Real estate news & trends

News from around the Web - 6/20

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ChicagoDowntown / Loop

What it costs to rent in the South Loop

Kardas Photography

If you’re looking to rent in the South Loop, you can see all of your managed apartment building options on YoChicago’s South Loop availability list, below. Where only a single price is listed, it’s an indication that only one unit of that type was available at the time we checked. ...

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Posted by Joe Zekas on June 20, 2013
ChicagoDowntown / Loop

Yet another Near North apartment tower proposed

Thumbnail image for Yet another Near North apartment tower proposed

Crain’s Chicago Real Estate Daily is reporting that an Oregon-based developer has acquired a parcel at 625 W Division and plans to begin building an 18-story, 240-unit apartment tower later this year. The panoramic view above was shot nearly two years ago from a fourth-floor balcony at a Parkside of ...

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Posted by Joe Zekas on June 20, 2013
ChicagoDowntown / Loop

Meet Cuvée, Paramount Room and new residents at K2 Apartments

Eric and Sharilyn, K2

A rainy day relocated K2‘s open house from the outdoor pool to an indoor party room, but it didn’t dampen the turnout or the upbeat mood of the people attending. Cuvée and the Paramount Room, two nearby businesses, sponsored the event at the Fulton River District’s newest luxury apartment tower. ...

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Posted by sponsored post on June 20, 2013

The end of YoChicago’s Chicago Real Estate News page

For several years now we’ve brought you categorized links to real estate and neighborhood news stories from 100s of local, regional and national news sources on our Chicago Real Estate News page. The page was made possible by Google Reader. We “tagged” news items, and Reader generated an RSS feed ...

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Posted by Joe Zekas on June 20, 2013
ChicagoFar North

Will flat-out hype fall flat at Flats Chicago?

4875 N Magnolia Chicago

In my experience, when hype runs far ahead of performance in real estate the performance more often than not falls flat. Will that prove to be the case at Flats Chicago, a hyper-active attempt to conjure a positive brand for a group of buildings with troubled histories and sub-par locations? ...

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Posted by Joe Zekas on June 19, 2013
ChicagoDowntown / Loop

Coast reports being 50% leased

Coast at Lakeshore East

A news release received yesterday reported that the 515-unit Coast apartment tower, which began leasing in mid-February and opened in March, is 50% leased. That’s “a record setting pace,” said an executive of NNP Residential, the leasing and management agent for the 51-story building. Coast is the eighth residential high-rise ...

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Posted by Joe Zekas on June 19, 2013
ChicagoNorth Side

Video tours of Lincoln Park’s only dog-friendly high-rise apartments

Aerial view of Lincoln Park

YoChicago’s at-a-glance apartment lists make it easy for you to find the high-rise apartment buildings that will coddle your current canine or the one you’ve been craving. If you’re looking to rent in Loop / Downtown and Near North neighborhoods you’ll see that most of the buildings are dog-friendly. If ...

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Posted by Joe Zekas on June 19, 2013
News & trendsArchitecture & design

Lee Bey dishes on the new landmarks

Lee Bey

If you have a few minutes to spare, they’ll be well spent in listening to architecture critic and photographer Lee Bey’s thoughts on mid-century modern buildings and his approach to photographing them. The video includes photographs of Diamond Bank, a 1961-vintage structure at the corner of North Ave and Clark ...

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Posted by Joe Zekas on June 19, 2013
ChicagoDowntown / Loop

Market for MLS-listed downtown homes and condos remains stable

Aerial view of Gold Coast

There are currently 824 MLS-listed homes, apartments and condos for rent in the 14 downtown ZIP Codes that we track periodically. That’s a little more than 1% below the number available for rent a year ago at this time, an 11.5% increase over the same time in 2011, 37% below ...

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Posted by Joe Zekas on June 18, 2013
ChicagoWest / Southwest

Racial discrimination at Galewood Crossings?

Galewood Crossings

The Tribune recently wrote about a lawsuit brought by the CHA against board members of the master association at the Enclaves of Galewood Crossings in the Austin neighborhood. The CHA had contracted to purchase a number of townhomes in the community, and recently closed on the purchase. The lawsuit alleges ...

