Archive for the 'real estate market' Category

Chicago real estate update: Logan Square

Sales of condos in Logan Square were down for the second consecutive year.  According to the latest report from the Chicago Association of Realtors, a total of 179 condominiums were sold during the third quarter, a 10 percent decline from the same period last year. 
It is also the lowest total sales for the quarter since […]

West Loop building set to be converted to student housing

Developers have announced plans to convert an office building in the West Loop into student housing.  Blue Vista Capital Partners, a Chicago-based investment fund, has bought the property located at 847 W. Jackson Blvd.  
The 10-story White Tower Building has a total of 225,000 square feet.  Preliminary plans call for space for more than 400 dorm […]

South Shore real estate update

As the real estate market falters across Chicago, many neighborhoods are seeing a drop in condo sales and an increasing inventory of unsold properties on the market.
South Shore is no exception.  According to the Chicago Association of Realtors, a total of 60 condos were sold in the area, an 18 percent drop from the same […]