Urban Townhome Lifestyle - Streeterville, Chicago
Chicago Real Estate Source Blog
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1y ago
East Water Place is a unique urban townhome community in Streeterville situated on a peninsula of land bordered by Ogden Slip to the North and the Chicago River 1/2 block to the South.  East Water Place combines the perfect blend of city living with the serenity of a single-family home.    424D East North Water Street Offered at $895,000 This gorgeous four-level, 3 bed, 3 bath 2200 sq ft unit with newly expanded rooftop deck and attached garage is recently updated and move-in ready.  Located in the gated courtyard, this unit is bright and spacious with floor to ceiling bay ..read more
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Home Sellers in Chicago - Success Story. Get Your Home Sold!
Chicago Real Estate Source Blog
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2y ago
Attention Chicago Home Sellers A Challenge Turned into a Success! When our clients contacted us in early June, they were very frustrated!  Their home had been on the market for a year and a half, was listed with two different real estate agents, but they had not been able to sell it.  They were desperately looking for someone who could help them get it sold for the right price and as quickly as possible.   We knew it would be a challenge to take on a listing that had been on the market for so long, and we needed to develop a strategy that would help us "successfully sell their h ..read more
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One Bennett Park: New Luxury Condos in Streeterville
Chicago Real Estate Source Blog
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2y ago
(Original post 04/2016) In Chicago’s energetic and desirable Streeterville neighborhood, luxury condos at One Bennett Park provide an exclusive location and new, energy-efficient construction. Let’s look closer at One Bennett Park and see why this new Chicago building is one of the hottest places to buy and live in the city. One Bennett Park - Construction and Amenities One of Chicago’s finest residential towers, One Bennett Park allows residents the opportunity to live right in the heart of the city in luxury. Completed in 2019, this building is Chicago’s 13th highest skyscraper and overlook ..read more
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Exploring the Gold Coast’s Best: 10 E Delaware Condos for Sale
Chicago Real Estate Source Blog
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2y ago
In the market for a condo offering the very best of Chicago residential real estate? Look no further than 10 East Delaware, the shining gem of Chicago’s central Gold Coast neighborhood. These luxury condos are some of the most desirable on the market. Let’s look at the details and accessibility that these state-of-the-art units have to offer. The Building 10 E Delaware Place is a 35-story, 121-unit residential tower in the heart of Chicago’s premiere Gold Coast neighborhood. Designed by luxury architect Lucien Lagrance in 2009, this building offers top-of-the-line condos and immediate access ..read more
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Lincoln Park 3-flats: Buying and Selling in one of Chicago’s best neighborhoods
Chicago Real Estate Source Blog
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2y ago
(Original post date 01-2018) Whether you’re looking to buy or sell a three-flat in Chicago, Lincoln Park is a good place to be. This timeless Chicago neighborhood has beautiful architecture, lakefront access, and some of the best shopping, dining, and local culture in the city. Lincoln Park 3 flats Lincoln Park 3 flats hit a sweet spot for investment potential: stable income from a competitive rental market and the ability to enjoy owner-occupancy in one of Chicago’s best neighborhoods. Lincoln Park residents enjoy close proximity to Lake Michigan, Lincoln Park, and the zoo. Whether you’d rat ..read more
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Selling a Home in a Divorce: What are Your Options?
Chicago Real Estate Source Blog
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2y ago
There’s no point in sugarcoating it: deciding what to do with a home during a divorce can quickly become stressful and complex. A home is not only one of the biggest financial assets that have to be divided between you and your spouse in a divorce but an emotional asset as well: one that you both have most likely spent part of your life in and worked hard to pay for over the years.  Divorce is complicated enough; deciding what to do with the home on top of the divorce can be a messy process if you’re unsure how to proceed. Here we’ll break down your best options in this scenario and some ..read more
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Why Is A Home Inspection So Important?
Chicago Real Estate Source Blog
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2y ago
A home inspection gives buyers the opportunity to examine every inch of a prospective property. Here’s how home inspections work, why they’re so important, and how you can use your inspection to help you make the critical decision on whether or not to buy a home. The Importance of a Home Inspection In addition to finding a reasonable mortgage rate and negotiating a sale price, the home-buying process entails a home inspection. A home inspection is conducted by a certified professional who inspects and assesses the physical aspects of a home, including every element from the foundation and wal ..read more
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1% Listing fee: The Disadvantages of Working with Discount Agencies
Chicago Real Estate Source Blog
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2y ago
If you’re looking to buy or sell a home, you’ve probably considered working with a real estate company or platform that offers a discounted rate or cash back at closing. Discount agencies offer helpful tools and deals that you can access from your own computer and promise to save you money (and when it comes to real estate, that’s always a good thing to hear).  But while these agencies offer today’s online customers efficiency and a chance to save money, there are some disadvantages to the process as well. Depending on what market you are selling in and how knowledgeable you are about bu ..read more
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Cap Rate Valuation in Multifamily Properties
Chicago Real Estate Source Blog
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2y ago
What are cap rates and how do they work? How can I use cap rates to help me find a good real estate investment? Here we’ll discuss the role cap rates play in real estate investing and what other factors are important to consider. What is a cap rate? A cap rate (or capitalization rate) determines the rate of return that you can expect to come from a real estate property. This helps the potential buyer decide if the investment will be profitable enough compared to the market price. You can apply a cap rate to any type of real estate, but we will be focusing specifically on how it applies to com ..read more
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FHA 203k Rehab Loan in Chicago
Chicago Real Estate Source Blog
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2y ago
Buying a home using a 203k rehab loan Have you ever turned down a near-perfect house because the renovations look too big to handle? There’s a loan option that not many buyers know about that can change their search for a home or investment property: the FHA 203k rehab loan. The FHA 203k loan allows buyers to roll renovation costs into their mortgage loan instead of paying for the grand total of repairs in cash, streamlining costs and minimizing upfront expenses.  The FHA 203k loan comes especially in handy for Chicago buyers, who face a market with a lot of old properties in varying con ..read more
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