Archive for Chicago Real Estate

Aug
29

Museum Park Duplex Loft…..

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DRAMATIC DUPLEX LOFT – INTIMATE SOUTH LOOP BUILDING!
1880 square foot three bedrooms – two full baths. Flowing living room-dining room area with an open granite island kitchen perfect for entertaining! This home offers hardwood floors, stainless steel appliances, beautiful master suite and is professionally painted thru-out. Truly unique space-floor plan with soaring ceilings, floor to ceiling windows offering breathtaking views of Museum Park & the lake and a fabulous 20′ x 10′ terrace perfect for grilling/dining. 2 side by side parking spots  #91 and #92 included. $779,000

 

Click here to check the availability of  Museum Park Lofts at 125 E. 13th St. Chgo, Il 60605
 For more information about Museum park Lofts, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

 

 

 

Aug
23

Folio Square Lofts in Printers Row

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Folio Square Lofts 124 W. Polk Chicago

Folio Square Lofts 124 W. Polk Chicago

 

Situated at 124 W. Polk in the popular South Loop neighborhood, this historic Chicago condo building was built in 1910 and has 64 separate units that provide quality construction, spacious layouts and all the modern amenities you need to live in comfort. The various floorplans cater to single residents and families alike with as few as 1 bedrooms, or as many as 3+ separate sleeping spaces to house the whole crew-including Fido and Fluffy, since the building has a “pets allowed” policy.

Click here for all availability at Folio Square Lofts, 124 W. Polk Chicago
For more information about Folio Square Lofts, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

 

 
 

 

Aug
20

New photos of the Chicago Spire

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Below are renderings of the proposed Chicago Spire residential tower. The images were provided by Shelbourne Development Ltd.

The Chicago Spire

The Chicago Spire Image of kitchen

 

The Spire Suite

The Spire Suite

 

The Spire Bathroom

The Spire Bathroom

 

For more information about The Chicago Spire, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

 

PRICE REDUCED! 3 Bedroom 3 Bath Penthouse home at Parc Chestnut. Beautiful custom kitchen with stainless steel appliances with range hood, granite counters/island and slate back splash. Home features custom lighting, all 3 baths with marble/granite, under mount sinks, true oak hardwood floors throughout living/dining room & kitchen and 11 ft. ceilings. 200 sq. ft. north facing terrace. Tandem parking space #262T included. $999,000

Click here for all availability at Parc Chestnut, 849 N. Franklin Chicago

For more information about Park Chestnut, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

Aug
18

2 Bedroom True Concrete Loft For Sale

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Spectacular 1400 SF Concrete Loft with huge 30′X12′ Patio. Home features 10 ft. ceilings, floor to ceiling windows, hardwood floors with an open living room dining room, gas fireplace and in unit laundry room. The master bedroom features a private bath with huge walk in closet. Large Island Kitchen with maple cabinets and black appliances. True walk to work location!

Click here to check the availability of Metropolitan Place

For more information about Metropolitan Place, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

Aug
16

The Chicago Spire Emerges Below Ground

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Deep foundation work proceeding for world’s tallest residential building.

Chicago Spire
Chicago Spire

 The Chicago Spire, the most significant residential development in the world, is emerging on a site near the intersection of the Chicago River and Lake Michigan. Deep foundation work is proceeding on this spectacular 2,000-foot twisting tower that will dramatically change the Windy City’s skyline.

Designed by Spanish architect and engineer

Santiago Calatrava, The Chicago Spire will be the world’s tallest exclusively residential building and the tallest building in the western world upon completion in late 2011/early 2012. In addition, it will be the most slender super-tall building in the world, based on a base-to-height ratio approaching 1-to-10. Rising 150 stories, the twisting tower will house 1,194 unique residences with the finest amenities available anywhere in the world. Each level in the seven-sided structure will rotate an average 2.44 degrees between floor plates, giving the structure its distinctive fluid appearance; the building will turn a total of 360 degrees.

Calatrava is known for his ability to create public landmarks on a grand scale, and he has used his expertise to create a building that showcases cutting-edge architecture, engineering and construction. The Chicago Spire is destined to be an iconic structure.

