Chicago Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Aug. 28, 2013

Condos for Sale at 340 on the Park

Condos for sale at 340 on the Park are located at 340 E. Randolph is located between Lake Shore East and Millennium & Grant Park. This location offer amazing unobstructed lake views from almost any home in the building. Enjoy the phenomenal views from the generous size balcony’s condos at 340 on the Park provide.

340 on the pPark offer luxury features usually found in the most exclusive buildings in the city, they include quartz counter tops, Snaidero cabinets, stainless steel appliances, bamboo floors, luxury bathrooms with jacuzzi tubs, Toto, Dornbracht and Duravit fixtures too. Building amenities include 24 hour doorman, state 0f the art fitness center, indoor pool, hot tub, club room, meeting room, and a winter garden with terrace on the 25th floor that features retractable glass walls.

340 on the Park was built in 2007 and is 64 stories tall with 340 condos and it was the first high-rise in Chicago that was designed to meet the U.S. Green Building Council’s LEED (Leadership in Energy and Environmental Design) certification standards.
The condos for sale at 340 on the Park feature 1 to 4 bedrooms, in-unit laundry, floor to ceiling windows, and bamboo floors.

Posted in Blog
Aug. 28, 2013

Top off your summer with the Chicago Jazz Festival

It’s the end of the summer and our last chance to get out and savor it! Keeping that in mind, the Chicago Jazz Festival is coming to the Loop this weekend to help us celebrate its 35th year and kick off the last weekend of August!

Since 1979, the Chicago Jazz Festival has explored many aspects of jazz, featuring a variety of talents from Chicago, the greater U.S., and overseas. The festival is known for its creativity, and its mission is to encourage and educate a jazz audience of all ages. This year’s fest will run from August 29 to September 1 in Millennium Park and is free to attend.

Presented by the DCASE and programmed in partnership with the Jazz Institute of Chicago, the festival has a growing lineup of featured jazz artists.
The first performance held at Millennium Park will be “Made in Chicago: World Class Jazz,” which will kick off on August 29 at 6:30 p.m. The annual series features some of Chicago’s leading jazz performers that experiment with styles from Africa, Latin America and the rhythm and roots intrinsic to the South Side of Chicago.

Other Millenium Park performances will include the Miguel de la Cerna Quartet in partnership with the Hyde Park Jazz Society on August 30 at 4:40 p.m., and Geof Bradfield’s Melba! also featured on August 30, but later that evening at 6:30 p.m.

Additional performances will also be held at the Chicago Cultural Center including What is this thing called “Jazz”? The Ryhthm Method Part II with Paul Wertico, Larry Gray and David Cain on August 31, the Harrison Bankhead Sextet on August 31, and the Hinda Hoffman Trio, also on August 31.

What is this thing called “Jazz”? offers a peripheral view of the intricacies that are involved in jazz performance. Speakers include Grammy award-winning percussionist, Paul Wertico, renowned Bassist, Larry Gray, and multi-instrumentalist, David Cain.

All concerts begin at 6:30 p.m. with a short set by young, aspiring musicians from Chicago-area high schools as part of the Jazz Institute of Chicago’s Jazz Links Student Ensembles.

The Harrison Bankhead Sextet performs a mix of everything from extraordinary explosions to introspective ethereal sets, with each member taking the stage with their own soloThe group features Ed Wilkerson on reeds and didgeridoo; Mars Williams on reeds, autoharp and wooden flute; James Sanders on violin; Avreeayl Ra on percussion and wooden flute; and Ernie Adams on percussion. The performance starts at 1:45 p.m.

Last but not least for the Chicago Cultural Center performances is the Hinda Hoffman Trio. Scat vocalist Hinda Hoffman is known for her wordless improvisations that aren’t marked by the typical splashy and aggressive qualities known to the genre, rather she is prized for her elegant style. The performance begins at 12:30 p.m. in the Preston Bradley Hall.

