We're always interested in hearing about news in our community. Let us know what's going on!

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Ready, set, go! Although we’re all in a rush to bust out of our units, scream "Freedom" and get back to it, believe it or not, the real estate market, especially in our neighborhood, has not shifted drastically. In fact, the luxury market ($750K+) in the 60601 ZIP code has experienced an eig…

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By Sheetal Balani, May 3, 2020 The world looks different these days. Our homes have taken on a new meaning. My home has become my workplace, home-school for the kids, fitness studio, and hair salon. Just ask my husband, who is now our kids’ stylist! This adjustment to the “new normal” gives …

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By Daniel Patton, March 12, 2020   Alderman Brendan Reilly and Related Midwest President Curt Bailey unveiled a new proposal for 400 N. Lake Shore Drive at the Hotel Intercontinental on March 10. Speaking at a forum hosted by the Streeterville Organization of Active Residents (SOAR), the off…

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by Urban Real Estate The Chicago-area housing market is showing strength, as sales and median  prices increased for a second consecutive month after a slow 2019.  In the city, 1,427 homes sold in January, according to data released by real  estate trade association, Illinois Realtors. That w…

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by Urban Real Estate Last February, in the heart of a cold Chicago winter, we focused on a story about organizer-extraordinaire Marie Kondo (from the Netflix hit “Tidying Up with Marie Kondo”) and her philosophy of “choosing joy” when it comes to deciding on which items to get rid of while d…

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New laws add complexity to going at it alone by Urban Real Estate This past November, the Cook County Board of Commissioners adopted a set of rules known as the Just Housing Amendment, which went into effect December 31, 2019. Essentially, the tenant screening process is two-steps: First, th…

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by Urban Real Estate The time to move is now. The interest rates are low. The New Eastside  neighborhood is hot, although the temperature outside is not. If you are thinking of buying, selling, investing or leasing, think now. According to a recent Housingwire.com report, “Low mortgage rates…

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by Jacqueline Covey Several skyscrapers marching upward in New Eastside and  Streeterville will soon add thou- sands of square feet of residential,  hospitality and retail space. Vista  Tower, sisters Cirrus Condominiums and Cascade Apartments,  Tribune Tower and an upcoming hotel and apartm…

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by Sheetal Balani Winter is coming. Whether my “Game of Thrones” reference made you smile, the chill of winter can translate to a challenging real estate market.  But life doesn’t stop between Thanksgiving and February. In all twelve months of the year, job changes occur, families grow, and …

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Urban Real Estate The National Association of Realtors (NAR) last month released a consumer survey showing that more than half of those polled believe that this market presents a good time to buy. The Housing Opportunities and Market Experience (HOME) survey indicated optimism was abundant, …

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(Published July 31, 2019) By Urban Real Estate Deciding how to invest in a condo remodel is always a balance between the improvements made for your own enjoyment and those made with the expectation that they will positively increase the value of a home. High-end finishes and appliances are a…

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(Published June 30, 2019) By Sheetal Balani In the Summer of 2002, my husband and I purchased our first home together, a gorgeous brick loft in the heart of River North. Though we didn’t necessarily need a two-bedroom place just yet, we decided to stretch the budget and purchase a larger pla…

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By Urban Real Estate Winter in Chicago is the perfect opportunity to stay inside and tidy up. With the popularity of organizer-extraordinaire Marie Kondo’s Netflix hit “Tidying Up with Marie Kondo,” many are turning closets inside-out with the goal of finding happiness while decluttering.   …

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By Urban Real Estate Chicago has historically remained a steady market for home buying and selling as residents have often made Chicago home (versus other markets where second home investing was more prevalent and often also the first to feel the impact of a distressed marketplace). That sai…

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Staff report In late September, Alderman Brendan Reilly announced that Magellan Development agreed to work a number of public improvements into their project at 193 North Columbus Drive, commonly known as Parcel O. The public improvements came from a public meeting held with the New Eastside…

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By Jesse Wright | Staff Writer Published Sept. 4, 2018 More green space and three towers are planned for the I, J, K and L sites in Lakeshore East. A year after the initial proposal was unveiled for the Lakeshore East development, Alderman Brendan Reilly (42nd Ward) and developers met in Aug…

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By Urban Real Estate Join Urban Real Estate for its first-ever Urban Furever Home Pet Adoption event, with partner One Tail At A Time Dog Rescue, a no-kill, all-breed dog rescue. On Aug. 26, from 1–3 p.m. the New Eastside real estate brokerage will be hosting the event on the first floor of …

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 By Urban Real Estate  Published August 1, 2018 Join Urban Real Estate for its first-ever Urban Furever Home Pet Adoption event, with partner One Tail At A Time Dog Rescue, a no-kill, all-breed dog rescue. On Aug. 26, from 1–3 p.m. the New Eastside real estate brokerage will be hosting the e…

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By Urban Real Estate Published July 4, 2018  This New Eastside home for sale was not picture-perfect overnight. For many, the idea of getting a home this ready can seem overwhelming. The reality is, with the right broker, it isn’t hard — but it is important. In 2017, the National Association…

