Corcoran Urban Real Estate
 

Monday Real Estate Round-Up

Monday Real Estate Round-Up Some new contemporary-styled condos may soon be coming to Lake View courtesy of Contemporary Concepts, Inc.

The developers pushing the new project plan to demolish a single family home and replace it with a 20-unit four story apartment building at 1045-47 W. Cornelia. The neighborhood group supports the plan.

"We as a board thought that encouraging new housing and development is a good priority, especially bringing added vitality to the Clark Street corridor," Hawthorne Neighbors Board President Adam Rosa told DNAinfo.

For the full story, head over to DNAinfo here.

A building that has stood empty and boarded up in one of the city's most dynamic retail districts looks to be heading towards a future for Millennials.

The turn-of-the-century building at 1422-26 N. Milwaukee in Wicker Park has been board up since the 1970s but the new plan from Cedar Street Co. is to convert the building into 20 units.

If all goes well, the project could open as early as next spring.

For more, head over to DNAinfo here.

There were two big dollar sales in the city in the last week besides the mind-blowing billion-dollar-plus sale of the former Sears Tower.

Chicago's former Esquire Theater, located in the fashionable Gold Coast, sold for $176 million to a Spanish investor behind the fashion retailer Zara.

Read about that here.

And heading back downtown, investors paid $55 million for a mere 40 percent stake in an office tower in River North at 515 N. State.

So it isn't just residential retail that's heating up in the city.

For that story head here.