Real estate news & trends
As of late yesterday there were 832 homes and condos listed for rent in local Multiple Listing Service in ZIP Codes 60614, 60657, 60613, 60640, 60660 and 60626. Those ZIP Codes span Chicago’s lakefront from Lincoln Park north to Rogers Park. The number of available rentals is at its highest ...
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Posted by Joe Zekas on July 30, 2014
The spacious one-bedroom condominium at 1550 N Lake Shore Dr has hardwood floors throughout, excellent closet space, and an updated kitchen and bath. Bargain-rate parking is available in the building. What makes this home special is the spectacular views over North Avenue Beach and Lincoln Park. The unit has recently ...
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Posted by sponsored post on July 30, 2014
The South Loop merits more attention than it gets as a destination dining venue, but there’s a growing awareness of its many attractions. Park Michigan Apartments, 1212 S Michigan Ave, has an almost ideal location for those who value walk-to access to scores of dining and drinking establishments. There’s a ...
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Posted by sponsored post on July 30, 2014
The Film Exchange Lofts at 1307 S Wabash in the South Loop has Zapatista restaurant in the building, The Scout and Asian Outpost on either side of it, and Gioco and Flo and Santo across the street. And that’s only a few of the more than 50 bars and restaurants ...
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Posted by sponsored post on July 30, 2014
When the condo market hit the skids in the latter part of the last decade the South Loop was one of the neighborhoods with the greatest imbalance between supply and demand. It took years to work off the excess inventory, some of which is still on the market in developments ...
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Posted by Joe Zekas on July 29, 2014
Hubbard Place, 360 W Hubbard in River North, is a new, luxury, full-amenity high-rise directly across from the East Bank Club and a short walk from the Merchandise Mart. Hubbard Place apartments are spacious and have well-designed, efficient floor plans that take maximum advantage of the space. Floor-to-ceiling windows open ...
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Posted by sponsored post on July 29, 2014
Perhaps the biggest mistake that first-time Chicago renters make is not focusing on exactly where they want to live. That’s an easy pit to fall into if you’re new to the city and unfamiliar with rental costs and locations, but it’s one that should be avoided. Your first and most ...
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Posted by Joe Zekas on July 29, 2014
It wouldn’t surprise me if more Chicagoans have been to Wildwood, New Jersey than to the micro-nabe with the same name on Chicago’s northwest side. Wildwood is a small neighborhood in Forest Glen, which is one of Chicago’s 77 official Community Areas. For a look at the neighborhood, head for ...
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Posted by Joe Zekas on July 29, 2014
Kinzie Park is a gated community on the west bank of the Chicago River opposite the East Bank Club. Kinzie Park’s amenities include a private riverwalk, a gym, a pool, security and package and receiving service. The 2-bedroom, 2 ½ bath Kinzie Park townhome at 438 N Canal has recently ...
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Posted by sponsored post on July 28, 2014
Noah Properties is continuing its streak as one of Chicago’s hottest-selling builders, with most of the company’s offerings selling out pre-completion. Three new condo six-flats are nearing completion at 3013 N California Ave. Each of the buildings has two 3-bedroom, 3-bath duplexes and four 2-bedroom, 2-bath simplexes. The homes have ...
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Posted by sponsored post on July 28, 2014
Crain’s Chicago Business reported yesterday that the Chicago Housing Authority is issuing “supervouchers” that enable low-income residents to rent in some of the city’s priciest apartment buildings. Supervoucher recipients are currently renting, for example, at 500 Lake Shore Drive and Aqua. There are important public policy and resource allocation questions ...
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Posted by Joe Zekas on July 28, 2014
YoChicago has more than 2,500 videos on our primary YouTube channel, and they’ve been viewed more than 3.8 million times. We have far more narrated real estate videos online than all of the other media outlets in Chicago combined, and we’re adding to them frequently. Our most popular video, one ...
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Posted by Joe Zekas on July 28, 2014
The 10-story, 61-unit apartment building at 727 W Lake St in the West Loop is topped out and in the process of being closed in. According to the developer, Interfaith Housing Development Corporation, all of the apartments will be rented to residents who earn at or below 50% of the ...
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Posted by Joe Zekas on July 25, 2014
Streeter Place, 355 E Ohio in Streeterville, has a variety of studio to 3-bedroom apartments that are more spacious than many in the neighborhood. Square footage is just one measure of space, and not the most important. Streeter Place’s floor plans make efficient use of their space and expand it ...
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Posted by sponsored post on July 25, 2014
A scant four months after moving in its first residents, Halsted Flats is more than 70% leased. That’s a torrid pace for a new apartment tower, and a reflection of the excitement that’s accompanied the first new rental high-rise in Lakeview in three decades. Visit Halsted Flats’ floor plan page ...
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Posted by sponsored post on July 25, 2014
The 176-unit, 11-story vintage high-rise at 2756 North Pine Grove, close to the park in Lincoln Park, has a variety of renovated one- and two-bedroom apartments. A renovated one-bedroom with hardwood floors and a separate dining area is currently available for $1,325 a month. Vintage touches in the apartment include ...
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Posted by sponsored post on July 25, 2014
Newly-renovated high-floor 3-bedroom, 3-bath homes are available at Chestnut Tower, 121 W Chestnut St. Unit 3106 is available immediately and rents for $4,995 per month. Unit 3406 will be ready for move-in on August 6 at a monthly rental of $5,150. “We’re not likely to have additional 3-bedrooms available until ...
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Posted by Joe Zekas on July 24, 2014
RealtyTrac defines a mortgaged home as “seriously underwater” when “the combined loan amount secured by the property is at least 25 percent higher than the property’s estimated market value.” According to RealtyTrac, 17.2 percent of all mortgaged homes in the US were seriously underwater in Q2 2014. Equity rich properties, ...
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Posted by Joe Zekas on July 24, 2014
Chicago’s piratical rental services would like renters to believe that their services are free. There are renters gullible enough to believe that, just as there are renters who are naïve enough to believe the claim that rental services will negotiate the best deal for them. Chicago’s rental services aren’t that ...
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Posted by Joe Zekas on July 24, 2014
Residents at the new condos currently under construction at 1345 Wabash in the South Loop will find a dizzying array of food shopping and dining options nearby – just part of the location’s allure as one of the most convenient and vibrant in Chicago. Jewel-Osco and Trader Joe’s are a ...
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Posted by sponsored post on July 24, 2014
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