YoChicago http://yochicago.com Real estate news, video, guides, blog | homes, apartments, neighborhoods | Chicago & suburbs Thu, 18 Sep 2014 19:07:38 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 Deal of the week – 3 months free rent on new Lakeview apartments http://yochicago.com/deal-of-the-week-%e2%80%93-3-months-free-rent-on-new-lakeview-apartments/36491/ http://yochicago.com/deal-of-the-week-%e2%80%93-3-months-free-rent-on-new-lakeview-apartments/36491/#comments Thu, 18 Sep 2014 05:08:48 +0000 sponsored post http://yochicago.com/?p=36491

Halsted Flats, the new luxury apartment tower in Lakeview, is nearing full occupancy after opening this past spring. Winter is also approaching. That translates into fewer renters in the market, and great deals for those fortunate few.

Halsted Flats is offering three months’ free rent for a 15- to 18-month lease on three floor plans: 1-bedrooms in the “21″ tier, and 2-bedroom, 2-bath apartments in the “02″ and “14″ tiers. Before incentives, the 1-bedrooms rent from $1,928 to $2,018 and the 2-bedrooms from $2,913 to $3,108.

Other available apartments, including alcove studios, are eligible for two months’ free rent on a 12- to 14-month lease.

To qualify for these deals, renters must move in within 30 days.

All of the apartments have plank flooring in living areas, high ceilings, floor-to-ceiling windows, in-unit washer / dryers, oversized baths, and kitchens with quartz counter tops and stainless steel appliances. Select units have balconies.

Halsted Flats is a pet-friendly, steps-to-everything, full-amenity building with on-site management and leasing staff, and 24/7 door staff. Parking is available on-site.

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Unusual condo amenities – a private running track http://yochicago.com/unusual-condo-amenities-%e2%80%93-a-private-running-track/36479/ http://yochicago.com/unusual-condo-amenities-%e2%80%93-a-private-running-track/36479/#comments Thu, 18 Sep 2014 05:07:06 +0000 Joe Zekas http://yochicago.com/?p=36479

Newer downtown apartment buildings have vied to deliver elaborate amenities packages. Lavish landscaped pool decks with gas grills and fire pits, fitness centers, resident lounges, demonstration kitchens, business centers, theaters and more are common.

We’ve identified three condo buildings that can boast an unusual amenity: a private running track.

Domain, 900 N Kingsbury, has a quarter-mile rooftop track with spectacular city and skyline views.

Grand Plaza, 540 N State St, has both apartment and condo towers and a track that’s shared by all the residents. There are several putting greens adjacent to the track.

The condos at Aqua, 225 N Columbus Dr, are on the top floors of the building and share a running track with rental apartments and a hotel on the lower floors.

Have we missed any Chicago buildings that have a private running track?

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Circa 922, new apartments steps from the best of the West Loop http://yochicago.com/circa-922-new-apartments-steps-from-the-best-of-the-west-loop/36483/ http://yochicago.com/circa-922-new-apartments-steps-from-the-best-of-the-west-loop/36483/#comments Thu, 18 Sep 2014 05:05:08 +0000 sponsored post http://yochicago.com/?p=36483

Chicago’s West Loop ranges a mile-and-a-half from east to west, from the Chicago River to Ashland Ave (1600 W), and nearly a mile from Lake St (200 N) on the north to the Eisenhower Expressway on the south. In a neighborhood this large, some locations are far more convenient than others.

The new Circa 922, 922 W Washington St, has an enviable location in the West Loop, steps from shopping, dining, nightlife, transportation and a popular park.

Randolph Street’s restaurant row, a Chicagoland destination dining spot with dozens of foodie venues, is a short block north of Circa 922.

Head in any direction from Circa 922 and you may be overwhelmed by the number and variety of local restaurants.

Greektown is largely a tourist draw, but some of the restaurants are definitely worth a visit.

Mariano’s is a few blocks away and Whole Foods will be opening early next year just two short blocks east of the building.

Park space is scarce in the West Loop. Mary Bartelme Park, a popular spot for dog owners, is two short blocks south of Circa 922.

Circa 922 will be a walk-to-work location for many residents, but there’s frequent bus service into the Loop a block south on Madison, and CTA service to the Loop and near-west suburbs a few minutes’ walk to the northwest. There’s a bike lane along Washington outside the building, and cabs are always plentiful in the area.

Circa 922 is adjacent to and will share some facilities with an existing 7-story, 45-unit loft building at 123 N Sangamon. Circa 922′s amenities will include a swimming pool and sun terrace, fitness center, cyber café, coffee bar, rooftop lounge and heated parking garage.

Apartments at Circa 922 will feature plank flooring in living areas, and kitchens with quartz countertops, stainless steel appliances and subway tile backsplashes. The apartments will have private balconies, ceiling fans, and in-home washers and dryer.

Floor plans and rent information can be accessed at Circa 922′s website, which is a work in progress.

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Affordable South Loop condos with designer finishes http://yochicago.com/affordable-south-loop-condos-with-designer-finishes/36489/ http://yochicago.com/affordable-south-loop-condos-with-designer-finishes/36489/#comments Thu, 18 Sep 2014 05:04:28 +0000 sponsored post http://yochicago.com/?p=36489

CMK has developed a following among buyers who want to live in an architecturally distinctive building.

At 1345 Wabash, CMK is setting a new standard for interior finishes, and attracting a style-conscious buyer who also wants a strong location and value pricing.

1345′s finishes will include brands typically found in pricier homes:. Florense cabinetry, for example, is the standard at new Gold Coast condos priced up to $7 million. Duravit floating vanities, Grohe fixtures, TOTO toilets and TransCeramica architectural tile are some of the other premium brands that are standard at 1345 Wabash.

1345 Wabash is the first new-construction condominium in the South Loop in years. One-bedroom condos are pre-completion priced from $219,900 and two-bedrooms from $289,900. Floor plans, detailed specifications and more information can be found at the 1345 Wabash website. The cost of owning a one- or two-bedroom at 1345 Wabash compares favorably with renting a comparable unit.

A sales and design center is open at 1620 S Michigan Ave.

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Video – new Gold Coast condo tower breaks ground http://yochicago.com/video-%e2%80%93-new-gold-coast-condo-tower-breaks-ground/36469/ http://yochicago.com/video-%e2%80%93-new-gold-coast-condo-tower-breaks-ground/36469/#comments Wed, 17 Sep 2014 05:07:43 +0000 Joe Zekas http://yochicago.com/?p=36469

Convexity Properties held a ceremonial groundbreaking yesterday for 4 East Elm, the first new condominium high-rise to begin construction on Chicago’s North Side in five years and the first in the Gold Coast since 2007. The development offers 35 half- and full-floor condominiums ranging in price from $2.2 million to $7.2 million.

Sales began this past summer and nearly half of the building is under contract.

The 27-story building at the northeast corner of State and Elm streets will feature three-bedroom, 3.5-bath floor plans ranging from just under 3,100 square feet to 3,515 square feet. Plans can also be combined, allowing for full-floor residences with more than 6,600 square feet of living space.

Homeowners will also have access to a variety of amenities, including a landscaped sundeck, an outdoor pool and spa, clubhouse lounge with a full kitchen and flat-screen TV, movie screening room, fitness center, 24-hour door staff and private garage parking.

4 East Elm is scheduled for completion early in 2016.

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Video – 14 new Noah Properties homes in Logan Square http://yochicago.com/video-%e2%80%93-14-new-noah-properties-homes-in-logan-square/36471/ http://yochicago.com/video-%e2%80%93-14-new-noah-properties-homes-in-logan-square/36471/#comments Wed, 17 Sep 2014 05:06:23 +0000 sponsored post http://yochicago.com/?p=36471

A Logan Square block is about to be transformed by the construction of fourteen new single-family homes by hot-selling builder Noah Properties.

