February 2018

There’s some great news if you’re searching for a place to call home on Chicago’s West Side. You can definitely still find a good deal, as long as you know where to look.

Logan Square

Certain neighborhoods such as Logan Square are attractive for a variety of reasons, including the deals you’ll find in terms of real estate. The trendy and diverse neighborhood offers a number of apartments and condos for prospective new residents to choose from.

Noble Square

In comparison, Noble Square is another great neighborhood to check out on the West Side. With several affordable housing options, the mostly residential area also includes nearby shops, restaurants and nightlife.

East Village 

Close to some of the area’s most vibrant destinations, East

Chicago’s highest-profile project is reportedly up for sale according to multiple news outlets. As first reported by Bloomberg News, prominent Chinese developer Dalian Wanda Group is seeking buyers to assume its 60% ownership stake in the mesmerizing new Vista Tower near the city’s lakefront, along with the $900 million Vista hotel and condo development in Beverley Hills, California.

According to the reports, the sell-off seems to be directly tied to Chinese regulators cracking down on risky offshore spending rather than current market conditions or the long term outlook for what will undoubtedly be one of Downtown Chicago’s premier residential high-rises.

It’s estimated that Wanda’s investment between the California project and Vista Tower here in

It’s a mixed bag for luxury condo prices in Chicago right now. While some buildings are selling for a higher price per square foot, others are down in price.

Perhaps one of the biggest names right now is Trump, and reports suggest the condos at Trump International Hotel & Tower are among those down in price. According to some published reports, the sale price per square foot within the Chicago River tower was down about 12-percent from 2016 to 2017. In comparison, reports list the average sale price per square foot in 340 On the Park, located in Lakeshore East, up about 12-percent during the same time period.

While some brokers suggest it could be a reflection of the Trump presidency, others suggest increasing completion from newer construction, luxury

In what’s been dubbed the most expensive home sale ever for the Chicago area, a local billionaire just paid $58 million for the top four levels of a new condo building on the city’s Near North side. Located at 9 W Walton Street, the building’s perhaps better known as No 9 Walton.

The $58 million sale price includes more than $21 million for the 38th floor penthouse. In addition, it’s nearly $13 million for the building’s entire 37th floor, another $12 million for the 36th floor and about $12.5 million for the 35th floor.

Until now, the previous highest price paid for a Chicago-area home stood at $19.5 million for a spacious mansion on Lake Michigan. While that home included more than 15,000 square feet of living space, it’s estimated this latest sale

The area around Downtown Chicago is certainly booming, and three new construction condo developments only add to the appeal.

366 W. Superior

Located at 366 W Superior, the building, known as Superior House, will soon deliver a new round of luxury units to River North. Set to open in summer of 2019, the 12-story building will eventually include around three-dozen residences, garage parking, plus a dog run, rooftop terrace and a fitness center.

56 W. Huron

Meanwhile, 56 W Huron presents ultra luxurious units, also in River North. The boutique-style building enjoys less than a dozen full-floor units as well as a sprawling duplex penthouse. Expect to find private elevator entrances, large terraces and chef’s inspired kitchens.

360 W. Erie