Orlando Real Estate Club

Things To Remember When Buying A Condo

Stephen — Tue, 25 Sep 2007 18:05:30 +0000

It seems everybody is looking to live in a condominium in Chicago. Developers are building them in droves and people are coming back from the suburbs to enjoy the city.

However, condo living comes with responsibilities and headaches that many people who have lived in their own home have never experienced.

The idea of condos is combined responsibility for building costs. You will be responsible to pay for your share of trash service, the doorman’s salary, a fresh coat of paint, and repairs to the roof.

However, what you may not be prepared for is expensive renovations that many in the building may consider unnecessary. That new carpet in the hallway may push up your assessment by a lot more than you think.

Living in a condo also comes with certain limitations. You can’t own whatever pet you want, can’t have parties at any time of night, and smokers are often left outside to light up.

It is important to carefully read the condominium declaration and bylaws that state each rule for residents and guests.

Living in a condo can be a great experience, but one that some people may find too many restrictions. Reading the declaration and bylaws is just as important as finding the right price when looking for a New Chicago Condo.

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New High-rise Condo Development Planned For Downtown Chicago

Stephen — Wed, 29 Aug 2007 16:03:31 +0000

Downtown Chicago continues to see new development of condominiums and lofts in a real estate market that has many investors spooked.

Downtown Chicago seems to be holding strong as condo vacancy rates remain low and sales prices are steady. According to the Chicago Association of Realtors, the downtown Chicago condo market has seen almost no change over 2006 prices.

The average sales price for a condo in the Chicago Loop during the second quarter of 2007 was $363,256, down under 1 percent from the same period during 2006.

The newest condo development announced for downtown Chicago is for a 31-story high-rise that will offer 280 luxury condos.

The West Loop property is located next to the Main Post Office on 519 S. Clinton.

The development, spearheaded by George Bonomo, is currently under review by neighborhood officials.

Downtown Chicago Condo development continues at a frenetic pace, with many luxury developments going up all over downtown. The Chicago Spire, The Trump International Tower, and the Mandarin Oriental are all offering luxury units in mixed-use space.

These towers also promise to change the face of the Chicago skyline. Keep up with the latest Chicago, IL Real Estate Report and stay on top of the market.

Technorati Tags: Chicago Preconstruction Condos, Chicago Real Estate News, New Chicago Developments

Eco-Friendly Preconstruction Condos In Lincoln Square

Stephen — Sat, 25 Aug 2007 00:51:42 +0000

Buyers around Chicago are looking for new condominiums that offer green construction and energy saving technologies. The Fountain View Lincoln Square is a new condo development planned for Lincoln Avenue and Giddings Plaza that will offer energy efficient condominiums.

The building is LEED registered. LEED, or Leadership in Energy and Environmental Design, certifies properties around the country that have proven to save energy, use green construction materials, save water, and care for both the internal and external environment.

The Fountain View Lincoln Square offers preconstruction prices on 18 two and three bedroom condominiums in the heart of Lincoln Square. Prices start at under $500,000. The Fountain View is currently the only LEED certified green building in Lincoln Square.

Lincoln Square is one of the hottest neighborhoods in the city. According to the Chicago Association of Realtors, the number of homes sold in the neighborhood rose 6% in the second quarter over 2006 numbers. The average sales price for condominiums has also increased by 17% over last year.

Residents of Lincoln Park have easy access to downtown Chicago via public transportation as well as many other neighborhoods around the city. The neighborhood is home to many of the best restaurants and shops in Chicago.

Technorati Tags: Lincoln Square Condominiums, Fountain View Lincoln Square, Green Condominiums Chicago, Chicago Real Estate

Luxury Condominiums In Bucktown

Stephen — Thu, 23 Aug 2007 05:07:58 +0000

Bucktown continues to be one of the hottest neighborhoods in the city, attracting many young professionals and families to the area because of the affordable prices and amenities. The neighborhood is just west of Lincoln Park and is a short trip from downtown Chicago via public transportation and the expressway.

One condominium development that offers luxury units on the Chicago real estate market is located at 1720 N. Marshfield. This condo building has two bedroom and two bath units for just under $500,000. Units have open floor plans allowing for innovative decoration and loft type living. There is a rooftop deck with excellent views of downtown Chicago and surrounding neighborhoods.

