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DealsChicagoDowntown / Loop

Today’s South Loop apartment deals

Thumbnail image for Today’s South Loop apartment deals

Two full-amenity South Loop high-rises are offering “Look and lease” deals to renters who lease within 24 hours of their first visit. Featured apartments at The LEX, 2138 S Indiana, include a one-bedroom in the loft portion of the building for $1,522 a month and a two-bedroom, two-bath in the tower portion for $2,263. The ...

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Posted by Joe Zekas on October 21, 2014
ChicagoDowntown / Loop

Block Thirty Seven apartments, 25 W Randolph St, Loop

Block 37 apartments

Block 37, bordered by State, Dearborn, Randolph and Washington streets, is one of the original 58 Chicago blocks plotted in 1830. Block Thirty Seven is a mixed-use development on the site that includes a 275,000 square foot multi-level indoor mall, an office tower and a 34-story, 674-unit apartment tower that began construction atop the north ...

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Posted by Joe Zekas on October 21, 2014
News & trendsMarket conditions

Have free rent offers slowed the for sale market?

Streeter Place view

More than a dozen real estate brokers have told me that the for-sale market slowed perceptibly and dramatically beginning several months ago. None of them ventured much of an explanation for what they were seeing and none of them, when queried, had any familiarity at all with what was happening in the high-rise rental market ...

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Posted by Joe Zekas on October 20, 2014
ChicagoDowntown / Loop

200 North Michigan apartments, 200 N Michigan Ave, Loop

200 N Michigan

200 North Michigan is a 41-story, 402-unit apartment tower under construction in Chicago’s Loop. The first two floors of the building will contain retail space. Demolition of an existing six-story building on the site was completed late in July of 2014. A ceremonial groundbreaking for the new tower was held early in October 2014. First ...

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Posted by Joe Zekas on October 20, 2014
DealsChicagoDowntown / Loop

Today’s deal – Look and lease a 3-bedroom apartment at Streeter Place

Streeter Place

Three-bedroom apartments are typically in short supply in Streeterville, but one will be available for December 23rd move-in on the 50th floor of Streeter Place. The home sprawls over 1,802 square feet and boasts dramatic views from floor-to-ceiling windows. The open plan kitchen / dining / living area has plank flooring, space for multiple furniture ...

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Posted by sponsored post on October 17, 2014
DealsChicagoDowntown / Loop

Today’s deal – free rent at Park Michigan in the South Loop

Park Michigan

The Park Michigan apartment tower has a stellar South Loop location across from Grant Park and steps from grocery shopping, dozens of bars and restaurants and the CTA stops on Roosevelt Rd. Apartments at Park Michigan have great views, spacious layouts with open-plan kitchens, hardwood floors, wall-to-wall windows and generous closet space. Available studios rent ...

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Posted by sponsored post on October 16, 2014
ChicagoDowntown / Loop

Join the Fit Club at K2 Apartments

K2 Fit Club poster

K2, a new apartment tower in the Fulton River District, has a large outdoor pool, a fully-equipped fitness center and a basketball court / yoga studio to enable residents to get fit or stay fit. Residents who want more structure in their exercise program can opt in to the K2 Fit Club, a varying schedule ...

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Posted by sponsored post on October 15, 2014
ChicagoDowntown / Loop

Rent new West Loop apartments now for next spring

Circa 922

The first residents will move into Circa 922, 922 W Washington in the West Loop, in mid-January of 2015. The building, like every new apartment tower, will phase occupancy over a period of time beginning with its lower floors. Renters can take advantage of the staged delivery schedule to sign a lease now and lock ...

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Posted by sponsored post on October 15, 2014
ChicagoDowntown / Loop

Record number of new downtown apartments opening in 2015

Tower crane

Renters will have a bonanza of new apartment offerings to choose among in downtown Chicago next year. We define downtown Chicago as the area bordered by the Stevenson Expressway on the south, North Ave (1600 N) on the north, Lake Michigan on the east and Ashland Ave (1600 W) on the west. The downtown market ...

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Posted by Joe Zekas on October 14, 2014
ChicagoDowntown / Loop

River West apartment towers take a step forward

Gonnella site

The rezoning of the former Gonnella Baking site at 1001 W Chicago in River West is one of the items on the Chicago Plan Commission’s agenda at its October 16 meeting. A Seattle-based developer is proposing to rezone the 1.88-acre site for two-mixed use 14- and 15-story buildings with a total of 363 apartments, 35,000 ...

