Corcoran Urban Real Estate

Chicago Real Estate Blog

  • Just Listed! Golden Views in the Gold Coast

    Just Listed! Golden Views in the Gold Coast
    Gold Coast, Just Listed
    Wednesday, June 17, 2015
    Enter this high floor, North East corner 1 Bed / 1 Bath condo and be WOWED by the fantastic views of Lake Michigan! Most desirable tier. Floor-to-ceiling windows. Forever views overlooking Gold Coast mansions. Recently upgraded open kitchen & remodeled bath. 7' x 7' walk-in closet in bedroom. On the quiet side of the building, but just steps to Lake Shore Drive, beaches, fine dining & shopping! 2 blocks to CTA Red Line & grocery...
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  • Not All Upgrades Are Equal

    Not All Upgrades Are Equal
    Tuesday, June 16, 2015
    When you're looking at upgrades to your home, they're not all created equally. In fact, if you're looking to recoup your investment when the time comes to sell, there are some upgrades you should avoid completely and some ideas from which you should steer clear. First, avoid pools. Swimming pools in general are often viewed by prospective buyers often as more of a burden then a benefit...
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  • Monday Real Estate Round-Up

    Monday Real Estate Round-Up
    Monday, June 15, 2015
    Another day, another residential skyscraper is proposed for Chicago. This time, Jupiter Realty and Pappageorge Haymes have partnered on a proposal for a 500-foot tall tower at 465 North Park in Streeterville. The tower would feature 444 apartments, 181 parking spaces and just under 12,000 square feet of retail. They're hoping to start construction in January 2016...
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  • New to the New Eastside: Aqua Abides!

    New to the New Eastside: Aqua Abides!
    Just Listed, New Eastside
    Saturday, June 13, 2015
    Contemporary 1 Bed / 1.5 Bath Plus Den Unit At Aqua Condominium. Hardwood Floors Throughout, Stainless Steel Appliances, Dishwasher, Garbage Disposal, Washer & Dryer. Balcony With Views Of Navy Pier, Lake Michigan & City Skyline. Floor-To-Ceiling Windows. Includes Heat-A/C, Gas, Water, Cable, High-Speed Internet & The Use Of All The Amenities. Extra Wide Premium Parking Available For Purchase.
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  • Chicago Has Fewer 'Zombies'

    Chicago Has Fewer 'Zombies'
    Industry News
    Friday, June 12, 2015
    New data from RealtyTrac shows that Chicago's "zombie foreclosures" are down substantially in the second quarter on 2015. The total number of "zombies", that is, houses that are vacant but where foreclosure proceedings are not yet completed, fell 28 percent. The total number of such properties in the metro area is now 7,168. Chicago was joined by Atlanta, Dallas, Miami and Phoenix in the decline. For more, head over to Crain's here .
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  • New Tower Proposed for Streeterville

    New Tower Proposed for Streeterville
    In The News
    Thursday, June 11, 2015
    Another day, another residential skyscraper is proposed for Chicago. This time, Jupiter Realty and Pappageorge Haymes have partnered on a proposal for a 500-foot tall tower at 465 North Park in Streeterville. The tower would feature 444 apartments, 181 parking spaces and just under 12,000 square feet of retail. They're hoping to start construction in January 2016...
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  • *Just Listed!* Vintage Charm & Grace in the Gold Coast

    *Just Listed!* Vintage Charm & Grace in the Gold Coast
    Gold Coast, Just Listed
    Thursday, June 11, 2015
    Vintage charm and grace in this extraordinary 2,000 sq ft corner unit overlooking Lake Michigan & Oak Street Beach. This 3 bed (1 converted), 3 bath unit has deep crown moldings, mint condition hardwood floors, fire place. English style kitchen with butler's pantry. Large master suite. Library which includes Murphy bed & ensuite bathroom. 3rd bed converted into office w/ built-in shelves and desk. Garage parking near.
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  • The Return of the First-Time Homebuyer

    The Return of the First-Time Homebuyer
    Wednesday, June 10, 2015
    It may sound counter-intuitive but in some good news for real estate, the percentage of down payments has dropped. Good news because it could signal the return of the first-time homebuyer. According to a new report from RealtyTrac, down payments for single family homes, condos and townhouses was down to 14.8 percent in the first quarter of 2015, the lowest number since 2012 and down from 15.5 percent last year. FHA loans were down to 2...
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  • Chicago Home Prices Continue To Climb

    Chicago Home Prices Continue To Climb
    Tuesday, June 9, 2015
    More good news from CoreLogic - the April housing market report showed continuing price increases for Chicago. Including distressed sales, home prices in Chicago rose 4.5 percent year over year and excluding distressed sales the increase was even more dramatic, 6.6 percent. For the full report, head over to Chicago Agent Magazine here .
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  • A Lovely New Listing for the New Eastside

