Tagged : Downtown Chicago Real Estate

While not all of us can afford a million dollar home in Chicago, these high-end listings are still fun to browse whenever you get the chance. Whether it’s a chic condominium residence high above the bustling street level in Streeteville, a trendy duplex loft condo in the up-and-coming South Loop, a spacious single-family home on a double lot in Lincoln Park, or even a historic brownstone situated in the heart of Chicago’s Gold Coast, there’s no denying million dollar real estate listings in Chicago are all extraordinary in their own way.

If you’re fortunate enough to be in the market for one of these ultra-luxurious properties, we’ve created a simple, hassle-free way to search all the highest-end real estate for sale in Chicago. From multi-million

It seems more and more people are starting to work from home, at least during part of the work week, and if you find yourself in a somewhat similar situation, it’s important to consider not only your personal needs when looking for a new condo for sale in downtown Chicago, but also your professional needs as well.

A Forbes article from 2013 estimated 30 million Americans work from a home office at least once per week, with a study from Telework Research Network estimating that number is expected to increase by 63% in the next five years. New technologies like video conferencing are making travel and office expansion less necessary, which is just one contributing factor in the growing trend of working from home. Other benefits include cutting down on

The Chicago Housing Authority (CHA) has apparently put plans to build a high-profile mixed-use development on hold, which would have included brand new retail space and at least 436 residential units.

According to a recent report from Crain’s, the impressive Holabird & Root-designed complex, which is detailed in the video below, never really got far beyond the initial proposal phase thanks to the city essentially lacking the resource to develop three Cabrini-Green projects all at once. 

Had the project moved forward, the complex would’ve been situated at a prime corner lot at Halsted and Division, which currently sits vacant just waiting to be developed. 

As noted by Crain’s, no timetable has been set for eventually building out the Halsted and

Development around downtown Chicago and beyond has been booming in 2016, and much of this upward trend certainly started before this year. But as pointed out by the Chicago Tribune this morning, we’re actually seeing an extraordinary amount of new construction happening around the Windy City, which makes now a very exciting time in the world of Chicago real estate.  

As noted by The Tribune, there are currently 33 high-rises being built right now, which is easily the most development we’ve seen since the recession essentially brought construction to a standstill back in 2008. The activity was even noted by Mayor Rahm Emanuel during a visit to the building site of One Bennett Park, one of Streeterville’s newest and most spectacular skyscrapers to start

A pair of spectacular new office towers is being planned for the 300 block of South Wacker, just steps from the Willis Tower. As first reported by Crain’s, the ambitious new project is being spearheaded by local developer John Murphy, who’s planning to close on the parcels at 301 and 321 S. Wacker sometime before the end of the year. 

Although only in the planning stages at this point, the new towers would essentially replace a small park and plaza at 301 S. Wacker, and a surface parking lot at 321 S. Walker, which has seemingly occupied that space for as long as we can remember. 

The good news for developers is that zoning for the gleaming new towers is already in place, and as you can see from the rendering, much of the design work also appears to

Although it’s seemed like a story that will never end, there appears to be a final plan in place for the Old Chicago Post Office that has sat vacant for years—finally. News broke yesterday about the city reaching an agreement with the massive building’s new owner, and the best part might be that work can actually begin immediately.

The first order of business is to begin work that will satisfy more than 20 code violations, which will include replacing the building’s roof, restoring the historic lobby, repairing the building’s beautiful facade, add new high-speed elevators, and completely re-work the electrical, plumbing, heating, and ventilation systems.

The entire renovation will be done in three phases and early estimates are showing the entire project

Whether you’ve been paying attention or not, smaller, more efficient living spaces are becoming increasingly significant around the United States, especially in larger, more expensive markets like New York, San Francisco, and even in parts of downtown Chicago.

You might have first become aware of this new U.S. housing trend from cable network FYI’s popular reality series Tiny House Nation, but since the show’s first episode aired back in the summer of last year, it seems more and more homebuyers are considering the option of having more financial freedom by limiting how much they spend of what’s usually the most costly expense to living—housing.

In areas that are more urban, like Chicago for example, building a “tiny house” really isn’t feasible due to a

Exciting news reported from Crain’s Chicago today about sales finally getting under way next month at an impressive 41-unit condo conversion over at a River North industrial building.  

The property, located at 678 N. Kingsbury, is part of a project that will involve developing six brand new penthouse condos, wrapping the existing structure in a chic glass facade, and constructing brand new units in both the existing building and also in a brand new structure that will be located on an adjacent parking lot that's currently there now.

Got all that?

We know, it might sound confusing, but the rendering above should help answer what questions you may have.

Being called The Ronsley, this trendy new condo development will command prices that are reportedly

Chicago's rapid transit system, most commonly referred to as the "L" (short for "elevated train"), serves around 650,000 passengers on an average weekday, making it the 3rd busiest rapid transit system in the U.S., behind only the New York subway and the Washington D.C. Metro.

Currently, the Chicago "L" system encompasses 145 different stations, and runs over eight individual lines (Red, Blue, Orange, Green, Brown, Yellow, Purple, and Pink), of which none are more frequently used than the lakefront Red Line. But despite the Red Line being the city's most frequently used railway however, it's the Clark/Lake station in the Loop, which isn't a part of the CTA's Red Line, that routinely sees the most traffic, with an average of 20,765 passengers passing