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2009 October

East Randolph Street – Call Kristine 312-933-1894

Observations and insights into real estate happenings along E. Randolph St. in downtown Chicago

East Randolph Street, Chicago

Entries from October 28th, 2009

Sold in the last three months at the 360 Randolph, the Buckingham

October 28th, 2009 · 1 Comment · Uncategorized

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There are two units sold at the Buckingham building in the last three months, unit 603 which was for sale by owner ( you can tell from the listing agent ID) for $358K, the other one is a similar one bedroom unit 1202 sold for $445,000. So the difference is quite big for both remodeled […]

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8 E Randolph, Joffrey Tower unit 2107 just rented

October 28th, 2009 · 1 Comment · Uncategorized

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This is large one bedroom unit with large balcony, never lived in, wood floor in the living room and kitchen, open kitchen with great cabinets and granite counter tops, rented for $1,550 per month. Currently there is one bedroom 1007 listed for $1,800.

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The last three months sold at the 155 N Harbor – Harbor Point

October 28th, 2009 · No Comments · Uncategorized

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There are totally 8 units sold at Harbor Point in the last three months, there are 3 one bedroom units, 4 two bedrooms unit and 1 three bedrooms unit, that means the marking is still moving pretty nice. Such as unit 5008, it has a contract within in 34 days, that is not bad for […]

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The last three months sold at the 195 N Harbor Dr – the parkshore

October 28th, 2009 · No Comments · Uncategorized

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There are four units sold in the last three months at the 195 N Harbor Dr – the Parkshore, there are three 2+dens and one 1+den which is a foreclosure sale. Unit 808 and unit 1108 both has a parking space, unit 2408 does not have a parking space, the unit 709 is a short […]

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3055 N Seminary 4S, very nice 2 units floor!

October 15th, 2009 · No Comments · Uncategorized

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Top floor condo with only 2 units per floor. This unit features 60K in remodeling including large windows with great natural light in every room, bay windows in living and master bath, Brazilian cherry hardwood floors, tumbled marble wood-burning fireplace, concrete countertops, stainless steel appliances, slate flooring in kitchen/dining/bath, air-bubble tub, separate dining, large bedrooms, […]

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130 Garland Ct.

October 15th, 2009 · No Comments · Uncategorized

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There are currently 53 listings on the market for this building. This building was built in 2003, we checked out this building around 3 years ago, now I think it is so good that we did not buy a unit here at that time, but right now it is a great time to buy since […]

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6 N Michigan is having a great broker open house tonight

October 15th, 2009 · No Comments · Uncategorized

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Don’t miss tonight’s Broker Open at Six North Michigan from 5-8pm.  This development has one of the most spectacular views in the city and offers boutique style luxury living directly across from the Bean and Millennium Park.  Residences include top of the line finishes, great floor plans and views, an eight year historical tax freeze […]

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Cheapest studio at the River East building 512 N McClurg Ct Unit 2103

October 15th, 2009 · No Comments · Uncategorized

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This studio has around 620 square feet with views to the lake in the unit, it has great kitchen, bathroom, the asking price is $209,900, which is a great price for this building at this location! This unit is going to go fast.

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Showing request for 8 E Randolph unit 2107

October 15th, 2009 · No Comments · Uncategorized

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Since I have this unit listed, there are quite a few showing request and almost everyone loves the unit. We just got an application yesterday, so this is pretty fast considering the market is very slow. While the agent makes the appointment with me, I tried to sell them the one bedroom at the 155 […]

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Two showings at the 8 E Randolph unit 2107

October 6th, 2009 · No Comments · Uncategorized

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Today I had two showings for rent at the 8 E Randolph at unit 2107. This is a one bedroom unit with nice new kitchen, new bathroom, kitchen features gas stove, granite counter, nice cabinet and track lights. The bathroom has marble floor and it is so spacious, the bedroom has lots of closet space […]

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Mortgage guideline with renters to owners ratio

October 6th, 2009 · No Comments · Uncategorized

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Just want to clear some important mortgage guideline of the condo buildings, the FHA/VA /conventional guideline is the renter to owner ration in the building is less than 50% for existing buildings and 30% for new construction buildings. And there are less than 15% of the owner is short on payment to the associations. So […]

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Just contracted – Two bedrooms at the 450 Waterside unit 908

October 6th, 2009 · No Comments · Uncategorized

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This unit is pending now, this is a great two bedrooms unit over looking the lake, facing south with a large balcony, the unit features new kitchen, new bathroom, with nice floor to ceiling windows. nice wood floor in the living room. The price has been reduced from $578,000 in Sep 2008 to $499,000 in […]

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U.S. Treasury set to finalize home “short sales” plan

October 6th, 2009 · No Comments · Uncategorized

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Not so many people understands “short sale”, when I ask my clients if they understand the meaning of the words and the process, very seldom could tell and for those who understand very well, they have specifically mentioned that they do not want to bid on any “short sale”. I do not blame them, I […]

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Just closed foreclosure one bedroom at the 222 Columbus Dr – unit 2807

October 6th, 2009 · No Comments · Uncategorized

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This one bedroom has just closed yesterday, with the listing price of $199,000 and the closing price of $195,ooo. This price is about $100,000 lower than the people paid in 2007. I have showed this unit to a potential buyer, the unit looks nice, although it is a foreclosure, it has maintained very well, even […]

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