North Harbor Drive

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

East Randolph Street, Chicago

195 Harbor last three months sold units

February 9th, 2010 · No Comments · 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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