Sandra, that's a really difficult question to answer, because it's so subjective, so I'll give you some statistics that may help you make that decision.
There have been units in 175 E. Delaware (the John Hancock Residences) that over the last 2 difficult years have lost substantial value. Is the real estate economy poised to begin climbing? Even the experts can't agree which direction we're about to go.
That being said, the Hancock has always been a desirable address. There are currently 19 units active in the Hancock, ranging from $229,900 all they way up to $2,999,000 (five of those under contract, with varying market times, 36 days, 284, 443, 14 and 208)
Over the past year, we've seen 36 units in the 705 unit building close, out of the 91 that went on market. (55 of them cancelled or expired). The average close was for 518,402 from a list price of 567,755 (91.3% list/close ratio)... a little below the average in a difficult market. Although some of the lower priced units (under $500,000) seemed to move more quickly with market times well under 30 days.
Hope that's helpful.