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Top 6 Brand New Rental Communities In Chicago

Who doesn’t want to live in Chicago especially during the summertime? Have you ever heard someone say they hated this city? We haven’t!

With nearly 3 million people living in Chicago, where do they all stay? Luckily, brand new rentals have been built in the city for those looking to move or for those who are curious to see what’s out there.

Check out the top 6 new rental communities in Chicago below:

1. North Water Apartments, 340 E North Water St, Streeterville
Studios start at $1,879 but if you think that’s expensive, think again! This community offers a 24 hour gym, onsite concierge, heated pool, fire pit and more!
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2.The Lofts at River East, 445 E Illinois St, Streeterville
This new building is equipped with custom kitchens, in-unit laundry rooms, exposed brick and over 100 unique layouts. One bedrooms start at $2,505.
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3. Jones Chicago Apartments, 220 W Illinois St, River North
Did someone say floor-to-ceiling glass windows in River North? Talk about perfect view. Convertibles start at $1,825.
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4. JeffJack Apartments, 601 W Jackson, West Loop
You could have private balconies and terraces in selected apartment units. One bedrooms begin at $2,283.
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5. OneEleven Apartments, 111 W Wacker Dr, Loop
The definition of luxurious. Studios begin at $1,882-$2,084.
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6. Aviation Lofts, 1340 S Michigan Ave, South Loop
Just minutes away from all of the urban conveniences! Rental rates starting from $1,700.
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All of these brand new rental communities are simply amazing. Each one has something to offer. Which one is your style?

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Celebrity Homes, Famous Homes

FOR SALE: Trump Tower

Trump Tower

401 North Wabash Avenue, Chicago, IL

If you’re in the market for a place at Trump Tower … perhaps you want to strike now while you may be able to negotiate a better deal.

Per the Chicago Tribune, an unprecedented number of luxury condos are available for sale and for rent at Trump Tower.

36 condos are for rent.

70 residential units are for sale, including hotel condos (privately owned, but rented out to hotel guests). The total number of units at Trump Tower is 486.

At least one tenant is known to have secured a 7.5% decrease in rent upon his lease renewal.

Appraisal Research Counselors are saying this is almost 3 times more than similar buildings in the area. For example, at the John Hancock, 26 units out of 703 are currently for sale. Water Tower Place has 9 out of 260 for sale, Aqua 12 out of 262, 340 On The Park 11 out of 343, 600 North Lake Shore Drive 20 out of 395, and The Heritage 5 out of 358.

KoenigRubloff Berkshire Hathaway says “… never seen such a glut” of condos for sale.

Top 10 listings

(courtesy of Gold Coast Realty)

401 North Wabash Avenue #87a
$12,500,000
4 Beds 4½ Baths 6,850 sf PENTHOUSE

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401 North Wabash Avenue #88a
$9,500,000
3 Beds 5½ Baths 5,500 sf

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401 North Wabash Avenue #68e
$3,800,000
3 Beds 4 Baths 3,102 sf

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401 North Wabash Avenue #85a
$3,700,000
3 Beds 3½ Baths 3,080 sf

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401 North Wabash Avenue #66a
$3,500,000
3 Beds 3½ Baths 3,080 sf

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401 North Wabash Avenue #72d
$3,300,000
3 Beds 4 Baths 3,102 sf

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401 North Wabash Avenue #77a
$3,275,000
3 Beds 3½ Baths 3,080 sf

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401 North Wabash Avenue #85f
$2,995,000
2 Beds 2½ Baths 2,000 sf

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401 North Wabash Avenue #52a
$2,795,000
3 Beds 3½ Baths 3,080 sf

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401 North Wabash Avenue #52e
$2,600,000
2 Beds 3 Baths 2,746 sf

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Unique Homes

Bewitching Victorian Multi-Unit in Oak Park

237 S. Oak Park Avenue Oak Park, IL 60302

For $789K, this three unit unique Victorian can be yours.

Victorian

The always interesting Oak Park suburb has yet another unique property for sale, and this one is truly a looker. With scooping lines and curved arches, this witchy victorian could be a great investment property or an owner-occupied rental building. The listing agent suggests that in total the units could pull in $6,000 per month if rental prices are raised. This building is considered one of the most historic in all of Oak Park. It’s named, “The Farson House”, and it completely stands out along the sunny Oak Park Avenue. 

 

Check out these photos from Curbed Chicago

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