Tag Archives: Chicago Condos

Looking For A Luxury Condo In Chicago?

Condo living, especially living in the luxury condo buildings, here in Chicago has so many conveniences and with all the luxury condos for sale, there is no reason to live out in the ‘burbs anymore, especially with high cost of fuel.
Chicago Real Estate Market
Chicago has long been known for its elite residents, and the Chicago real estate market caters to this population.
Not only are residential properties following suit, but Chicago also boasts some of the best shopping, education, and medicine in the nation. Chicago luxury condo owners never have a …

Cubs Player Regrets River Forest Purchase

The Chicago Cubs have been having a bit of a rocky season, both on and off the field. The Cubs haven’t won a World Series since 1908, which means that Chicago’s home town heroes have been striking out each season for more than 100 years. But a few players have also been striking out in real estate.
Pitcher Carlos Zambrano, for instance, is struggling to sell his suburban home, located in sleepy River Forest, at the moment. When Zambrano bought the home, which was built in 1999, he paid $1.199 million for …

The Neighborhood Files: Hyde Park

Chicago is, perhaps more than most cities, a city of neighborhoods. From the broad boulevards of Lincoln Park, to the arty avenues of Pilsen, each and every neighborhood in this city possesses its own distinct energy and unique charm.  Each neighborhood is worth learning a little more about. So, every other week, we’ll be featuring another neighborhood on this section of the blog, and we’ll interview someone living in that neighborhood—Someone capable of giving us the inside scoop on their ‘hood!

This week I sat down with Virginia James and talked …

Wrigley Building Sold to Groupon Execs

News broke earlier this week that the Wrigley Building to a group of investors led by BDT Capital Partners. BDT Capital Partners is comprised of members of the Zeller Realty Group, including Eric Lefkofsky and Brad Keywell, two of the three co-founders of Chicago’s very own multi-billion dollar tech company, Groupon.

According to a press release related to the sale, the chief investment officer for BDT Capital Partners, Byron D Trott, said this about the sale:
“The Wrigley Building is an iconic Chicago asset in a premier Chicago location on Michigan Avenue …

Luxury Units Limp Behind Lagging Real Estate Market

According to the Chicago Tribune, new luxury constructions are few and far between these days, but that doesn’t mean that they’re entirely non-existent.
As many Chicagoans already know, construction continues on the much-anticipated Lincoln Park 2520, a luxury high-rise featuring thirty nine residential floors and many more individual units. Construction has also begun on a Ritz-Carlton located along the north side of Michigan Avenue, a new hotel which will include eighty eight long-term residential units.

“The two high-rises share the notable distinction,” the Tribune reports “of being the only sizable Chicago condo buildings that …

Abandoned Buildings Could be Converted into Art Studios and Apartments in Pilsen

WBEZ staffer Micah Maidenberg reports that a Pilsen alderman may convert block of abandoned buildings in his neighborhood into apartment units and studio spaces for artists.
“In June,” Maidenberg writes, “Alderman Danny Solis, who represents the area in Chicago’s City Council, introduced an ordinance that calls for allowing “work-live units” in the buildings, where artists and small-scale producers would be able to collapse their home and professional lives into the same space.”
“It’s an idea he says is tied to the changing nature of Pilsen itself, a historically immigrant neighborhood that once …

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