September 2018

Found 5 blog entries for September 2018.

808 Wells ApartmentsAmli Residential is prepping to build an impressive 17-story, 297-unit apartment tower in Chicago’s River North neighborhood, according to Crain’s. If approved, the project will be built at 808 N. Wells, the northwest corner of Chicago Avenue and Wells Street.

Per the Crain’s report, Amli acquired the site from Smithfield Properties, which originally planned 23-story, 58-unit condo tower prior to the company’s owner passing away a couple years ago.

For now, the plan is to have apartments at 808 N. Wells average about 548 square feet and target millennials who are willing to give up more living space in exchange for lower rent and the ability to live close to work.

Amli currently owns over 20,000 apartment residences across the U.S. and currently has two

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Chicago’s West Loop is widely considered one of the trendiest places to call home right now, and according to a new study, it’s also earned the label of having the highest concentration of millennials of any urban ZIP code in the country. 

According to U.S. Census data from 2016, three out of four residents in the West Loop’s 60661 ZIP code are millennials, the generation born between 1983 and 2000.

This particular part of the West Loop mostly occupies the eastern portion of the neighborhood, stretching from West Kinzie Street to the north down to West Van Buren Street to the south, and North Halsted Street to the west over to South Canal Street to the east. 

Just three other ZIP codes in the U.S. had 70% or more residents who were millennials

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Chicago LoftsWhile Chicago’s West Loop, River North, and South Loop neighborhoods have the highest concentration of classic timber and concrete lofts, these locations aren’t the only places in town you’ll find authentic loft conversions. And even though inventory might be a littler tighter, here are just a few additional neighborhoods outside of downtown we recommend any loft buyer should consider. 

Bucktown 

Considered by many to be one of Chicago’s hippest locations, the Bucktown housing supply is just as diverse as its population. Along with all the modern new construction single-family homes, vintage workers cottages, and wide-range of condo buildings, Bucktown also has its fair-share of residential lofts as well, which is one of many reasons why it tops our

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Divvy bike sharing The Divvy bike sharing service still seems to be thriving as plans to add 36 more stations to accommodate more riders were just recently announced. 

Most recently, Divvy launched a new station at Malcom X College over on Chicago’s west side, and additional stations will reportedly be added in River North, Englewood, Ukrainian Village, and the Near West Side over the coming weeks and months. 

Divvy also released new and improved app features this year, which include better maps that highlight bike friendly roads and suggested routes rides may want to take based on station location. In addition, increased ride time for members from 30 minutes to 45 minutes and unveiling bike trains to move more bikes without carbon emissions were also on Divvy’s to-do

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Andersonville 2 FlatsFew neighborhoods in Chicago offer the kind of charm and desirability of Andersonville, and much of that character can be directly tied to all the vintage two-flats that line so many of the community’s quiet tree-lined streets. 

In recent months, Andersonville residents have expressed a growing commitment towards protecting the neighborhood’s two-flats, which in many ways help define this lovely north side community. And according to a recent report from Crain’s, their efforts are paying off. 

As just reported last week, Ald. Harry Osterman (48th) will soon introduce an ordinance to downzone a fairly significant portion of Andersonville, which should help protect smaller multi-unit dwellings that lie in an eight-square-block area that’s known by

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