The development, billed as the Artisan Collection, will have 12 homes fronting the 2600 block of tree-lined Medill St and 2 homes around the corner on Belden.

The free-standing homes, pre-construction priced from the high $700s, will be across the street from a playground and park, and within a short walk of restaurants, shops and a CTA Blue line stop.

Brian Morand and Melissa Govedarica of Sergio & Banks are your hosts in the video.

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Video – Flexhouse2 in Logan Square nears sellout, launches new phase http://yochicago.com/video-%e2%80%93-flexhouse2-in-logan-square-nears-sellout-launches-new-phase/36473/ http://yochicago.com/video-%e2%80%93-flexhouse2-in-logan-square-nears-sellout-launches-new-phase/36473/#comments Wed, 17 Sep 2014 05:04:38 +0000 sponsored post http://yochicago.com/?p=36473

Ranquist Development has teamed with award-winning ISA Architects to develop Flexhouse2 in Logan Square. All but one of the rowhouses in the first two phases have been sold and Flexhouse2 has just launched its final phase of 16 homes.

Flexhouse2 rowhouses are modest, efficient, urban, and cool — appealing to sustainable lifestyle choices.

Rather than rigidly defined rooms and hallways, the Flexhouse flows, is more open and allows easy adaptation to a variety of uses and lifestyles. The Flexhouse offers further flexibility for the owner to customize their finish options to their personal tastes.

In the end it is an extremely flexible model that brings semi-custom modern design to a new neighborhood at a price point that could previously not be afforded in Chicago.

The 3-bedroom, 2-bath homes boast a 49-foot yard and a 2-car detached garage. The homes are pre-construction priced from the mid-$400s.

Berkshire Hathaway’s Karen Ranquist and Danielle Dowell are your tour guides in the video.

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Video – party time at Planned Property apartments http://yochicago.com/video-%e2%80%93-party-time-at-planned-property-apartments/36475/ http://yochicago.com/video-%e2%80%93-party-time-at-planned-property-apartments/36475/#comments Wed, 17 Sep 2014 05:02:14 +0000 sponsored post http://yochicago.com/?p=36475

Planned Property hosts a series of “resident appreciation events” throughout the year. They’re a great way for people to meet their neighbors while enjoying good food, drinks and a good time.

Last Sunday’s event was a Bears viewing party at Dave & Buster’s, a short walk from four of Planned Property’s Gold Coast“>Gold Coast high-rises.

Another resident party was held last week to kick off the opening of a new dog park at 632 W Addison in Lakeview East.

Planned Property owns and manages more than 3,000 apartments in prime Gold Coast, Lincoln Park and Lakeview East locations. Book an appointment online and receive a credit toward your first month’s rent.

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Today’s apartment deal – a bargain-priced Streeterville 2-bedroom http://yochicago.com/todays-apartment-deal-%e2%80%93-a-bargain-priced-streeterville-2-bedroom/36465/ http://yochicago.com/todays-apartment-deal-%e2%80%93-a-bargain-priced-streeterville-2-bedroom/36465/#comments Tue, 16 Sep 2014 17:38:51 +0000 sponsored post http://yochicago.com/?p=36465

Unit 401, a 1,226 square foot 2-bedroom, 2-bath at Streeter Place is available for October 18 rental for $2,692 a month on a12-month lease. The southwest corner unit has a similar layout to the model in the video tour, above.

To sweeten the deal, renters who sign a lease within 48 hours of their initial visit will receive a month’s free rent on a 12-month lease or two months free on an 18-month lease. The discount brings the rent below the monthly cost of many Streeterville one-bedrooms.

The apartment has the popular split-bedroom layout, a balcony, floor-to-ceiling windows and in-unit washer / dryer.

Streeter Place has a convenient location, steps from a park and a block from Lake Shore Drive and Navy Pier. Popular restaurants Yolk and Flour & Stone are in the building, and D4 is across a landscaped plaza.

Streeter Place is a full-amenity, pet-friendly building.

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How Al Friedman helped create River North http://yochicago.com/how-al-friedman-helped-create-river-north/36463/ http://yochicago.com/how-al-friedman-helped-create-river-north/36463/#comments Tue, 16 Sep 2014 05:05:23 +0000 Joe Zekas http://yochicago.com/?p=36463

The first night I ever spent in Chicago was in a fleabag hotel on Wells Street in the late-60s. The area now known as River North was then one of Chicago’s Skid Rows and my room was swarming with roaches.

Business Week recently spotlighted River North’s transition into its current affluence and a destination for tech-oriented offices. The Business Week article quotes Al Friedman, who may have been the single most important individual in the neighborhood’s transformation, and who remains a major property owner in the area.

If you watch YoChicago’s four-part interview with Al Friedman you can learn a great deal about how neighborhoods change. The second, third and fourth parts of the interview, which took place seven years ago, are below.

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The reason it was called Cloud Gate http://yochicago.com/the-reason-it-was-called-cloud-gate/36460/ http://yochicago.com/the-reason-it-was-called-cloud-gate/36460/#comments Tue, 16 Sep 2014 05:04:40 +0000 Joe Zekas http://yochicago.com/?p=36460

Chicagoans call Anish Kapoor’s Millennium Park sculpture The Bean, but its formal name is Cloud Gate.

Viewed from the plaza level it’s easy to understand how the sculpture came by its nickname. Viewed from above in the right kind of weather conditions, it’s a gateway to and from the clouds.

The above shot was taken from the roof of Millennium Park Plaza.
Millennium Park Plaza.

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Cloudy-day views from the sundeck at Park Michigan apartments http://yochicago.com/cloudy-day-views-from-the-sundeck-at-park-michigan-apartments/36456/ http://yochicago.com/cloudy-day-views-from-the-sundeck-at-park-michigan-apartments/36456/#comments Tue, 16 Sep 2014 05:02:44 +0000 Joe Zekas http://yochicago.com/?p=36456

My plans to shoot the views from the sundeck at Park Michigan were disrupted by the weather – cloudy and gloomy. I opted for some close-ups of what’s close by the South Loop apartment tower.

Jewel-Osco and Trader Joe’s are steps from the sundeck grills.

Target, the Shops at Roosevelt Collection, and Whole Foods are within walking distance of the CTA stops a block west of Park Michigan.

The view immediately east looks out on the Agora sculptures, the new skate park under construction, and the Metra Electric Line stop in Grant Park that provides service to Hyde Park, the University of Chicago and points south. In the foreground are shelters serving some of the many bus lines that criss-cross the area.

The view further east along Roosevelt Road stretches past Lake Shore Drive to the Shedd Aquarium and Museum Campus.

The sundeck is one of the new amenities at Park Michigan. There’s also a new Snap Fitness on-site, a resident lounge and a business center.

Floor plans, rents and availability information can be accessed online.

Note: Park Michigan is a YoChicago advertiser.

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A first look inside The Lofts at River East in Streeterville http://yochicago.com/a-first-look-inside-the-lofts-at-river-east-in-streeterville/36447/ http://yochicago.com/a-first-look-inside-the-lofts-at-river-east-in-streeterville/36447/#comments Mon, 15 Sep 2014 05:07:14 +0000 Joe Zekas http://yochicago.com/?p=36447

If you pass by The Lofts at River East, 445 E Illinois in Streeterville, you’ll have only a few clues to the scale of construction that’s underway inside.

The conversion of the building into 285 loft apartments is far along, and occupancy is targeted for late this year.

At the time of my visit on a rainy Friday last week the demising walls and interior walls for the apartments were framed out, and rough plumbing and electrical fixtures were in place. There were scores of workers on the site.

