East Randolph Street – Call Kristine 312-933-1894

Observations and insights into real estate happenings along E. Randolph St. in downtown Chicago

East Randolph Street, Chicago

Entries Tagged as 'rental buildings'

Buying Can Cost $300 Less Per Month Than Renting Right Now

August 21st, 2013 · No Comments · chicago downtown rental, chicago real estate investment, chicago real estate market, real estate investing, rental buildings

In a recent article by Alby Gallun that appeared in Crain’s Chicago, renting can cost about $300 more than owning in one River North tower. While there are a lot of variables including the terms of the mortgage and neighborhood, rents have certainly gone up quite steeply in the last few years, mortgage rates remain […]

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Chicago Downtown Developers Switching Back to Selling Instead of Renting

June 20th, 2013 · No Comments · chicago downtown rental, chicago real estate investment, chicago real estate market, real estate investing, rental buildings

A couple years ago, it was quite common to see projects being switched from all Condos to all Rentals or a mix. Now, the pendulum is swinging back the other way. Inventory of condos available for sale downtown is quite low, less then 800 units are for sale right now, down from a peak of […]

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Columbus Plaza is Possibly the Best Deal for Downtown Chicago Rental Buildings

June 10th, 2013 · No Comments · chicago downtown rental, chicago loop downtown, new eastside, rental buildings, what's on the market

I have had several clients pick Columbus Plaza over the years and two just last week, so I thought it’s worth commenting. Columbus Plaza at 233 E. Wacker is probably the best deal for a rental building in the New Eastside neighborhood if not all of downtown Chicago for several reasons. The prices are very […]

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