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ChicagoDowntown / Loop

The views from 1345 Wabash in the South Loop

View from 1345 Wabash

I recently rode the construction elevator to the 15th floor of 1345 Wabash and climbed two flights of stairs to the roof to be greeted by the panoramic view you see above. You’d have to swivel your head from to side to side to take in the full panorama. The shots above are a more ...

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Posted by Joe Zekas on November 24, 2014
ChicagoDowntown / Loop

South Loop condo building reverts from rentals

1555 Wabash at arrow

Condo sales may be heating up in the South Loop. Condo sales at the new 1345 Wabash, Adler Place and Harbor View are apparently robust enough to encourage what we’d taken to calling the “washout on Wabash” to switch from rentals to sales. The 176-unit project at 1555 S Wabash went into a Chapter 11 ...

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Posted by Joe Zekas on November 19, 2014
ChicagoDowntown / Loop

A South Loop new construction update

1345 Wabash

We visited three South Loop new construction sites on Saturday to check on their progress. The elevator core at 1345 Wabash is topped out and the building’s top floor should be complete within a week. Window installation has begun on the lower floors. The 16-story, 144-unit new condominium development, the first in the South Loop ...

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Posted by Joe Zekas on November 10, 2014
ChicagoDowntown / Loop

Low-amenity new South Loop condos appeal with style and value

1345 S Wabash

While a spate of new downtown rental buildings vie to offer the most lavish amenities packages, some budget-conscious consumers are opting to buy new construction condos at 1345 Wabash in the South Loop. 1345′s buyers recognize that the sleek high-rise tower’s low-amenities concept translates immediately and in the long-term to lower assessments and more affordable ...

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Posted by sponsored post on November 6, 2014
ChicagoDowntown / Loop

A new dog park near new South Loop condos

Fred Anderson park

Dog owners at the new 1345 Wabash condos will have a short jaunt to Coliseum Park. The dog-friendly area there is being upgraded, and its shady tranquility will delight pups who like to watch kids at play. A bit further south, the new Fred Anderson Dog Park is taking shape, and it will set a ...

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Posted by sponsored post on October 30, 2014
News & trendsMarket conditions

Available MLS-listed North Lakefront rentals on the rise

Kardas, Aqua

There were 946 homes, apartments and condos listed for rent in the local MLS yesterday in the six North Lakefront Zip Codes that we track: 60614, 60657, 60613, 60640, 60660 and 60626. That’s the largest number we’ve seen since we began tracking in January of 2012, when there 558 listings. Listings increased in all of ...

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Posted by Joe Zekas on October 28, 2014
ChicagoDowntown / Loop

A new level of style at new South Loop condos

1345 S Wabash

CMK has a nearly 20- year history of developing award-winning, architecturally-distinctive buildings that enliven their surroundings. CMK’s latest South Loop community, 1345 Wabash, sets a new standard for interior finishes and is 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: ...

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Posted by sponsored post on October 24, 2014
ChicagoDowntown / Loop

An aerial view of new Near North Side developments

Near North Side aerial

An aerial view of the area bounded by Clark St and the Chicago River, from Chicago Ave (800 N) north to Division St (1200 N) reveals a location with a large amount of vacant land and tremendous potential for development. Developer Steven Fifield has called the area, which is bordered by thriving River West, River ...

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Posted by Joe Zekas on October 17, 2014
ChicagoDowntown / Loop

New South Loop condos near dozens of dining and drinking venues

Giordano's

Imagine having dozens of dining and drinking establishments within a few blocks of where you live. Imagination will mirror reality for residents at 1345 Wabash, the first new high-rise condos built in the South Loop in half a dozen years. There’s a fabulous restaurant / bar cluster on the same block as 1345 Wabash, just ...

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Posted by sponsored post on October 17, 2014
ChicagoNorth Side

Noah Properties condo seeks 30% price increase after 18 months

Noah Properties kitchen

This is a show we’ve seen a number of times before, and it’s generally had a happy ending for the home seller. A 3-bedroom, 2 ½ bath Noah Properties condo at 4042 N Western Ave that was purchased 18 months ago for $329,900 has just been listed for resale at $432,900. We shot the above ...

