5 Luxury Apartment Developments in Chicago We're Thankful For in 2014
by Nick Nastos
on Thursday, November 27th, 2014 at 10:52am.
HAPPY THANKSGIVING FROM CHICAGO'S PROPERTY SHOP!
The holiday season is upon us, and as we look back at the year that was, 2014 was certainly the year of luxury rentals here in downtown Chicago. Believe it or not, roughly 2,000 more apartments were added to the downtown real estate landscape over the past 12 months, and if you think that trend won't continue, it's expected that 4,000 more will be added in 2015.
As an agency that specializes in luxury apartments in downtown Chicago, it's certainly an exciting time to be working in the real estate industry. Both 2013 and 2014 brought some magnificent new rental developments to the city, and as we reflect on what's been a crazy time for the high-end rental market, here's a look at the top 5 luxury apartment buildings in Chicago that we're thankful for this holiday season:
850 N. Lake Shore Drive
Now one of Streeterville's most elite apartment buildings, this lakefront development, which opened back in January, is the epitome of elegance, sophistication, and luxury living in Chicago. Housed in a vintage 1920s building, there's really nothing else quite like this combination of new and old in all of downtown Chicago. [Learn more about 850 N. Lake Shore Drive rentals...]
Over the years, AMLI has certainly brought us some spectacular apartment developments here in Chicago, but few are as amazing as their latest project to hit the market, the AMLI Lofts over at 850 S. Clark. Making its official debut this past summer, its one of the few opportunities Chicagoans have to occupy a newly developed loft building! [Learn more about rentals at the AMLI Lofts...]
73 E. Lake
Also opening this past summer, 73 E. Lake offers the perfect central location. Situated just off Michigan Avenue and just steps from Millennium Park, this luxury complex is ideal for those who already work downtown and are looking for that true walk-to-work location. [Learn more about rentals at 73 E. Lake...]
Located at 123 N. Desplaines, Chicago's Catalyst apartment building is one of the most exciting rental development to hit the market, mainly because of it's trendy West Loop location. The amenities certainly help elevate Catalyst to one of the top new luxury apartment developments to open in 2014, but given it happens to be located in one of Chicago's hottest neighborhoods right now, it makes that much more desirable to those in the market for a new rental in the Windy City. [Learn more about rentals at Catalyst...]
Madison at Racine
Located just around the corner from our office, Madison at Racine is one of the newest developments to hit the Chicago luxury apartment market, having only opened back in October. Located at 1212 W. Madison, this 216 unit building features one of the best West Loop location imaginable, just steps from all the shops, restaurants, bars, and cafés that line this stretch of Madison Street. [Learn more about rentals at Madison at Racine...]
Bonus Building: 111 W. Wacker
As one of the top producers at 111 W. Wacker, this one is among our favorites in all of downtown Chicago. Its riverfront location provides spectacular views, while the amenities here truly are unmatched compared to almost every other luxury rental building in the city. [Learn more about 111 W. Wacker rentals...]