West Loop Real Estate News

The McDonald’s-effect continues to have a huge impact on the West Loop’s west side as 2 more buildings recently sold for well over what was paid for each just a few years ago.

According to a new report from Crain’s, a New York-based investor just unloaded 1100-08 and 1114. W. Randolph to Chicago-based L3 Capital for $12 million, netting quite a profit in the process. As mentioned in the report, Gilman Management paid just $3.7 million for the buildings back in 2013 and 2014.

Back in 2014, MTV’s “The Real World” was filmed in the two-story building at 1100-08 Randolph, while the other building, which was the former home of Tete Charcuterie, no doubt saw a major jump in value once McDonald’s recently opened their spectacular new headquarters across the

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

If you’re working within a budget, you can still find some great choices in the West Loop. Some of the top loft buildings in the area offer options under $600,000.

1000 W. Washington

This includes the available units of 1000 West Washington Lofts. The property delivers loft-style homes, each with its own unique design. Many of the homes additionally feature high ceilings, exposed brick and beams, plus a price point under $600,000.

1040 W. Adams

Another place to search is 1040 W Adams. The No Ten Lofts are just steps away from some of the area’s best restaurants and attractions. This converted warehouse and factory houses more than 200 loft condos, ranging from studios to three-bedroom designs.

933 W. Van Buren

Finally, other options

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

If you’re thinking about purchasing a loft-style home in the near future, we have several West Loop loft buildings you’ll want to consider.

400 S. Green

Also known as the Green Street Lofts, 400 S Green presents modern lifestyle options within a more historic setting. Originally constructed in the late 1800s, the reimagined building now house dozens of lofts, many of which have been additionally updated in recent years. It’s common to find plenty of exposed brick and ductwork, plus high ceilings and the option of on-site parking.

1017 W. Washington

Buyers are also treated to exposed brick and timber within 1017 W Washington. The West Loop property additionally provides a common rooftop deck plus the enjoyment of living close to some of

It’s a mixed bag for luxury condo prices in Chicago right now. While some buildings are selling for a higher price per square foot, others are down in price.

Perhaps one of the biggest names right now is Trump, and reports suggest the condos at Trump International Hotel & Tower are among those down in price. According to some published reports, the sale price per square foot within the Chicago River tower was down about 12-percent from 2016 to 2017. In comparison, reports list the average sale price per square foot in 340 On the Park, located in Lakeshore East, up about 12-percent during the same time period.

While some brokers suggest it could be a reflection of the Trump presidency, others suggest increasing completion from newer construction, luxury

The vibrancy of the West Loop is only complimented by some of its residential options. If you’re in the market for a luxury loft, you’re sure to find a number of great selections in this part of Chicago.

1000 W. Washington

Found at 1000 W Washington, the unique units of 1000 West Washington number around 180, with nearly that many different floor plans. With up to four-bedrooms and 3,200 square feet of living space, the homes commonly come complete with hardwood floors, private balconies, soaring ceilings and exposed timber and brick.

312 N. May

In comparison, the spacious lofts of 312 N May are also known for exposed brick and pillars, high ceilings and hardwood flooring, as well as large windows and a large amount of storage space. In

From its premiere location to its ultra-luxurious designs, you’re sure to love living within any of the exclusive residences of Hayden West Loop. The new construction building offers less than 30 residences, each with its own exceptional features that together make the building one of the most sought after in the Chicago area.

All ranging from around 3,200 to 5,000 square feet, the spacious floor plans include mostly three-bedroom homes, along with a handful of duplex penthouses. The massive windows of the homes open up to private outdoor space, while the building itself also rewards residents with private and secure elevator access to the homes. 

As well, residents are also sure to enjoy indoor heated parking, bike storage and the convenience of a

A new skyscraper could soon soar to new heights in the West Loop, where developers are making plans for a new 51-story tower. Slated for a site just off ‘Restaurant Row’, plans call for 300 new residential units, more than 200 parking spaces and some new commercial space in Fulton Market.

The recently filed zoning application sheds some light on the project, calling for a slender structure that’s much different in design than many of the existing low-rise buildings that surround the site. The same developer bought up the land for the now proposed tower, as well as some of the existing buildings a couple of years ago, and dubbed the project 900 West.

While phase one already has retail tenants signed to inhabit the rehabbed low-rise buildings next

A beautiful new hotel project is being discussed for the West Loop and will be up for approval by the Plan Commission later this year. 

If approved, the new West Loop Hyatt Hotel will be built over at 113 N. May Street and is expected to house trainees of McDonald’s “Hamburger University” training program, which of course will also be moved to the city once the new McDonald’s headquarters is finished right down the street. 

The design of the new West Loop Hyatt Hotel has been slightly modified from the original proposal, which included a 19-story building with 220 rooms. The new revised design from Eckenhoff Saunders Architects now only stands 16 stories high with 200 rooms. 

For additional information on the fabulous new West Loop Hyatt Hotel,