Million Dollar Views – Chicago Real Estate Update

Views!   Views!   Views!!

For the Chicago real estate buyer who craves a condo with a view — here’s your February update.

I have been trolling these properties for one of my clients, and she settled on a lovely unit at 1160 S Michigan.  It’s at the corner of Michigan Avenue and Roosevelt, just behind Trader Joe’s and next to Yolk — the building has the benefit of being “in the thick of things” — perfect for those who love to leave their home and grab a cab in a jiffy.

The northeast view from the unit is spectacular, and to get a 2100 square foot unit at $800,000 was a terrific deal!

Here are some pictures of the condo, which closed 2 weeks ago at $00,000:

1160 michigan ave chicago view

1160 view 600

1160 from Bedroom 2014

1160 S Michigan

Love it?  Don’t Despair!

There are lots of condos available around $1MM if you love a great view — the rest of this post is dedicated to what’s available now, and I’ve included my favorites, too.

Chicago Condos for Sale — Buyer Tour

2 – 3 Bedrooms

Near North (Gold Coast/Streeterville), Loop, South Loop

Select one of the links below to see photos of these properties….

Chicago Condos for Sale February 4, 2014 (2-3BR)

My Favorite Chicago Condos (for sale now) With Great Views

Here are my favorite condos for sale today (2 – 3 bedrooms) that offer great views for around $1,000,000:

195 harbor 02 view

The Parkshore – 195 E Harbor Drive # 1402

$855,000

I love this building – go east on Randolph as far as you can go – take a left and you’re there! They allow dogs, the pool and fitness room are great, and they have tennis court and a lovely park area!

This is a smaller 3 bedroom, but it’s one of my favorite views in the city.

233 e 13th view

233 E 13th St # 1205

$1,150,000

The price has been reduced since it was listed 130 days ago – the competing listing one floor below sold at $1,050,000, and it also had lovely upgrades. My client was considering this one – it’s larger and has more upgrades than the 1160 S Michigan unit, but it wasn’t worth the extra money for her needs.

Nadine did a lovely job capturing the views from this condo, don’t you think?

415 E North Water

415 E North Water 

$850,000

This 2 bedroom split floor plan (1770 square feet) offers a different view than the South Loop condos – parking is extra, and the building includes a health club and indoor pool.

600 Fairbanks 3802

600 N Fairbanks #3802

$1,049,000

This Helmut Jahn glass building was completed in 2008 – this 2 bedroom/2.5 bath 1536 square foot unit offers a recessed terrace, sun deck, and indoor dog run. Parking is extra.

1211 prairie

1211 S Prairie #2304

$1,095,000

1212 lake shore 6aN

1212 N Lake Shore Drive 6AN

$1,135,000

I love this building! Fantastic indoor pool, fitness center, roof deck, and each unit has a wide terrace overlooking Lake Shore Drive.

1300 lake shore 10D copy

1300 N Lake Shore Drive 10D

$995,000

Margaret Carlson’s listing at 1300 Lake Shore Drive has some interesting upgrades! This view is phenomenal, both to the north AND south the East Lake Shore Drive. With a private entrance and  2200 square feet, this is a terrific unit for someone craving a great Lake Michigan view!

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When you’re ready to make an begin your condo search, 

of if you’re just thinking about taking the first step,

contact

Anne Rossley today!

773-620-5333

Email Anne Rossley

Anne Rossley Chicago Real Estate Broker

Best 3 Bedroom Condos for Sale in Chicago

The most frequently requested property in Chicago is probably the 3 bedroom condo — and outdoor space of some kind is usually a “must have” for today’s buyers.

This post includes information for 3 bedrooms in 3 Chicago neighborhoods – Near North (including Streeterville and the Gold Coast), the Loop, and the Near South Side (South Loop).

Three Bedroom Sales Statistics

Three bedroom condos in the South Loop, Loop, and Near North are listed (on average) at $ 1.3MM, and they range in price from $ 335,000 to $5,900,000.  There are currently 271 condos for sale in these neighborhoods, and 336 have sold over the last 6 months — the inventory is low right now!

