May 2020

There are 10 blog entries for May 2020.

Commercial Real Estate InvestingCommercial real estate has proven to be a very profitable venture for any investor. It's a massive market in the United States yielding over $8.5 Billion in commercial property sales each year! Many of the wealthiest real estate investors own commercial properties and are always active within the market. Within this article, we'll take a look at a few of the key factors to consider when buying a commercial property.

  • Take Your Time: The first tip sounds overly simple, however, its a critical thing to remember when making such a huge financial decision. It's easy to get caught up in the excitement of the purchase and potential income. When viewing properties, make sure you take your time, obtain trusted feedback, and complete your financial due
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Where to Find the Best Burgers in Downtown ChicagoWho doesn't love a good cheeseburger, right? Well, as one of America's best food cities, there's certainly no shortage of great places to find a good burger. But if you're really looking for something that will knock your socks off, take a closer look where you'll find some of the best burgers downtown Chicago has to offer...

M Burger - Water Tower Place

If you like a classic burger that’s simplistic and has regular toppings, M Burger is the perfect spot for a quick meal on-the-go. The menu is small but that’s also what makes an M Burger appealing. Nothing unconventional here - just a regular old hamburger or cheeseburger with all kinds of mouthwatering flavor.

Au Cheval - West Loop

By now, it’s been well-documented that Au Cheval is one of

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Dowtown Chicago Health ClubsWhether you're already into fitness or just getting into it for the first time, Downtown Chicago isn't short on fancy health clubs with all the bells and whistles. From state-of-the-art equipment and experienced personal trainers to spa-inspired extras like eucalyptus-soaked towels and top-of-the-line bath products, many of Chicago's upscale gyms and health clubs provide more than just a place to burn off a few calories.

So if you're new to the city or perhaps just looking for a change of scenery, here's our updated short list of Downtown Chicago's best health and fitness clubs...

East Bank Club - River North

Arguably Downtown Chicago’s most prestigious health club, the one-and-only East Bank Club covers over 2 city blocks and includes over

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Despite shutdowns due to the coronavirus and job losses, mortgage applications to purchase a home are on the rise. That could mean buyers are headed back to the housing market faster than expected.

According to recently released data from the Mortgage Bankers Association, mortgage applications to purchase a home rose six-percent last week over the previous week. While purchase volume was down 35-percent annually six weeks ago, recent figures reflect purchase volume is now down just 1.5-percent over a year ago.

Reports suggest buyers are being lured to the single-family home market, in part, by extremely low mortgage rates. It’s also said that the pandemic is causing some people to rethink their desire to live in an urban setting, and instead pursue a

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2-bedroom condos in River North Uner $350,000River North is truly one of the hottest places to live in downtown Chicago right now. Defined by luxury shopping, award-winning restaurants, and a trendy nightlife scene, there's hardly a more lively place to call home than downtown's River North neighborhood. But as you might expect, condos for sale in River North can also be on the higher side of the market, especially in ultra-luxe condo towers like Trump Tower, Waldorf Astoria, and 9 W. Walton. However, if you're on a bit tighter of a budget and know where to start your search, every now and then buyers will find an amazing opportunity to own more of a spacious River North condo for a price that won't break the bank. But if you're interested, you better hurry, because affordable, two-bedroom condos in

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Chicago home prices are on the rise, and the coronavirus may be responsible for at least some of the blame. Thanks to a tight housing supply and more showings, agents are seeing some properties receive multiple offers.

According to recently released real estate data, the median home price in Chicago is up nearly three percent from the same time last year. Fewer homes on the market are boosting demand.

While more than 1,300 new listings hit the market in early March, that number was cut in half by late March to mid-April. By the time early May rolled around, there were only about 2,700 single-family houses on the market. That’s the lowest number we’ve seen in more than 13 years.

At the same time, fewer properties have gone into contract. In early March,

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Chicago Commercial Real Estate Commercial real estate has a storied history of being a solid investment during all kinds of economic climates. Both domestic and international investors are always looking in the U.S. for viable spaces to invest capital in. In recent years the commercial real estate market has topped $425 billion annually. Commercial investment also offers a number of ownership benefits, including; stability, portfolio diversity, cash flow, and appreciation. Read below for a closer look at some of the top reasons why investing in commercial real estate is increasingly attracting a broader investor base to the sector.

Return on Investment: Commercial real estate returns are very attractive compared to; stocks, bonds, other commodities such as gold, or even other real

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A List of Downtown Chicago Farmers MarketsAfter another long, cold, and dark winter in Chicago, the weather outside is [finally] starting to heat up, which can only mean one thing: farmer’s market season in Chicago is upon us! Whether you've lived in Chicago for years or are planning a move here this summer, there's nothing better than waking up and  taking a stroll through any of the city's neighborhood farmers markets. The colors, the sounds, the smells, and the people all make for a festive setting and there's no better way to support local farmers and artisans than buying some of the amazing goods you'll find on sale.

Starting later this month, roughly 150 farmer’s markets will be coming to Chicago and its suburbs, bringing locals a vast selection of their favorite fruits, veggies, and

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Downtown Chicago Apartment Buildings Near Dog ParkIf you're a dog owner looking for a new apartment somewhere in the Downtown Chicago area, chances are living near a dog park is high up on your list of priorities. So, to help get your search started off in the right direction, we've started a running list of Chicago's top luxury apartment buildings near a downtown dog park.

NEMA

At 76-stories high, NEMA rises high above the South Loop with some fantastic views overlooking the lake, downtown and Grant Park. The building is conveniently positioned near Grant Bark Park; an off-leash park that’s fully fenced and even offers a doggy drinking fountain.

73 E. Lake

Just steps away from Michigan Avenue, 73 E Lake offers luxury apartments complemented by such amenities as an outdoor deck, theater, pet

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March brought about challenging circumstances for many industries in the United States. The housing market was certainly no exception with homes priced at a $1 million and up seeing an immediate drop in inventory. 

According to recent data summarized by World Property Journal, the new supply of homes for sale priced over $1 million fell 29 points from last March-April. On March 15th, a total of 66,528 homes were listed for sale priced at $1 million or above across the 50 largest U.S. metro areas. Three weeks later around 10K more homes were listed for sale while 10,708 were taken off the market, resulting in a 1% decrease in the total supply.

Although the drop may not seem significant, it's a drastic change but compared to the previous year where

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