Motor Row Lofts
Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.
To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.
2301-2315 S. Michigan, Motor Row Lofts
26 of 94 available, 1-2 BR, $210K-$520K, Delivery now
Developed by Motor Row Development, Marketed by @properties
659 W. Randolph, R+D659
NA of 237 available, 1-2 BR, $237K-$341K, Delivery now
Developed by Mesirow Financial, Marketed by @properties
2801 N. Oakley, Homes of Rivers Edge
19 of 76 available, 2-4 BR, $350K-$690K, Delivery now
Developed by NA, Marketed by Conlon
2930 N. Sheridan, 2930 Sheridan
93 of 252 available, 1-2 BR, $200K-$340K+, Delivery now
Developed by Kroupa, Marketed by @properties
757 N. Orleans, 757 Orleans
99 of 198 available, 0-3 BR, $249K-$787K, Delivery now
Developed and Marketed by The Gammonley Group
Previous New-Construction Updates
Monday, August 31, 2009
New-Construction Update: 8/31/09
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Monday, August 24, 2009
New-Construction Update: 8/24/09
Museum Park Place South
Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.
To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.
1901 S. Calumet, Museum Park Place South
159 of 276 available, 1-3 BR, $290K-$590K, Delivery late September
Developed and Marketed by Enterprise Companies
2056 W. Berteau, Berteau Terrace
1 of 33 available, 2 BR, $270K, Delivery Spring 2010
Developed by Macon Group, Marketed by Jameson
2453 S. Lowe, Archer Landing
NA of 18 available, 2-3 BR, $199K-$245K, Delivery now
Developed by NA, Marketed by Jameson
744 W. Fullerton, Converge
NA of 16 available, 2 BR, $470K-$499K, Delivery now
Developed by Peak, Marketed by @properties
451 W. Huron, 451 W. Huron
NA of 135 available, 1-2 BR, $390K-$560K, Delivery now
Developed by Hudson Huron, Marketed by Coldwell Banker
Previous New-Construction Updates
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Ric Cox (Ric14@aol.com) (Twitter @RicCox14)
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Monday, August 17, 2009
New-Construction Update: 8/17/09
Signature Residences
Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.
To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.
207 E. 31st, Signature Residences
17 of 36 available, 1-3 BR, $150K-$380K, Delivery October
Developed and Marketed by 31st & Indiana Development
1160 S. Michigan, Columbian
17 of 220 available, 1-3 BR, $240K-$2.3M, Delivery now
Developed by Davis Group, Marketed by Equity Marketing
2025 S. Indiana, Lakeside Lofts
2 of 96 available, 2 BR, $299K, Delivery now
Developed by Bluestone, Marketed by Coldwell Banker
3001 W. Cornelia, Cornelia Court
19 of 63 available, 2-4 BR, $440K+, Delivery Fall
Developed by NA, Marketed by Coldwell Banker
110 W. Superior, Superior 110
18 of 58 available, 1-3 BR, $490K-$1.5M, Delivery now
Developed and Marketed by JFJ Development
Previous New-Construction Updates
Posted by
Ric Cox (Ric14@aol.com) (Twitter @RicCox14)
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Labels: Agents, Appraisers, Brokers, Buyers, Developers, Inspectors, Lenders, New Construction, Owners, Property Managers, Sellers
Wednesday, August 12, 2009
Distinguishing Between Co-op and Condo
Want to understand more about the difference between a co-operative apartment (co-op) and a condo? Check out this post by top-producing agent Jennifer Ames on her blog. It is the first of a three-part series tailored to the Chicago market, including statistics and the premier co-ops and their histories.
Posted by
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Labels: Agents, Appraisers, Brokers, Buyers, Inspectors, Journalists, Lenders, Owners, Property Managers, Sellers
Tuesday, August 11, 2009
YTD Sales Improve 3 Consecutive Months
According to figures generated for ChicagoCondosOnline.com by MRED, the regional MLS, year-to-date sales of Chicago condos for the first seven months of 2009 are:
* Down 49% in total dollar volume, to $1.6 billion
* Down 39% in units closed, to 5,000
* Down 12% in median sales price, to $283,000
* Up 16% in average market time, to 152 days.
