The Best Condo Amenities: What to Look for When Shopping

Narrowing down your dream condo is easier when you have an understanding of what’s important to you.

When it comes to choosing your ideal condo, it’s helpful to have an idea of the best condo amenities so you can know what to look for during the search process. 

Here are some of the most desirable condo amenities to look for when house hunting:

  • Technology and Connectivity: Recently, more and more house hunters are looking for high-tech homes. Smart appliances and advanced home security systems have never been more popular. Many homeowners are finding that it’s valuable to find a home that can make life easier and more efficient.
  • Outdoor Space: Having outdoor space has always been a coveted amenity, especially in a big city like Chicago. Condos that offer green space, including dog parks or small trails, are extremely attractive to many buyers.
  • Rooftop Access: Among all of the outdoor space that condos can offer, rooftops rank high on many buyers’ list of top amenities. People go crazy for rooftop views, especially when those rooftop views are accompanied with rooftop pools, tennis courts, or lounging areas.
  • Fitness and Spa Facilities: These facilities remain one of the most popular and useful amenity for many condo buildings. While it’s not uncommon for condos to have a gym, many upscale buildings boast state-of-the art fitnes equipment or luxurious spa options to residents.
  • 24/7 Doorman Service: Having someone work the front desk of a condo provides added safety and convenience, especially when there is a doorman at all hours. This service helps keep track of who enters the building, prevents packages from going missing, and provides extra general assistance.

While each of these amenities enhances the living experience, finding a condo that provides multiple amenities in one package is a bonus.

If you are ready to take advantage of the best condo amenities, begin browsing some of our favorite Chicago condos that make living easy and enjoyable:

  • Three Sixty West— Situated in a peaceful residential enclave of River North, this gorgeous condo building offers best of city living. The exceptionally designed units are accompanied by impressive amenities, including a fitness room, dog run, roof-top lounge, and sundeck.
  • 1935 N Fairfield Avenue #212: Don’t miss out on this one-bedroom, one-bath condo in the historic Silk Factory Lofts.This home delivers ample space and easy access to the best of Logan Square. Residents can relax on their large private balcony or head up to the common rooftop deck to soak up amazing skyline views.
  • 405 N Wabash Avenue #1413: Located right along the Chicago River, this Streeterville condo offers a hard-to-beat location, steps from some of the city’s best dining, shopping, and theaters. This two-bedroom, one-bathroom unit is complete with excellent finishes and world-class amenities. Residents have access to a 24-hour gym, indoor pool and hot tub, sundeck, hospitality room, and more.

To schedule a showing or to find a home with the best condo amenities, connect with one of our experienced brokers today!

 

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Four Amazing Logan Square Condos for Sale

If you are on the hunt for a hip place to live, consider looking into the Logan Square condos for sale.

The Logan Square neighborhood continuously ranks as one of the coolest neighborhoods in America, and we can clearly see why. Surrounded by some of the trendiest cocktail bars, live music venues, delectable restaurants, and boutique shopping in Chicago, Logan Square offers its residents an amazing living experience.

Not only is this neighborhood fun, but it’s also extremely pleasing to the eye. The prominent Logan Square Boulevards District brings the beauty of nature into the urban city by providing beautiful open green spaces throughout the area.

Logan Square offers a nice mixture of charming old homes and brand new builds.

Check out some of the Logan Square condos for sale at the moment:

  • 2020 W Armitage Avenue #1E: This brand new listing offers luxury living, complete with three-bedrooms, and two and a half baths. The extra-wide, duplex home by Halcyon catering to discerning buyers looking for larger space and modern aesthetics. The kitchen is comprised of premium contemporary cabinetry, Bertazzoni/Fisher Paykel/Bosch appliances, quartz counters, striking pendant lighting, beverage center, instant hot water dispenser, breakfast bar and more. The spa-like primary bathroom is finished in porcelain tile and quartz counters, heated towel bar, and heated floors.
  • 2246 W Medill Avenue #1: Steps off Holstein Park, this Renovation Duplex Down is located in desirable Pulaski School District. The unit provides three bedrooms and three baths, with an incredible 37-foot wide lot with a side yard. The bright and spacious main level boasts south-facing windows & 10 ft ceilings. In the kitchen, you can find custom cabinetry, top-notch appliances, a breakfast bar, and a large pantry for additional kitchen storage.
  • 2811 N BELL Avenue #308: If you’re looking for a two-bedroom, two-bath condo in the heart of Logan Square, consider this immaculate and expansive unit. This spacious home is situated in a boutique elevator building on a cul de sac. The location provides easy access to all of Chicago. Some of the unit’s features include a formal entryway with a coat closet, hardwood floors throughout the entire unit, an open concept living space. With ample space for a large dining room, living room, and kitchen it truly lives like a home.
  • 1935 N Fairfield Avenue #212: Don’t miss out on this one-bedroom, one-bath condo in the historic Silk Factory Lofts.This home delivers ample space and easy access to the best of Logan Square. Residents can enjoy open-concept living with super-high timber ceilings, gas fireplace, granite countertops and gorgeous exposed brick that make this loft feel modern and cozy. There is flexible space with a lofted bedroom upstairs and space below for another bedroom or office. Relax on your large private balcony or head up to the common rooftop deck with amazing skyline views.

Take advantage of these incredible Logan Square condos by scheduling a showing with one of our experienced brokers today!

 

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Live Luxuriously in These River North Condos for Sale

If you are in the market for a new luxury home, consider browsing the River North condos for sale.

The River North neighborhood delivers ultimate city living, with incredible dining, nightlife, shopping, and attractions including many popular live music venues and various events. River North also offers a phenomenal location, right along the Chicago River and the downtown Loop.

