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

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

By Jay Koziarz Jun 29, 2017, 1:44pm CDT

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.