Chicago Studios

60601 studio & 1 bedroom condo sales rising

Click to see full chart June 20, 2011

The number of listed studio and 1 bedroom condos sold in the 60601 zip code has been trending upward for the past 2 years. 60601 is in the north part of the Loop running along the south side of the Chicago River from Lake Michigan to Wells and south to Randolph. Click to continue...

400 East Randolph condos for sale

Click to see photos & details of all condos for sale at 400 E Randolph! June 15, 2011

Several condos are for sale at 400 East Randolph in Chicago’s New Eastside Neighborhood. Here’s a review of the building and condos I’ve previewed or shown (none are my listings) along with photos and details of the other condos for sale. I first became familiar with 400 E Randolph in 2007 when a client of mine who works at the Aon Center 2 blocks to the west purchased a pied-à-terre there. Click to continue...

Downtown Chicago studios for sale – most priced under $200,000

Click to see full price distribution chart February 28, 2011

Thinking of buying an in-town home or pied-a-terre with prices down? You’re not the only one. Sales have been on the rise since they bottomed in the first quarter of 2009. Click to continue...

130 North Garland Court – The Heritage at Millennium Park condos for sale

Click to see photos & details of all condos for sale at 130 N Garland Ct February 23, 2011

Several 130 North Garland Court (also known as The Heritage at Millennium Park) condos are for sale. Here’s a review of the building and condos I’ve previewed or shown (none are my listings) along with photos and details on the other condos for sale. Click to continue...

Downtown Chicago condos for sale at 2 year low

Click to see full chart of downtown Chicago condo inventory levels February 21, 2011

The number of downtown Chicago condos listed for sale on the last day of January reached a new two-year low at 2,876, down 25% from January 2010 and down 30.6% from January 2009. All sizes of downtown condos (studios to 4+ bedrooms) Click to continue...

West Loop condo & townhouse average list prices

Click to See Entire Chart August 2, 2010

This past weekend some out-of-town buyers and I started our day of looking at condos and townhouses with a townhouse for sale in the West Loop. Current average list prices are shown below. West Loop studios have an average list price of $185,000. West Loop 1 and 2 bedroom condos and townhouses have an average Click to continue...

Chicago average condo prices headed higher – May 2010

Thumbnail image for Chicago average condo prices headed higher – May 2010 June 1, 2010

I’ve recently had a couple of inquiries about average sale prices for condos in Chicago. Below is a chart showing average and median monthly prices for all Chicago condos for the past 25 months. The trend lines show that average condo prices are actually headed higher while median condo prices are still drifting lower. Here Click to continue...

Rogers Park condos & townhouses for sale

Thumbnail image for Rogers Park condos & townhouses for sale May 17, 2010

I’m working with a gentleman buying a condo in Rogers Park. Edgewater was his first choice for a location. However, when he saw how much more condo he could get for the money in Rogers Park and still live by the Red Line he decided to buy in Rogers Park. As shown above, most condos and Click to continue...

Lincoln Park condos & townhouses for sale

Thumbnail image for Lincoln Park condos & townhouses for sale April 29, 2010

The inventory of Lincoln Park condos and townhouses for sale is at a 2 year high. The chart below shows the distribution of prices for all those Lincoln Park condos and townhouses on the market. Most Lincoln Park studios for sale are priced between $100,000 and $200,000. Most Lincoln Park 1 bedroom condos for sale Click to continue...

Loop condos for sale – March 2010

Thumbnail image for Loop condos for sale – March 2010 March 13, 2010

For those curious about the prices of condos in Chicago’s Loop, I thought you might find a currently price distribution chart* interesting. As shown below the $200,000 to $300,000 price range has the most condos for sale at 184. There are only 109 Loop condos priced below $200,000. There are 58 priced at $1M and Click to continue...

In Search of a Pied-à-terre in the Loop

April 5, 2007

Yesterday I showed studio and one bedroom condos in the Loop and South Loop. An executive who has a home in the northwest suburbs wants a pied-à-terre (a small second home in the city) for when she works late or wants to enjoy a weekend in the city. According to Wikipedia.Org, pied-à-terre is French for Click to continue...