North Harbor Drive

Observations and insights into real estate happenings along N. Harbor Dr. in downtown Chicago

East Randolph Street, Chicago

Pending, sold and current on the market for the Parkshore – 195 N Harbor

September 4th, 2013 · Uncategorized

In the last six months there are 12 unit closed at the Park Shore – 195 N Harbor Dr. The price is between $268k for a one bedroom unit to $1.73m for a 6 bedroom unit. There are 8 two bedroom and two bedroom plus den sold with the price range between $395k (no parking) and $525k (one parking included). Some of the units have been remodeled and some of the units are original condition. There are 2 three bedroom unit closed for $650k on a 2nd floor and $815k on the 52nd floor.

Currently there are 4 units pending for close, 6 units are available for sale between $509k and $1,799k. Unit 1104 is remodeled a few years ago, it has a beautiful new and open kitchen, nice bathrooms, wood floor, no pop corn ceiling, new crown molding, new doors, all closets customized.

 

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Illinois Home Sales Best Month Since 2006

August 22nd, 2013 · Chicago Real Estate Market

Check out this report —

http://www.illinoisrealtor.org/sites/illinoisrealtor.org/files/2013marketstats/Chicago-PMSA-July2013.pdf

Chicago PMSA Home Sales July 2013

Prices in some naighborhoods are still very, very far from the peak, so I’m not saying the market has totally recovered, but it’s definitely there’s definitely a strong trend to recovery. If you’re still looking to buy, now might be the right time.

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Automatic Search for All Current Listings at 195 N. Harbor Dr. – Parkshore Condominiums

July 15th, 2013 · Parkshore Condos

My new real estate search engine FindHomeChicago.com (check it out and let us know what you think!) has a feature to set up predefined custom searches.

This one is set up to search for “195 N. Harbor Dr.”.

http://www.findhomechicago.com/Listing/ProcessJumpSearch.aspx?JumpSearch=42815&Page=2

Feel free to bookmark this link, and let me know if I can help set up a custom search with your own search criteria.

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Five Condos For Sale at Harbor Point – 155 N. Harbor

July 8th, 2013 · Harbor Point

There are currently five units listed for sale at Harbor Point. If you looking for property in this neighborhood or anywhere in and around Chicago, I would be happy to talk with you to discuss what you are looking for and how I can be of service.

Harbor Point is the second oldest building among the four original buildings near the intersection of N. Harbor Dr. and E. Randolph St.

155 N HARBOR DRIVE UNIT 1014 – $248k
155 N HARBOR DRIVE UNIT 5103 – $962k
155 N HARBOR DRIVE UNIT 5210 – $450k
155 N HARBOR DRIVE UNIT 1514 – $279k
155 N HARBOR DRIVE UNIT 1705 – $277k

Prices listed above are approximate and may not be current.

Don’t hesitate to contact me if you would like to see floorplans and layouts for Harbor Point and surrounding buildings.

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Current Listings at the Parkshore Condominiums – 195 N. Harbor Dr.

July 8th, 2013 · Luxury Condos Chicago, Parkshore Condos

Here are the current listings at the Parkshore from my FindHomeChicago.com real estate search engine.

Please feel free to contact me if you have questions or would like to see floorplans for any of these units.

195 N. Harbor Dr. Unit 903 – $1.8M
195 N. Harbor Dr. Unit 1102 – $850k
195 N. Harbor Dr. Unit 1104 – $549k
195 N. Harbor Dr. Unit 2402 – $925k
195 N. Harbor Dr. Unit 3509 – $479k
195 N. Harbor Dr. Unit 4209 – $485k
195 N. Harbor Dr. Unit 4801 – $1.15M

Prices listed above are approximate and may not be current.

By the way, here’s a ton of photos of the Parkshore Condo Building here.

As always, if you have any questions about any of the above listings or would like to schedule a showing at the Parkshore or anywhere around Chicagoland, please do not hesitate to contact me.

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Goal! Blackhawks Captain Jonathan Toews Finds Buyer

June 29th, 2013 · Uncategorized

Jonathan Toews unit at the Chandler has finally sold. He moved from the Chandler to Regatta at the north end of North Harbor Dr. over a year ago, and the unit he left at the Chandler has been listed for $1.8M. I almost had a buyer last year but financing fell through. The unit is 2,714-square-foot on the 32nd-floor.

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Ritz-Carlton Chicago’s Highest-End Luxury Condos Available for Move-in

June 25th, 2013 · Chicago Ritz-Carlton, Chicago Trump Building, Luxury Condos Chicago

Crain’s Chicago reports that after many difficulties, the Ritz-Carlton is back on track.

