Curious about L3 Capital LLC that bought much of the Southport Corridor?

 
By now you know that much of Southport between Roscoe and Addison was bought by L3 Capital.  Will we be the next Oak Street?

Lakeview Named Nation’s 3rd Best Big-City Neighborhood by CNN Money

What do you like best about living in Lake View?  We think it’s Southport, but we’re a bit biased 🙂

From CNN-Money: Median household income: $77,500

Median home value: $345,000
Typical 2-bedroom rental: $1,800
 
 
Pros: If any ‘hood is all things to all people, it’s Lakeview. Ask residents what they like best, and some will tell you about the show they saw in the Belmont Theater District. Others will talk about the parks, golf course, and easy access to Lake Michigan. Then there are those who point to Wrigley Field or the Boystown district, Chicago’s largest gay and lesbian community.

And it’s all just five miles north of the downtown Loop, with affordable homes and easy access to the L.

Cons: Relative to real estate prices, rents are high. Some areas can get crowded (think Wrigleyville on game day). –S.M.

Read the rest here

 

What would you like to see take over Candyality’s space?

With the news this past week that Candyality is moving down and splitting space with Tru Value, what do you think will happen with this space?  Tear down?  Gut?  What would you like to see go in?
  

L3 considering merging or demolishing Candyality and Coobah

L3 is considering tearing down the old Candyality space along with Coobah to make room for a large retail complex similar to the one next door that houses Noodles and Company, Southport Fitness and Athleta.  Lake View Patch has the full story here.  
  
Southport Corridor Chicago

What Retail Will L3 Bring to Southport?

These are some of the properties L3 has purchased over the past year.

From DNAinfo.com Chicago: “Add more national and international high-end clothing retailers in the vein of Alice and Olivia or Theory. Not a mall — more like a version of Fillmore Street in San Francisco and a complement to the stores on Oak Street in Chicago’s Gold Coast.”

What are your thoughts? http://goo.gl/umuYKc

Southport Corridor Chicago

Southport Gap, Gap Kids and Baby Gap are coming soon


The Gap is on schedule to open this fall.  
Once Southport’s Flagship Gap opens, the Lincoln and Belmont location will close.