In recent months, much of Chicago’s development news has been related to luxury rentals—most notably at buildings like 111 W. Wacker, 500 N. Lake Shore, 73 E. Lake, and 850 N. Lake Shore. But as the downtown Chicago real estate market continues to thrive, we’re slowly but surely starting to see more condo projects in the works, just like what will soon be located at 400 W. Huron.
Just last month, Smithfield Properties LLC filed a zoning application that will allow them to build a 15-story, 46-unit boutique condo tower that will also include ground-level retail space. As luxury rentals continue to saturate the market, many believe the demand for condominium residences in downtown Chicago is back on the rise, especially for the luxury demographic.
Although details regarding pricing or interior finishes at 400 W. Huron have not been released, expect this new River North condo tower to offer the same high-quality interiors and amenities as what’s being developed over at 4 E. Elm in Chicago’s Gold Coast.
For more information about 400 W. Huron condos for sale or any other new development in downtown Chicago, call Helaine Cohen today at (312) 953-0961.
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