Public Transportation Can Add Value To Your Chicago CondoPosted by Helaine Cohen on
Did you know that public transportation can actually add to the value of your Chicago condo? It’s true. As more and more cities around the country expand their mass transportation offerings, more and more home buyers have come to rely on public transportation to get to and from work, or simply to get around the city where they live. Nowhere is this truer than in Chicago, where on an average weekday, 1.6 million rides are taken on CTA. In fact, it’s the nation’s second largest public transportation system. Studies show that Chicago condos that are located in close proximity to public transportation and mass transit actually have higher values.
California State University at Fullerton recently conducted a survey of 41 studies of 15 rail systems in the U.S.…
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