Corcoran Urban Real Estate

Chicago Real Estate Blog

  • Just Sold at 340 on the Park!

    Just Sold at 340 on the Park!
    Just Sold, New Eastside
    Tuesday, May 5, 2015
    Split 2 bedroom with enclosed den in beautiful green certified building. Unit boasts large great room with terrace, bamboo hardwood floors, Snaidero kitchen cabinets, GE Monogram stainless steel appliances, quartz counter tops throughout, and spa-like bathrooms with natural stone. Beautiful fixtures: Toto, Duravit, & Dornbracht. Walk-in closets, W/D in unit.
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  • Monday Real Estate Round-up

    Monday Real Estate Round-up
    Monday, May 4, 2015
    New construction is way up in Chicago, an increase of 85 percent over one year ago , according to recent reports. Chicago vaulted ahead of Seattle and Los Angeles last month, with a total of $507 million in new construction. It was only $274 million in March of 2014. Chicago still trails four other cities, all in the south. Houston, Dallas, Atlanta and Miami in order. For more information, head over to Chicago Agent Magazine here ...
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  • A Full Housing Recovery By 2017?

    A Full Housing Recovery By 2017?
    Friday, May 1, 2015
    One of the factors that have been important in skewing the housing market over the last eight to nine years has been the persistent presence of distressed sales (short sales, bank-owned properties). Historically only 2 percent of sales in the housing market have been distressed but in February distressed sales accounted for 13.5 percent of all sales. That number, however, represents a .8 percent drop from January and a 9.7 percent drop from the previous year...
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  • *Just Sold* Why The West Loop Rocks!

    *Just Sold* Why The West Loop Rocks!
    Just Sold, West Loop
    Friday, May 1, 2015
    Spacious corner 2 bedroom/2 bathroom soft loft in popular West Loop location. Light filled living room with gas fireplace, floor-to-ceiling windows with custom window treatments. Balcony. Kitchen with island and separate dining space, granite counter tops, maple cabinets & stainless steel appliances. Large master suite has marble bath with dual vanity, walk-in shower & soaking tub. Tons of closet space throughout. Sundeck & exercise room...
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  • Chicago Home Prices Climb Steadily

    Chicago Home Prices Climb Steadily
    Thursday, April 30, 2015
    While Chicago home prices aren't in a runaway climb, economists think that the steady growth in prices for the city's housing market is a sign of a healthy marketplace. According to the latest Cast-Shiller Home Price Indices, home prices in Chicagoland were flat from January to February of this year, but rose year-over-year by a modest 3.4 percent...
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  • What Does $500K Get You In Chicagoland?

    What Does $500K Get You In Chicagoland?
    Wednesday, April 29, 2015
    The sweet spot in home pricing may be right around $500,000 and Chicago Magazine has a quick feature that illustrates some options for buyers in that price category. The feature shows off photos and highlights of each home. It profiles two listings in city neighborhoods (Lake View and Avondale) and two listings in the suburbs (Barrington and La Grange). For more, head over to Chicago Magazine here .
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  • Just Sold in the Near West Side!

    Just Sold in the Near West Side!
    Just Sold, Near West Side
    Tuesday, April 28, 2015
    Location! Location! Single family modern renovated home close to the expanding WEST LOOP area with fenced-in, landscaped yard & 2-car garage. Contemporary kitchen with granite counter tops & Stainless Steel appliances, island, hardwood floors thru out, carpeted bedrooms. Huge basement/great room with wet bar & wine cooler. Master bedroom on 2nd level & two additional bedrooms, closet organizers, skylights, and many extras...
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  • Monday Real Estate Round-up

    Monday Real Estate Round-up
    Monday, April 27, 2015
    Say goodbye to Ed Debevic's. The famously rude 1950s-themed restaurant located at 640 N. Wells St. will make way for a redevelopment from JDL that would include a residential tower. No other information has been released as yet and JDL has declined any comment but it will join two other large tower developments within blocks. For more, such as it is, head over to Crain's here ...
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  • Irving Park Getting 48 New Single Family Homes

    Irving Park Getting 48 New Single Family Homes
    Friday, April 24, 2015
    Ranquist, the developer behind townhouses and rowhouses like Logan Square's Flexhouse and Flexhouse 2 is bringing a development of 48 single family houses to the Northwest Side's Irving Park neighborhood. The project, Basecamp Irving Park, is a bit of a sequel to the developer's Basecamp River North project. Ranquist is working with Stocking Urban LLC and architects Pappageorge Haymes Partners on the new project. Their developments have often sold out before delivery...
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  • *Just Listed* Amazing High Floor Home in the Golden Sky

    *Just Listed* Amazing High Floor Home in the Golden Sky
    Gold Coast, Just Listed
    Friday, April 24, 2015
    Stunning Lake Michigan, Park & City Views From High Floor Of Lake Shore Drive Building In The Gold Coast. Beautifully Renovated w/Newer Cherry Floors, Crown Molding, Doors, Organized Closets. New Cherry/Granite Kitchen w/High End Stainless Steel Appliances. New Marble/Granite Baths. Spacious Room Sizes, All w/Gorgeous Views. Gracious Living In Amenity Building w/24hr Door Staff, Fitness Room, Sun Deck, Valet Parking...
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  • Chicago Is A Seller's Market

