Archive for March 2011

Lexington Park Apartments: Another South Loop Rental Story

Lexington Park Apartments As we reported a few weeks back, Lexington Park was going apartment and we now have some more details The building is located right at the edge of the South Loop (Indiana and Cermak) and features both high rise units and loft style units.  The full amenity building is still a few... Read more »

How Many Homes Are Underwater?!

Courtesy Crain’s reported earlier this week that 25% of Chicago area homes have mortgages larger than the current value of their home. Before you current homeowners rush to your nearest agent for a CMA (comparative market analysis), let’s take a closer look at these numbers  and what they mean for potential buyers and sellers.... Read more »

River North Development Offers Up Remaining Units for Sale

Silver Tower Courtesy Jameson Sotheby’s In a bold move, Silver Tower at 303 W Ohio, is offering their remaining 82 units as a block purchase.   The residential high-rise has been in the news for the last 2 years and with 35% of units still unsold, it seems that drastic measures were in order. Aimed... Read more »

Go Grocery Shop for Real Estate

Image Courtesy We live in a society of convenience and instant gratification and real estate companies are catering to consumer demands. Chicago is one of a growing number of cities with grocery store satellite locations.   Where is Chicago’s going to be and why are more companies are doing this? The New Trend:On Tuesday, Inman... Read more »