The properties that sold were under contract in an average of 97 days, and they sold for 96% of the listed price at the time of contract. (Many had price reductions during the listing — the sales price was 89% of the ORIGINAL listed price.)

Click Here  for Condo Sales Data for the Loop, Near North, and South Loop Neighborhoods

# Months Supply of 3 Bedroom Condos

Average Sales Prices of 3 Bedroom Condos

 

See What’s for Sale Today…

Select the appropriate link below and see what 3 bedroom condos are listed now:

Best 3 Bedroom Condos for Sale

$500,000 – $800,000

While 3 bedroom condos average over $1MM in these neighborhoods, I’ve found some terrific properties for sale between $500,000 and $800,000. Below are my top choices in what’s available today.

Take an online tour of these homes when you select this link.

Make an Appointment to find your  Chicago Condo!

Contact Anne Rossley of Baird & Warner

Unit List PriceSFDaysRMSBRBAEXPIncl?
520Huron419Loft$527,70017007632SWNo
1530State1011Loft$650,000210083632NENo
1629Prairie2705Condo$591,000156542632Yes
1346Cleveland3SDuplex$634,500NR96632Yes
240Illinois401High Rise$649,900NR28632.1SNo
530Lake Shore904Condo$675,0001900255633NENo
150Superior602Condo$699,00018157732NNo
21Elm2DMid Rise$699,000NR216632
1122Dearborn18JHigh Rise$725,0001750392732.1NWYes
1410State3BCondo$750,000200052632.1SENo

 

 

 

 

 

 

1325 N State Pkwy – Top 10 Things I Miss

1325 state- large 2 bedrooms in chicago's gold coast1325 N State Parkway – Tom and I lived there for over 10 years – we happened upon the top floor unit facing west, and when the next door unit came on the market, we snapped it up and combined the two. We ended up with 2650 square feet on one level in Chicago’s Gold Coast.

Only when Michael (our second) was due to come home from Paraguay did we finally decide to move to a single family. In retrospect, we didn’t have to leave. We could have raised our kids there.

1325 N State is one of a few Gold Coast condominiums whose floor plans are large and wonderful – the 2 bedrooms offer 1650 square feet – much larger than the typical 1200 square foot condominium in Chicago.

condos for saleTo see current listings of large 2 bedrooms

for sale in Chicago’s Gold Coast —

select this link.

Here’s the list of what I miss most

about living at 1325 N State Parkway:

10.  Jim, the old doorman. Slow as molasses but generally happy. The most laughable moment, when we brought Thomas home and he said, “Oh, he’s a dark baby!”

9. Valet parking – the parking garage was attached – no walking in the cold when setting off to my next destination! Guests could park at fairly cheap rates, when using my coupons.

1325 N State Pkwy8.  Being part of the crowd when Chicago celebrates – we yelled out the window and ran to Rush Street when the Bulls won their first and third championships with Michael Jordan.

7.  Being able to walk to work. Most of my real estate career has been in a Gold Coast office location. I could get to work in 10 minutes on foot. We walked to great restaurants and shopping, and we didn’t need to drive when returning from The Lodge or the Zebra Lounge!

6.  Storage – believe it or not, I had more storage in my condo than in my 2 vintage single family homes!

5.  Accessibility to Lincoln Park and the lakefront – we used to walk to the Lincoln Park Zoo with Thomas – in those days, we could feed the ducks (now there are signs prohibiting this activity!).

4. The roof deck and pool — not that I am a sun worshipper or swimmer, but I love the opportunity to pretend I am from time to time!

3.  Neighbors – we met some terrific people in that building, many of whom we’re still in touch with today – 16 years later.

2.  Views – we didn’t have spectacular lake views, as we faced the west. We did, however, have large windows with a panoramic cityscape. Sunsets were gorgeous and the city sparkled at night.

1. Living in one of the great neighborhoods (Gold Coast) in the world’s greatest city (Chicago!)

Call Anne Rossley

Email Anne Rossley

If you’re interested in seeing large 2 bedroom condos for sale,

or to get information on Chicago Real Estate in general,

Contact Anne Rossley of Baird & Warner.