The neighborhood is right on the border between Bucktown and Lincoln Park across the river. There are many great new restaurants, shops, and nightlife that have come to the area. There is also quick access to the parks on Lake Michigan, giving residents plenty of room to get out and enjoy the views of downtown and the lake while walking or biking along the many trails in the area.

Bucktown offers many luxury condos and lofts for sale on the Chicago real estate market. There are many opportunities for great deals on luxury Chicago Illinois Real Estate for every budget.

Technorati Tags: Bucktown Lofts, Chicago Condos, Chicago Real Estate, Chicago Homes For Sale

Lakeview Luxury Condos In Heart Of Southport

Stephen — Wed, 22 Aug 2007 05:26:49 +0000

Lakeview was once a working class neighborhood that has now attracted young professionals and well-heeled families from all over Illinois. This Chicago neighborhood is home to some of the best architecture in the city. As more residents have come to Lakeview, many developers have restored the old historic buildings to their former glory and brought beauty and charm to this great Chicago neighborhood.

One of the newest condos to be listed on the Chicago real estate market in Lakeview can be found at 3726 North Greenview Avenue. This historic home offers a luxurious two bedroom and two bath condominium for just under $500,000. The buyer will love the large chef’s kitchen with excellent granite countertops and top of the line fixtures throughout. The bathroom features a Jacuzzi and separate shower. There is ample private outdoor space for enjoying a warm summer evening.

This 1,600 square foot condominium is an excellent choice for professionals looking to live in this trendy Chicago neighborhood. There are plenty of connections to downtown via the El and Metra systems. There are also easy connections to other parts of Chicago. The building is just a few blocks from Wrigley Field and the incredible nightlife that is changing Wrigleyville.

Lakeview offers many of the best Chicago Illinois Homes for Sale. There are also many other condos, lofts, and townhouses for sale in neighborhoods throughout Chicago for every budget.

Technorati Tags: Chicago Real Estate, Chicago Condos, Lakeview Luxury condominium

Chicago Townhouses For Sale In North Center

Stephen — Fri, 17 Aug 2007 22:49:54 +0000

North Center has often been referred to as one of the best kept secrets of Chicago real estate. The neighborhood is home to some of the best amenities in the city but has not seen the same increases in price that neighborhoods such as Bucktown and Lincoln Park have seen. There are many opportunities for young families and single professionals looking to move into one of the most pleasant and convenient neighborhoods in Chicago.

One of the newest developments on the Chicago real estate market in North Center is located at 3959 N. Hermitage. These townhouses offer three bedroom and two bath units that give residents the feel of living in a single family home just minutes from the heart of Chicago. Amenities in this development include a gas fireplace, private outdoor space, laundry room, and excellent fixtures throughout the property.

North Center has many great shops, restaurants, and other businesses that allow residents to enjoy a night out or run errands without ever leaving the neighborhood. Commuters will love the quick access to downtown Chicago and other parts of the city via public transportation. Lake Michigan, Wrigley Field, and city parks are within just a few blocks of home.

Find the best deals on Chicago Real Estate in North Center and in other neighborhoods around Chicago. There are many townhouses, condos, and lofts available on the Chicago real estate market today.

Technorati Tags: Chicago Real Estate, Luxury Townhouse Chicago, North Center Real Estate

Luxury Townhomes In The Heart Of Lincoln Park

Stephen — Fri, 17 Aug 2007 00:23:43 +0000

A new development of townhomes in the heart of Lincoln Park promises to bring some of the best luxury living to this popular Chicago neighborhood. Developers are nearing completion of thirty one new townhomes set in a pleasant neighborhood that feels like a world away from the frenetic pace of Chicago. They are located at 4949 N. Lincoln Avenue.

Each luxury townhome includes stainless steel appliances, separate shower and bath, quality hardwood floors, and indoor parking for two cars. There is also large outdoor space available for each townhome. The luxurious penthouses units are sold for just under $500,000 and offer incredible views and space for modern living in the heart of this incredible part of Chicago.

Commuters will love the easy access to downtown Chicago via Metra and bus connections as well as nearby expressways that get residents to other parts of Chicago and the rest of Illinois. There are many restaurants, shops, and options for a night on the town within a few blocks of home in this vibrant neighborhood. The Lake Michigan shoreline is just minutes away, providing hiking trails, bike paths, and incredible views of downtown Chicago.

