Chicago Real Estate

Four-Level Home in North Center Chicago Listed for $1,399,000

3124 N. Leavitt Street Chicago, Ill. Now available is a unique opportunity to put your signature touch on a 6,600 square-foot home in North Center Chicago. The residence pictured above, located at 3124 N. Leavitt Street, is can be yours for $1,399,000. Built in 2008, this four-level home comes with six bedrooms, four Read more

West Loop Booming with Residential Development, New Tower Planned

(Movato photo) The arrival of companies like Google and McDonald's to Chicago's West Loop is resulting in a boom in residential development in the area. Several multi-unit projects are already in the pipeline to satisfy the expected increase in housing demand, and now a new 14-story residential tower is expected to add to Read more

By |2016-10-14T20:34:24+00:00July 31st, 2016|Chicago Real Estate, Real Estate News, West Town|

Chicago Realtors Events to Focus on Global, Commercial Real Estate

The Chicago Association of Realtors each summer hosts numerous events to aid the career enhancement of local industry professionals. Not coincidentally, these events also provides ample networking opportunities. There are two panel discussions scheduled for next month, each of which sounds particularly interesting. The first is scheduled for Aug. 11 and is titled "Successful Women Read more

1k Fulton Building Set to Sell for Whopping $305 Million

1k Fulton One of the most expensive office deals in Chicago history is about to go down. According to Crain's Chicago, the office building containing Google's Midwest headquarters in the Fulton Market District, known as 1k Fulton, is set to be sold for $305 million. The unique 10-story building, which has 531,1945 square Read more

Downtown’s River East Center Sold by Intercontinental for $133 Million

River East Center River East Center, a 251,000 square-foot mixed-use building in the Streeterville section of downtown Chicago has been sold for $133 million. A joint venture between Madison Capital and Wheelock Street Capital purchased the three-story building from former owner Intercontinental Real Estate Corp. Intercontinental, an active player in Chicago commercial real Read more

LondonHouse Sold, Fetches Record Price Prior to Opening

Rendering of the rooftop bar at LondonHouse. The boutique hotel LondonHouse on Michigan Avenue, which is set to open sometime in May, has been sold to German investors for $315 million. It's a new record for a Chicago hotel, according to Crain's Business Journal. The 452-room hotel was purchased by Hamburg-based Union Investment Read more

Sullivan Center in Chicago Sold for Reported $267 Million

Sullivan Center The historic Sullivan Center in the Chicago Loop is being sold to a group of New York investors for a reported $267 million. Crain’s Business Journal reports the 117-year-old structure, which was formerly known as the Carson, Pirie, Scott and Company Building, is being bought by Madison Capital in what it Read more

60-Unit Apartment Complex Planned for Old Town Chicago

Artist rendering of planned Old Town Chicago apartment complex. Plans are underway for the construction of a new 60-unit apartment complex in Old Town Chicago, across from the famed Second City comedy club at North Avenue and Wells Street. Local developer JAB Real Estate is spearheading the project. Crain's Business Journal notes the Read more

U.S. Pending Home Sales Increased 3.5% in March

Pending home sales in the U.S. reached a seven-month high in February, which was a nice rebound from January's disappointing numbers. It's an indication another strong spring selling season could be in the offing. The National Association Realtors reported its pending home sales index increased by 3.5 percent month-over-month in February. This surpassed analysts expectations. Read more

All Signs Point to Strong Spring for Real Estate, Economist

The chief economist at Realtor.com recently came out on record stating he expects a strong spring selling season in real estate because of a number of factors. These include an improving labor market, continued increases in new home sales and low mortgage rates. Let's take a closer look at the predictions from Realtor.com Chief Economist Read more