Best Chicago Condos

Lucien Lagrange: Towering Luxury at Lincoln Park 2550

During its construction in 2011, the condominium known as Lincoln Park 2550 dropped from a planned 41 stories to 33 stories due to the state of the fragile economy. In the 25th hour, a late round of financing pushed the project back to 39 stories. At the time, principal Ricker-Murphy Development confidently declared, “We’re building [...]

Is the North Pier destined for “loftier” life?

For decades, pioneering developers and well-financed designers have been converting Chicago warehouses into swanky, hip and supremely desirable loft homes, particularly in the neighborhoods that surround the Loop. If you’re struggling to place an example, just check out the Union Square Lofts in River North or the Van Buren Lofts in the West Loop. Buildings [...]

Condo Lovers Live Large on Lake Shore

Of the many things affected by Chicago’s housing market crash, the desirability of Lake Shore property certainly wasn’t one of them. Prior, during and after the tumultuous real estate period, condos and townhomes along Lake Shore Drive are still the envy of a majority of Chicagoans. And the numbers indicate these units still command top [...]

It’s All Happening for Lincoln Park Condos & Homes

For those who live in Chicago, it’s probably no surprise, but Lincoln Park is one of the city’s top-performing neighborhoods when reviewing current housing trends and market improvements. Others Chicago neighborhoods that showed comparable improvement included Lake View, Logan Square and Hyde Park. Homes for sale in Lincoln Park have the strongest price trends in [...]

Does anyone know what’s happening with Glashaus?

Here’s what we know: in September 2012, Chicago-based real estate development firm CMK Companies purchased a defaulted loan for the highly coveted lot at 1333 S. Wabash in the South Loop. Earlier this year, CMK announced their intentions to construct a 25-story rental building at the site—obviously looking to capitalize on Chicago’s booming downtown rental [...]

The Chicago Neighborhoods to Call “Home”

The local real estate landscape is constantly changing, and individual Chicago neighborhoods fall in and out of favor every couple of years. It’s the type of shift that occurs so frequently, every new year begins with real estate experts speculating on which neighborhood is the new place to be. For the past couple of years, [...]

Chicago’s Real Estate Market: A Top Down Approach

Many believe that the luxury real estate market was immune to the housing downturn. That’s simply not true. While the recession hit middle to lower-class American families the hardest, it does not mean that the elite didn’t find themselves suffering foreclosure proceedings as well. But as the economy continues to grow and local housing markets [...]

Chicago’s Downtown Condo Market is Ripe for the Picking

If you’re one of Chicago’s many potential homebuyers with an eye cast toward the downtown condo market, it’s time to reconsider The Legacy Tower. The 72-story condo building located at 60 E. Monroe St. is in absolute heart of the city. With its central location, breathtaking views and proximity to Millennium Park, The Legacy Tower [...]

The Revitalization of Portage Park’s Six Corners

Portage Park’s famous Six Corners has been targeted by the city of Chicago for renovation. Currently there is a city-commissioned economic development plan being discussed to add a mix of commercial space, residential units, as well as an expansion of the surrounding walkways in order to make the area more pedestrian friendly. Six Corners is [...]

Condo sales in Chicago’s Loop are Surging

As Chicago’s real estate market continues to show encouraging signs of improvements, the latest sector to show promise is the downtown Loop condo market. A combination of historically low interest rates and affordable condo prices has led to a massive surge of activity. December 2012 was a banner month for condo sales in the city. [...]