Real estate news & trends
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Near West Side
K2, the luxury high-rise at 365 N Halsted in the Fulton River District, is opening ahead of schedule, with first occupancies set for March 1st. There was a flurry of activity at the building, and the management, leasing and custodial staff were setting up in their new offices during our visit. Randy Fifield of the ...
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Posted by sponsored post on February 12, 2013
Chicago’s world-class medical facilities make it a destination for patients from around the country and around the world. Patients who need to be near one of Chicago’s hospitals for highly specialized treatments such as follow-on care to a bone marrow transplant or dialysis often need an affordable place to stay, and their recovery is facilitated ...
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Posted by Joe Zekas on November 19, 2012
Crain’s Chicago Business has a report on the impact of the market downturn on the redevelopment of Chicago Housing Authority projects pursuant to what Crain’s refers to as its “so-called Plan for Transformation.” The Crain’s headline tells the story: “Real estate collapse cripples CHA plan to mix homeowners, renters.” Crain’s snarky reference notwithstanding, CHA high-rise ...
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Posted by Joe Zekas on October 1, 2012
A month ago we noted that construction was slated to start this month on the new Pete’s Fresh Market at the southeast corner of Madison and Western. And start it has, as we saw during a fly-by two weeks ago. Back in March we recalled that five years earlier the immediate area had been the ...
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Posted by Joe Zekas on September 24, 2012
Crain’s is reporting that 4.67 acres of vacant land is available at Metro Place, a failed development on the Near West Side. The asking price is $1.65 million, and current zoning allows for development of an additional 127 homes. According to Crain’s: A venture led by Mr. McLean, president and CEO of Chicago-based MCL Cos., ...
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Posted by Joe Zekas on June 22, 2012
Pete’s Fresh Market had a ceremonial groundbreaking on a Near West Side site at the southeastern corner of Madison and Western several weeks ago, but it’s unclear when construction will actually begin. There was no sign of activity at the site yesterday, when the above photo was shot. Five years ago a number of sizeable ...
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Posted by Joe Zekas on March 2, 2012
Crain’s Chicago Real Estate Daily is reporting that Bond Cos., a local developer, is planning a mixed-use development on the site of a former Chernin’s Shoes warehouse on the block bounded by Canal, Taylor, Clinton and Roosevelt Rd on Chicago’s Near West Side. The proposed development would include approximately 200,000 square feet of retail and ...
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Posted by Joe Zekas on January 25, 2012
What a difference five years makes! Five years ago today we were – Reporting the imminent start of construction at Aqua Touting 1349 S Wabash as our deal of the day Focusing our radar on some new Lincoln Park developments Embedding video of the developer’s fantasies for Roosevelt Collection Illustrating the start of construction at ...
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Posted by Joe Zekas on January 25, 2012
We first wrote about Madison Estates, a development in the 2200 block of West Madison on Chicago’s Near West Side, back in January of 2007 – a different era. The listing copy for Unit 102 at 2240 W Madison invites buyers to “be one with your environment” and notes that they must qualify under the ...
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Posted by Joe Zekas on October 13, 2011
The new homes at West End at Jackson Square are conveniently located near the Eisenhower Expressway, Medical District and United Center, just a few minutes from downtown Chicago. The few remaining new construction 2- and 3-bedroom condos and duplex townhomes are priced from the mid-$150s to the mid-$200s. For a limited time new home buyers ...
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Posted by Joe Zekas on July 20, 2011
We’re taking a brief look at the state of each of the eight neighborhoods we spotlighted as Chicago’s hottest back in June of 2006. We’ve already revisited Woodlawn, Washington Park, Avondale, Near South Side and South Chicago. Today we return to the Near West Side. Our reporter noted that: West of Ashland Avenue buyers can ...
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Posted by Joe Zekas on June 27, 2011
Mark Boyer at Curbed has gotten a kick out of the number of church conversions going on around town, and recently published a post about one at 1046 W Polk St in Little Italy that’s been marketed whole and as a divvied-up condo building. In January, anyone browsing the listings would see the entire 11,800-square ...
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Posted by Joseph Askins on March 9, 2011
The Near West Side and East Garfield Park will move one step closer toward getting a much-needed grocery store next month, when Pete’s Fresh Market is expected to close on the vacant lot at the southeast corner of Madison Street and Western Avenue and file for building permits, says 2nd Ward Ald. Robert Fioretti. In ...
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Posted by Joseph Askins on February 21, 2011
One of the newest arrivals among timber lofts for sale is unit #1 at the Ogden Lofts, 1650 W Ogden Ave. The 2,500 square-foot space is owned and designed by an architect, says the listing by Chris Chevrie of Jameson Sotheby’s, and features 12-foot ceiling heights, Brazilian maple floors, and exposed brick walls. It has ...
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Posted by Joseph Askins on February 16, 2011
Following months of lobbying by area residents, Chicago Public Schools approved a plan to open a new K-8 magnet school in the former Jefferson School at 1522 W Fillmore St in University Village, Chicago Journal reports. The STEM Magnet School would be the first academy in Chicago to emphasize science, technology, engineering, and mathematics, and ...
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Posted by Joseph Askins on January 14, 2011
“The building, which was built in 1926, is located directly in the path of progress,” says the website for Bold L&H Lofts. In the path? No wonder East Garfield Park is suffering! Get out of the way, and let that progress through! I kid. Sometime in the past couple of years, LK Growth and Bold ...
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Posted by Joseph Askins on December 9, 2010
Our angle on the indictment of three Sunrise Equities principals naturally focused on the Pure building at 24 S Morgan St in the West Loop, simply because the building actually exists — we followed it from pre-construction through completion, and were in regular contact with the building’s marketing team up until the point when its ...
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Posted by Joseph Askins on November 17, 2010
A one-bedroom loft at Paramount Lofts, 1645 W Ogden Ave on the Near West Side, has dropped in price from $169,000 to $109,000 since going on the market in early September. Magda Antillon’s listing doesn’t include any interior photos but mentions 14-foot ceiling heights, hardwood floors, and an island kitchen with granite countertops and stainless ...
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Posted by Joseph Askins on October 20, 2010
“It’s really an upcoming area. We have young adults there, you know, UIC students, people with families. It’s just a great mix.” The Northwest Side is so last January. RedEye’s new “hottest new neighborhood” is the area around Taylor Street on the Near West Side, where “you can buy a whole butchered lamb at Nea ...
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Posted by Joseph Askins on June 22, 2010
The owner of the single-family home at 16 S Seeley Ave isn’t letting a golden opportunity go to waste. After spending eight months off the market, the home returned to the MLS on Thursday, just in time for the first two games of the Stanley Cup Finals, going down just a few yards to the ...
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Posted by Joseph Askins on June 1, 2010
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