Living in a “popular neighborhood” may not be of utmost importance to all Chicago home renters, but for some it’s top priority. In terms of real estate, popularity is defined by the number of people currently residing in a specific area of the city. And as it was in high school, popularity brings with it [...]
Chicago Condos Online Real Estate Blog
Know What You Need from Your Chicago Condo
Chicago condos have never been more affordable, whether you’re looking at a downtown high-rise or a Wicker Park mid-rise, but there remain a few very pertinent questions you must ask yourself before deciding to buy. First, consider your definition of personal freedom when it comes to living space. Are you an avid traveler who cannot [...]
Vacant Chicago Condos Serve New Purpose for Local Residents
In nearly a dozen Chicago neighborhoods, unused condominiums are being sold to investors who are committed to “rehabbing” the properties as rental units. The city-wide program—while ambitious—will effectively alleviate a number of residential real estate market woes. Following a wave of foreclosures in 2011, condominiums in neighborhoods like West Woodlawn, Humboldt Park, Englewood and Rogers [...]
Everything Including the Kitchen Sink
When preparing to list a Chicago condo on the real estate market, condo sellers must be extremely attentive in ensuring that every last detail of their property gleams with perfection. Selling a condo in today’s market is extremely competitive, which means that no room can be ignored, no peeling wall left unpainted and no blemish [...]
Is Renting an Alternative to Selling Your Chicago Condo?
In today’s real estate market, moving from one condo to another in a short period of time is often a financial impossibility. Oftentimes condo owners find themselves still owing too much on their current property to justify a move to another one. As a result of such circumstances, tons of newlyweds, new parents and empty-nesters [...]
Hey Chicago Condo Owners, be prepared for emergency building repairs – just in case
Many owners of Chicago condos are aware of the potential need for emergency repairs. Chicago is a city of tough weather, including long, brutal winters. Such things as roof repair and the like are common. However, some owners of Chicago real estate may not be aware that the Condominium Act allows the board of any condo [...]
Tips for Purchasing a Foreclosed Chicago Condo
With an abundance of foreclosed properties on the market in Chicago, there has never been a better time to find a great deal. Foreclosures and other bank-owned homes offer a an excellent opportunity to get discounted prices on every type of real estate, from million-dollar mansions to one-bedroom condo units. RealtyTrac/Trulia recently released a survey [...]
Improving Your Chicago Condo
The time has come again for all Chicagoans to retreat into their homes, apartments and condos, wrap blankets around themselves and sit idly, waiting for the cold weather to pass us by. There is one advantage, however, to being stuffed up inside your Chicago condo for an extended period of time—namely, it gives you the [...]
Renting Out Your Chicago Condo
The notion of letting a perfect stranger live in one’s beautiful Chicago condo for a few weeks at a time—especially a condo into which they have poured much time and energy—may seem outrageous to some. After all, once you hand over the keys to a renter, the wellbeing of your perfect sanctuary is entirely in [...]
Perks of Owning a Chicago Condo
At the current juncture in the real estate market, it might seem like a smart idea to stay put in your rented apartment until things get better. The prospect of purchasing a Chicago condo in which to live indefinitely might appear all too unnerving right now. But anyone holing up in their rented space, awaiting [...]
