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This Week in Chicago Real Estate: New 140-unit project coming to Humbolt Park, development in the West Loop, and more

by Rachel Popa

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Lots of interesting things happened this week in the world of real estate. Notable stories this week included a new 140-unit multifamily project coming to Chicago’s ‘Hipster Highway,’ a map of the numerous developments in the West Loop, and more.

Catch up on this week’s top news with our real estate news roundup:

140-unit multifamily project coming to Humbolt Park – Chicago’s ‘Hipster Highway’ is due for more housing, according to a new report from Crain’s Alby Gallun.

Mapping development in the West Loop – Is the West Loop Chicago’s hottest neighborhood? A new map from Curbed Chicago, which charts all the current developments in the area, makes a compelling case. Check out the detailed map here.

Mortgage rates on the rise for third week in a row – Mortgage rates are on the rise, and a new Redfin survey finds that some consumers are feeling uneasy. Read the complete rundown here.

“Build-a-Box Homes” seeks to create more homes from shipping containers – Are shipping container homes the next big thing in new home construction? An entrepreneur in Houston thinks so. Realtor.com has the scoop on the versatility of shipping container homes.

Athlete’s village is in disrepair weeks before Olympics – Housing issues are everywhere – even the Olympics! The Wall Street Journal reports that Olympians are encountering some unfortunate issues in Rio.

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