“Santiago Calatrava’s design is an organic form that was conceived in response to the building’s location and its juxtaposition with the city,” says Niall Collins, project director for Shelbourne Development Group. “The shape of the building is a solution for a number of factors — to maximize the aspect of the units as they are arranged on the floor plates, and equally to address other engineering challenges like wind and deflection.”

Calatrava is serving as lead architect/engineer for the concrete and steel structure, which will sport high-performance glass on its exterior. One of the world’s most influential architects, Calatrava initially made his name building bridges throughout Europe and is known for such highly-creative designs as the Milwaukee Art Museum and the “Turning Torso” in Malmo, Sweden — the tallest building in Scandinavia. He’s also responsible for the Velodrome designed and used during the 2004 Olympic Games in Athens, Greece. In 2005, he was awarded the American Institute of Architect’s Gold Medal — its highest honor.

Chicago Spire

Chicago Spire

Other principal design team members involved with The Chicago Spire include Perkins+Will, architect of record; Thornton Tomasetti, structural engineer; and Cosentini Associates, mechanical/electrical engineer.

A Strong FoundationConstruction of The Chicago Spire is taking place on a 2.2-acre site bounded by Lake Shore Drive, Ogden Slip, Lake Michigan, and the Chicago River. The building will feature 1.9 million square feet of residential space, and residents will park their vehicles in a garage that reaches seven levels underneath (with six floors — 11.6 acres — of usable parking space for 1,350 cars). The parking garage will be the deepest underground parking structure in Chicago.

Additional components of the project include a 1-acre landscaped public plaza and newly constructed ramps from lower Lake Shore Drive that will give the building its own Lake Shore Drive access.

Initial work on the foundations began in July 2007 when Case Foundation Co., Roselle, Ill., began drilling the first of the 34 caissons (14 perimeter caissons and 20 rock caissons) that support the building. The caissons are being drilled 120 feet deep into the bedrock.

“The testing that was done on the rock caissons succeeded anything else that has been done in the United States, certainly in Chicago,” Collins says.

Under its foundation contract, Case crews excavated a 104-foot-diameter cofferdam 78 feet deep to create a dry work environment, and began constructing a perimeter wall 3 feet wide and about 80 feet deep. “The perimeter component, the bathtub, is being formed with a combination of slurry walls and secant pile walls, and is obviously designed to keep out the water on three sides of this project,” Collins says.

“Ninety-eight bell caissons are being constructed right now that will support the garage elements,” he adds. The top-down construction of the plaza and garage will begin after this underground phase is completed in July.

Inside The Chicago SpireCalatrava designed each of the homes in The Chicago Spire to be unique, so no two units are alike. The collection of residences includes a Calatrava signature unit called a Gallery. Larger in size than a suite, the Gallery features a custom-designed circular bed enclosure with sliding glass doors to provide a separate sleeping area and wood wall panels to cover sections of ceiling.

With 10-foot ceilings and windows combining vertical and trapezoidal glass panels, residences will provide breathtaking views of the lakefront, skyline, city neighborhoods, and four states (Illinois, Wisconsin, Indiana, and Michigan). Materials for the residences have been carefully chosen from a natural palette and include: wide-plank herringbone hardwood floors, elegant granite, marble and onyx stone, crafted European cabinetry, integrated American and European appliances, and European plumbing fixtures.

Lobby and amenity space will occupy the lower floors of The Chicago Spire. The 53-foot-high transparent lobby will feature Calatrava’s sinusoidal motioned maple ceiling. The lobby’s footprint will measure 15,220 square feet.

The Chicago Spire will also include approximately 55,000 square feet of amenity space on floors four through seven. Amenities include a recreational pool, fitness center with basketball court, climbing wall, golf simulator, cigar room, residents’ library, children and teen games area, private movie screening theater, business center and conference room, and private dining rooms.

