North Harbor Drive

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

East Randolph Street, Chicago

3 more showings for unit 1907 at the 195 N Harbor Dr

March 8th, 2010 · Uncategorized

We had 3 more showings this week for my new listing, the one bedroom unit at the 195 N Harbor Dr – the Parkshore. There were a couple of the clients who came to my open house at 4007 last year, this means that people really take pretty long time to look and see, other than to make a move. I would not blame them as there are so many choices on the market and there is still uncertainty of where we are going.  The good thing is that I do see more traffic this year. I remember last year this time I was so bored with really just no showings at all, no matter for sale or for rent. Just got an e mail from a coworker from @properties that they sold 65 units in 5 weeks at the 565 Quincy. What an interesting number result!

565 Quincy is located next to the union station, most of the units do have balconies, they have dropped 30% since January. I have a client who bought an one bedroom unit will close in April!

The exciting news is that we just got an offer for 1907 and right now we are negotiating. So if you have not see the unit, now it’s the time! Please contact Kristine Frost at 312 933 1894.

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One bedroom for rent at the Parkshore – 195 Harbor

March 5th, 2010 · Uncategorized

So my client puts his heart in the current one bedroom listing, and then there are other people were asking me if there is anything else going to be available.  I put a sign downstairs for a client who is searching for a one bedroom to rent in the mid of May. Then I noticed there is one available right now from the owner. So in case you are looking to find a one bedroom unit, there still a couple of choices. The price would range from $1,300 to $1,400 depends on the floor and the finishes of the unit, which is a lot lower than a couple of years ago, it was around $1,500 – $1,650 at that time.

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Rental showing at the Park Shore – 195 N Harbor Dr

February 25th, 2010 · Uncategorized

I have showed one rental unit to a potential renter today, one bedroom unit facing the new designer lakeshore east park. I am representing the potential renter only, she is a friend of the real renter:-) She really likes the place which has nice views to the Chicago River, the Grand Park and the Buckingham fountain.  The unit features wood floor, new appliances also. I also like the way that it has a french door to the bedroom, so it made the living room looks larger.

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4 showings for unit 1907 at 195 N Harbor – the Parkshore

February 24th, 2010 · Uncategorized

I just had this newly listed one bedroom unit last Friday on the market and I have got 3 inquiries, one from Trulia.com and the other two are Realtors who asks about whichdirection of this unit facing. This unit faces west, which is the new designer lake shore east park, you also have a good view of the grand park and the Buckingham fountain. During Saturday and Sunday, I had four showings, one of the couple came back to see it again in the evening. This is well priced unit with lots of sun light, around 706 square feet but does not lose an inch, you could even put a king size bed in the bedroom.

Very well maintained building with lots of amenities. such as roof top pool, on site grocery store, 24 hour doorman, gym, two large party rooms that you could use 3 times for free of charge etc.

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Current listings at the 195 N Harbor Dr

February 19th, 2010 · Uncategorized

There are currently 9 listings at the Parkshore on the market, they started from $240,000 as a one bedroom to $539,000 as a two bedroom plus den. In these 9 listings, there are 3 new listings from this week. This means that everyone wants to beat the market and want to start even earlier than the regular listing month of March. Normally that is the month that we feel spring is here and people are start to search! I hope all the the current listings could sell in short time!

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Two rental showings at the lakeshore east

February 10th, 2010 · Uncategorized

Yesterday I had two showings at the lakeshore east, they were both at the 420 E Waterside building. Both are one bedroom units, one is facing north east and the other one is facing southwest. They were both very nice, the one faces north east has the best view of Navy Pier and the Chicago River. The one faces southwest has a view to the lake and the new Lakeshore east park. Both has balconies. My client prefers the southwest facing one as it is larger which has around 824 square feet and the asking price is $1,700. The building offers great amenities including gym, indoor pool, party room, grill, sun deck and so on.

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Roundy grocery store is coming

February 10th, 2010 · Uncategorized

According to the Chicago BISNOW report, the Roundy’s grocery store is going to break ground next week at the New East side. The Roundy’s grocery store is going to be located at the the bottom of the 340 on the park building, which is southwest of the Lakeshore East park. As we all know that the developers have been talking about this grocery store for years and now since our community is getting larger, this store is finally coming. Also, there is going to have a three fork steak house in the village market, I am sure this is great new to everyone, please feel free to post your comment here.

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195 Harbor last three months sold units

February 9th, 2010 · Uncategorized

There are three units sold in the last three months at the 195 N Harbor – the Parkshore building. Unit 2501 sold for $412,500 which is 97% of the reduced asking price of $425,000. Unit 2701 sold for $415,000 which is 97.6% of the reduced asking price. Unit 1302 sold for $910,000 which was sold before even printed. This means that the Parkshore building sales are still very strong. Also it means that after the price has reduced to the market price, the negociation room is not as big as some the buyer’s thought, not always 5-10% as a given nowadays. You have to see the listing history while negociating.

There are 6 current listings from $389,000 to $539,000. There is one two bedrooms pending.

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Just Rented – 155 N Harbor Dr, unit 4711

January 7th, 2010 · Uncategorized

The new tenant has just moved in this unit and he mentioned that he really likes this unit, the view is so pretty, the unit has very nice upgrades, the building offers so many amenities, it has a great store, a nice pool, a beautiful sundeck, a nice gym, friendly doorman…

I am very happy to find such a good tenant for my client .

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Showing of the 4711 at the 155 Harbor

November 4th, 2009 · Uncategorized

I had a showing for this rental unit at 4711 at 155 Harbor Dr. This unit is remodeled, very nice inside with granite counter tops, nice cabinets marble entry, and nice bathroom too. There are some furniture in the unit too, such as a Bose TV system. The view of the unit is spectacular, view to the lake and the south shore line. This building is renter’s heaven, it has everything, the nicest gym, indoor pool, nice grocery store, party rooms, sun deck, work room. children’s room, etc. Please let me know if you are interested to see this place!

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