Chicago Real Estate Blog - June, 2019

The 3 Most Luxurious Condo Hotel Buildings in Chicago

Looking for a luxury condo-hotel building in Chicago for your next investment property? Look no further than these amazing locations. 

Vista Tower

Standing 101 stories high, the new Vista Tower truly rises to new heights of luxury over Chicago. Under construction right now, the ultra-luxury condo and hotel building promises such high-end inclusions as an outdoor pool deck, wine tasting room, theater and private dining suite. It will also provide for a residents’ lounge and some incredible views overlooking the city.

Trump Tower

Trump Tower, in comparison, is filled with an array of luxurious features, itself. The hotel and condo tower provides for incredible views overlooking the river, the lake and the skyline, along with a spa, heated…

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Where to Buy a Co-Op Apartment in Chicago's Gold Coast

Looking for a classic downtown living experience in Chicago? Check out our short list of places to buy a co-op apartment in the Gold Coast neighborhood. 

70 E. Cedar 

For a vintage co-op apartment building in the Gold Coast, consider the units of 70 E Cedar. The pet-friendly building dates back to the 1920s, with a range of different floor plans currently on the market.  

1242 N. Lake Shore

More options for a co-op apartment sit within 1242 N Lake Shore. The elegant building allows for such desirable additions as a wood-burning fireplace, en-suite baths and plenty of updates.

40 W. Schiller

Located at 40 W Schiller, prospective new residents are treated to a charming co-op filled with upscale additions. The property also dates back to…

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Where to Buy on Chicago’s North Side for Under $300,000

Looking for an affordable condo on Chicago's north side? Start your search in these amazing neighborhoods...

Rogers Park

Found on the city’s Far North Side, Rogers Park is known for being one of the most diverse neighborhoods in Chicago. Its location makes it possible to easily find a two-bedroom, or sometimes even a three-bedroom condo for under $300,000. Area residents also enjoy easy access to the lakefront, with nearly a dozen beaches and plenty of green space.

Edgewater

Also located on the lakefront, Edgewater sits just north of popular Lincoln Park. You’ll find a number of high-rise apartments, condos and even some single-family homes in the neighborhood. With a budget of $300,000, you should have plenty of options in one- and…

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Is a Condo Hotel in Chicago a Smart Investment?

The added amenities are certainly enticing, as is the promise of monthly income. But is a condo hotel really a smart investment? It turns out there are both pros and cons to consider.

If you’re hoping for the opportunity to make money off your investment, it’s likely easier to get the best price with a condo hotel. Booking software makes it simple for a room to go up or down in price depending on demand. That’s something you likely won’t have access to with a traditional condo.

You will, however, have to consider the revenue split you have to honor with the hotel operator. It can vary greatly. You’ll also want to consider the hotel brand. 

A brand boasting a higher premium likely translates to a higher daily rate and a stronger occupancy rate.…

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Does NEMA Chicago Offer the Best Amenities of Any Downtown Apartment Tower?

Rising high above Grant Park, the new NEMA Chicago offers, perhaps, the best amenities of any of the city’s apartment towers. The building allows for a massive amount of amenity space that you simply won’t find with other properties.

In fact, NEMA boasts 70,000 square feet of amenities, including a large outdoor deck with a sun pool, spa pools and lounge space. You’ll also find room for grills, refrigerators and TVs in the private entertaining areas of NEMA.

Additional options extend from the building’s Urban Lounge with both indoor and outdoor space to the Central Station-themed sports bar. As well, you’ll also find a demonstration kitchen, an indoor lap pool, steam rooms, saunas and locker rooms. 

Not to be overlooked either is the…

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Is Park Tower Chicago’s Most Ideally Located Condo-Hotel Tower?

With a premiere location just off Chicago’s famed Magnificent Mile, Park Tower may just hold the distinction of being the most ideally located condo-hotel tower in the city. As one of Chicago’s tallest buildings, the lower section of the building houses retailers, a hotel, and the renowned NoMi, while the upper floors of Park Tower make room for luxury condos.

The exceptional address not only allows for some exceptional views overlooking Michigan Avenue and the lake, but also a location that easily allows for prime access to some of the city’s most exceptional sites and attractions. Park Tower is conveniently tucked away between a number of impressive shops, bistros and galleries. 

While high-end amenities sit within the building itself, the…

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3 Reasons You Should Buy a Condo at Renelle on the River in Chicago

For a fantastic location and enviable amenities, consider buying a condo at Renelle on the River in Chicago. In fact, those are just two of the top three reasons buyers are drawn to the property.

The Riverfront Location

The building sits right on the Chicago River, not only allowing for some incredible views but also providing easy access to an array of nearby options. Just a short stroll from Michigan Avenue, the building makes it easy to enjoy shopping, dining and entertainment.

The Luxury Amenities 

The amenities are also certainly impressive. The property includes a rooftop lounge, a fitness center with a yoga room, an outdoor dog run and a private screening room. You’ll also find indoor and outdoor kitchens plus an outdoor terrace.

The…

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