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Newly-listed units in 24-story River North condo tower are already finding buyers

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The unbuilt 71-unit development is looking to move forward at the corner of Huron and Orleans

Image courtesy of HPA

After first being shown to River North neighbors back in 2015 and then going somewhat quiet, the 71-unit condo tower proposed for 312 W. Huron (then known as 300 W. Huron) had sort of slipped off our radar. But, with the 24-story tower’s zoning approved by the Chicago City Council in September and now the sudden appearance of a number of condos on the Multiple Listing Service (MLS), it appears the project from JFJ Development is still very much a go.

Slated to replace a surface parking lot at the corner of Huron and Orleans, the building sports a modular-looking design from Chicago’s Hartshorne Plunkard Architecture. The tower features large private balconies and a relatively low podium wrapped by active uses and topped by a residential amenity deck. The ten condos that recently listed include two- and three-bedroom examples seeking between about $700 and $900 per square foot.

While downtown Chicago can seemingly absorb new rental apartments as quickly as developers can build them, the post-recession high-rise condominium market has been slow to bounce back. With a handful of units in 312 W. Huron already under contract, things are starting to look more bullish.