From the category archives:

South Loop

Chicago Tribune reports on oversupply of downtown apartment rentals

Thumbnail image for Chicago Tribune reports on oversupply of downtown apartment rentals February 12, 2010

Today’s Chicago Tribune has a good article by Mary Ellen Podmolik on the deals available on downtown apartment rentals. According to the article, “A record 2,234 apartments will be added to downtown Chicago this year; increasing the supply of rental units at a time when inventory is already outstripping demand.”
According to Appraisal Research Counselor’s [...]

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New Home Inspection Test for Granite Countertops

January 2, 2009

This year I will be recommending that my buyers perform a new test during their home inspection. While I recently visited the new condo of some of my buyers in the South Loop, they shared with me that they discovered after they moved in that their granite countertops weren’t properly sealed. Their kitchen countertops were [...]

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Why Real Estate Stats Can Be Misleading

November 25, 2008

In Sunday’s Chicago Tribune, real estate columnist Mary Umberger’s headline was “Near South Side homes selling, on average, for more than list price“. Mary reported Zip Realty’s finding that homes in the 60605 zip code had sold for an average of 106.4% of list price during the latest quarter!
This is certainly the kind of news [...]

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The Domino Effect in Real Estate

September 8, 2008

Today a couple of my buyers were supposed to have the closing for their new condo in the South Loop, but they fell prey to the domino effect.
The woman buying their Lincoln Park condo was supposed to close on the sale of her condo last week. An issue arose with her buyer’s financing and her [...]

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New Home Orientations are Challenging in the Dark!

September 4, 2008

Yesterday I attended a new home orientation at the Library Towers condo development in the South Loop. My buyers got their first opportunity to inspect their new condo and have a home inspector check it out as well.
Unfortunately, several lights in the condo didn’t work so it was harder to spot imperfections. I normally carry [...]

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Life in Chicago’s High Rises May be Getting Friendlier

June 16, 2008

This morning’s SunTimes.com has a good article on LifeAt.com a new social networking site for high-rise dwellers. The site provides social networking within a building. Four Chicago high rises, 340 on the Park, 565 Quincy, Prairie District Lofts and 600 Lake Shore Drive are on LifeAt.com. Superior 110 will be added soon. Each building’s [...]

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Balcony, Balcony, Where for Art Thou, Balcony?

May 24, 2008

Today I showed 3 bedroom condos in the River North, West Loop, South Loop and Loop. One of my buyers’ “must haves” is an outdoor space such as a balcony. What I’ve noticed in showing numerous condos with balconies is that the location of the balcony is often more important to buyers than the size [...]

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Chicago Area Whole Foods Map

December 26, 2007

My partner’s brother’s family is visiting this week and they’re big fans of Whole Foods. For those of you not familiar with Whole Foods, it’s a grocery store chain which sells high quality natural and organic products. For you Whole Foods Fans out there relocating to the Chicago area, I thought I’d create a map [...]

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South Loop Prairie District Treasure: Marshall Field Jr. Mansion

July 15, 2007

One evening while walking in the Prairie District Neighborhood in the South Loop on my way to meet with a seller, I came upon a stunning collection of 19th century mansions. Walk along the 1900 south block of Prairie Avenue and you’ll feel like you’ve been transported back in time!
One of the mansions shown [...]

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South Loop’s Prairie District Neighborhood – Metra Station & Good Bistro!

June 11, 2007

Sorry I haven’t blogged for a few days. I’ve been busying showing 2 bedroom condos in several areas of Chicago.
The photo above is a view from a new condo one of my buyers signed a contract for yesterday in the Prairie District Neighborhood of the South Loop. The Prairie District extends from E. 16th down [...]

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