Corcoran Urban Real Estate
 

Monday Real Estate Round-Up

Monday Real Estate Round-Up The internet always seems to be reinventing the way we interact with everything from shopping to reading to watching television.

While it's not necessarily a huge innovation, news website DNAinfo has added a nifty feature to their site, where readers can review real estate sales in an interactive "heat" map.

To check it out, head over to DNAinfo here.

The foreclosure rate in Chicago continues to decline, according to the latest report from CoreLogic.

Illinois and Chicago inventories dropped .6 percent and .8 percent year-over-year respectively from the previous year. That roughly follows the national decline of 16.6 percent.

The drops, CoreLogic says, represent a much longer trend towards stability for the state and region and should continue through the new year.

For more, head over to Chicago Agent Magazine here.

A new 25-story rental building could join the surge of buildings being proposed for the red hot South Loop.

The project, for 1136 S. Wabash, would bring a total of 320 apartments, up from an originally proposed 280. It's also aiming at a different demographic than other recent proposals with rents below $2,000 per month.

The building would replace a city-owned surface parking lot.

For more on the proposal, head over to Curbed Chicago here.

East Lakeview could soon be seeing a new tower going up that would add almost 100 rental apartments to the neighborhood.

Developer Chioros Properties, Inc. has proposed a new 17-story residential tower for 450-454 W. Belmont Ave. Designed by Antunovich Associates, the building would be all residential with no retail space.

It would also feature a green roof and amenity space on the top floor. A community meeting is planned for next Thursday.

Read more at Curbed Chicago here.