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Posted by Joe Zekas on October 14, 2014
Downtown / Loop

Avant apartments, 347 W Chestnut St, Near North Side

Avant rendering

Avant is a 29-story, 330-unit apartment tower that is slated to begin construction in the first quarter of 2015 at 347 W Chestnut St on Chicago’s Near North Side. First occupancies are targeted for the latter half of 2016. Chicago-based Fifield Companies is the developer and Pappageorge Haymes is the architecture firm. Fifield also plans ...

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Posted by Joe Zekas on October 14, 2014
DealsChicagoDowntown / Loop

Today’s apartment deal: large 3-bedrooms at Walton on the Park

Walton on the Park

Unit 1902 at Walton on the Park, 2 W Delaware, is currently available for immediate occupancy at $6,500 a month, a reduction from the $7,015 listed online. The 3-bedroom home has 3 full baths and spans 2,165 square feet. Walton on the Park was built as a condominium and the apartments have the level of ...

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Posted by Joe Zekas on October 13, 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 website, hardhat tours at new West Loop apartments

Circa 922

First occupancies are slated for January at Circa 922, 922 W Washington in the West Loop. Circa 922 just launched its new website, with floor plans and details on the apartments and the full suite of common-area amenities. Hardhat tours of the building and the apartments have begun on a by-appointment basis. The tours are ...

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Posted by sponsored post on October 10, 2014
ChicagoDowntown / Loop

This Streeterville one-bedroom has a flexible bonus space

Streeter Place

The one-bedroom plus den at Streeter Place has always been one of the most popular floor plans at the luxury Streeterville apartment tower. The layout ranges in size from 979 to 1,067 square feet. A number of residents have opted to use the den area as a home office. The one-bedroom plus den plan is ...

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Posted by sponsored post on October 10, 2014
ChicagoDowntown / Loop

A 3-bedroom deal and a new sundeck at Chestnut Tower

Chestnut Tower

A newly-renovated 3-bedroom, 3-bath apartment that spans 1,920 square feet is currently available on the 34th floor of href=”http://www.chestnuttowerchicago.com/availability.asp?fid=60510″>Chestnut Tower, a luxury apartment tower on the Near North Side. The rent for Unit 3406 is $5,215. A renter who moves in by October 29, 2014 will receive a month’s free rent. Chestnut Tower recently completed ...

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

South Loop 2-bedrooms at 1-bedroom rents

The LEX

The LEX, a luxury apartment tower in the South Loop, is about to add to its roster of locational advantages with the opening early next year of the new CTA Green Line station at Cermak. The Green Line stop, two short blocks from The LEX, connects to the South Side, the Loop, and suburban Forest ...

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Posted by sponsored post on October 9, 2014
ChicagoNorth Side

A major makeover underway at Park Lincoln apartments

Park Lincoln

Park Lincoln, 2470 N Clark St in Lincoln Park, was acquired recently by an affiliate of Reside Living. The15-story, 140-unit apartment tower was undergoing a major makeover when I visited yesterday. The apartments are being upgraded with entirely new kitchens and baths, wood-look floors and in-unit washer / dryers. The new kitchens have granite counters, ...

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Posted by Joe Zekas on October 8, 2014
ChicagoDowntown / Loop

Construction update – State & Chestnut apartments

State & Chestnut

State & Chestnut, the 35-story, 367-unit apartment tower under construction at 845 N State St on the Near North Side, is more than two-thirds of the way to its full neight. Two days ago I had a decent view of the upper reaches of the building from the sundeck at Chestnut Tower, a few blocks ...

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Posted by Joe Zekas on October 8, 2014
ChicagoDowntown / Loop

A close-up look at Eight O Five construction

805 LaSalle

Eight O Five, the new apartment tower at 805 N LaSalle, had risen to the 22nd floor by the time of my visit yesterday. The 295-unit building will top out at 35 stories. The south-facing sundeck at Chestnut Tower provided a look down on the construction activity. I had an almost eye-level view of the ...

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Posted by Joe Zekas on October 7, 2014