Residences on Racine is a Contemporary Gem In The West Loop
Posted by Helaine Cohen on
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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Recent months have been up and down with regard to home sales in Chicago. October was a slower month overall for home sales in the Chicago area, but despite the dip in sales activity, home prices remained strong in the 9 counties making up the metro area, according to the latest figures. The average price of home sold in October in Chicago was $275K up about 1.4 % over 2018. If you compare that to the metro area, the average price of a home in October was about 240K which is an increase of 4.3% over last year. This is the strongest growth in prices of any month since February 2018.
Real estate experts say Chicago’s downtown apartment market appears in balance, at least for now. While they’re not projecting big rent growth, they’re also not projecting problems with supply.
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