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By Urban Real Estate Whether you’re buying or selling property, the robust summer real estate market makes this upcoming selling season a unique opportunity for those on the fence about entering the market. In April, the National Association of Realtors (NAR) reported a climb of 1.1 percent …

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By Urban Real Estate In the full swing of another spring in Chicago’s real estate market, the climate has slightly changed from recent years and yes—it will make a difference. In the first quarter of the year alone, mortgage rates have increased to a four-year high. Paired with a critical sh…

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By Taylor Hartz Staff Writer Dec. 15, 2017 Ald. Brendan Reilly (42nd) rejected the proposed development of three buildings in Lakeshore East  known as the “IJKL” parcels on Dec. 13.   The highrises, proposed by LendLease and Magellan Development Group earlier this year, would have added 1,40…

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By Nicole VandeBoom | Staff Writer November 15, 2017 After beginning the construction of its upper school in July, GEMS World Academy Chicago’s plans have changed. The building height has been reduced from 206 feet to 144 feet, eliminating the proposed pool and balcony area. Removing the poo…

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By Taylor Hartz | Staff Writer October 18, 2017 Following years of complaints, the unsightly “dog house covers” on inactive pedestrian tunnel entrances are being removed from the Magnificent Mile. In an Oct. 4th report, Ald. Reilly (42nd) announced that the wooden covers on the intersection …

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Lakeshore East is growing up, and growing up fast. Just as the first few floors take shape of what will be Chicago’s third-tallest tower, the Wanda Vista, plans for more Lakeshore East high-rises are ready to be unveiled. Proposed plans will be revealed at a public presentation hosted by Ald…

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Juliane Wolfe, Design Principal at the Chicago office of Studio Gang architect and urbanism practice, says that her company envisioned much more than a skyscraper when it began working on the Wanda Vista tower. “With this building, we saw a unique opportunity to create a connection with the …

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How to know if it’s right for you With existing housing inventory on the decline for the past two years, 71 percent of homeowners believe now is a good time to sell according to research by the National Association of REALTORS quarterly Housing Opportunities and Market Experience (HOME) Surv…

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Urban Real Estate announced one of its clients has found a new home in the highly anticipated Vista Tower. The unit is a full floor, to be delivered in the summer of 2020, and is listed at 5,734 square feet, with two balconies, featuring sprawling 360-degree views of the magnificent Windy Ci…

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The deepest part of the 98-story Wanda Vista Tower extends more than 100 feet below the banks of the Chicago River. This is where a handful of the skyscraper’s support chambers, called caissons, are drilled into solid rock. Designed to secure the structure and withstand the wind, the massive…

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Urban Real Estate continues to lead as the local preeminent brokerage in our community, thanks to residents in New Eastside. According to statistics from Midwest Real Estate Data, which provides the region’s Multiple Listing Service, Urban Real Estate is the neighborhood’s leader in the numb…

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Last month, the Federal Reserve raised its benchmark interest rate for only the second time since 2008. This federal interest rate is used by lending institutions and banks as a guideline to determine what they will charge consumers to borrow money in all areas, including for auto loans, stu…

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The dome that glows over the southeastern corner of Lake Shore East Park doesn’t just protect the swimming pool on the seventh floor of 400 E. Randolph Condominium. It is a testament to architect and New Eastside resident Rada Doytcheva’s commitment to design with the community in mind. “How…

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As homeowners look to spruce up their homes, residential experts at the New Eastside’s Urban Real Estate find that the easiest repairs can have the greatest impact. Whether you are considering selling or not, maintaining your home’s value is key to your own asset, as well as to keeping your …

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Open House Chicago — the weekend when the city’s most beautiful buildings are literally open to the public — will include six New Eastside locations on the weekend of October 15 and 16. Designed to allow the public an opportunity to explore great spaces that are generally  off- limits throug…

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Chicago-based Urban Real Estate salutes partner Matt Silver for being installed as the 133rd president of the Chicago Association of Realtors (C.A.R.), the local board of the National Association of Realtors. Before a crowd of more than 700 attendees at its annual gala held at the Radisson B…

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There were no questions allowed at a July 19 community presentation regarding construction plans for the supertall Vista skyscraper because Alderman Brendan Riley requested that all questions must be submitted in writing. Hundreds of New Eastside neighbors who may be directly impacted by the…

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Long-time New Eastside resident Michael Emery, senior partner with Urban Real Estate, is no stranger to the industry – which is why his expertise was tapped in January 2015 to serve on the local Multiple Listing Service’s (MLS) board of managers, Midwest Real Estate Data. A twelve-year seaso…

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Chicago’s diversity in culture, ethnicity, and socio-economic background brings opportunity for new business ventures to our great city. Knowing the nuance of the American process, especially as an expatriate, however, has a prevalent learning curve, as Urban Real Estate broker Justin Oliver…

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42nd Ward Alderman Brendan Reilley hosted a community meeting about the Wanda Tower proposed for 381-383 E. Wacker Dr. in late October. The Magellan Development Group was on hand to update neighborhood residents on the status of the project. The most notable details of Magellan’s presentatio…