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Posted by Joe Zekas on October 15, 2014
ChicagoDowntown / Loop

4 East Elm condominiums, 4 E Elm St, Gold Coast

4 East Elm, SCB

4 East Elm is a 35-unit, 27-story luxury boutique condominium being developed in Chicago’s Gold Coast neighborhood. The building has held its ceremonial groundbreaking, but had not begun construction as of mid-October, 2014. Completion is currently slated for early 2016. It is vying to become the first new high-rise condominium built in a true Gold ...

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Posted by Joe Zekas on October 13, 2014
ChicagoDowntown / Loop

New South Loop condos rising rapidly

Local 1 Ironworkers

The 16-story, 144 unit condominium building at 1345 Wabash has passed the 9th floor and is on target to top out a month from now. First occupancies at the building are expected early in 2015. Local 1 Ironworkers took a few seconds break from assembling reinforcing forms yesterday to pose for a picture. 1345 Wabash ...

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Posted by sponsored post on October 9, 2014
ChicagoDowntown / Loop

Video – A 2-bedroom, 2-bath loft on the River in River North

Niko, Kate

Two River Place, 720 N Larrabee, is a 17-story new construction loft building completed 10 years ago during the makeover of the sprawling Montgomery Ward complex in River North. In keeping with the loft aesthetic the condo units have high ceilings, large windows, and exposed ductwork and concrete columns and ceilings. Unit 1002 is a ...

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Posted by sponsored post on October 7, 2014
ChicagoNorthwest Side

Video – New Noah Properties condos in the Bell School District

Revere Flats

Revere Flats, five 6-flats by Noah Properties in the 2400 block of Irving Park Rd, take their name from Revere Park, which is immediately west of the new condos. The homes have the large windows, stylish kitchens and baths and everything-including approach to pricing that have become the signature of Noah Properties and resulted in ...

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Posted by sponsored post on October 7, 2014
ChicagoFar North

What’s up with Edgewater’s Park Tower condominium?

5415 N Sheridan

There are (at least) two condo buildings named Park Tower in Chicago, one at 800 N Michigan Ave and the other at 5415 N Sheridan Rd in Edgewater. We’re talking about the latter building here. The triangular, Miesian ParkTower soars 54 stories and encompasses 744 condo units. The building was designed by Solomon Cordwell Buenz ...

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Posted by Joe Zekas on October 6, 2014
ChicagoDowntown / Loop

New South Loop condos more than one-third sold

1345 S Wabash

Construction lenders made an extraordinary vote of confidence in 1345 Wabash when they green-lighted the new condo community without a pre-sale requirement. 1345 Wabash offers an attractive value proposition: high-style, affordably-priced condos in a stellar South Loop location by a developer with a strong track record. Buyers have recognized the value and rewarded the lenders’ ...

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Posted by sponsored post on October 3, 2014
ChicagoNorth Side

MLS-listed Lincoln Park rentals up 72% year-over-year

Lincoln Park aerial view

At this time a year ago there were 138 homes and condos listed for rent in Lincoln Park ZIP Code 60614 in the local Multiple Listing Service. As of yesterday that number had soared to 237, nearly a 72% year-over-year increase. Available units in Lakeview ZIP Code 60657 increased 45% year-over-year, from 157 to 228. ...

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Posted by Joe Zekas on October 1, 2014
ChicagoDowntown / Loop

The Fairbanks, 240 E Illinois St, Streeterville

The Fairbanks

The Fairbanks at Cityfront Plaza is a 31-story condominium at 240 E Illinois St in Streeterville. The building has 42 loft units at its base and 239 units in the tower portion. The ground-level retail space, which had been a Dominick’s, will re-open in January of 2015 as a Whole Foods. The loft portion of ...

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Posted by Joe Zekas on September 29, 2014
ChicagoDowntown / Loop

Craft beer and condos in the South Loop

South Loop Market

If you want to indulge your craving for craft beer close to home, check out the new condos at 1345 Wabash in the South Loop. There are dozens of bars and restaurants serving up local beers within a short walk of 1345 Wabash, but several are standouts in the suds department. The Scout Waterhouse is ...

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Posted by sponsored post on September 26, 2014
ChicagoNorth Side

New Roscoe Village condos sell out before completion

1908 W Belmont

Three condos are nearing completion at 1908 W Belmont Ave in Roscoe Village, but they were sold months ago. Dolyva Development builds homes with a mix of modern and traditional elements that buyers find appealing. White kitchens with large islands and granite counters are a sharp contrast to dark-stained hardwood floors. One of the developer’s ...

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Posted by sponsored post on September 25, 2014