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Lofts
You can spend an hour at an apartment rental service waiting to repeat the information you’ve already given over the phone to a rookie agent who will put you in a car and show you rundown, hard-to-rent apartments that may or may not be in Lakeview East. Or you can spend less than an hour ...
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Posted by Joe Zekas on May 7, 2013
Printers Row Lofts is an 8-story, 138-unit loft building at 732 S Financial Pl in the South Loop. The building, which is on the National Register of Historic Places, was converted to loft apartments in 1996 by Tony Rezko‘s Rezmar Group and converted to condos in 2003. We wrote about the conversion in the February ...
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Posted by Joe Zekas on May 1, 2013
We don’t normally cover office developments – unless they’re likely to have an impact on demand for nearby residential properties. That appears to be the case with the redevelopment of the Fulton Market Cold Storage building, 1000 W Fulton, into 1K Fulton. The building is in the largely-industrial Fulton Market neighborhood. The building has made ...
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Posted by Joe Zekas on April 30, 2013
You can spend an hour at an apartment rental service waiting to repeat the information you’ve already given over the phone to a rookie agent who will put you in a car and show you rundown, hard-to-rent apartments that may or may not be in Lake View. Or you can spend less than an hour ...
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Posted by Joe Zekas on April 25, 2013
According to Crain’s Chicago Real Estate Daily, Marc Realty Residential has acquired the vacant 7-story office building at 2036 S Michigan Ave in the southern stretch of the South Loop near McCormick Place. Marc didn’t disclose its plans for the 146,088 square foot loft building, which Crain’s described as “poised for conversion to housing.” Marc ...
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Posted by Joe Zekas on April 19, 2013
A month ago we noted that the former North Pier Terminal in Streeterville had been acquired by an investor group. Yesterday’s email brought word that FitzGerald Associates Architects has begun work on plans for the adaptive reuse of the six-story, 547,000 square foot building. Current tenants in the building include Fox & Obel, Quay restaurant, ...
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Posted by Joe Zekas on April 19, 2013
“It’s truly one of the most amazing entertaining spaces you could ever have,” said Melanie Giglio as she showed me around a full-floor 4,100 square foot loft at 415 W Superior St in River North a year ago. At the time the home was priced at $1,749,000. It just came back on the market at ...
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Posted by Joe Zekas on April 11, 2013
A recent Atlantic Cities post sketched the real estate issues that accompany school closings: One of the thorniest issues (in what is a veritable forest of mess) is what to do with those school buildings once they’re empty. Often, the facilities are in poor shape, with promised renovations put off quasi-indefinitely. Many are located in ...
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Posted by Joe Zekas on April 10, 2013
The Illinois Department of Transportation (IDOT) and residents of a condominium building at 400 S Green recently sparred on the siting of an expressway ramp. IDOT’s original proposal would have placed the ramp within 7.5 feet of the south wall of Green Street Lofts. According to a Tribune report: “Would you want your child to ...
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Posted by Joe Zekas on April 4, 2013
Last September Chicago Real Estate Daily reported that the building then known as River East Plaza was on the market as a redevelopment opportunity. We briefly revisited the history of the building, including the successful two-day home show we ran there in 1988. Today’s Chicago Real Estate Daily reports that a Chicago investor group has ...
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Posted by Joe Zekas on March 20, 2013
In September of 2007 we reported that 75% of the loft condos at 123 N Sangamon in the West Loop were under contract and closings would begin the following month. In April of 2008 the plan was to convert half the building to rental units and unit deliveries were anticipated later that summer. In January ...
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Posted by Joe Zekas on February 15, 2013
It seems like there’s no end to the stream of new apartment announcements in downtown Chicago. The Sun-Times’ David Roeder is reporting that developer Chris Carley’s Fordham Company has a contract to purchase the building that houses the landmark Oriental Theatre and plans to convert the 22-story tower portion to 230 loft apartments. Work on ...
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Posted by Joe Zekas on February 14, 2013
Cobbler Square, 1350 N Wells St, is one of the signature adaptive reuse projects in Chicago — or anywhere in the US. In the mid-80s architect Ken Schroeder transformed 30 ramshackle buildings used as a Dr Scholl’s factory into 295 loft apartments in a colorful, visually arresting set of seven structures enclosing landscaped courtyards. In ...
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Posted by Joe Zekas on January 10, 2013
CMK Realty, the exclusive listing agent for 40 new units at 4846 North Clark, hosted the first public open houses at the property this past Saturday and Sunday. Four of the units were under contract prior to the weekend, and an additional contract was taken on Saturday. The one-, two- and two-bedroom plus den units ...
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Posted by sponsored post on January 7, 2013
Cobbler Square has joined the growing roster of properties and management companies supporting the Craigslist Apartment Cleanup, a campaign whose goal is eliminating all illegal rental service advertising at Craigslist, Trulia, Zillow, hotpads and other websites. Cobbler Square transformed 30 factory and warehouse structures built between 1880 and 1965 into five interconnected buildings housing nearly ...
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Posted by Joe Zekas on December 27, 2012
817 W Washington Blvd in Chicago’s West Loop is a highly desirable place to live. It’s a short walk to the Loop and close to public transportation, restaurants, shopping, entertainment and the Skinner West School. Coldwell Banker’s Nicholas Apostal is our tour guide in this sponsored video of Unit 601, a 3-bedroom, 2-bath corner penthouse ...
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Posted by sponsored post on December 14, 2012
Storkline Furniture was once one of the nation’s largest manufacturers of infant and child furniture, but its sprawling factory at the bleak western edge of the Little Village / South Lawndale neighborhood has been vacant for years. FitzGerald Associates Architects, on behalf of Mercy Housing Lakefront, has developed a plan to transform the 218,000 square ...
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Posted by Joe Zekas on November 26, 2012
If you want to live in a true timber loft on Lake Shore Drive in Streeterville, you really have only one option: 540 N Lake Shore Drive. The building was built in 1912 as a Borg-Warner warehouse. It later housed the John O. Butler Company, a toothbrush innovator. Columbia College rented space and held classes ...
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Posted by Joe Zekas on November 16, 2012
The landmark Morris Sachs building at 2800 N Milwaukee Ave in Logan Square, which had sat vacant for nearly 20 years, has been transformed into Hairpin Lofts, a community resource where Logan Square artists can gather, perform, display their creations, work – and live affordably. The first floor is retail space. The entire second floor ...
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Posted by Joe Zekas on November 15, 2012
Crain’s Chicago Real Estate Daily reported late last week on late-September federal court judgments against developer David Dubin. Dubin has been ordered to pay more than $15 million to PNC Bank in connection with failed developments in Bridgeport and Brighton Park. We’ve reported on the Lofts at Bridgeport Place (pictured above) for more than six ...
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Posted by Joe Zekas on October 29, 2012
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