The Chicago real estate market, specifically where Chicago condos are concerned, is positioned in such a way that it often behooves owners to rent out their property, rather than sell it at a potentially huge loss. However, there is a new hurdle being imposed on many buildings that makes it difficult for current owners to [...]
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Chicago Rental Market Heating Up this Spring
When the housing market came to a screeching halt in 2007, it sent homeowners and lenders into a freefall of debt and foreclosure. But from the rubble the Chicago rental market has risen, stronger and more vibrant than ever before. Fueled by a slew of new renters and a lack of new construction, the rental [...]
Landlords Gone Wild: Will Others Follow Suit?
The most recent buzz-worthy news soaring across the real estate circuit is that a landlord is practicing his hand at freedom of speech by airing his tenants’ dirty laundry on the World Wide Web. Though some residents are up in arms about this public humiliation plot, others believe if you’ve done the crime, you should [...]
Chicago Skyscraper Wins Prestigious International Design Award
The Aqua, an innovative mixed-use tower in Chicago’s New Eastside neighborhood, has won another notable award for its unique design. The building was honored last month by the International Real Estate Federation with the 2011 Prix d’Excellence International Design Award for the Residential High-Rise category. The Aqua also won the 2008 American Architecture Award from [...]
