Streeterville Real Estate News

If you're looking to combine luxury with a co-op living experience, here are 3 co-op apartment buildings in Chicago that must be considered during your search.

1500 N Lake Shore

If your budget allows, consider some of the spectacular co-op apartments of 1500 N Lake Shore. Currently several three- and four-bedroom apartments are on the market in the building, including one particular two-level unit with 5,000 square feet of living space, priced at $3.5 million.

999 N Lake Shore

Another pricey co-op apartment building sits at 999 N Lake Shore. The vintage high-rise offers up sweeping lake views from its roof deck, plus a number of other stylish high-end additions. A pricey co-op apartment in the building right includes three-bedrooms, and is

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

If you’re in the market for a new luxury condo, you currently have several options to choose from within The Ritz-Carlton Residences. Right now the desirable property has several two- and three-bedroom condos up for sale or for rent. 

A two-bedroom, 2.5-bath unit with around 1,900 square feet of living space is renting right now for $9,100. In comparison, it’s possible to find several other two-bedroom floor plans priced starting at $1,000,000. The priciest two-bedroom currently on the market includes 2,800 square feet of living space, offered for $2.3 million.  

If you need more private space, a three-bedroom with 2,400 square feet of living space is currently on the market for around $1.88 million. The largest and most expensive condo is priced at

According to a recent report from Crain’s, the co-founder of Chicago-based Vivid Seats has applied for a construction permit that would allow him to combine six units inside Water Tower Place—one of Streeterville’s most luxurious condo buildings.

As noted in the report, Mr. Vassilatos purchased the six units individually between 2010 and 2016, and the estimated cost to combine these units is somewhere in the $8.5 million range.

The condos are situated on three separate floors inside the building, and combined, offer more than 14,000 square feet of living space.

If actually finished, the newly revamped mega-space would likely become one of downtown Chicago’s most expensive residences.

Part of the appeal behind living in one of Chicago's top luxury high-rises is having easy and direct access to all sorts of lifestyle amenities, which generally range from 24 hour door service and on-site parking to state-of-the-art exercise facilities and swimming pool decks. And while this list is hardly comprehensive, here's a closer look at which condo and apartment buildings in Streeterville offer the best amenities.

One Bennett Park

The ultra-luxurious selections of One Bennett Park offer the advantage of new construction in a prime setting. As well, added amenities range from the outdoor swimming pool and cabanas to a large fitness center, 24-hour concierge service, on-site parking and a dog service area.

465 N. Park

In comparison, 465

Only a few cities in the U.S. have a street or a roadway that’s famous or well-known to people outside of that specific region. In New York there’s Madison Avenue and Broadway, Beverly Hills has Rodeo Drive, and here in Chicago, Michigan Avenue and Lake Shore Drive are certainly the two that stand out most.

Living alongside Lake Shore Drive certainly has an appealing quality because of the breathtaking, unobstructed water views, but if you’re lucky enough to have an address somewhere on the section of Michigan Avenue that’s dubbed the Magnificent Mile, chances are your building has a prestigious reputation that can really only be found in a big city atmosphere.  

Some of Michigan Avenue’s more prominent condo buildings include 800 N. Michigan

If you're looking for a spectacular luxury apartment in Streeterville but still prefer to keep your budget under $10,000 a month, here's our short list of buildings to consider this summer and fall...

600 Lake Shore

With sweeping views of the lake and the city, 600 Lake Shore presents a great choice for renting in the Streeterville neighborhood. The luxury property includes options such as a three-bedroom unit, all for under $10,000.

600 Fairbanks

More fantastic options for renters exist within 600 Fairbanks. The condo options here include luxury one- to three-bedroom units for under $10K. The price affords a sundeck and indoor swimming pool, all with a contemporary design.

160 E. Illinois

The luxury tower of 160 E Illinois additionally

While every condo buyer has his or her own wish list of needs and wants, many in Chicago often have views of Lake Michigan somewhere near the top of their list. And while you’ll most likely have to pay a premium for a jaw dropping views of the water, some lakefront condo buildings in Chicago don’t always require an equally jaw dropping budget. Don’t believe us?

See for yourself….  

3180 N. Lake Shore 

The mid-century building of 3180 N Lake Shore is known for its great amenities and great views, with many units recently renovated. This includes the option of some cozy one-bedroom condos, with most priced under $400,000. 

1440 N. Lake Shore 

It’s possible to find a one-bedroom priced in the low $300,000s within 1440 N Lake Shore. This

In case you missed it, possible plans for the infamous Chicago Spire site have once again been unveiled, and this time it seems a massive, 2-tower development could actually come to fruition, especially given a new website detailing the project has also been launched.

According to numerous media outlets, developer Related Midwest has announced a stunning mixed-use development that could potentially include a luxury hotel, condos, apartments, a new park on the east side of Lake Shore Drive, and also another extension of the rapidly growing River Walk. 

Back when the Spire site was acquired, an architecturally significant project was promised by Related Midwest, and it appears they fully intend to follow through with that proclamation.  

The taller

A new plan is reportedly in the works at the site of the former Chicago Spire condo tower. Work on the luxury tower, which once aimed to become the second tallest building in the world, stalled shortly after construction began.

Now about a decade later, a new developer is planning to release its plans on what to do with the site. Those plans are slated for public release within days, though it’s been suggested in the past that any new project could possibly rival the Spire.

Originally, the more than two-acre site included plans for a 2,000-foot condo tower, but construction ended with the building’s foundation. Years later, another developer came in and added landscaping to appease concerned neighbors, but few details have been released on what’s