The apartments will have a true loft aesthetic, with timber beams, exposed brick and ductwork and high ceilings.

New openings have been cut into the south side of the building for sliding glass doors that will open onto balconies overlooking the Ogden Slip. The view to the south will be more expansive than what I could see from a window opening.

North-facing units will overlook an adjacent park.

The Lofts at River East will have an extensive amenities suite, including an 8,000 square foot multi-level roof deck.

We’ll bring you more details as they become available.

Note: The Lofts at River East is a YoChicago advertiser.

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Will the North Loop absorb all the new apartments? http://yochicago.com/will-the-north-loop-absorb-all-the-new-apartments/36450/ http://yochicago.com/will-the-north-loop-absorb-all-the-new-apartments/36450/#comments Mon, 15 Sep 2014 05:05:35 +0000 Joe Zekas http://yochicago.com/?p=36450

Five years ago there were fewer than 200 rental apartments in the Loop north of Madison St, at MDA City Apartments. Since that time nearly 1,900 apartments have become available at Randolph Tower, 215 West, Oakwood 200 Squared, 73 East Lake and OneEleven .

Construction is underway on 432 units at 200 N Michigan and 230 units are on the drawing boards at 32 W Randolph. Late last week Crain’s Chicago Real Estate Daily reported that CIM Group is moving forward on 694 units at Block 37.

When all of these projects are complete the North Loop will have more than 3,400 apartments, a 16-fold increase over 5 years ago.

Will all of the new apartments be absorbed? Of course they will, but it remains an open question how quickly that will happen, whether they’ll achieve their target rent levels, and what impact they’ll have on rents and occupancy levels in neighboring markets.

You can see all of the new apartment projects that are proposed or underway in downtown Chicago on our at-a-glance list.

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Two-bedrooms in East Village and Noble Square vie for buyers http://yochicago.com/two-bedrooms-in-east-village-and-noble-square-vie-for-buyers/36454/ http://yochicago.com/two-bedrooms-in-east-village-and-noble-square-vie-for-buyers/36454/#comments Mon, 15 Sep 2014 05:04:13 +0000 Joe Zekas http://yochicago.com/?p=36454

A newly-listed 2-bedroom, 2-bath condo at 855 N Paulina in East Village caught my eye because it’s listed at $415,000, a substantial premium over the $315,000 it sold for 3 years ago. The building is on a stretch of Chicago Ave, where retail development hasn’t kept pace with the changes in the neighborhood.

Several blocks east at 1406 W Chicago is a new 2-bedroom, 2-bath from Noah Properties, priced at $429,900.

The building, pictured above, is just west of the Ida Crown Natatorium at the 8-acre Eckhart Park in Noble Square. The Chicago Ave Blue Line stop is about an 8-minute walk to the east, and the #66 bus stops across the street.

The condo is listed with Brian Morand and Izabela Sloma of Sergio & Banks, a YoChicago advertiser.

Which of these similarly-priced properties will have greater appeal to a buyer?

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New luxury homes nearing completion in Kildeer http://yochicago.com/new-luxury-homes-nearing-completion-in-kildeer/36452/ http://yochicago.com/new-luxury-homes-nearing-completion-in-kildeer/36452/#comments Mon, 15 Sep 2014 05:02:05 +0000 sponsored post http://yochicago.com/?p=36452

Woodleaf at the Sanctuary Club is a tranquil community of 28 half-acre home sites in north suburban Kildeer.

The Portfolio Homes division of Lexington Homes, one of the area’s most experienced builders, is offering semi-custom homes at Woodleaf in a wide variety of designs. Four of the homes have been completed and sold, and two will be completed within the next few weeks.

The 4,138 square foot 4-bedroom, 4-bath home pictured here at 23103 Sanctuary Club Dr is priced at $869,990. . The home’s unusual features include a soaring 2-story family room.

Woodleaf students attend the highly-rated Stevenson High School in neighboring Lincolnshire.

A sales and design center is open at Woodleaf, just beyond the stone gatehouse at the entrance to the Sanctuary Club.

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Preview River North apartments in YoChicago video tours http://yochicago.com/preview-river-north-apartments-in-yochicago-video-tours/36444/ http://yochicago.com/preview-river-north-apartments-in-yochicago-video-tours/36444/#comments Fri, 12 Sep 2014 05:07:33 +0000 Joe Zekas http://yochicago.com/?p=36444

We immodestly think that YoChicago’s video tours, some of which are sponsored, are a great way to preview apartment communities and narrow your apartment search. Join us in these videos for a look at four full-amenity luxury apartment towers in River North.

Hubbard Place is a new 48-story, 450-unit apartment tower across from the East Bank Club at the western edge of River North.

Residents of the 48-story, 420-unit Kingsbury Plaza have direct access to the East Bank Club and to a riverwalk on the west side of the building.

The 809-unit, 52-story One Superior Place has Whole Foods in the building, and residents can take a shopping cart to their apartment.

The Bernardin is a 25-story, 171-unit boutique high-rise near the northeast corner of River North.

Drop a note to YoJoe at YoChicago dot com if you’d like us to feature your building in one of our video tours.

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Lakeview deal of the day: Play volleyball for a rent credit http://yochicago.com/lakeview-deal-of-the-day-play-volleyball-for-a-rent-credit/36442/ http://yochicago.com/lakeview-deal-of-the-day-play-volleyball-for-a-rent-credit/36442/#comments Fri, 12 Sep 2014 05:05:21 +0000 sponsored post http://yochicago.com/?p=36442

You’ll have to act quickly if you want a shot at winning the 3130 Lake Shore Drive volleyball tournament and winning the grand prize of a $1,000 rent credit for your team of four. The single-round elimination tournament takes place on Saturday, September 20.

You don’t need to play volleyball to attend 3130′s resident appreciation event that day and enjoy the DJ, fun, food and refreshments with your new neighbors at one of the few dog-friendly Lakeview East high-rises.

Book your appointment online and receive a $200 credit on your first month’s rent.

Planned Property owns and manages more than 3,000 apartments in prime Gold Coast, Lincoln Park and Lakeview East locations.

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New models open at Lexington Hills townhomes in Palatine http://yochicago.com/new-models-open-at-lexington-hills-townhomes-in-palatine/36437/ http://yochicago.com/new-models-open-at-lexington-hills-townhomes-in-palatine/36437/#comments Fri, 12 Sep 2014 05:04:51 +0000 sponsored post http://yochicago.com/?p=36437

Over a span of four decades Lexington Homes has built thousands of townhomes and continues to refine the form to mesh perfectly with the way that home buyers want to live.

Lexington Homes recently opened three new models at Lexington Hills in Palatine. The Summit model, which is base-priced from $334,990, has an open plan great room.

The home features 3 bedrooms, 2 ½ baths, an attached 2-car garage and a full basement.

A large landing area on the second level has space for a linen closet and a home office / homework nook, and affords great separation of the master suite from the second and third bedrooms.

The spacious master suite can accommodate any size bed and furniture. A vaulted ceiling and multiple windows emphasize the scale of the space.

The master suite has an oversized walk-in closet and a lavish master bath with dual-bowl vanities, a tub and separate stall shower, designer fittings, a private toilet compartment and a linen closet.

The Lexington Hills site plan has generous open space, and some of the homes abut an adjacent forest preserve. The Summit model home has a large deck off the great room overlooking a landscaped courtyard. Other homes have a walk-out patio adjacent to the great room.

Luxury townhomes at Lexington Hills range in size from 1,711 to 1,905 square feet plus basement and are base-priced from $293,990.

Visit the Lexington Hills website for more details.

