Up-And-Coming River West Offers Unique Opportunity to Savvy Condo Buyers

Posted by Helaine Cohen on Friday, October 31st, 2014 at 3:35pm.

River West Condos For Sale

River West isn't one of those downtown neighborhoods that garners a lot of attention from today's home buyers. Nearby River North features some of Chicago's hottest nightlife, while just down the street, the West Loop is now home to the city's most recognized dining and restaurant scene—leaving River West to be little more than an afterthought when it comes to being a destination to live, work, or play around the downtown area.   

But over the past several years however, development around River West has quietly picked up, and if the proposed 16-story, 240-unit apartment building at Grand and Milwaukee finally does become a reality, it's only a matter of time before this small part of Chicago that's wedged in between the Chicago River and I-90 to really start booming.  

Although progress at Grand and Milwaukee appears to be stalled, it's really only a matter of time before something replaces the long-vacant, half-collapsed warehouse that sits at this alarmingly underdeveloped intersection with so much potential. Despite the appalling eye-sore at Grand and Milwaukee, River West still has a lot going for it, even today. The highly-touted Dawson just opened up directly across the street, while the Grand Blue Line station, also conveniently located at the Grand & Milwaukee Six Corners intersection, provides neighborhood residents with easy and quick transportation to downtown, as well as the trendy and vibrant Bucktown-Wicker Park area on the city's west side. 

So, if you happen to be in the market for a new downtown Chicago condo, and making a savvy investment is also something you hope to accomplish during the home buying process, River West might offer a unique opportunity that's sure to get you a high return, and most likely sooner rather than later.

SEARCH ACTIVE RIVER WEST CONDOS FOR SALE BELOW:

31 Properties Found. Page 1 of 4

3 Bedroom Residential Property in Chicago, IL

REDUCED 8% Photo of Listing #10310443
prevnext 1 of 17 images

$2,199,900 Active

  • 3 Beds
  • Baths
  • 4,000 ft²

Residential

457 North Canal Street, Chicago, IL

MLS® #10310443

Sun Drenched, End Unit Town Home, Fronting The ...

prevnext 1 of 25 images

$1,950,000 Active

  • 4 Beds
  • Baths
  • 4,000 ft²

Residential

453 North Canal Street, Chicago, IL

MLS® #10584460

Sun Drenched, End Unit Town Home, Fronting The Chicago River In The Gated Community Of Kinzie Park With East, North And West Exposures. Pull Into Your Attached, Oversized 2 Car Garage And Enter The First Floor Family Room With French Doors To The Private Yard Overlooking The River. Completing T...

Penthouse 3bd/2.5bth On 5th Floor Of Elevator B...

REDUCED 7% Photo of Listing #10579538
prevnext 1 of 33 images

$1,250,000 Active

  • 3 Beds
  • Baths
  • 2,000 ft²

Residential

836 West Hubbard Street #502, Chicago, IL

MLS® #10579538

Penthouse 3bd/2.5bth On 5th Floor Of Elevator Building! Includes Interior Access To 1,900sf Private Rooftop Deck Including High End Trex Decking, Pergola, Fire Pit, And City Views! This Extra Wide Modern Residence Is In Like New Condition Delivered In 2017 By Renowned Ranquist Development. A Bou...

When Only Perfection Will Do Expansive Open Flo...

REDUCED 4% Photo of Listing #10492149
prevnext 1 of 16 images

$799,000 Active

  • 3 Beds
  • 2 Baths

Residential

650 North Morgan Street #402, Chicago, IL

MLS® #10492149

When Only Perfection Will Do Expansive Open Floorplan,custom Wood Floors Through Out, Designer Electronic Shades On All Windows,surround Sound,commercial Grade Kitchen With Full Size Separate Refrigerator And Freezer, Nuova Style Florense Cabinetry, Quartz Double Edge Waterfall Island Plus Pantry...

70% Sold! Top Floor Unit In Exceptional New Con...

prevnext 1 of 13 images

$699,000 Active

  • 3 Beds
  • 2 Baths

Residential

680 North Milwaukee Avenue #601, Chicago, IL

MLS® #10585484

70% Sold! Top Floor Unit In Exceptional New Construction Boutique Elevator Building In River West. This Is The Last Unit Available In This Tier. This 20 Unit Poured Concrete Building Is Walking Distance To Public Transit And The Bars And Restaurants In The West Loop. Perfectly Fitted Three Bed Tw...

Bonus! $5,000 Closing Cost Credit Offered!!! Ma...

prevnext 1 of 25 images

$699,000 Active

  • 3 Beds
  • 2 Baths
  • 1,896 ft²

Residential

1133 West Chicago Avenue #3e, Oak Park, IL

MLS® #10534322

Bonus! $5,000 Closing Cost Credit Offered!!! Maple Place Is An Exceptional Luxury Residence That Is Eco-friendly & Earned The Special Leed Gold Certification! Upgraded 31/4" Solid Oak Floors Throughout, Upgraded Designer Kitchen Cabs + Granite Counters, Upgraded Bosch Appl Package, Upgraded Light...

70% Sold! Exceptional Top Floor, Three Bedroom,...

prevnext 1 of 19 images

$675,000 Active

  • 3 Beds
  • 2 Baths

Residential

680 North Milwaukee Avenue #603, Chicago, IL

MLS® #10540705

70% Sold! Exceptional Top Floor, Three Bedroom, Two Bath Unit In New Construction Boutique Elevator Building In River West. Private Balcony In Unit And Roof Deck Patio Both With Amazing Views Of Downtown.this 20 Unit Poured Concrete Building Is Walking Distance To Public Transit And The Bars And ...

Developer Close Out! Only One Unit Left In This...

prevnext 1 of 23 images

$649,000 Active

  • 3 Beds
  • 2 Baths

Residential

650 North Morgan Street #601, Chicago, IL

MLS® #10585489

Developer Close Out! Only One Unit Left In This River West, New Construction, Boutique Elevator Building. This Top Floor Unit Comes With A Roof Deck Fit With Amazing Skyline Views. Fantastic Location In River West Neighborhood And Only A Short Commute To The Loop And Fulton Market. Open Layout Wi...

Helaine Cohen, Chicago Real Estate Broker

Leave a Comment