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Home Ownership

The Bloomingdale Trail is Having a Big Impact on Property Values in Chicago

Much is expected of Chicago's Bloomingdale Trail, the city's grand project to transform 2.7-miles of elevated rail line into a network of trails and parks. It's been especially true of real estate surrounding the project. Predictions were real estate values would rise as a result of the Bloomingdale Trail and that's exactly what's happening. The Read more

New Bloomingdale Trail Has West Town Property Values on the Rise

    A rendering of the Bloomingdale Trail in West Town. It is scheduled to be completed next year. There are big things happening in Chicago's West Town. Developers are snatching up land at a quickened pace and real estate agents that serve the area are prepared for property values to increase. What Read more

Check Out The Most Expensive Home in Chicago ‘Quietly Listed’ for $18.75 Million

(Photo courtesy of Curbed Chicago) Exclusive pictures of the most expensive single-family home in Chicago have recently emerged via Curbed Chicago. The huge estate, pictured above, is located in Lincoln Park and has been “quietly listed” for $18.75 million, making it the most expensive home in Chicago. It's expected to hit MLS sometime Read more

Home Prices in Lincoln Park Approaching Peak Levels, A New Study From Corelogic Inc.

Good news for those that bought a home in Chicago's Lincoln Park during the height of the last housing bubble: your home may finally be worth what you paid. That's according to a new study from Corelogic Inc., which showed home prices in the Chicago neighborhood are now just 2.5% off their peaks from 2007. Read more

Study Ranks Chicago as the Most Affordable Housing Market in the Nation

Chicago is the most affordable housing market in the country. That's according to a just-released study from ZipRealty that looked at 30 metro areas and determined home affordability based on a market's median home sales price and median household income. The study found the best real estate bargains in the U.S. are found east of Read more

Chicago Luxury Real Estate Market Sees Big Gains at Start of 2014

It was a strong first two months of the year for the metro Chicago luxury real estate market. A new report revealed the number of homes that sold for at least $1 million in January and February was up 40% from a year earlier. In the seven-county region that makes up metro Chicago, there were Read more

West Loop Better Than New Penthouse – 1045 West Monroe # 4

Flats on Monroe, West Loop’s unique row of walk-up four-flats, presents a great combination of a long-term value and unique style and design. The quality is evident in each detail and finish of these distinctive homes. Designed and executed to exceed client’s expectations, these homes offer a superb value and investment. The experienced team of Read more

New Home Sales in Chicago’s City Core Continue to Gain Steam

New single-family homes in Chicago have been “selling like hot cakes,” according to a new report from Crain's Chicago Business. The big selling trend began two years ago, but things have continued to pick up steam when it comes to the city's housing market. Single-family home purchases jumped by 50% in Chicago from 2012 to Read more

Confident Chicago Developers Again Building Luxury Homes ‘On Spec’

Building luxury homes “on spec” in Chicago has returned with a vengeance, according to the spring issue of Michigan Avenue Magazine. The trend is the result of developers being more confident these high-end homes will quickly find buyers, and it's' with good reason: demand is booming. One developer, Ken Brinkman of Environs Development, told the Read more