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ChicagoNorth Side

All but one unit sold at 1611 Hermitage in Bucktown

Hermitage Sixteen11

Hermitage Sixteen11 sits on the Bucktown side of North Ave, the dividing line between Wicker Park and Bucktown. When I stopped by yesterday, the building was one floor shy of its full four-floor height. Despite its pre-completion status, all but one of the building’s seventeen units are under contract. The remaining home is Unit 303, ...

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Posted by Joe Zekas on July 31, 2014
ChicagoNorthwest Side

Three dramatic new homes steps from the Bloomingdale Trail

1833 N Fairfield

Ultimate Homes has three new luxury single-families under construction in the 1900 block of Rockwell in Logan Square. The location is steps from an entry to the Bloomingdale Trail, two blocks from a CTA Blue Line stop, close to restaurants and bars, and with easy access to the Kennedy Expressway. The 4-bedroom, 3 ½ bath ...

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Posted by sponsored post on July 31, 2014
ChicagoDowntown / Loop

Is a South Loop rental bubble in the cards?

River City

When the condo market hit the skids in the latter part of the last decade the South Loop was one of the neighborhoods with the greatest imbalance between supply and demand. It took years to work off the excess inventory, some of which is still on the market in developments that were taken over by ...

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

Tour a model apartment at Hubbard Place in River North

Hubbard Place apartment

Hubbard Place, 360 W Hubbard in River North, is a new, luxury, full-amenity high-rise directly across from the East Bank Club and a short walk from the Merchandise Mart. Hubbard Place apartments are spacious and have well-designed, efficient floor plans that take maximum advantage of the space. Floor-to-ceiling windows open onto expansive views and expand ...

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Posted by sponsored post on July 29, 2014
ChicagoNorthwest Side

New condo six-flats from hot-selling Noah Properties

3013 N California

Noah Properties is continuing its streak as one of Chicago’s hottest-selling builders, with most of the company’s offerings selling out pre-completion. Three new condo six-flats are nearing completion at 3013 N California Ave. Each of the buildings has two 3-bedroom, 3-bath duplexes and four 2-bedroom, 2-bath simplexes. The homes have the stylish showplace kitchens and ...

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Posted by sponsored post on July 28, 2014
ChicagoDowntown / Loop

West Loop affordable apartments topped out, closing in

727 W Lake

The 10-story, 61-unit apartment building at 727 W Lake St in the West Loop is topped out and in the process of being closed in. According to the developer, Interfaith Housing Development Corporation, all of the apartments will be rented to residents who earn at or below 50% of the area median income (AMI) and ...

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Posted by Joe Zekas on July 25, 2014
ChicagoNorth Side

Lakeview’s Halsted Flats is more than 70% leased

Halsted Flats deck

A scant four months after moving in its first residents, Halsted Flats is more than 70% leased. That’s a torrid pace for a new apartment tower, and a reflection of the excitement that’s accompanied the first new rental high-rise in Lakeview in three decades. Visit Halsted Flats’ floor plan page and mouse up and down ...

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Posted by sponsored post on July 25, 2014
ChicagoDowntown / Loop

Food options proliferate near new 1345 Wabash condos

Trader Joe's South Loop

Residents at the new condos currently under construction at 1345 Wabash in the South Loop will find a dizzying array of food shopping and dining options nearby – just part of the location’s allure as one of the most convenient and vibrant in Chicago. Jewel-Osco and Trader Joe’s are a block north at Roosevelt Rd. ...

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Posted by sponsored post on July 24, 2014

Midtown Square apartments in Glenview target Q4 occupancy

Midtown Square, Glenview

Midtown Square, a mixed-use development on a 2.7 acre site at Glenview Rd and Church St in downtown Glenview, is targeting Q4 2014 occupancy for its 138 one- and two-bedroom apartments. Trammel Crow’s High Street Residential is the developer and FitzGerald Associates is the architecture firm for the project. Exterior construction is nearing completion, and ...

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Posted by Joe Zekas on July 23, 2014
ChicagoDowntown / Loop

Tour the over-the-top amenities at Hubbard Place in River North

Hubbard Place

Hubbard Place, a new 43-story, 450-unit apartment tower in River North, offers a lavish array of social spaces where its residents can meet each other or enjoy a quiet moment. A spacious, richly-landscaped deck hosts a pool with cabanas, BBQ grills, and a variety of “living room” areas for more intimate social gatherings. The deck ...

