Introducing 1000M — New to South Loop, Chicago

January 29, 2024 | By Lauren Bozarth
Reading Time: 2 Minutes
100M

South Loop is welcoming a brand new 74-story residential skyscraper at 1000 S Michigan Avenue– 100M.

Read on to learn what this stunning 832-foot apartment building has to offer, what it’s like calling South Loop home, and when 100M will officially open its doors for residents.

What to Expect from 100M

In the city renowned for architectural innovation, 1000M has significantly elevated the standard for cutting-edge design and refined lifestyle. Crafted by Chicago icons Helmut Jahn and Kara Mann, 1000M presents a remarkable array of residences, ranging from well-designed studios to expansive 4-bedroom penthouses. 

Beyond its striking silhouette and premier location on Michigan Avenue, 1000M boasts over 80,000 square feet of indoor and outdoor amenities, including Chicago’s highest rooftop observation deck situated on the 73rd floor. Additionally, residents can enjoy an indoor pool and spa, outdoor pool deck, garden, virtual golf game room, formal dining room, lounges, a fitness center, and much more.

The tower incorporates a subtly twisted design to optimize panoramic views of the surrounding area. With sweeping vistas of Lake Michigan, Grant Park, and the iconic Chicago skyline, 1000M stands as a distinctive residential masterpiece.

Each lavish apartment unit boasts a modern design, spacious floor plans, in-unit washer/dryer, central air conditioning, central heat, hardwood floors, walk-in closets, a whirlpool tub, stainless steel kitchen appliances, and granite/quartz countertops.

About the Neighborhood

Living in the South Loop of Chicago is a dynamic and vibrant experience. Nestled between the iconic skyline and the serene lakefront, the neighborhood offers a perfect blend of urban energy and scenic beauty. 

Residents can enjoy the convenience of being centrally located, with easy access to cultural attractions like the Art Institute of Chicago and Grant Park. 

South Loop is a melting pot of diverse communities, reflected in its eclectic dining options and cultural events. The area is also known for its historic architecture, trendy boutiques, and modern condominiums. 

With an array of parks and recreational spaces along the lakefront, living in the South Loop provides a balance between city living and outdoor tranquility, making it an appealing choice for those seeking a dynamic urban lifestyle with a touch of nature.

Next Steps 

If 1000M piques your interest, we have good news! Prospective residents can reserve a unit and begin leasing this month. Apartments will be move-in ready just around the corner and right before the summer in May 2024.

Don’t miss the chance to experience the ultimate luxury and convenience that 1000M offers. Get in touch with our licensed team of brokers to learn more and get the ball rolling!

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The Leo Apartments: Now Leasing in River North

January 25, 2024 | By Lauren Bozarth
Reading Time: 2 Minutes
The Leo

We are thrilled to announce that The Leo, the highly awaited luxury apartment building is now leasing!

If you are in the market for a brand new place to call home in the happening River North neighborhood, keep reading to learn more about The Leo and how to claim a unit for yourself.

Life at The Leo

Towering 255 feet and 21 stories high, The Leo was crafted by Antonovich Associates with sophistication in mind. The building boasts 168 upscale apartments alongside 9,400 square feet of prime retail space at 741 N Wells Street.

Regardless of your living needs, chances are you can find the perfect unit among the diverse range of 50 studios, 101 one-bedrooms, and 17 spacious two-bedrooms. 

Residents of The Leo can take advantage of the rooftop terrace featuring a refreshing pool, well-appointed meeting facilities, a fitness area, a cafe, ample bicycle storage for up to 150 bikes, convenient parking accommodations for 51 cars, and more. 

Imagine stepping foot into your apartment and enjoying expansive open-concept designs, upscale finishes, and expansive floor-to-ceiling windows that flood the interiors with ample natural light. 

Picture yourself putting together a culinary masterpiece in the chic gourmet kitchen fully equipped with high-quality stainless steel appliances, stylish cabinetry, and premium countertops. 

Envision a serene escape in the spa-like bathrooms and generously sized bedrooms both featuring designer fixtures and lavish detailing.

Think about soaking up city views and unwinding on your private balcony, which is available in most units.

The River North Neighborhood

Situated in one of Chicago’s most esteemed neighborhoods, River North, The Leo offers the ultimate urban living experience.

River North is renowned for its artistic flair, upscale living, and lively atmosphere. Just north of the Loop and bordering the Chicago River, the area is a hub for art galleries, chic boutiques, and renowned dining options. 

The accessibility of River North is another highlight, with convenient transportation options and proximity to major attractions like Michigan Avenue and the Chicago Riverwalk. 

With all the neighborhood has to offer, many working professionals have chosen to call River North home.

