Showing posts with label 525 Hawthorne Place. Show all posts
Showing posts with label 525 Hawthorne Place. Show all posts

Wednesday, July 6, 2011

525 Hawthorne Place new Laundry Technologies

Hawthorne Place Condominiums recently updated [added] new laundry facilities. The original laundry facilities located on the 2nd floor just outside the exercise facilities and pool and sundeck amenities is currently operational.

The new facilities are located on the first floor near the indoor parking garage entrance of the 525 Hawthorne Place just outside the onsite drycleaners and service elevator.

Both facilities utilize laundry cards that resemble debit cards to start the washers and dryers. The original system requires the residents of Hawthorne Place to visit the laundry room and add value to the card via a bill acceptor.

The new facility allows the residents to also add cash at a similar cash station, but also utilizes the newest technologies to add value via the web using your debit card. In addition to the ease of adding value, the new machines will electronically contact the resident when the machine has completed its cycle.

While I am partial to this technology given my prior experience in the laundry industry, for a residential establishment, this wireless communication from the machine to the resident is quite impressive.

Traditionally I would not recommend an encouragement to users to leave a laundry facility and wait for a text message that a cycle is complete. From a revenue standpoint [similar to that of a restaurant with table turnover], the faster a machine [or table] is turned over for the next customer, the more opportunity there is to make money.

In a residential community like 525 Hawthorne Place Condominiums, the addition of 14 new washers and 14 new dryers available for 232 unit owners statistically makes sense to limit the wait time needed for an available machine.

How important is this new technology to you when you are looking to buy a condo in Chicago?



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Robert Jarvis, MBA
Phone: 773-572-2362
Email: RobertJarvis@AnOpenHome.com

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Saturday, February 5, 2011

2010 Sales Data for 525 Hawthorne Place

Be sure to visit http://525Hawthorne.AnOpenHome.com for updated content!


A residential condominium high rise building located on a tree lined street in the heart of Lakeview. Only steps from Lake Shore Drive and Belmont Harbor, Hawthorne Place Condominiums boasts 232 units over 30 stories, with a maximum of 8 units per floor and an underground parking garage.

Residents can enjoy the many amenities from the Pool and Sun Deck with cabana's and grills, a complete exercise room, laundry facilities, on-site dry cleaners and package room, and 24 hour security and door staff with an on-site management staff.

Hawthorne Place Condominiums built in 1969, became a condo association between 2002 and 2006. Complete with two passenger elevators and one service elevator, these pet friendly residential living quarters cater to all ages!

Saturday, July 24, 2010

525 Hawthorne Place Condo's

Be sure to visit http://525Hawthorne.AnOpenHome.com for updated content!


Unit 408 at 525 Hawthorne Place FOR SALE! MLS # 07426800








Built in 1969 as a rental property, Hawthorne Place converted to condo's between 2002 and 2005. There are 30 stories and 232 condominiums.

The building has two main elevators and one freight elevator. There are 2 on-site laundry facilities (2nd to open in August 2010), and exercise room, sundeck, pool, bike room, on site dry cleaners, vending machines, ATM machine, 24 hour security, on-site management office and maintenance and Parking Garage with 145 spaces.

In 2007, the building had under gone a $1.4 million to update the facade, window repairs and modernization of the elevators which did result in a 60 month special assessment.

In 2009 / 2010, the building undertook another multi-million dollar update of the heating, air conditioning and ventilation systems resulting in $100,000's of annual savings. This did not result in a special assessment to the owners.

Contact me for more information!

Robert Jarvis







RobertJarvis@AnOpenHome.com
http://www.anopenhome.com/