UnitClosed DateListedSold ASF$/SFDaysRoomsBRBA
1325STATE20E9/26/13$475,000$445,0001650$269.7095522.1
1325State17E11/27/13$449,000$437,5001650$265.15172522.1
1325STATE18E8/22/13$414,900$385,5001650$233.6424522.1
1325STATE16B7/31/13$575,000$550,0001650$333.33163522
1325STATE6F1/31/13$489,000$484,0001650$293.3310522
1325State12B5/2/13$679,000$640,0001650$387.8840522
1325STATE19B7/19/13$425,000$405,0001650$245.45143522.1

 

1325 N State Parkway – 2013 Sales

To see photos and get information on condos that sold in 2013, select one of the following links.

IPAD version for 1325 N State

Desktop (pdf) version for 1325 N State

2650 N Lakeview Luxury One Bedroom for Rent

2650 Lakeview portraitLuxury One Bedroom For Rent  $1850/month

Full amenity building on the park  with views for MILES!

Building amenities:

  • Indoor Pool
  • Fitness Center
  • Party Room
  • 3 Sun decks
  • Tennis
  • Mini-mart

Living Room

Apartment amenities:

  • Stainless new appliances
  • Hardwood floors
  • Upgraded bath
  • Floor to ceiling windows with unobstructed lake and city views
  • Wired for internet, cable
  • Included: heat, air, water, basic cable

Check out the slideshow for photos ….

Chicago Real Estate - Anne Rossley of Baird & Warner

 

Call me to schedule a showing!

Anne Rossley
Baird & Warner
773-620-5333

2650 Lakeview – Chicago Condo Building of the Week

2650 Lakeview, built in 1972 and converted to condominiums in 1979, is one of the premier condominium buildings overlooking Lincoln Park and Lake Michigan.

2650 Lakeview Chicago Condos in Lincoln Park2650 Lakeview - Chicago condos for sale

It’s a full-amenity building, offering the following*:

1  indoor pool
2  mini-mart
3  fitness center
4  3 sundecks
5  tennis courts
6  attached garage
7  hospitality room with panoramic views of Lake Michigan

I recently sold a one bedroom facing north – the seller had been relocated but had previously purchased 3 units in the building over the years. Three bedrooms don’t become available very often – they are sometimes sold “in-house” as owners just post “For Sale” signs on the community bulletin board

* 2650 Lakeview has a no pet policy.

To get today’s list of condos for sale at 2650 N Lakeview, select this link:

 2650 N Lakeview – Condos for Sale Today

You can register online to get email alerts as new properties become available – just select the “login” link under the property listings!

Status UnitList SoldSFDateDaysRMSBRBAEXP
Actv2650Lakeview3108$582,500160011/21/1270422S (South), E (East)
NEW2650Lakeview1606$69,0006071/22/132301
Pend2650Lakeview2410$599,00015761/16/13356632S (South), E (East)
Pend2650Lakeview3807$214,00078311/30/12228311
Clsd2650Lakeview3405$219,000$215,00076512/5/12162311N (North), E (East)
Clsd2650Lakeview2207$229,900$226,0008258/3/12148411N (North), E (East), City, Lake/Water, Park
Clsd2650Lakeview1306$220,000$210,00078510/17/1263311S (South), E (East), Lake/Water, Park
Clsd2650Lakeview3002$335,000$319,00012679/14/12203522S (South), E (East), W (West), City, Lake/Water, Park
Clsd2650Lakeview3707$239,900$230,0008259/5/1271411N (North), E (East), City, Lake/Water, Park
Clsd2650Lakeview1905$218,000$210,00076511/16/1223311N (North), E (East)
Clsd2650Lakeview2603$141,200$118,0004708/6/1245201N (North)
Clsd2650Lakeview3407$244,500$235,0007601/15/13102411N (North), E (East), City, Lake/Water, Park

 

2650 Lakeview Information

See what’s available within a 15 minute walk of 2650 Lakeview using StreetSmart Walk Score…

Click on the image to find out more…

2650 Lakeview Street Smart Walk Score

Condominium Website

 

 

 

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