The first half of the year saw a slight downturn in the volume of real estate construction projects in Chicago as compared to a year earlier, but the Windy City still fared better than most major U.S. markets. According to Dodge Data Analytics, as relayed by the Chicago Tribune, commercial and multi-family construction starts Read more
Thanks to a surge in mortgage applications and mortgage preapprovals, the Chicago housing market is poised to be “one of the hottest in the nation in the third quarter.” The news comes from real estate information service Atom as relayed by Crain's Business Chicago. According to the report, Chicago trailed only Colorado Springs, Colo. in Read more
Rendering of planned mixed-use development on Chicago's south lakefront. European developers revealed plans to build as many as 20,000 modular homes on the 440-acre former site of the U.S. Steel South Works plant on Chicago's south lakefront. While many previous plans for the long dormant site have been pitched and fizzled, city leaders Read more
The number of million-dollar homes sold in Chicago spiked the first half of the year. According to Midwest Real Estate Data, 1,347 units sold for at least seven figures the first six months of the year in the Chicago metro area, which represented a sharp 13.4 percent increase from the first half of 2016. Those Read more
A new report found the Chicago housing market enjoyed a solid first half of 2017. According to Re/Max, home sales in the seven-county metro area were up 4.0 percent as compared to the first half of 2016, while the median home price gained 6.6 percent. Despite a limited inventory, sales increased to 58,275 units for Read more
Rendering of Vista Tower schedule for completion in 2020. Mixed-use developments were once a tough sell in Chicago. But as the Chicago Tribune reported this week, that is no longer the case. Currently, there are no fewer than 10 massive mixed-use complexes with a price tag of at least $1 billion dollars in Read more
1834 N. Paulina Ave. Chicago, Ill. New to the Chicago housing market is this custom-built home in the Bucktown section of the Windy City. Designed by award-winning architect Studio Dwell, this innovative residence comes with five bedrooms, four full baths and one partial bath. It's listed for $1,789,000. This is a truly one-of-a-kind Read more
CITY HALL — The city Plan Commission Thursday unanimously signed off on a measure to allow the sale of six city-owned lots for $6 to a developer who will build a half-dozen affordable single-family homes in West Town. Despite opposition from residents of Erie Street who had concerns about the look of the homes, the commission Read more
There was a slowdown in home sales in Chicago in April, which was largely attributed to a dwindling supply of available homes in metro area. In its latest report, Illinois Realtors found the supply of homes on the market in Chicago was down a whopping 19.4 percent from a year earlier. The result? A 2.3 percent Read more
653 N. Kingsbury St. Chicago Now on the market is this one-of-kind condo in River North Chicago. Nestled in a beautiful building designed by noted Chicago architect Lucien LaGrange, this roomy residence comes with four bedrooms, four full baths, one partial bath and 2,800 square-feet of living space. It's listed for $1,399,900. The Read more