The real estate development boom isn't limited to hot downtown markets, the neighborhoods are definitely getting in on the act. A new map out from Chicago real estate and development website Curbed shows that Milwaukee Avenue is currently the site of more 1,000 new units of rental apartments and condominiums from Wicker Park through Bucktown and into Logan Square...
Exclusive corner unit (S/E exposure) with fabulous views thru floor-to-ceiling windows. Kitchen boasts Stainless Steel appliances and granite counter tops. Hardwood floors throughout. In unit washer/dryer. Spacious balcony overlooking southern harbor and park views. Right by kids park, steps to Village Market, Grant Park/Millennium Park, Michigan Ave.... Deeded parking available for $45k.
Renderings were released last week of the newest addition to the New East Side skyline. Developer Magellan will be building the tower, pictured above, designed by Chicago's bKL Architecture, also behind 200 N. Michigan Ave. and Wolf Point West. The tower will be located on a narrow strip of land between Aqua and the Blue Cross Blue Shield Building on North Columbus, between Lake and Randolph. It will include both hotel and residential components in its 642 feet...
Apartment construction in the South Loop has come back with a roar in the last year. During the economic downturn many planned developments in the area stalled but a check of recently completed and planned construction shows that life is back in the area. Today more than 600 new apartments have come online in the area including the Vesta Lofts, Aviation Lofts, AMLI Lofts...
A developer is planning a new mixed-use development on a vacant stretch of Milwaukee Avenue in Wicker Park. The current plan, a second version, adds 7,400 square feet of retail space to the hot neighborhood and 36 new apartments. LG Development is behind the proposed building which is designed by Antunovich Associates...
Shows like a model with custom accents. Fresh Paint. 10' Tray ceilings, Granite Island, White appliances, 42" Oak cabinets. Open Living Room w/Gas Fireplace and built in bookcase. Balcony. Hardwood Floors in Living area. In-unit Washer/Dryer. Lofted bedrooms, 24/7 Security, Business Center, Fitness Room, Roof Deck. Located in Theatre District, walk to Restaurants, Shopping, & Transportation. Garage parking available for $30K.
Chicago’s ultra-luxury market is hot and sales are soaring . While overall sales in Chicago were down 9.3 percent in the third quarter, sales of homes priced at $3 million or more have soared; usually there are between six and 16 sales in that price range in a given year but in the last quarter there were 26. Those sales included both houses and condos. The most expensive condo sold was at the Palmolive building, for $5...
100% south views from combined 3 unit property. See Grant Park and Millennium Park + Lake Michigan from unobstructed view. 2600 sq ft + 300 sq ft on 3 balconies. Large living room/library/study. Combo dining room w/oak wood floors. Designer open kitchen, granite, Stainless Steel appliances, breakfast bar & built-in pantry/comp nook. Oversized 9x12 closet/storage. Master bedroom w/oak wood floors & walk-in closet. 3 bathrooms recently remodeled...
The long-stalled Chicago Spire project continues to inch out of its problems. Various media outlets reported yesterday that Irish Developer Garrett Kelleher and his partner Atlas Holdings had secured a new investor from New York that would help fund payments needed for the project to emerge from bankruptcy and the bankruptcy judge has approved the plan. The residential project, if constructed, would be the largest in North America...
Chicago Rents On The Rise The Chicago Tribune reports that Chicago-area rents are on the rise and that the continuing boom in apartment construction hasn't hurt occupancy rates. The average monthly rent for an apartment in Chicago is $1,100 for the third quarter, which represents an increase of about 1 percent. Vacancy rates were at about 3.5 percent...
Yesterday we wrote about a report from Zillow that profiled Chicago's top neighborhoods for sellers. Four of those were no surprise, as they're currently among the city's trendiest. Today, Chicago Agent Magazine reports about the city's top selling neighborhoods from the month of August; the distinction, of course, is where the most sales are happening and not necessarily those neighborhoods where seller's have a greater advantage...
The city of Chicago and Chicago Transit Authority are continuing to invest in their transit infrastructure and three downtown projects are poised to make the city even more friendly to commuters. The three projects total an investment of approximately $150 million. First up, the new Washington/Wabash CTA station, which will consolidate two stations into a single stop, both improving the station and shaving time from a trip through the Loop...
NE Corner 3 Bed/2 Bath unit includes 1 Garage Space! Endless views of Park, Soldier Field & Lakefront. Light-filled, former model unit-highly upgraded w/large open kitchen, hardwood floors. Large master suite w/large bathroom with Spa shower. Custom blinds & closet organizers thru-out. In-unit Washer/Dryer. Private balcony. Indoor pool, fitness room, Skyclub Lounge. Pets allowed. 24-hr Doorman. Close to public transportation. 2nd parking space available @ $35K!
WOW!! Upgraded 1BR on Southwest Corner with 150 sq.ft. Balcony. Sparkling views from floor-to-ceiling windows, makes a great in-town or full-time home! Construction is Complete! Unit features: Open, remodeled kitchen, Stainless Steel appliances and Granite counter tops, 42" Cabinets, Hardwood Floors throughout, Ceramic and Granite. Furniture Included. Parking Space Included. Superb LOCATION! Move-In Condition!
In real estate, we know, it's never too early to start thinking about the next open house. That being said, there's nothing in the city that rivals the immense annual event Open House Chicago. Held each year by the Chicago Architecture Foundation, this year, on October 18 and 19, attendees will be able to peak inside 150 places across the city...
While some segments of the housing market continue to struggle clawing back value lost post-2007, the condominium market in downtown Chicago has climbed back to its 2008 level, off their peak value by only 2.1 percent. Crain's Chicago Business recently reported that a survey of 65 large downtown buildings found that resales prices were very close to their 2008 peak, within 4.3 percent and that those in the Loop, specifically, were off just 2/1 percent...
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.