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South Loop apartments with an indoor pool http://yochicago.com/south-loop-apartments-with-an-indoor-pool/36439/ http://yochicago.com/south-loop-apartments-with-an-indoor-pool/36439/#comments Fri, 12 Sep 2014 05:02:17 +0000 sponsored post http://yochicago.com/?p=36439

Astoria Tower has a full suite of amenities, and one amenity that you won’t find at any other South Loop luxury apartments: an indoor pool and whirlpool.

The pool is on a level that includes east- and west-facing sundecks with gas grills, a well-equipped fitness room and a spa room. Astoria Tower also has a business center and a media room.

For the convenience of residents there are on-site leasing and management staff, and 24/7 door staff. Residents also enjoy a year-round schedule of social events.

Visit Astoria Tower’s website for floor plans of the studio, 1- and 2-bedroom apartments, and near real-time rent and availability information.

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The West Loop’s new Circa 922 has bodacious balconies http://yochicago.com/the-west-loops-new-circa-922-has-bodacious-balconies/36427/ http://yochicago.com/the-west-loops-new-circa-922-has-bodacious-balconies/36427/#comments Thu, 11 Sep 2014 05:06:22 +0000 sponsored post http://yochicago.com/?p=36427

Bodacious is just the right word to describe the balconies at Circa 922, a new luxury apartment community at 922 W Washington in the West Loop.

Southeast corner 2-bedrom, 2-bath apartments have balconies that are impressively sized and serve up dramatic views of the Loop skyline. All of Circa 922′s apartments, even studios, have balconies and many of them are recessed so that residents can enjoy private outdoor space on a rainy day or gaze on the way the skyline glows with warm colors at sunset.

The neighboring lofts at 123 Sangamon also have bodacious outdoor space. The lofts are part of the same apartment community as Circa 922 and will have access to some of its amenities, including the landscaped pool deck.

Lofts are available for immediate occupancy at 123 Sangamon and apartments at Circa 922 will begin occupancy late this year.

Visit the website for more details, including floor plans and rent levels.

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Today’s apartment deal: Spacious Streeterville studios with lake views, free rent http://yochicago.com/todays-apartment-deal-spacious-streeterville-studios-with-lake-views/36430/ http://yochicago.com/todays-apartment-deal-spacious-streeterville-studios-with-lake-views/36430/#comments Thu, 11 Sep 2014 05:05:37 +0000 sponsored post http://yochicago.com/?p=36430

The east-facing J-plan studios at Streeter Place, a luxury apartment tower in Streeterville, offer a lot of unexpected features.

For starters, there’s space. At 655 square feet, the J-plan studio is larger than many 1-bedroom apartments. And then there’s storage: a large walk-in, a linen closet and a foyer that can accommodate an armoire. The open-plan kitchen boasts ample cabinet and counter space, a separate island, granite counter tops and a gas range.

Floor-to-ceiling windows expand the feeling of space with sweeping views over the neighboring park toward Lake Michigan. The apartment has an in-unit washer / dryer.

The deal: Streeter Place is currently offering a month’s free rent on a 12-month lease, two months free on an 18-month lease and a credit of the $400 administration fee toward the first month’s rent. To qualify for these limited time offers, you must sign a lease within 48 hours of your initial visit.

Before taking special offers into account, studios rent from $1,784 to $2,186, convertibles from $1,916 to $2,156, one-bedrooms from $2,010 to $2,512, 2-bedroom, 2-bath apartments from $2,817 to $3,410 and 3-bedroom, 2-baths at $5,473.

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Jones Chicago apartments, 220 W Illinois St, River North http://yochicago.com/jones-chicago-apartments-220-w-illinois-st-river-north/36414/ http://yochicago.com/jones-chicago-apartments-220-w-illinois-st-river-north/36414/#comments Thu, 11 Sep 2014 05:04:44 +0000 Joe Zekas http://yochicago.com/?p=36414

Jones Chicago is a 25-story, 188-unit apartment tower nearing completion at 220 W Illinois St in the River North. The building will have ground-level retail space and garage parking for 155 cars.

Reports have touted fall 2014 occupancy, but that seems unlikely.

The developers are Gerding Edlen and Fred Latsko of Structured Management, Hartshorne Plunkard is the architecture firm and Lend Lease is the general contractor.

The development proposal included restoration of the existing Chicago firehouse at the northeast corner of Illinois and Franklin Street. The firehouse is a Chicago landmark, and will be rehabilitated for commercial use.

The apartments

Jones offers studio, 1-bedroom, 1-bedroom plus den and 2-bedroom, 1- and 2-bath apartments.

A typical floor has ten apartments, with one studio, one 1-bedroom, four 1-bedroom plus dens, three 2-bedroom, 2-baths and one 2-bedroom, 1 bath apartment.

All of the apartments, including studios have private outdoor terraces or balconies.

Floor plans, without dimensions, are available online. Rent levels are not publicly available as of early September, 2014.

The apartments will have LED lighting, in-unit washer / dryers, wood-look floors in living areas, floor-to-ceiling windows, and kitchens with “cabinet fronted” appliances. Additional details are not yet available.

Views. Jones Chicago is in a largely low-rise area toward the west edge of River North.

The building’s orientation along an east / west axis maximizes the views to the north and south, but the Merchandise Mart limits Loop skyline views.

Amenities, services, policies

Jones’ amenities will include a rooftop lounge with pool table, TV area and a fully-equipped kitchen. The building will have “modern athletic facilities.”

The outdoor terrace and sundeck will have a pool, lounge chairs, cabanas, a fire pit and gas grills.

Jones’ lobby will have a fireplace, bar-top workstation and a conference room with AV equipment.

Parking is available in a 155-car on-site garage.

Jones will be pet-friendly, subject to limits, and will have a covered dog run and dog washing stations.

The location

Jones is two short blocks north of the Merchandise Mart in the southwest part of River North.

Shopping. The nearest grocery store is a Walmart Express, half a mile north on Chicago Ave.

Jewel, Whole Foods, Trader Joe’s and Mariano’s have outlets within a mile of the building. There’s a CVS Pharmacy two short blocks southwest on Hubbard St.

There’s little retail development in the immediate area, but The Shops at North Bridge and the shops along Michigan Avenue’s Magnificent Mile are only a few minutes away and furniture showrooms are abundant near Jones Chicago. For the work-at-home crowd, there’s an Office Depot a block west.

The River North Gallery District has shrunk during the economic downturn in recent years but remains a vibrant art scene.

Dining, nightlife. There are numerous dining, bar and nightlife options within a short walk of the building.

Gene & Georgetti’s, which bills itself as “Chicago’s oldest and one of its finest steakhouses” and has been known to attract celebrities, is a few steps west of Jones.

Jones residents are more likely to frequent the popular bar and restaurant scene along Hubbard St, a block south of the building.

A few short blocks east, Clark St is becoming one of the densest restaurant venues in the city.

Parks, recreation. Jones does not have convenient access to public parks, but that’s true of most River North apartment buildings. There is a dog park near the property at the southwest corner of Ohio and Orleans.

Jones has reasonable proximity to Chicago’s expanding Riverwalk.

Transportation. Public transportation is excellent. The CTA Brown and Purple lines stop a few blocks south at the Merchandise Mart. The nearest Red Line stop is about an 8-minute walk east at Grand Ave.

CTA bus routes along Grand, Wells and LaSalle connect to Streeterville, Loop and Near North destinations. Taxis regularly cruise the area.

Access to the city’s expressway grid is excellent, via the nearby Ohio / Ontario off / on ramps to I-90/94.

DIVVY bike stations are a block east and a block south of Jones. Several Zipcar car-sharing locations are nearby.

The competition

Jones’ most direct competitors are likely to be Flair Tower, EnV, Hubbard Place, Kingsbury Plaza and AMLI River North. River North Park, just west of Jones, offers a lower price point.