Residents have easy access to public transit and shared bikes, as well as great walkability to almost anything one may need.

As one of the Windy City’s most booming neighborhoods, River North is a prime spot for new construction.

Check out some of our favorite River North condos for sale:

  • Renelle on the River– 403 N Wabash Ave- This building offers the premier location, right along the infamous Chicago River. Prospective residents can choose from three and four-bedroom units, each complete with floor-to-ceiling windows and incredible city views. With its private rooftop lounge, indoor and outdoor kitchens, outdoor terrace with fireplace, and private screening and game rooms, Renelle is synonymous with gracious living.
  • 56 W Huron– 56 W Huron St- Located on a quaint, tree-lined street, this building uniquely evokes luxury and elegance in this quiet enclave of River North bordering the Gold Coast. Every unit boasts floor-to-ceiling windows and modern amenities. Units are selling fast, so be sure to inquire if you are interested!
  • Superior House– 366 W Superior St- These luxury condominium residences, in the heart of River North have been uniquely designed so all residences wrap a corner of the building with pristine glass walls, built-in grill stations and prime, expansive views. Each luxury residence has oversized kitchen and entertainment areas set within open floor plans. You can expect award-winning sensibility to the interiors through the curation of three interior finishing palettes with luxury brands – Wolf, Sub-Zero, Miele, Best, Dornbracht, Julien, Kallista, Duravit, LG, and Hansgrohe.
  • Three Sixty West– 360 W Erie St- Model homes are now open at this stunning condo building. Situated in a peaceful residential enclave of River North, residents can get the best of city living. Three Sixty West is an exclusive collection of 38 three-bedroom homes featuring Italian kitchens with integrated appliances, 10’ ceilings, and large outdoor spaces. The exceptionally designed homes at Three Sixty West are accompanied by a fitness room, dog run, roof-top lounge, and sundeck.

To check out these luxurious River North condos for sale or to begin the house hunt, connect with one of our brokers today! Our experienced team members can help you safely find your dream condo.

 

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Five New Condos in Streeterville Chicago

If you’re in the market for a new home, consider one of the new condos in Streeterville, Chicago.

The Streeterville neighborhood is steeped in history and offers residents one of the Windy City’s most premier living experience. 

Located in the heart of downtown, and bordered by both Lake Michigan and the Chicago River, with easy access to the highway, public transportation, popular restaurants, and top-notch nightlife, Streeterville provides phenomenal convenience and equally incredible views.

Throughout the neighborhood, you will find condos that offer unrivaled location and luxury. 

Discover the latest and greatest Streeterville condos:

  • 505 N McClurg Court #2404: This newly redecorated one-bedroom, one-bathroom unit is located in the sought after Parkview building, adjacent to the Micahel Valkenburgh designed park. The unit delivers spectacular city and water views. It also boasts floor-to-ceiling windows, along with new carpeting, lighting, and paint.
  • 405 N Wabash Avenue #1413: Located right along the Chicago River, this condo offers a hard-to-beat location, steps from some of the city’s best dining, shopping, and theatres. The two-bedroom, one-bathroom unit is complete with excellent finishes and world-class amenities. Residents have access to a 24-hour gym, indoor pool and hot tub, sundeck, hospitality room, and more.
  • 179 E Lake Shore Drive #22W: Defined as “modern classicism”, this rarely available half-floor plan exudes sophistication and refined timelessness. The 3-bedroom, 3.1-bath home sits right along Lake Michigan, providing unobstructed north lake views, and west and south city views. With over 3,500 square feet, this unit offers true urban estate living. Prospective residents can look forward to an expansive living and entertaining space.
  • 505 N Lake Shore Drive #2201-02: Also located along the lake, this home boasts views of the water, city, Ohio Stree Beach, Lake Shore Drive, and Lake Point Tower park. The two-bedroom, two-bath includes a comfortable layout, with spacious rooms. You can find plenty of storage, two storage lockers, and a rare laundry room. Top-notch amenities include a full 24/7 health club with state-of-the-art equipment, racquetball courts, steam and sauna rooms, indoor and outdoor pools, and more.
  • 31 E Elm Street #3B: This gorgeous unit promises charm and character, without compromising on luxury. The top floor Parisian inspired condo is tastefully updated while keeping the integrity of the originality to keep it timeless with original crown molding and floors. With three bedrooms and two bathrooms, the unit offers plenty of space, along with two custom stone wood-burning fireplaces. The condo sits on a quieter city street but is still within walking distance of the lakefront path and rush street restaurants.

To learn more about the new condos in Streeterville, Chicago, or to schedule a showing, connect with one of our sales agents today. One of our team members would be glad to safely show you what all of the hype is about behind this premier neighborhood and its luxury homes. 

 

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Financing Tips and Advice for First-Time Homebuyers

We sat down with the Senior Vice President of Lending for Guaranteed Rate, Michael Bencks, to talk about financing tips and advice including some of the most common financing questions for first-time homebuyers, the point at which you should get in touch with a lender, interest rates, home buying programs to take advantage of, and more.

The Most Common Financing Questions for First-Time Homebuyers

The most common questions everyone asks when meeting with a lender are “What is my monthly payment?”, “How much cash do I need to close?”, or “What’s the most we’re pre-approved for?” Instead of leading with those questions, Michael encourages first-time homebuyers to think about financing a bit differently. Most people can get pre-approved for way more than what they are willing to pay for monthly. So instead of starting with the big number, Michael suggests to work backwards. Instead, he suggests for buyers to think of a number you want going out the door every month, which can include interest, taxes, insurance, etc. From there, a good lender should be able to reverse engineer a down payment and a mortgage so you aren’t left surprised when you get to the monthly payment.

