Tag: apartments

North Shore rents spike up 12.8%

According to an Appraisal Research Counselors study, reported recently in Crain’s, suburban apartment complexes in the Chicago area had the lowest vacancy rates in nearly five years and the highest rent levels ever. The Naperville / Aurora submarket had the highest occupancy rate, at 96.9% but saw net rents rise year-over-year by just 0.7%. North... Read more »

Construction check – Seventeen17 on the rise in Evanston

Seventeen17, an 8-story, 175-unit apartment complex underway at 1717 Ridge Ave in Evanston, has risen above its 2-story parking base. The steel frame and precast concrete construction should facilitate rapid progress toward a goal of Spring 2013 occupancy. When complete, Seventeen17 will include a courtyard, outdoor pool, lounge and fitness facility. The project is being... Read more »

An updated look at AMLI Evanston

AMLI Evanston, the mixed-use development at Chicago Ave and Kedzie St in Evanston, continues to progress toward its goal of occupancy by spring 2013. Concrete work, which was the focus of activity at the time of my last visit, is expected to wrap up by the end of the month. When complete, the project will... Read more »

Video tours of eight updated Evanston apartments

Wouldn’t it be great if every apartment building had a video tour that gave you a good look at the apartments and their location? Video gives you the time to see more apartments, learn about their surroundings, and home in on the places that seem the best fit. The most useful video tours, like the... Read more »

Rent a Lake Forest coach house on a 5-acre estate

For a mere $2,600 a month you can rent a 3-bedroom, 2 ½ bath coach house on a 5-acre estate whose main home was designed by Walter Frazier. Walter who? Walter Frazier, who was not a/k/a Clyde Frazier. You say you’ve never heard of Walter Frazier, the architect who designed Chicago’s Casino Club? And you’ve... Read more »

A North Shore real estate news roundup

If you’re homeward bound to Chicago’s North Shore suburbs, the local media can help you learn the flavor of the different communities and keep you up-to-date on real estate news. Not all of the stories linked below qualify as actual “real estate news,” but they may affect your decision on where to move. A foreclosure’s... Read more »

Renovated vintage apartments in Evanston

The renovated vintage midrise at 860 Hinman is home to two of Evanston’s favorites – the Brothers K coffee house and the Lucky Platter restaurant. Along Main Street and around the corner on Chicago Ave residents find a good selection of one-of-a-kind shops and restaurants, together with Starbucks and Whole Foods. CTA and Metra stops... Read more »

Lake Bluff apartment complex for sale

According to Crain’s Chicago Real Estate Daily, the 224-unit Deer Valley apartment complex in Lake Bluff is for sale a year after it was purchased for $22 million. Prime Property Investors, the owner, reports that Deer Valley’s mix of 1- and 2-bedroom apartments is fully-occupied and that the project’s rent roll has increased from $215K... Read more »

Renovated rental townhomes in the heart of Winnetka

Library Place townhomes are in a convenient location steps from the very urban heart of downtown Winnetka. Shops, restaurants, schools, parks, a Metra station are all within easy walking distance – and some of the best North Shore beaches are nearby. The floor plans, from 1,800 to 2,200 square feet, feature 3 bedrooms, 2 or... Read more »

Few attractively-priced rentals on the North Shore

We’ve tracked the market for rental homes and condos on the North Shore for several years and the market appears to be as tight as I’ve seen it. There are more properties available than there were in the late spring and early summer of last year but, and this is purely an impressionistic take, the... Read more »