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Posts tagged "rentals"

Lake Bluff apartment complex for sale

According to Crain’s Chicago Real Estate Daily, the 224-unit Deer Valley apartment complex in Lake Bluff is for sale a year after it was purchased for $22 million. Prime Property Investors, the owner, reports that Deer Valley’s mix of 1- and 2-bedroom apartments is fully-occupied and that the project’s rent roll has increased from $215K... Read more »

Renovated rental townhomes in the heart of Winnetka

Library Place townhomes are in a convenient location steps from the very urban heart of downtown Winnetka. Shops, restaurants, schools, parks, a Metra station are all within easy walking distance – and some of the best North Shore beaches are nearby. The floor plans, from 1,800 to 2,200 square feet, feature 3 bedrooms, 2 or... Read more »

The housing cost burden in Wilmette and Winnetka

The US Department of Housing and Urban Development explains the concept of a “housing cost burden” as follows: Families who pay more than 30 percent of their income for housing are considered cost burdened and may have difficulty affording necessities such as food, clothing, transportation and medical care. Most of us simply take it for... Read more »
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This week's rental pick is in Wilmette's Kenilworth Gardens

It’s been a while since I singled out a North Shore rental pick. This week’s focus falls on 2240 Kenilworth Ave, a 3-bedroom, 2 ½ bath home in Wilmette‘s Kenilworth Gardens offered at $3,300 a month. There isn’t enough information online to determine whether the home qualifies as special in any way, or whether it’s... Read more »

Few attractively-priced rentals on the North Shore

We’ve tracked the market for rental homes and condos on the North Shore for several years and the market appears to be as tight as I’ve seen it. There are more properties available than there were in the late spring and early summer of last year but, and this is purely an impressionistic take, the... Read more »

Rental spotlight – a new townhome in Northfield for $4,500

Unit 1C at 1884 Old Willow Rd in Northfield just came on the market. The 3-bedroom, 2 ½ bath, 2-car garage condo is walking distance from the not terribly walkable downtown Northfield, and has easy access to the Edens Expressway. It is offered for rent at $4,500 a month. The 6-unit Residences of Northfield Center... Read more »
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Rental spotlight - Winnetka coach house for $1,000

The room dimensions are, as real estate agents often phrase it, “cozy.” The bedroom measures 10′ x 8′, the living room 12′ x 14′, and the kitchen 6′ x 8′. The compact size of the 1-bedroom coach house at 181 Sheridan Rd in Winnetka might easily be outweighed by the steps-to-lakefront location, the beautifully landscaped... Read more »

Is this Evanston condo rental a bargain or a booby trap?

The rent is just $1,000 a month for the just-listed 3-bedroom, 2 ½ bath condo in a 6-flat at 820 Dobson in southeast Evanston. According to the listing copy, Unit 3E has all the bells and whistles: central air, hardwood floors, granite countertops, stainless steel appliances, in-unit washer / dryer and fireplace. Parking is included... Read more »

Wilmette 4-bedroom under $2K a month

A 4-bedroom, 2-bath ranch home at 537 Romona Rd in Wilmette is being offered for rent at $1,900 a month. That’s an unusually low price for a 4-bedroom home in Wilmette. It’s also available for purchase for $399,000. The home, which last sold for $459,000 in 2004, is on a 63 x 132 lot almost... Read more »
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North Shore home rental pace slows, inventory increases

The number of MLS-listed rentals in Chicago’s North Shore suburbs increased by 9% during the past week, to 274 homes and condos. Forty new listings came on and remain on the market during that period, while the absorption rate slowed. Our rental pick this week is a two-bedroom, 1 ½ bath townhome with a full... Read more »