FusionPro
RIVERVIEW
55 East Erie | Chicago, IL 60611
Standard Adress Block FusionPro
GAIL SPREEN 312.925.7 6 6 8 REALTOR® | NEIGHBOR Broker | MBA, Kellogg School of Mgmt. Gail@StreetervilleProperties.com
REAL E S TAT E
415 | 445
MARKET REPORT
E. NORTH WATER STREET FEBRUARY 2019 Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019
Get Current Listings, Market Activity, Home Valuations, and more instantly at:
www.ExclusiveRiverViewCondos.com
STREETERVILLE COMMUNITY UPDATES FusionPro
COMING THIS SPRING TO MOMENT, CHICAGO
COMING BACK TO THE NEIGHBORHOOD
545 N. M C CLURG CT.
OGDEN SLIP BY WINTER’S JAZZ CLUB
PRESENTED BY
GAIL SPREEN COMING THIS SPRING TO THE NEIGHBORHOOD
YO U R R E A LTO R ® A N D ST R E E T E R V I L L E E X P E R T
400 NORTH LAKE SHORE DRIVE New development plans being discussed,
445 E. ILLINOIS ST.
Sans Hotel!
P R E PA R E D E S P E C I A L LY F O R TRIBUNE CONSTRUCTION UPDATE m e d i t e r r a n e a n
g r i l l
FusionPro
The historic Tribune building will be converted to luxury condos. Sales start this spring.
www.ExclusiveRiverViewCondos.com
IGH
BOR & R
415 | 445
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E. NORTH WATER STREET
OR
YEARS OF REAL ESTATE SUCCESS
RIVERVIEW
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REALTOR® | Neighbor | Broker | MBA, Kellogg School of Mgmt. Gail@StreetervilleProperties.com www.ExclusiveRiverViewCondos.com
YOU
G A I L S P R E E N | 3 12. 9 25. 7 6 6 8
ILLE E X
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CURRENT MARKET ACTIVITY
600,000$ 2,250,000
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10 REASONS WHY JAMESON SOTHEBY’S IS BETTER
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SOTHEBY’S INTERNATIONAL REALTY® BRAND
As real estate’s most trusted brand, our name alone opens the most prestigious of doors, creating opportunities and connecting affluent sellers and buyers worldwide.
3
SOTHEBY’S INTERNATIONAL REALTY® NETWORK
We are a member of a truly global, interconnected network. With over 900 Sotheby’s International Realty offices and 90 Sotheby’s Auction offices in major markets around the world, our network has closed over 17,000 referrals.
5
SOTHEBYSREALTY.COM
We have the #1 luxury real estate site in the world, which hosts only our properties and generates over 20 million visits annually. Visitors spend an average of 12 minutes viewing our properties. Your property’s web page is also displayed on 140 Sotheby’s International Realty affiliate sites around the world.
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LISTING SYNDICATION
2
4
M E D I A S T R AT E GY & PA R T N E R S HI P S
The most read and respected media in the world choose to partner with us: NYT, WSJ, Apple, Architectural Digest, Bloomberg, and more. Leveraging these partnerships and showcasing our exquisite properties, our media plan reaches 1 billion potential buyers with the same clear message: visit www.SothebysRealty.com.
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WE “OWN” PRINT MARKETING
IMAGINE. our monthly local publication, is mailed to 29,000 targeted real estate intenders and 1,500,000 copies are distributed in publications throughout Chicago, North Shore, and the Barrington area. To reach buyers from out of town, we run full page ads in the NYT, WSJ, Bloomberg Markets, and more, placing ads in 34,000,000 copies of publications distributed throughout the U.S., Europe, and Asia.
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Lynn Sage Cancer Research Foundation, Brain Research Foundation, and America’s Cup.
10
JAMESON COMMERCIAL
Take advantage of off-market investment opportunities and our comprehensive commercial real estate services: multi-family, retail, office, land, and industrial.
Senior Vice President of Sales Jameson Sotheby’s | Chair of Public Policy Chicago Association of Realtors Board Member Magnificent Mile Association | Board Member Streeterville Chamber of Commerce Board Member CityView Condominium Association | Chair Person Magnificent Mile Lights Festival for 2019
HOMES FOR SALE PRICE RANGE
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HOME CONTINGENT
HOMES SOLD LAST 9 MONTHS
(PENDING ATTORNEY APPROVAL)
HOMES SOLD IN THE LAST 9 MONTHS STATUS
ADDRESS
BEDS
LIST PRICE
SOLD PRICE
SOLD DATE
SP/LP %
Sold
415 E. North Water St 2603
3
3.1
3,917
$2,290,000
$2,290,000
11/8/2018
100%
Sold
415 E. North Water St 2305
3
3.0
4,705
$2,750,000
$2,531,000
10/25/2018
92%
Sold
445 E. North Water St 1802
2
2.0
1,867
$1,049,000
$975,000
08/29/2018
93%
Sold
445 E. North Water St 2002
2
2.0
1,867
$889,000
$855,000
08/24/2018
96%
Sold
445 E. North Water St 2203
2
2.0
1,722
$1,125,000
$1,025,000
08/17/2018
91%
Sold
415 E. North Water St 2006
3
3.1
3,500
$1,890,000
$1,738,000
06/06/2018
92%
Sold
415 E. North Water St 2206
3
3.1
3,500
$1,890,000
$1,820,000
05/31/2018
96%
Sold
415 E. North Water St 1403
2
2.0
2,033
$1,429,000
$1,335,000
05/16/2018
93%
Sold
415 E. North Water St 2704
3
3.0
2,216
$1,485,000
$1,450,000
05/04/2018
98%
BATHS EST. SQ. FT.
2018 REVIEW OF SOLD HOMES
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Other companies rely on the MLS for listing syndication, which limits UNIQUE MARKETING INITIATIVES the number of photos and their size. Our listing syndication is powered Demographix: Targeting the most likely buyer for your home using by a proprietary system, which allows up to 50 high-resolution photos purchasing behavior, household demographics, and consumer interest and feeds to 18 of the top real estate sites in the world, 3 of which no information. Sky Tour: Complimentary helicopter tours for our other real estate company could deliver. We also provide reports that $1.5 million+ buyers. show how much exposure your property receives on each site.
WO R L D C L A S S PA R T N E R S HIP S
HOMES FOR SALE
ELITE AGENTS
We maintain the absolute highest standards for affiliating with agents, and based on average sales price, we have 46 of the top 200 agents in the nation.
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$
TOTAL SALES
13
2017: 13
AVERAGE SALES RATIO
94.5% 2017 : 97.3%
AVERAGE SALES PRICE
1,547,615
$
2017 : $1,271,885
AVERAGE PRICE PER SQ. FT.
$
548
2017 : $571
AVERAGE DAYS ON MARKET
113
2017 : 116
Gail Spreen and Jameson Sotheby’s International Realty are not in any way affiliated with 415 & 445 E North Water Home Owners Association, nor is this in any way an official advertisement or publication of Streeterville. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS between January 1st, 2017 through January 22nd, 2019. Listings and sales may not be those of Jameson Sotheby’s International Realty. The MRED MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause