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Old Town Chicago

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

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

Chicago Housing Most Undervalued Among World’s Largest Cities

The Chicago housing market is the most undervalued of the world's largest cities, according to a new report that measures the threat of housing bubbles in various big cities across the globe. The cities facing the biggest threat of a housing bubble are London and Hong Kong. The UBS Global Real Estate Bubble Index found Read more

Parking Plan Proposed for Chicago Real Estate Agents

Real estate agents dart from here to there, neighborhood to neighborhood all throughout the day. When visiting various homes, parking is a constant issue in a city like Chicago with all of its residential parking zones and required permits. City Clerk Susan Mendoza would like to change the situation, while simultaneously adding to the city's Read more

N.A.R. Report Indicates Housing Market is Leveling Off

Pending home sales in the U.S. rose just slightly in July and the increase was less than forecast, which could indicate the red-hot housing market could finally be leveling off. According to the National Association of Realtors forward-looking Pending Home Sales Index—which measures signed contracts for purchases of previously owned home, home sales increased by Read more

Median Price of a Home in Chicago Jumped 11% in April

April was a big month for the housing market in Chicago, as the number of home sold was up 7.5 percent from a year earlier and the median price of a home in Chicago jumped 11% to $210,000. In April, there were 9,037 units sold in the Chicago area. All seven-counties that make up the Read more

For Sale: Three Chicago Homes Designed by Frank Lloyd Wright

Frank Lloyd Wright's Henderson House in Elmhurst. Frank Lloyd Wright (1867-1959) is one of the most acclaimed and well-known architects in U.S. history. For more than a century now, his designs have dotted the landscape of Chicago, the city where he started his career and first gained accolades. Wright and his self-described style Read more

High-Quality Five-Bedroom House in West Town Now for Sale

2323 West Erie Chicago, Ill. Now on the market is this beautiful five-bedroom house in the Ukrainian Village section of Chicago. This home is so special that it's been previously featured in Chicago Home and Garden, as well as several other international design and landscaping publications. Located at 2323 West Erie, this home Read more

Offers Being Accepted for Five-Bedroom House in Bucktown

1813 Hermitage Ave. Chicago, Ca. There may still be time to snatch up this beautiful five-bedroom house in the Bucktown section of Chicago. It was listed earlier this month for $979,900, with an offer being accepted on March 22. However, it is a contingency offer which means bids are still being accepted. For Read more

Longtime Amalgamated Bank HQ on Chicago Loop Sold

(CoStar Group photo) The longtime headquarters of Amalgamated Bank of Chicago on State Street has been sold for $35 million. The new owners are a joint venture between Tishman Realty Corporation and AXA Real Estate. Those firms plan to transform the buildings into 73,700 square-feet of retail and office space. Despite the sale, Read more