This is just listed for $240,ooo. One bedroom one bath with around 700 square feet, washer and dryer in the unit, the view is to the new designer park, the new lakeshore east park. This building is located at the new east side which is new area including two parks, lake front trail, a new grocery store is going to break ground in the next of couple weeks!
The building offers full amenity which includes a grocery store, a nice gym, a roof top pool and 24 hour doorman, a spa, two party rooms etc. This is a very pet friendly building, it allows all kinds of dogs and cats to come here to live. Also, there is outdoor grill and tennis court! Any showing appointments, please contact Kristine Frost from @properties at 312 933 1894.
Tags: 195 n Harbor·lakeshore east park·new east side·one bedroom one bath·roof top pool·unit 1907
I noticed there are some developers are cutting their prices as earlier as Jan this year, such as 565 Quincy, which is next to the union station, the price has been cut for 30%. The one bedroom price starts from $170,000 with has very nice interior design and nice wood floor, marble bath, SS appliances in the kitchen, granite counter top. I went with a client to check out some of the units, there are lots of different floor plan for us to compare. I like that all the units has a balcony, there are lots of sun lights in most of the units. There is also a nice Q room which includes Balling, Darts, poll tables, ping pang table, nice theater, mini golf, nice size gym.
This is being listed with my company @properties. It will be a good place for living or investment.
Tags: 565 quincy·balcony·granite counter top·poll tables·Q room
This building has sold the most units in the last three months at the new east side neighborhood. There are totally 9 units sold in the last three months, which is a very promising especially in this market and in the winter plus 8 of them are regular sales not short sales or foreclosures. Currently there are 17 listings from $159,900 to $875,000. The price is really reasonable now for a full amenity building at the great neighborhood.
Tags: 400 randolph·sold units in the last three months
There are total 5 units sold within the last three months, there are two foreclosures units and two shortsale units and one regular sale unit. I have a client who was bidding on unit 3810 and did not get it. This is a great price unit as it is larger than the 07 unit and it has some good views to the new lakeshore east park, the millennium park, etc. This is really a good buy. There are currently 24 units listed on the market.
Tags: 222 columbus dr·sold in the last three months·unit 3810
I was searching to see how many units are sold at the 360 Randolph and found out that nothing was sold in the last three months. As we should know that it was winter time and this is not a big building, but the result still surprised me a little as I thought there might be a couple of sales in the last three months. Currently there are 12 units on the market starting from one bedroom of $255,000 to three bedrooms unit of $1,000,000. All the units are having very good views here especially the three bedrooms unit which has great views to the lake, the Grand Park, the south shore line and the Chicago city skyline. The building offers full amenity, I love the rooftop indoor pool. An out door garden is very inviting on the first floor with grills in it.
Tags: 360 randolph·chicago city skyline·grand park·lake view·roof top indoor pool
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 with the same view to the grant park and the south shore line. That means if you want to sell, you should better use a good agent especially in the bad years like now, let’s say that unit 1202 has to pay 6% commission, that is $26,700, the net proceed is $418,300. Then for unit 603, although it is for sale by owner, they still has to pay the 2.5% to the selling agent, that is $8,950 plus the fees to Scott Berg which would be around $500, the total net would be $348,550, the difference between the two unit would be quite significant, which is $69,750. So that means yes you save some on the listing agent fees but what is the final result, you lost almost $70,000! As right now it is buyers’ market you need professionals to help you out to get your unit sold in the price range that you were thinking!
Tags: 360 randolph·for sale by owner·the buckingham·unit 1202·unit 603
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.
Tags: 8 e randolph·joffrey tower·just rented·unit 2107
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 this market, and the sold price $537,500 is higher than the last year sold price which is $512,500. There are no short sale or foreclosure sale in this building.
MLS # Stat Street # CP Str Name Sfx Unit # LP/SP # Rms Beds
07214267 CLSD 155 N Harbor Dr 2404 $310,000 4
07100212 CLSD 155 N Harbor Dr 3307 $343,000 5 1
07186360 CLSD 155 N Harbor Dr 3913 $492,000 4 1
07005009 CLSD 155 N Harbor Dr 2002 $535,000 5 2
07255896 CLSD 155 N Harbor Dr 5008 $537,500 5 2
07041974 CLSD 155 N Harbor Dr 2808 $590,000 5 2
07186268 CLSD 155 N Harbor Dr 5408 $599,000 5 2
07208605 CLSD 155 N Harbor Dr 3012 $980,000 6 3
Tags: 155 N Harbor·harbor point·sold in the last three months
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 sale with a cash purchase.
The most recently closed is the unit 808. That means the price did drop around 10% compare to the peak.
MLS # Stat Street # CP Str Name Sfx Unit # LP/SP # Rms
07301827 CLSD 195 N Harbor Dr 709 $270,000 (F) 5
07241029 CLSD 195 N Harbor Dr 2408 $430,000 6
07281129 CLSD 195 N Harbor Dr 808 $455,000 6
07152330 CLSD 195 N Harbor Dr 1108 $495,000 6
Tags:
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, living room nook for office space or second dining area, in-unit washer/dryer, and more.
Contact info for showing/questions 3055nseminary@gmail.com or 312-497-0854
Posted by owner.
Tags: 3055 seminary
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 the market has dropped so much! There are some great units in this building with tons of upgrade in it!
Tags: 130 garland
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 and more…
You get to eat free, drink free, plus there are great raffles! The best thing is you get to check out some units which are great!
Tags: 6 n michigan·free gifts·open house
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.
Tags: 512 mcclurg unit 2103·river east building
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 N Harbor Dr unit 4711 or the convertible/ One bedroom at the 474 lakeshore dr unit 2306, but they are only interested in the 8 E Randolph location. This is a great unit and has never lived in. I noticed that the 3206 is under contract now, also there are a few other units under contract too, so that means people do love this building.
Tags: 155 N Harbor·474 lakeshore·8 e randolph·one bedroom for rent·unit 2107·unit 2306·unit 4711
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 and the room size is very big. The balcony is very large and overlooking west with views to all the buildings but clear of the roof top as this is on the 21st floor.
The building features 24 hour doorman, management office on site, a nice and large gym. It is at the perfect location, right downtown with easy access to the EL, shops, stores and theaters. This rental listing is listed for $1,600 per month which is very reasonable as the other similar unit rented for $1,700- $1,800 per month. It has basic cable and Internet included in the rent too. These two people both showed interest in the unit, hope they would make their decision soon.
Tags: 8 e randolph·balcony·granite counter top·one bedroom·unit 2107
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 that means if you are buying as an investment, the renter to owner ratio is a little over 30%, you need to put in 25% and then you could be able to get a loan. For the ratio is over 50%, you have to have cash or you have to find a portfolio manager to borrow.
Tags: mortgage guideline·new construction·renter to owner ratio
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 May 2009. Parking is additional $45,000. This is a good deal!
Tags: 450 waterside·facing south·large balcony·new bathroom·new kitchen·woodfloor
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 had some very bad experience with “short sale” myself, such as it took lots of energy to put down an offer amount, then it is sitting with the bank for a few months without any news. In the mean time, the buyer is obligated to the offer so that they could not bid on any other properties without having a formal written withdraw offer letter.
Now the US treasury is planning to give some incentives to the financial institution and the seller for the amount of $2,500 total, due to just 12 percent of homeowners eligible have had their loans reworked, leaving millions more foreclosures to come, the Treasury said on September 9. Hope this could help more “short sales” to close and to move faster, then the agents and the buyers would be interested in the “short sales” again.
Tags: "short sales" plan·12 percent close for "short sales"
