I just noticed that this unit is under contract again on Oct 21, 2011. This is the second time that this unit is under contract since it was listed on Sep 23rd. This unit has been maintained very well, I would say it is a great deal for a foreclosure unit.
Two bedroom foreclosure at the 222 Columbus Dr is under contract again
October 21st, 2011 · Uncategorized
→ No CommentsTags: cheapest two bedroom foreclosure at the lake shore east·cheapest two bedroom foreclosure at the new east side·two bedroom foreclosure at the park millennium·two bedroom foreclosure at the park millennium is under contract
Two bedroom two bath at the Park Millennium foreclosure is back on the market
October 15th, 2011 · Uncategorized
This two bedroom two bath unit is facing north east, asking price is $289,900, it is on a mid floor, this is a foreclosure sold by the bank, right now Fannie Mae is offering an additional 3.5% off for the qualified buyers to use it as the closing cost, that will bring the amount down to $277k. This is a great deal for a 1,200 square feet unit. The Park Millennium is a full amenity building has everything to offer.
Here is the video tour, I have checked the inside condition, it is quite good for a foreclosure unit!
→ No CommentsTags: 222 columbus dr·222 columbus dr foreclosure unit·cheapest two bedroom at the lakeshore east foreclosure·cheapest two bedroom at the new eastside·park millennium foreclosure unit·two bedroom foreclosure at the park millennium
New two bedroom two bathroom at the Parkshore on a high floor for rent – unit 5105 at the 195 Harbor
October 15th, 2011 · Uncategorized
This is a two bedroom two bath unit, but the second bedroom has converted to a den, it is on 51st floor, so the view of the lake is great, it has wood floor through out the unit, newer bathrooms, the unit is around 1,220 square feet. Parkshore features all the amenities, such as 24 hour doorman, grocery store onsite, bike rooms, storage units, party rooms, gym, roof top pool, sun deck… This unit is asking for $2,400 with valet parking included in the rent, this is a great deal for a nice high floor two bedroom unit.
→ No CommentsTags: 195 harbor 2 bedroom·parkshore two bedroom·two bedroom facing south at the park shore·two bedroom for rent at the park shore
North Harbor Tower New Rental listings
October 11th, 2011 · Uncategorized
There are a few new apartment available for rent at the North Harbor Tower, Studios are from $1,380, convertibles are from $1,385 with two units on the dog floor, one bedroom starting from $1,605, two bedroom unit starting from $2,320 and one three bedroom asking for $3,385. Their size are very nice at the North Harbor Tower and they have great views almost in every unit!
→ No CommentsTags: 175 harbor new rental listings·north harbor tower new rental listings·north harbor tower new rental prices
Two bedroom foreclosure is under contract at the 222 Columbus – the Park Millennium
October 11th, 2011 · Uncategorized
I was talking about the two bedroom unit at the 222 Columbus Dr – the Park Millennium, I did not even get a chance to go there to take a video tour yet, then I found out that this unit is under contract on Oct 6, 2011, 7 days after it is listed on the market. I know this unit does not have a view, it is facing northwest, so it is facing the Hyatt Hotel. Since the building does not allow new investors, I would assume that this is bought buy a home owner.
→ No CommentsTags: 222 columbus 2 bedroom units sold in one week·Park millennium 2 bedroom units sold in 7 days
Regatta – 420 E Waterside recent sold prices
September 30th, 2011 · Uncategorized
Regatta, the 420 E Waterside is located at the Lakeshore East neighborhood and it is one of the new buildings built by Magellan in 2007. Within the last 12 months, there are 9 units closed, which are sold second hand by individule owners. They are studios, convertibles, one bedroom units, two bedroom units and three bedroom units, close price is between $195k and $1,262k. There are 2 foreclosures and one short sale units within the list, that means the depressed property percentage is 33.3%.
Recently, Regatta has passed a new rule of no new investors could rent out their units anymore, currently their rental ratio is around 43%. They would like to bring it down to 20%.
