Urban Real Estate

2017

  • Urban's Matt Silver talks to Crain's about Chicago's Jump-Started January Sales

    Urban's Matt Silver talks to Crain's about Chicago's Jump-Started January Sales
    The new year came in with a bang, as housing market data indicates a strong January in Chicago-area home sales. Matt Silver, partner with Urban Real Estate and president of the Chicago Association of REALTORS, gave his insight to Crain's Chicago Business on just what this means for buyers and sellers in today's market. Check out the entire article here .
    Read more
  • Custom-Built 2-Story Brick Home Just Listed in Norwood Park

    Custom-Built 2-Story Brick Home Just Listed in Norwood Park
    Just Listed
    Wednesday, February 22, 2017
    THE BENCHMARK OF NORWOOD PARK offers a livelihood unmatched by most. This custom-built 2-story brick home provides 3 levels of well-designed open living space. Surrounded by rich Brazilian Cherry hardwood floors, natural light from all exposures, zoned heating & air, oversized rooms, elevated ceilings & centerpieced by a 1st floor bedroom & full bath...
    Read more
  • Chicago's Northwest Side Booming

    Chicago's Northwest Side Booming
    Industry News
    Wednesday, February 22, 2017
    It's been clear for the last couple of years that Chicago's Northwest Side, particularly along the Milwaukee Avenue Corridor, is booming. A new map surveys the construction and shows that the area from Grand Ave. north to Logan Square will see a total of 2,252 new apartments, 81 homes for sale, and 89 new hotel rooms...
    Read more
  • Chicago's Top-Selling Neighborhoods - January 2017

    Chicago's Top-Selling Neighborhoods - January 2017
    Industry News
    Tuesday, February 21, 2017
    The latest numbers are in and some familiar names once again top the list of best-selling Chicago neighborhoods. With 154 sales, the Near North Side was the clear leader, followed by Lincoln Park with 80 sales, which edged West Town's 79 sales. As usual, when adjusted for single family homes, the leaders are completely different. Ashburn lead the pack with 33 sales, followed by Austin with 28 and Norwood Park with 28. Read more at Chicago Agent Magazine here .
    Read more
  • Style and Comfort Just Listed in River North

    Style and Comfort Just Listed in River North
    Just Listed
    Tuesday, February 21, 2017
    Enjoy this exquisite 1 Bed / 1 Bath in style and comfort! Upgraded kitchen and bathroom. Spacious living room and dining room. Walk-in closet in bedroom. Great southern exposure overlooking the city skyline. Huge balcony! Like having an extra room for entertaining. Ontario Place amenities include a private park with outdoor pool, exercise facilities, business center, party room, 24/7 door staff. Pets are welcome! View more photos and property details here!
    Read more
  • Monday Real Estate Round-Up

    Monday Real Estate Round-Up
    Industry News
    Monday, February 20, 2017
    A condo proposal for River North has recently sought approval from the Chicago Plan Commission, the first step in the approval process before construction can begin. Planned for 360-66 W. Superior, developer Ascend Real Estate Group is seeking approval for a 34-unit condo building in 12 stories with 63 parking spaces. Designed by FitzGerald Associates Architects, it would replace a pair of low-rise retail buildings. Read more at Curbed Chicago here ...
    Read more
  • Forever Lake & Harbor Views Just Sold at The ParkShore

    Forever Lake & Harbor Views Just Sold at The ParkShore
    Just Sold
    Friday, February 17, 2017
    Enjoy spectacular sunrises and fabulous "Forever" views of Lake Michigan, Navy Pier, and DuSable Harbor from the floor-to-ceiling bay windows in every room of this beautiful 3 bedroom, 2 bath home with private balcony on the southeast corner of The Park Shore. Granite counters and b'fast bar in the open kitchen, Thermidor range, LG double-door fridge; Marble baths; Crown Molding throughout plus many other custom features, such as built-in wall units and organized closets...
    Read more
  • Chicago's Top Selling Suburbs: January 2017

    Chicago's Top Selling Suburbs: January 2017
    Industry News
    Friday, February 17, 2017
    The latest numbers are in and the top-selling suburb for the month of January 2017 is Naperville, with 131 sales. The perennial favorite in the Western Suburbs beat out its competitors of Aurora, placing second with 119, and Joliet, which beat out Plainfield for third place with a total of 111 sales. Check out the full list at Chicago Agent Magazine here .
    Read more
  • Just Listed For Rent at the Prestigious Harbor Point

    Just Listed For Rent at the Prestigious Harbor Point
    Just Listed
    Thursday, February 16, 2017
    Fantastic one bedroom in prestigious Harbor Point, featuring unobstructed views of Lake Michigan & Navy Pier, hardwood floors throughout. New kitchen with stainless steel appliances. Building has 24 hr doorman, indoor pool, gym, guest parking, sundeck with BBQ grills, grocery store, party rooms. View more photos and property details here!
    Read more
  • Buying Still Beats Renting in Chicago

    Buying Still Beats Renting in Chicago
    Industry News
    Thursday, February 16, 2017
    The latest numbers confirm it; buying is still better than renting in most areas of Chicago. In the most densely populated county, Cook County, it's better to buy - it takes just over 30 percent of the average wage to afford a house, but just over 31 percent to rent the average home. In Lake County, however, it's cheaper to rent than to buy - it takes about 34 percent of the average salary to buy but about 28 percent to rent. Read more at Chicago Agent Magazine here .
    Read more
  • Beautifully Remodeled & Upgraded at Outer Drive East