 

The festival starts at noon and ends around 7 p.m. on Thursday. On Friday, performances start at 2:20 p.m. and end at 10 p.m. Saturday the fest runs from 12:30 p.m. to 10 p.m., and Sunday performances are from 12 p.m. to 10 p.m. See you there!

 

To find out more about the Chicago Jazz Festival, visit The City of Chicago’s website

Aug. 21, 2013

Living at The Pinnacle 21 E. Huron Condos For Sale

The Pinnacle 21 E. Huron Condos For Sale

The Pinnacle in Chicago, an Icon of River North’s Cathedral District is located at 21 E. Huron, Wabash and Huron.
One of the most popular buildings of the Cathedral District along with 55 E. Erie and The Fordham at 25 E. Superior The Pinnacle condos for sale offer many luxury amenities as well as homes with top of the line finishes. 24 hour doorman, state of the art exercise room, indoor pool, on-site management and heated garage parking. The Pinnacle at 21 E. Huron is also located 1 block from the Magnificent Mile with it’s world class shopping and restaurants.


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Posted in Blog
Aug. 20, 2013

Trump Tower Chicago condos for Sale

Trump Tower Chicago condos for sale

The Trump tower is one of the most impressive buildings in the downtown Chicago luxury Real Estate market. Trump Tower is located at 401 N. Wabash and the past 18 months have seen a huge increase in sales and very soon the brand new condos will be sold out. The building boasts stunning views, top-of-the-line finishes, the utmost in service with concierge services, maid service and room service available from the hotel.

Trump Tower features many impressive amenities: 23,000 square foot premier health club, Spa at the Trump which includes 11 treatment rooms offering an assortment of massages, facials, etc..Riverwalk at the Trump featuring 1.2 acres of outdoor space, and the restaurants at the Trump: Rebar and Sixteen. 24-hour security, valet, 24-hour concierge, private elevators, business center and many event rooms. Trump Tower Chicago was built with a high end Chicago condo buyers in mind and they have provided that with world class service in mind.

Trump Tower offers some of the best views of the River, Lake Michigan and the Chicago Skyline. If you would like to look at the Trump Tower Condos for sale contact us for a private tour.

Posted in Blog
Aug. 19, 2013

Condos for Sale in The Elysian, 11 E. Walton

Condos for Sale in The Elysian, 11 E. Walton

Find condos for sale in the Elysian Luxury Condos, 11 E. Walton at the Waldorf Astoria in Chicago
Get the value of your Elysian or condo in today’s market.

The Elysian, is located in the Gold Coast neighborhood of Chicago.  This neighborhood is located on the most southern edge of the Gold Coast adjacent to the Waldorf Astoria Hotel. The Elysian is home to one of the city’s most popular high rise luxury condominium buildings and restaurants like Balsan and Bernard’s Bar. The Elysian/Waldorf Astoria is located at 11 E. Walton Chicago.

The Elysian condos are luxurious, grand and located in the heart of the Gold Coast/River North neighborhood.

The Elysian was built in 2009 and has 51 private residences and 188 hotel suites within 61 floors. The Elysian homes are grand in size as well, the smallest at 2500 sq. ft. to a full floor 7400 square foot full floor home. All homes have amazing views of the city and in many cases views of Lake Michigan. The building has garage and valet parking, concierge services and security.

 

Why do people live at The Elysian private residences?

The Elysian at the Waldorf Astoria is a gorgeous stone building reminiscent of old grand european hotels of the 1920’s. The Elysian offers a lifestyle second to none in Chicago luxury condo buildings. The private residences enjoy all of the amenities of the Waldorf Astoria hotel such as the pool, gym, security, valet, spa, maid service, and room service from Balsans. The building is located in the heart of the Gold Coast Chicago and within walking distance to shops, restaurants, The Magnificent Mile and some of the best restaurants in Chicago.

Living in Chicago, Il

The Elysian is located in the River North/Gold Coast neighborhood at 11 E. Walton, Walton & State St. It’s within an area of Chicago that has many high rise luxury condominiums, such as the Four Seasons Residences, The Ritz Carlton Residences and the Park Tower at The Hyatt Hotel. It’s also located near the high-end boutiques of Oak Street and the shops of the Magnificent Miles such as Chanel and Louis Vuitton. This area is a great neighborhood of Chicago, with the sights and sounds Chicago is famous for. There is easy access to all public transportation as well as concierge service in the lobby.

