Real estate news & trends
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South Side
The Sutherland, 4659 S Drexel Blvd in Hyde Park / Kenwood, was built as a hotel and briefly converted to a military hospital. Its most famous incarnation, however, was as a music venue frequented by some of the greats of jazz music. When the Sutherland was recently converted to luxury apartments the lobby was restored ...
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Posted by sponsored post on May 20, 2013
The former home of “legendary Chicago blues musician Muddy Waters” was recently listed by Landmarks Illinois as one of the 10 most endangered historic places in Illinois. Brother El of the Makers of Sense makes several visits to the home, at 4339 S Lake Park in the North Kenwood / Oakland neighborhood, in the above ...
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Posted by Joe Zekas on May 13, 2013
I find rooftops irresistible, especially when they offer a clear view of the near and far surroundings. The recently-renovated Sutherland apartment building, 4659 S Drexel Blvd in Hyde Park / Kenwood, is only six stories in height but it’s surrounded by low-rise buildings. The upper floors of the building have sweeping vistas from nearly every ...
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Posted by Joe Zekas on April 26, 2013
Construction is well underway on Phase Two of the Lake Park Crescent Apartments in the North Kenwood / Oakland neighborhood. The development is part of the CHA’s Plan for Transformation and replaces public housing that once occupied the site. Phase Two includes an 8-story 81-unit apartment building, pictured above, and 51 units in 3- and ...
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Posted by Joe Zekas on April 26, 2013
The Sutherland, a historic property at 4659 S Drexel in Hyde Park / Kenwood, has newly-renovated studio, 1- and 2-bedroom apartments available for rent. The Sutherland offers 24-hour concierge service, a fully-equipped fitness / recreation facility, and a resident lounge. Studio apartments rent from $795, 1-bedrooms from $965, and 2-bedrooms from $1,200. Heat and internet ...
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Posted by sponsored post on April 19, 2013
In the above video, shot in 2009, Coldwell Banker’s Clarence Thompson drove one of Yo’s reporters around the North Kenwood / Oakland neighborhood chatting about some of its history and about real estate values. Values have, not surprisingly, plummeted in the area since that time. To cite just one example, a 3-bedroom, 2-bath condo on ...
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Posted by Joe Zekas on April 18, 2013
The City’s Department of Housing and Economic Development has put the John Raber House, a Chicago landmark, up for bid. The home, at 5760 S Lafayette in the Washington Park neighborhood, is on a 75 x 100 foot lot, all that remains of its original six-acre plot. The Italianate home pre-dates the great Chicago fire ...
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Posted by Joe Zekas on April 16, 2013
Listen to a woman who has rented from MAC Property Management for four years in two different buildings talk about why she likes the Sutherland apartments. She’s planning to move there. The Sutherland, a historic property at 4659 S Drexel in Hyde Park / Kenwood, has newly-renovated studio, 1- and 2-bedroom apartments available for rent.
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Posted by sponsored post on April 16, 2013
Tomorrow will mark six years to the day since we first wrote about The Shops and Lofts at 47. A spring 2008 groundbreaking was anticipated for the construction of 170 residential units above 50,000 square feet of ground-level retail at 47th and Cottage Grove. The long-delayed groundbreaking on the 3-acre site at the border of ...
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Posted by Joe Zekas on April 15, 2013
The Sutherland, 4659 S Drexel Blvd, has a rich history. The building was built in 1917 as a military hospital, was converted to a hotel, became a destination for jazz lovers, was eventually converted to affordable housing, and is now entering a new phase. The Sutherland is currently being transformed into 122 luxury apartments. Its ...
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Posted by Joe Zekas on April 12, 2013
Naming rights to Chicago’s numbered streets will be put up for bid, according to a proposal that Mayor Rahm Emanuel plans to introduce in the City Council today. “We’ve seen strong interest in the naming rights on the part of multiple bidders. This measure will go a long way toward countering the widespread perception that ...
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Posted by Joe Zekas on April 1, 2013
I’ve been a long-time skeptic of the oft-repeated hype that Pilsen is poised to be transformed into a haven dominated by students, artists, hipsters and affluent trend-setters seeking the next hot neighborhood. Pilsen has been, for many years, a port of entry for predominantly Mexican immigrants and continues to serve that role well despite suburban ...
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Posted by Joe Zekas on March 28, 2013
Chicago’s blighted Englewood neighborhood has seen few positive developments in the past several decades. The new campus of Kennedy – King College at 63rd and Halsted, built at a cost of over $200 million, was expected to spur development in the immediate area, but there’s currently little evidence of it. One goal of the new ...
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Posted by Joe Zekas on March 27, 2013
Wrapped in Steel is an hour-and-a-half look at South Chicago, South Deering, East Side and Hegewisch. Jim Martin shot the Emmy-nominated documentary in 1983 and it was broadcast nationally on PBS in 1984. The video begins with a look at the East Side Parade, then-Governor Thompson and 10th Ward Alderman Vrdolyak, and the Washington High ...
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Posted by Joe Zekas on March 13, 2013
One of the things we most enjoy doing at YoChicago is finding useful resources at other websites and linking our visitors to them. Chicago Weekly, which is produced by University of Chicago students, has just placed its 2013 Housing Guide. The Guide is the best source of information and advice about the Hyde Park / ...
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Posted by Joe Zekas on March 12, 2013
We last wrote about Eastgate Village, a troubled townhome / condo development on the Near South Side, back in October of 2011. At the time, 26 units were slated for auction. Those units had previously been the subject of a bulk purchase at a third of their original prices. A 3-bedroom, 3-bath, 4-level townhome in ...
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Posted by Joe Zekas on March 6, 2013
Architect / photographer Tom Rossiter and architectural historian Jay Pridmore are teaming up on a new book titled Building Ideas; an Architectural Guide to the University of Chicago. The video above, which features Helmut Jahn talking about his designs for two utility plants for the University of Chicago’s Hyde Park campus, is the first of ...
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Posted by Joe Zekas on March 4, 2013
Tim and his wife were looking for a major renovation challenge when they moved from the suburbs to the part of Bronzeville known as The Gap. They bought a vacant property, completely redid all of the mechanical systems, and restored the home to a state close to its original 1888 floor plan. The result is ...
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Posted by sponsored post on March 1, 2013
According to Redfin statistics, the median list price for a home in Englewoodin January was $23,000 and the median price of the 8 Englewood homes sold in January was $12,000. In West Englewood the median list and sold prices in January were $29,000 and $15,000, respectively. Chicago Magazine has a Zillow chart showing Englewood list ...
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Posted by Joe Zekas on February 25, 2013
Five years ago today we linked to a Crain’s Chicago Real Estate Daily Report that Draper & Kramer planned to demolish the 1,870-unit Lake Meadows apartment complex and replace it with more than 7,800 residential units and half a million square feet of retail space. “The existing buildings have reached a point of physical and ...
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Posted by Joe Zekas on February 21, 2013