If you are also considering calling River North and The Leo your new quarters, don’t hesitate to get your hands on a brand-new luxury apartment.

Our team of experienced and eager brokers would love to help you tour a unit, learn more, and begin the leasing journey. Reach out to us today!

EXPLORE THE LEO

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Apartment Experts

Spend less time apartment hunting, and more time living. Luxury Living is a complimentary service to make your apartment search easier, and even fun. Whether you’re new to the city or simply in need of a change, we are here to help.

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Costs of Living in Chicago for a Single Person with Rent

November 22, 2023 | By Lauren Bozarth
Reading Time: 3 Minutes
cost of living in chicago for a single person with rent

If you’re considering relocating or moving to the Windy City solo, Luxury Living wants to help you prepare financially. In this post, we’ll dive into the costs of living in Chicago for a single person with rent, the average rent increase in Chicago in 2023, other living costs, and how top neighborhoods compare.

Average Rent Prices in Chicago

The cost of living in Chicago for a single person with rent can vary drastically based on various factors, including location, year of construction, and the general market. However, let’s explore the average Chicago rent prices you may be paying today.

If you would rather forfeit some space and save some cash, you can expect to pay around $1,375 for a Chicago studio apartment and $33 per square foot. Those seeking a true one-bedroom will likely pay around $2,000 and $30 per square foot. Renters looking for an extra room for an office or guest room may opt for a 2-bedroom apartment running around $2,500 at $27 per square foot.

Average Rent Increase in Chicago

The reality any renter will face is monthly payments are climbing, and the average rent increase per year can feel steep. 

Currently, the median rent for a one-bedroom in Chicago is up almost 24% compared to last year and 10% higher than the national median.

Regarding Chicago neighborhoods experiencing the most significant rent hikes in the past year, Lincoln Park witnessed the steepest increase, surging by 10.6%. This elevated the average rent from $2,176 per month to $2,406. Similarly, the Wrigleyville and Buena Park areas saw substantial growth, with a 10.3% rise in rent rates, increasing from an average of $1,708 monthly to $1,883.

Factoring Other Living Costs 

When you’re a single person living independently, there are several crucial costs to factor in beyond rent. 

Make sure to budget for utility bills, including electricity, heating, cooling, water, and internet. Keep in mind that these costs can add up more quickly without a roommate to share the financial burden. Additionally, remember to account for groceries, transportation, insurance, and personal expenses.

The Cost of Living in Popular Chicago Neighborhoods

Understanding the cost of living in different Chicago neighborhoods is crucial for single individuals planning to move to the city. While the overall rent prices continue to show an upward trend, each community offers unique advantages, catering to different preferences and financial capabilities.

Let’s look at a few popular spots to call home and their respective rent prices:

  • Lincoln Park: Located on Chicago’s North Side, Lincoln Park is known for its beautiful parks, historic architecture, and vibrant community atmosphere. The average rent for a one-bedroom apartment in Lincoln Park typically hovers around $2,395 per month.
  • Lakeview: Just north of Lincoln Park sits Lakeview, a vibrant and eclectic spot to live. You can find a mix of trendy restaurants, boutiques, and lakefront parks here. Rent for a one-bedroom apartment runs around $1,800 a month.
  • The Loop: Considered the heart of downtown, this area is renowned for its iconic architecture and vibrant urban experience. $2,365 is the median cost of a one-bedroom in this central spot.

With insight into the cost of living in Chicago for a single person with rent, don’t feel overwhelmed by inevitable expenses or the average rent increase in Chicago. Instead, let our experienced team help you navigate the market, understand how much rent you can afford, and ultimately secure your dream apartment!

START YOUR SEARCH

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Apartment Experts

Spend less time apartment hunting, and more time living. Luxury Living is a complimentary service to make your apartment search easier, and even fun. Whether you’re new to the city or simply in need of a change, we are here to help.

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Best Companies to Work for in Chicago in 2023 

November 22, 2023 | By Lauren Bozarth
Reading Time: 3 Minutes
best companies to work for in chicago

Chicago, known for its bustling urban environment and thriving business landscape, offers a plethora of opportunities for job seekers. While many people are familiar with the city’s Fortune 500 companies, there are several other crucial factors to consider when searching for the ideal workplace.

In this post, we delve into the best companies to work for in Chicago in 2023, taking into account various factors such as work-life balance, benefits, professional development, and commitment to diversity and inclusion.