This shows an improving year-to-date market in both dollars and units for three consecutive months:
End of April: Dollars down 59%, units down 51%
End of May: Dollars down 57%, units down 48%
End of June: Dollars down 53%, units down 44%
End of July: Dollars down 49%, units down 39%.
Comparing July sales to June:
* Units closed were flat, at 1,050 in both June and July
* Dollar volume was up 1%, from $330 million to $333 million
* Median sales price was up 1%, from $283,000 to $285,500
* Average market time was down 13%, from 161 days to 140 days.
For details on month-over-month and year-over-year, click here. For previous market reports, click here.
Posted by
Ric Cox (Ric14@aol.com) (Twitter @RicCox14)
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8:15 AM
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Labels: Agents, Appraisers, Brokers, Buyers, Developers, Journalists, Lenders, Market Reports, Owners, Sellers
Free Seminars for Condo Associations
Lakeside Community Development Corp., a non-profit housing organization, is hosting three free evening seminars for condo owners and boards in August:
Thursday, Aug. 13: Understanding Financial Statements
Tuesday, Aug. 18: Self-Management vs. Management Companies
Monday, Aug. 24: Insurance for Condominium Associations
For details, call (773) 381-5253 or e-mail condo@lakesidecdc.org.
Posted by
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Monday, August 10, 2009
New-Construction Update: 8/10/09
Grand Plaza
Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.
To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.
545 N. Dearborn, Grand Plaza
10 of 283 available, 2-3 BR, $440K-$940K, Delivery now
Developed and Marketed by Terrapin Properties
630 W. Barry, 630 W. Barry
9 of 9 available, 2-3 BR, $390K-$620K, Delivery now
Developed by NA, Marketed by Jameson
1919 W. Crystal, 1919 W. Crystal
4 of 9 available, 2-3 BR, $560K-$660K, Delivery now
Developed by Studio Dwell, Marketed by Koenig & Strey
2444 W. Diversey, 2444 W. Diversey
2 of 8 available, 2-4 BR, $360K-$420K, Delivery now
Developed by NA, Marketed by Coldwell Banker
714 W. Division, Parkside of Old Town
NA of 258 available, 1-2 BR, $200K-$280K, Delivery now
Developed by Parkside LLC, Marketed by Equity Marketing
Previous New-Construction Updates
Posted by
Ric Cox (Ric14@aol.com) (Twitter @RicCox14)
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Labels: Agents, Appraisers, Brokers, Buyers, Developers, Inspectors, Lenders, New Construction, Owners, Property Managers, Sellers
Monday, August 3, 2009
New-Construction Update: 8/3/09
Pearson on the Park
Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.
To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.
222 E. Pearson, Pearson on the Park
40 of 219 available, 2-3 BR, $356K-$491K, Delivery now
Developed and Marketed by Hawthorne Development
1600 N. Halsted, Axis
2 of 20 available, 1 BR, $225K+, Delivery now
Developed by NA, Marketed by @properties
926-928 W. Carmen, Carmen
2 of 8 available, 2-3 BR, $285K-$409K, Delivery now
Developed by PNA Development, Marketed by @properties
2800 W. North, Silver District
8 of 20 available, 2-3 BR, $180K-$290K, Delivery now
Developed by Boldun & Gurevich, Marketed by Coldwell Banker
650-670 W. Wayman, Trio
20 of 209 available, 1-2 BR, $210K-$370K, Delivery now
Developed and Marketed by RDM Development
Previous New-Construction Updates
Posted by
Ric Cox (Ric14@aol.com) (Twitter @RicCox14)
at
6:00 AM
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Labels: Agents, Appraisers, Brokers, Buyers, Developers, Inspectors, Lenders, New Construction, Owners, Property Managers, Sellers