Archive for November 2010

How two homes become one at Superior 110 in River North

Locals call Superior 110 “the blue building” because of the striking tint of its floor-to-ceiling windows. As you’ll see in this video, the camera picks up the blue tint, but it isn’t so apparent to the human eye when you’re inside. Greg Eldridge of @properties invited Joe Zekas to Superior 110 last week to begin... Read more »

The ups and downs of downtown Chicago's rental market

Fifty-two weeks ago, we started tracking the number of homes listed for rent in 14 different downtown-area ZIP codes. (Every Friday, using the “rental” filter in Coldwell Banker‘s Quick Search, we pull up the number of listings for 60601, 60602, 60603, 60604, 60605, 60606, 60607, 60608, 60610, 60611, 60616, 60622, 60654, and 60661, and record... Read more »

The Francis J. Dewes House: A landmark home in Lincoln Park, priced at $9.9 million

Last Friday Joe Zekas spent an hour marveling at the Francis J. Dewes House in Lincoln Park. The home was one of the most lavishly detailed and decorated homes in Chicago when it was built in the 1890s, and remains in that category today. It’s a Chicago landmark, and is listed on the National Register... Read more »

Appraisal Research: Half of downtown's newest apartments are leased, rent hikes coming in second half of 2011

Roughly half of the apartments in downtown’s seven newest rental high-rises are now under lease, according to Appraisal Research Counselors‘ latest Downtown Chicago Residential Benchmark Report. The buildings comprise 2,324 apartments, 1,135 of which are under contract. The┬álease-up rates for these buildings through the end of October were: Trio, 670 W Wayman St: 49 of... Read more »

How Sandz Development will transform the old Lincoln Park Hospital into new condos, offices, and retail space

Yesterday afternoon Joe Zekas and I met Sandz Development principal David Goldman outside the old Lincoln Park Hospital (or Grant Hospital, if you prefer) to learn more about Webster Square, the new mixed-use development that Sandz plans to build at the intersection of Lincoln Avenue, Webster Avenue, and Larrabee Street. Here, David discusses Sandz Development’s... Read more »

Nine lots ready for new custom-built mansions on Lake Shore Drive

You rarely see new single-family homes spring up along Lake Shore Drive, that’s what someone has in mind in Lake View. In September Emily Sachs Wong of Koenig & Strey posted a sample listing for Lake Shore Estates, an “exclusive enclave” of lots zoned for single-family homes, located near the corner of Lake Shore and... Read more »

Humboldt Park single-family homes hit hard by recession

Jeff Baird is a real estate valuation consultant based in Chicago. He founded Lakeshore Analytics to bring comprehensive, understandable housing data and analysis to Chicago-area readers. The site features a blog with free market news and charts, summary data on 20 top neighborhoods, and quarterly data subscriptions. Many neighborhoods have faced a rocky road during... Read more »

Inside the boundary area of Chicago's best neighborhood elementary school

Last week the Sun-Times published its 2010 report cards for public elementary, middle, and high schools in the Chicago area. The top seven public elementaries in Chicago proper are test-in schools; the eighth, Lincoln, is the highest ranked boundary-area elementary in the city, and the 14th highest public elementary statewide. The map above, taken from... Read more »

Four years of videos: developer George Thrush in 2007, on pioneering neighborhoods

November 2 marked the fourth anniversary of the first video uploaded to YoChicago’s YouTube channel. Since that time, the YoChicago staff has created more than one new video about Chicago homes and neighborhoods per day, on average. One of the most-viewed videos on the YoChicago YouTube Channel in early November 2007 was this segment of... Read more »

@properties still promoting proposed Jeanne Gang-designed high-rise in Hyde Park

You’d think there’d be little interest in continuing to market a high-rise that doesn’t exist, and in most cases, there isn’t. The sales centers and listings for unbuilt high-rise projects have all but disappeared. Antheus Capital and @properties are willing to ride things out in Hyde Park, though. @properties is still listing units at Solstice... Read more »