Chitownproperty

Lincoln Park two bedroom

Price: $349,900
View photos

Lincoln Park 2 bedroom, 2.5 bath duplex up condo with amazing living space and two huge decks with full skyline views. 20+ foot ceilings welcome you into this fabulous home with a spacious and up-graded kitchen with granite, maple and breakfast bar. The kitchen is adjacent to the living room, dining room and balcony, perfect for entertaining. This main level also includes two bedrooms and two baths, and great closet space. The top level has a large and lofted family room, an office nook, half bath and enormous roof top deck with stellar city views. The beautifully finished home comes with in-unit washer/dryer, extra storage and TWO individual secured parking spaces. Close to shopping, transportation and all that Chicago offers.

(more…)

Just when everyone is telling you this is a terrible time to buy a home, the Wall Street Journal plays the devil’s advocate and makes a list of 10 reasons you should buy now. Some highlights:

• You can get a good deal
• Mortgages are cheap
• You’ll get a better home than renting
• There is a lot to choose from

Gold Coast two bedroom, two bath for rent

For Rent: $2350/month
View photos

South/East corner 2 bed/ 2 bath w/ stunning upgrades throughout & fabulous city views. Open, upgraded kitchen w/ large breakfast bar, two large bedrooms & beautifully renovated baths, hardwood floors throughout and amazing closet space. Gold Coast gem that allows pets. 24 hour door staff, sundeck, coin laundry, work out room, storage and parking.

(more…)

Two bedroom, two bath in Southport Corridor

Price: $399,900
View photos

This gracious and “model like” home is located in the heart of the Southport Corridor on one of the prettiest tree-lined side streets in the area. The extra wide, 8-unit building allows for an extremely spacious floor plan, providing about 1500 square feet for this 2 bedroom, 2 bath home. This unit boasts large bedroom sizes and an extensive living space with ample room for a dining set-up. This home has a beautifully up-graded kitchen including a large breakfast bar. The master bedroom features organized closets, bath with double vanity and large steam shower. Additional features include hardwood floors, full size washer/dryer, large and private deck, great storage within the condo as well as an additional large storage room. Garage parking completes this fabulous condo in this amazing Lakeview neighborhood.

(more…)

At the New York Times, David Leonhardt asks how optimistically we should view the real estate market. To him, this means we have to decide if housing is more like a luxury good, where prices go up as incomes rise, or as more of a staple item, where prices rise with inflation. He concludes, more optimistically, that the evidence lies with the argument that prices rise along with income. How does this impact a potential buyer? He offers this simple advice, which is something we always tell our clients:

The best advice for homeowners and would-be buyers may be to think of a house not as an investment, first and foremost, but as a place to live. If there is a good chance you will move in the next three years or so, you should probably rent.