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Posted by sponsored post on July 23, 2014

The teardowns are back in Glenview

Glenview single-family

Travel back in time ten years ago and you would have seen a torrent of teardown activity in Glenview and other attractive northern suburbs. Fast forward to the latter part of the decade and many of the new homes built on the teardown sites were in foreclosure and selling at substantial discounts from their asking ...

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Posted by Joe Zekas on July 23, 2014
ChicagoDowntown / Loop

Smaller buildings renting rapidly in West Loop

20-22 N Aberdeen

A number of smaller new West Loop apartment buildings built by Michigan Avenue Real Estate Group have leased up rapidly, at rents comparable to those charged at full-amenity towers in the neighborhood. All of the 54 new apartments at 20 – 22 N Aberdeen, which became available for occupancy beginning July 1, have been rented. ...

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Posted by Joe Zekas on July 22, 2014
ChicagoDowntown / Loop

Two new West Loop apartment buildings near completion

Circa 922

The Madison, a 216-unit apartment midrise at 1212 W Madison, is almost entirely closed in. The building’s website has floor plans and rents available, and appears to be offering immediate occupancy, although the building doesn’t appear to ready for occupancy. Circa 922, 922 W Washington, is topped out at 11 stories. The building’s website is ...

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Posted by Joe Zekas on July 22, 2014
Downtown / LoopTips & adviceRenting

Should renters claim the broker bonus at 73 East Lake?

73 East Lake Chicago

Not all Chicago landlords cooperate with rental service brokers, but the ones that do typically pay a commission equal to a month’s rent. Several of the newer buildings have rented up successfully while paying rental services a flat fee per unit that’s well under a month’s rent. The new Loop apartment tower at 73 East ...

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Posted by Joe Zekas on July 21, 2014
ChicagoNorth Side

Tour the new luxury apartments at Webster Square in Lincoln Park

Webster Square sundeck

Webster Square is the first new construction apartment building in Lincoln Park in decades. Webster Square boasts a top-tier location at 558 W Webster Ave, steps from the best of everything in Lincoln Park. Oz Park and Mrs Green’s Natural Market are directly across the street. Buses at the corner connect to downtown and to ...

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Posted by sponsored post on July 21, 2014
ChicagoDowntown / Loop

The scary swift service at K2 luxury apartments

Juan and Rafael at K2

K2 is a new luxury apartment tower in the Fulton River District. K2 has a stellar location, a full suite of amenities that includes a pool deck with skyline views, a fitness center, a basketball court / yoga studio, resident lounge and party rooms, a business center, a theater and the city’s largest dog run. ...

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Posted by sponsored post on July 21, 2014
ChicagoDowntown / Loop

See Chris Kennedy’s remarks at the Wolf Point groundbreaking

Chris Kennedy

Construction has been underway for months on a 509-unit, 48-story apartment tower at Wolf Point, the iconic site where the Chicago River forks to the north and south. It’s typical for an official groundbreaking ceremony to occur well after the actual groundbreaking that marks the start of construction. On Friday, July 18, 100s of people ...

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Posted by Joe Zekas on July 18, 2014
ChicagoDowntown / Loop

Trib surfaces first rendering of Stern tower

Stern rendering

The Chicago Tribune reported late yesterday that a 67-story, 500 unit apartment and condo tower has been proposed for a site at 451 E Grand Ave in Streeterville. The site is immediately west of the new 500 Lake Shore Drive. The tower, designed by architect Robert A.M. Stern, would include 400 apartment units and 100 ...

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Posted by Joe Zekas on July 18, 2014
ChicagoDowntown / Loop

View the Taste of River North from K2 Apartments

Ward Park

K2 Apartments has a gateway location in the Fulton River District that affords its residents quick access to the bars, restaurants, nightlife and other attractions in the adjacent West Loop, River West and River North neighborhoods. One of the advantages of K2′s location is that summer becomes a months-long festival of nearby neighborhood events. On ...

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Posted by sponsored post on July 18, 2014
ChicagoNorth Side

Forty acres and a mull in Lincoln Park

Finkl Steel aerial

Crain’s Chicago Real Estate Daily reported yesterday on a meeting hosted by North Branch Works to mull the future of a 40-acre stretch of Lincoln Park. The location, from the Chicago River north to Webster Ave, includes the former Guttmann Tannery, Finkl Steel and A. Lakin & Sons sites and is included in a Planned ...

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Posted by Joe Zekas on July 17, 2014