Chicago Real Estate Blog

November 27, 2012

Cool Downtown Chicago Condo Priced $60k Below Developer’s Same Unit

When it comes to downtown Chicago condos, the location often can’t be beat. Living in the heart of the city puts you in the center of it all, and if you’re looking for a virtually-new building with an unbeatable downtown location, it’s The Legacy at 60 E Monroe. This elegant building is the newest one […]
November 26, 2012

Buying Chicago Real Estate: Should You Obtain a Fixed or Adjustable Mortgage?

Buying a Chicago home is full of decisions to make–everything from location to budget to what type of mortgage loan you want. Two types of loans–fixed-rate mortgages and adjustable-rate mortgages–each have their own features and benefits that an individual buyer might want to take advantage of, so how do you decide which is right for […]
November 8, 2012

Home Sales Are Increasing while Chicago Luxury Real Estate Holds its Own

Although home sales in general have been on the rise for 15 months in the row (according to the Wall Street Journal), the Chicago luxury market remains in a class by itself. Luxury real estate in Chicago is stable, more than likely because obtaining a loan is more difficult for homes that will have a […]
November 1, 2012

Now is Certainly the Time to Purchase Chicago Real Estate

In an industry like real estate, which can be as unpredictable as the stock market and have its share of ups and downs, I’ve seen a number of buyers say the words that put hindsight at 20/20: could have, would have, should have. We can never know if the “perfect” window for purchasing real estate […]
October 30, 2012

28 Luxury Chicago Condos Sold in September for a Total of $47 Million

Last month’s condo sales in Chicago continued to hold ground during summer’s end, with sales of luxury condos (those priced at $1 million or higher) totalling $47 million, with 28 units sold. A few things we continue to see among luxury condos include ample square footage, buildings with top-of-the-line amenities and new construction properties that […]
October 29, 2012

Obtain the List and Photos for Top 20 Luxury Chicago Home Sales in September, Totaling $35 Million

For buyers who are interested in luxury Chicago real estate, there’s always one great place to start: Look at previous sales. Even though these are properties that have moved on the market and aren’t available for a current buyer, they are a key way to outline what types of properties are selling and at what […]
October 18, 2012

Consider Your Lifestyle Before Making a Chicago Real Estate Purchase

Chicago isn’t short on options when it comes to luxury real estate in the city. But choosing the right home doesn’t always mean finding the one that’s the most-buzzed about on the market—buyers must think about their own lifestyle and how it plays into their needs and wants in a Chicago home. This is one […]
September 27, 2012
Lincoln Park 2550 Unit A6 floor plan

Hot on the Chicago Real Estate Market: Lincoln Park 2550

Working in the Chicago real estate market, there is plenty of news and properties and deals to keep abreast of–some more exciting than others. I’ve been eagerly watching one of the most anticipated new construction projects from the last few years become a reality–Lincoln Park 2550. These brand-new luxury condos are unlike any other property […]
September 26, 2012

Home Depot Cites Variables That Bode Well For Chicago Real Estate

In addition to keeping up on the news in Chicago real estate, business and the stock market, I’m always looking for bits and pieces of information that give me insight into particular companies. Being able to get a look at a company’s future earning ability helps with my personal investment philosophy when forecasting a company’s […]
September 21, 2012

The High Life: Advantages of Living in a Chicago Penthouse

When you think penthouse, many of us picture the high-in-the-sky, ultra-luxury condos that come with a several-million dollar price tag. And yes, penthouses like those are certainly highly coveted in the Chicago real estate market. But a penthouse unit is simply a top-floor property, and Chicago penthouses are available in a range of budgets and […]
November 7, 2007

The Ritz-Carlton Residences

Construction is to begin November 2007. Already, 40% of the units have sold. The ultimate in luxury and amenities, the units will have coved ceilings in the entry and foyers plus 10 to 12 foot ceilings in the units. There will be only 86 residences within the 40 floors. The residences will be managed by […]
November 7, 2007

Luxury Homes For Sale

When you are looking for a Chicago luxury home, check out the blocks that indicated are the most expensive blocks in the city. Your budget should probably be between $3.0 million to over $5.0 million. But then again you may find something less expensive so make sure you keep your eye on Willow, Howe, […]
October 29, 2007

Ulta Luxury Single Family Chicago Homes

Just take a drive down the 1800 to 1900 blocks of Howe, Orchard and Burling Streets and you are sure to be in another world. And, you’re in Lincoln Park not the Gold Coast. You will find some of the most luxurious newer single family homes in Chicago that are on 30 foot wide sites, double lots- 50 feet […]
October 29, 2007

Chicago Townhome Information

When a realtor quotes the square footage of a townhome keep in mind that the actual liveable square footage is less than quoted by 200 square feet for a one-car attached garage and 400 square feet for a two-car attached garage townhome.  In Chicago, square footage on a listing sheet includes the garage space for […]
October 25, 2007

Chicago Condo Commission Tip For Buyers

Sellers in the Chicago market are using a multiple of marketing techniques to sell their homes in order to avoid reducing prices substantially. One of these techniques is to offer realtors extra money to push their homes in the form of higher commissions. It is important to know this trend as your realtor should be […]
October 24, 2007

Realtor Representation-Resale Or New Construction

As a consumer it is best that you be represented by a realtor who has at least 10 years experience as he or she will know the real estate nuances that should serve you well when re-selling a property. This is especially true when purchasing new construction. If you are considering new construction, a person […]
October 23, 2007

Chicago New Construction, Awesome Location

For one of the most exciting new developments in Chicago, it has to be The St. Clair at City Front Plaza. The highrise, being developed by Centrum Properties, an all glass building, will have units with ten foot ceilings, and is slated to be completed in the year 2010. Just off Michigan Ave, in a […]