Aiming For GoldConceived as an environmentally sensitive project, The Chicago Spire will incorporate world-class sustainable engineering practices to meet the Gold standard of LEED (Leadership in Energy & Environmental Design) certification. These practices include: recycled rainwater for landscaping maintenance; river water for cooling; special glass to protect migratory birds; bike storage; planting and development of parkland; underground parking to reduce environmental impact and heat gain; incorporating Intelligent Building & Energy Management System to provide efficient use of resources while optimizing comfort; waste storage and recycling management; monitoring outdoor air delivery to maximize occupant comfort; and being 15 percent more efficient than current energy regulations.

“We are aiming for LEED Gold,” says Collins. “Calatrava has done a lot of projects in Europe where it has become an everyday event to have a LEED-type building and to incorporate sustainable components into the design. Some of the components in The Chicago Spire are elements that are disguised behind the facade or within the guts of the building.”

Among its many engineering achievements, The Chicago Spire will have the world’s longest elevator run at 1,864 feet. The building will be serviced by 17 elevators (14 passenger elevators in four banks, and three freight/fire elevators).

Gearing Up For MultiYear ProjectShelbourne Development Group anticipates a large on-site workforce during the multiyear project. “We are anticipating in excess of 2,000 workers at the complete peak of activities between shell and core and the finishes,” says Collins. “So, there will be a small village of people.”

“And that doesn’t event count the people involved in the creative process on the other side,” says Kim Metcalfe, a project spokeswoman. “The intellectual capital that comes into Chicago from all corners of the globe to plan the various portions of the building to the minutia is amazing. So, not only will there be a small village building this building, but you literally have the most amazing brains working on this project from almost every country.”

Approximately 50 lead consulting firms are participating in the construction of The Chicago Spire, and they are joined by hundreds of subconsultants. “It takes a massive team,” Collins says.

Shelbourne Development Group, which has offices in Ireland, the United States, France, and the United Kingdom, is overseeing every element of the project. “We are very much a hands-on type developer,” Collins says.

Collins, a 15-year development professional, says Shelbourne and other members of the project team are excited to be involved with the landmark building. “It is a fantastic project,” he says. “For me, it is the top of my career for the moment to be involved in a project like this. It is a dream for anybody in real estate or development to have an association with The Chicago Spire. Everybody is passionate about delivering the project.”

By Tom Hale — Construction Digest, 6/9/2008

Click here to check the availabilty of the Chicago Spire

For more information about The Chicago Spire, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

Aug
15

850 W. Adams Lofts…

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850 W. Adams
850 W. Adams
850 W. Adams

850 W. Adams

 

The city’s most exclusive Loft Building with only 35 homes. Most are above 2000 sq. ft.   

Click here to check the availability of 850 W. Adams

For more information about 850 W. Adams, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

Aug
13

Take a Tour of the Loop…..

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For more information about homes for sale in Chicago’s Loop, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

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Aug
12

1000 W. Washington Lofts

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1000 W. Washington Lofts

1000 W. Washington Lofts

 

 

 

These true brick-and-timber lofts offer a number of luxury amenities. Each loft comes with central air conditioning, a gourmet kitchen with granite countertops, a breakfast bar, and an appliance package, and a master bathroom with marble finishings. Residents can keep warm during the winter with the fireplace, and enjoy a warm summer afternoon on their private deck. Each unit comes with hardwood floors throughout.

Click here for 1000 W. Washington availability

For more information about 1000 W. Washington, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

Aug
12

More on the Home Buyer Tax Credit

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First-Time Home Buyer Tax Credit. Despite its name, this program isn’t about first-time buyers nor is it truly a tax credit. Rather, it’s more like a 15-year interest-free loan from the federal government to any home buyer who hasn’t owned a home in the last three years. The so-called “credit” comes with a recapture rule that turns a one-time $7,500 tax break into a $500 annual tax liability for the next 15 years, which is not a happy thought. If the home is sold at a profit before the 15 years are up, the balance of the credit becomes payable in full. But if the home is later sold at a loss, the government writes off the balance. That hypothetically could create a probably insignificant, but nonetheless perverse incentive for the homeowner to sell the home at a loss if the gain would be less than the tax liability. And it again puts the federal government at risk.

getanewhome.net

getanewhome.net

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