Found 30 blog entries tagged as Chicago condos.

Chicago Real Estate Market

As we look at how the Chicago real estate market is faring through the 2nd Quarter of 2015, there’s lots of positive things to be excited about as we approach the halfway point for the year. In the 9 county Chicagoland area, the median price back in March was $204,000—up roughly 16.6% from $1750,000 in March 2014. Furthermore, in just Chicago, the median home price in March was set at $263,079—up nearly 12% from $235,000 in March 2014.

Luxury home sales are also on the rise around Chicago, which are classified as homes sold for $1 million or more. According to some statistics, 18% more luxury units were sold in Chicago over the 2nd Quarter this year from 2014, while increases all over the Chicagoland area were recorded as well.

Historically low interest…

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The Chicago real estate market is thriving and condos are currently coming on and then flying off the market, but that doesn’t mean you shouldn’t put yourself in the best possible position to succeed. Utilizing the services of a real estate professional can go a long way toward achieving this goal.

-       Knowing the ins and outs. Real estate professionals possess the experience and education necessary to assist you in the best manner possible. The average, every day condo seller does not possess the complete knowledge of the real estate transaction and using a professional will ensure you’re getting the best return possible on your venture.

-       Familiarity with the neighborhood. Real estate professionals have completely mastered the areas in…

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The Chicagoland area has seen its real estate market change significantly in recent years. Rising prices, increasing demand and an abundance of Chicago condos coming on the market have led to an incredibly active market.

The economy has been on the rebound, along with the local real estate market, for some time now. The technology industry and startup atmosphere in Chicago have brought a number of high-profile companies to the region to set up shop and hire en masse. This trend has benefited the local real estate market as more renters are quickly turning into buyers.

Although it may have taken a while, more Chicago renters are starting to realize that it may actually be cheaper in the long-run to buy in this market. Rents are skyrocketing not just…

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The CArlyle at 1040 North Lake Shore Drive Condos for saleOne of the most luxurious, gorgeous condo buildings in all of Chicago, the Gold Coast’s Carlyle offers a wide range of beautiful condos for sale, complete with the latest in features and amenities.

Located at 1040 North Lake Shore Drive in the 60611 zip code, The Carlyle is just across from the Oak Street Beach and only a short walk from Magnificent Mile where all of the high-end shopping is done in Chicago.

And what about the amenities? The Carlyle boasts an indoor pool, bike storage, state of the art exercise room, ballroom for entertaining, two large sun decks, kitchen, staff doormen for any and all of your needs and more.

The Gold Coast neighborhood is one of the trendiest rising neighborhoods in all of Chicago and with The Carlyle’s…

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The Whitney Condos 1301 DearbornIt’s all about name recognition when it comes to Chicago real estate. “The Hancock,” “The Trump,” and in the Gold Coast: “The Whitney.”

Located at 1301 North Dearborn in the fashionable Gold Coast section of downtown Chicago, The Whitney may not have the storied history of the John Hancock Building or the Trump Tower, as it has only been around since 1997, but it equals the aforementioned buildings in beautiful condos for sale.

Sixteen stories high, The Whitney is filled with attractive condo units for sale that come with a number of features, including on site doorman, engineer and maintenance person, as well as a gorgeous brick exterior.

With close proximity to the 22, 36 and 70 buses, The Whitney is centrally located and provides easy to…

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With its excellent location and burgeoning commercial and residential scene, the South Loop is becoming a much sought after commodity for condo shoppers in Chicago.

The Chicago Tribune recently highlighted one couple’s transition from renters in River North to condo buyers in the South Loop.

"Here, there are lots of parents with strollers and people walking dogs," Bethany Van Solkema, who, along with her husband Alden, landed on a 13th floor condo in the area, told the news source. "River North was great, but it had more tourists and single people. We wanted to buy in a neighborhood where we can stay after we start our family." In addition to living in a historic area that carries with it a friendly, family atmosphere, the Van Solkemas, along with…

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Looking for a fruitful and exciting condo experience in Chicago that is just a bit different from all the rest? Consider the Ambassador Condos, located in Chicago's Gold Coast.

Located on 1300 North State Parkway at Goethe Street, the Ambassador Condos sit in the Beaux Arts building, which was once the world renowned luxurious Ambassador Hotel. It's since been redone to make it a much sought-after destination for condo buyers in the Windy City. In fact, the building was once granted landmark status due to its symbol as an architectural icon of the Midwest. 

The Ambassador Chicago represents everything that a city dweller needs or desires in their urban condo. Complete with 24-hour doorman service, fitness center, storage area, owner lounge and…

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Chicago home and condo price trendsThe national housing market is still working its way toward a full recovery and Chicago is representing the Midwest as one of the most impressive metro areas in the United States as far as home prices are concerned.

The S&P/Case-Shiller home price index for July found that Chicago actually led the entire nation in monthly gains in home prices, with a 3.2 percent increase. Taking a closer look at condo data, prices for condos in Chicago climbed 3.9 percent on a month-over-month basis and were up 14 percent when compared to July last year.

Although at face value it may seem like rising home prices is a negative for prospective home and condo buyers, the opposite is true. Back when the housing market was near its lowest of lows following the recession,…

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Downtown Chicago's Trump TowerKnown around the world as a symbol of American capitalism, success and growth, Donald Trump doesn’t put his name on just any building, which is why living in Chicago’s Trump Tower is a much sought-after prospect for not only Chicagoans but individuals and families around the world who are looking to make the Windy City their next home.

Coming at 1,398 feet tall and good for the 12th largest skyscraper in the world complete with 92 stories and 2.6 million square feet of space, the Trump Tower at 401 North Wabash was originally designed by the prestigious architecture firm Skidmore, Owings, and Merrill LLP and is home to hotel rooms and condo residences, alike. In fact, the tower houses 339 hotel rooms to 486 condo spaces, making it just a good a place to…

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Chicago condos for sale An icon of Chicago architecture and a gem of the downtown area, the John Hancock Center at 175 East Delaware is home to condos for sale, which should be the destination point of any Chicagoan looking for a high profile residence in the heart of the city.

A symbol of Midwestern power and strength, the John Hancock Center is 100 stories consisting of black steel and glass, with the center’s condo development beginning when it was built in 1970 and currently existing between floors 44 and 92. In total, 703 condos are available in the John Hancock Center with a mix of studio and one to four bedroom units for the taking.

Located at 175 East Delaware Place, a private entrance to the condos includes an elevator ride up the 44th floor lobby where the view is…

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