Loop North Real Estate News

State’s four most expensive zip codes for renters are in Loop, neighborhoods north and west

No surprise here. The highest rents in Illinois this year were paid by renters in the Loop, West Loop, River North, and Streeterville.

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Community support for hotel renovation plans in Lincoln Park

Support for the project but concerns about parking was how 43rd Ward Alderman Michele Smith described her October 2 community meeting to discuss redevelopment of Hotel Covent.

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Sound of silence all that can be heard from autumn home-buying market

Veteran residential brokers call it a ‘cricket’s market.’ As property taxes skyrocket, home sales in Chicago have plummeted.

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New condo market still alive and River North, West Loop are sizzling

Despite the decade-long boom in new rental apartments in Chicago, the market for new-construction condominiums is far from dead.

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Chicago home prices rise 3.5 percent despite slow transactions in August

Despite affordable mortgage rates, the doldrums of summer apparently are keeping the Chicago housing market in slumber.

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New condominium ‘deconversion’ ordinance gives owners more power

The condo deconversion vultures circling Chicago may have to adjust their sites under a new ordinance passed last week by the Chicago City Council.

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Will your home’s dated kitchen lose its sizzle at resale time?

The kitchen often is called the heart of the home. But in today’s style-conscious society, this fundamental living space can age fast.

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Proposal withdrawn for high-rise rental building on State Street

There are no longer plans to build a 39-story apartment building at 1130 North State Street.

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More unit owners would have to approve deconversion under proposed ordinance

More unit owners in a Chicago condominium that has an offer would have to approve deconversion of their building if a proposed ordinance takes effect.

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Huge apartment rent increases forecast for Chicago but have not yet hit

Like death and taxes, there is one other inevitability in life – apartment rent increases.

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Escaping Condo Jail