New Construction

2016 Real Estate Outlook includes Price Stagnation

Marketwatch, as part of its New Year's coverage, recently provided a well-researched and reported forecast of the four real estate trends that will shape the market in 2016. It's really a good read and well worth the visit. The piece features no shortage of pertinent takeaways that can be applied to the Chicago real estate Read more

Two Newly-Built Condos in West Town Hit the Market

1557 Chestnut Street Chicago Both of the condominiums in this brand-new duplex in the West Town section of Chicago are now on the market. Both units, which are located at 1557 Chestnut Street, come with three bedrooms, two full baths and one partial bath. This beautiful duplex was completed earlier this year. You Read more

Data From Zillow Reveals ‘The New Rules of Real Estate’

Real estate data firm Zillow has released an illuminating new book called “Zillow Talk: The New Rules of Real Estate." In the book, Zillow Chief Economist Stan Humphries and Chief Executive Spencer Rascoff analyze the firm's massive data piles to come up with new conclusions on how best to sell a home. The Chicago Tribune Read more

Chicago Real Estate Now a Popular Option for Chinese Buyers

It's been well-documented how wealthy Chinese have been snatching up midrange and high-end properties in cities like New York and Los Angeles during the last few years, but a recent article points out they have now begun to focus on Chicago real estate. ChicagoMag delved into this trend recently and noted Chinese have increasingly turned Read more

The Bloomingdale Trail is Having a Big Impact on Property Values in Chicago

Much is expected of Chicago's Bloomingdale Trail, the city's grand project to transform 2.7-miles of elevated rail line into a network of trails and parks. It's been especially true of real estate surrounding the project. Predictions were real estate values would rise as a result of the Bloomingdale Trail and that's exactly what's happening. The Read more

West Loop Better Than New Penthouse – 1045 West Monroe # 4

Flats on Monroe, West Loop’s unique row of walk-up four-flats, presents a great combination of a long-term value and unique style and design. The quality is evident in each detail and finish of these distinctive homes. Designed and executed to exceed client’s expectations, these homes offer a superb value and investment. The experienced team of Read more

New Home Sales in Chicago’s City Core Continue to Gain Steam

New single-family homes in Chicago have been “selling like hot cakes,” according to a new report from Crain's Chicago Business. The big selling trend began two years ago, but things have continued to pick up steam when it comes to the city's housing market. Single-family home purchases jumped by 50% in Chicago from 2012 to Read more

1534 N Maplewood – New Construction Luxury Single Family Home

West Bucktown luxury single family home. Pre-construction - offered at $899,900. KITCHEN    Modern Flat Panel Kitchen Cabinets In Walnut Finish With Frosted Glass Stainless Steel Framed Upper Cabinets (Select Doors) Kitchen Counters And Island: Stone / Marble With 16” Raised Overhang At Island  Full Tile Backsplash: Glass Or Porcelain Tile Appliances By LG, Viking, DCS, Read more

By |2016-10-14T20:34:37+00:00March 8th, 2014|New Construction, Pre-Market, Real Estate News|

Confident Chicago Developers Again Building Luxury Homes ‘On Spec’

Building luxury homes “on spec” in Chicago has returned with a vengeance, according to the spring issue of Michigan Avenue Magazine. The trend is the result of developers being more confident these high-end homes will quickly find buyers, and it's' with good reason: demand is booming. One developer, Ken Brinkman of Environs Development, told the Read more

Bucktown: The Coyote Building To Become A Boutique Hotel

The iconic Northwest Tower, which anchors the Six Corners intersection of Milwaukee, North, and Damen in Wicker Park, is slated for development as a boutique hotel by the Chicago-based DRW Holdings LLC. A city landmarks committee approved conversion of the Northwest Tower from its current status as an office building on February 6. The Northwest Read more

By |2016-10-14T20:34:37+00:00February 15th, 2014|New Construction, Real Estate News|