100% south views from combined 3 unit property. See Grant Park and Millennium Park + Lake Michigan from unobstructed view. 2600 sq ft + 300 sq ft on 3 balconies. Large living room/library/study. Combo dining room w/oak wood floors. Designer open kitchen, granite, Stainless Steel appliances, breakfast bar & built-in pantry/comp nook. Oversized 9x12 closet/storage. Master bedroom w/oak wood floors & walk-in closet. 3 bathrooms recently remodeled...
The long-stalled Chicago Spire project continues to inch out of its problems. Various media outlets reported yesterday that Irish Developer Garrett Kelleher and his partner Atlas Holdings had secured a new investor from New York that would help fund payments needed for the project to emerge from bankruptcy and the bankruptcy judge has approved the plan. The residential project, if constructed, would be the largest in North America...
Chicago Rents On The Rise The Chicago Tribune reports that Chicago-area rents are on the rise and that the continuing boom in apartment construction hasn't hurt occupancy rates. The average monthly rent for an apartment in Chicago is $1,100 for the third quarter, which represents an increase of about 1 percent. Vacancy rates were at about 3.5 percent...
Yesterday we wrote about a report from Zillow that profiled Chicago's top neighborhoods for sellers. Four of those were no surprise, as they're currently among the city's trendiest. Today, Chicago Agent Magazine reports about the city's top selling neighborhoods from the month of August; the distinction, of course, is where the most sales are happening and not necessarily those neighborhoods where seller's have a greater advantage...
The city of Chicago and Chicago Transit Authority are continuing to invest in their transit infrastructure and three downtown projects are poised to make the city even more friendly to commuters. The three projects total an investment of approximately $150 million. First up, the new Washington/Wabash CTA station, which will consolidate two stations into a single stop, both improving the station and shaving time from a trip through the Loop...
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. 2nd parking space available @ $35K!
WOW!! Upgraded 1BR on Southwest Corner with 150 sq.ft. Balcony. Sparkling views from floor-to-ceiling windows, makes a great in-town or full-time home! Construction is Complete! Unit features: Open, remodeled kitchen, Stainless Steel appliances and Granite counter tops, 42" Cabinets, Hardwood Floors throughout, Ceramic and Granite. Furniture Included. Parking Space Included. Superb LOCATION! Move-In Condition!
In real estate, we know, it's never too early to start thinking about the next open house. That being said, there's nothing in the city that rivals the immense annual event Open House Chicago. Held each year by the Chicago Architecture Foundation, this year, on October 18 and 19, attendees will be able to peak inside 150 places across the city...
While some segments of the housing market continue to struggle clawing back value lost post-2007, the condominium market in downtown Chicago has climbed back to its 2008 level, off their peak value by only 2.1 percent. Crain's Chicago Business recently reported that a survey of 65 large downtown buildings found that resales prices were very close to their 2008 peak, within 4.3 percent and that those in the Loop, specifically, were off just 2/1 percent...
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.
Spacious open 1,300 SQ FT 2 Bedroom, 2 Baths. Complete remodel and redesigned unit. Wood floors in Living Room and Carpet in Bedrooms. Designer kitchen w breakfast area. Master redesign with large closet and even larger bathroom. 2nd Bathroom redone with contemporary flair. In unit laundry room and full amenity building with an Indoor Pool & Exercise Room. 24 HR Door staff, Grocery...Walk to Millennium Park, Lakefront, & Restaurants...
Urban Real Estate Managing Partner Matt Farrell recently offered some insight to Chicago Tribune Reporter Mary Ellen Podmolik. The Tribune is reporting that downtown Chicago's condo market is rebounding and that affluent buyers are driving the resurgence. "For the most part, it's a good thing that we haven't been bloated with new construction in the condo market because it has allowed for (price) stabilization," Farrell told Podmolik...
Stunning, spacious 2 bedroom, 2 bathroom with unobstructed and private views of Lake Michigan and Museum campus ; new bamboo floors; Bosch washer/dryer; subzero fridge; deluxe built ins throughout; extra large living area and kitchen ideal for entertaining, 2nd bedroom open to living room; building has it all! Health club, indoor pool, sun deck, playroom, grocery store, cleaners, laundry, racquetball. Never a special assessment; low rental percentage; $8 million in reserves.
The proposed tower at 451 E. Grand Avenue couldclock in at 67 stories and 843 feet over-looking (sort of) Lake Shore Drive. The tower, by New York's Robert A. Stern & Associates for Related Midwest will feature a mix of apartments and condos with amenities like green roofs, is proposed for the Streeterville site by Related Midwest, their first tower of this size in the city. Read more here. Drawing courtesy Robert Stern & Assoc...
Aqua: South-facing, luxury living with a 24 x 6 balcony overlooking Millennium Park & Lake Michigan . Hardwood floors thru-out, granite counter tops, Kitchen-Aid stainless steel appliances, marble bath, washer/dryer in unit. 2 acre resort style sun deck; 2 outdoor pools, 1 indoor pool, hot tubs, cabanas, fitness center, basketball court, Pilates studio, private theater, and business center. Steps to parks, lake and river walk, & Village Market.
The retail development Block 37, in the heart of the Loop, will be receiving its long-awaited residential towers, Crain's Chicago Business is reporting today. The apartment tower, which will be the largest built in the Loop in decades, will clock in at nearly 700 apartments (694, actually) in 34 stories. It will sit on top of the retail development. Architects Solomon Cordwell Buenz (SCB) are behind the glass tower design...
3000 square foot Penthouse unit with protected south, east & north views! 3 en suite bedrooms with Lake Michigan views from the master bedroom. Private east facing terrace with expansive views. Large open living room offers a wood burning fireplace & wet bar. 24 hr Doorman, with rooftop deck & rear common yard with BBQ grills. Currently the best valued unit in building. Prime location right in the heart of the Gold Coast. Parking available for additional cost.
Newly-built homes have increased in price nearly a third since 2004, according to data from the U.S. Census Bureau. In the ten-year period, the median price of a new home rose from $212,700 to $277,200. That increase, of about 30 percent, beats out both the rate of inflation and wage growth...
The skyline is Streeterville has some change coming. Northwestern University has unveiled the latest renderings from its architects Perkins + Will for a new medical research tower on the site of the old Prentice Women's Hospital. Ald. Brendan Reilly's office sent an email to constituents alerting them to a public meeting Sept. 30 at 5 p.m. at the Hughes Auditorium of the Robert H. Lurie Medical Research Building, 303 E. Superior St...