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

Foreclosure rate at the 222 Columbus Dr – Park Millennium

December 2nd, 2010 · No Comments · Uncategorized

There are totally 17 units closed within the last 12 months at the 222 Columbus Dr, the  Park Millennium. They include 9 one bedroom units ranging between $202,000 and $256,000, 7 two bedroom units ranging between $290,000  and $367,268, 2 three bedrooms units ranging between $510,000 and $675,000. There are 4 units were short sale and 4 units were in foreclosre, the foreclosure rate is 47%.

Park Millennium has 480 units, the current rental rate is over 50% over the owner occupancy.

Currently there are 19 units for sale ranging between $169,900 and $300,000, so the list rate is around 4%.  10 of the 19 units are going for Shortsale or foreclosure.

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