    A Lovely New Listing for the New Eastside
    Just Listed, New Eastside
    Tuesday, June 9, 2015
    This home at The Chandler has deluxe finishes & features for comfort & easy living! Sunny south side of the building with balcony, east view of DuSable Harbor AND west view of the New Eastside park! Kitchen has granite counter tops, Snaidero custom cabinets, & Stainless Steel appliances. In-home washer/dryer. Amenities include rooftop indoor swimming pool, 2 outdoor decks, fitness center, media room, & party room. Deeded parking additional $35k.
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  • Monday Real Estate Round-up

    Monday Real Estate Round-up
    In The News
    Monday, June 8, 2015
    Chicago's next great public space officially opened over the weekend. The 606, a connected series of parks with the overhead rails-to-trails project known as the Bloomingdale Trail, will connect diverse neighborhoods from Logan Square and Humboldt Park to Wicker Park and Bucktown. Running along an abandoned railroad bed along Bloomingdale Avenue, the trail has caused new interest in housing and in real estate development along its entire length...
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  • Renting in Chicago

    Renting in Chicago
    Thursday, June 4, 2015
    The relationship between landlords and tenants is a complicated one and in Chicago the Residential Landlord Tenant Ordinance governs those relationships. Curbed Chicago has a great post out today that breaks down the misconceptions about renters' rights and their obligations (and for landlords). They cover security deposits, move-in fees, rules governing the payment of rent and more. The full post is here.
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  • Just Listed! This Is How You Get Your Harbor On

    Just Listed!  This Is How You Get Your Harbor On
    Just Listed, New Eastside
    Thursday, June 4, 2015
    Panoramic and unobstructed S.E. views of Lake Michigan, Columbia Yacht Club, Monroe Harbor and Parks. Split 2 bedroom, 2 bath, updated kitchen, new carpet in both bedrooms, neutral colors, built-in closet systems & washer/dryer in unit. Harbor Point has won awards for outstanding landscaping. Building has indoor pool, health club, grocery store, playroom, WiFi lounges, cleaners, patio with grills, & guest parking.
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  • New Skyscraper Breaks Ground

    New Skyscraper Breaks Ground
    Tuesday, June 2, 2015
    It's a big month for construction in Chicago with two new skyscrapers breaking ground. The first to break ground is 833 N. Clark. Set for the northeast corner of Clark and Chicago, the tower will rise 380-feet and include luxury apartments and retail. At the corner the landmark former Cosmopolitan State Bank will be restored and retained. The building's 34 floors will include 392 residences...
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  • Monday Real Estate Round-Up

    Monday Real Estate Round-Up
    Monday, June 1, 2015
    Renderings have leaked online for the new project planned by Sterling Bay for the former Harpo Studios complex. The property, occupying an entire city block in the West Loop, was purchased by the developer last year for $32 million and while they haven't formally announced their plan it looks like an entirely new development will be coming to the hot neighborhood. Check out more renderings and information at Curbed Chicago here ...
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  • Pending Home Sales Soar In April

    Pending Home Sales Soar In April
    Friday, May 29, 2015
    A new report from the Pending Home Sales Index shows that the rate of contract signings has hit a nine-year high in April 2015. The report finds that signings were up 3.4 percent from March and 14 percent from the previous year. It also marks the fourth-straight month of increases. The Midwest was one of two regions with the largest increase, seeing an uptick of 5 percent...
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  • Rents on the Rise

    Rents on the Rise
    Thursday, May 28, 2015
    Rents have been on a steady increase since 2008, according to a report out from the U.S. Census Bureau. The Census Bureau analyzed data from 2006 to 2013 in the country's 11 most populous metro area: Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Miami, New York, Philadelphia, San Francisco and Washington, D.C. In Chicago, the rental population grew a total of 12 percent over that time period and rents rose together while vacancy declined...
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  • Midwest Home Sales Beat Nation

    Midwest Home Sales Beat Nation
    Tuesday, May 26, 2015
    The National Association of Realtors is out with new data showing that the housing market had a hiccup in April except the area they termed a "beacon of light": the Midwest. Existing homes sales in the Midwest increased 1.7 percent from March to an annual rate of 1.22 million sales, 13 points higher than April 2014. The median was also up, to $173,000, 11.4 percent higher than the previous year...
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  • *JUST SOLD* Wicker Park Pays Dividends

    *JUST SOLD* Wicker Park Pays Dividends
    Just Sold, Wicker Park
    Tuesday, May 26, 2015
    Very large 1,450 sq ft 2 bed/2 bath well maintained 1st floor walk-up on quiet street in Bucktown/Wicker Park! South facing sun drenched condominium with bonus sun room. Master bath includes heated floors, separate bath & shower, dual sink. Kitchen includes granite counter tops, Stainless Steel GE Profile appliances w/dishwasher, Brazilian cherry hardwood floors. 1 parking space included & washer/dryer...
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  • Chicago Top-Selling Suburbs

    Chicago Top-Selling Suburbs
    Friday, May 22, 2015
    On the heels of the news of the city's top-selling neighborhoods, going into the long weekend we thought it might be worth checking out which suburbs ranked in the top. Sales in the suburban markets in April were up 12.8 percent year over year but some communities stood out. The towns in the top three for most sales and most single family home sales were identical, in order: Aurora, Naperville and Elgin. For a complete breakdown, head to Chicago Agent Magazine here .
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