Category Archives: Real Estate

Plans Proposed for New Hotel / Residential Tower in Streeterville

Back in 2007, plans for a stunning Waldorf-Astoria hotel were in development for the site just north of the Sheraton Hotel & Towers in Streeterville. The proposed hotel / condominium tower would have soared 1,265 feet in the sky and … Continue reading »

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Closeout Sale At 550 St Clair – Free Car With Purchase

We were notified today of the sale being held this weekend at 550 St Clair to sell of the last few units still owned by the developer.  As an incentive, buyers who sign contracts this weekend will receive 10% off … Continue reading »

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Two Bedroom Condo Rental Inventory Is Very Low In Streeterville

We were doing some research on rental rates and inventory for a client who is considering renting their condo at 600 North Lake Shore Drive and noticed some interesting statistics about the current availability of 2 bed / 2+ bath condos available … Continue reading »

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Q1 2011 Streeterville Market Update

We have just finished analyzing the sales data in Streeterville for Q1 2011, and saw some interesting trends.  You can access the market update with the statistics from our Streeterville market reports page.  Some of the findings that we thought … Continue reading »

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The Peshtigo in Streeterville Now a Rental Building

Streeterville residents are always excited to hear about a brand new condo building that promises great design.  A very striking luxury tower, named The Peshtigo, first announced in 2007, was slated to be built by developer Related Midwest and designed … Continue reading »

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600 Lake Shore Drive Almost Sold Out

Advertised as one of the last new construction addresses on Lake Shore Drive, Belgravia Group & Sandz Development, developers of 600 N. Lake Shore Drive, have recently highlighted their success in local publications and in emails to real estate brokers … Continue reading »

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Large Price Drop on Foreclosed Townhome in Streeterville

This past Friday, we noticed a large price drop on a luxury townhouse we have been keeping an eye on for one of our clients.  The townhome at 403 E North Water had a price reduction of $199,000 – from … Continue reading »

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Streeterville Apartment Rental Market Continues To Remain Strong

As reported in Crain’s on January 19 – the apartment building at 400 N. McClurg Court is up for sale and could fetch a price tag of $100 million (a substantial increase from its sale price of $82 million about … Continue reading »

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Top 10 Condo Sales in Streeterville in 2010

Streeterville is among the most highly desirable neighborhoods in Chicago.  Despite the overall retreat in home values in the city over the last couple of years, Streeterville’s luxury condo market still commands top-dollar.  There is no question that this area … Continue reading »

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Streeterville Penthouse Sold at 600 North Fairbanks

While most of the Chicago real estate market was taking a break over the Christmas and New Year holidays, one of the top sales in Streeterville closed on December 31, 2010. The property we are talking about was not just … Continue reading »

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