West Loop

Financing options for some new Chicago condos improving

October 5, 2009

Crain’s Chicago Business is reporting that some new condo developments in areas including River North, Lincoln Park, and the West Loop are offering low interest, low down payment financing to spur sales. Tightened financing for new condo developments has been holding back sales so the banks that financed the developers are now offering attractive financing Click to continue...

Regional Economic Forecast 2009 Highlights 3 of 3

January 20, 2009

In part 2 of this blog post series I shared Lawrence Yun’s chart showing that the number of existing home sales have dropped back to 1998 levels. Buyers considering a new condo in downtown Chicago need to take a good look at Gail Lissner’s chart which I recreated below. This year 4700 new condos in Click to continue...

Life in Chicago’s High Rises May be Getting Friendlier

June 16, 2008

This morning’s SunTimes.com has a good article on LifeAt.com a new social networking site for high-rise dwellers. The site provides social networking within a building. Four Chicago high rises, 340 on the Park, 565 Quincy, Prairie District Lofts and 600 Lake Shore Drive are on LifeAt.com. Superior 110 will be added soon. Each building’s site Click to continue...

Balcony, Balcony, Where for Art Thou, Balcony?

May 24, 2008

Today I showed 3 bedroom condos in the River North, West Loop, South Loop and Loop. One of my buyers’ “must haves” is an outdoor space such as a balcony. What I’ve noticed in showing numerous condos with balconies is that the location of the balcony is often more important to buyers than the size Click to continue...

The West Loop

January 5, 2007

The other day I started looking for condos in the West Loop for a buyer trying to decide if he wants to live in the city or the west suburbs. He’ll be working in Downers Grove and was concerned about the commute from the city. A friend of mine also works in a nearby area Click to continue...

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