Archive for May 2012

Developer sees high demand for high-end Lincoln Park homes

I stopped by the Ranch Triangle neighborhood in Lincoln Park on Wednesday to photograph 1703 N Dayton in preparation for a blog post. The home is currently listed for sale at $4.5 million. We’d previously written about the site three years ago when it was in foreclosure, along with other properties by developer Seth Harris.... Read more »

A newly-listed 4-bedroom for $4.95M in a cash-only Gold Coast co-op

The Chicago co-op building at 1500 N Lake Shore Drive is the only Chicago project credited to Rosario Candela, the designer of many of New York’s most luxurious apartment buildings. When the building opened in the late 1920s Ruth Bergman wrote that “Olympus is more beautiful but the gods have never chilled their nectar in... Read more »

A video tour of the under-construction K2 apartments

K2 at K Station is a 496-unit 34-story apartment tower that’s under construction in Chicago’s Fulton River District. McHugh Construction Project Engineer Owen Smith showed me around the site yesterday, starting at ground level and ending on the 13th floor, which is partially complete. From the 9th floor on we climbed construction ladders. We stopped... Read more »

Streeterville apartment construction update

Two new apartment towers are currently underway in Streeterville, both targeting delivery next year. The 500-unit apartment tower under construction at 500 N Lake Shore Dr in Streeterville is more than halfway toward its 45-story height. In the picture above the building is framed by the RiverView Condominiums, 415 and 445 E North Water St.... Read more »

Tour a luxuriously reconstructed Gold Coast home

The 6,300 square foot single-family greystone at 48 E Cedar St in the Gold Coast was completely reconstructed two years ago. The 3-story plus lower-level home has 5 bedrooms, 5 full and two half baths, a library, a media room, a Christopher Peacock kitchen and all the features you’d expect in a luxury residence. The... Read more »

Irving Park condo goes from $400K to $50K in five years

Five years ago we reported that a development called The Terrace was offering 24 3-bedroom, 2 ½ bath condos in four 6-flats at 3917 – 3935 N Kedzie Ave in Irving Park. One building was said to be complete, and the others “in various stages of construction.” Six weeks later we wrote that “approximately 1,800... Read more »

Beverly / Morgan Park home tour is this Sunday

This weekend marks the 42nd Annual Beverly Hills / Morgan Park Home Tour. Six private homes and a historic church will be open for viewing Sunday, May 20, from 11 to 5. Tickets for the tour are $25 in advance or $30 at the door. From 1 to 3 on Sunday you can meet artist... Read more »

North lakefront rental supply trending up in the MLS

For the second week in a row the number of MLS-listed homes, apartments and condos in 6 north lakefront ZIP codes reached a new high since we began tracking earlier this year. There are currently 581 units listed for rent in the MLS from Lincoln Park north to Rogers Park. That amounts to less than... Read more »

Head a little inland for great views

You don’t need to be in a downtown high-rise to enjoy spectacular views of Chicago’s skyline. You don’t even need to be in a high-rise. And, for the best views, you’ll want to be a mile or more west of the Loop, anywhere from the West Loop on north. The above view to the south... Read more »

Inland affiliate buys Kimball Station in Albany Park

It’s been almost exactly three years since we received word that Kimball Station, a 59-unit condo development in Albany Park, had converted to rentals. Although we’d been told at one point that 15 of the units were under contract, none ever closed. Crain’s has just reported that the project, which includes a mix of 1-,... Read more »