Loop (Chicago, IL)
By Terri Buseman, Downtown Chicago
(RE/MAX Premier Properties)
Begin your Chicago Loop home search here. LoopHousing Type: CondoAs the balanced market we've been watching continues in the Loop a few homes have taken a very long time to sell, but most are selling within three months. One home that took 920 days to sell was one of the last units to sell in The Legacy at Millenium Park, a new high-rise that was developed in the last 6-10 years. The median sales price for condos was $398,000. Price Range: $400,000-$800,000 Price Range: $800,000+LoopHousing Type: TownhomeThe two townhomes that are available could hardly be more different. One is a 2b/3.1ba built in 1980. The home is very clean, but most of the fixtures are quite old. A buyer will most likely want to update the home, gut the kitchen and maybe a bathroom or two, before moving in. The othe...
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By Terri Buseman, Downtown Chicago
(RE/MAX Premier Properties)
Begin your Chicago Loop home search here. LoopHousing Type: CondoMost of the Loop is enjoying the balanced market we have been watching take form. Most homes are taking just under two months to sell. This is a great position for both buyers and sellers as buyers have a few choices making them more confident to make an offer on the home they love. The median sales price for condos was $330,000. Price Range: $400,000-$800,000 Price Range: $800,000+LoopHousing Type: TownhomeAn extremely rare townhome has come to the market in Dearborn Park. The development of white townhomes just south of Printer's Row was built in 1983 at the beginning of the Dearborn Park project, which could be considered the cornerstone of the South Loop neighborhood. Within these homes is a one-of-a-kind property that...
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By Terri Buseman, Downtown Chicago
(RE/MAX Premier Properties)
Begin your Chicago Loop home search here. LoopHousing Type: CondoThe balanced market we were seeing take form in our last report is holding steady. This makes this market great for buyers and sellers of homes priced over $600k. The seller's market is still strong among the lower priced homes where not only is the inventory low homes are also selling at a fast pace. Buyers need to be ready to make a decision when they find a home they like. The median sales price for condos was $335,000. Price Range: $400,000-$800,000 Price Range: $800,000+LoopHousing Type: TownhomeAll of the townhomes that are available are in Dearborn Park. More homes have come to the market since our last report, but they are still selling pretty fast. None of the homes have been on the market for more than 100 days. ...
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Paper Place Lofts, Loop, Chicago, Illinois - June 2017 About Paper Place Lofts Paper Place Lofts is a historic 10-story condominium building located in the South Loop area of Chicago, IL at 801 S. Wells Street south of Harrison Road. Paper Place Lofts is situated in the Printer's Row and is close to restaurants, bars and shopping venues. Built in 1912, Paper Place Lofts offers 107 residences with 1 to 3 bedrooms and 1 to 3 bathrooms. Designed originally as local business office and storage spaces, these units may now feature vintage touches like high barreled ceilings. Granite counter tops, hardwood flooring, in-unit laundry, updated fixtures, large master bedroom and home office space are also available.Amenities include a fitness center, storage space and a bike room. Leased garage p...
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By Marco Amidei
(RE/MAX Suburban )
Park Shore, Loop, Chicago, Illinois - June 2017 About Park Shore Park Shore Condos is a 56-story high-rise condominium building in the Loop neighborhood of Chicago, IL. Built in 1991, Park Shore is located at 195 N. Harbor within steps of Michigan Avenue shopping, museums, restaurants, theaters, parks and playgrounds.The almost 500 residences at Park Shore provide views of Lake Michigan, the Chicago River, Grant Park, Millennium Park, Navy Pier, and the city skyline. Units feature 1 to 3 bedrooms and offer an open floor plan with floor to ceiling windows. Residences may also feature a washer and dryer, hardwood floors, French doors and a private balcony space. This gated community residence includes a clubhouse, health club, steam room, indoor pool, bike room, door person, storage, on ...
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By Marco Amidei
(RE/MAX Suburban )
River City, Loop, Chicago, Illinois - June 2017 About River City River City is a luxury mid-rise condominium built in 1986. River City is located in the South Loop area of Chicago, IL at 800 S Wells Street. Situated just off the south branch of the Chicago River, River City is close to Grant Park, Museum Campus, the Chicago Theater District, restaurants, shopping, public transportation and expressways. Designed by Bertrand Goldberg Associates, the River City buildings were construction in an S-shape with each of the 448 units as a wedge-shaped floorplan, fanning out from the center. The 17-story River City structure houses studio to 3 bedrooms and 1 to 2 bathrooms spaces, offering walk-in closets and balconies. Many of the units support river and marina views.Amenities include 24/7 doo...
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By Terri Buseman, Downtown Chicago
(RE/MAX Premier Properties)
Begin your Chicago Loop home search here. LoopHousing Type: CondoInventory levels are still holding steady since last month. While some properties take awhile to sell about 1/2 of the condos that closed for over $400k sold in less than 40 days. A few even sold before they were listed. The demand for condos in the Loop remains high, especially among 2 bedroom homes. We are just in the first of the busiest months of the year, so as a seller there is still time to list your home and sell it before we get deep into the summer months. The median sales price for condos was $385,000. Price Range: $400,000-$800,000 Price Range: $800,000+LoopHousing Type: TownhomeThe townhome that had new stainless steel appliances, but originally showed pictures of white appliances sold for cash only 9 days aft...
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