Chicago Rental Market


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The Shoreham at 400 East South Water Street (Google Maps)

Rental market is down and tower owner wants out

A 548-unit apartment tower in Lakeshore East hit the market, as owners continue to battle falling occupancy rates and...

Rental market is down and tower owner wants out
Pacific Reach Properties CEO Azim Jamal and a view of the proposed development site on West Monroe Street. (Pacific Reach)

Pacific Reach aims for 1K-unit Downtown rental complex

Demand for Downtown Chicago apartments continues to sink, but Pacific Reach Properties appears to have high hopes for the...

Pacific Reach aims for 1K-unit Downtown rental complex
333 East Ontario Street and BentallGreenOak CEO Sonny Kalsi (Google Maps; BentallGreenOak)

Massive Streeterville rental complex hits market

With occupancy rates at Downtown Chicago apartments falling sharply during the pandemic, the owner of one of the largest...

Massive Streeterville rental complex hits market
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