1 hour ago

1 hour ago

An on-site look at Wolf Point construction and views

Joe Zekas on The views from 1345 Wabash in the South Loop

1 hour ago

Study highlights benefits of full-day preschool in Chicago

Our sister publication: 111 W. Jackson Blvd., Suite 820, Chicago, IL 60604 • (312) 427-4830 • editor@catalyst-chicago.org

5 hours ago

10 Things to Do

. Dec. 5, reception 6:30 p.m., dinner and dancing 8 p.m. $500, tables start at $6,000. Hilton Chicago, 720 S. Michigan Ave.

6 hours ago

Downtown Gift Guide: Marina Tower Earrings, Tailgate Gear and More

...even big book chains struggle to survive, somehow Sandmeyer's Bookstore in Printers Row at 714 S. Dearborn St. endures. That's likely due to its wide selection, including a large children's section...

The same personal service applies at Gentile's, also known as the Printers Row Wine Shop at 719 S. Dearborn St. They've expanded the selection for the hot hipster's choice of local craft beers like Lake Effect, Two Brothers and Revolution Brewing. And there's a bourbon of the month as well.

SuccezZ, 1329 S. Michigan Ave., is partially owned by Bobby Simmons, the former Simeon High School and DePaul University hoops...

This article has 5 other Chicago locations (Show)

...Visit From St. Nicholas." So he'd be right at home at Up Down Cigar, 1550 N. Wells St. The self-proclaimed "Greatest Tobacco Store on Earth" has cigars, cigarettes and pipe tobacco, but...

...the city's most extensive collection of jazz records and CDs, the Jazz Record Mart, 27 E. Illinois, is also the self-proclaimed "World's Largest Jazz and Blues Record Store." It prides...

...itself as a world-class — and globe-spanning — sausage restaurant in the West Loop, at 1114 W. Randolph St. Yet for holiday shopping you don't even have to go there. Their online selection...

...might not avoid the crowds if you hit up the Art Institute's gift shop, 111 S. Michigan Ave.  But practically everything in the store screams something about the city's most magnificent art...

...no better place to find a distinctively Chicago gift than the Chicago Architecture Foundation Shop, 224 S. Michigan Ave. A set of Marina Tower earrings will set you back $160, but you can also...

6 hours ago

Fire Reported At Vacant Old Post Office Building

The fire started around 8:25 a.m. and spread to the roof and top floor of the vacant building at 433 W. Van Buren St.

8 hours ago

Three Chicago-Area Women Sue CD One Dry Cleaners

FruVe xPress Juicery Opens at 1130 S. Wabash

8 hours ago

Crews Tend to Fire at Old Post Office

A cloud of gray smoke was seen emanating from the building, at 433 W. Van Buren Street. Video from NBC Chicago's helicopter showed firefighters on a high-rise ladder.

8 hours ago

Fire reported at vacant old Post Office building in Loop

The fire began on the roof and top floor of the building at 433 W. Van Buren about 8:25 a.m., according to police and Fire Media Affairs.

8 hours ago

Small fire at old post office in South Loop

The fire was reported around 8:45 a.m. at the former main Chicago post office that spans the Congress Expressway at 433 W. Van Buren St.

8 hours ago

No injuries in small fire at old post office

The fire was reported around 8:45 a.m. at the former main Chicago post office that spans the Congress Expressway at 433 W. Van Buren St.

4 days ago

Updated 9 hours ago

Check Out These Super-Cheap Two-Flats in East Garfield Park

Launch gallery Newer homes along Washington Boulevard near California Avenue. The area's lost density is gradually being recovered.

...with a dozen purchases. They are now looking to liquefy a pair of buildings at 109 S. California Avenue and 2609 W. Jackson Boulevard to free up money for other projects. Pinea paid $23...

...are now looking to liquefy a pair of buildings at 109 S. California Avenue and 2609 W. Jackson Boulevard to free up money for other projects. Pinea paid $23,350 and $88,000, respectively...

...90s. Way better. They put a park in right down the street (Park 574, at Jackson and Rockwell), new housing, a new grocery store (the very large Pete’s Fresh Market at Western...

  • we need change CLEAN-UP THE CORNERS

    Tired, Tired, Tired,

    I agree with you about "buyer beware" of the random rehab. Some are legit but do your due diligence.

    As for not getting $1200 for market rate. I live in WGP and myself and several neighbors are getting $1200 for market rate tenants. Please note, we all...

    Read full comment…

    Tired, Tired, Tired,

    I agree with you about "buyer beware" of the random rehab. Some are legit but do your due diligence.

    As for not getting $1200 for market rate. I live in WGP and myself and several neighbors are getting $1200 for market rate tenants. Please note, we all have very nice and modern apartments and you might have to hold out a while longer but with a nice property, you can get it.

    In the past, I've taken less for a good market rate tenant too. And I still would take a solid $800/mo tenant vs. a questionable $1200/mo. tenant.

    Most landlords on the West side have gotten hip to the horrible crop of potential tenants out here. Most are now screening hard, holding out and taking less. But it pays off in the long run. Less problems.

  • @tiredtiredtired I hate to break it to you but I've seen plenty of permitted work by contractors go horribly wrong as well. Even worse in many cases.

    Regardless the easy way to solve this is simply do a contingency clause in your offer contract for an inspection. Be sure to...

    Read full comment…

    @tiredtiredtired I hate to break it to you but I've seen plenty of permitted work by contractors go horribly wrong as well. Even worse in many cases.

    Regardless the easy way to solve this is simply do a contingency clause in your offer contract for an inspection. Be sure to bring in your own well researched person/firm (not one the broker recommends)

    Besides nobody selling a home that is *not* a new home builder is going to offer/underwrite a warranty. This would be like buying a used car via private party with a warranty that wasn't manufacturer.

    Do the math on a total tear down/rebuild - this is typically going for around $120/sqft - meaning you could rehab at least 2-3x over. The only time this doesn't make sense is if the building is not structurally sound or takes up a large footprint where you could build 2-3 buildings and profit from a density expansion.

    That said, I'd be willing to wager that the closing price on these properties is in the ballpark of $20k of asking.

13 hours ago

Near the Top of Willis Tower, Lunch With a View Awaits Members Of The Metropolitan Club

...for example, the Metropolitan Club on the 66th and 67th floors of the Willis Tower (233 South Wacker Drive). It’s only two-thirds of the way up, but the Chicago skyline from that...

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