Chicago Real Estate Blog

According to a recent report from Curbed, a New York-based developer is hoping to build a new 725-foot tower right in the heart of River North, which is an ambitious new plan that would also require demolishing a number of 19th century Italianate buildings at the development site, 42 E. Superior. 

If approved, Symmetry Property Development would be building a 60-story tower at 42-48 E. Superior that could include up to 216 hotel rooms, 120 hotel timeshare units, 246 condo residences, 30,000 square feet of retail space, and parking for up to 325 vehicles. 

As of now, one major concern about the project, outside of the demolition of the two vintage buildings, relates to the growing number of parking garage podiums that are undeniably starting to

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Both new development and home prices across the board are on the rise in Chicago, which is a clear indicator of how strong the market is heading into the busy spring season. And unlike in so many markets across the country, inventory isn’t quite as much of an issue here in the Windy City, as long as we’re not talking about new construction condos situated in the heart of some of downtown’s most sought-after neighborhoods. 

But if you’re not looking for new construction, or perhaps are currently priced out of what new construction condos typically list for around Chicago, there are still plenty of options and opportunities available at price points that won’t break the bank. 

In Streeterville specifically, buyers will actually find a great mix of

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After what seems like forever, it appears development for a new 33-unit condo development in Chicago’s Noble Square neighborhood is set to resume after a construction permit was just issued earlier this month. 

Designed by Hanna Architects, the new transit-oriented development is only steps from the busy Division Street Blue Line station, not to mention all the shopping, dining, entertainment, and nightlife over in nearby Bucktown and Wicker Park. 

The project, which is being called Ace on Ashland due to its location where an Ace Hardware store was previously located before being demolished, will also include 25 parking spaces in addition to its 33 condo residences, which is slightly more than the 17 spaces that were initially proposed. Ground level

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There’s certainly been plenty of new development news in recent months, and if you’ve lost track of what’s currently coming through the pipeline, we don’t blame you. But unlike the last two to three years, many of the new projects that are either being proposed or already under construction will feature condos rather than apartments, prompting some to believe the condo market is finally starting to make a comeback. 

So to refresh your memory of what’s currently in the works, here’s a glimpse of just some of the hottest new construction condo developments being built in Downtown Chicago: 

Renelle on the River - VIEW LISTINGS>>>

Thanks to its prime River North location right next door to the famed Trump Tower, Renelle on the River is arguably one

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Bentham Condos For Sale Chicago Additional details have been unveiled regarding a new condo tower that’s being discussed for the corner of Erie and LaSalle in Chicago’s trendy River North neighborhood. Now being called “The Bentham,” the latest project from Chicago-based Sedgwick Properties could take over the former home of Erie-LaSalle Body Shop, which used to be located over at 146 W. Erie Street prior to moving further west to 1005 W. Huron. 

According to reports, The Bentham will eventually stand 15 stories high once completed, offering 31 new luxury condos that feature ample living space, high-end finishes, and of course a highly desirable location within the River North community. 

Early indications are that condos for sale at The Bentham will start somewhere close to $1.3

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A unique condo development is in the works for a Lincoln Park parcel that currently features a stand-alone single-family home, as well as roughly six lots of vacant land that now act as a private bird sanctuary. 

According to a report from Crain’s Chicago Business, a pair of local developers are looking to build 8 new luxury condos on the parcel, in addition to rehabbing the existing home, which of course would all be situated along a small stretch of Arlington Place right in the heart of Lincoln Park. 

An initial rendering has been released of the project, which was designed by Chicago-based architecture firm Booth Hansen. For the most part, the traditional look and feel of the design, as well as the brick and limestone exterior, mesh quite well

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Two potential new condo developments for River North are being proposed that could possibly bring a new 12 story building to Superior Street and another 13 story building to Huron, if approved. 

As first reported by Curbed, the Superior project would be developed at 360-366 W. Superior and contain 34 new condos, replacing a pair of low-rise commercial buildings that seem prime for an eventual tear-down. This particular project would be developed by Ascend Real Estate Group and designed by Chicago-based FitzGerald Associates Architects, and an initial rendering has already been released (seen on this page). 

The second condo project that’s being discussed would replace an old church at 56 W. Huron and include just 11 ultra high-end condos and ground

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Thinking about buying or selling in Chicago in 2017? Attend our Home Buying and Selling Seminar on Wednesday March 1st from 6:00 to 7:30 p.m.

Regardless of whether you’re a first-time home buyer or a seasoned home owner who’s considering a change of scenery, our team of experts will be on hand to answer all your questions about the Chicago real estate market, as well as go over a variety of topics that cover just some of the following: 

  • New Financing Options 
  • Just-Released 2017 Forgivable Down Payment Programs
  • Neighborhood Market Trends & Updates 
  • Detailed Overview of Today’s Home Buying Process
  • Details Overview of Today’s Home Selling Process

Drinks and hors d’oeuvres will be provided for all attendees and the seminar will take

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217 N. Jefferson Condos A new condo project that was slated for 217 N. Jefferson is now off the table, according to recent reports from Curbed Chicago. Originally revealed last summer, the stunning new tower, which was designed by Hartshorne Plunkard Architecture, was expected to include just 94 new luxury residences, but issues regarding the height and density of the development ultimately killed what would’ve been the newest condo project to hit the rapidly developing Fulton River District. 

Despite the original proposal being denied, 42nd Ward Alderman Brendan Reilly still left the door open for developing the 217 N. Jefferson site, encouraging developers to re-design a smaller low-rise project that blends in better with the surrounding properties. 

The would-be

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It’s hard to argue that townhouses in Chicago are growing in popularity each and every year. Typically more affordable than a traditional detached single-family home, a downtown townhouse sometimes offers just as much living space as a single-family residence, and also lives more like one too, all with one key difference

Despite the convenience and growing popularity, however, town homes for sale in Downtown Chicago aren’t always easy to find, especially during a time when the market is red hot.  

Over in the South Loop’s newest luxury townhouse community, Prairie Court, though, plenty of great opportunities are still available as we rapidly approach the busy spring season.  

Typically offering floor plans with between 2,432 and 4,048 square feet

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