You can find some of the best Chicago Illinois Real Estate in Lincoln Park. There are many luxury condos, townhomes, and lofts currently on the Chicago real estate market in Lincoln Park and other neighborhoods around the city.

Technorati Tags: Lincoln Park Luxury Townhomes, New Chicago Real Estate, Chicago Luxury Condos For Sale

Luxury Condo With Spectacular Views Of Chicago At River North

Stephen — Wed, 15 Aug 2007 05:06:07 +0000

River North is one of the most popular neighborhoods in Chicago for many reasons. This once downtrodden section of Chicago is going through major renovations and new luxury condo and loft developments are bringing residents and businesses to the area. River North is also just blocks from the Gold Coast and downtown Chicago, making it one of the most convenient neighborhoods in all of Chicago.

There are many different lofts and condos for sale in River North. One of the newest condos to come on the market is located at 500 West Superior Street. Known as The Montgomery, this luxury building offers two bedroom and two bathroom condos at just under $500,000. Each condo has incredible views of the downtown Chicago skyline, parks, Lake Michigan, and other neighborhoods around the city.

Amenities in the building include stainless steel appliances in the kitchen, separate tub and shower in the bathroom, and an attention to detail throughout the apartment that can’t be found in other similar developments. There are many businesses in the area that make the area convenient for shopping and going out on the town at night.

Chicago is one of the most vibrant cities in the world. There are new condos and lofts coming on the real estate every day. Keep up with the latest Chicago Real Estate News and find the home of your dreams today.

Technorati Tags: The Montgomery condos, Luxury Chicago Condos, River North Real Estate

Chicago Lofts Mark National Trend

Stephen — Mon, 13 Aug 2007 23:46:30 +0000

Every developer who is trying to explain their newest loft development in cities around the country will invariably mention that their lofts are like a Chicago or New York loft space. Chicago has led the recent craze towards open spaces in new developments with some of the most original loft developments in the country.

Neighborhoods all over Chicago have some of the best ingredients for loft developments. There are many old factories that once lay dormant in neighborhoods close to downtown. As more people looked to Chicago to live and work, developers began to take this cheap real estate and turn the space into innovative and comfortable lofts.

Movies have often showed the lifestyle of the young and hip star living in this incredibly open space with huge windows in a downtown Chicago neighborhood. People began to realize that there were other options to the cramped apartment or small home in the suburbs.

Lofts are here to stay on the Chicago real estate market. They are coming in different shapes and sizes, from modern to historic renovations. Lofts offer the best of urban living in Chicago and other cities that try to copy our incredible architecture and design. Lofts are an excellent choice for young professionals and families looking to enjoy an urban experience. Find a Unique Chicago Home in one of many converted lofts and condos throughout the downtown Chicago area.

Technorati Tags: Chicago Loft conversions, Downtown Luxury Lofts, Chicago Real Estate, New Chicago Loft

North Chicago Offers Incredible Amenities

Stephen — Sat, 11 Aug 2007 18:08:43 +0000

Buyers looking for Chicago real estate often focus on the neighborhoods north of downtown Chicago. With many of the best sights of Chicago within just minutes, the area around DePaul University and Old Town Chicago is one of the hottest real estate markets in all of Chicago. The area boasts incredible parks, great nightlife, and easy access to downtown Chicago via public transportation links.

One of the newest properties to come on the Chicago condo market is found at 1714 N. Hudson Ave. Located just a couple of blocks from Lake Michigan parks and DePaul University, this condo is an excellent choice for investors and families looking for a prime location in Chicago. This 2,300 square foot condo features two bedrooms and two bathrooms starting at $500,000.

Amenities include a Jacuzzi in the bathroom, roof deck with incredible views of downtown Chicago and the surrounding city, and extra storage space. This historic building is located in the Old Town section of north Chicago, close to many restaurants, shops, and great nightlife. Metra is just a few minutes walk from the property.

There are many Chicago Condos for sale on the real estate market in neighborhoods throughout Chicago. Prices range from the mid $100s in neighborhoods further away from downtown Chicago to over $500,000 for the most sought out areas.

Technorati Tags: Old Town Chicago Condos, Chicago Real Estate Market, Chicago Condominiums