At What Point Should You Get in Touch With a Lender? 

Instead of shopping around for homes first, consider getting in touch with a lender. “You shouldn’t test drive a Maserati before buying a new car,” says Michael. In other words, it’s important to understand what you can afford before shopping at price ranges too high. This can save you a lot of let down when it comes to understanding what’s realistic in your price range. For example, it’s hard to unsee heated floors and exquisite finishes when those are some of the first features you saw in over-budget homes. 

Interest Rates And Home Buying Programs to Take Advantage Of

Another common question from first time homebuyers is “What is your rate?” But it’s not as simple as that. You may see an amazing interest rate online and yes, it does exist, but it may be difficult to check all the boxes of criteria in order to qualify. When you meet with a lender, you begin to uncover which types of rates are out there and how you fall into each of them. From there, you’re able to find an interest rate for your own unique situation.

When finding programs to take advantage of during the home buying process, keep in mind there are restrictions and criteria to those as well. For example, you have to be based in a certain zip code or meet certain income requirements for some programs. Michael also mentions that programs are like coupons, you can’t use all 5 at the same time. Find a few programs that are unique to you and pick the best one for your situation.

Differences Between Retail Banks and Mortgage Lenders When it Comes to Home Financing

The biggest difference between financing in retail banks and mortgage lenders is their business models. If you’re planning to go to a retail bank, they tend to only offer a few options for fixed loans. On the other side, if you choose to work with a mortgage lender, you may receive a variety of customized options that suit your needs specifically. Mortgage lenders and retail banks also differ in speed and efficiency. Retail banks have many arms of their business, causing a bit longer lead times. Whereas mortgage lenders typically have fewer people in specialized roles, causing processes to move quicker. Another difference between mortgage lenders and retail banks is their office hours. For retail banks, they have set office hours of 9-5. Michael Benck explains that real estate isn’t just 9-5 and that his team understands there are offers that need to be in at any time of day. For example, Michael likes to think of it as “if there’s something that I can get done in 5 minutes and will decide if someone gets a house for their family, for a shorter commute time, etc., it’s well worth it.”

Homebuying and financing isn’t as tricky as it seems. All you need for a smooth, efficient, and successful homebuying process is your well-equipped team of an attorney, lender, and broker. 

To watch the full IGTV interview with Michael Bencks and Amy Galvin about financing and first-time homebuying, click here. For any questions or concerns you have, connect with our experienced team today.

 

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New Condo Buildings in Chicago That You Just Can’t Miss

In the market for a new Chicago condo? Here are a few new condo buildings in Lincoln Park, Streeterville, and Wicker Park that you just can’t miss:

Norweta

These stunning condominiums in Lincoln Park incorporate forward-thinking aspects of residential design. Norweta offers 3- and 4-bedroom luxury condominiums with interiors hand-selected by Gary Lee Partners. Finished to absolute perfection, kitchens at Norweta feature European-style kitchens, Sub-Zero and Wolf appliances, and solid surface quartz waterfall countertops. The bathrooms include large format tile on walls and floors, curbless showers with frameless glass enclosures, quartz slab countertops, and Duravit tubs, sinks, and toilets.

The beauty doesn’t stop just there. With Norweta’s urban resort amenities, you get vacation-style living every day of the year. Wind down from the day by the cozy fire pits. Work from home in the conference room. Get a workout in at the 24/7 fitness center or sports court. Or enjoy the summer sun at the resort-style pool. If you’re looking for a new condo in Chicago, Norweta is an amazing choice. But if you’re not ready to purchase just yet, Norweta also offers sophisticated rental residences that blend luxury with a one-of-a-kind living experience.

Norweta new condos in ChicagoNorweta new condos in Chicago

Norweta new condos in ChicagoNorweta new condos in Chicago

The Orchard

The Orchard offers spectacular 2-, 3-, and 4-bedroom condominiums in Lincoln Park that are uncompromising in conveniences. With interiors by Soucie Horner, these residences have been reinterpreted for a contemporary lifestyle. Features at The Orchard include 10-foot ceilings, custom trim work, oversized dark bronze frames windows, and white oak hardwood floors. Residences here bring the outdoors in through oversized windows and private terraces with immaculate views of the city skyline and Lake Michigan.

The OrchardThe Orchard

One Bennett

These Streeterville condominium residences offer sweeping views of Lake Michigan and the city skyline. Set on a 1.7 acre park by Michael Valkenburgh Associates, One Bennett Park residences feature custom interiors by Rovert A.M. Stern Architects and range in floor plans from 2- to 4-bedroom homes. The amenities in this luxurious home base allow you to live an exceptional lifestyle. The third floor of One Bennett Park’s condominiums include a full-service spa and salon, exercise facility with a fitness center and pilates studio, and pool with a sun terrace overlooking the private park. If you’re not in the market to buy quite yet, One Bennett Park also has impressive apartment options as well.

One Bennett ParkOne Bennett Park

Alcove Wicker Park 

Alcove is a new community of luxury condominiums and townhomes located in the heart of Wicker Park. These thoughtfully designed residences offer 2-, 3-, and 4-bedroom condos with large and bright spaces. Alcove is loaded with designer finishes and features including large private balconies, 9-foot ceilings, stainless steel appliances, quartz countertops, wood plank flooring, and luxurious carpeting. Just steps from all the coffee shops, restaurants, bars, and attractions of Wicker Park — you can enjoy all the conveniences this booming neighborhood has to offer. And if you’re looking to stick with renting for right now, check out Wicker Park Connection, the sister rental property of Alcove.

