Chicago Real Estate News & Neighborhood Notes

Get in the Holiday Spirit at These Upcoming November Events & Festivities Happening Around Downtown Chicago

It’s hard to believe November is half over and Thanksgiving is just a couple weeks away, but here we are. It’s also hard to believe that this year’s November’s weather feels more like January than late fall, but that’s another gripe for another time.

Like most months on the calendar, plenty of events and festivities are happening around Chicago in November, and more so in the second half of the month. So if you’re willing to brave the cold temperatures and hope to get out and enjoy what’s left of the “fall” season, here’s a closer look at several fun things agents in our office are excited about most in the coming weeks ahead.

November 15 - December 24 - The Christkindlmarket

The Christkindlmarket is back starting TODAY! A favorite holiday tradition…

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Logan Square’s Top Loft Buildings First Time Home Buyer Should Consider

Are you a first time buyer looking for a one-of-kind Loft Building? Logan Square is packed with options that you'll want to take a detailed look at. Read below for a summary of 3 of the best options out there right now.

Positioned at 2911 N. Western is a modern loft building with riverfront views and private access to the Riverwalk. This boutique loft conversion is located directly in the bustling location of Logan Square and is packed with charming loft elements. The interior features include; exposed brick and timber beams, huge windows, hardwood floors, and lots of relaxing natural light. Residents here have everything they need for entertaining guests or quietly relaxing after a long week. The building has an elevator and also features an attached…

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Gold Coast Apartment Complex to Receive a Makeover Aided by City Planners.

The city’s Planning and Development Department is becoming more involved in smaller neighborhood projects. A notable project is the 11-story apartment development at 1212 N. State St. which has revised its design and property line locations.

The proposed changes to the building include lowering the unit count from 102 to 91, increasing the height from 121 to 128 feet, and shifting the tower backwards 15 feet from the northern property line to provide neighbors more space. The aesthetic revisions like using a warmer colored brick, come from Chicago developer, Newcastle Limited and  architecture firm CallisonRTKL. Current rendering may be viewed online.

The space also contains 30 parking spaces, a ground-floor retail component, and roughly 15,000…

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Where to Rent New Construction on Chicago's North Side Right Now

Looking for the right new construction apartment on Chicago's North Side? We have a few places in mind that may be the perfect place to begin your search...

434 W. Melrose

One option for renters sits at 434 W Melrose. This new construction building in Lakeview offers open floor plans with access to a fitness center, indoor parking, and a location that’s just a stroll away from some of Chicago most popular restaurants, the lakefront and the harbor.

No. 508

Located at 508 W Diversey, No. 508 is another new construction property with a desirable location. The boutique building includes an amenity floor, a green roof and a heated parking garage. New residents are also treated to such modern features and finishes as hardwood floors, designer…

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Developer Units Finally Sell Out at Ritz Carlton Residences On Michigan Ave

The Ritz-Carlton has set a record for the longest-ever sales period for downtown high-rise. Within the last few weeks, the last 2 of the 89 total condos in the luxury property were sold.

Going back to late 2018, there were only 4 units within the property that remained unsold. 
The final 2 condo units in a North Michigan Avenue high-rise sold recently making it 13 years since units in the building first went up for sale.

The final units that sold were A 38th-floor penthouse unit and a 34th-floor condo at the prestigious Ritz-Carlton Residences. According to records, this event marks the ending of the the longest-ever sales programs of a downtown condo building.
 The only one that rivals the Ritz is the Trump International Hotel & Towers, which took…

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Where You’ll Find Streeterville’s Priciest Condos for Rent Right Now

Streeterville and luxury real estate go hand-in-hand, especially if you're looking to rent at any of these amazing buildings featured below...

Water Tower Place

The sophisticated units of Water Tower Place exude the utmost in luxury, perched high above Chicago. Located in Streeterville, a rental in the building affords plenty of high-end features and finishes in an iconic setting. A pricey rental in the building also affords access to the abundant amenities of the Ritz-Carlton.

474 N. Lake Shore 

Heading to 474 N Lake Shore, renters are treated to river, city and lakefront views. One of the priciest rentals in the building is a 3,400 square feet condo, complete with four-bedrooms and 3.5-baths. On the market for $11,500, the penthouse rental…

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10 Downtown Chicago Condo Buildings We're Thankful For This Thanksgiving Season

With the month of October nearly in the books and Thanksgiving right around the corner, what better time to take a closer look at what we consider to be 10 of Chicago’s top places to call home, especially if you’re planning to be in the market for a new luxury condo later this year or in 2020. So without further ado, here are the 10 Chicago condo buildings we’re thankful for most this holiday season.

10) Waldorf Astoria Chicago

Located at 11 E. Walton, this hotel-condo combination is certainly considered among Chicago's most exclusive buildings, and if you're looking for a place where you can enjoy world-class hotel-style amenities 24 hours a day, there are few better options than the Waldorf Astoria Chicago.  [Search condos for sale at Waldorf…

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New Construction Apartments in Chicago Now Crossing $4 Per Square Foot Threshold

Although the housing market has slowed considerably in 2019, downtown apartment prices still seem to be on the rise, even despite a growing inventory. 

Lavish new high rises like One Bennett Park, NEMA Chicago, and the Sinclair in the Gold Coast are certainly among the city’s top new apartment developments. But they’re also among the most expensive as well.  

According to Crain’s, more apartment developments are exceeding the $4 per square foot threshold, which doesn’t seem to be stopping renters from paying the extra premium needed for spectacular views and five-star hotel-style amenities.

Part of this new trend is linked directly to empty-nesters who are selling their homes in the suburbs and opting for a luxury lifestyle in the city. But…

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These Luxury Buildings in Chicago all Have a 4-Bedroom Unit for Rent Right Now

Looking for a luxury rental in downtown Chicago with plenty of living space? Here are 4 highly sought-after buildings that all have a lavish, 4-bedroom rental currently on the market.

Waldorf Astoria

Also known as Waldorf Astoria, 11 E Walton serves up luxury condos topping Chicago’s iconic hotel. While many of its condos are extravagant in themselves, an exquisite four-bedroom home is currently available for rent, complete with heated floors, wine storage and 4,000 square feet of living space.

NEMA Chicago

The South Loop provides its own luxuries, including the desirable NEMA Chicago. The building is filled with amenities and upscale accommodations. A four-bedroom floor plan in the building provides more than 2,700 square feet of living…

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New Affordable Logan Square Apartment Project Clears Zoning Vote

An affordable new apartment development could be going in soon close to the Logan Square Blue Line. The proposed seven-story project recently gained approval from the Chicago Plan Commission. It now goes before the full city council for approval. 

Described as a 100-percent affordable apartment project, plans call for half of the 100 rental units to go to CHA residents, while the rest are slated towards those earning at or below 60-percent of the area’s median income. Supporters of the project maintain the new apartments will fill a void for many residents at a time when low income, affordable housing in Chicago is said to be shrinking.  

Along with the new apartments, the project additionally calls for some parking, a public plaza, a community room…

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