The 89-unit project at 664 N. Michigan Ave. is the most expensive project currently on the luxury downtown Chicago residential market at about $1,200 per square foot vs. about $800 per square foot at the Trump and Lincoln Park 2550. The price is partly a function of the very central location along the N. Michigan Ave. shopping district but I believe it’s mostly due to the prestige of the Ritz-Carlton brand.

If you are looking for ultra high end luxury with lots of amenities  in Chicago, this is the building. Residences range from 1,500 sq. foot one-bedroom homes to penthouses of almost 7,000 sq. feet. and a special feature is the full-floor private Landmark Club with amenities that include a private dining room, screening room, spa treatment rooms, and a state of the art exercise facility.

The building is the type much sought after by overseas buyers such as from the Middle East and Chinese looking to invest or buy a home at which to stay while in Chicago on business or shopping/sightseeing.

The project difficulties are outlined in this article, but the short of it is that there are still many units available at attractive prices compared to ultra high end luxury in other U.S. cities such as New York.

If you are looking to buy high end luxury properties in Chicago, I would be happy to be your guide. I have been working in real estate and living in downtown Chicago for almost 15 years and am very familiar with luxury residential including the Trump Building and the Ritz Carlton as well as Lincoln Park 2550 and many other new and high end residential projects in downtown Chicago.

 

 

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Chicago Home Foreclosures Down Significantly

June 13th, 2013 · Uncategorized

Crain’s Chicago reports that foreclosure activity in the Chicago area is tapering off.

http://www.chicagorealestatedaily.com/article/20130613/CRED0701/130619890?template=printart

“A total of 7,582 homes here had a foreclosure-related filing in May, plummeting 22.2 percent from April and 49.7 percent from a year earlier, according to Irvine, Calif.-based RealtyTrac Inc., an online marketplace for foreclosed properties.”

With reduced foreclosure inventory, competition is really getting fierce as more people are looking to buy and finding a great deal like could be done 3-4 years ago is a lot harder now. If you are looking to buy a foreclosure, it’s important to do the homework to ensure you are not bidding too high or too low. I have help dozens of clients buy foreclosures in the past several years and would be happy to represent you and help you navigate the process.

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David Axelrod Lists Lake Point Tower Unit for $1.25 Million

June 6th, 2013 · Uncategorized

I’ve shown Lake Point Tower (505 N. Lake Shore Drive) to several clients recently and it has a sort of classic feel about it that you don’t get in the modern, sleek new highrises. What type of building you prefer depends on your own style, but one of the better examples of modern, sleek new highrises in my humble opinion is 600 Lake Shore Drive, less than a block away. The lobby and driveway are breath-taking.

In any case, Lake Point Tower has a revolving rooftop restaurant (Cite Restaurant), and unparalleled amenities that are just not in many new buildings. Lake Point Tower has both indoor and outdoor swimming pools and in addition to the Health Club there are weight, cardio, and yoga workout rooms, a kids playground, the list goes on. Besides the restaurant, there’s a convenience store and bar in the building and professional services include medical and dental offices, personal training, and interior design and condo renovation services. It is the only building in Chicago east of Lake Shore Drive.

As always, if you are interested in seeing the buildings above or any units or homes throughout the Chicagoland area, please give me a call, I would be happy to help you!

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Andersonville Midsommarfest Starting Tomorrow Evening

June 6th, 2013 · Uncategorized

While this isn’t exactly downtown, I did want to share info about one of this year’s first major street fests – Andersonville Midsommarfest – starting tomorrow evening! In past year’s I’ve really enjoyed the kid’s entertainment and street performers. On Clark St. running north from Clark & Foster.

“Midsommarfest is Andersonville’s annual summer street festival, now entering its 48th year. Each year, nearly 50,000 people throng Clark Street from Foster to Catalpa for two days of music, dancing, kids’ entertainment, and delicious food. Vendors from around the region sell their wares to passers-by, while ethnic dance troupes and cutting-edge bands keep the party going.”

Some links –
http://www.andersonville.org/midsommarfest
http://starevents.com/festivals/andersonville-midsommarfest/
http://www.yelp.com/biz/andersonville-midsommarfest-chicago-3
http://allthingsandersonville.blogspot.com/2013/05/the-midsommarfest-2013-stage-line-up-is.html

The Yelp reviews are very positive. If you’ve not been so impressed with some other street fests that nominally have everything “music, dancing, kid’s entertainment, delicious”, etc. but not been to Midsommarfest, this one deserves a shot.

Check out the line-up, Abba Salute plays Saturday evening. http://andersonville.do312.com/

My kids have an Ice Skating show dress rehearsal and performance this weekend so I’m not entirely sure we’ll make it this year, but hopefully Sat night and Sunday afternoon!

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