South Loop Luxury by Related Enters Final Phase of Sales as Related Midwest continues to lead rebirth of Chicago’s condo market

Curt Bailey

CHICAGO, IL – A year and a half after relaunching sales at South Loop Luxury by Related, a collection of 500 condominiums across three towers in the South Loop, Related Midwest announced it has sold 400 units in just over 18 months, with only 100 of the original 500 residences remaining.

South Loop Luxury by Related represents three previously-stalled condo buildings that Related Midwest reimagined in 2013, when Chicago’s condo market was showing few signs of recovery.

As a result of the overwhelmingly positive response from buyers, Related Midwest has released an assortment of previously reserved units across the collection, which comprises The Grant, Adler Place and Harbor View – all immediately west of Chicago’s famed Museum Campus.

The newly released residences include a mix of standard units, as well as townhomes, penthouses, and two 4,000-square-foot “white box” units.

“When we launched South Loop Luxury by Related in 2013, we saw a unique opportunity to lead the charge in rejuvenating Chicago’s condo market,” said Curt Bailey, president of Related Midwest.

“Since starting sales last year, when the units accounted for nearly half of downtown Chicago’s unsold condo inventory, we’ve been able to significantly boost values in the South Loop.”

For a complete copy of the company’s news release, please contact: 

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

Julie Liedtke, jliedtke@taylorjohnson.com, (312) 267-4521