Lombard
REAL ESTATE
474 N. Lake Shore Drive, Unit 6003, Chicago, IL 60611
Introducing a luxurious two-bed, two-bath, 2,000-plus-square-foot, northeast corner penthouse meticulously designed by an award-winning interior designer. This exquisite residence offers a seamless blend of elegance and modern comfort with panoramic lake views that will take your breath away. Nestled in the highly desirable Streeterville neighborhood and situated across from Navy...
Helmut Jahn skyscraper reshapes South Michigan Avenue
Forget about the Bears stadium; a new luxury apartment tower designed by Helmut Jahn is already redefining the South Loop.Driving the news: The 73-story 1000M building, at 1000 S. Michigan Ave., hosted its grand opening last week to celebrate the first residents moving in.The intrigue: Jahn died in 2021 in a bicycle/automobile collision, but he had already started work on 1000M.The esteemed architect designed several notable Chicago projects, including the Thompson Center and the neon-lighted walkway in Terminal 1 at O'Hare Airport.The vibe: The tower features 738 apartments.Studios are going for $2,080 a month, while one bedrooms top out at...
Historic buildings across from Wrigley Field closer to demolition despite neighbors' protests
Three century-old buildings across from Wrigley Field - that once offered rooftop seats to view the stadium - could soon be demolished to make way for a five-story apartment building.ABC7 Chicago is now streaming 24/7. Click here to watchDespite neighbors' efforts to preserve the properties, the City Council's Committee on Zoning, Landmarks and Building Standards approved plans to rezone the trio of buildings at 3627, 3631 and 3633 N. Sheffield Ave. so the ownership group can build a 29-unit apartment building.One of the buildings is best known for the Eamus Catuli sign, which is supposed to mean "Let's go, Cubs"...
Brown Commercial Group sells nine acres in Carol Stream
Brown Commercial Group represented a private land owner in the sale of nine acres that will become a new townhome development in Chicago’s western suburbs. Broker Pat Crowley negotiated the sale of the land at Lies and Fair Oaks roads in Carol Stream, Illinois, to John McHale of Bridge Street Properties of Naperville.
Sterling Bay’s Lincoln Park Housing Project Advances
A two-tower multifamily development proposed by Sterling Bay that had advanced through the initial hurdle of zoning approvals is now facing a delay in the process amid opposition from a local alderman. The deferral came less than a week after the mayoral-appointed City Plan Commission approved the development near Lincoln...
Controversial residential development near Wrigley Field moves forward amid opposition
CHICAGO - A new residential building near Wrigleyville is one step closer to reality. However, it's not being well received. Earlier this month, neighbors started a petition that has garnered more than 2,300 signatures. The petition claims the new building will change the historic landscape of the block and negatively...
Linden Avenue historic home with modern amenities hits the market
An historic home recently hit the market in Oak Park, and along with a healthy dose of Chicagoland history and architectural provenance, the home boasts some modern amenities that are unusual in Oak Park real estate. The home was built in 1908 for James Fletcher Skinner at 605 Linden Ave....
Chicago celebrates major affordable housing renovation near future Obama Presidential Center
The Chicago Department of Housing and the Woodlawn community recently celebrated the groundbreaking of Island Terrace, a renovation spearheaded by the Preservation of Affordable Housing. Island Terrace is a 21-story, 240-unit affordable family high rise located two blocks south of the future site of the Obama Presidential Center and across...
A landmark store
When you think of a landmark home in Riverside, your mind goes to a magnificent Victorian on a large lot along Longcommon Road. And they are beauties. However, early this month one of the village’s more modest and most unique homes was designated a local historical landmark. Situated at the front of the property line on Barrypoint Road, the white clapboard home with the angled display windows and just a bit of Queen Anne detail was built as a neighborhood retail store, a use that would certainly not be allowed in the middle of a residential neighborhood these days but was common in many communities for decades.
Marcus & Millichap Arranges Sale of Outdoor Storage in IL
Marcus & Millichap arranged the sale of 901 Ridgeway Avenue, a 23,820-square-foot industrial storage property located in Aurora, Illinois. The property sold for $2 million. “The property received multiple offers and went under contract quickly due to the high demand for industrial outdoor storage facilities in the area,” said Jeff Rowlett, senior managing director investments. Rowlett, an investment specialist in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, Ridgeway Partners, LLC.
Interra Realty closes sale of 30-unit apartment property in Chicago’s Uptown neighborhood
Interra Realty brokered the sale of a 30-unit rental property at 5051 N. Kenmore Ave. in the city’s Uptown neighborhood for $5.07 million or $169,000 per unit. Interra Senior Managing Partner Joe Smazal represented the buyer, East Superior Real Estate Partners, and the seller, a private East Coast-based investment company. The purchaser assumed the asset’s existing mortgage, which carries an interest rate well below current market levels.
Naperville-based RR Galaxy joins Keller Williams infinity
The Naperville-based team RR Galaxy has affiliated Keller Williams Infinity. Led by Raj Potluri and SaiRavi Suribhotla, they have been with Real People Realty since early 2022. While at Real People Realty, RR Galaxy sold 148 homes, or $74 million worth of real estate. In 2024 alone, the firm has...
WMG Development Appoints Inaugural Vice President of Multifamily with Addition of Industry Veteran Todd Bleakley
CHICAGO, IL - WMG Development (WMG), a national real estate investment and development company, announced Todd Bleakley as the newest addition to the team as its first Vice President of Multifamily. “As we identify projects within our portfolio that have the opportunity to add multifamily components, we are happy to...
Draper and Kramer’s Kevin Cooky Appointed to Chicagoland Apartment Association Board of Directors
Chicago-based Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce that Kevin Cooky, assistant vice president, regional property manager and revenue manager, has been approved as a member of the Chicagoland Apartment Association (CAA) board of directors. Kevin Cooky brings over 15 years of experience...
Draper and Kramer’s Amber Redding Receives IREM Chicago Chapter Accredited Residential Manager (ARM) Excellence Award
CHICAGO, IL - Draper and Kramer, Incorporated, a national full-service real estate firm, today announced Amber Redding, property management specialist, received the 2024 Accredited Residential Manager (ARM) Excellence Award from the Institute of Real Estate Management (IREM)’s Chicago chapter. The award was presented to Redding at IREM Chicago’s annual Premier Awards, held May 10 at Chicago’s Drake Hotel.
Niego Real Estate salutes America again
Clearing and Garfield Ridge residents who want to decorate their blocks in red, white and blue this Independence Day are encouraged to contact Niego Real Estate and reserve a supply of U.S. flags at no charge. The popular program to promote patriotism and community pride is now in its 31st...
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