month ago, this is a very nice remodeled one bedroom plus den unit at the 5 N Wabash building, it is unit 1102 facing south, since it is on a high floor, there are not so much noises. This unit has around 1,140 square feet, quite large and comfortable for a one bedroom unit. Unit features wood floor in the den and the living room, granite counter tops in the kitchen, new tiles and granite counter in the bathroom, washer and dyer in the unit. Also this unit is fully furnished with King size bed and flat screen TV. Basic cable is included in the rent too.
I had around 20 showings for this unit, most of the roommate did not work out since the den is like a loft with open space on the top and no closet in it. And most people do not like it being furnished, or just do not like the furniture. Although I have put on the listing saying this unit is furnished, furnished and furnished only, I still got more that 5 calls a week to ask for showings but would like to remove the furniture…
We finally found a great tenant who loves this place… I am so happy for my client… But one advice to the potential landlord is to keep your furniture in storage, try to rent the unit out vacant, as there are only less than 5% of the people are looking for furnished apartment in Chicago, plus they are picky about the furniture.
→ No CommentsTags: 5 n wabash one bedroom plus den for rent·cheapest one bedroom plus den for rent in the loop·furnished one bedroom plus den rented at the 5 N wabash·nice one bedroom plus den rented at the 5 n wabash
Kristine Chen Frost has successfully sold real estate for many years. She earned a degree in finance and has served as an external and internal auditor for more than 13 years. She has worked for worldwide Fortune 500 companies such as Price Waterhouse Coopers, Akzo Nobel Inc, UPS, URS Corp., and Resources Global International, Inc. She has lived in Chicago for more then ten years, so is very familiar with the city, its character, and amenities. After moving to the New Eastside neighborhood, she began to build her network both professionally and socially.
Kristine’s philosophy is succinct: “I love my neighborhood, taking our kids to the parks and concerts on summer nights, getting involved with social activities and neighborhood groups, visiting museums, etc. I love Chicago! It is a great city to live because there are so many fun things to do and so many fun places to explore.”
Kristine specializes in downtown Chicago including the New Eastside neighborhood, the West Loop, South Loop, River North, Streeterville, and the Gold Coast. Because Kristine makes the New Eastside her own home, she knows the features of the buildings and has the inside track on good deals as well.
Kristine especially enjoys working with people, particularly helping you relocate to the perfect home – one that fits your tastes, lifestyle, and budget. Whether you need to find a new home or sell your current place, Kristine will work diligently to match you with the ideal location or perfect buyer. She is energetic and will work for you!
On a personal level, Kristine loves hiking, wandering around the city, reading, and socializing with friends. “I absolutely love my job,” she says enthusiastically. “I enjoy meeting new people and helping fulfill their needs.”
Call or contact Kristine to set up an appointment for a free consultation @properties. Also, if you buy or sell a place with me, you will get a $250 gift card!
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