Real estate news & trends

Search posts

Condominiums

ChicagoDowntown / Loop

Trib surfaces first rendering of Stern tower

Stern rendering

The Chicago Tribune reported late yesterday that a 67-story, 500 unit apartment and condo tower has been proposed for a site at 451 E Grand Ave in Streeterville. The site is immediately west of the new 500 Lake Shore Drive. The tower, designed by architect Robert A.M. Stern, would include 400 apartment units and 100 ...

Comment Read the full article →
Posted by Joe Zekas on July 18, 2014
ChicagoDowntown / Loop

1345 Wabash condos begin to rise in South Loop

1345 Wabash

Probably the most important milestone in the completion of a high-rise building is the erection of the tower crane that does the heavy lifting of the building’s materials. The tower crane at 1345 Wabash was fully assembled during the past several days, despite some weather-related delays. The first new condominium high-rise built in the South ...

2 comments Read the full article →
Posted by sponsored post on June 27, 2014
ChicagoDowntown / Loop

New South Loop condos in a convenient, fun location

1345 Wabash

1345 Wabash, which is under construction in the South Loop, is the first new condo high-rise in the neighborhood in six years. The building has a terrific location, within a short walk of bars, destination restaurants, grocery shopping, parks and public transportation. 1345 Wabash is aiming to set a higher standard for design and style. ...

Comment Read the full article →
Posted by sponsored post on June 23, 2014
ChicagoDowntown / Loop

Sample the best of the South Loop lifestyle on Wabash

Zapatista

The forecast is for comfortably warm and sunny weather this weekend, perfect conditions for an early alfresco dinner before Saturday night’s Blackhawks playoff game. Head for the 1300 block of Wabash in the South Loop, where you’ll find four great restaurants with outdoor seating: Gioco, Zapatista, Asian Outpost and Flo & Santos. Whichever restaurant you ...

Comment Read the full article →
Posted by sponsored post on May 23, 2014
ChicagoNorth Side

Luxury condos to replace Old Town Triangle strip mall

328 W Wisconsin

An office strip mall at 1920 N Lincoln Ave (pictured above) in the Old Town Triangle is slated to be demolished and replaced by a 7-unit luxury condominium development. Belgravia Group is developing the project which will have 328 W Wisconsin as its address. Two units were recently listed in the MLS. Unit 2W is ...

Comment Read the full article →
Posted by Joe Zekas on May 20, 2014
ChicagoDowntown / Loop

South Loop construction update, 1345 Wabash

1345 Wabash

The pilings that will support the new 15-story condo building at 1345 Wabash are in the ground and the pile-driving crane is being disassembled and readied for removal from the site. The Komatsu excavator toward the right of the photo is working on the base of the tower crane, which is slated to begin rising ...

Comment Read the full article →
Posted by sponsored post on May 20, 2014
ChicagoDowntown / Loop

Realtors plan mega-development on Michigan Ave

430 N Michigan Ave

From yesterday’s Chicago Tribune: A key parcel on the south end of Chicago’s Magnificent Mile appears headed for redevelopment in an ambitious project that would include a high-end hotel, condominiums, offices and stores between North Michigan Avenue and Wabash Avenue. The National Association of Realtors’ board of directors unanimously voted Monday to move forward with ...

3 comments Read the full article →
Posted by Joe Zekas on November 12, 2013
ChicagoDowntown / Loop

The Montgomery, 500 W Superior St, River North

The Montgomery

The Montgomery, 500 W Superior St in River North, was built in 1972 as an office building for Montgomery Ward & Co. The 28-story building was converted to residential condominiums in 2005, and is one of the more upscale buildings in the western part of River North. The units The 245-unit Montgomery has a mix ...

Comment Read the full article →
Posted by Joe Zekas on August 6, 2013
ChicagoDowntown / Loop

400 East Randolph hits the 50-year mark

400 East Randolph

The 400 Condominium Association, 400 East Randolph, will mark its 50th anniversary on August 11th, 2013, from 4 p.m. to 8 pm with a special event at the Atlantic Ballroom in the Radisson Blu Hotel on North Columbus Dr. The T-shaped 956-unit building opened in 1963 as the Outer Drive East Apartments, and converted to ...

Comment Read the full article →
Posted by Joe Zekas on August 6, 2013
ChicagoDowntown / Loop

A 235 Van Buren commute, via water taxi to Michigan Ave

Chicago Water Taxi

The award-winning Ralph Johnson-designed condominium tower at 235 Van Buren in Chicago’s Loop is transit-oriented development at its best. A CTA Brown and Purple Line station is just around the corner, Union and Ogilvie stations and the CTA’s Red Line are a few blocks away, and 235 has some of the best expressway access in ...