Alcove Wicker ParkAlcove Wicker Park

Ready to make the move to one of these new condo buildings in Chicago? Connect with our experienced team today.

 

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13 Condo Design Ideas for Small Spaces

Just because you have a small space doesn’t mean you can’t make it your own. There are plenty of condo design ideas and luxury interior design tips to expand your square footage and make the most of your floor plan without sacrificing comfort or style. Here are some helpful condo design tips when working with a smaller space.

Common Design Ideas for Smaller Spaces

No space goes to waste when looking to design your compact condo.

Start Neutral

Lighter shades make rooms appear bigger than they are, so think about painting your walls a creamy white or beige. The neutral palette doesn’t have to stop at the paint color either, it also may be helpful to utilize neutral anchor pieces like cabinets or sofas. Plus, homes with neutral palettes tend to sell a lot quicker too. 

Don’t Shy Away From Patterns

If you’re not into the all-white interiors, good news because your space definitely doesn’t have to be! Show off your personality with accessories like bright throw pillows or a textured print accent chair. Bright patterns typically tend to lighten the space too, so definitely think about incorporating some of those.

Harmonize The Space

No matter which palette you choose to go with, just be sure your space is in harmony. Choosing a color palette with coordinating shades or repeating metals in the hardware and furnishings are just some of the ways you can harmonize your entire condo space.

Increase Your Natural Light

Even if you weren’t blessed with tons of natural light in your condo, you can give the illusion of more light with mirrors. Mirrors really open up the space and also tend to double the light in a room as well.

Layer Lighting

Don’t just stick to one type of lighting. In order to create a cozy and curated interior space, include many levels of lighting like floor lamps, pendants, sconces, chandeliers, task lights, flush mounts, etc.

Draw Your Eyes Up

In the theme of creating the illusion of more room, drawing your eyes up is another key tip! Think floor-to-ceiling draperies, pendants or drop lights, and floor-to-ceiling wall shelving.

Linear Prints Are Your Friend

The best kind of prints for small spaces are ones with geometric shapes or vertical lines. These prints tend to open up the room and give the illusion of more vertical and horizontal space.

Create Zones and Define Rooms

If you’re working with a small condo space, you’re in luck because the traditional days of a separate workspace, dining, or living room are over. Now, buyers are making the most of their space by “zoning” rooms. If you’re living in a 1-bed condo but need a space for work, section off a part of the living room by painting an accent wall where the desk is. You can also play around with defining your zones by using rugs or furniture as well. 

Multifunctional Furniture Is Key

Choosing furniture pieces that have more than one purpose means you can get all the functionality for less. Think foldaway dining tables or desks, a moveable kitchen island, convertible sofa bed, or bedroom dividers full of storage.

Pack In The Storage

Storage is so important when you’re living in a small condo space. Incorporating hidden storage throughout your home is the best way to keep the clutter out of site. For example, consider switching out a pedestal bathroom sink to a vanity sink with storage. You could also make the most of under-bed storage, built-in wall storage, or entryway storage.

Always Have An Entryway

No matter the size of your space, you should always have an entryway zone to drop off your keys or hang your coat. Even if it’s only a foot wide — a mirror, a few hooks, and a thin console table with a key tray makes all the difference. 

Don’t Skimp On The Rug

Nothing says tiny condo like a rug that doesn’t fit your furniture! As a rule of thumb, your rug should be large enough so that most of the furniture in the setting fits on it. 

Maximize Your Negative Space

Negative space is key when giving the illusion of more room in your condo. Floating media consoles, glass coffee tables, floating shelves, or exposed legs on your couch gives both you and the ground some breathing room.

Whether you’re buying or looking to upgrade, our experienced team of leasing professionals is here to help. Connect with Luxury Living today for any home buying questions you may have.

For our complete guide to luxury interior design for condos, click the button below.

 

Luxury Condo Interior Design Guide

The Latest Condo Unit Design Ideas

Designing the perfect condo can be tricky, especially when working with limited room. However, with the right tips, it’s easy to maximize your space and beautify your home. 

The Latest Design Ideas for Condo Units 

  • Zone and define areas: Any homeowner wants to maximize their space, especially when living in tighter quarters. Try incorporating zones into your condo layout. For instance, use large area rugs or furniture to distinguish multipurpose areas in one open space.
  • Choose the colors wisely: The colors you incorporate in your condo can make a huge impact. Consider going with a white color palette throughout your unit. Not only does this neutral color palette create a sleek space, but it also helps make your condo feel larger. Also, don’t be afraid to add some pops of color here and there with some fun accent pieces.
  • More mirrors: Incorporating multiple mirrors into your living area can open up your space, making a small room feel larger and more inviting. Plus, mirrors help reflect light to brighten your place.
  • Keep the floor clear: In any condo, especially one with less square footage, you don’t want to cram your floors with stuff. Go for floating pieces, such as wall shelves and hanging plants, to help minimize clutter.
  • Install wall lights: Add a stylish touch and brighten up your small space by installing scones or wall lamps.
  • Invest in floor-to-ceiling draperies: Hanging up long curtains right where your wall meets the ceiling will instantly add height to your condo and make your living room feel more spacious.
  • Include natural elements: Consider bringing some life into your condo by adding some greenery or driftwood throughout your space.