→ No CommentsTags: 420 e waterside foreclosure units·420 e waterside short sale units·Foreclosure and short sale at the regatta·regatta closed units·regatta recently sold units
450 Waterside – Chandler sold units within the last 12 months
September 30th, 2011 · Uncategorized
There are totally 14 units sold at the Chandler – 450 E Waterside, located at the Lakeshore East neighborhood. There are 9 one bedroom units, and 5 two bedroom units, sold price is between $244,000 and $855,000. Unit 405 sold by owner priced at the $244,000 with a parking space included. One short sale unit 906 closed at the $292,000. One short sale one plus den unit closed at the $340K and one short sale two bedroom unit closed at $430K. So the distressed property closed percentage over the regular sales is 21%. Since all the distressed properties are short sales not foreclosures, then we learned that buyers like to buy at this building as the units get to close before the foreclosure processed. This would help to keep the price at a better level for the building.
Currently there are 6 units for sale, from one bedroom to three bedroom units, priced at $349,000 and $999,900. One of the current units for sale is a short sale unit, which is a two plus den.
Chandler has a renter ratio of 42%, which is getting higher if you want to get a mortgage. But it is workable for most lenders no matter you are an investor or homeowner, just need to put down around 15%.
→ No CommentsTags: 450 e Waterside short sale units·chandler closed units·chandler short sale units
2 bedroom 2 bathroom at the Parkshore for rent – 195 N Harbor Dr
September 28th, 2011 · Uncategorized
This is a two bedroom, two bathroom unit with very nice view to the lake Michigan, the Navy Pier and the Chicago River, at night, the skyline is so beautiful with all the buildings and the lights. Unit features granite counter tops, marble baths, wood floor in the second bedroom and the hall way, the kitchen. This unit has around 1,140 square feet.
Parkshore is a full amenity building with two party rooms, roof deck, roof top swimming pool, gym, grocery store onsite, bike room, onsite management, 24 hour doorman, tennis court and grill.
This unit is listed for $2,100 per month with $200 for parking fees.
→ No CommentsTags: 2 bedroom 2 bathroom for rent at the parkshore·2 bedroom for rent at the 195 harbor·2 bedroom for rent at the Parkshore·Cheapest two bedroom for rent at the parkshore·unit 1701 for rent at the 195 harbor·unit 1701 for rent at the parkshore
One bedroom plus den at the Parkshore 195 N Harbor Dr, has been rented on one day
September 23rd, 2011 · Uncategorized
I have got this listing last Tuesday, it is a one plus den on a high floor with beautiful view to the Navy Pier and the lake, the Chicago River and the north skyline. The unit features granite counter tops, new and high end appliances, new bathrooms, wood floor in living room and tile in the kichen. We had a showing on Wed and then it got rented on the same day. I did not even get a chance to take photos yet!
Parkshore is a very well maintained building with two party rooms, 24 hour doorman, grocery store on site, bike room, tennis court, sun deck and grill. Parkshore is located at the New eastside neighborhood, which has three parks and the lake front sounding it. The new lakeshore east park, the grand park and the millennium park. Since the new grocery store is coming soon, this will help with the neighborhood a lot too!
→ No CommentsTags: 195 harbor for rent·parkshore one plus den for rent·parkshore rentals·parkshore rented one plus den
Three bedroom foreclosure unit at the 420 E Waterside is under contract
September 23rd, 2011 · Uncategorized
There is a three bedroom unit, unit 4114 at the 420 E Waterside listed for $757,350 with two deeded parking spots included on Sep 1st, 2011. I showed to a client and the inside looks new and not been used before, the view is pretty from all rooms, since it is on a high floor, it cleared the views of Chandler overlooking the lake, you do see the air conditioner on top of the Chandler though in the bedroom, but from the living room and other bedroom, you have perfect views to the Navy Pier and the lake. This is a three bedroom and three bathroom unit with around 1,887 square feet.
This unit went under contract on Sep 19th. We need to wait about 30-45 days to find out the closing price for this unit. Currently there are no new investors are allowed to rent out their new purchases in this building. That means you can live there or use as a second home but you can’t purchase and rent it out any more. Since the building has a 43% renter ratio and it will allow new renters when the ratio going down below the 20% range.
→ No CommentsTags: 420 e waterside three bedroom unit foreclosure·new foreclosure is under contract·regatta foreclosure·regatta three bedroom foreclosure under contract