You’ll find additional options at YoChicago’s at-a-glance list of Near North apartments.

Rentals are typically available in a number of nearby condo buildings, sometimes at sharply lower rents than in the managed apartment buildings.

Jones Chicago in the news

More recent items are listed first.

  • New River North apartment tower tops out
  • Trail leads to Chicago for Oregon apartment developer
  • Share your take on Jones

    If you’ve visited Jones, and are not a real estate agent, add your thoughts in a comment. Comments are moderated, and commercial messages are not allowed.

    Downtown Loop, Near North Side, River North, Jones, Apartments, Rentals, New construction, High-rise, Hartshorne Plunkard, Lend Lease, Gerding Edlen


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    1345 Wabash buyer snapshot: Meet Craig and Jennifer http://yochicago.com/1345-wabash-buyer-snapshot-meet-craig-and-jennifer/36424/ http://yochicago.com/1345-wabash-buyer-snapshot-meet-craig-and-jennifer/36424/#comments Thu, 11 Sep 2014 05:02:51 +0000 sponsored post http://yochicago.com/?p=36424

    Jennifer and Craig currently reside in a rental residence in the South Loop. They recently purchased a new condominium at 1345 Wabash, and were kind enough to share with us some of the reasoning surrounding their purchase.

    What did you choose to purchase at 1345 Wabash?
    We love that 1345 Wabash is a no-amenities building. For us, paying a premium for amenities that we never use is no different than throwing money away on rent. The location is perfect and we like that it is new construction, giving us peace of mind that maintenance and repairs will be at a minimum. We also appreciate living in a building that is LEED certified, which is more cost efficient for us while being better for the environment.

    What do you like about the South Loop?
    Our favorite thing about the neighborhood is convenience. We love being close to everything: parks, beaches, museums, the Loop, our jobs, good restaurants, buses, trains, and of course Soldier Field!

    What were your deciding factors in buying at 1345 Wabash?
    We decided together that we wanted to stay in the neighborhood long term, so it’s the perfect time for us to buy. We have been looking for a residence for a few months but were unable to find a suitable condo – nothing that we liked, within our price range and in the neighborhood we wanted to be. Nothing until we discovered 1345 Wabash.

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    Flexhouse2 launches final phase in Logan Square http://yochicago.com/flexhouse2-launches-final-phase-in-logan-square/36405/ http://yochicago.com/flexhouse2-launches-final-phase-in-logan-square/36405/#comments Wed, 10 Sep 2014 05:07:46 +0000 Joe Zekas http://yochicago.com/?p=36405

    All but one of the 15 rowhouses in the first two phases of Flexhouse2 In Logan Square have been sold, and construction is about to begin on the final phase of 16 homes. The homes are priced from the mid- to high $400s.

    The Flexhouse2 design philosophy is open and flowing, with a complete lack of visual clutter, offering owners flexibility to customize the space to their own vision. Radiant-heated floors contribute to the clean look.

    The homes have back yards that are unusually large for Chicago rowhouses: 49 x 18 feet.

    The detached two-car garages have a loft area for storage.

    The final phase of Flexhouse2 is immediately west of the existing homes.

    A furnished model at 2650 N Ridgeway Ave is open Saturday and Sunday from 11 am to 3 pm.

    Note: Flexhouse2 is a YoChicago advertiser.

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    The right way to find a Streeterville apartment http://yochicago.com/the-right-way-to-find-a-streeterville-apartment/36408/ http://yochicago.com/the-right-way-to-find-a-streeterville-apartment/36408/#comments Wed, 10 Sep 2014 05:06:38 +0000 Joe Zekas http://yochicago.com/?p=36408

    Quite a few Chicago renters share the misunderstanding that they’ll save time by using a rental services a/k/a apartment finder a/k/a apartment locator to make appointments to see apartments and drive them from one to the other.

    In some neighborhoods, Streeterville being a prime example, it’s far easier to walk from one building to the next. Appointments are unnecessary, since the buildings have on-site leasing staff and are open weekdays and Saturdays and / or Sundays. You can use our at-a-glance list to check available rents and unit types in near real-time, preview some of the buildings via video tours, read objective reviews and visiting the building websites to verify office hours, building amenities and apartment finishes.

    You can see how easy Streeterville apartment hunting can be by examining the above photo. Six major apartment buildings with a total of more than 3,300 apartments are visible in the photo and The Lofts at River East will add 285 apartments on the opposite side of the park later this year.

    Thousands of additional apartments are within a few blocks of the vantage point from which the photo at the top of this post was shot.

    The major apartment buildings have knowledgeable staff who will typically give you far more accurate and complete information than you’ll get from rental service agents. Many of the rental agents are complete rookies who will simply try to steer you to the building currently paying them the highest commission rate.

    Using YoChicago’s lists and links to research apartments and visiting them on your own is the right way to find an apartment in Streeterville. Read what the rental services won’t tell you, and you may conclude that working with one is the wrong way.

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    First signs of progress on South Loop apartment site http://yochicago.com/first-signs-of-progress-on-south-loop-apartment-site/36412/ http://yochicago.com/first-signs-of-progress-on-south-loop-apartment-site/36412/#comments Wed, 10 Sep 2014 05:04:04 +0000 Joe Zekas http://yochicago.com/?p=36412

    It’s been nearly three years since the news first broke that Golub & Co was planning a 35-story, 392-unit apartment tower at the southeast corner of State St and 9th St.

    The first sign that the South Loop project may be poised to move forward is that parking is no longer available on the site, which has been fenced off.

    There are currently no records of building permits for the project in the city’s online database.

    Our aerial view of the site indicates that views from many of the apartments will be compromised by adjacent high-rises. You can see 100s more of our aerial photos at Flickr.

    West- and north-facing apartments at Astoria Tower, immediately north of the Golub site, have striking views of the downtown skyline.

    Note: Astoria Tower is a YoChicago advertiser.

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    Cash sales fall to a third of the home market http://yochicago.com/cash-sales-fall-to-a-third-of-the-home-market/36410/ http://yochicago.com/cash-sales-fall-to-a-third-of-the-home-market/36410/#comments Wed, 10 Sep 2014 05:02:49 +0000 Joe Zekas http://yochicago.com/?p=36410

    The following is from a CoreLogic news release:

    Cash sales made up 33 percent of total home sales in June 2014, the lowest share since September 2008 (considered the unofficial start of the financial crisis), and down from 36.3 percent in June 2013. While the cash sales share also fell month over month from the 34.4 percent reported in May 2014, cash sales share comparisons should be made on a year-over-year basis due to the seasonal nature of the housing market. The share has fallen year over year each month since January 2013. Prior to the housing crisis, the cash sales share of total home sales averaged approximately 25 percent. The peak occurred in January 2011, when cash transactions made up 46.2 percent of total home sales.

    Figure 1 shows the historical trend in the cash sales share by sale type. Real estate owned (REO) sales had the largest cash sales share in June at 55.3 percent, followed by re-sales (32.5 percent), short sales (31.8 percent) and newly constructed homes (16.2 percent). While the percentage of REO sales that were cash transactions remained high, REO transactions made up only 7.2 percent of total sales in June and, therefore, did not have a large influence on the overall cash sales share. In January 2011, when the cash sales share was at its peak, REO sales made up 24 percent of total sales.