    Beautifully Remodeled & Upgraded at Outer Drive East
    Just Listed
    Wednesday, February 15, 2017
    Gorgeous remodeled one-bedroom unit with west facing balcony. No corner left untouched in this remodel with bamboo flooring, matching espresso cabinets in kitchen and bathroom, blizzard white quartz counters and stainless steel appliances. Kitchen boasts full tile backsplash and separate wine fridge. Bathroom has porcelain tile and floor to ceiling tile in the shower...
    Read more
  • Chicago's Rent Affordability Ranks Competitively

    Chicago's Rent Affordability Ranks Competitively
    Industry News
    Wednesday, February 15, 2017
    Two new reports show that Chicago's rental affordability is somewhere in the middle of the pack both nationally and globally. Nationally, Chicago is 8 th in overall rental affordability - rental costs average $2.49 a square foot, with the median individual apartment for a single month renting right around $1,200...
    Read more
  • Single Buyers Are 1/3 of Chicago Market

    Single Buyers Are 1/3 of Chicago Market
    Industry News
    Tuesday, February 14, 2017
    The latest numbers show that fully one third of Chicago-metro area home buyers in 2015 were single, a large surge that has been growing over the last ten years. The 2015 figure, which shows single buyers aged 25 to 34 made up 33.8 percent of buyers in the Chicago area, is a 9.2 increase from 2005. Part of the reason the number is so high in Chicago is that the city is among the most affordable places in the nation to buy and it runs counter to the national trend...
    Read more
  • Monday Real Estate Round-Up

    Monday Real Estate Round-Up
    Industry News
    Monday, February 13, 2017
    A Hyde Park high rise in the works for nearly a decade is officially cleared to reach a height of 26 stories. Designed by Chicago Architect Jeanne Gang, Solstice on the Park has been under construction for its foundation and the first four floors of the rental tower at 1616 E. 56th St. The total cost of the project is ultimately expected to cost more than $85 million...
    Read more
  • Gold Coast Corner Will Get New Rentals

    Gold Coast Corner Will Get New Rentals
    Industry News
    Friday, February 10, 2017
    New high-end row houses will soon be coming to an empty lot at the corner of Clark and Chestnut, moving forward after a year's apparent delay. A building permit has just been issued for seven historically-inspired stone row houses from Col. Jennifer Pritzker's Tawani Enterprises. They're designed by Chicago firm Booth Hansen and will likely be marketed as rentals. Read more at Curbed Chicago here .
    Read more
  • Beautifully Upgraded Unit Just Listed For Rent at Harbor Point

    Beautifully Upgraded Unit Just Listed For Rent at Harbor Point
    Just Listed
    Thursday, February 09, 2017
    Beautifully upgraded 2 Bed / 2 Bath just listed for rent at Harbor Point - gem of the New Eastside! Views of both Maggie Daley Park and Millennium Park. Second bedroom is open to living room with sliding doors. Kitchen is opened to living and dining rooms with loads of cabinet space. Granite counters and high-end appliances. Two full baths have been beautifully renovated...
    Read more
  • Thousands of New Apartments Coming to Chicago

    Thousands of New Apartments Coming to Chicago
    Industry News
    Wednesday, February 08, 2017
    A construction boom that Chicago has been riding for the last several years will reach a new milestone this year: more than 6,000 new apartments are expected to be brought to market in 33 new buildings. That number would be equal to the total number of new apartments constructed in the last two years combined and are probably attributable to hot areas like the West Loop, the Milwaukee Avenue corridor and, of course, the Loop and South Loop...
    Read more
  • Riverline's First Tower Taking Shape

    Riverline's First Tower Taking Shape
    Industry News
    Tuesday, February 07, 2017
    The large and ambitious Riverline project, planned for a large parcel on the Chicago River's south branch, is starting to take shape. The largest buildings of its first phase received construction permits today. The "Ancora" will eventually rise 28 stories and include 452 new apartments, an amenity deck and 230-car garage. The first phase of the project will also include a second tower, the 18-story "Current", nine townhouses, and 3...
    Read more
  • Monday Real Estate Round-Up

    Monday Real Estate Round-Up
    Industry News
    Monday, February 06, 2017
    The Vista Tower is moving right along and will one day change the face of Chicago, and especially the New Eastside. Last weekend, workers on the site poured the concrete mat that will one day form the lowest point in the supertall skyscraper. Read more here at Curbed Chicago . Plans for a large West Loop apartment development have broken cover and it could bring hundreds of new residents to the booming neighborhood...
    Read more
  • New Look for West Loop Apartments

    New Look for West Loop Apartments
    Industry News
    Friday, February 03, 2017
    Plans for a large West Loop apartment development have broken cover and it could bring hundreds of new residents to the booming neighborhood. The plan, proposed by the John Buck Company Lendlease, and from GREC Architects, would bring 586 new residences, 14 of which would be townhouses, and 10,000 square feet of retail space to the former site of the H20 Plus Company building at 845 W. Madison...
    Read more