Featured, Luxury

Coming Soon: Luxury Living at 1000M

Chicago has a new skyscraper in the works. Located at 1000 South Michigan Avenue, 1000M is a new luxury condo development currently in pre-construction. Towering 74 stories tall, the building will overlook Grant Park and offer sweeping views of Lake Michigan. Designed by world-renowned architect Helmut Jahn, alongside interiors by Chicago native Kara Mann, 1000M is targeted toward the luxury buyer. The building will feature 323 condominiums and full service amenities, like a sundeck, swimming pool, gardens, sky terrace, gym and spa.

Available units range in price from $570,000 to $8,100,000 — varying in size from 926 to 5,488 square feet. Sales for 1000M will begin in late spring/early summer 2017. The development is scheduled for completion in 2021. For additional details, contact @properties.

 

Take a peek at 1000M, Chicago’s newest luxury building…

 

 

What do you think of 1000M?

 

Read More...

Featured

Would you pay $20,000 per month to rent these apartments?

 

1st of the month, rent’s due! Would you go as far as paying more than $20,000 a month for penthouse views like these? Tell us what you think! 

1. 25 E Superior St Apt 5001- $35,000 

 

2. 11 E Walton St Apt 5801 – $27,500

3. 159 E Walton Pl Apt 23A – $25,000

4. 1764 N Hoyne Ave – $23,000

5. 35 W Randolph St Unit 820 – $21,440

 

Think you can scrap up $20,000 each month to roll in these luxurious apartments? 

Read More...

Featured, Neighborhood Guide

Cubs Winning The World Series Again Will Affect Chicago’s Real Estate Market

Well, let’s start with Airbnb, it appears that over $1,000 a night is the norm for an opportunity to stay in Wrigleyville during the World Series. This is 5 to 6 times the average – just go to Airbnb.com and check it out.

Now, will the home prices skyrocket when the Cubs win the World Series? The answer is, yes. We can’t find any data that will support this, but why wouldn’t they go up(See Chart Below). Not only does everyone want to be a part of history, but now the neighborhood itself and the city is more famous than ever. The whole world wants to claim their stake in the Chicago real estate market.

The fact remains that even though the city has challenges, it still gets so much exposure that people, flat out want to live here. The Cubs are a huge part of the Chicago lifestyle and culture, ergo Cubs win equals higher home prices.

The Cubs haven’t won since 1908. 108 years without a World Series win, and the real estate market has been only moving up during this non-winning decade. It makes sense that if the Cubs win the World Series, home values will go up. So, if you are thinking of selling, now is the time, and if you are thinking buying, now is the time, because it will only go in one direction- UP. (See chart below, one more time)

screen-shot-2016-10-23-at-7-57-15-am

*Home prices may skyrocket as displayed in this chart. Please contact your local real estate professional to see if these numbers are even possible.

Read More...