Category Archives: Chicago Condos

East Coast, West Coast, Third Coast: An Interview with Someone Who’s Seen it All

Some Americans settle down easily—They find a city that they love and they stick with it. Others seem to have a bit of wanderlust—They move from place to place often.
Today we interviewed Hanna Perry, a working woman who lived in New York, New York and Portland, Oregon before settling in Chicago last year. We asked Hanna to tell us a bit about how these major metropolises on the coast stacked up to the Windy City.

You grew up in Massachusetts, didn’t you?
Yes, I grew up in western Massachusetts, in the Berkshires. …

Luxury Units Limp Behind Lagging Real Estate Market

According to the Chicago Tribune, new luxury constructions are few and far between these days, but that doesn’t mean that they’re entirely non-existent.
As many Chicagoans already know, construction continues on the much-anticipated Lincoln Park 2520, a luxury high-rise featuring thirty nine residential floors and many more individual units. Construction has also begun on a Ritz-Carlton located along the north side of Michigan Avenue, a new hotel which will include eighty eight long-term residential units.

“The two high-rises share the notable distinction,” the Tribune reports “of being the only sizable Chicago condo buildings that …

Abandoned Buildings Could be Converted into Art Studios and Apartments in Pilsen

WBEZ staffer Micah Maidenberg reports that a Pilsen alderman may convert block of abandoned buildings in his neighborhood into apartment units and studio spaces for artists.
“In June,” Maidenberg writes, “Alderman Danny Solis, who represents the area in Chicago’s City Council, introduced an ordinance that calls for allowing “work-live units” in the buildings, where artists and small-scale producers would be able to collapse their home and professional lives into the same space.”
“It’s an idea he says is tied to the changing nature of Pilsen itself, a historically immigrant neighborhood that once …

Should you Rent or Buy if You’re Gen Y?

An Australian newspaper published an interesting article earlier this month titled “Renting vs. Buying—The Verdict.” In the article four real estate experts—each expert representing a different age group—were asked whether other members of their age group would be better off renting or buying a home. The experts’ answers were certainly very informative. Justine Davies, a Generation Y real estate expert.

Part of Davie’s take on the question can be read here:
“This is a tricky question to answer,” Davies says, “because there are positive and negative aspects to both sides of the equation. Property prices …

Should you Rent or Buy if You’re Gen X?

An Australian newspaper published an interesting article earlier this month titled “Renting vs. Buying—The Verdict.” In the article four real estate experts—each expert representing a different age group—were asked whether other members of their age group would be better off renting or buying a home. The experts’ answers were certainly interesting, and we’ll reprint parts of them here, starting with Bruce Brammall, a Generation X expert.

Part of Brammall’s take on the question can be read here:
“If you decide not to buy, you will rent until you die,” Brammall writes, only partially …

Should you Rent or Buy if You’re a Baby Boomer?

An Australian newspaper published an interesting article earlier this month titled “Renting vs. Buying—The Verdict.” In the article four real estate experts—each expert representing a different age group—were asked whether other members of their age group would be better off renting or buying a home. The experts’ answers were certainly interesting, and we’ll reprint parts of them here, starting with the answers of Mark Bouris, an expert in working with Baby Boomers, and moving on to Bruce Brammall, a Generation X expert, and Justine Davies, a Generation Y real estate expert.

Part of Bouris’ take …

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