Available Listings that Capture Some of the Latest Trends

  • 220 N Lincoln Park West #3G: This one-bedroom, one-bathroom condo boasts an unbeatable location with expansive views of Lincoln Park and downtown. Enjoy the views from the east-facing balcony or the spacious living and dining room area.
  • 400 N Lasalle St #1806: Consider this sleek studio in the heart of River North. The unit boasts hardwood flooring and thoughtful finishes throughout. Residents have access to upscale amenities, including a state-of-the-art fitness center and a heated outdoor pool.
  • 1108 N Ashland Ave #2: This extra wide, 3-bedroom duplex situated in Wicker Park offers an open floor plan and rare layout. Throughout this serenely beautiful home, you will find hardwood floors, impressive storage space, high ceilings, and doors, as well as tons of natural light. There’s plenty of room to get creative and take advantage of trendy design concepts. 

Connect with one of our experienced brokers today to help you find the perfect home so that you can bring these popular condo unit design ideas to life!

If you’re looking for more interior design tips and tricks for your condo, check out our top 3 luxury interior design condo ideas, 13 of the best tips for designing your small space, or click the button below for your ultimate guide to luxury condo interior design.

 

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Top 3 Luxury Condo Interior Design Tips 

As we head into 2021, that means it’s time to refresh your condo space! We’ve collected some of the top condo interior design tips from Elle Decor, Apartment Therapy, and HGTV for you to try in your new luxury condo.

Top Interior Design Trends for Condos

This year is the year of personality. With all of us spending much more time indoors, we’re taking time to really reflect on how our space tells our story. Play up your personality and incorporate some of these latest interior design trends in your new condo:

Bold wall colors and wallpapers are back and better than ever! Instead of accent walls, designers are now filling entire rooms with a bold pattern or color. In lieu of creating a home full of personality, this trend really plays on your own personal style. 

Biophilic design is another up and coming style to incorporate when looking to upgrade your interior space. With our fast paced lives, we sometimes lose sight of the beautiful nature around us, and that’s where the biophilic design elements come in. Think unfinished wood accents, loads of natural light and of course, all the live plants.

One of the biggest interior design trends for condos that we have seen is the rise in two-tone kitchens. For example, you could mix black cabinets and white uppers, or white uppers with a wood-toned cabinet, the list goes on. This design tip even works for your kitchen island, so if you like the look of all white cabinets, throw a different color in your island.

The Best Way To Go About Updating Your Condo Space

It’s easy to find designs and inspiration pieces you like, but how do you go about updating your space? 

If you do decide to change your wall color, consider the purpose of the room first. Patterns and colors in living rooms and dining rooms give off a different vibe than if they were in your bedroom or workspace. A punchy print on the bedroom wall may bring more intensity than you’d like when trying to get some R+R, but it would be perfect for a dining room that encourages lots of conversation.

Finding indoor plants you can’t kill is pretty easy, but it becomes a bit trickier if you’re limited to natural light in your condo. If you do have windows but they’re covered with heavily patterned window treatments, try switching them out for a lighter semi-opaque curtain to let more light shine through.

When moving on to the next steps of upgrading to your two-tone kitchen, picking out the colors may just be the hardest part. There are so many routes to go with, and all the options online make it all the more difficult. First, find some inspiration photos online of kitchens you really like and see how they flow with the rest of the space. For example, if you have an open concept living and kitchen area, be sure the colors you pick blend for the kitchen nicely with the living room. Then, head to your local paint shop and pick out a few paint chips to bring back and see how they really match the space. 

What To Consider Before Upgrading Your Condo

When it comes time for the nitty gritty of completing the interior design projects, here are a few helpful tips before you take the steps to upgrade your condo.

Before making any major changes or renovations to your condo, always check with your HOA first. Proper licensing or regulations may be necessary in order to move forward with certain upgrades to your condo. Also, always be sure to do your due diligence and make sure that color or condo addition is exactly the one you want before moving forward with any new interior design project!

Whether you’re in the market to buy a new condo or looking to refresh your space with the latest condo design trends, Luxury Living Chicago is always here to help. Connect with our experienced team today for any questions you may have.

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A Helpful Guide to Luxury Condo Interior Design

Once you’re ready to make the move to a new luxury Chicago condo, it’s time to start the design and decorating process. 

A well-designed space can instantly turn your house into a home, but it’s important to follow some general rules and guidelines when going about upgrading your interior space. So what are you waiting for? Read on for our helpful guide to interior design for luxury condos.

Define Your Style 

There are so many design styles out there when looking to upgrade your interior space, so be sure to define your own style first. 

Scroll through Pinterest and start a board of all the things you like. This can include furniture, decor, designed rooms, and even graphics and pieces of art as well. Then, pick out your top 10-20 inspiration pieces and start a mood board. A mood board gives you an overall vibe of the space and sets the tone for the design of your room. 

If you don’t have a clue where to start with creating a mood board, check out these trending interior design styles to help guide the direction:

Make a Plan

After choosing your style, sit down and make a plan. Note all decor and furnishings you’d like to keep and what should go. Then, decide where your kept furniture will go in your new condo.

To get a better visualization of the space, create a to-scale floor plan. This means taking all measurements of the room and your current furniture, mapping out your floor plan, and deciding where all your existing furniture will go. Then, consider which new furniture you’d like to purchase for your new condo design.

Pick a Palette

Once you’ve defined your style, created your mood board, decided which furniture is staying and which is going, and drafted a floor plan, it’s time to pick a palette!

Take your mood board and the current furnishings you wish to keep and see what colors overlap. Choose a palette that marries the two nicely and then begin to pick your new furniture pieces based on the palette.

If you’re working with a smaller condo, it may be wise to choose a more neutral color scheme with subtle pops of color. Also, the size of your space will ultimately dictate the appropriate choice of patterns and textures. As a rule of thumb, one should use less and lighter patterns with smaller rooms to keep the space feeling open, while using bolder and brighter colors in larger condos can make your home feel cozier.

And yes, you can mix patterns! Just be sure to use large-scale patterns as a dominant pattern and combine them with medium to smaller-scale patterns to accent.

