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.
This Beautiful and Bright, Totally Remodeled Open 1 Bedroom/1 Bathroom, Shows Like a Model. Can Be Bought Completely Furnished (not included in price). Awesome North and East Views of the City Skyline and Lake! The Building's Great Location Puts You Right in the Heart of River North! Highly Desirable 01 Tier - Rarely Available. Add The Amenities: Rooftop Pool, Fitness Room, etc... And All-inclusive Assessments w/Heat, Air, Gas, Cable.
The recent sale of the residential tower at 111 W. Wacker Drive set a record for the city and caught the attention of the Wall Street Journal. The tower, which was originally conceived as a 90-story hotel/residential condo building sputtered out during construction and sat idle until it was purchased by Related, who re-designed it as a 60-story residential rental tower and completed construction. It was purchased for $328...
Crain's Chicago is reporting that it's "back to the future" in the South Loop, with developers buying up vacant parcels and large residential towers once again rising. The land rush currently in progress reminds Crain's of the years before the recession when developers flocked to the area and couldn't build projects fast enough...
Spectacular views of Lake Michigan, city, Maggie Daley Park, Millennium Park, & Grant Park from this SW corner unit! 1,580 SQ FT of upgraded city living. Wood floors in living areas & kitchen with carpeted bedrooms. Custom cabinets in 2nd bedroom which could double as an office/den. Good size laundry room w/ side by side & additional storage in pantry. Full amenity building with Indoor Pool, Exercise Room, Doorman, Walk to Parks, Lake, Restaurants...
Chicago may be destined to benefit from the potential surge in home ownership by the Millennials, a generation that has largely been absent from closing tables, but industry experts are hoping 2015 is the year they surge to the front. Nationally, the number of first-time homebuyers has declined to 33 percent, it's lowest level since 1987. Meanwhile, the demographics and life choices of Millennials are starting to push them towards homeownership...
A developer working to boost Goose Island into a tech destination similar to the West Loop and Fulton Market recently made his case that the area will be the next big thing as creative and technical companies find the downtown spaces harder to land. But to make Goose Island a destination developer Sterling Bay (they are currently proposing two major office projects) says the island needs better access for all kinds of users, pedestrians, bicycles, cars and buses...
Chicago Real Estate website Curbed has unveiled a new map charting the course of the relatively new concept in development, the Transit-Oriented Development or "TOD." The term applies to a new type of residential development, typically limited to the areas in Chicago within a few hundred feet of a train station, a TOD lowers the overall number of parking spaces required for a development and increases its overall residential density as a result...
