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Chicago Real Estate Blog

Invest in a condo

According to the National Association of Realtors, approximately 5,250,000 existing homes were sold in 2015, but not everyone looking to buy a home actually purchased a house. That's because condos -- especially luxury condos in hip urban locales like Chicago, New York City, and San Francisco -- are one of the most popular types of housing today.

If you're on the fence about whether or not to invest in a condo, here are a few of the many benefits to consider when looking at luxury condos for sale.

condos

No Outdoor Maintenance

If you're not the kind of person who wants a yard and the maintenance that comes with it, a condo might be best choice for your lifestyle. If there's outdoor landscaping, it's taken care of by staff on the premises. The

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luxury condosTerri McAuley is a top-rated, award-winning Realtor with an instinct for closing luxury real estate in Chicago. She was recently named one of the Windy City's Top 1% Producers by the Chicago Association of Realtors, putting her in elite company. And in 2016, Terri McAuley helped launch We Know Chicago Real Estate into another fantastic year for both home buyers and sellers. In the past year alone, she closed more than $23 million in real estate and has had multiple seven-figure closings. Some of her accomplishments in 2016 include closing luxury condos in exclusive buildings such as:

  • The Fordham, 25 E Superior St: Closed #1701 for more than $1.15 million
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  • The Montgomery, 500 W Superior St: Closed #2305 for more than $2.27 million
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  • 1152 W
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condos for saleWhile you may not find many private backyards and white picket fences in downtown Chicago, there are still many places for residents to call home.

While apartment living is popular among city dwellers everywhere, there is no need to sacrifice dreams of homeownership once you've moved downtown. Condos are like a hybrid between apartments and single family homes, and for anyone looking to settle down, they're great options for a number of reasons. Most importantly, owning condominiums in a major city like Chicago provides a number of financial benefits, whereas apartment rent simply gets flushed out of your bank account each month. But that's not the only benefit that comes from owning condos in Chicago.

  1. Amenities and Perks
    Many enjoy apartment complex
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A potential homebuyer will have dozens of questions, concerns and desires. As they begin the house hunting process, they likely understand that it will be necessary to compromise on certain features or amenities. But for someone who’s buying a luxury home, their priorities may skew differently.

These people really want to be wowed. If they aren’t, what’s the point? As a luxury real estate agent, you’re bound to run into a lot of obstacles meeting all the client’s demands. Finding the perfect home for someone who has it all -- or who wants it all -- can prove to be a daunting task.

So what does the luxury home buyer really want?

The right price

Sure, these people are wealthy, but that doesn’t mean that they don’t love a good deal. They will ask

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500 W Superior Street

One of the crown jewels of the River North, The Montgomery was designed by the same architect behind the World Trade Center, Minoru Yamasaki. Built in 1972 at at 500 W Superior Street, the building once served as the Montgomery Ward headquarters. After a restoration, the building was converted into Chicago condos for sale in 2004.

At 26 stories, The Montgomery features expansive views of the River North and the Chicago skyline. Built in gorgeous blue glass and white travertine, the curtain wall building is simply elegant, which reflects the lifestyles of its residents.

Beauty, privacy, and convenience are the pillars of living at 500 W Superior Street, an urban retreat among the bustling cityscape below. Two and three bedroom units are usually

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Home Staging Tips

When you want to make a good first impression, looks matter—and when it comes to showing your home, you want to wow everyone that comes through the entry. In order to do so, there are a few tips and tricks that real estate agents suggest to make homes look more welcoming.

Nearly all REALTORs report that their buyers are influenced by home staging. Staging a property can help create a more inviting space without spending a ton of money on renovations. In fact, the median cost to stage a home is just $675. With that in mind, here are some tips to really boost your property's appeal:

1. Make sure that your home is spotless.

This should be your first priority when showing your home. There should be no clutter on any tables or counter tops, and no

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While Chicago’s West Loop has seen incredible growth since coming out of the recession, it’s actually a part of town that’s been on the rise for many years. Most of the fabulous loft conversions you see all over this trendy part of Chicago first started to transform the West Loop back in the mid- to late ‘90s, and it’s been on a fairly steady upswing ever since. But since 2008, however, development all throughout the West Loop has been rigorous, and now many consider it to not only be Chicago’s hottest neighborhood since the recession, but also one of the most sought-after locations for home buyers and renters to consider for the foreseeable future as well. 

So what exactly is contributing to the latest development boom we’re seeing in the West

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Depending on current market conditions and the demand for luxury condos in Chicago, it’s not often we see a skyline-changing building hit the market. But given the Chicago real estate market seems to be better than ever and the inventory of new condos is seriously lacking right now, the hype surrounding Vista Tower Chicago condos for sale is certainly understandable.

Designed by renowned architect Jeanne Gang, the Vista Tower building has now officially hit the market and as many of us are just now getting our first real glimpse of what these lavish new condos will look like once completed, it’s safe to say Vista Tower Chicago may be one of the city’s most highly-anticipated condo buildings since Trump Tower started construction back before the

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Prairie Court Chicago Townhouses For Sale

Welcome to Prairie Court—Chicago’s hottest new luxury townhouse community in the South Loop. Impressive to say the least, Prairie Court features some of the most lavish new construction townhomes you’ll find anywhere in the city, with each unit boasting ample living space and chic contemporary finishes that won’t leave any potential buyer disappointed.

Roomy, light-filled layouts provide ample living space on the inside, while each townhouse residence at Prairie Court also includes a two-car garage and even some private outdoor space as well that makes living here that much more enjoyable.

Several different floor plans are available at Prairie Court which include between 3 and 4 bedrooms and anywhere from 2,432 and 3,290 square feet of living space.

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Chicago Neighborhood Guide

You don’t need us to tell you that Chicago is a big place. With nearly 80 individually defined neighborhoods and many more sub-neighborhoods within those communities, navigating the Chicago real estate market can be challenging if you don’t know where to look.

While it’s hard to cover the entire city, our coverage area does include many of the Windy City’s best and most highly sought after locations, including just about every downtown neighborhood. From the brownstones of the fabulous Gold Coast neighborhood to the shiny new high-rises popping up all over the South Loop, if you’re looking for a new home or condo somewhere in downtown Chicago, we have you covered. And now, seeking out listings in certain areas is now easier than ever in our new Chicago

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