May 2014

There are 5 blog entries for May 2014.

707 N. Wells Rentals - River North Real Estate

In a previous post, we introduced a new, high-end condo boutique building that’s slated for 100 W. Huron Street in River North. Also in the River North development pipeline is a fabulous new 11-story mixed-use development, which is also being built by Akara Partners. Unlike 100 W. Huron, this particular development will feature 51 new rental units, but also have over 4,000 square feet of commercial space, along with on-site parking.  

The rentals at the new 707 N. Wells project will begin on the fourth floor, with the 51 parking spaces and commercial portion of the building being housed within the structure’s two level podium. Plans for the 707 N. Wells rental project were first revealed last summer, and after a brief dispute over the initial design,

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Cabrini Green Apartment Tower Approved

More news on the apartment-front in downtown Chicago as plans for a brand new tower near the old Cabrini Green site were approved late last week. The developer of the project, Fifield Companies, hopes to begin construction on the new tower before next year, which will stand 29-stories high and house 310 rentals. The new Cabrini-Green apartment building at Chestnut and Orleans Street will also have 170 parking spaces, but will be situated just a couple blocks from the Chicago Brown Line CTA station for those relying on pubic transportation. In a recent article on Curbed, this specific location was directly chosen to attract the new influx of technology professionals working at Groupon, Lightbank, Motoroloa, and an array of new startups that are redefining

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Developers Units at Trump Tower Chicago

Although Trump Tower Chicago was just completed in 2009, sales for the stunning 96-story structure at 401 N. Wabash started all the way back in 2003. And after what will be 11 years this coming September, only six developer units remain at this now-iconic downtown Chicago tower.

A report from Crain’s Chicago Business today documented that no other active condo project in Chicago has been in the marketing phase for that long, but Trump Tower certainly overcame strong adversity in the early-going. Nobody could’ve expected how tough times would get in 2008, 2009, and even parts of 2010, but despite seeing the poorest market conditions many of us have seen in our lifetime, Trump Tower Chicago prevailed.     

Only half of the remaining 6 developer’s units

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Chicago Brews Cruise

In recent weeks, we’ve briefly touched on various upcoming events and happenings around the Chicago area in anticipation of the long awaited spring and summer seasons. From Chicago’s numerous Farmer’s Markets to a handful of Windy City beer festivals, there’s always a lot to look forward to when the weather finally breaks and warmer temperatures are on the horizon.

Many of Chicago’s summertime festivals and attractions have been entertaining local residents for years, or even decades in some cases, but as the city changes and evolves with time, new forms of entertainment are introduced that allow us to take full advantage of living in one of the greatest cities on earth.  

One such example of Chicago’s on-going entertainment evolution was just

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Four bedroom condos in Chicago are a bit of a rarity, especially when you’re searching some of the area’s best and most luxurious high-rises. Considering the square footage per floor is usually somewhat limited within Chicago’s high-rise structures, incorporating single units with four individual bedrooms can certainly be challenging from a design aspect, not to mention there’s only a finite number of buyers looking in the price range such units will command.  

If you are in a position to be searching for a posh 4 bedroom condo near downtown Chicago however, Lincoln Park 2550 may be a luxury building worth consideration. As of today, two 4-bedroom condos are listed at Lincoln Park 2550, and as one might expect from any high-end unit housed inside a

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