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Midtown Square apartments in Glenview target Q4 occupancy

Midtown Square, Glenview

Midtown Square, a mixed-use development on a 2.7 acre site at Glenview Rd and Church St in downtown Glenview, is targeting Q4 2014 occupancy for its 138 one- and two-bedroom apartments. Trammel Crow’s High Street Residential is the developer and FitzGerald Associates is the architecture firm for the project. Exterior ...

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Posted by Joe Zekas on July 23, 2014
ChicagoDowntown / Loop

Tour the over-the-top amenities at Hubbard Place in River North

Hubbard Place

Hubbard Place, a new 43-story, 450-unit apartment tower in River North, offers a lavish array of social spaces where its residents can meet each other or enjoy a quiet moment. A spacious, richly-landscaped deck hosts a pool with cabanas, BBQ grills, and a variety of “living room” areas for more ...

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Posted by sponsored post on July 23, 2014

The teardowns are back in Glenview

Glenview single-family

Travel back in time ten years ago and you would have seen a torrent of teardown activity in Glenview and other attractive northern suburbs. Fast forward to the latter part of the decade and many of the new homes built on the teardown sites were in foreclosure and selling at ...

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Posted by Joe Zekas on July 23, 2014
News & trendsMarket conditions

Foreclosure, delinquency rates down sharply in Chicago metro area

CoreLogic graphic

Foreclosure rates in the Chicago – Naperville – Arlington Heights metro decreased for the month of May over the same period last year, according to newly released data from CoreLogic. The CoreLogic data reveals that the rate of Chicago-area foreclosures among outstanding mortgage loans was 2.82 percent for the month ...

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Posted by Joe Zekas on July 23, 2014
ChicagoDowntown / Loop

Smaller buildings renting rapidly in West Loop

20-22 N Aberdeen

A number of smaller new West Loop apartment buildings built by Michigan Avenue Real Estate Group have leased up rapidly, at rents comparable to those charged at full-amenity towers in the neighborhood. All of the 54 new apartments at 20 – 22 N Aberdeen, which became available for occupancy beginning ...

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Posted by Joe Zekas on July 22, 2014
ChicagoDowntown / Loop

Two new West Loop apartment buildings near completion

Circa 922

The Madison, a 216-unit apartment midrise at 1212 W Madison, is almost entirely closed in. The building’s website has floor plans and rents available, and appears to be offering immediate occupancy, although the building doesn’t appear to ready for occupancy. Circa 922, 922 W Washington, is topped out at 11 ...

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Posted by Joe Zekas on July 22, 2014
ChicagoFar North

Tour a vintage 3-bedroom in an Edgewater 6-flat

5445 N Kenmore

This 3-bedroom, 2 ½ bath vintage condo at 5445 N Kenmore in Edgewater sprawls over 2,800 square feet of living area. The home boasts large, light-filled rooms with great separation between public and private spaces. It has hardwood floors, a newly-renovated kitchen with a breakfast area, a spacious formal dining ...

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Posted by sponsored post on July 22, 2014

The Millennials are coming, perhaps

Hubbard Place party

One of the few things you can say for certain about the Millennial Generation is that its membership is huge in number. Beyond the sheer size of this cohort, certainties vanish. Predicting the impact that Millennials will have on the sale and rental housing markets is, in some respects, akin ...

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Posted by Joe Zekas on July 22, 2014
Downtown / LoopTips & adviceRenting

Should renters claim the broker bonus at 73 East Lake?

73 East Lake Chicago

Not all Chicago landlords cooperate with rental service brokers, but the ones that do typically pay a commission equal to a month’s rent. Several of the newer buildings have rented up successfully while paying rental services a flat fee per unit that’s well under a month’s rent. The new Loop ...

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Posted by Joe Zekas on July 21, 2014
ChicagoNorth Side

A very special duplex loft on a quiet Lakeview street

1318 W George

1318 W George is a former warehouse renovated into a boutique loft condominium with seven distinctly different homes open from a second-floor courtyard. Unit 2B has a soaring living area that’s ideal for entertaining. The up-to-date kitchen has a large island and stainless steel appliances. The home has a large ...