Determine Your Budget

Once you’ve chosen your color scheme, the next step is purchasing your new furniture and decor items! Before doing so, determine your budget and note your max expenditure for every room. Make sure to include some wiggle room for any small accessories, shipping, tax, etc.

For more tips and tricks on re-designing your space, check out our top 3 luxury condo interior design tips and 13 condo design ideas for small spaces.

Now that you’re all set with the framework for upgrading a space, it’s time to find your new home! If you’re ready to pick your next condo, get in touch with our experienced team of leasing professionals today to help guide your search.

 

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Top 3 Townhouse vs. Condo Advantages to Know

Townhouses and condos both offer unique benefits over apartments and single-family residences. While both properties tend to be more affordable than single-family homes, they also offer lower maintenance, close communities, and hard-to-beat convenience.

Let’s compare the top three townhouse vs. condo advantages.

Advantages of Condos

  1. Among the many perks of condo living, this type of housing’s low maintenance remains a primary incentive for buyers. The condo’s homeowner association handles most of the maintenance projects, including keeping up with the exterior, and taking care of major repairs in the unit. Residents will never have to worry about shoveling snow or mowing the grass.
  2. Shared amenities is a huge selling point when it comes to condos. Why wouldn’t you want a pool, gym, and workspace all within your building? Through association fees, condos can fund an assortment of these shared amenities.  While amenities vary depending on the condo, you can choose which amenities are non-negotiable during the browsing process
  3. Condo living can help create a tight-knit community. With residents living close to one another, it’s easy for neighbors to connect simply by crossing paths or using shared amenities. Living near others also means that if there were an emergency, you’d have plenty of people to turn to.

Advantages of Townhouses

  1. Townhomes provide an excellent option for someone looking for the perks of a single-family home at a more affordable cost with less maintenance. This means getting to enjoy that perfectly kept front-yard, without having to purchase a lawnmower. Townhome homeowner associations maintain responsibility for some or all of the exterior, as well as the shared space.
  2. Due to the proximity of neighbors, townhome residents often feel an extra sense of security in their community. It is easy to get to know the people around you and keep an eye out for each other’s property and suspicious activity, ensuring a better night’s rest and worry-free trips away from home.
  3. Lower turnover rates attracts many potential buyers to condos. This means that residents often stay put for more extended periods of time than those living in condos, which can also promote better neighbor relations and a greater sense of community.

Finding the Right One for You

If you still need assistance weighing the townhouse vs. condo advantages, get in touch with one of our licensed brokers today.

Our experienced team members can help assess your wants and needs in a home and find the most suitable property for you. They will also be there to streamline the home-buying process and ensure that no questions go unanswered.

4 New Condo Buildings in Chicago

Want a Condo Instead of a Townhome? You Have Plenty of Options 

If you’re interested in finding a condo to call home, rest assured that the Windy City offers a wide range of options.

Discover just a few of our favorite new condo buildings in Chicago:

  1. 736 W Schubert Avenue #1– If you’re looking for a spacious condo, this four-bed, three-bath delivers plenty of room. Located right on the edge of Lincoln Park and Lakeview, this sprawling duplex offers an unrivaled location. Future residents will have access to three unrivaled outdoor spaces, including a charming secluded front terrace, a large back deck and a full, common back yard.
  2. 2020 N Lincoln Park West #3G– Situated steps from Lincoln Park, the Zoo, and the waterfront, this one-bedroom, one-bath boasts a premier location with an east-facing balcony overlooking the park. Along with a recently remodeled bathroom, the unit provides stainless steel kitchen appliances, ample storage, and hardwood floors throughout the bedrooms and living space.
  3. 474 N Lake Shore Drive #5301– This completely renovated 53rd-floor studio in the heart of Streeterville offers the ultimate downtown Chicago living experience. Residents can enjoy upscale amenities and finishes, including brand new kitchen appliances, high gloss cabinetry, and an attached parking garage.
  4. 1108 N Ashland Avenue #2– With three bedrooms and three bathrooms, this wide Wicker Park duplex truly lives like a single-family home. Rare in its layout, size of living space, high-end finishes, and attention to detail, every room in this home has been artfully curated harmoniously blending modern finishes with quality design.

Benefits of Living in a Condo

Condo living comes with its own sets of perks. One of the most desirable incentives for owners is the low maintenance associated with this type of housing. The condo association handles most of the maintenance projects, including mowing the grass, shoveling the snow, keeping up with the exterior, and taking care of major repairs in the unit.

Many condo buildings also provide common areas and shared amenities that residents can enjoy. From outdoor spaces, such as pools and dog runs, to indoor facilities, like gyms and workspaces, you can find many desirable services and areas within a condo building. 

The new condo buildings in Chicago offer unprecedented convenience for residents. Along with everything that owners can find in the building, many of the condos are also in a central location, near restaurants, shopping, and public transit.

If you’re interested in learning more or touring one of the new buildings in Chicago, connect with one of our experienced brokers today!

Condo vs. Townhouse Mortgage: Understanding Financing Differences

Buying a property is an exciting endeavor, but it is one that requires research and understanding beforehand. Part of that research involves learning the differences between a condo vs. townhouse mortgage.

Thinking About Buying a Condo or Townhouse?

If you’re in the process of purchasing a home, it’s crucial to weigh the differences between condos and townhouses to determine which property makes the most sense for your situation.

Condos and townhouses have subtle but unique distinctions that are important to identify.

A condo, or condominium, is a single building or a community of buildings with separate units owned by individual residents. They generally share walls with adjacent units. Residents own and maintain their unit’s interior but don’t own the property on which it sits. The Homeowners Association maintains the exterior, lawn, and communal spaces.

