Stay current on new construction real estate around Chicago. From updates on upcoming projects and developments to our thoughts on new construction condo and apartment buildings being planned, the Chicago Condo Finder blog is one of the city's best resources for new development news and info.

Luxury Condos and Apartments Sold and Rented in Chicago

Low inventory and increasing mortgage rates have made much of 2023 both an interesting and challenging year for Chicago’s real estate market. But despite these difficult conditions, the last 6 months have yielded some pretty high-profile deals, both on the rental and the sales sides of the market

Most Expensive Homes/Apartments Rented in Chicago

(May-October '23)

Despite many of the most expensive apartments for rent being in newer construction buildings, a 12th floor unit in The Ambassador was the highest-priced apartment rented in Chicago over the last 6 months. The Row Fulton Market and One Bennett Park also continue to be among the city's most popular buildings for luxury rentals and are the only two buildings to have multiple units…

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Tribune Tower East CondosSoon to be Chicago’s second tallest building, Tribune Tower East is making some big promises for the future. Here are just a few reasons why luxury condo buyers in Chicago will want to strongly consider buying at the extravagant new Tribune Tower East building.

The amenities

The mixed-use building will eventually house condos, apartments, added amenities and even a hotel. The addition of ground level retail space, a parking garage and some office space will only add to the property’s appeal and convenience. 

The views

The views will surely be spectacular. Nearly three times as tall as Tribune Tower, Tribune Tower East is scheduled to stand more than 1,400 feet high. At 102-stories, it’s sure to deliver some pretty amazing views overlooking…

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Webster Square CondosIf you’re thinking about buying a condo in Chicago in 2021, we found three good reasons to buy at Webster Square.

The Location 

The first has to do with its location. The new property sits right in Lincoln Park, which puts residents within walking distance of the zoo, the Conservatory and the lakefront. The property is also close to shopping, dining and entertainment options.

The Amenities

 Another reason has to do with its amenities. Condo owners at Webster Square will enjoy a fitness center, catering kitchen and a rooftop sundeck with sweeping views. In addition, the pet-friendly building offers bicycle storage, a children’s room and a large private courtyard.  

The Floorplans

 Finally, you’re sure to enjoy the distinctive floor plans.…

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The Belgravia Group recently launched sales for their much anticipated, CA6 property containing 72 total units. As originally designed, the building was to have 67 condo units that were under 2400 sq. ft. and 5 units being 3150 sq. ft. The larger condos were priced from $1.63 million, while the smaller ones started at just under $826,000.

The first weekend the condos were offered for sale, all 5 of the larger units went under contract and according to the developer, there were at least a dozen other buyers interested in purchasing one. The demand prompted architects, Sullivan Goulette & Wilson, to immediately redesign the top of the building turning 7 of the smaller units into larger, more expensive duplexes. The total amount of units, 72 remained the…

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The new owner of a heavily discounted site on Lake Shore Drive is planning to build new apartments on the property. JAB Real Estate recently purchased the site at 3726 N Lake Shore for just over $4 million.

That’s a steep discount from the $8.75 million the previous owner paid for the exact same site in 2016. It’s expected that work on the new 36-unit apartment building could begin sometime later this spring.

Current renderings show a red brick building with street-facing balconies. The building is reportedly being built to blend in with some of the neighborhood’s more historic architecture.

Future renters can also expect to find some ground-level parking. The new apartment building replaces an existing three-flat on the site. 

Previously…

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It’s been a big year for new construction filings in Chicago. From Lakeshore Drive to Fulton Market, millions of square feet of new construction is proposed for the city. The square footage is based off of rezoning requests.

400 N. Lake Shore Drive

The largest filing for Chicago this year in terms of square footage belongs to a megaproject from Related Midwest. The developer filed plans earlier this year for a two-tower project at the former Chicago Spire site on Lakeshore Drive. The original proposal called for a large amount of office, residential and hotel space, but the developer is reportedly now in the process of reworking its proposal due to pushback.

1409-1471 N. Clybourn Ave.

The next largest filing for the year includes a…

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Just two condos remain available to buyers at the new Menomonee Row development of East Lincoln Park. This single-family development offers the luxury of upscale rowhomes just blocks from such sites and attractions as the Lincoln Park Zoo, retailers, dining options, theaters and the lake.

This elegant new construction property features private entrances and private underground parking. With a total of five rowhouses to choose from, Menomonee Row offers up to 4,500 square feet of living space.

The homes of Menomonee Row additionally offer access to large private rooftop terraces and custom accents throughout the homes. Elegantly appointed with luxurious modern features and finishes on the inside, the outside of the property appeals to the historic…

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Lathrop Apartments ChicagoBrand new, modern apartments accent Chicago’s Lathrop apartment complex. While the apartments themselves are certainly impressive, the amenities of this North Side property truly put it over the top.

Made up of a full eleven acres of open space and green space, the property includes on-site residential parking and the convenience of a children’s playground. It also provides outdoor recreational possibilities including a boat house and direct Chicago River access via the kayak and boat launch.

This is on top of a nearby nature trail, a riverfront dog park, landscaped gardens and a great lawn. In addition, residents of Lathrop are offered the option of available on-site storage and bicycle storage. 

With easy river access, residents of Lathrop are…

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Union Station Chicago DevelopmentConstruction in Downtown Chicago certainly isn’t slowing down as crews push ahead with work on a new tower close to Union Station. When complete, the 50-story tower will be the tallest west of Canal Street.

Dubbed Union Station Tower, the new building is going up right next door to Union Station’s transit center. The glass and steel designed tower will likely stand out in the neighborhood for now as it transitions from a former railway hub to a business and tech hub of the future.

Plans call for the new project to include room for high-end office space, a 400-car parking garage and also a publicly accessible park. Construction should wrap up in about two years.

Union Station Tower replaces an old Amtrak-owned parking garage in the neighborhood.…

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Chicago’s West Loop is one of the most exciting areas to eat, drink, and experience the best the city has to offer. But as you probably already know, the neighborhood has a number of new construction condo opportunities that are moving faster than ever. One such development is the Residences on Racine, which is a building that, as you'll see below, features some of the most desirable units you'll find anywhere in town...

Located at 236 S. Racine Ave, the Residences on Racine is a boutique building in the West Loop featuring 20 amazing condominium units. The units feature open floor plans, hardwood floors, contemporary interior design, modern finishes, and spacious balconies. There are units ranging in size from 2-4 bedrooms which provides a price point…

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