Grand Boulevard neighborhood

Grand Boulevard news

Grand Boulevard is Community Area 38 of the 77 on the city's official list.

Grand Boulevard extends north from 51st St to Pershing Rd (3900 S), and west from Cottage Grove Ave (800 E) to the Dan Ryan Expy.

ZIP codes: 60653, 60615, 60609.

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ChicagoSouth Side

Who will buy this remodeled Grand Boulevard home?

47th & Calumet mural

In June of 2007 a single-family home at 4842 S Calumet Ave sold for $565,000 subject to a $565,000 mortgage. Early in 2008 it went into foreclosure, the predictable fate of very many fully-leveraged homes on Chicago’s South Side. The home sold in 2009, following the foreclosure, for $122,500. It went into foreclosure again in ...

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Posted by Joe Zekas on May 12, 2014
ChicagoSouth Side

No visible progress at Bronzeville’s Rosenwald Apartments

Rosenwald Apartments

It’s been nearly two years since I spent a good chunk of two days walking the area around the Rosenwald Apartments, a massive abandoned complex at 47th and Michigan. Members of Rosenwald for All, a group of neighbors who live near the building, accompanied me for part of the time and shared their thoughts in ...

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Posted by Joe Zekas on April 17, 2014
ChicagoSouth Side

Headed for a $107 million meltdown in Bronzeville?

Rosenwald Apartments

Curbed called attention yesterday to the City Council’s Finance Committee’s approval of $25 million in TIF funding for the renovation of the Rosenwald Apartments at 47th St and Michigan Ave. The TIF funding would cover part of the project’s latest project budget of $107 million, the balance of which would be cobbled together from a ...

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Posted by Joe Zekas on October 16, 2013
ChicagoSouth Side

Back from the deadpool – The Shops and Lofts at 47

Thumbnail image for Back from the deadpool – The Shops and Lofts at 47

Tomorrow will mark six years to the day since we first wrote about The Shops and Lofts at 47. A spring 2008 groundbreaking was anticipated for the construction of 170 residential units above 50,000 square feet of ground-level retail at 47th and Cottage Grove. The long-delayed groundbreaking on the 3-acre site at the border of ...

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Posted by Joe Zekas on April 15, 2013
ChicagoDowntown / Loop

A revised proposal for the Rosenwald Apartments

Rosenwald Apartments Chicago

Over at the Sun-Times David Roeder is reporting that a new proposal for the vacant, 5-story Rosenwald Apartments building at 47th and Michigan will go before the City Council today. The plan contemplates 235 rental apartments, 138 of which would be set aside for seniors, and 75,000 square feet of retail space. Financing for the ...

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Posted by Joe Zekas on October 3, 2012
ChicagoSouth Side

What should be done with Bronzeville’s Rosenwald Apartments?

Rosenwald for All video

The massive Rosenwald Apartments building at 47th and Michigan in the Grand Boulevard area of Bronzeville was shuttered a dozen years ago. According to local residents and business managers, it had become a gang-ridden problem zone. A business manager I spoke with told me he’d leave the area, after decades there, if the project reopened ...

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Posted by Joe Zekas on July 23, 2012
ChicagoSouth Side

Condo owners plant a garden in a Bronzeville food desert

Rosenwald for All video

I recently met with members of Rosenwald for All, a group of residents concerned that the local infrastructure is inadequate to support the redevelopment of the Rosenwald Apartments, 47th and Michigan, for its proposed use as senior and low-income housing. The existence of food deserts in major cities has been questioned recently by academics, but ...

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Posted by Joe Zekas on July 17, 2012
ChicagoSouth Side

Will massive drug bust boost Bronzeville condo values?

4343 S Michigan Chicago

Unit 4N at 4441 S Indiana just came on the market for $79,900, in the Grand Boulevard neighborhood of Bronzeville. It seems an attractive price for a condo that sold for $250,000 in May of 2006, and that’s touted by the real estate agent as able to satisfy the “pickiest buyer.” The property has recently ...

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Posted by Joe Zekas on July 2, 2012
ChicagoSouth Side

From Yo’s archive – Grand Boulevard condos gone bust

47th & Champlain  Chicago

Five years ago to the day we wrote about a new construction condo project at 4705 S Champlain Ave, where 3-bedroom, 2-bath units were priced from the $260s to the $290s. The Grand Boulevard project also included two ground-level retail spaces and 14 deeded parking spots. The copy on the mural directly across the street ...

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Posted by Joe Zekas on January 3, 2012
ChicagoSouth Side

Half a million a unit for low-income housing?

Rosenwald apartments

Back in June of 2004 we reported on one of the many schemes that have been schemed for the landmark Rosenwald Apartments – its conversion to condos at a $55 to $60 million sellout. Here’s the latest, from the Sun-Times’ David Roeder, on the Rosenwald Apartments, a block-long complex at 47th and Michigan: But after ...

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Posted by Joe Zekas on October 19, 2011
ChicagoSouth Side

Greetings from Nigeria – Bronzeville condo goes from $315K to $9,900

4343 S Michigan Chicago

In September of 2007 Afolarin Gbenga bought Unit 1N at the Michigan Manor Condo, 4343 S Michigan Ave for $315,000 with first and second mortgages totaling – you guessed it – $315,000. Sixteen months later the condo went into foreclosure. Unit 1N came back on the market two days ago at an asking price of ...

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Posted by Joe Zekas on September 20, 2011
ChicagoSouth Side

Grand Boulevard ‘masterpiece’ dips to $835K

4018 S King Dr, Chicago

This three-story greystone at 4018 S King Dr in Grand Boulevard may not have been much to look at in August, when it closed in a foreclosure sale for $486,000. By November, it was back on the market as a must-see “masterpiece,” with “every bell and whistle” added and a doubled-up price tag of $975,000, ...

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Posted by Joseph Askins on April 5, 2011

The nearly news: How five-year-old condos are faring

550 W Wellington Ave, Chicago

Condos of the 2006 vintage are cycling through their second and even third owners at this point, but they’re still young enough to count as “nearly new” in our book. Here are just three examples of five-year-old three-bedrooms currently on the market: Unit #3101 at 1720 S Michigan Ave in the South Loop: A three-bedroom ...

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Posted by Joseph Askins on February 8, 2011
ChicagoSouth Side

City approves redevelopment plan for Grand Boulevard apartment complex

View Larger Map The Community Development Commission on Tuesday approved a $26.8 million plan to replace 60 old townhome-style apartments in the the Paul G. Stewart Apartment complex with new Bronzeville Family Apartments multi-story buildings in Grand Boulevard. The city will contribute $4.5 million in TIF assistance to the project. Phase I will comprise four ...

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Posted by Joseph Askins on October 14, 2010
ChicagoSouth Side

Mixed-use Shops and Lofts in Grand Boulevard to feature 140 new apartments

Way back in April 2007, we caught wind of a proposed development in Grand Boulevard called the Shops and Lofts at 47. The mixed-use project at 47th Street and Cottage Grove Avenue was to have 167 condos, 45,000 square feet of retail space, and 15,000 square feet of office space. It never moved forward, but ...

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Posted by Joseph Askins on February 4, 2010