One of Chicago's biggest buildings in one of Chicago's best locations is coming up for sale and the new owners could possibly include residences to fill out the vacant office space. The Aon Center, the third-tallest building in Chicago located adjacent to the hot area known as the New East Side, will soon be going up for sale according to its owner, Piedmont Office Realty Trust. It's a total of 2.7 million square feet and looks over Millenium Park...
If you're going to be looking for an apartment in downtown Chicago over the next two years you're in luck - they're building a lot. The Chicago Tribune recently published an article examining a building boom in progress and took a count of all the new construction rental apartments that will be coming online in the next two years. It's a big number - 8,000. The building boom is also extending beyond the Loop, to the West Loop, South Loop, River North and Streeterville...
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...
One of the notes of constant complaint from potential homebuyers in the Chicago area over the last few years has been a dearth of listings but that appears poised to change. The number of newly listed homes rose 12 percent last month over January 2014, to a total of 19,170 new listings for sale. That's the most homes to hit the market in four years. "It's a good sign," MRED Spokesman Jeff Lasky told Crain's...
Do looser mortgage terms signal a banner year for real estate in 2015 and beyond? Over the last two months, Fannie Mae and Freddie Mac have made changes to their loan guidelines aimed at loosening the mortgage market by lowering the down payment requirements to 3 percent. On Jan. 26 the Federal Housing Administration paired that move with a reduction to the mortgage insurance premiums tied to FHA-based loans...
Another new tower is coming to the South Loop , bringing yet more residential units amid the glass and steel at 1333 S. Wabash. News today on Curbed Chicago that a new permit has been issued for a 28-story tower by Brininstool + Lynch that will include 307 condominium units and 213 parking spaces. It's estimated cost will be $53 million. Brought to the neighborhood by CMK it will be their second in a row, after the condo building next door at 1345 S. Wabash...
Magnificent south views of Maggie Daley Park, Millennium Park, and Monroe Harbor from this HUGE balcony! Largest one bedroom floor plan with solid oak wood floors. Newer kitchen and enlarged bathroom, and lots of closets! Price includes all furnishings. Building has a superb health club with indoor pool, renovated lobby and hallways. Skate the new skating ribbon at Maggie Daley Park, walk to the Art Museum, shop at Mariano's, enjoy the HOT New Eastside neighborhood!
Headlines proclaimed last month that Andersonville was going to be the hottest neighborhood in Chicago in 2015 - but how did Redfin - the website that made the prediction - make that determination? Several real estate websites, realtor.com, redfin.com and zillow...
High floor two bedroom, two bath corner unit with unique accents. East facing balcony with a view of Lake Michigan & Dusable Harbor. Remodeled kitchen with eco-friendly counters, Stainless Steel appliances, tile backsplash. Marble tile entryway. Remodeled master bath and guest bath. Large closet space...
If you're planning on putting your home on the market soon you might not want to do any major remodeling. Remodeling Magazine recently compiled its annual report on costs versus value with the help of professional real estate brokers and, compared with a year ago, 17 projects nationally increased perceived value while 18 others resulted in a net loss. If you factor in the cost of the labor then only five were cost-effective...
So you've decided to buy a home - perhaps even your first home. What's the first step? What's the second step? The Chicago Tribune's Mary Ellen Podmolik recently wrote a feature out-lining the important steps to take in the beginning that will spare buyers headaches as a closing approaches. Searches should definitely start online but before going out to see your first properties you should be certain to have the right financial professionals lined up...
The Chicago Association of Realtors recently released the top selling neighborhoods and suburbs for December 2014 and there are some familiar names topping the list. For city neighborhoods, leading were the Near North Side with 184 sales, West Town with 113 sales and Lincoln Park with 109 sales. In the suburbs, leading were Aurora with 158 sales, Joliet with 151 sales and Naperville with 145 sales...
The top-selling neighborhoods in Chicago for December 2014 finished the year strong, having clung to the top spots for the last several months. Topping the list was the Near North Side, with 184 sales, West Town with 113 sales and Lincoln Park with 109 sales. Those figures are certainly part of a trend - the neighborhoods in question have a more diverse inventory than some, and year-over-year, Chicago's inventory has been dropping - we're now down 21 percent over 2013...
Rarely available, designer 1 bedroom, 1.5 baths. Jacuzzi tub and separate shower in master, open kitchen with breakfast bar. Stunning high floor views of Navy Pier and Streeterville to the north. In-unit washer/dryer. Building has health club, racquetball courts, indoor pool, large patio with barbecue grills, grocery store, wi-fi lounges, children's playroom, and bike room. Never a special assessment, no increase in HOA since 2009, no rental cap!
Word came out today of two big downtown real estate stories - one building is sold, another for sale. And while the Civic Opera Building isn't a residential building, the art deco masterpiece has been a cultural icon for generations. It's recently added eight new technology office tenants, seen Studio Gang design new offices for the NRDC and the owners have made about $8 million in upgrades including a new rooftop deck...
Here's another big real estate scoop for the West Loop/Fulton Market area - two developers are planning to bring a new apartment, office and retail project to the corner of Aberdeen and Lake. Curbed Chicago first reported on it today. The 11-story development would be designed by Hartshorne Plunkard Architecture and would include 75 apartments, 140 parking spaces, 40,000 square feet of office space and 15,000 square feet of retail...
The Bloomingdale Trail, a rails-to-trails park plan (also known as the 606) that would create an elevated bike path linking Wicker Park, Bucktown, Logan Square and Humboldt Park continues to attract the attention of real estate buyers and investors, including a new plan to build 100 rental apartments in Wicker Park immediately adjacent to the trail. Developer Centrum Partners has proposed a mixed-use building for 1759 N...
Contemporary style one bedroom w/12ft balcony facing west offering great views of park settings, pool & cityscape from high floor . New open plan kitchen w/large island, Stainless Steel appliances, granite counters. Hardwood floors and neutral decor. New bathroom, walk-in shower w/multi jets. Full service building w/new amenities in New Eastside location, close to Michigan Ave shopping, restaurants, entertainment. FHA approved building.
High-floor unit in prestigious Park Millennium condominium . Floor-to-ceiling windows w/spectacular views of Lake Michigan & the Chicago River, Wrigley Building, John Hancock & magnificent North skyline. Steps to Magnificent Mile, Millennium Park, Maggie Daley Park, Grant Park, downtown nightlife, restaurants, shops. Ten minutes to Navy Pier. Granite counters, washer/dryer.
