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After a few soft years in the real estate market, it took until August 2014, for units to sell for prices in excess of $1000 per square foot. Two units sold for over $3 million that month including a $3.99 million sale, which was the highest sale price in the building since 2009.
JMB Realty was a real estate investment company based in Chicago. In 1993, after suffering during the early 1990s recession , the company spun off its retail properties as Urban Shopping Centers, Inc. , which was acquired by Rodamco in 2000 and broken up.
Edgewater is a lakefront community area on the North Side of the city of Chicago, Illinois, six miles north of the Loop.The most recently established of the city's 77 official community areas, Edgewater is bounded by Foster Avenue on the south, Devon Avenue on the north, Ravenswood Avenue on the west, and Lake Michigan on the east. [2]
The plan calls for 13,575 new homes, 17,500,000 square feet (1,630,000 m 2) of retail and other commercial space, a new high school, 1,500-slip marina, 125 acres of public land, lakefront access, new bike paths, and commuter rail and bus service would house 150,000 people. [1]
The 78 is a development in Chicago that will consist of several office and residential towers, high-rises, and will also include a riverwalk. [1] The name "The 78" refers to the existing 77 community areas in Chicago and the mega-development is to increase that number by one. [2]
Lake Point Tower from St. Regis Chicago between Navy Pier and Lake Shore Drive, 2022. The architects for Lake Point Tower were John Heinrich and George Schipporeit, working under the firm name of Schipporeit and Heinrich; the two were students of Ludwig Mies van der Rohe, one of the best known architects of the Bauhaus movement and International Style school, who taught at the Illinois ...
Marshall Bennett (1915–2018), real estate developer credited with creating the modern industrial park. He was a childhood resident of South Shore. [23] Bo Diddley (1928–2008), singer, guitarist, songwriter and music producer. He resided in South Shore. [9]
The Chicago real estate bubble of the 1830s was a real estate bubble, during which time the per acre prices (in 2012 dollars) in the future Chicago Loop increased from $800 in 1830 to $327,000 in 1836, before falling to $38,000 per acre by 1841. The Bank of Illinois began foreclosing on large amounts of real estate in the aftermath of the bust ...
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