Connect

Find Dickman Properties on...

Dashboard

Login using...

New Search X

Real Estate Blog

Looking to retire in a world-class city rich with cultural activity? Chicago, Illinois, may be the perfect place for you.

 

Chicago ranked 86th in the top 100 retirement cities of 180 in comparisons prepared by WalletHub. The “activities ranking” placed Chicago in the #10 spot. The Windy City isn’t just a great place to retire because of cultural interest and many other activities seniors enjoy. You will have several living options for retirement in Chicago, as well.

 

Below, learn why cultural activities and senior living options are reasons enough to place Chicago on your short list of potential retirement cities.

 

Chicago Offers Many Free Cultural Experiences for Retirees

Since retirement means moving from a career with a

380 Views, 0 Comments

Chicago developer, Habitat, is planning to build in the Fulton River District. Habitat understands that building residential units where big office towers are located is a good idea! Due to two new office buildings opening in the area, they believe the Fulton River District to be the best possible area for their residential project. AND, their building is close to the Fulton Market District, where  Google, McDonald’s and Mondelez are ready rooted. There are also office developments underway that have estimated completion dates of 2021 – 2023.

 

The 343-unit apartment tower will be located at 344 N. Canal Street.

 

The site where Habitat plans to build the tower was once owned by family Cassidy Tire & Service. Habitat recently signed an

122 Views, 0 Comments

McBrearty Builders are planning to build 18 condos on the corner site of Bronzeville. According to residents in the area, that corner has been vacant since the late 1970s. The firm states that the development will be 3 buildings, each with six units.

The area around this development is Pershing road and Dr. Martin Luther King Drive. There wasn’t much activity in the area until Marianos opened approximately 2 and half years ago. McBrearty Builders have been building in the Bronzeville area for over 17 years now. So, this isn’t their first rodeo.

The buildings are designed by 360 Design Group based in Bridgeport. The buildings will feature private outdoor space, either a balcony or a terrace on the roof of the building or their attached garage.

142 Views, 0 Comments

Sterling Bay Michigan Ave Tower

 

Seems like 300 N. Michigan Avenue may be getting a new 47-story tower in the middle of all the action! Sterling Bay, without a doubt, has been busy this year. They are currently closing in on final approval for their Lincoln Yards development, the biggest project the area has seen.

The tower plans for Michigan Avenue will include 280 hotel rooms and 290 residential units. This information was given by Alderman, Brendan Reilly. Sterling Bay owns a vacant building on the corner of Michigan and East Wacker. The proposed Tower is supposed to replace  the current building if the project moves forward.

This 523-foot building will consist of 29 floors of residential units and a hotel on the lower 10 floors. The Tower would also include 25,000 square…
136 Views, 0 Comments

Sterling Bay’s latest tweak made Lincoln Yard buildings less dense and shorter. The revision to their $6 billion mega project was made in hopes of winning City Council approval. Aldermen have expressed that they plan to oppose the development, which is another reason for their revision.

In their new proposal, Sterling Bay reduced their largest skyscraper 650 feet to 595 feet and the developments scope from 15 million square feet to 14.5 million square feet.  On top of that, Alderman Brian Hopkins confirmed that Sterling Bay has agreed to double their affordable housing on Lincoln Yards, which is something he pushed for.

However, Zoning Committee Chairman Alderman James Cappleman (46th) has yet to comment if he is satisfied with the latest changes.

131 Views, 0 Comments

Photo Credit: Draper & Kramer

A 275-unit tower located two blocks from McCormick Place Convention Center broke ground last week and will open in 2020. The development is a 24-story apartment tower located at 2111 S. Wabash Avenue.  Draper & Kramer, a Chicago Developer, is working on the residential part of the development making plans for a neighboring hotel too.

The development won City Council approval in 2016. The proposed plan at that time,  included the 144-unit hotel that would be on the northwest corner of Wabash and Cermak Road.

Since the proposal, the surrounding area has gotten lots of additions such as a new Green Line station and two other hotels. This spells good news for Draper & Kramer. The firms executive vice president stated

150 Views, 0 Comments

Lincoln Yards Site

Photo Credit: Sterling Bay

Megadevelopments Lincoln Yards and 78 fates are now in the hands of the Chicago City Council. Both tax-increment financing districts will receive as much as $2.4 billion in public money.

The approval for the proposed TIF districts came yesterday to finance infrastructure projects. Sterling Bay’s Lincoln Yards project will cost approximately $6 billion and will be located along the Branch of the Chicago River. Related Midwest’s project will cost approximately $7 billion for a mixed-use campus between Roosevelt Road and Chinatown.

The 78 has made more progress than Lincoln Yards so far. The 78 won City Council zoning approval last year. Lincoln Yards on the other hand, still needs approval from the City Council’s

126 Views, 0 Comments

Photo Credit: Sterling Bay

Lincoln Yards is probably one of the most anticipated developments in the Chicago area this year. As promised, we plan to keep you updated as more information becomes available.

Today, after a heated discussion, Sterling Bay is one step closer to the green light to build their mega project along the Chicago River. The Plan Commission approved Sterling Bay’s revised proposal, which didn’t sit right with residents in the North Side community. They were disappointed with 2nd Ward Alderman Brian Hopkins for backing Sterling’s plan so soon after revisions.

The revised plan is more detailed of course. The biggest change is the elimination of the 20,000-seat soccer field they originally proposed. That space will now be

182 Views, 0 Comments

CA Ventures Development

Photo Credit: Real Estate Alert

 

CA Ventures recently released an ad in a trade publication that shows a rendering of a tall tower at the northwest corner of Lake and Stetson streets. The site where this project will take place was originally supposed to be the Mandarin Oriental hotel and luxury condos. However, it went into foreclosure and the land was placed for sale over two years ago. 

 

As you can see from the above picture, the ad leaves us to guess, since it doesn’t provide details; we only know the location. It’s good to note that the company responsible for the ads are well-known for their apartments. Because of this, we can assume that the site will consist of luxury apartments. 

 

CA Ventures still has a long way to go.

172 Views, 0 Comments

CTA Red Line Rendering

Photo Credit: Related Midwest

Well-known developer Related Midwest proposed to turn 62-acres of Chicago riverfront property in Chicago’s South Loop into a campus with multiple amenities. One of the main features of Related Midwest’s proposal is the new red line station, which Related wanted to build on the east corner of 15th and Clark Street. However, Alderman Pat Dowell is not on board with this location. She refuses to support the $300 million-dollar red line development. This proposed 62-acre project has been nicknamed “The 78” would be a 13 million-square-foot development.

 

Alderman Dowell went on to say, “While I fully support 'The 78' development as a unique and necessary opportunity for growth in the City of Chicago, I cannot support

214 Views, 0 Comments