Chicago Real Estate News & Neighborhood Notes - West Loop Real Estate News

This Month's New Construction Profile: The West Loop Collection

At home in one of Chicago’s most desirable areas, the West Loop Collection offers up dozens of new condos in a coveted setting. With eight units per building, buyers have the choice of a more traditional single-story condo, a four-bedroom duplex or even a penthouse duplex. Altogether this presents a number of luxurious options.

Ranging from three- to four-bedrooms, the units of West Loop Collection offer expansive floor plans to meet the needs of upscale buyers. Prospective new residents can expect to find such high-end additions as custom Italian cabinetry, premium appliances and wide plank oak hardwoods.

As well, the new units are outfitted with private balconies or rooftop decks, large kitchen islands and plenty of added extras. Buyers of the new West…

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3 Things You’ll Love About 1400 W. Monroe in Chicago's West Loop

From its convenient address to its added extras, 1400 W Monroe is hard to top. In fact, we’ve found three things you’re sure to love about living in this West Loop building.

To begin with, the location is top notch. Just adjacent to a dog park, the building also enjoys a convenient location that’s close to area restaurants, bars, and even Chicago’s new McDonald’s headquarters. This puts everything you need and want in the area easily within reach.

The available layouts are equally impressive. The property features a spacious collection of two- and three-bedroom units, with thoughtfully designed homes and large floor plans sure to appeal to the needs of today’s most discriminating buyers.

Not to be outdone, the finishes of 1400 W Monroe are equally…

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Here’s Where You Should Search Timber Lofts in Downtown Chicago This Spring

Looking for a classic urban loft in Downtown Chicago this spring? We know just where you should begin your search...

711 S. Dearborn

With open floor plans and impressive additions, the uniquely designed 711 S Dearborn allows for exposed brick and timber lofts in Downtown Chicago. Buyers can expect to find plenty of charming attributes, including a location that’s steps away from dining and public transportation.

360 W. Illinois

Also called the Sexton Lofts, 360 W Illinois enjoys timber lofts with a location close to shops, galleries and dining. This River North building provides its residents access to a rooftop deck, fitness center and a doorman.

312 N. May

New buyers can expect to find high ceilings and hardwood floors with the timber…

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Brisk First Quarter Finish For Chicago’s Housing Market

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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3 Reasons You’ll Love the New Construction Condos at 1000 W. Monroe

Chicago condo buyers are sure to be in for a treat when it comes to 1000 W Monroe. This new construction property offers plenty to love, from its location to its added features.

The Neighborhood

Found in Chicago’s West Loop, Mille at 1000 West Monroe puts its future residents just a short stroll from everything you need and desire in the area. This coveted neighborhood also makes it easy to get around the rest of the Chicago area.

The Exclusivity

Another reason to fall in love with the property is its exclusivity. The building only has a dozen units to choose from. With just two residences per floor, it’s sure to be one of the most desirable new options for buyers.

The Living Spaces

The third great reason to choose 1000 W Monroe is the…

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REPORT: New Condo Project Coming to the West Loop

The West Loop is about to gain a new condo project. The same developer behind the 1000M high-rise plans for a seven-story condo building across from Skinner Park.

That 42-unit building will bring condos to an area that’s been much more focused on rentals lately. The new glass and gray brick building plans for the option of a two- or three-bedroom floor plan with designs ranging from 1,200 to 2,000 square feet of living space.

Plans call for a more affordable entry price, delivered with more limited amenities than other buildings in the area. The West Loop location, however, is expected to be an enticing extra, with the nearby park and dog park.

Located at Loomis and Monroe, the condos take the place of a former nursing and treatment center. Developers hope…

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Luxury 72-unit Condo Project Slated for Hubbard Headquarters Site in the West Loop

Hubbard Street Dance has sold its headquarters in the West Loop to developers that are planning to erect a 72 unit condominium complex on the site.

Belgravia Group and JRG Capital Partners have acquired the property at 1147 W. Jackson Blvd. The duo plan to start marketing the new condo project in February and aim to break ground later this fall. 
Over the past decade, the firm has built five projects in the West Loop under its CA brand, which feature spacious 3-bedroom, 3-bathroom units. Belgravia and JRG anticipate the condos, which will average around 2,150 sq. ft. to be priced around the mid $800,000's according to a recent press release.

The Hubbard site project is close to large employment hubs like the Illinois Medical District and the Fulton…

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Chicago-Based Developer Acquires 2 Buildings Along West Loop's Restaurant Row

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…

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Search Downtown Chicago Condos Near Dog Parks

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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Top West Loop Loft Buildings to Consider with a Budget Under $600,000

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…

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