Chicago Apartment News

The Chicago apartment market is robust, especially around some of the city's premier downtown neighborhoods like River North, the Gold Coast, and the West Loop. If you're looking for information about apartments for rent in Chicago, you've come to the right place. Featured below is up-to-the-minute news and local tidbits about everything related to apartments and rentals in Chicago.

There are currently 38 blog entries related to this category.

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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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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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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A proposal to build a 39-story apartment building, replacing the Barnes & Noble bookstore, has been abruptly withdrawn. The architecture firm Solomon Cordwell Buenz, proposed the development which would have contained 368 rental units, a rooftop deck with pool, and 19,000 sq. ft. of commercial space.

A public meeting was held on April 11th in which neighbors voiced concerns that the structure was too tall, did not blend into neighborhood well, would block views and create parking complications. 

Brian Hopkins, 2nd Ward Alderman, appears to agree with these concerns and has officially nixed the project. Another proposal made by Newcastle, slated for the northwest corner of State and Division is currently under review.

Their proposal is for an

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City Club Apartments has presented an initial proposal to redevelop a vacant Lake View parcel at the corner of Lake Shore Drive and Waveland Avenue.  

The proposal, according to reports, calls for 2 structures; a 5-story, 66-foot residential-use tower at the south end of the site, and a 19-story, 206-foot mixed-use tower to the north. The lot is one of Chicago’s few undeveloped lakefront sites, as has been a subject of speculation for some time.

Tressa Feher, Alderman Cappleman’s chief of staff, stated that the project is still a work-in-progress and specific details like height, design, and total unit count, are subject to change. According to Feher, “There are still legal ingress and egress issues and other easements that need to be worked out,

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The iconic Lake Point Tower condo building could be returning to rentals. About 30 years ago the tower changed from rentals to condos, and it appears the property may change back, and make history once again.

First constructed as rental apartments in the late 1960s, the property converted to condos in the late 1980s. At that time, it was the city’s largest conversion project. If the condos revert to apartments, it would again break records, this time marking the largest condo-to-apartment conversion project in Chicago history.

According to reports, some condo owners recently received letters inquiring about buying up units in the building and changing them to rentals. Current state law requires at least 75-percent of ownership to be in agreement in order

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Chicago Luxury ApartmentsLooking for the PERFECT downtown Chicago apartment? Welcome to Essex on the Park, a uniquely designed apartment community located on Chicago’s prestigious Michigan Avenue. Whether you’re looking to rent or buy, residents of this property will enjoy all that Lake Michigan and Grant Park have to offer. Essex stands tall above the surrounding buildings offering a view unmatched anywhere on south Michigan. The interiors of these amazing apartments have 10 foot high ceilings and oversize windows which emphasize it’s towering position within the neighborhood.

There is a wide array of floor plans available with units ranging from, studios up to the massive 4-bedroom penthouse which is fit for a king. All of the Kitchens have marble countertops, gas ranges,

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61 Banks is easily one of Chicago’s most impressive and most luxurious new rental developments; and it’s also one of the only opportunities to rent new construction in the city’s highly sought-after Gold Coast.

With all that the building has to offer, it’s easy to see what makes 61 Banks an intriguing option for anyone looking for an upscale living experience right on Chicago’s breathtaking waterfront.

The problem, however, is that if you’re interested in a 61 E. Banks apartment for rent, you’re quickly running out of time.

Right now, 2-bedroom apartments at 61 Banks are priced from $4,900 while a 2 or 3 bedroom maisonette will run you $11,800.

Amenities at 61 E. Banks include 24 hour door service, full-time concierge, a resident lounge, parking, a

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The site of an old Treasure Island grocery store in Lakeview could soon be redeveloped into hundreds of apartments. A developer wants to construct a large apartment complex where the former grocery store and a parking lot stand on North Broadway.

Dubbed Optima Lakeview, plans call for the contemporary glass building to stand eight stories high, and house nearly 250 apartment homes. Those apartments would include a mix of efficiency units, plus one-, two-, and three-bedroom floor plans.

The developer plans to add in ground level retail space, plus room for indoor parking and bicycles. Community amenities would also include a basketball court, game room, a pool deck and a fitness center. A rooftop deck is also part of the proposal.

The new development still

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Looking to make the move to what's arguably Chicago's hottest neighborhood this summer? Here's our short list of West Loop buildings to consider for a rental this moving season...

Skybridge Lofts

Located at 737 W Washington, the Skybridge Lofts offer up loft-style living in a high-rise setting. The property includes a fitness center, rooftop deck and a dog run. It also currently offers your choice of either a two- or three-bedroom rental starting this summer, providing at least 1,500 square feet of living space.

The Parker Fulton Market

More exceptional rental opportunities exist within 730 W Couch. The Parker Fulton Market enjoys access to a swimming pool, rooftop lounge and a fitness center. Floor plans range from studios to three-bedroom

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