    Chicago Is A Seller's Market
    Wednesday, April 22, 2015
    Chicago is already in the midst of a seller's market and the spring doesn't necessarily look to be bringing much relief. Multiple media reports this week note that the city's inventory is down to about 38 percent of its peak in 2007 and dropped in volume since 2014 year over year. Sales prices are up as a result; the March average was 22 percent higher than the previous year. The suburbs are seeing similar price increases, around 19 percent...
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  • Monday Real Estate Round-up

    Monday Real Estate Round-up
    Monday, April 20, 2015
    Another real estate developer has piled into the West Loop. Crain's reported this week that Chicago architect Patrick FitzGerald has designed an apartment project for one of the neighborhood's hottest areas, adjacent to the new Morgan CTA stop. FitzGerald is planning the 81-unit building at Lake and Sangamon streets just to the west of his family's Lake Street Lofts, a vintage building they converted to condos about 15 years ago...
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  • Three Reasons for Optimism

    Three Reasons for Optimism
    Friday, April 17, 2015
    Chicago Agent Magazine is optimistic about housing this year and they've got three reason: • Pending home sales are at their highest level since June of 2013 and have risen four months in a row. Add to that an increase in mortgage applications and home sales could reach the highest level since 2007. • Mortgage rates are expected to stay low. While the Federal Reserve has discussed raising the interest rate, recent reports on employment have moderated the bank's stance. •
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  • New 'Postcard' Views of Chicago

    New 'Postcard' Views of Chicago
    Thursday, April 16, 2015
    A San Francisco writer recently visited Chicago and, on returning home, posted photos with captions extolling the city's architecture. John King, a writer at SFGate.com, praised the city's combination of old and new; glass skyscrapers coexisting with brick and masonry vintage buildings and all loved by the city. Chicago, King wrote, is "the one American city that takes pride in all types of buildings, the old and new and short and tall...
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  • Dreaming of Deerfield: Just Listed in the Burbs

    Dreaming of Deerfield: Just Listed in the Burbs
    Deerfield, Just Listed
    Wednesday, April 15, 2015
    An incredible custom home by Red Rock Custom Homes, LLC designed by Ilene Chase design, featuring 5 bedrooms and 4.5 bathrooms, 2 car garage. High ceilings on all three floors, tons of natural light, custom cabinetry throughout, large mud room with custom lockers, heated master bathroom floors, three zones of heating, surround sound wiring and much more!
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  • First Look At Wanda Vista

    First Look At Wanda Vista
    Tuesday, April 14, 2015
    Last night Alderman Brendan Reilly held a meeting at the Radisson Blu Aqua in the New East Side to unveil the neighborhood's next great building, the Wanda Vista Tower. The name and the plans for the building are still in flux but it will rise to 1,200 feet and 93 stories and include a mixture of hotel and 405 new condominiums in the popular neighborhood. It will also, when completed in a few years, be Chicago's third tallest building and change the skyline forever...
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  • Monday Real Estate Round-up

    Monday Real Estate Round-up
    Monday, April 13, 2015
    The most recent figures paint a familiar picture of the best-selling communities in and outside of Chicago for the month of February. In the city, the Near North Side topped the list with 130 sales, followed by Lincoln Park with 71 and West Town with 66. When you remove condos, the picture changes and the top-selling neighborhoods become Ashburn with 47, Garfield Park with 26 and Portage Park with 25...
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  • *Just LISTED!* A Sunday Surprise for the South Loop

    *Just LISTED!* A Sunday Surprise for the South Loop
    Just Listed, South Loop
    Sunday, April 12, 2015
    Unique neighborhood setting in the City! Dearborn Park building near parks, tennis courts, and dog parks. Remodeled 2 bed, 2 bath, hardwood floors throughout, granite kitchen, master bedroom with soaking tub and large closet, courtyard view unit, Washer/Dryer in unit. Swimming pool, storage space, & basic cable included. Walk to stores, transportation, Lake Michigan, & financial centers in minutes!! Parking in building.
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  • What Are Chicagoans Like?

    What Are Chicagoans Like?
    Friday, April 10, 2015
    For a quick diversion on a Friday - head over to Time Out Chicago, who has a fun list of what people who don't live in the Windy City think and what's actually true. Among our favorite misconceptions: we all have "Chicago" accents and we only eat deep dish pizza. Perhaps our favorite conception: everyone here is nice to one another. Check out the whole list at Time Out Chicago here .
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  • Wicker Park to Get New Development

    Wicker Park to Get New Development
    Thursday, April 9, 2015
    A stretch of North Avenue between Ashland and the Kennedy Expressway will soon see a new residential and retail development, according to published reports. Curbed Chicago released the news today that a permit has been issued for a project at 1545 W. North Ave. It will include 30 residential units, some retail space, parking and a green roof. This is in addition to the new Audi dealership that is being pursued by Fletcher Jones , which owns land at 1521 W. North Ave...
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