Top Chicago Companies

  • Salesforce: As a global leader in customer relationship management software, Salesforce is a standout choice for job seekers in Chicago. The company’s Loop location offers proximity to the city’s vibrant culture, making it an attractive destination for tech enthusiasts.
  • Google: Google’s presence in Chicago’s Fulton Market Neighborhood is another exciting opportunity for those seeking a dynamic work environment. Known for its innovation and commitment to employee well-being, Google consistently ranks among the top employers nationwide.
  • LinkedIn: This platform that connects professionals globally also makes an excellent choice for individuals interested in a West Loop location. The company values professional development and offers a range of resources to help employees advance their careers.
  • Bain & Company: This leading management consulting firm has established a strong presence in River North. The company is known for its commitment to work-life balance and offers various initiatives to support its employees’ personal and professional growth.
  • Boston Consulting Group: Another prestigious consulting firm located in River North, this company is renowned for its commitment to diversity and inclusion, making it an attractive option for individuals seeking an inclusive workplace.
  • Hubspot: Hubspot is a leading inbound marketing and sales software company, situated in the vibrant Fulton Market area. The company’s emphasis on employee wellness and flexible work arrangements sets it apart as an employer of choice.
  • Discover Financial Services: Located in the Riverwoods suburb, Discover Financial Services offers a tranquil work environment outside the bustling city center. This financial services company is known for its competitive benefits and commitment to employee growth.
  • Hyatt Hotels Corporation: Headquartered on Chicago’s North Side, Hyatt makes an excellent option for those interested in the hospitality industry. Its comprehensive wellness programs reflect the company’s dedication to employee well-being.
  • AbbVie: This pharmaceutical company, headquartered in the North Chicago Suburb, is an ideal choice for individuals in the healthcare sector. The company offers attractive benefits, including tuition reimbursement and healthcare coverage.
  • USAA: For individuals seeking job opportunities in Downtown Chicago, USAA is a notable option. The company provides various financial services and is committed to fostering a diverse and inclusive workplace.

As you explore the best companies to work for in Chicago, consider the optimal locations for these opportunities. River North, North Suburbs, Loop/West Loop, Downtown Chicago, and Fulton Market are all excellent areas to explore when searching for your dream job in the Windy City.

Before you begin your apartment hunt, let the Luxury Living team guide and support you throughout the process!

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Spend less time apartment hunting, and more time living. Luxury Living is a complimentary service to make your apartment search easier, and even fun. Whether you’re new to the city or simply in need of a change, we are here to help.

Featured Apartments

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Airlines Headquartered in Chicago

September 25, 2023 | By Lauren Bozarth
Reading Time: 2 Minutes
Airlines Headquartered in Chicago

While typically known for its iconic skyline and deep-dish pizza, the Windy City Is also a major player in the airline industry, with several leading airlines residing here. In this post, we’ll explore the airlines headquartered in Chicago and how you can make this convenient city home.

Economic Impact of the Airline Industry

The airline industry significantly contributes to Chicago’s economy, offering extensive job opportunities. The sector employs a diverse workforce, from pilots and flight attendants to mechanics, customer service representatives, and more. Chicagoans benefit from direct airline jobs and the various industries supporting aviation, such as hospitality, tourism, and manufacturing.

A Closer Look at the Airlines Headquartered in Chicago

Here are some of the key aviation players who call Chi-Town home.

  • United Airlines – As a founding member of the Star Alliance, a global network of airlines, United is one of the world’s largest carriers. The airline’s headquarters are situated in the heart of the Loop, Chicago’s bustling downtown district. Its presence in the city is a testament to Chicago’s importance in the aviation world.
  • American Airlines – Another aviation giant, American has a major hub at Chicago O’Hare International Airport (ORD), located in the northwest part of the city. This hub connects Chicago to countless domestic and international destinations, making it a crucial part of the American Airlines network.
  • Delta Airlines – This player in the industry also has a substantial presence at O’Hare International Airport (ORD). 
  • Southwest Airlines – Heading to the southwest side of Chicago, we find Midway International Airport (MDW), which serves as a central hub for Southwest Airlines. Southwest is known for its affordable and convenient domestic flights, and Midway Airport plays a pivotal role in its operations.
  • Boeing – Chicago is not just a hub for airlines; it’s also home to Boeing, one of the world’s leading aircraft manufacturers. Boeing’s headquarters are located in the West Loop, highlighting Chicago’s role in aircraft design and production.

The airline industry continues to be a driving force in Chicago’s economy, offering a multitude of job opportunities and contributing to the city’s global connectivity. Plus, it makes traveling as a resident especially easy! However, the Windy City’s airline heritage is just one of the many facets that make this city an exciting place to live and work.

If you’re considering relocating to be closer to the airlines headquartered in Chicago, Luxury Living Chicago Realty is here to help. Connect with our compassionate and capable team to help find you your dream apartment today!

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