Boutique Apartment Project Planned For Lake Shore Drive
Posted by Helaine Cohen on
The new owner of a heavily discounted site on Lake Shore Drive is planning to build new apartments on the property. JAB Real Estate recently purchased the site at 3726 N Lake Shore for just over $4 million.
That’s a steep discount from the $8.75 million the previous owner paid for the exact same site in 2016. It’s expected that work on the new 36-unit apartment building could begin sometime later this spring.
Current renderings show a red brick building with street-facing balconies. The building is reportedly being built to blend in with some of the neighborhood’s more historic architecture.
Future renters can also expect to find some ground-level parking. The new apartment building replaces an existing three-flat on the site.
Previously…
573 Views, 0 Comments
A spectacular new apartment tower now rises up in the West Loop. With rentals ranging from studios to three-bedroom floor plans, 727 W. Madison offers the apartment design renters are searching for.
Brand new, modern apartments accent Chicago’s Lathrop apartment complex. While the apartments themselves are certainly impressive, the amenities of this North Side property truly put it over the top.
From a convenient address to ample amenities, you’ll love living at the Sienna Flats in Downtown Chicago. There are plenty of things to enjoy about living at Sienna, but in this case, we’ve narrowed it down to just three, including its features, its amenities and its location.
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.
Planning to be in the market for a new apartment in 2020? Check out 3 fabulous new construction options up on Chicago's North Side below...
Renelle on the River, a 17-story luxury high-rise building features not only a riverfront location, but also awesome views and convenient access to some of the neighborhood’s best amenities and attractions. If you’re looking for luxury rental unit, Renelle on the River, developed by an affiliate of Belgravia Group; whom have an excellent reputation in Chicago, is an indisputable must see!
The luxury rental market in River North is booming right now, providing anyone in the market for a posh new apartment with plenty of options and opportunities to consider. So to help streamline your search, we've identified several buildings that you'll definitely want to check out before making any final decision....
.jpg)
Although the rental season in Chicago has come and gone this year, plenty of amazing opportunities await those still looking for a new rental to call home this fall.
The final Old Town Park apartment tower is now under construction. Crews recently began work on the new high-rise on Chicago’s Near North Side.