Chicago Real Estate News & Neighborhood Notes

2020 Millennial Home BuyersIf you're looking to buy your first home or condo next year, chances are you won't be alone in your quest to transition from renting to owning in 2020.

In fact, millennials are expected to drive the U.S. housing market forward more than ever before with large volumes expected to either purchase their first home or perhaps even relocate from urban areas to the suburbs, according to multiple economic forecasts.

While it seems like we've heard this story before, the millennial home buying movement in 2020 is expected to be fueled by the expectation of mortgage rates remaining low for the duration of the new year. According to a recent market analysis by Transunion, the number of new mortgages that will be extended to first time buyers is projected to

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First-Time Condo Buyer NewsIf you’re planning to buy a home or condo for the first-time in the near future, your credit score is going to play a big role in the process. While there isn’t a uniform algorithm or equation used by lenders and other financial companies, your credit score tends to be similar across the board and is based on a variety of factors.

For now, we won’t take a deep dive into how a credit score is determined. But if you’re somebody that already knows your credit score could use some work, here’s a quick look at several ways to make that happen.

Pay Your Bills on Time

It sounds easy but paying your bills on time will have a positive impact on your credit score. Payment performance is usually a strong indicator of what type of borrower you are and what kind

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River North First Time Home BuyersPlanning to be in the market for a River North condo as a first-time home buyer? Take a closer look at several top buildings that won't break the bank...

Marina Towers

Marina Towers, designed by the architect, Bertrand Goldberg are often referred to as Chicago’s round towers, the corn on the cob, or the corn cob buildings. There are a total of 896 condos ranging from studios to 3 bedrooms. The studios have 500-600 sq ft,  the 1-bedroom condos have 575-800 sq ft, the 2-bedroom condos have 1,200-1,500 sq ft, and the 3-bedroom condos have 2,500 sq ft. Amenities at Marina Towers include a 24 hr. door staff, gym, bike room, sundeck, and storage. Marina Towers is one of the few condos in Chicago with its own boat dock. The building also has the

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A proposed plan to demolish the Cassidy Tire Building located at 344 Canal St and build a new apartment tower appears to be moving forward. The Developer, The Habitat Company, along with local architecture firm, Solomon Cordwell Buenz, are planning to erect a 33-story building containing 343 apartments and 124 parking spaces according to Alderman, Brendan Reilly (42nd). The Habitat Company announced their plans to purchase the site back in May, stating that the Cassidy Tire Building is located in an ideal position for redevelopment.   

The building, designed by architect Henry J. Schlacks, has a rich history dating back to 1902 when it functioned as a factory and warehouse for the Tyler & Hippach glass company. Henry J. Schlacks is most known for

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Planning to be in the market for a new Old Town condo soon? Take a closer look at several condo towers in the neighborhood that combine affordability and desirability below...

1212 N. LaSalle

Found at 1212 N LaSalle, LaSalle Private Residences offers a desirable location and some incredible views. The modern building also supplies a gym, optional indoor parking and 24-hour door service, with some affordable one-bedroom floor plans currently on the market.

88 W. Schiller

Lowell House is another Old Town condo building to check out. Located at 88 W Schiller the property has studio, one-, and two-bedroom floor plans on the market, some of which have been newly renovated.

1555 N. Sandburg Terrace

Found at 1555 N Sandburg Terrace, Kilmer

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Christmas festivities are kicking off all over Chicago and wondrous lighting displays are what everyone loves to see! Grab a cup of cocoa and take a stroll around these 4 Chicago areas to view some magical lighting displays.  

Millennium Park

Millennium Park is home of a 55 ft high, beautifully decorated Christmas tree is a great place to start your lighting tour. The tree was lit on November 22nd and is part of lots of continuing festivities along the Magnificent Mile. You can enjoy the twinkling lights all season long while you shop, dine, or go ice skating.

Lincoln Park Zoo

Lincoln Park ZooLights always delivers a spectacular lighting and holiday celebration. Visitors can walk the grounds and check out the 3D displays, ice sculptures,

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To accommodate growing needs of employees, PepsiCo will be relocating its Chicago offices. The new location will be 433 W. Van Buren St and will be the home of their; Sports and Juice portfolios, Quaker Foods, and Pepsi's North America Central Division.

The move will “meet the growing needs of current and future talent by creating a more agile and productive working environment for employees,” according to to a representative of the company.

The beverage giant signed an 8 year lease for a space measuring 192K sq. ft and are planning to move around the end of next year. PepsiCo with their 1300 employees will be the 3rd largest tenant within the building.

The new offices are expected to be a state-of-the-art workspace which will increase employee

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Looking for a chic new loft as a first-time home buyer in Chicago? Get your search started below...

Paramount Lofts

Paramount Lofts, located at 1645 W. Ogden Ave is an impressive loft building in the desirable area of the West Loop. The building was built in 2007 and is located close to public transportation like the blue/pink/green lines, the medical district-Rush/UIC, lush parks, the United Center, and a variety of restaurants. Owners within the Paramount Loft enjoy amenities such as; 24-hour door person, roof top deck, exercise room, community room, on-site staff, and dry cleaning. 1-bedroom, 1-bathroom units, complete with hardwood plank floors, modern appliances, large industrial windows and a spacious balcony, are averaging around $240K right

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It’s hard to believe November is half over and Thanksgiving is just a couple weeks away, but here we are. It’s also hard to believe that this year’s November’s weather feels more like January than late fall, but that’s another gripe for another time.

Like most months on the calendar, plenty of events and festivities are happening around Chicago in November, and more so in the second half of the month. So if you’re willing to brave the cold temperatures and hope to get out and enjoy what’s left of the “fall” season, here’s a closer look at several fun things agents in our office are excited about most in the coming weeks ahead.

November 15 - December 24 - The Christkindlmarket

The Christkindlmarket is back starting TODAY! A favorite holiday tradition

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Are you a first time buyer looking for a one-of-kind Loft Building? Logan Square is packed with options that you'll want to take a detailed look at. Read below for a summary of 3 of the best options out there right now.

Positioned at 2911 N. Western is a modern loft building with riverfront views and private access to the Riverwalk. This boutique loft conversion is located directly in the bustling location of Logan Square and is packed with charming loft elements. The interior features include; exposed brick and timber beams, huge windows, hardwood floors, and lots of relaxing natural light. Residents here have everything they need for entertaining guests or quietly relaxing after a long week. The building has an elevator and also features an attached

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