Chicago Real Estate News & Neighborhood Notes

To accommodate growing needs of employees, PepsiCo will be relocating its Chicago offices. The new location will be 433 W. Van Buren St and will be the home of their; Sports and Juice portfolios, Quaker Foods, and Pepsi's North America Central Division.

The move will “meet the growing needs of current and future talent by creating a more agile and productive working environment for employees,” according to to a representative of the company.

The beverage giant signed an 8 year lease for a space measuring 192K sq. ft and are planning to move around the end of next year. PepsiCo with their 1300 employees will be the 3rd largest tenant within the building.

The new offices are expected to be a state-of-the-art workspace which will increase employee

Looking for a chic new loft as a first-time home buyer in Chicago? Get your search started below...

Paramount Lofts

Paramount Lofts, located at 1645 W. Ogden Ave is an impressive loft building in the desirable area of the West Loop. The building was built in 2007 and is located close to public transportation like the blue/pink/green lines, the medical district-Rush/UIC, lush parks, the United Center, and a variety of restaurants. Owners within the Paramount Loft enjoy amenities such as; 24-hour door person, roof top deck, exercise room, community room, on-site staff, and dry cleaning. 1-bedroom, 1-bathroom units, complete with hardwood plank floors, modern appliances, large industrial windows and a spacious balcony, are averaging around $240K right

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

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

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

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

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

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

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

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