Rental Property

Sale of OneEleven Building Sets New Chicago Real Estate Record

OneEleven Apartment Building A new Chicago real estate record was set last week when the 60-story OneEleven apartment building in the downtown Loop sold for $328.2 million. The Wall St. Journal noted the the price equates to $651,000 per unit, which makes it the highest-price ever paid for an apartment building of more Read more

Chicago’s River North Among the Hottest Office Real Estate Markets in U.S.

The transformation of River North in Chicago continues. The former skid row, once home to prostitutes, drugs and abandoned warehouse buildings, is now being proclaimed as one of the hottest office real estate markets in the U.S. by Bloomberg news. According to Bloomberg, River North has gone from being rundown to featuring an array of Read more

Report: Signs Point to a Strong and Healthy Chicago Housing Market

Crain's Chicago Business recently looked at the  state of the Chicago housing market and concluded the positive signs far outweigh any potential negatives. In fact, there were four separate indicators from a recently-released study that paints a rosy picture of the housing market in Chicago. The first positive sign: The percentage of home sales in Read more

The Bloomingdale Trail is Having a Big Impact on Property Values in Chicago

Much is expected of Chicago's Bloomingdale Trail, the city's grand project to transform 2.7-miles of elevated rail line into a network of trails and parks. It's been especially true of real estate surrounding the project. Predictions were real estate values would rise as a result of the Bloomingdale Trail and that's exactly what's happening. The Read more

Renters Flocking to Gothic Church-Turned-Apartments in Wicker Park

Units are being quickly gobbled up in one of the most unique housing complexes in Chicago—a former Gothic Revival church in Wicker Park that's been transformed into loft apartments with a single-family home in the rear lot. According to DNAinfo Chicago, the 1870's-era church on the corner of Damen and Evergreen Avenues was purchased by Read more