Looking Ahead to July's Coolest Events & Festivals in Chicago
Posted by Helaine Cohen on
The 4th of July fireworks may be over for the year, but there’s still plenty of fun heating up the Downtown Chicago area this month. From locally made art to sampling an array of local menus, the month of July has plenty to offer.
artfest Michigan Avenue- N. Michigan Avenue (July 15-17)
An array of artwork and exhibits will transform eight blocks of Michigan Avenue this year during artfest Michigan Avenue. Held mid-month, the festival will include three-days of crafts and artwork to enjoy.
Taste of River North- Ward Park (July 22-24)
The next weekend, meanwhile, invites the tastes and sounds of the appropriately themed Taste of River North food and music festival. Held at Ward Park the three-day long event will include plenty of fun and games…
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Some positive news for Chicago-area homeowners, as home appreciation in the area recently ranked second in the entire nation in recent months. In comparing March to April 2016, the Case-Shiller Home Price Indices found that Chicago was number two when it came to the highest growth in home prices.
Even with development already crazy right now in River North, another residential tower appears to be in the works from Lennar Multifamily Community. Just recently announced were plans to build a sleek new apartment tower at 675 N. Wells, which is currently occupied by a 24,193 square foot parking lot.
A new River North mixed-use development has recently been unveiled and it could call for the addition of a rooftop lounge along with a New York-based restaurant. Slated to go in at the northwest corner of Hubbard and LaSalle where a parking lot now exists is a proposed 199-room, 18-story hotel.
Although it’s been awhile since the townhouse development at 20 Loomis Street has been announced, an update has just recently been announced for the project. With West Loop real estate still on the rise, developers now may be targeting luxury buyers, as floor plans will now offer four bedrooms and four bathrooms. In addition, prices will now start at $2.199 million, which for a four bedroom townhouse that you won’t find anywhere else in the red hot West Loop is a pretty favorable deal.
In efforts to help bolster Chicago’s public schools plus the troubled police and firefighters pension plans, area homeowners will soon see a spike in property taxes. The tax bills will be mailed out soon, delivering Chicago homeowners with news that they’ll pay 13-percent more on average this year than they did last year. That’s in accordance with figures recently released from the Cook County Clerk’s office.
With approval for new West Loop condos in place, demolition crews recently began work tearing down an old parking garage and auto garage at 1045 W. Washington. In its place developers plan to construct dozens of new luxury condos.