    Figure 2 shows the cash sales share by state for June 2014. Florida had the largest share of any state at 50.9 percent, followed by Alabama (48.1 percent), New York (44.6 percent), Kentucky (40.1 percent) and Nevada (40 percent). Of the nation’s largest 100 Core Based Statistical Areas (CBSAs)1 measured by population, Cape Coral-Fort Myers, Fla. had the highest share of cash sales at 61.2 percent, followed by West Palm Beach-Boca Raton-Delray Beach, Fla. (60.6 percent), North Port-Sarasota-Bradenton, Fla. (59.8 percent), Miami-Miami Beach-Kendall, Fla. (58.7 percent) and Fort Lauderdale-Pompano Beach-Deerfield Beach, Fla. 58.5 percent). Washington-Arlington-Alexandria, D.C.-Va.-Md had the lowest cash sales share at 15.6 percent.

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    Gateway apartments underway in the West Loop http://yochicago.com/gateway-apartments-underway-in-the-west-loop/36398/ http://yochicago.com/gateway-apartments-underway-in-the-west-loop/36398/#comments Tue, 09 Sep 2014 05:07:03 +0000 Joe Zekas http://yochicago.com/?p=36398

    Construction permits were issued late last month for the foundation of a 17-story, 167-unit apartment tower at 11 S Green in the West Loop.

    A tower crane has been erected on the site, which is part of the Gateway project that includes the new Mariano’s on Halsted St.

    Lennar Multifamily is the project’s developer. Antunovich Associates is the architecture firm and Walsh Construction is the general contractor.

    We’re guesstimating that the project will begin delivering apartments late next year. We’ve updated our at-a-glance list of new downtown apartments with that information. We’ve also updated the estimated delivery dates of a number of other projects.

    We’re currently showing a total of over 9,000 apartments coming to market from 2013 to 2015 in the area bordered by the Stevenson Expressway, Lake Michigan, North Ave (1600 N) and Ashland Ave (1600 W). More than 4,000 of those units will be added next year.

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    Some wow-factor apartments still available at Halsted Flats http://yochicago.com/some-wow-factor-apartments-still-available-at-halsted-flats/36402/ http://yochicago.com/some-wow-factor-apartments-still-available-at-halsted-flats/36402/#comments Tue, 09 Sep 2014 05:05:24 +0000 sponsored post http://yochicago.com/?p=36402

    Halsted Flats, the first new luxury apartment tower built in Lakeview in nearly 30 years, is 87% leased but some “wow factor” units are still available.

    South-facing 2-bedroom, 2-bath apartments on the 10th and 12th floors share the dramatic view you see above from all of the rooms and from a balcony that also serves up a view over Wrigley Field.

    The 1,080 square foot homes have the split-bedroom plan that’s popular with roommates and people who work from home. Both bedrooms have walk-in closets, and both baths are large and have oversized vanities. The master bath has a stall shower in lieu of a tub.

    The available apartments rent for $2,989 and $3,074 before taking into account a free rent offer that’s in effect for a limited time for September move-ins.

    The bedroom in two northwest corner apartments has floor-to-ceiling windows on two sides, flooding the space with light. You need to be there to feel the full impact of the windows. This one-bedroom floor plan also has a balcony.

    The available apartments rent for $2,243 and $2,303 before taking into account a free rent offer that’s in effect for a limited time for September move-ins.

    All of the apartments at Halsted Flats have in-unit washer / dryers and wide plank flooring in living areas/

    Halsted Flats has a full suite of amenities highlighted by a large, lavishly landscaped pool deck.

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    New City Apartments, 1501 N Halsted St, Near North Side http://yochicago.com/new-city-apartments-1501-n-halsted-st-near-north-side/36370/ http://yochicago.com/new-city-apartments-1501-n-halsted-st-near-north-side/36370/#comments Tue, 09 Sep 2014 05:04:17 +0000 Joe Zekas http://yochicago.com/?p=36370

    New City is a 19-story, 199-unit apartment tower that is under construction on the Near North Side.

    The building is part of New City, a major development on an 8 ½-acre site bounded roughly by Halsted St and Clybourn Ave. New City will include 400,000 square feet of retail, restaurant and office space, and an 1,100-car parking garage.

    Confirmed tenants at New City include an 82,000 square foot Mariano’s, ArcLight Cinemas, Dick’s Sporting Goods, Kings Bowl America, Z Gallerie, Yard House, Adobe Gila’s,Earl’s Kitchen and Good Stuff Eatery.

    Bucksbaum Retail Properties and Structured Development are the developers. OKW is the architecture firm and Power Construction is the general contractor.

    The apartments

    Information about the unit mix and apartment finishes is not yet publicly available. Occupancy is slated for the latter part of 2015.

    Views. New City’s location affords it sweeping, uninterrupted views of the Chicago skyline to the north, east and south.

    The above view was shot from a nearby high-rise, but it should be a reasonable approximation of the view southeast from a high floor at New City.

    Amenities, services, policies

    The amenities package has not been formally announced, but it should track what’s shown on available renderings.

    Renderings show a large, landscaped deck above the parking podium, with an outdoor pool, multiple seating areas and gas grills. Additional amenities include a resident lounge, “cyber café,” business center, theater room, a fitness center with a separate yoga room, men’s and women’s locker rooms and resident storage.

    The location

    New City’s location is easily misunderstood because of the density of auto-oriented retail development in the Clybourn Corridor. It’s a far more pedestrian-friendly and interesting venue than is apparent at first blush.

    Shopping. Whole Foods’ Lincoln Park store is two short blocks west of New City. It’s not, of course, in Lincoln Park. The store spans 75,000 square feet and was the third-largest Whole Foods in the world when it opened in 2009. The Mariano’s slated for New City is larger than the Whole Foods and will be more accessible to New City residents.

    The immediate area, i.e. the Clybourn Corridor, offers an incredible and growing array of retail options, from national brand big-box stores to small boutiques, all within a short walk of New City.

    A sleek Apple Store is at Halsted and North Ave.

    Dining, nightlife, entertainment. New City residents will have a number of dining and drinking establishments on-site, and they’ll find a wide selection of additional options in the immediate area, ranging from the casual to the formal.

    Casual venues steps from New City include Sully’s House and Burger Bar Chicago.

    Dive bar aficionados will love the proximity to Weeds, a short stroll, stumble or crawl from New City.

    The Steppenwolf and Royal George theatres are a few blocks from New City.

    Parks, recreation. Stanton Park is near the building, but New City has relatively poor access to public parks and outdoor recreational space.

    Transportation. Public transportation is excellent. The CTA Red Line stop at North Avenue connects to the Loop and to Wrigley Field, US Cellular Field, and points further north and south. CTA bus routes frequently traverse Halsted St and North Ave.

    New City has convenient access to I-90/94 via North Ave. At peak hours and on weekends, however, travel can be tediously slow due to the local retail density and Lincoln Park and North Avenue beach traffic.

    There’s a Zipcar location a block west. A DIVVY bike station is a block northwest.

    The competition

    New City’s most direct competitors among the newer buildings are 1225 Old Town and SoNo East.

    You’ll find additional options at YoChicago’s at-a-glance list of Near North apartments.

    New City in the news

    More recent items are listed first.

  • New City apartments rising rapidly
  • North side development lands major tenants
  • Share your take on New City

    If you’ve visited New City, and are not a real estate agent, add your thoughts in a comment. Comments are moderated, and commercial messages are not allowed.

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    CAR panel says it’s ethical to violate Illinois law http://yochicago.com/car-panel-says-its-ethical-to-violate-illinois-law/36393/ http://yochicago.com/car-panel-says-its-ethical-to-violate-illinois-law/36393/#comments Mon, 08 Sep 2014 23:36:43 +0000 Joe Zekas http://yochicago.com/?p=36393

    Last Thursday an Ethics Hearing Panel of the Professional Standards Committee of the Chicago Association of Realtors (“CAR”) heard my complaint that a Realtor had violated Standard of Practice 12-4 of the Realtor Code of Ethics by advertising a property for rent without authority.

