North Harbor Drive

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

East Randolph Street, Chicago

155 N Harbor Dr, Harbor Point building last 12 months sold history

January 17th, 2012 · No Comments · Uncategorized

This building caught my eyes as I noticed there are currently 10 units under contract, most of them happened within the last few weeks. This should be a sign that people are coming to the market again!

There were totally 22 units closed within the last 12 months, this is a big increase compare to a year ago which was 15 units closed, that means there is a 47% increase for units closed in 2011 compare to 2010.

Harbor Point was built in 1973 and it was one of the original buildings in the new eastside which includes the laskshore east neighborhood. As we all know that more buyers prefer the newer buildings than the older buildings, so this increase is a great sign to show that the market is started to coming back…

Currently there are 10 units listed for sale, compare to the total units in the building of 742 units, it is just 1.3%.  The listing prices are from $249k to $800K inlcuding studio, one bedroom units, two bedroom units and three bedroom units.

Harbor Point also has rental units, there are two rental units are currently available for rent.

Harbor Point is a full amenity building which has 24 hour doorman, grocery store onsite, nice and large gym, indoor deep swimming pool, party rooms, sun deck etc. Harbor Point allows small pets, under 25lbs and each unit can have no more than 2 pets.

 

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