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Crain’s Chicago Real Estate Daily

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 video tour of 850 Lake Shore Drive

850 Lake Shore Drive

In the video Crain’s Alby Gallun and developer Matt Phillips tour 850 Lake Shore Drive and chat about the current rental market. The 17-story building, formerly the Lake Shore Athletic Club and a Northwestern dorm, is being renovated into 198 luxury apartments. First occupancies are slated for next month. Phillips expects 850 to do well, ...

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Posted by Joe Zekas on December 27, 2013
ChicagoFar North

A bulk sale of units planned at Buena Park’s Polo Tower

4180 Marine Dr

Polo Tower, 4180 N Marine Dr in the Buena Park section of Uptown, has a long history with YoChicago and its New Homes Magazine predecessor. We first mentioned Polo Tower as a high-rise condo conversion in October of 2001. At the time, one-bedrooms in the building ranged upwards from the $140s. By the time of ...

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Posted by Joe Zekas on December 19, 2012