    My complaint had been filed on April 13 and related to ads appearing on that date. At the hearing the Realtor testified under oath that he had been given verbal authority on April 1 to advertise the property by a representative of the property. I presented an email from the property manager dated April 13 advising me that the Realtor did not have authority to advertise the property.

    The Realtor’s attorney presented a copy of a brokerage agreement dated as of April 21 but not signed by a representative of the property until May 21. The brokerage agreement authorized the Realtor to advertise the property only on his own website. Ads on the broker’s website formed the basis of my ethics complaint.

    Standard of Practice 12-4 of the Realtor Code of Ethics dictates that Realtors “shall not offer for sale/lease or advertise property without authority.” The Illinois Real Estate License Act, 225 ILCS 454/20-20 (26), prohibits licensees from “advertising by any means that any property is for sale or for rent without the written consent of the owner or his or her authorized agent.”

    The brokerage agreement provided by the Realtor’s attorney is incontrovertible proof that the Realtor did not have the written authority that state law requires to advertise the property until May 21, the date it was accepted by the property.

    The hearing panel’s findings of fact accepted the Realtor’s claims of verbal authority and also found that I had presented no evidence that the Realtor did not have authority. The panel apparently accepted the Realtor’s attorney’s contention that the email I presented from the property manager was hearsay and did not accept my contention that the Realtor’s reports of a conversation with a representative of the property were hearsay.

    The hearing panel decided that the Realtor had not violated Standard of Practice 12-4 of the Realtor Code of Ethics. The decision, in effect, says that a Realtor is acting ethically while violating state law requiring written authority to advertise.

    Prior to the hearing I had not been provided the name of the person at the property who purportedly gave the Realtor verbal authority to advertise. I contacted that person immediately after the hearing and was told that no such authority had been given. The Realtor had lied under oath to the Ethics Hearing Panel.

    I’ve written repeatedly about CAR’s unserious approach to its Code of Ethics. Based on the decision of its hearing panel, CAR apparently has an equally unserious approach to a Realtor’s obligations to comply with Illinois law.

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    New Medical District apartments may start next spring http://yochicago.com/new-medical-district-apartments-may-start-next-spring/36374/ http://yochicago.com/new-medical-district-apartments-may-start-next-spring/36374/#comments Mon, 08 Sep 2014 05:05:20 +0000 Joe Zekas http://yochicago.com/?p=36374

    The Gazette is reporting that construction is targeted to begin next spring on a $300 million development in the Illinois Medical District, a 560-acre part of the Near West Side neighborhood.

    The development, on a 9.5-acre site at 2020 W Ogden Ave, will include a 16-story apartment tower with 200 to 250 apartments, according to the report. An early rendering of the apartment tower is above.

    The Gazette reports that the project will undergo a multi-layer process of gaining community and city approval. A year ago the Sun-Times reported that the Illinois Medical District Commission “oversees a special zoning area outside of the city’s review, so it can promise expedited construction permits” for the project.

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    Rent a true penthouse with a spectacular skyline view http://yochicago.com/rent-a-true-penthouse-with-a-spectacular-skyline-view/36367/ http://yochicago.com/rent-a-true-penthouse-with-a-spectacular-skyline-view/36367/#comments Mon, 08 Sep 2014 05:04:57 +0000 sponsored post http://yochicago.com/?p=36367

    True penthouse units are rarely available for rent but K2, a luxury apartment tower in the Fulton River District, currently has two for immediate occupancy.

    The 1,744 square foot Unit 3305 features 3 bedrooms, 2 full baths and a powder room, plank flooring in the living areas, floor-to-ceiling windows, side-by-side washer/ dryer and a private terrace that stretches nearly 50 feet. The master suite has two walk-in closets, and a large master bath with two vanities and a separate tub and stall shower. All of the rooms boast spectacular views of the downtown skyline. The apartment is available for immediate occupancy for $6,500 a month.

    The 3-bedroom, 2 ½ bath Unit 3304 spans 1,519 square feet and serves up views to the north. It’s also available now, for $6,000 a month.

    K2 is a pet-friendly, high-service, full-amenity new tower in a gateway location close to the Loop, River North, River West and the West Loop.

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    Chicago’s best free apartment finder http://yochicago.com/chicagos-best-free-apartment-finder/36363/ http://yochicago.com/chicagos-best-free-apartment-finder/36363/#comments Mon, 08 Sep 2014 05:02:58 +0000 Joe Zekas http://yochicago.com/?p=36363

    If you’re searching for an apartment in Chicago’s downtown, Lincoln Park and Lakeview neighborhoods, YoChicago is the best way to yelp you find one.

    We’re an objective, visually rich website with comprehensive apartment reviews, all-inclusive at-a-glance lists, neighborhood maps and guides, narrated video tours and a great deal more.

    If you like what you see here and know someone who’s looking for an apartment, please recommend us.

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    The Lofts at River East, 445 E Illinois St, Streeterville http://yochicago.com/the-lofts-at-river-east-445-e-illinois-st-streeterville/36347/ http://yochicago.com/the-lofts-at-river-east-445-e-illinois-st-streeterville/36347/#comments Sun, 07 Sep 2014 19:14:35 +0000 Joe Zekas http://yochicago.com/?p=36347

    The Lofts at River East is one of Chicago’s most distinctive structures, and a reminder of the lakefront’s industrial past. The building is what remains of the Pugh Terminal Warehouse (PDF), which was built between 1905 and 1920 and consisted of 18 modules that stretched about a third of a mile along the Ogden Slip toward Lake Michigan. Parts of the Ogden Slip have been filled in and all but seven of the original modules have been demolished.

    The 6-story north side of the building, fronting Illinois St, is clad in red face brick. The 7-story south side along Ogden Slip is faced with yellow common brick. If the building were tilted upright, it would be one of the tallest structures in Streeterville.

    The building has hosted a variety of uses and been known by a variety of names during its more than 100-year life span. In the early 1990s it was revived as North Pier , a shopping and dining destination, and later as River East, a mix of office and other uses. Plans for conversion of the building to loft condominiums collapsed along with the real estate market in the latter part of the last decade.

    The Lofts at River East is transforming this iconic piece of Chicago history into 285 luxury apartments. The renovation is in process, and first occupancies are expected late in 2014. The developer is an affiliate of Group Fox.

    The apartments

    Information about the apartment sizes and finishes is not yet publicly available.

    As the only loft rental building in Streeterville, The Lofts at River East will offer a distinct alternative to the contemporary high-rises that dominate the area.

    The photo above was shot in a model for the condo conversion planned for the site a half-dozen years ago. It illustrates the building’s high ceilings, mill-timber construction, and the character-rich aesthetic that’s likely in The Lofts at River East.

    Windows on the south side of the building have been enlarged. Many of the south-facing units will have balconies, an uncommon feature in newer Streeterville apartments, overlooking the Ogden Slip.

    Views. The Lofts at River East is on a direct east-west axis that affords all of the apartments park or water views.

    Amenities, services, policies

    The Lofts at River East has announced that it will have an extensive suite of amenities, the details of which are currently being finalized.

    The building has no on-site parking, but parking is available in a public underground garage across the street and at a number of nearby locations.

    The location

    The Lofts at River East is in the southeast corner of Streeterville, in a striking location on the Ogden Slip. It’s the only building in the neighborhood with direct waterfront access.

    The property has a long, tree-shaded terrace fronting the Ogden Slip on the south, and a 3-acre park immediately to the north.

    Navy Pier and other nearby attractions make the location a major tourist draw, which is either a plus or a minus, depending on your preferences.

    Shopping. Whole Foods is opening in January, 2015, two blocks northwest of the building. Treasure Island, which bills itself as “America’s most European supermarket,” is a few blocks northeast.