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Posted by Joe Zekas on June 18, 2013
ChicagoNorthwest Side

Avondale Closeout still not closed out

Avondale Closeout

Back in October of 2010 Red Seal Homes held a grand opening event for its curiously named Avondale Closeout development. Plans called for 19 homes base-priced from the $560s to the $600s, with a first phase of 9 homes. Since that time, according to Redfin data, two homes have sold. ...

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Posted by Joe Zekas on June 18, 2013
News & trendsMarket conditions

Metro Chicago condo sales surged in May, highest since 2006

Kardas Photography

The following market update arrived via a news release from RE/MAX Northern Illinois: A renewed appetite for condominium purchases has become apparent in the metro Chicago real estate market through the first five months of 2013. That trend was especially clear in May when a 35 percent increase in sales ...

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Posted by Joe Zekas on June 18, 2013
ChicagoDowntown / Loop

Divergent architectural styles book-end Divergent set

Divergent movie set

One of the sets for Neil Burger‘s adaptation of Divergent, a sci-fi flick starring Shailene Woodley and Kate Winslet, is appropriately sandwiched between two of Chicago’s architectural icons. No word on whether the set was designed by Burger’s architect wife. Pictured above, to the north of Divergent’s bleak homes, is ...

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Posted by Joe Zekas on June 17, 2013
ChicagoDowntown / Loop

Iron workers put on a show at Catalyst

Tower crane, Catalyst

When we looked in on Catalyst in early April drilling rigs were sinking the caissons for the apartment tower’s foundation. The 22-story building, when complete at 630 W Washington, will host 223 apartments, 175 garage parking spaces and 15,168 square feet of ground floor retail space. Foundation work was complete ...

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Posted by Joe Zekas on June 17, 2013
North ShoreEvanston

A first look inside Evanston’s 1717 Ridge apartments

1717 Ridge, Evanston

The recently-opened 1717 Ridge apartments held its ceremonial grand opening last Wednesday, and drew a crowd despite the storm system that swept through the area that evening. Evanston Mayor Elizabeth Tisdahl keynoted the event. I attended the event and stopped by again on Friday, in better weather, to shoot some ...

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Posted by Joe Zekas on June 17, 2013
ChicagoDowntown / Loop

A stalled 1K Fulton and Google rumors

1K Fulton

Ever since Crain’s reported that Google is considering a move to the new 1K Fulton development in the West Loop commenters at various websites have treated the deal as a fait accompli that would precipitate imminent change in the area. Here’s how Crain’s phrased the impact: If a deal is ...

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Posted by Joe Zekas on June 17, 2013
ChicagoDowntown / Loop

An up-to-date list of River North apartment rents

Montgomery Ward Park

If you’re looking to rent an apartment in River North, you can see all of your managed apartment building options on YoChicago’s availability list, below. Apart from the new buildings, there are currently only twelve large apartment complexes in River North, and we’ve listed all of them in this Google ...

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Posted by Joe Zekas on June 14, 2013
North ShoreEvanston

Tour a Georgian Revival home near Evanston’s Lighthouse Beach

705 Milburn Evanston

Koenig & Strey’s Sally Mabadi is our guide to this elegant, 5 bedroom, three-story Georgian Revival. The home, at 705 Milburn St, is beautifully situated in northeast Evanston, just steps to Lighthouse Beach and the award-winning Orrington School. 705 Milburn perfectly captures the old world craftsmanship of the 1920s with ...

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Posted by sponsored post on June 14, 2013
ChicagoNorth Side

Spacious renovated apartments steps from Lincoln Park

420 Surf Chicago

The vintage high-rise at 420 W Surf in the Lake View neighborhood is on a tree-lined street, but just steps from Lincoln Park and Diversey Harbor. The building has spacious studio, one-, two- and three-bedroom apartments with hardwood floors, crown moldings, and updated kitchens and baths. The fitness room and ...

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Posted by sponsored post on June 14, 2013

YoChicago approaches 2,000 followers on YouTube, Twitter

twitter logo

Many of our visitors would rather learn about what’s new here by following us on Twitter or subscribing to our videos on YouTube rather than going directly to YoChicago. If that’s your preference, visit our YouTube channel and Twitter feed to get started. You can, of course, also find us ...

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Posted by Joe Zekas on June 14, 2013