Tag Archives | New Construction

New Construction in Streeterville Historically 1980-2020

New Construction in Streeterville Historically 1980-2020 Streeterville is one of the fastest growing neighborhoods in Chicago with 5 cranes rising in the neighborhood and 1500+ units under construction. However, over the past 5 years the neighborhood witnessed a single dimensional growth all concentrated in the apartment sector with little hotel development and no condo development. Historically, this […]

Mapping New Construction Market Activities in 2015

The new construction market in Chicago has been growing steadily in the past few years. In 2015, new construction homes occupied a significant portion of the real estate market in the city of Chicago. Mapping new construction homes sold in 2015 by price category In an effort to understand the new construction market in Chicago, […]

Pros and cons of buying a new construction home

Buying a New Construction Home There are many pros and cons to consider when buying a new construction home. In addition to the obvious advantage that everything is brand new and you’re the 1st person to live in that home, it can be exciting to pick out all the different options for your new home. […]

Chicago’s New Construction Market in Three Charts

Chicago’s New Construction Market in Three Charts The new construction market in Chicago has been growing fast in the last few years as shown by many indicators. The market took years to absorb the inventory created during the recession but now demand is increasing again. The absorption level is at record high since the recession […]