Sunday, 3 March 2019

Downtown Chicago is seeing a surge in new apartments — is it enough?

Chicago is expected to get nearly 8,000 new apartments in the next three years, but a new report suggests that may not be enough to meet demand. A near-record of 4,200 new apartments are expected to come online this year, but that number will slow to 3,500 in 2020 and 2021, according to a forecast from consultant Integra Realty Resources reported by the Chicago Tribune. But growing political uncertainty and rising property taxes could curtail […]



source https://therealdeal.com/chicago/2019/02/28/downtown-is-seeing-a-surge-in-new-apartments-is-it-enough/#new_tab

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