The Elysian/Waldorf Astoria in Chicago is a great place to call home! You will not be disappointed if you decide to purchase a home here. You can find all the condos for sale in The Elysian above. This site updates every few hours so check back often.

Do you have questions about The condos at The Elysian in Waldorf Astoria in Chicago, or other Chicago luxury condos and homes?

I can help. I specialize in buildings like The Elysian and other luxury condo buildings in and around Chicago’s Gold Coast. I would be happy to give you a personalized Comparative Market Analysis for your Chicago home or assist you to purchase a Chicago luxury condo.

Posted in Blog
Aug. 17, 2013

Homes for Sale in Lake Shore East Neighborhood, Chicago

Why Do People Live here?

Homes for sale in the Lake Shore East neighborhood, Chicago real estate consists of large single family/row homes, town homes and condos. Bordering Lake Michigan to the East and the Chicago river to the north homes, I have always thought of Lake Shore East as a mini Central Park. The neighborhood has really developed into a trendy place to live. It has a grocery store (Mariano’s) and several restaurants as well as health clubs in most buildings, spas and a centrally located park. On the west side of the neighborhood is the Aqua condominium building, where condo owners can enjoy all the amenities of the hotel.

Lake Shore East Map
Lake Shore East is located east of Michigan Avenue with the borders roughly Columbus Drive to the west, Lake Michigan to the east, the Chicago river to the north and Randolph St.

Looking for a home in Lake Shore East, Chicago?

Interested in finding a home for sale in Lake Shore East, downtown Chicago ? Click that link to find all the currently available homes in this neighborhood. There are many buildings to choose from depending on your needs, The Aqua, The Lancaster, The Regatta, The Chandler, Benton Place Row Homes etc…

What’s the Neighborhood Like?

Lake Shore East is built around a 6 acre park which features 500 trees in 20 different varieties and 100 varieties of plants and flowers. The park also features many lighted fountains providing beautiful evening displays. There is a children’s play park with water features like a spray fountain and benches for the adults to watch as the children play. There is a separate dog park in Lake Shore East as well that supplies fresh drinking water for the dogs. It is very easy to see why this park has earned numerous awards including “Best Open Space and Best New Park in Chicago.”

There are many shopping and dining choices located right in the Lakeshore East neighborhood. The Village Market with Mariano’s Fresh Market, Mariano’s is a full-service grocery store. The restaurants you can visit are 111 Forks at 333 E. Benton with a breathtaking view of the park while you dine and Filini at the Radisson Blu Aqua Hotel, part of the Aqua, an Italian restaurant. For breakfast there is Eggy’s at 333 E. Benton.

What’s Going on Nearby the Lake Shore East Neighborhood Neighborhood

You are walking distance or a 5 minute cab ride to the Theater District, The Museum Campus, endless shopping on Michigan Avenue and the many lakefront and Millennium Park events.

What Schools will the Kids Attend?

Lake Shore East is getting it’s own school, GEMS WORLD ACADEMY is coming to the neighborhood. This is a private K-4 school opening in time for the 2014-15 school year. A year after completion, phase 2 will start construction for grades 5-12.

Here is a list of schools close to Lake Shore East:
http://www.magellandevelopment.com/lakeshore-east/the-neighborhood/schools/

You Really Want to Find a Home Here, Right?

If you are interested in the current homes and condos for sale in Lake Shore East plus more homes in the downtown Chicago Real Estate market click on the link. Our ‘for sale’ property information is a direct feed from the Chicago MLS and is updated every couple of hours.

Do you have questions about buying real estate in Downtown Chicago?

We can help you. We specialize in all Chicago downtown neighborhoods. If you are looking to sell your downtown Chicago home We would be happy to give you send you a CMA (Comparative Market Analysis) for your home or assist you to purchase a Downtown Chicago loft, condo or single family home.