2 comments Read the full article →
Posted by sponsored post on May 23, 2013
ChicagoDowntown / Loop

Dialing for dollars at Mondial in River West

Mondial roof deck

Exactly five years ago today we checked up on the construction status of Mondial, a new condominium project then underway at 900 W Huron in River West, and found it approximately half complete. Mondial ran head-on into a tough condo market. Sales stalled and the original developer pulled the units from the market, offered them ...

Comment Read the full article →
Posted by Joe Zekas on May 13, 2013
ChicagoNorth Side

Three Lincoln Park luxury home sites – a cheery Orchard check-off

1859 N Orchard Chicago

Last August we looked in on a 44-foot wide lot at 1859 N Orchard, pictured above, where a developer had paid $2,550,000 to acquire four condominium townhomes and proposed to build a home on the site for $6,950,000. The to-be-built home is still listed at that price. Earlier this year the property was also listed ...

1 comment Read the full article →
Posted by Joe Zekas on April 23, 2013

What’s a private Bucktown roof deck worth?

1611 N Hermitage Chicago

Eighteen new condominiums are planned for 1611 N Hermitage in Bucktown, according to recent listings. The 3-bedroom, 2-bath units will be above commercial space along North Avenue at the current site of the Citgo pictured above. The units will feature “exceptional refined finishes,” private elevators, “lavish master suites” and heated garage space. Pre-construction prices range ...

9 comments Read the full article →
Posted by Joe Zekas on March 13, 2013
ChicagoDowntown / Loop

Habitat adds 21 East Chestnut to condo management portfolio

21 East Chestnut, aerial view

The Habitat Company is best known to many Chicagoans as a developer of high-rise apartments, including the 43-story, 450-unit tower currently underway at 360 W Hubbard in River North. The company’s diverse service portfolio also encompasses the management of 20,000 units of public, affordable, market-rate and student housing – and condominiums – in six states. ...

Comment Read the full article →
Posted by Joe Zekas on November 29, 2012
Northwest suburbsArlington Heights

Arlington Heights condos high on aesthetics and value

Fountains of Arlington Heights, Arlington Heights, IL

The Fountains of Arlington luxury condo development is a stately vision as you drive down Rand Road in the northwest suburb – a pair of buildings with architectural detailing, arched windows and relief from your ordinary apartment complex facade. A community of more than 100 units, this newer development is close to transit, schools and ...

6 comments Read the full article →
Posted by sponsored post on August 15, 2012
ChicagoDowntown / Loop

Quote of the day – usable rooftop surfaces fundamental to modernism

Erie on the Park, Chicago

Several scaffolds and teams of workmen were hanging from Erie on the Park, 510 W Erie, last week. The building, which was completed 10 years ago, was dubbed “Little John” by the Tribune’s Blair Kamin, who saw in it a resemblance to Big John, i.e. Chicago’s Hancock Building. I’ve seen both buildings many times and ...

3 comments Read the full article →
Posted by Joe Zekas on August 8, 2012
ChicagoNorthwest Side

Calling a bottom at Logan View in Logan Square

3125 W Fullerton Chicago

It’s been 5 years to the day since we reported price reductions and a “developer closeout” at Logan View Condominiums, 3125 W Fullerton, in Logan Square. After glancing at the record of a 3-bedroom, 2-bath unit that sold for $388,000 in 2006 and resold last month for $200,000, I headed to the site yesterday for ...

8 comments Read the full article →
Posted by Joe Zekas on July 31, 2012

New Orland Park condos at Fountain Hills

Fountain Hills condos, Orland Park IL

Orland Park is one of Chicagoland’s most vibrant suburbs, with golf courses, forest preserves, great schools, and all sorts of recreational opportunities.  Fountain Hills is an already established neighborhood in southwest Orland Park, near I-80, I-355, Route 45 and the Metra commuter rail station. The Residences at Fountain Hills is building out impressive five-story condominium ...

Comment Read the full article →
Posted by sponsored post on July 26, 2012
ChicagoDowntown / Loop

The views from the Gold Coast’s Ambassador House

View from 1325 N State Pkwy Chicago

The Ambassador House condominium, 1325 N State Pkwy, has one of the better roof decks you’ll find anywhere in the city. Its sheer size is one of the attractions. There seems to be enough space to accommodate all the residents of the building’s 112 units in the unlikely event that they all headed for the ...

Comment Read the full article →
Posted by Joe Zekas on May 31, 2012

Is buying a foreclosed Skokie condo a good gamble?

8828 Niles Center Rd Skokie IL

Crain’s Chicago Real Estate Daily recently reported on a developer who’s in foreclosure – for the second time – on the 70-unit Skokie Gardens Condominiums, 8828 Niles Center Rd in Skokie. The developer’s not alone in Chancery Court – a number of the original buyers in the development have also seen their units go through ...

5 comments Read the full article →
Posted by Joe Zekas on March 13, 2012