Chicago

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Chicago-Lake-Shore-Drive-lakefront-and-Chicago-beaches

Chicago Alderman wants to to Straighten Lake Shore Drive

City has big Plans to Straighten out North Lake Shore Drive By Jim Vail Last month Chicago Alderman Brian Hopkins – whose 2nd Ward runs along parts of LSD – met with delegates of the Lakeshore Improvement Committee for a detailed discussion and progress update on the Lakeshore Improvement Plan. […]

March Newsletter

Luxury is back – and in a big way. Sales of homes priced at $1 million or more in the Chicago area jumped 33 percent in 2013 from the year before, according to a recent Chicago Magazine article. The increase was spurred along by the improving housing market and economy, […]

Changes to Chicago Parking

There are changes coming to the parking meters in Chicago. Mayor Emanuel announced several modifications which include free parking on Sundays. For having free parking on Sundays, neighborhoods outside the downtown area which have meters that currently expire at 9 pm will now be extended an hour until 10 pm. […]

In Demand

As the summer comes upon as, one of the busiest rental seasons is expected.  With the expected high demand of rentals, developers are rushing to meet the demand.  Occupancies in Class A apartment buildings in the Chicago downtown area are hovering around 95% (Appraisal Research Counselors), and developers are more […]

Chasing Charters

With homeowners staying longer in their home, and expected buyers planning for longevity, many are coming back to basics – location.  Among them, accessibility to transportation, neighborhood walkability and area schools are among the most important.  For families, schools are extremely vital factor as they can influence choice of residence/neighborhood […]

Children’s Memorial Hospital whittles developer candidates

(Crain’s) — Four development teams have made the first cut in the competition to redevelop the Children’s Memorial Hospital property in Lincoln Park, a parcel coveted by developers for its location and size. Nine groups submitted proposals for the six-acre site in December, but Children’s Memorial released a short-list Friday […]

February Monthly Statistics

Monthly statistics through February have been posted! Supply seems to be lessening for residential.  Lots of activity for commercial and industrial properties as contracts written and sales are up. Activity in vacant lots is heating up earlier as well than last year. View the residential real estate market dynamics analysis […]

Evolving

It’s been an exciting past few months here. A lot of the planned changes are now in development or being tested which I am looking forward to in the coming weeks. One of the major changes will be a revision of the entire site.  We’ve been working on several concepts […]