Real estate news & trends

Search posts

Cityfront Place

ChicagoDowntown / Loop

Streeterville’s best apartments – Private outdoor space

Cityfront Place view

Earlier posts in our series on the best Streeterville apartments focused on location. We spotlighted the buildings with the best views and most convenient access to grocery shopping, bars and restaurants, retail shops, public transportation, parks and beaches and the expressway grid, and the shortest walk to the Loop. We then switched from location to ...

Comment Read the full article →
Posted by Joe Zekas on January 21, 2014
ChicagoDowntown / Loop

Cityfront Place apartments, 400 N McClurg Ct, Streeterville

Cityfront Place

Cityfront Place, 400 N McClurg Court, is a 39-story, 480-unit apartment tower that was completed in 1991. It’s located on the north side of the Chicago River in Streeterville. The development originally included two 12-story mid-rise buildings that have since converted to condos. The Habitat Company was the developer of Cityfront Place, Gelick Foran & ...

Comment Read the full article →
Posted by Joe Zekas on September 30, 2013
ChicagoDowntown / Loop

Sorry about that northwest view, Cityfront Place

Aerial view of Cityfront Place

The tower portion of Cityfront Place, 400 N McClurg Ct, is rotated at a 45-degree angle from the building’s parking podium. The reason for the rotation is easy to understand: it maximized the views from the apartments in all directions. The above aerial shots should allow you to get a fairly good fix on the ...

Comment Read the full article →
Posted by Joe Zekas on September 25, 2013
ChicagoDowntown / Loop

Crescent Heights flips Cityfront Place for large gain

Cityfront Place

Crain’s Chicago Business is reporting (subscription required) that Miami-based Crescent Heights has agreed to sell the 39-story, 480-unit Cityfront Place for “about $106 million, just 17 months after buying the riverside high-rise for $82 million.” The sale reflects the rapid turnaround and increased rents in the downtown Chicago rental market during the past several years.

Comment Read the full article →
Posted by Joe Zekas on April 24, 2011
ChicagoDowntown / Loop

Quote of the day: ‘An apartment-flipper market’

“It’s almost like we went from a condo-flipper market to an apartment-flipper market.” – Ron DeVries, vice-president at Appraisal Research Counselors, on Crescent Heights‘ attempt to sell the 39-story, 480-unit CityFront Place apartment high-rise in Streeterville for $100 million or more, just a year after it bought the building for $82 million. Such a deal ...

Comment Read the full article →
Posted by Joseph Askins on January 20, 2011