Online real estate portal Zillow recently released its Buyer-Seller Index for Chicago, which shows which neighborhoods in the city most favor buyers or sellers. Results show that as a whole, the Chicago real estate market continues to tilt towards buyers. Zillow determined which neighborhoods in Chicago are best for buyers or sellers by looking at Read more
The transformation of River North in Chicago continues. The former skid row, once home to prostitutes, drugs and abandoned warehouse buildings, is now being proclaimed as one of the hottest office real estate markets in the U.S. by Bloomberg news. According to Bloomberg, River North has gone from being rundown to featuring an array of Read more
Crain's Chicago Business recently looked at the state of the Chicago housing market and concluded the positive signs far outweigh any potential negatives. In fact, there were four separate indicators from a recently-released study that paints a rosy picture of the housing market in Chicago. The first positive sign: The percentage of home sales in Read more
Much is expected of Chicago's Bloomingdale Trail, the city's grand project to transform 2.7-miles of elevated rail line into a network of trails and parks. It's been especially true of real estate surrounding the project. Predictions were real estate values would rise as a result of the Bloomingdale Trail and that's exactly what's happening. The Read more
A rendering of the Bloomingdale Trail in West Town. It is scheduled to be completed next year. There are big things happening in Chicago's West Town. Developers are snatching up land at a quickened pace and real estate agents that serve the area are prepared for property values to increase. What Read more
Commercial real estate in Chicago is among the most environmentally-friendly in the country. According to the 2014 Green Building Adoption Index, 62.1 percent of commercial real estate in Chicago is certified as being “green.” Only Minneapolis and San Francisco ranked higher. The study was a joint venture between CBRE Group Inc. and Maastricht University. It Read more
Old Town Chicago One of the best-kept secrets in Chicago real estate is the Old Town neighborhood in the city's North Side. This historic section of the Windy City has undergone a variety of incarnations during its history, not all of which were positive, but since its latest re-birth beginning in the early Read more
(Photo courtesy of Curbed Chicago) Exclusive pictures of the most expensive single-family home in Chicago have recently emerged via Curbed Chicago. The huge estate, pictured above, is located in Lincoln Park and has been “quietly listed” for $18.75 million, making it the most expensive home in Chicago. It's expected to hit MLS sometime Read more
Good news for those that bought a home in Chicago's Lincoln Park during the height of the last housing bubble: your home may finally be worth what you paid. That's according to a new study from Corelogic Inc., which showed home prices in the Chicago neighborhood are now just 2.5% off their peaks from 2007. Read more
Chicago is the most affordable housing market in the country. That's according to a just-released study from ZipRealty that looked at 30 metro areas and determined home affordability based on a market's median home sales price and median household income. The study found the best real estate bargains in the U.S. are found east of Read more