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Not Rich But Want to Live in Streeterville? A 2-Bedroom Under $300K at 222 E. Pearson

This 2-bedroom in Pearson on the Park at 222 E. Pearson in Streeterville recently came on the market. This building was originally apartments but was converted to condos in 2005. It has 220 units with valet parking. This unit is a corner, north and west, unit with the original conversion finishes. It has dark wood […]

Get a 3-Bedroom in a Streeterville High Rise for Under $430,000: 222 E. Pearson

This 3-bedroom in Pearson on the Park at 222 E. Pearson in Streeterville just came on the market. I can’t tell if it is bank owned or not. It is being sold “as-is” BUT it looks like it was part of that $17 million bulk sale of foreclosed units that took place in 2009. This building was converted […]

Market Conditions: What Happens When Prices Are Slashed in Your High Rise- Part II: 222 E. Pearson

We’ve already chattered about what happens to original owners in a high rise condo building after an auction when units sell at  lowered prices which then sets the bar for prices in the entire building. Original owners in 222 E. Pearson, otherwise known as Pearson on the Park, in Streeterville are also about to find out […]

Market Conditions: Bank Files for Foreclosure On Pearson on the Park: 222 E. Pearson

Crain’s reports that PrivateBank & Trust Co. has filed to foreclose on the 219-unit conversion Pearson on the Park at 222 E. Pearson in the Gold Coast. We have chattered about this building in the past. See our prior discussion and pictures here. From Crain’s: The bank alleges that the developer of the project at […]

The Under $200,000 1-Bedroom in Streeterville: 222 E. Pearson

Pearson on the Park, at 222 E. Pearson, in Streeterville (or is that the Gold Coast?) is an apartment to condo conversion that started closings in 2005. This 1-bedroom unit has recently been reduced and is now priced $25,100 under the 2006 purchase price. Other 03 tier units on similar lower floors sold for a bit […]

Free Parking at Pearson on the Park: 222 E. Pearson

The developer is trying to close out sales at the conversion at Pearson on the Park at 222 E. Pearson in Streeterville/Gold Coast. The building was built in 1963 and was converted in 2007. The lobby and hallways were renovated. The developer put washer/dryers in the units. Now, the developer is giving away parking when you buy a […]

More Re-Sales at Pearson on the Park

Pearson on the Park, the recent apartment building conversion at 222 E Pearson was a very successful conversion on a quiet and sought after street in Streeterville/Gold Coast near Northwestern University’s Law School. The developer is still trying to sell a handful of 2 bedroom, 1 bath units, but otherwise most of the building is […]

22% Appreciation in 1 Year in Pearson on the Park?

Pearson on the Park was a conversion, begun last year,  from an older apartment building into condos at 222 E. Pearson near the Magnificent Mile. The location is excellent. Many of the units look out over the Museum of Contemporary Art and many have lake views across the park. Pearson is a quiet street which is […]