Chicago Apartment News

A new 56-story apartment high-rise is now open on Michigan Avenue. Essex on the Park just welcomed its first residents two years after the project originally broke ground.

The new tower includes an impressive four-story enclosed atrium, infinity-edge swimming pool and valet parking. In addition, the building offers a fitness center, a dog run and pet grooming station, a demonstration kitchen and a party room.

The property includes space for nearly 480 luxury apartments with floor-to-ceiling glass in everything from a traditional studio floor plan to a penthouse duplex with private terraces. Essex on the Park also holds the honor of a Well Certification, the first apartment building in Chicago to receive the distinction.

Located just across from Grant Park,

If you're looking for a Chicago condo or apartment with a premium view, buyers aren't just limited to what's on the lakefront. Here's a closer look at a few buildings that lie along the Chicago River that also offer some insane views of the city.

Trump Tower

One of the hottest buildings along the riverfront is none other than Trump Tower. The building features options ranging from studios to sweeping penthouse units with high ceilings and some fireplaces. High-end options at Trump Tower, meanwhile, range from valet parking and full service concierge service to a spa, health club and indoor lap pool.

Wolf Point West

At 46-stories high, Wolf Point West presents some incredible views overlooking the riverfront and beyond. The new River North

Chicago-based developer Draper & Kramer has officially started work on a new 24-story, 275-unit apartment tower at 2111 S. Wabash Avenue. Despite securing City Council approval back in 2016, the firm was apparently waiting on other development near McCormick Place to happen before starting construction for their latest South Loop project.

Major development throughout Chicago’s South Loop neighborhood certainly isn't lacking and has actually been fairly widespread in recent months and years. The new Wintrust Arena project and a number of hotels have recently been added to the area’s landscape, and high-profile projects like NEMA, Essex on the Park, and 1326 S. Michigan are also getting closer to being finished as well.

Renderings on the new 2111 S. Wabash

The South Loop apartment market is booming right now and it's showing no signs of slowing down. Here's a closer look at where you might find a great luxury apartment or condo for rent in the neighborhood heading in the busiest time of year for home buyers and renters.

1345 S. Wabash

The newer construction designs of 1345 S Wabash offer the enjoyment of modern, loft-style living in the South Loop. At the same time, the building’s affordability is certainly something you won’t want to overlook in 2019. The property offers up such desirable extras as hardwood flooring and high, exposed concrete ceilings.

1407 S. Michigan

With nearly 200 rentals in all, 1407 S Michigan allows for everything from studios to three-bedroom apartment homes. The South

From brand new, high-profile projects coming through the pipeline to established high-rises with insane views and lifestyle amenities, here's our top picks for where to search luxury rentals in 2019. 

One Bennett Park 

With one- to four-bedroom floor plans to consider, One Bennett Park offers plenty of options for renters. The luxury units include upscale finishes and high-end appliances, as well as some amazing views of the lake and the city.

61 E. Banks

In comparison, 61 E Banks offers up a number of different delightful floor plans for renters to choose from. With apartments on the upper floors and two-story townhomes on the lower levels, the property also includes a fitness room, a roof deck and extra storage space. 

Aqua

One of

Chicago’s newest and tallest rental building is going to be hard to miss, rising up 76-stories above the downtown skyline. Set right along the southern edge of Grant Park, the soaring NEMA Chicago tower is quickly gaining attention not only for its spectacular design, but also for what’s inside.

The property serves up an indoor lap pool with incredible city views, plus more amazing views of the lake and the park from the private residences. As well, there’s also an outdoor deck with another pool, a demonstration kitchen, fitness center, a golf simulator, plus there’s a basketball court and squash court. All of this compliments the addition of spa treatment rooms, conference rooms, and even a Kids Club and Pet “Spaw” for four legged family members living at

61 E. Banks is an illustrious townhome development community in The Loop. These roomy 2-3 bedrooms apartments at 61 E. Banks offer luxury living on the lake! Units contain quartz countertops, designer fixtures, stainless steel appliances, premium engineered plank flooring, and in-unit laundry. You'll be surrounded by prime common amenities such as, 24-hour doorman, full time concierge, a huge private roof terrace with grills, and resident lounge for group entertaining. There are multiple unit layouts to choose from so you can obtain the exact living space to fit your renting needs. Lincoln Park high school is just a mile and a half from this property and residents are allowed to house small pets. Visit the on-site leasing center for information on this

There are plenty of amenities and attractions throughout Downtown Chicago that apartment hunters would love to be within walking distance from and Millennium Park for many is near the top of that list.

Along with all the year-round events and festivals that happen around Millennium Park, living nearby also means you’ll be just blocks from Chicago’s lively theatre district, the recently re-vamped Riverwalk, and some of the Windy City’s coolest bars and restaurants, like Cindy’s Rooftop, Tavern at the Park, and The Gage just to name a few.

So if you’re planning to be in the market for a new luxury apartment and living near Millennium Park sounds like the right place for you, take a closer look a 3 of the hottest apartment buildings you’ll find nearby.

Just how long will downtown Chicago’s red hot apartment market last? It’s a question many of us continue to wonder, and one that we may have an answer to sooner rather than later.

Although demand for apartments is still strong thanks to downtown’s strong job growth in recent years, another increase in new construction apartment deliveries could result in oversupply in 2019 and beyond.

According to figures recently revealed in Crain’s Chicago Business, 4,400 new apartments are expected to wrap-up construction next year, and another 4,000 new units will also be finished in 2020 as well.

The good news, at least for now, is that with fewer apartments being built in 2018, there was at least some supply relief over the past 12 months, and the Class A apartment

Although the spring and summer is when Chicago's' robust apartment market really comes alive, fall can also be a great time to find a good deal, especially in the heat of downtown. Here's a closer look at where to rent in the Loop this month and beyond...

223 W. Lake

The boutique development of 223 W Lake offers up plenty of luxurious features and finishes. The renovated lofts of this building include soaring ceilings and fantastic city views, along with some exposed brick accents and private elevator entry.

130 N. Garland

Also called The Heritage at Millennium Park, 130 N Garland is the Loop’s tallest residential building, with easy and secure access to area shops and public transportation. The full-amenity building also features its own