Joffrey Tower is an elegant building at 8 East Randolph that soars high above the bustle of the Chicago Loop. Located on the northeast corner North State Street and East Randolph, Joffrey Tower is in the perfect location for great shopping, excellent cuisine, and endless entertainment.

Joffrey Tower embodies the breakthrough design of award-winning architect Laurence Booth, FAIA. Joffrey Tower units include floor-to-ceiling windows and spacious balconies that provide breathtaking views of the city skyline and Lake Michigan. The place where Joffrey Tower now sits used to be home to the Masonic Temple, which was once the tallest building in the world.

The Joffrey Ballet owns 2 floors in this building, which serve as its permanent home in Chicago. The ballet’s space includes administrative offices, seven state-of-the-art studios, and a black-box theatre. Joffrey Tower is situated in the theatre district of Chicago and is only a short distance from Cadillac Palace, Chicago , Goodman,  Harris, Ford Center/Oriental, and Storefront theatres, as well as the Chicago Cultural Center and the Tiffany-decorated former central library.

Joffrey Tower features granite counters, Kitchenaid stainless steel appliances, maple floors and cabinets, Grohe faucets, and free hi-speed internet. There is a fitness center, private storage area, as well as a 24 hour doorman. The high ceilings and attention to architectural detail in Joffrey Tower create a luxurious living atmosphere. Joffrey Tower is only a short stroll from Millennium Park, museums, fine dining, fantastic retail, and more.

Interested in this property? Contact us for more info or check out Joffrey Tower’s official website!

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#10-Silver Tower (River North)

Developer: Stonegate Development

Architect: Hartshorne + Plunkard Architects

Marketing: @Properties

Price Range: $250K-$3.5M

The Silver Tower is located in the tony River North neighborhood, and it combines stunning views with luxury living in a vibrant part of town. There are one-, two-, and three-bedroom floor plans available, with high ceilings and floor-to-ceiling windows. There also private balconies, a sky room, and a dog room. For a closer look, click here.

#9-Trump Tower (River North)

Developer: Trump Organization

Architect: Adrian Smith, Skidmore, Owings and Merrill

Marketing: Robert Prohaska

Price Range: $550K-$9 M

The Trump Tower is Chicago’s newest landmark, and it offers amazing views of the city, stainless steel Miele and Wolf appliances, granite countertops, marble and hardwood floors, and more. Floor plans range from studios to five-bedrooms. Don’t forget to check out the world-class luxury offered by the in-building spa. Click here for more.

#8-One Museum Park (South Loop)

Developer: The Enterprise Companies, The Forest City Enterprises, The Fogelson Properties, Bovis Lend Lease

Architect: Pappageorge/Haymes Ltd.

Marketing: Coldwell Banker

Price Range: $600K-$4.5M

This building will offer astounding views of Lake Michigan, Chicago’s skyline, and Solider Field when it’s completed. The location is hard to beat–downtown is just steps away, as is public transportation and lakefront recreation. The South Loop is a hot neighborhood, and this building is shaping up to be one of the best buildings in the area. Take a look here.

#7-Union Row (Pilsen)

Developer: 16th and Union

Architect: N/A

Marketing: Belgravia Realty Group, @Properties

Price Range: $485K-$650K

Another new development that has an appealing location. These town homes are close to the Illinois Medical District, the University of Illinois at Chicago, the Maxwell Street market, and the Loop. Click here for more.

#6-1122 West Catalpa (Edgewater)

Developer: Catalpa Developers

Architect: N/A

Marketing: Catalpa Gardens

Price Range: $250K-$500K

This new development shines due to proximity to the lake, nearby shopping and dining, and its location in a historic neighborhood. Add amenities like a dog walk, hardwood floors, and a rooftop deck, and this building has obvious appeal. There’s also an exercise room with lake views, a party deck, and washer and dryer hookups. Go here for a peek.

#5-Walton On The Park (Gold Coast)

Developer: The Enterprise Companies, Mesirow Financial Real Estate

Architect: Pappageorge/Haymes, Ltd.

Marketing: Waltononthepark.com

Price Range: $450K-$1.3M

Opening this summer, Walton on The Park is a development in the heart of Chicago’s Magnificent Mile, putting residents close to high-end shopping, dining, and recreation. Units will have upscale appliances, floor-to-ceiling windows, and hardwood floors. And that’s just for starters. Click here to see all the luxury Walton on the Park has to offer.

#4-565 West Quincy (West Loop)

Developer: Belagravia Group

Architect: Pappageorge/Haymes, Ltd.

Marketing: Belagravia Group

Price Range: $150K-$450K

Location matters here–but so does the “Q Room” which includes a private bowling alley and a movie screening room. One or two bedroom units are available, and there is plenty to do nearby. Lots of shopping and dining options abound, and of course, the heart of downtown is just minutes away. Take a look here.

#3-235 West Van Buren (Loop)

Developer: CMK Development Corporation

Architect: Perkins + Will

Marketing: CMK Realty

Price Range: $200K-$1M

Want to live downtown? Want amenities such as European vanities in the bathroom? How about taking a look at this development in the heart of Chicago’s Loop. You can’t get any closer to downtown than this. Click here to check it out.

#2-The Emerald (West Loop)

Developer: Harlem Irving Companies, New Frontier Companies, Senco Properties

Architect: Pappageorge Haymes, Ltd

Marketing: The Gerlach Group

Price Range: $275K-$600K

Perhaps the greenest condo building in Chicago, the Emerald offers bamboo flooring and fabrics made from recycled fiber. On top of that, the Emerald is located in the West Loop, right between Greektown and the Loop. There is plenty of dining and shopping near the Emerald, and commuters will love being near major expressways and commuter train stations. Click here for more.

#1-Aqua Lakeshore East

Developer: Magellan Development

Architect: Studio Gang Architects

Marketing: Magellan Realty

Price Range: $700K-$1M

This master-planned community puts residents in the heart of downtown. Michigan Avenue is just a short walk away, as is the lakefront. The Loop–and all of its social offerings–are close by. Living here will put you in the heart of the city. Take a look at Aqua Lakeshore East here.

Located near the intersection of Wacker and Lake Shore Dr., this 35-story, 304-unit building is a new-construction high-rise. With the river, lakefront, and skyline surrounding the Chandler on all sides, and with Magnificent Mile shopping just to the north and State Street retail just to the south, the location is hard to beat. The heart of the business district is just blocks away, as is the theater district.

Grant Park and Millenium Park are also close by, as is Navy Pier. Soldier Field and the Museum Campus are just a few minutes away by car or cab. Public transportation is easily accessible.

High-rise living downtown is a dream for many people, and with prices between $250K and $450K, that dream may be more affordable than one would think.

Click here for more information.

Is the Chicago real estate market getting better?

Now that a month and a half of 2010 is in the books, is the market getting better? According to CNNMoney.com, the home price forecast in Chicago is down 2.7 percent. That number looks bad, but it’s an improvement over what we saw in 2008 and 2009. The good news is that prices are expected to hit bottom in the second quarter of this year, which means a rebound could be happening right as the summer sales season begins.

What this means for buyers is that now is the time to go shopping, before the market begins to recover and the prices begin to climb. While there is no guarantee that the market will recover, and it’s unlikely to return to 2007 levels, the market will get better, and perhaps sooner that we think.

if you’re buying, look now. If you’re selling, take heart–you may be able to get more than you bargained for.