Aug. 12, 2013

Overhaul of Lathrop Homes

While some residents pleased, others dissatisfied that over half the units to be sold at market rate

In a project that is expected to cost hundreds of millions of dollars, North Center’s Lathrop Homes is getting a makeover, as developers reveal the new plans for the mega-development that was one of Chicago’s first public housing projects built in 1938, according to Patch.com.

The five-part design team behind the project, the Lathrop Community Partners, revealed the plan this past July, which shows only some of the original historic buildings preserved. The new plan would put new bike lanes and street parking on Clybourn, and retain the look and feel of the old buildings that used to make up Lathrop Homes.

The plans were made in response to more than 200 interviews and several community meetings that tested resident’s reactions to three different proposals, each of which were met with discontent.

“It does respond very directly to the comments and feedback and surveys we got back from you in November, and I think you’re going to like it,” Doug Farr of the Lathrop Community Partners told Patch.com. “We heard that we had three designs, we heard that they were too dense and we have responded.”

In 2012, the development committee proposed to build 1,600 housing units in Lathrop, but now they are hiking up the number to 1,116 units, still 100 less than the land is zoned to allow. Four hundred of those units will be made for public housing, 212 of them will be affordable housing and the remaining 504 units will be sold at market-value rates, Patch.com reports.

What’s more, the plan calls for 752 residential parking spaces, which we all know is necessary in our congested city, and according to Patch, Farr says the team is pursuing 25,000 square feet of new retail storefronts to fill up the development, making it a real, walkable community.

Farr told Patch that all of the new buildings will be between two and eight stories, outside the “Iconic Building” planned for the southern-most tip of the development, its height: not yet decided.

Developers want to keep the historic brown brick exterior on most of the buildings, however, some of the buildings will be totally replaced. Farr told Patch that they will retain 14 of the 17 buildings on the north side of Diversey.

“We also retain almost all the buildings on the both sides of Diversey as you’re driving down,” Farr told Patch.

“That experience, the look and feel you had in 1938, it’s maintained and stays,” he said.

To deal with congestion, new roads will be added at the intersection of Diversey and Clyborn, and another road will be added to Leavitt Street down Damen Avenue.

But while some residents were pleased about the new changes, others yelled from the balconies at a recent community meeting held at New Life Community Church.

Many were concerned about destroying the historical value of the development, others were disconcerted about the 525 units that will be sold at market rate, Patch reports.

The answer CHA representatives gave was that the misplaced housing would be made up elsewhere, and they have to rebuild some of Lathrop because it’s already not functioning appropriately.

The date of construction has not yet been determined, but officials hope to finish the planning process this year and break ground in 2015. Farr told Patch that the Lathrop Community Partners will be back again before anything is finalized in a planned development with the city.

July 31, 2013

Living on Lake Shore Drive

When one thinks of Chicago, one of the things that they are most likely to picture in their mind’s eye is Lake Michigan, and then one thinks about Lake Shore Drive. The locals often call this area simply The Drive or The Outer Drive. As the name suggests, the road runs right around the shore of the lake and through Chicago. Visitors and locals alike enjoy driving on Lake Shore Drive because of the views and the fact that it can take them to different areas of the city that they need to be or want to visit. The Drive gives people a great look at the beautiful lake.

 

The Drive is famous in its own right, and when you see movies set in Chicago, there’s a good chance that you are going to see at least one shot of Lake Shore Drive. The next time you watch Ferris Bueller’s Day Off, National Lampoon’s Vacation, or When Harry Met Sally, keep an eye out for it.

 

Find Homes along the Drive

 

You will even be able to find places to live that are close to Lake Shore Drive and that offer you a great view of the lake beyond. You should be able to find quite a few different types and sizes of homes available. Whether you are looking for a small home such as a studio or a large 3000 sq. ft. plus home, you can find it on Lake Shore Drive. Some people think living on Lake Shore Drive is the ultimate address in Chicago.

