JOHN HANCOCK CONDO RENTALS & SALES UPDATE – 175 E. DELAWARE

Here is an update of what is going on in one of Chicago’s most iconic buildings….The John Hancock – 175 E. Delaware.

Right now there are only a few rentals on the market.

ONE BEDROOMS

Unit 5609: Priced at $2,500/mo

Unit 5002: Priced at $3,400/mo

TWO BEDROOMS

Unit 4803: Priced at $3,150/mo

THREE BEDROOMS

Unit 8002: Priced at $3,190/mo

Unit 7308: Priced at $3,900/mo

Over the summer there was some trouble brewing in the Hancock regarding a possible “Rental Cap.” The discussions were so heated that many people refused to speak to each other when seeing them in the elevator! As of right now I do not believe the rental cap was passed.

RECENT SALES IN THE JOHN HANCOCK

Unit 4905, studio sold for $185,000

Unit 5706, Studio sold for $235,000

Unit 5518, One Bedroom sold for $285,000 (Foreclosure)

Unit 6602, Three Bedroom sold for $500,000

 

Paul Blackburn a licensed Illinois Realtor & Broker with @ Properties in Chicago, IL. To contact him regarding units for rent or for sale whether in the John Hancock or other buildings please e-mail him at Paul@PKBlackburn.com

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