Chicago Lofts Under $400KLofts in Chicago are often some the fastest moving properties on the market, which is especially true for mid-level units priced somewhere between $300,000 and $400,000. In neighborhoods like the West Loop, condos and lofts at nearly every price point are selling faster than ever, and even in other parts of the city like River North and the South Loop, you’ll find that a well-priced loft-style condo won’t last long. So if you’re working somewhere inside of that $300,000 to $400,000 budget, jump start your loft search by seeing what’s currently available inside these top loft conversions.

520 S. State

Also known as Library Tower, 520 S State offers a wide variety of floor plans within a desirable setting. It’s possible, too, to find a one or…

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Chicago Housing Market NewsIt’s no secret that the spring season is usually the busiest time of the year for the housing market, and while that certainly isn’t expected to change in 2018, some industry pros feel this year could be one of the most competitive markets we’ve seen in years.

According to recent data from realtor.com®, inventory has been on a downslide for 42 consecutive months, and also already down 8.5% compared to just one year ago. Furthermore, homes are also selling faster all across the country, even as home prices continue to increase. In fact, compared to last February, home prices across the U.S. have already jumped another 10%, and this upward climb isn’t expected to drop anytime soon given buyer demand remains strong heading into the busy season.

Along with…

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One of downtown Chicago’s highest-profile residential developments is making some noteworthy changes, according to a recent report out from the Chicago Tribune. Fewer than two years after construction began, the mega South Loop development dubbed Riverline is now being split into two separate projects.

As noted by the Tribune, Australia-based Lendlease is now controlling a 7-acre section of the development site just north of River City, while Chicago-based CMK Cos. will develop the other 8-acre parcel just south of that.

Despite the changes, the overall project scope of the Riverline master plan hasn’t changed, only each individual developer will now manage individual project details like financing, construction schedules, and potential uses for…

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