A townhouse or townhome is a single-family home that shares one or more walls with other independently owned units. They often feature two stories, as well as outdoor space. Residents own their interior units, as well as exterior walls, the lawn, and the roof.

What to Know About the Mortgage Options for Each and Any Key Differences

When it comes to comparing mortgage options for condos and townhouses, there are a few primary distinctions. One of the biggest differences has to do with the fact that a condo owner doesn’t own the land. Owners are only purchasing the space between the unit’s walls.

With a townhouse, owners have rights to the dirt and everything above and below the dirt. Getting a loan for a townhouse works similarly to getting a single-family home and is less complicated than getting a condo loan.

When obtaining a mortgage for a condo, one has to qualify as a borrower and ensure that the condo is approved based upon various government requirements. While the beginning steps to qualify for a mortgage are similar to applying for a loan on a condo, the rest of the process involves more action.

Similarly to a townhouse mortgage, a loan officer checks the borrower’s income, credit, and assets and determines the best product for the purchase or refinance. In addition to evaluating the borrower’s financial health, the lender also needs to assess the financial health of the condo. Additionally, lenders examine the condo’s Homeowner Association before the mortgage approval.

If you’re applying for a condo mortgage, you will need to determine whether you’re financing a “warrantable” condominium. This simply means it meets the legal guidelines for mortgage lending. Non-warrantable condo financing is more expensive, requires higher down payments, and may not even be offered by some lenders.

How LLCR can Guide you in Finding and Buying the Right Property for you

Whether you still need guidance comparing the purchase of a condo vs. townhouse, or if you’re ready to begin searching for your dream property, a Luxury Living Chicago Realty broker is eager and available to walk you through the process.

Let one of our experienced and licensed team members answer any questions you have and secure a property that is most suitable for your wants and needs.

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Understanding Condo vs. Townhouse Resale Value

Those looking to purchase a home commonly ask, ‘Is this a good investment?’.

The Luxury Living team wants to ensure that you answer ‘yes’ to this question by understanding what makes a good investment.

We want to help you find a home that is a worthwhile investment and provide insight into condo vs. townhouse resale value

Key Things to Know About Resale for Different Property Types

The resale value is what a buyer in the market will pay for your property. When it comes to re-selling a condo or townhouse, there a few principles to note.

In general, condos tend to sell much quicker than single-family homes, even in a down-market, due to lower costs.

It’s also critical to abide by the homeowner association’s rules and guidelines when reselling a condo. Associations may place limits on who the condo may be sold to, buyer pre-approval, and where you place for-sale signs.

Setting your home apart from the other similar surrounding condo units and communities involves highlighting your condo’s assets and neighborhood amenities. Determining a competitive selling point is crucial to the success of your resale.

The process of reselling a townhome closely mirrors that of a condo. However, sellers have found that townhomes tend to have lower resale values. Not only can it be more challenging to fill a townhome community, but it is often harder to obtain financing for townhomes. This is due to the increased liability of owning both the land and the physical structure.

On the positive side, determining a townhome’s fair selling price is relatively easy because of the many similar properties in the community.

What Impacts Resale Value

Many factors can impact the resale value of a property.

One of the best indicators of a home’s value is the sale prices of similar properties in the neighborhood that have recently sold, referred to as neighborhood comps. Real estate experts will compare these neighborhood comps to assess the value of your property.

Your property’s location is one of the key determining factors to your property’s value at the time of re-sale. This is why it’s wise to invest in an area with anticipated market growth.

Added improvements and upgrades to a property can significantly increase the resale value. Some of the projects that make the most significant difference include bathroom renovations, hardwood floors, kitchen remodel, new appliances, and added storage. All of the upgrades warrant a bump in your property’s price.

Purchasing a Property

Whether you’re moving to Chicago for the first time or are looking to move to a new home, LLCR can help.

We have a team of experienced and licensed brokers who can walk you through the home-buying process. They can help find the property that is best for you and ensure that you keep essential considerations in mind, including condo vs. townhouse resale value.

Start the hunt for your dream home today!

 

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Condo vs. Townhouse Insurance: What to Know

House hunting comes with many considerations. Home insurance, specifically condo vs. townhouse insurance, remains a crucial area that potential buyers should be familiar with before committing to a purchase.

The Luxury Living team is here to walk you through the key differences between these types of property insurance and help you determine which property makes the most sense for you.

 

The Difference Between the Commonly Confused Terms

The primary distinction between condo vs. townhouse insurance comes down to the areas that a property owner is responsible for.

While townhome owners need to provide coverage for their property’s interior and exterior, condominium owners only claim responsibility for their unit’s interior. The condo’s homeowner association (HOA)  covers the exterior.

Townhome insurance coverage tends to cost more than condo insurance because it is more expansive.  A townhome owner has more ownership than a condo owner because they have title to the unit’s interior and exterior. This means they also have greater risk associated with their property and a need for higher coverage.

However, depending on individual insurance plans, prices may vary drastically.

 

Common Considerations Between Both Types of Insurance

There are several factors to keep in mind as you compare condo vs. townhouse insurance.

If you are considering purchasing a condo, the good news is that associations take some of the insurance burdens off the owners by providing partial coverage. However, condo owners still need additional protection through individual homeowners’ insurance policies.

Before determining what coverage a condo owner needs, the buyer first must examine the condo association’s policy found in the HOA’s declaration pages. Often condominium HOA insurance policies will cover the common areas and most of the building’s exterior.  However, individual owners are responsible for the inside of their unit.

