Another new residential development may be coming to Uptown.
Developers SNS Realty Group have proposed a townhouse development for an area near Clark and Lawrence, just north of Chase Park. Designed by Axios Architects, it would include 24 residences accessed through an alleyway.
The development would also demolish two older buildings at 4740 N. Clark occupied by Community Counseling Centers of Chicago.
Read more at Curbed Chicago here .
The booming West Loop could soon see the construction of two twin condo buildings if neighbors decide in favor of supporting the project.
The buildings, designed by Booth Hanson and proposed for 1111 W. Washington Blvd. and 19 N. May St. would rise 9 stories and contain a combined total of 56 condos near the soon-to-be headquarters for McDonald's...
Renters may soon have a new option in Fulton Market, if a Texas-based developer's plan for a new 300-unit tower is approved.
Planned for the intersection of Fulton Market and Ogden, Developer Trammel Crow would construct an 18-story luxury building on a surface parking lot. The total cost of the project would be about $150 million.
Read more at Crain's here .
A parking lot near the Groupon headquarters could soon see a new mixed-use development.
Domus Group has hired architecture firm Brininstool + Lynch to build a four story development at 847-861 N. Larrabee St. that would feature ground floor retail together with 49 apartments.
Read more at Curbed Chicago here .
The west and southwest suburbs dominated the list of top-selling communities outside of Chicago in August of 2016...
Chicago-based Urban Real Estate (Urban) congratulates partner Matt Silver for being installed as the 133 rd president of the Chicago Association of REALTORS® (C.A.R.), the local board of the National Association of REALTORS®. Matt officially begins his term October 1, 2016...
The west and southwest suburbs dominated the list of top-selling communities outside of Chicago in August of 2016.
Leading the pack, as usual, were Naperville and Aurora, both with high year-over-year sales increases (Naperville saw a 24.02 percent increase while Plainfield saw a 31.08 percent increase).
Outisde of that area, Arlington Heights was number six with a 7.52 percent increase and Evanston came in seventh with a 13.33 percent increase...
New renderings have been released for a tower under construction in River North at the intersection of State and Huron.
The views give us a sneak peek of the completed building, which has been under construction for about five months and will ultimately rise to a height of 26 stories. Developed by CA Ventures and designed by Architect Valerio Dewalt Train Associates, it will have 102 rental appartments, 31 parking spaces and new retail on the ground floor...
Chicago's home price increases have trailed the nation in the last year, but according to the Case-Shiller Home Price Index, last month prices in the area increased at a level higher than almost every other market in the nation.
From June to July, prices in the metro area rose .9 percent, ahead of the average of .7 percent and only trailing Portland's 1.2 percent increase. Year-over-year, the area increased at 3.7 percent...
The latest numbers are in and three familiar neighborhoods once again lead the city in total number of sales.
In the month of August, the Near North Side saw a 3 percent year-over-year increase in sales to a total of 274. Following in second place was West Town, with a 7.23 percent increase in sales to 178, and Lincoln Park was in third, with a 4 percent decline to a total of 168.
In single family homes the Northwest Side reigned supreme...
Division Street in Wicker Park could soon be getting a new rental apartment tower.
RDM Development has filed an application with the city for a new, 16-story building at 1624 W. Division St. that would contain 130 apartments. Of those there would be 26 studios, 66 one-bedrooms and 38 two-bedrooms.
Read more on the project at DNAinfo here .
Four Chicago suburbs have made the cut as among the most exclusive markets in the country...
Four Chicago suburbs have made the cut as among the most exclusive markets in the country.
Based on listing prices, the report placed Winnetka at 56 in the nation with an average sales price of $840,355. Lake Forest was ranked 80th with an average sales price of $756,565. Almost right behind was Hinsdale, ranked 82nd with an average sales price of $755,417. Oak Brook ranked 93rd with an average sales price of $727,860.
Read more at Chicago Agent Magazine here .
New details have recently emerged about the trio of towers that will occupy the long-vacant (until recently) Wolf Point, at the confluence of the North and South Branches of the Chicago River.
The first tower is already complete on the site (Wolf Point West) and we now know that the east building will rise 64 stories and be comprised entirely of apartments, while the south building will rise 70 stories and be a mix of offices and residences...
While demand for homes has soared, construction has not kept pace and Chicago now has a huge deficit in new construction.
According to a new study from the National Association of REALTORS®, Chicago needs more than 95,000 new houses to be built in order to satisfy demand, making it the fifth worst in the country.
The problem is only worse in New York, San Francisco, Dallas and Miami.
Read more at Chicago Agent Magazine here .
A new 26-story building designed by Jeanne Gang is set to begin construction this fall in Hyde Park.
Known as Solstice on the Park, the rental apartment building will begin construction with fencing being erected Oct. 3. Construction is expected to take about two years with the first tenants moving in Spring of 2018. It will ultimately have 250 apartments.
Read more at Curbed Chicago here ...
Our website, UrbanRealEstate.com , our managing partner Matt Farrell and senior partner Michael Emery are all in the running for 2016 Agents' Choice Awards, presented by Chicago Agent Magazine.
To vote for us in the categories, respectively of Best Website, Industry VIP, and best-dressed, click here to submit your vote. In typical Chicago-style, vote frequent and often, as rules permit.
According to a new analysis, Chicago's suburb of Tower Lakes is the best place to buy a home.
The analysis, from Niche, weighed factors such as median home price, public schools, property tax as a percentage of the property and the percentage of owner-occupants.
South Barrington was second and Green Oaks was third.
For the full list and more, head over to Chicago Agent Magazine here .
A high-rise project in River North will be one of the first to take advantage of a new city density program and, though it's already under construction, there are plans to grow by an additional 15 feet and add 26 more units.
The apartment building, being constructed by Centrum Partners, located at the corner of Hubbard and Wells will add ...
Even as many people find home ownership less affordable, Chicago remains very competitive when viewed from the national level.
In order to buy a home at the national median price of $240,700, a worker needs to earn $52,700 a year, according to a report from HSN.com, a mortgage website.
While Chicago's median priced home is higher and would require a slightly higher salary ($62,455.94), it's far more affordable than cities like Portland, New York City, Washington , D.C. a
Chicago had a huge milestone yesterday as officials from the city joined developers CMK Companies and Lendlease to break ground on the South Loop project known as Riverline.
One of the largest projects to come to the city's core in recent years, it will eventually bring 3,600 new residences to eight buildings fronting the South Branch of the Chicago River between Bertrand Goldberg's River City and Roosevelt Road on the north.
Read more at Curbed Chicago here .
Chicago's West Loop has boomed during and since the beginning of the 2008 "Great Recession," transforming today into one of the trendiest neighborhoods in the city, according to a story from the Chicago Tribune.
Bordered roughly by Ashland, the Eisenhower Expressway, the Chicago River and Grand, the West Loop has seen more than 4,000 rental units added since 2008 with an additional 507 planned for next year, with more on the way...
