Notes on the Downtown Chicago Condo Market
Practical writing on the mechanics of buying, selling, and owning a downtown Chicago condominium — reserve funds and special assessments, rental caps, parking, financing, and the due-diligence questions that actually decide a purchase. Written for people who want to understand how this market works before they move in it.
West Loop's 2BR Midrise Segment: Down to a 20-Day Median Sale
For sellers — mechanics West Loop's 2BR Midrise Segment: Down to a 20-Day Median Sale A 2BR condo in a West Loop midrise building took a median 20 days to sell over the trailing 12 months, down from a median of 24 days in the prior 12-month period. What Counts as This Segment This figure describes
River North vs. West Loop for a 2BR: How Market Time Compares
For buyers — orientation River North vs. West Loop for a 2BR: How Market Time Compares If you're deciding between a 2BR downtown condo in River North and one in West Loop, here's the answer before the explanation: over the trailing 12 months, River North 2BR highrise condos had a median market tim
Chicago Condo Owners: How to Sell Your Unit with Tenants in Place
If you’re considering selling a condo in Chicago—whether it’s in the Gold Coast, the West Loop, Edgewater, or another neighborhood—you might wonder what happens if there’s already a tenant living in it. Selling a tenant-occupied condo presents its own set of challenges, but it’s entirely possible
How Long Will It Take to Sell My Downtown Chicago Condo?
Thinking about selling your condo in downtown Chicago? One of the first questions most sellers ask is, "How long will it take to sell?" The answer depends on several factors, including location, pricing, and market conditions. In this post, we’ll break down the key factors that influence the tim