If you check out the Holiday 2014 issue of the New Eastside News you might notice a familiar brand. That's right! On page page 8 of the November/December edition is a beautiful snowy ad from Urban Real Estate. And if you've been outside today you'll feel like it's about time to celebrate the beauty of snow (winter definitely feels like it's here)...
First-time home buyers are a major source of fuel for the housing market. Their purchases are often the first in a chain of move-up buyers. But Millennials haven't yet answered the housing market in large numbers. Chicago Agent Magazine recently crunched the numbers and dismissed a few of the "loftier" and more intellectual motives and settled on one simple one: they don't have any money in savings. According to a study from Moody's, U.S...
This Beautiful and Bright, Totally Remodeled Open 1 Bedroom/1 Bathroom, Shows Like a Model. Can Be Bought Completely Furnished (not included in price). Awesome North and East Views of the City Skyline and Lake! The Building's Great Location Puts You Right in the Heart of River North! Highly Desirable 01 Tier - Rarely Available. Add The Amenities: Rooftop Pool, Fitness Room, etc... And All-inclusive Assessments w/Heat, Air, Gas, Cable.
Good news for housing: Chicago Agent Magazine dug into the recent National Association of Realtors numbers on housing sales and uncovered the most encouraging statistic yet. The only segment of the market that saw sales declines was houses priced in the bracket from $0 to $100,000. It makes up only 6 percent of the market...
Col. Jennifer Pritzker has announced that she is planning to build eight new row houses in the Gold Coast, a departure from her company's usual focus of rehabilitation and re-use of historic buildings. The row houses will be constructed on a vacant corner lot of Chestnut and Clark Streets and operated as rentals, the company said. They will be modeled on the row houses restored by Pritzker's company Tawani Inc. at from 116 to 120 W...
Urban Real Estate's very own Matt Farrell was recently quoted in Crain's Chicago regarding the increasing number of listings coming into the local market. Crain's story, "More choice for homebuyers as Chicago listings rise", delved into the gentle rise in home inventory. Last month, 62,316 homes were on the local market which represents a 5.1 percent increase from September of 2013...
Large 2 Bed + Den in fabulous South Loop building. Corner unit with balcony, great Northeast views of City and Lake Michigan. Totally upgraded: granite counter tops, cherry cabinets, Stainless Steel in the kitchen, marble baths, master suite has double bowl sinks, separate shower and whirlpool. Great floor plan, split, private bedrooms, hardwood floors, in-unit laundry, large windows throughout, tons of light. Awesome fitness room, storage, parking $35K!
NE Corner 3 Bed/2 Bath unit includes 1 Garage Space! Endless views of Park, Soldier Field & Lakefront. Light-filled, former model unit-highly upgraded w/large open kitchen, hardwood floors. Large master suite w/large bathroom with Spa shower. Custom blinds & closet organizers thru-out. In-unit Washer/Dryer. Private balcony. Indoor pool, fitness room, Skyclub Lounge. Pets allowed. 24-hr Doorman. Close to public transportation.
LG Development has proposed a new apartment building for a West Loop site that would bring more than 200 apartments to the neighborhood. They're proposing the new rental building (very contemporary) for a site at 111 S. Peoria, across from Mary Bartelme Park. DNAinfo reports that the development would feature a mix of unit sizes from studios to three-bedroom units and in size from 400 to 1,230 square feet with a total of 205 units...
Beautifully Upgraded NE Corner 1 BD/1.5 BA w/Raised Panel Kitchen Cabinets, Corian Counters, Open Breakfast Bar, Custom Storage Unit With Murphy Bed, Newer HVAC Units, Hardwood Floors, & Mirrored Closet Doors. Master Bath Features Granite Floor, Mosaic Tiled Bath & SS Sink. Great View Of Navy Pier & Lake. Health Club & Indoor Pool, Landscaped Sundeck, Steps To Millennium Park, Lakefront, & Theater District.
Is it finally curtains for the Chicago Spire? Garrett Kelleher, the long-time developer behind the famously stalled project, had announced a partnership with Atlas Apartment Holdings and they agreed to pay Related Midwest a payment of $22 million no later than Friday. But the day came and went, with no payment...
The real estate development boom isn't limited to hot downtown markets, the neighborhoods are definitely getting in on the act. A new map out from Chicago real estate and development website Curbed shows that Milwaukee Avenue is currently the site of more 1,000 new units of rental apartments and condominiums from Wicker Park through Bucktown and into Logan Square...
Exclusive corner unit (S/E exposure) with fabulous views thru floor-to-ceiling windows. Kitchen boasts Stainless Steel appliances and granite counter tops. Hardwood floors throughout. In unit washer/dryer. Spacious balcony overlooking southern harbor and park views. Right by kids park, steps to Village Market, Grant Park/Millennium Park, Michigan Ave.... Deeded parking available for $45k.
Renderings were released last week of the newest addition to the New East Side skyline. Developer Magellan will be building the tower, pictured above, designed by Chicago's bKL Architecture, also behind 200 N. Michigan Ave. and Wolf Point West. The tower will be located on a narrow strip of land between Aqua and the Blue Cross Blue Shield Building on North Columbus, between Lake and Randolph. It will include both hotel and residential components in its 642 feet...
Apartment construction in the South Loop has come back with a roar in the last year. During the economic downturn many planned developments in the area stalled but a check of recently completed and planned construction shows that life is back in the area. Today more than 600 new apartments have come online in the area including the Vesta Lofts, Aviation Lofts, AMLI Lofts...
A developer is planning a new mixed-use development on a vacant stretch of Milwaukee Avenue in Wicker Park. The current plan, a second version, adds 7,400 square feet of retail space to the hot neighborhood and 36 new apartments. LG Development is behind the proposed building which is designed by Antunovich Associates...
Shows like a model with custom accents. Fresh Paint. 10' Tray ceilings, Granite Island, White appliances, 42" Oak cabinets. Open Living Room w/Gas Fireplace and built in bookcase. Balcony. Hardwood Floors in Living area. In-unit Washer/Dryer. Lofted bedrooms, 24/7 Security, Business Center, Fitness Room, Roof Deck. Located in Theatre District, walk to Restaurants, Shopping, & Transportation. Garage parking available for $30K.
Chicago’s ultra-luxury market is hot and sales are soaring . While overall sales in Chicago were down 9.3 percent in the third quarter, sales of homes priced at $3 million or more have soared; usually there are between six and 16 sales in that price range in a given year but in the last quarter there were 26. Those sales included both houses and condos. The most expensive condo sold was at the Palmolive building, for $5...