South Loop Rentals At Roosevelt Road

A new 342-unit condo project on Roosevelt Road is now being converted into apartments. Centrum Properties, the developer had 60% of the condo units under contract but due to the shift in the real estate market, a sufficient number of sales had not been reached which would allow lenders to provide financing for the contract buyers to close.
The Lofts at Roosevelt Collection, at 150 W. Roosevelt Road, is the second South Loop condo project to go rental in the past two years, after Burnham Pointe, a 298-unit high-rise at 730 S. Clark St. Rents in the Centrum project will start at $1,375 a month for a one-bedroom unit and $2,300 for two bedrooms.

OOPS! MY VIEW IS GOING TO BE BLOCKED!

Yes, this tower in the South Loop of Chicago promises fantastic views. My real estate partner Maria Sabatini and I recently took a tour of a number of condo units available for sale at Museum Place 1-my conclusion? Absolutely great views towards the North, East, South and West as long as you choose from the tiers which are located on east and northeast portion of the building. As soon as this tower was completed, a second tower adjacent to the west began to spring to life. Compromised will be west and partial north views from the west and northwest side of Museum Place 1. Your best choice remains with Museum Place 1 as numerous units are still available through the developer as well as units which owners are attempting to flip at prices below the developer's!