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Posted by sponsored post on July 21, 2014
ChicagoNorth Side

Tour the new luxury apartments at Webster Square in Lincoln Park

Webster Square sundeck

Webster Square is the first new construction apartment building in Lincoln Park in decades. Webster Square boasts a top-tier location at 558 W Webster Ave, steps from the best of everything in Lincoln Park. Oz Park and Mrs Green’s Natural Market are directly across the street. Buses at the corner ...

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Posted by sponsored post on July 21, 2014
ChicagoDowntown / Loop

The scary swift service at K2 luxury apartments

Juan and Rafael at K2

K2 is a new luxury apartment tower in the Fulton River District. K2 has a stellar location, a full suite of amenities that includes a pool deck with skyline views, a fitness center, a basketball court / yoga studio, resident lounge and party rooms, a business center, a theater and ...

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Posted by sponsored post on July 21, 2014
ChicagoDowntown / Loop

See Chris Kennedy’s remarks at the Wolf Point groundbreaking

Chris Kennedy

Construction has been underway for months on a 509-unit, 48-story apartment tower at Wolf Point, the iconic site where the Chicago River forks to the north and south. It’s typical for an official groundbreaking ceremony to occur well after the actual groundbreaking that marks the start of construction. On Friday, ...

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Posted by Joe Zekas on July 18, 2014
ChicagoDowntown / Loop

Trib surfaces first rendering of Stern tower

Stern rendering

The Chicago Tribune reported late yesterday that a 67-story, 500 unit apartment and condo tower has been proposed for a site at 451 E Grand Ave in Streeterville. The site is immediately west of the new 500 Lake Shore Drive. The tower, designed by architect Robert A.M. Stern, would include ...

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Posted by Joe Zekas on July 18, 2014
ChicagoDowntown / Loop

View the Taste of River North from K2 Apartments

Ward Park

K2 Apartments has a gateway location in the Fulton River District that affords its residents quick access to the bars, restaurants, nightlife and other attractions in the adjacent West Loop, River West and River North neighborhoods. One of the advantages of K2′s location is that summer becomes a months-long festival ...

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Posted by sponsored post on July 18, 2014
ChicagoNorth Side

Rent an apartment and donate to the Lakeview Pantry

Lakeview Pantry

You need a new apartment, and many Chicago residents need help with food, especially in the summer months when children are out of school. When you become a new resident at one of Planned Property‘s apartments this July and August, Planned will donate a portion of your rent to the ...

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Posted by sponsored post on July 18, 2014
ChicagoDowntown / Loop

Night views from Streeter Place, and Navy Pier fireworks

View from Streeter Place

I arrived on the 55th floor roof of Streeter Place, 355 E Ohio, just after sunset yesterday evening. The timing allowed me to sample the views before the Navy Pier fireworks began at 9:30. The roof configuration didn’t offer a direct view south. Night shots show off my limitations as ...

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Posted by Joe Zekas on July 17, 2014
ChicagoNorth Side

Forty acres and a mull in Lincoln Park

Finkl Steel aerial

Crain’s Chicago Real Estate Daily reported yesterday on a meeting hosted by North Branch Works to mull the future of a 40-acre stretch of Lincoln Park. The location, from the Chicago River north to Webster Ave, includes the former Guttmann Tannery, Finkl Steel and A. Lakin & Sons sites and ...

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Posted by Joe Zekas on July 17, 2014
ChicagoNorth Side

An impressive new Lincoln Park home by RD Precision

2455 N Greenview

RD Precision homes have been selling pre-completion, attracting buyers with a rich mix of standard features and impressive craftsmanship. The homes have open floor plans, high ceilings, extravagantly large windows, spacious kitchens with high-end appliances, oversized islands and floor-to-ceiling cabinetry. The most striking features of an RD Precision home are ...

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Posted by sponsored post on July 17, 2014
News & trendsMarket conditions

June foreclosures at lowest levels since 2006

East Garfield Park

RealtyTrac released its Midyear 2014 U.S. Foreclosure Market Report today. The report reflects a 19% decrease in US foreclosure filings over the previous six months and a 23% decrease from the first six months of 2013. States with the highest foreclosure rates in the first half of 2014 were Florida ...

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Posted by Joe Zekas on July 17, 2014