August 2015

Found 6 blog entries for August 2015.

Everyday is a new day in the Chicago real estate industry, and like many other aspects of life, some days are good, other days are bad. The fun days usually involve an influx of exciting or dynamic new listings to hit the market, while the not-so-fun days are when nothing really happens and it’s just another day at the office.  

As someone who’s always keeping an eye on the market, market conditions, and what’s popping on and off the market, checking out some of downtown Chicago’s newest and freshest listings to hit the MLS is a pretty routine task, not to mention one of the best parts about working in real estate. Getting a glimpse inside some of the Windy City’s coolest homes, condos or lofts to hit the open market never seems to get old, regardless of

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Michigan Avenue Apple Store

Although we don’t generally cover retail news, when it comes to Apple, all bets are off. Earlier this month, news came down that the monster tech company is considering relocating its Michigan Avenue store a bit further south towards the main branch of the Chicago River.

According to a report from Crain’s, Apple is targeting a spot at 401 N. Michigan Avenue, which would then act as the flagship store in Chicago and be built mostly underground—much like its flagship store in New York.

If all goes according to plan, the new Michigan Avenue Apple store would only be accessible on street level, which most likely would be through its trademark glass structure. The glass box would actually be built on Pioneer Court, or what’s basically the plaza in front of

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Chicago New Construction Real Estate

Those of us already living in Chicago know full well that new construction development is very active around town, and actually has been for quite some time. But what many of us probably don’t realize is just how much the new construction industry has bounced back since the real estate downturn that started back in 2008.

Well, according to a recent report from the U.S. Census Bureau, things are starting to become much more clearer, as housing starts around the country are at their highest level in roughly eight years, making it the strongest new construction market since 2007.

As noted in the report, single-family home construction has been especially strong in 2015, but worth noting is that the number of permits also seems to be on the decline,

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In case you haven’t noticed, condos in Chicago aren’t just selling, they’re selling quickly. As noted in an interesting piece from Crain’s, condos in the city sold in an average of 61 days in June, or at the quickest pace since January 2007, according to Midwest Real Estate Data.

And perhaps the best part about what we’re seeing right now is that everything seems to be going at a quicker rate, from luxury condos in Chicago to entry-level condos that are attracting first-time home buyers or even investors.

Chicago’s 61-day market time in June is also three times faster than the condo market’s slowest month on record, which no surprise, was back in February of 2011.

It’s important to note that because the 61-day market time covers the entire city, how

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Chicago Air and Water Show

It’s that time of year again when the famous Chicago Air and Water show makes its way back to the lakefront, and believe it or not, 2015 marks its 57th year. Chances are, if you’ve lived in the Chicago area for awhile now, you probably already know what to expect—some pretty cool demonstrations from a variety of naval and aviation teams, both from the military, as well as civilians.

However, as a refresher, here’s a few quick facts about this year’s show, and what you can expect should you decide to fight the 1.5 to 2 million people who usually attend:

What time does the Chicago Air and Water Show start?

As always, the show runs from 10:00 a.m. to 3 p.m. on Saturday and Sunday.

Where should I watch the Chicago Air and Water Show?

Anywhere along the

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Back in August of 2012, plans for the 20-acre Maggie Daley Park were first introduced, and now, nearly three years later, the gorgeous new green space that sits just northeast of Grant Park is now in it’s first summer and is a huge hit among locals and visitors to the city.

Included in the outdoor space is a one-quarter mile long ice skating ribbon, rock climbing walls, a huge playground, three open lawns, picnic groves, and even a cafe. In all, Chicago’s Maggie Daley Park cost $60 million to build, but after your first visit to this majestic new downtown attraction, you’ll probably agree it was money well spent. For anyone who has yet to make their way down to the Loop’s newest attraction, here’s a few looks at what you can expect to see:

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