Chicago Apartment News

A Chicago waterfront high-rise has a new owner. A New Jersey investor recently partnered with a Korean investor to purchase Cityfront Place for $154 million.

The 39-story building sits along the Chicago River. It is a Class-A building with 480-units and lake views.

The new owners are said to be planning on making several upgrades to the property. Lincoln Properties will manage the building.

Various reports suggest the new investors were drawn to the building in large part due to its location. The building sits near educational and healthcare institutions with a strong workforce, which helps ensure the purchase will be a good investment in the future. Cityfront Place is also convenient to neighborhood amenities and local landmarks.

The building previously

Lakeview is home to a brand-new apartment building that was built with resident comfort and convenience in mind.

The luxurious Four50 apartment building, located at 450 Belmont Ave, was designed with smart materials and a sophisticated aesthetic. It contains units ranging in size from a studio up to a 2280 sq. ft. 3-bedroom apartment.

The property is packed with amenities including; a fitness center, intercom system, bike storage, secure parking garage, furnished lobby, pet-friendly areas, concierge services, and work-play lounge. Additionally, a roof-top terrace allows residents to watch the built in televisions, keep warm by the fire pit, and of course take in the beautiful city views from the 18th floor.

The Four50 Apartments are close to a

Another major West Loop / Fulton River District project is finally moving forward after being long-discussed and approved. According to a number of reports, Vancouver-based Onni Group is ready to break ground on a new apartment tower at 354 N. Union Avenue, a vacant parcel that lies immediately south of K2.

For now, it seems like plans call for the development to stand 32 stories high and include 373 rentals and 143 parking spaces. The glass design is pretty similar to what you’ll see in most new construction apartment buildings these days and renderings can be found over on Curbed Chicago.

Additional details about 354 N. Union still aren’t available but one rendering shows an outdoor swimming pool at ground level. And given the building’s size,

From its location to its added amenities, there are plenty of reasons why you'll love living at The Residences at Addison Clark this summer...

Lakeview Location

Also referred to as The Residences of Addison and Clark, the building is part of Chicago’s prestigious Lakeview neighborhood. The address puts renters just steps away from some of the city’s best shopping, dining and entertainment, including nearby Wrigley Field.

Open Floor plans

The building also allows for a range of floor plans for renters to choose from. This includes a studio convertible with around 500 square feet of living space, or a much larger two-bedroom with around 1,400 square feet of space.

Luxury Community Amenities

There are also plenty of community amenities sure

The recent building boom added 26,000 apartment units to Chicago and even though the city’s apartment market is still robust, some stats show it could finally be slowing down a bit.

According to data from Integra Realty Resources, the market is relatively flat right now after years of consistent gains, both in price and demand.

Specifically, Class A occupancy is hovering around 93.2 percent, down slightly from 93.5 percent at the end of 2018.

Despite levels maintaining across the board, though, the South Loop is one neighborhood that is getting more competitive. The high-profile project dubbed NEMA Chicago just opened recently and more development is also on the way closer to the South Branch of the Chicago River.

In addition, demand in Class

Whether you're looking to rent or buy within a luxury high-rise building near Grant Park, there are a number of amazing properties to see. Many of the properties have luxurious amenities, spacious units, and unique design elements. Below are 3 properties near Grant Park that will blow you away!

Essex on the Park

Essex on the Park is a uniquely designed apartment community located on Chicago’s prestigious Michigan Avenue. Residents of this property will enjoy all that Lake Michigan and Grant Park have to offer. There is a wide array of floor-plans available with unit sizes ranging from, studios up to the massive 4-bedroom penthouse. The penthouse units are the gems of the Essex offering large outdoor terraces for entertaining. If you're not in a

A proposed plan to demolish the Cassidy Tire Building located at 344 Canal St and build a new apartment tower appears to be moving forward. The Developer, The Habitat Company, along with local architecture firm, Solomon Cordwell Buenz, are planning to erect a 33-story building containing 343 apartments and 124 parking spaces according to Alderman, Brendan Reilly (42nd). The Habitat Company announced their plans to purchase the site back in May, stating that the Cassidy Tire Building is located in an ideal position for redevelopment.   

The building, designed by architect Henry J. Schlacks, has a rich history dating back to 1902 when it functioned as a factory and warehouse for the Tyler & Hippach glass company. Henry J. Schlacks is most known for

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

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

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