Posts tagged "Co-ops"

Four rentals, including Oprah's, at East LSD co-op

There’s been quite a bit of media buzz about Oprah Winfrey’s co-op at 199 East Lake Shore Drive being offered for rent at $15,000 a month. Curbed and the Tribune, among other sources, have weighed in on the topic. We typically shun celebrity stories, preferring to link them on our Chicago real estate news page,... Read more »

A video visit to the condo expo at Navy Pier

Wednesday morning I stopped by the Conference Center at Navy Pier for a look at the Chicagoland Cooperator‘s Condo HOA and Co-op Expo. Years ago I ran half a dozen home shows in Chicago and know how difficult it is to draw a crowd and have a successful show the first time out. This show... Read more »

A historic rooftop bungalow in the Gold Coast

A number of Chicago’s most prestigious residential buildings maintain a low public profile, garner little attention, and prefer their relative obscurity. One of those buildings, 1500 North Lake Shore Drive, a 23-story co-op completed in 1929, is home to what may be the largest private rooftop terrace on the Drive. You can glimpse it in... Read more »

How high assessments can kill the chances of a sale

Top-tier condo and co-op buildings in prime locations command high sales prices despite high monthly assessments. The assessments are a result of the scope and quality of the services that building residents expect and wouldn’t forgo. Less desirable buildings and neighborhoods often see prices punitively battered by assessment levels. Take 5000 South East End Ave,... Read more »

Gold Coast co-ops: Even after $3.95M, expect to pay extra for parking

When it comes to Gold Coast co-ops, most people immediately think of East Lake Shore Drive. You rarely hear talk about the vintage high-rises on Astor Street. Three homes are for sale at 1209 North Astor, a 14-story, 30-unit building dating back to 1926, including a 4,100 penthouse priced at $3.95 million. If you think... Read more »

Homes at the median in Hyde Park

The median price for a home in Hyde Park (we’re talking condos, townhomes, and single-families here — no multi-unit properties) is $205,000, which happens to be the price of three homes listed in the neighborhood: Unit 3 at 5460 S Woodlawn Ave is a third-floor, two-bedroom / one-bath end unit inside a 36-unit vintage courtyard... Read more »