Archive for June 2011

Summer is the time to see Chicago neighborhoods

Most Chicagoans, it’s a fair guess, have never seen most of Chicago. Many have never ventured beyond the downtown and north lakefront neighborhoods. They’ve missed a lot of what makes this a great city. The city’s Office of Tourism and Culture offers a variety of guided neighborhood tours. It’s also been ramping up its online... Read more »

Rent an apartment or a condo at Lakeshore East?

The Lakeshore East mega-development on Chicago’s New East Side has three rental towers, The Tides, The Shoreham and Aqua, which also has condominiums and will include a hotel. You can also typically find a few units for rent in the Lakeshore East condo buildings: Aqua, The Regatta, The Chandler, The Lancaster and 340 on the... Read more »

The special assessment that costs more than the condo

A 3-bedroom, 3-bath condo at 5000 South East End Ave in Kenwood was just listed for sale for $89,900 – plus a $90,000 special assessment occasioned by the building’s recent conversion from co-op to condominium ownership. Unit 12A, also a 3-bedroom, 3-bath, has been renovated and is for sale for $289,900 after a recent price... Read more »

The high-rise scene in Lincoln Park

The wall of high-rises fronting Chicago’s Lincoln Park offer some of the most attractive living anywhere in the US. The park and its neighborhood form a great urban playground for the young and the old. Urban Living‘s Jeff Herbert concentrates his real estate practice on the near-lakefront stretch of Lincoln Park and has come to... Read more »

What $200,000 buys you in Chicago

Windy City Live recently sat down for a video interview with Chicago Magazine real estate maven Dennis Rodkin to chat about the housing market and what $200K will buy in different parts of Chicagoland. Watch the video for some surprisingly good bargains in the city and in the suburbs.

Free parking and more in the South Loop, at The Columbian

The Columbian, which bills itself as “the best deal on Michigan Avenue” is advertising free parking and up to $20,000 in “decorating dollars” on its “closeout price” units in the South Loop. The decorating credit is $5,000 for 1-bedrooms, which start at $299,900, $10,000 for 2-bedrooms starting at $399,900, $15,000 for 3-bedrooms starting at $709,900... Read more »

Videos note change in Pilsen, Avondale and West Englewood

For one Pilsen business owner, neighborhood change means that “no one is stealing my flowers.” A Schurz High School student sees Avondale as having “changed from bad to good in the past 30 years. My family and I changed along with the neighborhood.” In West Englewood, a network of block clubs is working to promote... Read more »

Homes and condos continue to rent quickly in downtown Chicago

Back in November of 2009, when we began tracking MLS-listed homes and condos for rent in 14 downtown ZIP codes there were 1,927 units available. Available units fell 745 on June 3, a decrease of 61%, and increased only slightly this week to 753. Three weeks ago the inventory stood at 786, and it was... Read more »

A Lincoln Square renovation on an extra-wide lot

A single long block takes you from the thriving commercial strip at the heart of Lincoln Square to a quiet, tree-lined stretch of renovated homes. My son Jordan worked the camera this morning as we walked through a beautifully redone 3-bedroom home on an extra-wide lot. The home has large, highly functional living spaces, significant... Read more »

Where do Chicagoans really want to rent?

Ask people in the real estate business which neighborhoods are most popular with Chicago renters and you’ll get a wide variety of answers, many of them self-serving. Fortunately, there’s an objective way to gauge popularity – Google’s “database of intentions,” i.e., what people are actually searching for and visiting on the Internet. According to Google... Read more »