Beacon Apartments
2930 N Sheridan Rd, Chicago, IL 60657
773-248-6260  WEBSITE save favorite
AVERAGE RATING
recommended by:
49%

overall rating:
3.6
3.5
3.46 Parking:
3.5
3.51 Maintenance:
3.5
3.54 Construction:
3.7
3.67 Noise:
3.5
3.46 Grounds:
3.8
3.77 Safety:
3.7
3.69 Office Staff:
< | >

Conversion haven, is better than non-conversion haven, at least the place that I purchased is for real!!!!

From: -Anonymous-
Date posted: 4/25/2007
Years at this apartment: 2007 - 2007
User Response is available. 2 responses
 
Even though this posting site is for rental seekers, it's going to be normal for the remainder of the residents to post their opinions and vent out their frustrations. Even though I hate to say it, but, this is a very sturdy, cement based building. If they didn't have to reconstruct and rebuild, I would be very very WORRIED that they promised something they can't deliver. However, if your looking, don't forget, construction is good, shows progress, not deceitfulness. The management company stepped up to bat, and are doing one heck of a job, Kass Management, you are doing the best that you can, don't let these people get the best of you, in the long run, winners are winners and losers are losers. If your want the best for your dollar, come check this building out. I did, and I won't be sorry.

Recommended: YES
Overall Rating
5 out of 5
Parking:
5 of 5
Maintenance:
5 of 5
Construction: 5 of 5
Noise:
5 of 5
Grounds: 4 of 5
Safety: 5 of 5
Office Staff:
5 of 5
I'm the author!
Lived here?


User Responses

From: Anonymous Date: 04/26/2007
Easy for someone to say, "The management company stepped up to bat" when they DONT EVEN LIVE IN THE BUILDING!!!! No one said construction is bad. Treating people like dirt and doing marginal construction at best is what people have pointed out on this site. I hope you do enjoy your new condo. But, I think that people who actually live here have a much better perspective of what is really going on in this building day to day. Leaving our hallways in complete ruin on a regular basis while still expecting us to live up to our end of the bargain i.e rent, and other issues is what has made people in this building angry. Just look at all postings before Kass and Krupik took ownership of this building (late 2006). They were all great! Now, the only good reviews are one line sentences posted by Kass to keep the ratings up and you, a person who supposedly bought a condo but has not moved in. I suggest that if you really are interested in a unit, stop by the building and tour the halls and common areas by yourself. It is not hard to get access to this building! Doors are always open with the construction crews coming and going. If you plan on living here, you should actually see and HEAR what goes on. It is a little different then the tour you get from one of the salespeople. And take a look at the "new and upgraded elevator" (on the left). Now that is a real beauty! Look at the pride and craftsmanship shown off in this gem!
From: Anonymous Date: 04/26/2007
If, indeed, you have actually purchased a condo here and are not really just a representative of management, I hope you enjoy your new home. I don't think you should take lightly the comments made by current tenants, however. Some of us have lived here a long time and have witnessed the transition from a very well managed, customer service oriented building to a building that does not care at all about the welfare of its tenants. Since there are 252 units in the building, if you are planning on moving in here anytime soon, you can expect to experience the noise, dust, dirt, lack of security, and disrespect that are frustating those of us who are trapped here because our leases have not yet expired for quite some time - at least a couple of years by my estimation. You should actually walk down one of the hallways - especially when they are doing demo and you can hardly see through the dust. I have actually had to hold my breath and close my eyes just to walk to the elevator. There is great consolation when the construction workers are wearing respirator masks! Considering the age of the building (50s), it is not inconceivable that there is some lead dust or asbestos floating around in the air. And you cannot imagine the nasty gray dust that will cling to everything in your apartment. And I am thinking this could go on not just for months but maybe for years!!! You would be frustrated, too, if you never knew when you came home at night whether there would be a notice posted by the elevator that there would be "no water tomorrow between 9 and 5." And those are just the water outages that we are notified about (the "emergency" repairs). I am really fed up with not being able to expect a hot shower or being able to wash my hands in my bathroom with warm water - or having a gush of rusty water coming out of my faucets. These things happen on a daily basis and are unannounced. I guess we are just expected to put up with this and keep paying our usual rent as we have every other year, even though we are getting much less for our money. We renters are providing the cash flow to the developer until they can move some of these condos, so you would think they owe us some respect. I think the first thing that set me off was when they had the mail held at the central post office when they were re-tiling the lobby and mailroom. They said that mail wouldn't be delivered on one particular day but would be held at the central post office. Well, for 3 days after that, I wasn't able to retrieve my mail because every time I left for work or came home from work, the mail room was blocked off with yellow caution tape because the tilers were still working on the floors - even at night. And if the dirt isn't enough to turn you off, you should hear the noise.

I have not yet met a tenant who is planning to buy a unit in this building. If they were even remotely thinking about it, I am sure that they were totally turned off by the way we were being treated by the sales people and the new management. I know that within the first month of the conversion, I couldn't wait to get out. I dreaded coming home for fear there would be another note either on my door or posted by the elevators telling me about water outages, you can't use the front door, you can't use the driveway, tenants are prohibited from using freight elevators, if you leave anything on your door or in the hall, it will be confiscated, etc.

Even if I liked the way we tenants are being treated, I wouldn't buy here. Of course, some of the reasons are related to size, quality, and configuraton of units, etc., but I don't see buying in a conversion, especially one this large, as a wise financial decision. This is a large building - 252 units. How long will it take to sell all of the units? How long will it be before the building will be turned over from the developer to a condo association? If the units don't sell, you could have a lot of people renting from investors or the developer. If the building is not at least 75% owner occupied, a buyer will not be able to secure a loan (unless it is from the developer's preferred lender). This might not matter to you now, but if you get transferred and have to sell your unit, you may not be able to get a buyer. Also, the units in this building are way overpriced. There is a good chance that they will not appraise out. So, if you have a unit, you might not be able to sell it even if you have to. Since this is a conversion, you have no condo association minutes or financial statements that you can have a real estate attorney look over to make sure that this is a good investment and that you won't be getting slammed with special assessments down the line. If you haven't signed the contract yet, maybe you should think about these things. There are plenty of well-managed buildings in this area (2800 N.LSD, 2650 N. Lakeview, to name a couple)that have much nicer units for about the same price and yet have a history behind them and are therefore not an unknown quantity.
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