Lakeshore East Real Estate News

Information about Lakeshore East real estate news . Read about everything happening around Lakeshore East, including new construction updates, market tidbits, and anything that relates to commercial and residential real estate in Lakeshore East. Also start browsing active Lakeshore East real estate for sale, or contact Gold Coast Realty for help with your home or condo search around Downtown Chicago.

There are currently 18 blog entries related to this category.

Construction on the recently renamed St. Regis Chicago is wrapping up and the city’s new 95-story high-rise is finally starting to welcome its first residents. As reported by Crain’s, developers of the project said first move-ins took place in earlier this month and will continue to happen regularly moving forward.

For buyers immediately moving in and opting not to rent out their unit, the 47th floor amenity level still isn’t finished, and the hotel and hospitality offering aren’t quite ready yet either.

Along with the building’s 393 condo residences, plans also called for a 191-room hotel, which will include Alinea Group-run bars and restaurants as well.
Although a number of St. Regis Residences on the MLS are labeled pending, just 3 are active,

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Vista Tower Chicago Condos After a six-year partnership, one of the developers behind the Vista Tower is buying out its majority partner for $270 million. Wanda Hotel Development recently agreed to sell its own 90-percent stake in the building to an affiliate of its Chicago partner to cut debt.

Previously, Magellan Development Group owned just 10-percent of the project. The Chinese partner had been looking for a buyer for its stake in the property for at least two years. The on-going pandemic has made its current financial woes even more challenging. 

The $270 million buyout accounts for Wanda’s equity stake in the estimated $1 billion condo and hotel project. Wanda and Magellan collectively financed construction of the tower with a $700 million loan. 

The 101-story tower

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Inside Cirrus ChicagoChicago’s newest luxury condo development is already attracting interest for its design and its intended offerings in Lakeshore East. Cirrus is currently under development but plans to eventually deliver hundreds of new condos in a variety of floor plans.

Buyers can choose from one-, two-, three- or even four-bedroom layouts with sweeping floor-to-ceiling windows. In fact, the building is being designed for some spectacular views overlooking the Chicago River, Lake Michigan and the city skyline. 

It also sits just steps away from nearby shops, restaurants, entertainment venues and outdoor recreation. Future residents won’t have to even leave the property, however, to experience a wide range of on-site amenities.

The sleek new building plans for a

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The Chicago city housing market cooled in the first quarter of the year, with the city performing much like the suburbs. Of the city’s 77 neighborhoods, sales were down in more than half of them during the first few months of 2019. Local agents have seen homes in some neighborhoods take longer to sell than they did during the same time period a year ago.

Analysts look at three key measures in determining a local market’s vitality. This includes the number of homes sold, the average time homes sit on the market and the median sale price.

In condos and townhomes specifically, no city neighborhoods saw improvements of all three measures during the first quarter of the year. In fact, only two neighborhoods in the Chicago area saw improvement in all three key

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Planning to be in the market for a luxury condo this spring? If so, these luxury condo towers around Chicago all have a penthouse unit that JUST hit the market…

The Montgomery

The completely renovated, top-floor penthouse at The Montgomery that just hit the market is about as good as it gets. The views are spectacular, the location is superb, and the Kristy Yarbrough-designed living space features all the bells and whistles. Oh, and there’s also a 1,000 square foot outdoor terrace with a built-in bar and grill as well.

Asking Price: $4,995,000

Lincoln 2550

As one of 4 penthouse condos at Lincoln 2550, this spectacular 4 bedroom, 4.5 bathroom residence features traditional finishes and views that are simply unmatched. In fact, you’ll even enjoy

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Chicago is widely considered to be one of the most dog-friendly cities in the country. With over 20 individual off-leash dog parks in the town and dozens of high-rise condo buildings that not only allow dogs inside the building, but also feature a host of in-building amenities that specifically relate to pet owners, it's certainly hard to argue otherwise. 

But if you're looking for a new condo or home for sale around the downtown area however, pet facilities are a bit more scarce and there aren't quite as many dog parks available to home owners on, say, the north and west sides of town. So if you're trying to balance a great downtown Chicago location with easy access to a downtown dog park as well, here's a closer look at where you may want to begin

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Aqua Chicago Condos For SaleThere’s no doubt that Chicago's Aqua condominium building is among the most distinguishable in Chicago’s New Eastside, and depending on when you’re looking for a new condo in the heart of the city, it can also be one of the priciest buildings to consider too.

Offering a unique design that’s defined by the building’s expansive and wavy balconies, Aqua’s exterior certainly blends in nicely with the rest of this ultra urban neighborhood that's filled with some of the Windy City's most impressive high-rises. This particular structure stands 82 stories high and features nearly 500 rentals and just over 250 luxury condos. And while not every unit here requires a 7-figure budget, it's a location that certainly has a variety of units that command big money.

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340 East Randolph Condos For Sale or Rent

Chicago’s New Eastside neighborhood is home to a handful of residential high-rises that house some of Chicago’s most luxurious condos for sale. Among some of the most spectacular New Eastside condo buildings is 340 E. Randolph Street, also known to many as simply Randolph on the Park.

While many factors go into making 340 E. Randolph a special place to call home, its location right across from the Millennium and Maggie Daley park spaces is certainly a huge part of the equation. Not only is having these lush, downtown Chicago amenities right outside your lobby door an added bonus in terms of entertainment and walk-ability, these wide open spaces also allow for condos for sale at Randolph at the Park to offer some of the best unobstructed lake and city

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If you’ve ever lived in a Chicago condo building, no matter the size, you probably understand why some buildings have various pet restrictions that limit certain dog breeds, the size of dogs, and of course the number of dogs you can have inside your condo. Part of such restrictions is to minimize how much of a disturbance you or your dog will be to your fellow residents, while other reasons may include additional maintenance or cleanup around the building or to reduce the potential for property damage a dog may or may not cause.

Regardless of whether you own a teacup Yorkie or 50 pound Lab, it’s always important to understand pet regulations for a condo building you’re considering before signing on that dotted line. As expert Chicago real estate

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Chicago’s New Eastside is home to stunning architecture and some of the most sought-after real estate in all of downtown. From landmark high-rises like the Aqua at 225 N. Columbus and Coast at 345 E. Wacker Drive to the modern sophistication of buildings like 340 on the Park and Regatta, the New Eastside is no doubt one of the defining neighborhoods that now make up the stunning Chicago skyline as we know it.

But among all these massive and luxurious condominium and rental developments, the New Eastside also offers some very exclusive housing options on smaller, much more private scale. Known as the Benton Place Parkhomes and overlooking the award-winning green space at the Park of Lakeshore East, these custom townhome units offer many of the same

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