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All Blog Entries by Chicago Condos

Found 21 blog entries published by Chicago Condos.

Greyhound's North Halsted location in Goose Island, which has received offers of $50 million (Google Streetview)

In what could be a huge lure for Chicago developers hoping to break into Goose Island, there is confidence building that Mayor Rahm Emmanuel will relax zoning restrictions in the North Branch Industrial Corridor.

Their increased hope is based most recently on Greyhound fielding offers for its eight-acre maintenance facility in Goose Island. The offers are reportedly as high as $50 million, indicating the retail and residential potential for the area is well worth the money.

The zoning restrictions in question are known as the PMD designations, which stands for Planned Manufacturing Districts. While these once served a historical

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  1. Get rid of clutter!

We know, those pots and pans hanging above the counter are only there because that’s just where they go. And all the picture frames and antique figurines on the shelves add character and personality to your home. Unfortunately, potential buyers will not see things that way. Buyers look at your home as potential space for their own belongings when it becomes their home. The more they see, the less space they have to use their imagination. Just as you were creative and proactive making use of your space, the next buyer also wants to have the chance to show off their own creativity!

  1. Bathrooms

Bathrooms by nature take a lot of wear and tear due to steam and moisture. However, an immaculate bathroom says to potential

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As anyone who has kept an eye on politics in the last year would surely know, Donald Trump makes a lot of promises. Whether or not he can keep these promises is yet to be seen, as he is already backtracking on many of his claims since becoming President-elect.

But when it comes to the economy, many Americans feel confident that Trump’s business sense will help him in his presidency. Donald Trump’s name is synonymous with making money due to his luxury brand, public image, and real estate empire. But is it logical that a real estate mogul turned politician could rely on experience alone to influence markets, specifically in Chicago?

Trump’s election has had an unfavorable impact on the real estate market already. Uncertainty in the market has caused

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One age-old question often pops up for those looking for a new place to live: Should I rent, or should I buy?

 Put simply, the answer often comes down to where you are, what your budget is, and what your plans are for the future. But that doesn’t mean that those with conventional wisdom can’t make mistakes too. We’ll straighten out this deceptively complex question for all you future residents out there, so there’s no need to worry.

 Buyers may confidently rejoice that homes and condos listed in the Chicago area are benefiting from the improved economy over the last year. With plenty of secure jobs, low mortgage interest rates, and loans easier to obtain, it seems like the perfect time to buy. And many others would agree, as proven by the fact that

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The Great Recession is all but behind us, as America’s economy steadily grows healthier each day. Unemployment rates have shrunk, oil prices have dropped, and companies can expand confidently in America’s current economic landscape. But let’s not forget a big cause of the recession in the first place: the housing market crash. With this in mind, why has the rebound in Chicago’s suburbs been slower or even nonexistent compared to most Chicago neighborhoods?

Let’s start with Chicago as a model for growth. Chicago’s metropolitan area is consistently listed among the best in the nation for luring in corporate facilities, even topping the list this year found in Site Selection Magazine. The hugest draws for Chicago in just the past couple of years have been

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 Harpo Studios

The most recent news among Chicago real estate professionals is the talk surrounding the fast food giant, McDonald’s, moving the headquarters to the former Harpo Studios campus in the West Loop. Since backing out of the move to Chicago from their home base in Oak Brook last year, McDonald’s is now flirting with the idea of executing a deal with Sterling Bay, who bought the Harpo campus for $30.5M back in 2014, and occupying 300k-sqft of the site.  Crain’s reported that the company could soon vacate their suburban HQ and occupy the vacant Harpo Studios where Oprah used to film her long running talk show. Sterling Bay mentioned the demolition of former Harpo buildings and a new construction to take place and be completed by 2018 in which would be the

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Renelle on the River Condo coming Spring 2018

 Renelle Exterior

Soon to join the River North neighborhood of Chicago, a development that boasts a 17-story condo building at the foot of the Trump Tower. This project located a 403 N. Wabash, just North of the Loop, will include 43 residence units with price points upward of  $1.5 million. This upscale condo building has been announced as “Renelle on the River” and is anticipated for delivery in the spring of 2018. Although neighboring high-rises want bKL to reconsider the height of the building to 16 stories, it seems as though they will stick to the original layout and design.

Renelle on the River

Pre-sales for this building are expected to begin middle of this month starting around $1.5 million and reaching to about $3.0 million

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Chicago’s TOP 3 Most Expensive Properties!

March 2016

Spring is here and the housing market is entering into a new season of exciting real estate opportunities for both buyers and sellers in the Chicago area. Luxury properties are of special interest and a delight to consider, offering outstanding amenities, quality and impeccable details that are timeless, innovative and luxurious. The following are this month’s top three most expensive residential properties in the Chicago market, including the newer listing of a gorgeous cooperative apartment on the Near North Side in the prestigious Gold Coast neighborhood.

#1 – 1516 N. Lake Shore Drive (MLS#09046272 – Presented by Berkshire Hathaway HomeServices) listed at $17,000,000

First on

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Staycation

Staycationing in Chicago

A new popular trend is staycationing, the adventure of taking a vacation close to home, and what better place than to stay home and vacation in your hometown Chicago. Whether you live in the River North neighborhood, Lincoln Park, Gold Coast, the Loop or in the North Shore and surrounding suburbs, here’s a sampling of amazing places to consider when planning a Chicago Staycation.

TRAVEL THE WORLD, NO PASSPORT NEEDED

Field Museum of Natural History (1400 S. Lake Shore Drive, Chicago)

Chicago is rich in culture and history, filled with treasures from all over the world. A must-see destination point for staycationers is the Field Museum of Natural History featuring over 21 million historical artifact pieces and

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London House

Chicago’s First Tri-Level Rooftop Bar Opening Spring 2016

One of the highlights of Chicago is the abundant fine dining experiences the city offers in places rich in artisan details and intriguing histories. The soon-to-open LH Rooftop Bar and Restaurant is one such place located at the top of the newly renovated LondonHouse Hotel at the corner of Michigan Avenue and Wacker Drive, one of the four historic and architecturally stunning anchor buildings built in the 1920s by the Michigan Avenue Bridge. The other three buildings include the Wrigley Building, Chicago Tribune Tower and 333 North Michigan Avenue. Neighborhoods in the Loop and Near North Side can enjoy walkability to this new Chicago eating establishment and gathering place which

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