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2011 June

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 June 30th, 2011

Showing 2-3 Bedroom Rental Units in Lakeshore East and Streeterville

June 30th, 2011 · No Comments · Uncategorized

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I showed a couple from New York looking to rent in Lakeshore East or Streeterville a couple weeks ago. They were looking for a 2-3 bedroom unit with an indoor swimming pool and a nice view with the city and the lake. There price range was under $4,000 with parking included. I found 7 buildings […]

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View view view, Location location location – Lakeshore East and the New Eastside Neighborhood

June 25th, 2011 · No Comments · Uncategorized

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While we are purchasing real estate, we all know that location, location and location, and while we are at the same location, then it will be view, view and view. I have noticed that the south facing units at the 360 Randolph, the Buckingham Building, 400 E Randolph, the Outer Drive East building, 340 Randolph, […]

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222 N Columbus – the Park Millennium sold activies in the last 6 months

June 22nd, 2011 · No Comments · Uncategorized

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Everyone is saying the market is down and it is hard to sell, but if you price it right, they are moving very fast. In the last 6 months, there are 12 units closed and one unit pending at the 222 N Columbus Dr – the Park Millennium building located at the Lakeshore east – […]

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Downtown Chicago rental prices are getting high

June 1st, 2011 · 2 Comments · Uncategorized

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Prices are almost as high as 2007! Even more owners put their units out for rent since the property values are still dropping. Plus over 2,000 new rental units hit the market this year. Owners have been enjoying the happiness of rent increases and it’s easier to rent out units this year. For example, as […]

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New rental buildings start at the Lakeshore East

June 1st, 2011 · No Comments · Uncategorized

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The developer of the Lakeshore East got a construction loan from Northwestern Mutual Life Insurance Co. for a 499-unit apartment building on the Chicago River  just east of the Swissotel, with plans to break ground early next month. This will be a 45 story rental building north of the existing rental building Tides which was built […]

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