    A Walgreen’s Pharmacy is a block west of the building.

    Michigan Avenue’s Magnificent Mile shops begin a few blocks west of the building.

    Dining, nightlife, entertainment. Streeterville isn’t known as a dining or nightlife destination, but there’s a surprisingly rich array of options in the neighborhood, and River North restaurants and bars are a short walk to the west.

    Yolk and D4 are popular venues a short block north of The Lofts at River East.

    Lizzie McNeill’s Irish Pub and Chicago Burger are along the river, just south of the building. Head east to the restaurants at Navy Pier if you’re in a tourist state of mind. Head west and you’ll quickly encounter a restaurant-dense environment, with something for almost every mood and palate.

    Pinstripes “bowling, bocce and bistro” has leased space in the building for 14 bowling lanes, 6 bocce courts and a restaurant.

    Lucky Strike bowling and the AMC River East theaters are a block west of The Lofts at River East.

    Parks, recreation. Residents at The Lofts at River East will have very convenient access to a variety of parks and recreational opportunities.

    Navy Pier, Jane Addams Memorial Park, Ohio Street Beach, Millennium Park and, the 18-mile Lakefront Trail are all nearby.

    There’s a 3-acre park with a dog run and fountains across the street from the building. Chicago Line cruises depart from the dock outside the building on the Ogden Slip.

    River Esplanade Park, site of Centennial Fountain, and the water cannon, is two short blocks south of the building.

    Lake Shore Park, which has a running track, softball fields, tennis courts, a playground and a small field house, is a half-mile north.

    Transportation. The location is served by a number of east – west CTA bus routes, which provide frequent service to the area.

    Access to and from Lake Shore Drive, as you’d expect, is superb. Crosstown access to I-90/94 northbound can often involve a tedious, time-consuming slog with near-gridlock conditions when there’s a major event in the neighborhood. Lake Shore Drive provides good access to I-55 and nearby Lower Wacker Drive is a relatively rapid route to I-290 and southbound I-90/94.

    Zipcar car-sharing locations are within a block of the building. DIVVY bikes are just outside the building and taxi service is readily available, 24/7.

    The competition

    You’ll find every Streeterville apartment building on YoChicago’s at-a-glance list of Near North apartments, with links to reviews, video and more.

    Rentals are typically available in a number of nearby condo buildings, sometimes at sharply lower rents than in the managed apartment buildings.

    The Lofts at River East in the news

    More recent items are listed first.

  • New lofts underway in Streeterville
  • Ogden Slip, Encyclopedia of Chicago
  • The Pugh Terminal Warehouse (pdf)
  • Charting a new course for old North Pier Terminal
  • Share your take on The Lofts at River East

    If you’ve visited The Lofts at River East, and are not a real estate agent, add your thoughts in a comment. Comments are moderated, and commercial messages are not allowed.

    Note: The Lofts at River East is a YoChicago advertiser.

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    Circa 922 apartments nearing occupancy in West Loop http://yochicago.com/circa-922-apartments-nearing-occupancy-in-west-loop/36335/ http://yochicago.com/circa-922-apartments-nearing-occupancy-in-west-loop/36335/#comments Fri, 05 Sep 2014 05:08:17 +0000 Joe Zekas http://yochicago.com/?p=36335

    Circa 922, an 11-story, 104-unit apartment building that’s nearing completion at 922 W Washington in the West Loop, has just gone live with a new website. The building has begun accepting applications for occupancy later this year for studio to 3-bedroom apartments.

    The picture above, shot from 123 N Sangamon, is a close proxy for the views from Circa 922.

    Circa 922 has a strong West Loop location a short block south of Randolph Street’s restaurant row, and a few minutes’ walk from the new CTA stop at Morgan, Google’s new offices at 1K Fulton, Mariano’s, the Whole Foods opening next year on Halsted St, and Greektown. A block south of the building, buses along Madison St provide frequent service into the Loop.

    Circa 922 is adjacent to and will share some facilities with an existing 7-story, 45-unit loft building at 123 N Sangamon. Circa 922′s amenities will include a swimming pool and sun terrace, fitness center, cyber café, coffee bar, rooftop lounge and heated parking garage.

    Apartments at Circa 922 will feature plank flooring in living areas, and kitchens with quartz countertops, stainless steel appliances and subway tile backsplashes. The apartments will have private balconies, ceiling fans, and in-home washers and dryer.

    Floor plans and rent information can be accessed at Circa 922′s website, which is a work in progress.

    Note: Circa 922 is a YoChicago advertiser.

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    New single-family homes slated for Sauganash http://yochicago.com/new-single-family-homes-slated-for-sauganash/36329/ http://yochicago.com/new-single-family-homes-slated-for-sauganash/36329/#comments Fri, 05 Sep 2014 05:07:35 +0000 Joe Zekas http://yochicago.com/?p=36329

    For some months now there’s been a sign announcing Sauganash Glen on a site in the 4200 block of W Peterson Ave.

    Sales were originally slated to begin this past spring, with models opening this summer. Current plans call for sales to start in January or February of next year.

    The development, in the leafy Sauganash neighborhood, will consist of 35 freestanding single-family homes ranging in size from 4,200 to 4,500 square feet. The 2-story homes will have full finished basements and detached 3-car garages. Prices will range upwards from the mid-$700s.

    http://yochicago.com/new-single-family-homes-slated-for-sauganash/36329/feed/ 2
    Webster Square condo details emerging http://yochicago.com/webster-square-condo-details-emerging/36338/ http://yochicago.com/webster-square-condo-details-emerging/36338/#comments Fri, 05 Sep 2014 05:05:28 +0000 Joe Zekas http://yochicago.com/?p=36338

    An @properties webpage has begun surfacing details of the condo offerings at Webster Square, 550 W Webster in Lincoln Park.

    Residences at Webster Square, the condo portion of the development, will offer one-, two- and three-bedroom condos with 1 ½ to 3 ½ baths, priced from $480,000 to $2,000,000. South-facing units will have dramatic skyline views.

    Building services and amenities will include 24-hour door staff, heated underground parking, a fitness center and a half-acre private courtyard.

    The condos, in the building that formerly housed Lincoln Park Hospital, are part of the larger Webster Square master-planned community. The development includes the new luxury apartments featured in the above video, eight custom single-family home sites along Grant Street, and neighborhood retail, including the first Chicago location for gourmet grocery store Mrs Green’s Natural Market.

    Note: Webster Square apartments is a YoChicago advertiser.

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    A time-saving way to search Craigslist apartment ads http://yochicago.com/a-time-saving-way-to-search-craigslist-apartment-ads/36341/ http://yochicago.com/a-time-saving-way-to-search-craigslist-apartment-ads/36341/#comments Fri, 05 Sep 2014 05:02:51 +0000 Joe Zekas http://yochicago.com/?p=36341

    A few months ago we identified the top 10 apartment ad spammers at Craigslist. As you might expect, they’re all Chicago rental services a/k/a apartment locators a/k/a apartment finders.

    Chicago’s sleazy rental services set out to confuse and frustrate you into using their so-called “services” by running many 1,000s of repetitive ads at Craigslist, in clear violation of Craigslist’s terms of service. You have to wonder why anyone would buy into the notion that they’ll save time by using a rental service that deliberately set out to waste their time.

    Use our single-click Craigslist spam reducer to save time. Start your Craigslist apartment search by clicking YoChicago’s Craigslist spam reducer and you’ll eliminate more than 10,000 ads from the top six spammers on our list.

    You’ll find almost all of the properties in Craigslist rental service spam ads (and a lot more) on YoChicago’s at-a-glance apartment lists. We also offer detailed reviews of major apartment buildings from the South Loop to Lakeview, along with narrated video tours of many of them.

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