Real Estate News
WEST CENTRAL ASSOCIATION CHAMBER OF COMMERCE IN CHICAGO: For Lease: 842-844 W Randolph St.
This property is around 6000 sq. ft. (3000 sq. ft. 1st floor; 3000 sq. ft. 2nd floor) with an additional 3000 sq. ft. basement. It is a net to net lease.
Searches show West Loop growing as desirable place to move
Like many once industrial neighborhoods in big cities (think SoHo and the East Village in New York City, for example), it is no secret that the West Loop is gaining on The Loop and downtown Chicago as the place to be. Including the place to be living and walking to work and the amenities that make a neighborhood liveable.
Latest News
Dispensary33 aims to open shop on West Loop's restaurant row
In a growing trend, Dispensary33 is the latest weed shop that is looking to open in the booming West Loop.
Pre-leasing now open for Porte complex
By Fredrick Thompson Mar 16, 2020
New apartment complex Porte has joined the West Loop at the site of the previous H20 Plus shampoo manufacturer.
Coronavirus forces PepsiCo to close West Loop offices
PepsiCo decided to close the doors of its office building in the West Loop on March 11 because of a coronavirus infection.
New West Loop buildings will generate affordable housing, Neighborhood Opportunity Fund money
The Chicago Plan Commission last month approved changes to a high-rise mixed hotel/apartment development in the West Loop, but because the developer, Related Midwest, originally obtained approval years ago—albeit for a differently configured building—set-asides for affordable apartments will be less than would be required under today’s laws.
Southern edge of West Loop filling up with new housing
Fulton Market and Randolph Street aren’t the only areas of the West Loop experiencing a building boom, and a new 24-story apartment high-rise next to the Eisenhower Expressway is just the latest example.
West Loop luxury building 90% leased
Barely a year after opening, a luxury high-rise at 727 W. Madison St. in the West Loop has leased 90% of its units, its developer reports.
Crain's: Sterling Bay could get $450 million for McDonald's headquarters building
The 575,000-square-foot building that is home to McDonald’s headquarters is on the market.
Are new assessments depressing real estate prices in Cook County?
The exponential boom in Chicago real estate prices, and ensuing massive profits, may be slowing down soon and significantly as the city plans to reassess commercial real estate and owners and developers brace for higher assessments, and higher taxes.
EVEQ West Loop to open in July
A new 32-story West Loop condominium building could begin selling units as early as this summer, and new residents could begin moving in by July.
All or part of 150 N. Riverside Plaza up for sale
Three years after developing a 54-story office building at 150 N. Riverside Plaza and only 14 months after refinancing it for the second time, its owners are seeking to unload 49 percent ownership, or else the whole building.
Belgravia condo project taking over Hubbard Dance site in West Loop
After being on the market for more than three years, the Hubbard Street Dance group has closed a deal for its West Loop space with developers planning to erect condominiums on the 53,000-square-foot property.
Major global firm Duff & Phelps to defect from the Loop to West Loop
New York-based global advisory firm Duff & Phelps is moving its Chicago offices into a soon-to-be-completed, 47,000-square-foot space at Fulton Street Market in the West Loop.
W.P. Carey plans major development on West Loop block
New York-based real estate investment trust (REIT) W.P. Carey has secured a vacant lot next to its Ogilvie Transportation Center location and is planning a massive addition to its present seven-story loft space.
Aspen Dental signs 14-year lease for eight floors in Thor Equities tower
DeWitt, New York-based Aspen Dental has found a 200,000-square-foot home in the new, 19-story Thor Equities tower in the West Loop.
A rise of hotels have been added or are expected to open across West Loop
West Loop used to be an area with nearly no hotels for travelers to check into and relax during their stay in Chicago. By the end of 2019, it seems as though project developers have seen the potential success for the hotel industry in the city to flourish, as many new proposed projects include hotels or hotel components.
Plans for 43-story apartment tower in Fulton Market gain committee approval
Related Midwest and Tucker Developments’ latest plans for Fulton Market’s 495-foot, 43-story apartment tower were approved by Chicago’s zoning committee, as initially reported in Black Club Chicago.
Space-saver with big amenities
This cozy West Loop apartment is conveniently located steps away from the Loop, financial district, Union Station, Randolph Street restaurants, public transit, grocery stores, expressway and more.
Historic West Loop charmer
In place since 1949, this beautiful building has kept up with the times quite well.