ML - Michigan Avenue

2012 - Issue 3 - April/May

Michigan Avenue - Niche Media - Michigan Avenue magazine is a luxury lifestyle magazine centered around Chicago’s finest people, events, fashion, health & beauty, fine dining & more!

Issue link: http://digital.greengale.com/i/61757

Contents of this Issue

Navigation

Page 131 of 147

real estate warming trends RENTAL WARS AND THE GREAT OUTDOORS DOMINATE THE SPRING REAL ESTATE MARKET. by lisa skolnik P ools and gardens are what everyone wants at this time of the year, as evidenced by the demand for rentals with great out- door amenities and residences with gorgeous terraces and gardens. Rental WaRs W boom over, ith the easy-credit housing rental made a comeback. And in the newest crop of luxury rental towers, developers have gone all out to attract residents with over-the-top building ameni- ties. "There's usually one little thing that sets a property apart and makes it the best choice for you," says Homescout Realty broker Brad Jaffe 3151), who specializes (248-891- in high-end rental properties and likens his job to matchmaking. Here, he outlines each one's best attributes. In River North, EnV (161 West Kinzie) has the most awe- some rooftop deck; Flair Tower (222 West Erie) has an outdoor heated pool and hot tub, and the latter stays open most of the year with the ambiance of a European ski resort; and Parc Huron (469 West Huron) has a subterranean level with a spa and wine cellar where residents can have their own wine lock- ers. The larger Kingsbury Plaza (520 North Kingsbury) has a gorgeously landscaped outdoor area and pool, and discounted membership to the East Bank Club next door. In Streeterville, sister towers The Streeter (345 East Ohio) and Streeter Place (355 East 130 michiganavemag.com The three-story 1330 North Cleveland features a spacious garden. The outdoor pool at The Streeter, 345 East Ohio. The Streeter at 345 East Ohio boasts a half basketball court. living has The kitchen at 219 East Lake Shore Drive. Ohio) are under separate management and don't share amenities. The Streeter has a half basketball court, resistance pool, and phenomenal library and business center, while Streeter Place boasts a huge club lounge and communal kitchen. In West Loop/Fulton Market, the giant twin-tower development Alta at K Station (555 West Kinzie) "gives you amenities on ste- roids," says Jaffe. The "cruise ship-quality offerings" in - clude a health club, a full basketball court, movie and game rooms, an outdoor pool with private cabanas, a business center, and more. Lake Shore East is the most communal spot thanks to a central park that makes the eight-building (and grow- ing) development feel like a small town within a city. The Tides (360 East South Water) has a whole amenity floor, but its TV-equipped hot tubs with spectacular Chicago River views are the city's best. And Aqua (225 North Columbus), ment's jewel the court, develop- in the crown, has it all, including a half bas- ketball an outdoor track, and spectacular indoor and outdoor pools with an iPod docking system. $1,900–$2,500 rooms; On average, expect to pay for $2,500–$3,500 one-bed- for two-bedrooms; and $4,000 and up for three-bedrooms. And keep in mind that "units in the best buildings, especially the continued on page 132 indoor

Articles in this issue

Links on this page

Archives of this issue

view archives of ML - Michigan Avenue - 2012 - Issue 3 - April/May