Real estate news & trends
Latest news from YoChicago
River North
We recently noted that JDL Development had apparently begun work on a new 216-unit apartment tower and that Smithfield Properties had gained Plan Commission approval for its 290-unit development. If you’re looking to rent an apartment in River North, you can see all of your managed apartment building options on YoChicago’s availability list, below. Apart ...
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Posted by Joe Zekas on May 24, 2013
Renters at EnV in River North might be envious of the views (and closet space) enjoyed by residents of nearby buildings. Will residents of those buildings envy new EnV renters their discounted rent? EnV recently circulated a “hot sheet” to brokers offering two months’ free rent on 12-month leases on selected one-bedroom apartments. This is ...
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Posted by Joe Zekas on May 22, 2013
JDL Development’s website anticipated breaking ground on a new 26-story, 189-unit apartment tower at 212 W Illinois in the spring of 2012. A year later, it appears that the River North project may be underway. A demolition permit was issued a month ago for the one-story building on the site, and construction equipment and fencing ...
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Posted by Joe Zekas on May 20, 2013
The Chicago Plan Commission yesterday approved construction of a new 33-story, 290-unit apartment tower with ground-floor retail space at the northeast corner of Chicago and LaSalle. Smithfield Properties is the developer. The next step for the project is approval by the full City Council. ADDED: Adam Berkelhamer of Berkelhamer Architects reached out with the following ...
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Posted by Joe Zekas on May 17, 2013
If you’re looking to rent an apartment in River North, you can see all of your managed apartment building options on YoChicago’s availability list, below. Apart from the new buildings, there are currently only twelve large apartment complexes in River North, and we’ve listed all of them in this Google spreadsheet, and checked what’s available ...
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Posted by Joe Zekas on May 17, 2013
Three of the dozens of new apartment projects in downtown Chicago are visible in the above view. The building with the recessed balconies and construction elevator to the left of center is AMLI River North. The 50-story, 409-unit tower is currently leasing apartments for “summer 2013″ occupancy. Hubbard Place is front and center in the ...
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Posted by Joe Zekas on May 17, 2013
Late yesterday afternoon I visited the roof of Kingsbury Plaza, 520 N Kingsbury St in River North. The views in all directions from a height of 455 feet are attention-grabbing, and likely to be compelling from lower floors also, given the unbroken vistas afforded by the building’s riverfront site adjacent to the East Bank Club. ...
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Posted by Joe Zekas on May 16, 2013
If you’re looking to rent an apartment in River North, you can see all of your managed apartment building options on YoChicago’s availability list, below. Apart from the new buildings, there are currently only twelve large apartment complexes in River North, and we’ve listed all of them in this Google spreadsheet, and checked what’s available ...
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Posted by Joe Zekas on May 10, 2013
A tower crane is arguably the most critical element in the construction of a high-rise building, and the dismantling of the crane marks a major milestone in a building’s progress. Another major milestone is completion of the building’s fenestration. As you can see from the above photo, window installation has passed the halfway point at ...
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Posted by Joe Zekas on May 8, 2013
The website for the apartments at 757 N Orleans, a condo building where a block of units had been for rent, is no longer active. We’ve removed the building from our list pending further investigation. If you want to rent an apartment in River North, you can see all of your managed apartment building options ...
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Posted by Joe Zekas on May 3, 2013
If you want to rent an apartment in River North, you can see all of your managed apartment building options on YoChicago’s availability list, below. Apart from the new buildings, there are currently only thirteen large apartment complexes in River North, and we’ve listed all of them in this Google spreadsheet, and checked what’s available ...
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Posted by Joe Zekas on April 26, 2013
Marcus & Millichap released its latest Local Market Reports for 35 metro markets late yesterday. Summary conclusions for Chicago: Fueled by strong demand in The Loop and Lincoln Park / Lakeview submarkets, vacancy in the city decreased 130 basis points in the first quarter to 3.9 percent. Vacancy in Lincoln Park/Lakeview was 2.6 percent, while ...
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Posted by Joe Zekas on April 25, 2013
You can think of the increasingly-lively Fulton River District as a keystone neighborhood. Its residents have pedestrian-friendly access to the huge array of dining and nightlife options in River North, River West, the West Loop and Greektown. K2 is Chicago’s newest residential tower, hosting 496 luxury apartments with sweeping views of the city in all ...
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Posted by sponsored post on April 22, 2013
We’ve recently noted that two new River North rental towers, Hubbard Place and AMLI River North, now have websites with detailed information available. AMLI River North will have apartments available in mid-July and Hubbard Place is slating October occupancy. If you want to rent an apartment in River North, you can see all of your ...
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Posted by Joe Zekas on April 12, 2013
Kingsbury Plaza, 520 N Kingsbury, occupies a striking position on the river, at the western edge of River North. It’s one of the first structures to command your attention as you exit the Kennedy Expressway on Ohio St. The 47-story modernist tower, distinguished by its rounded shape and soaring concrete verticals, is the work of ...
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Posted by Joe Zekas on April 12, 2013
The website for AMLI River North, 71 W Hubbard, now has complete details on the new 50-story apartment tower, including floor plans and pricing. First occupancies are slated for July 15. Studios will rent from $1,745 to $2,196, 1-bedrooms from $2,463 to $3,253 and 2-bedroom, 2-baths from $3,562 to $3,787. The building will have three-bedroom ...
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Posted by Joe Zekas on April 11, 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
The website for Hubbard Place, 360 W Hubbard in River North, now serves up floor plans, photo galleries, detailed information on amenities – and prices for apartments slated for occupancy beginning in October. A pre-leasing office is open seven days a week on Hubbard Street, just east of the development. Studio apartments will rent from ...
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Posted by Joe Zekas on April 9, 2013
The rental market in River North remains tight, with almost all of the buildings showing only a few available vacancies. If you want to rent an apartment in River North, you can see all of your managed apartment building options on YoChicago’s availability list, below. There are currently only thirteen large apartment complexes in River ...
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Posted by Joe Zekas on April 5, 2013
The headline describes the above view, shot from the 74th floor of Trump Tower, of the Ritz-Carlton Residences at 118 E Erie St. The headline also calls to mind an exchange between the Donald and the Ritz sales team from August of 2006. The contretemps came in response to a report that Q2 2006 sales ...
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Posted by Joe Zekas on April 4, 2013
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