Today I had a showing at 474 Lakeshore Dr unit 2306, this unit is very spacious, and the view is really spectacular! The living room is facing the Navy Pier, the new Hot air balloon and the lake. Today the weather is so nice, you can see as far as Michigan, Wisconsin and Indiana. The color of the lake is gorgeous. The lay out of this convertible is very nice, actually you have an actual room, so if you have a guest visiting, you do not feel that you are so close to each other. The kitchen has granite counter top, nice cabinets, the bathroom features the marble bath, new medicine closet and marble counter. Also you have a marble entrance. The asking price is $1,350 which is very reasonable, consider there is a nice big gym, an good size indoor swimming pool, a full amenity building in the nicest place!
This one bedroom/convertible unit is on the 23rd floor of the 474 lakeshore dr. It faces east so you would have perfect views to the navy pier, the lake the big ferry wheel. Very pretty! The unit features a nice large kitchen with granite counter, marble floor. Marble bathroom, lots of closet spaces. This is a full amenity building with 24 hour doorman, a large indoor pool, a great size gym, a sun deck and grill, park room. So many to offer. Walking distance to the lake front, Navy Pier, shops on Michigan Ave, grocery stores, AMC theater! The asking price is $1,350 per month, you can never find anything like this.
Detailed MLS info and pictures are available upon request.
The 505 McClurg is a new construction, just finished construction last year, it is built at the premier location in Downtown Chicago, which is close to the Navy Pier, the lake front, parks, Michigan Ave, grocery stores, AMC movie theaters, all kinds of restaurants. The good thing of the units here are they all have a balcony, floor to ceiling windows, great kitchen with nice cabinets and appliances, spacious bathrooms, closet spaces and good size rooms.
Currently there are 40 listings from one bedrooms unit to two bedrooms unit and three bedrooms units. There are 34 for sale and 6 for rent. There for sale units are ranging from $359,500 – $1,938, 500 for the raw place of the penthouse unit. So that means around $390 – $559 per square feet, this is a great price for new construction buildings.
The Sold ratio is over 80% sold, that is a very good sign for new construction buildings.
I brought a few clients to this property and some of them are still considering about them.
512 Mcclurg was built in 2002 and it has AMC theater underneath in the building. It is in a great location with grocery stores, Walgreen’s, shops on Michigan Ave, lots of restaurants around it. This building currently has 29 active listing with 20 listing for sale and 9 listings for rent.
The for sale listings include Studios, one bedroom, two bedrooms, the price is from $224,900 to $629,900, that is around $363 – $444 per square feet, the studios are the cheapest.
The rental listings has one bedroom unit and two bedrooms unit with rental price of $1650 – $2,650, this price does not have a parking space, right now there is some promotions going on at the 505 McClurg for parking around $125 per month, only good for River East and Park View residents!
My client is looking for studios or small one bedroom unit, we went to see one of the studios at the 512 Mcclurg, the unit is very nice and clean, new SS appliances, new carpet and fresh paint. View to the south with lots of day light, you can see Chicago river very clearly! Lots of closet spaces. the kitchen size is very nice, even bigger than some of the one bedroom unit in other buildings. Building was built in 2003.
The we went to 550 St Clair, this is a brand new building with the taste of the west loop buildings, such as exposed cement on roof and in the hall way. Kitchen is like a wall kitchen other than the wrap around kind.
The third one is at the 450 Waterside, this one has a balcony, and all new appliances with marble entry and marble bathroom, washer drier in the unit. large walk in closet space. This is facing south so there is lake view.
The asking price of the above three properties are similiar, my client likes the first one and the third one.
In the last 6 months there are 8 units have been closed in the River East building, this is pretty active as compare to other buildings which has from none to 3 average closed deals in the building. The closed price are ranging from $204,000 to $770,000, which includes from studio to three bedrooms units. There are three units are in the pending sale status, one studio, one bedroom and two bedrooms. I really like this building, not only I have friends live in the building so that I could come to visit often, but also I like the layout of the units, very large living room, bedrooms. Plus with the angle each unit do have some views to the lake or city. Currently there are studios, one bedroom and two bedrooms available in the building.
This studio has around 620 square feet and it has some view to the lake. This studio is on the 10th floor, the asking price is $224,900 which is very compatible. The building is newly built in 2003 and the amenities are the best. This will be a good buy for investment as it is walking distance to the grocery stores and restaurant, plus I know there are lots of residences from Northwestern like this building as it is so close to the hospital. This is not my listing but if you like to know the details I would be happy to send them over to you.