 

Things to Do Along Lake Shore Drive

 

Vacationers and residents love just how much they can find to do in the area of Lake Shore Drive. Here are a few of the places that you will want to spend your time if you are living in the area!

 

Those who love getting out and getting some fresh air will want to take some time to visit Lakefront Trail. The trail can be quite busy when the weather is good, but the great view and the great times to be had make it worth it. You could go walking, biking, rollerblading, jogging, and more along the trail.

 

Navy Pier is nearby as well, and it is one of the most popular areas of Chicago. Today, you will find some great restaurants, theaters, rides, including a Ferris Wheel that you can see from Lake Shore Drive, a children’s museum, and much more. The Museum of Science and Industry is near the southern end of Lake Shore Drive in Jackson Park. Some of the other places that are near The Drive include the Field Museum, Shedd Aquarium, and the Adler Planetarium, which are on Museum Campus. Check this page for more ideas on Things to do in Chicago.

 

 

 

Search Lake Shore Drive by price

$100k - $300k $300k - $500k $500k - $700k

$700k - $900k $900k - $1,000,000 $1,000,000 - $2,000,000

$2,000,.000 - $3,000,000 $3,000,000 - $4,000,000 $4,000,000 and up

Of course, you can’t forget all of the beaches. Even though it might be the Windy City and the winters might be frigid, you can find some great beaches to enjoy throughout the summer all along Lake Shore Drive. This area of Chicago is iconic, and you will love the great view and the bustle of all of the others who are out and enjoying the Drive.

 

The Hancock Group with @properties specializing in downtown Chicago Real Estate including The Gold Coast, South Loop, West Loop, Streeterville & Lincoln Park for over 10 years. Call/Text/Email Us today at 312-296-9300, or Find us on Google+

Posted in Blog
July 31, 2013

The Loop’s 17th Annual SummerDance in Full Swing

Get out and get moving in the Loop at Chicago’s 17th annual SummerDance! Held in the idyllic Spirit of Music Garden in Grant Park, SummerDance transforms the 4,900-square-foot, 100 percent recycled, open-air dance floor into an urban dance space that is free to everyone of all ages!

The SummerDance series features 44 different live bands and offers lessons for each dance before the music starts. You don’t have to be a pro to join in! Lessons are embarrassment-proof, and are taught by instructors who encourage anyone who is in the spirit of dancing to join! Whether you are a beginner, a pro, or you have never danced before, you likely to have fun cutting loose to the urban sounds of Argentine Tango, Salsa, Bachata, Irish Folk Dance, East Coast Swing, line dancing, Polka, Samba, and much more!

The event runs from June 27 to September 15 on Thursday, Friday, Saturday and Sunday evenings. Dance lessons on Thursday, Friday and Saturday will be held from 6-7 p.m., with live music beginning at 7:30 p.m. and running until 9:30 p.m. On Sundays, dance lessons start at 4 p.m. and end at 5 p.m., with live music and dancing hitting the floor at 5 p.m. and ending at 7 p.m.

For a complete schedule of SummerDance, click here Schedule is subject to change.

There are many great buildings that are within walking distance of Grant Park but 2 of my favorites are:

July 27, 2013

Want to live near Google?

Google is moving to the Fulton Market-Randolph area, on Fulton St. in the West Loop of Chicago. They will be moving into the huge old Cold Storage facility at 1000 W. Fulton St. (It will be called 1KFulton) joining trendy restaurants, art galleries, fashionable boutiques, and some very urban living spaces. Known as the meat packing district by locals, Fulton St. is becoming one of the trendiest areas to live, open a business, or start a new restaurant. One of the most well known restaurants on Fulton St. is MOTO, although if you do not know it is there you may miss it. There are also 2 boutiques hotels slated for this area, most likely on Randolph  St. One will be Nobu, well known as “Robert Deniro’s Hotel”.

So if you would like to live near Google, you can “Google” condos for sale near Fulton St. or you can look below and call/email me for private showing, 312-296-9300.  I have lived in the area for 17 years and know most of the buildings, view and floor plans in this area.

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