Individual condo insurance, known as HO-6 insurance, covers each condo unit’s interior, the condo owners’ possessions, and provides the owner with a liability policy.

Townhouse insurance, known as HO-3,  generally works the same as insuring a detached single-family home. The insurance policy covers the unit as well as any outdoor space the owner has title to. This outdoor space includes the yard and any patio or balcony that the townhome may offer. 

HO-3 covers fire damage and some storm damage; however, flood and earthquake insurance are optional coverage the homeowner may choose to add.

Similarly to condo associations, townhome associations cover any common space that residents have access to.

The price for townhome insurance can vary dramatically depending on which coverage the resident chooses to include in their policy.

 

How LLCR Can Help you Find the Right Property for your Needs

Beyond property insurance, there are still other differences between condos and townhomes that are worth investigating.

The good news is that you don’t have to navigate the waters alone. Luxury Living Chicago Realty wants to help you walk through the house-hunting process and provide you with direct support from an experienced team member.

A licensed broker can streamline the journey of finding your dream home and help you examine essential considerations, including and beyond condo vs. townhouse insurance.

 

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What to Buy? A Condo vs. Townhouse in Chicago

Stuck on whether to buy a condo or a townhouse in Chicago? We’ve broken down everything you need to know about condos vs. townhomes to help you better decide which route to go with when you’re ready to purchase.

Condo vs. Townhouse

There are a handful of similarities and differences in both condos and townhomes, so it’s important to understand the difference as one may suit your needs a bit more.

A condo is a privately owned individual unit within a building of other units, while a townhouse is a multi-level home that is attached to other townhomes. 

Both are managed by a homeowners’ association (HOA). The HOAs set the rules for the community about standards that need to be met for some or all of the exterior and the shared property. Every resident is a member of the HOA, meaning you will be required to pay monthly or annual fees to assist in funding the maintenance and upkeep of the property. 

HOA fees for condos tend to be higher, anywhere from $300-$1,000 a month depending on what services and amenities are offered at the building. Townhome fees are less expensive because the HOA is less involved in the property maintenance and townhomes normally require less maintenance in general. But, townhome owners may incur more out-of-pocket expenses because residents are responsible for both the interior and exterior space of their units, as opposed to just the interior space for condo-owners.

Both townhomes and condos are also very close in proximity to neighbors and have a bit less privacy than single-family homes. Townhomes usually have more privacy than condos because you will only have neighbors on either side of you instead of above and below you as well. But don’t worry, the proximity to neighbors doesn’t mean you’ll be able to hear everything your neighbors are saying. Thanks to party walls, which divide buildings and units into separate spaces using quality soundproofing, you won’t be disturbed.

Socializing with neighbors is easy in both condos and townhomes with the shared amenities that may include pools, parks, gyms, and communal gathering spaces. Although both usually offer a plethora of amenities, condos typically come with more than townhomes do. In condos, you will also typically share hallways, stairs, lobbies, elevators, parking lots, and other common building entries and exits with other condo-owners.

Financing a Condo vs. a Townhome

When it comes to financing, there is a bit of a difference between condos and townhomes. 

Townhomes tend to be more straightforward to finance, but harder to obtain. This is because they run a lot like single-family homes that own both the land and the interior space.

Meanwhile if you own a condo, you do not own the land it sits on, but instead just a part of the interior space, making it a lot easier to finance. Typically though both the condo itself and the borrower have to go through a pre-approval process when financing.

Condo Vs. Townhome Insurance

Both condo and townhome insurance run less expensive than that of a single-family home, but there are few important differences between the two nonetheless.

If you own a townhome, you will need coverage for both the interior and exterior areas. Unlike condo owners who do not own the land around them, townhome owners will need some sort of liability protection as well in order to cover any accidents that may happen on the property.

On the other hand, condo insurance is already partially or fully provided, depending on the specifics of your HOA. The insurance covered by the HOA includes exterior and building coverage, but not your personal belongings or any incidents that may happen in your unit. Unlike townhomes, condos also do not need liability protection since they do not own the land itself.

Resale Value for Condos and Townhomes

When it comes time to sell your place, it’s important to know the average resale values of condos and townhomes.

The resale value of a condo is normally higher than those of a single family home or a townhouse because condos typically do not tend to fluctuate as much in value.

Reselling a townhome is very similar to reselling a condo, although townhomes typically don’t hold their value as well as condos. This is because it is difficult to have a full community of townhomes and there are a bit more hardships that come with financing a townhouse as well.

Now that you’re more equipped with information on both condos and townhomes, it’s time to make your decision! Get in touch with our team for any other questions you may have or to help start the hunt for your perfect place.

 

Top Music Venues in West Loop, Chicago

Being a former industrial hotspot, West Loop is home to many of the best hip music halls, eclectic venues, and intimate lounges the city has to offer. 

Unearth Some of West Loop’s Best Music Venues

Bottom Lounge – This dual-level laidback venue is the spot for quick bites and good times. Grab a beer, chill out on the rooftop patio, and admire the perfect ambiance with exposed brick walls and dim lighting. With underground music, great sound quality, and American comfort food you surely won’t regret this pick. 

The Bassment – If you’re into the speakeasy feels, this West Loop venue is the place for you. The Bassment’s entrance is hidden behind a bookshelf and gives off all of the low-key club vibes. This personal venue really minimizes the separation between the artist and audience too, making the space feel as intimate as ever. 

Cobra Lounge – A must try for craft beer lovers, this microbrewery is another one of the best spots to see a show in West Loop. This classic Chicago staple has one of the coolest environments, incredible sound and light setups, and plenty of room for all the dancing.

City Winery – Dine-in at the restaurant, grab a drink at the cocktail bar, or just lounge and enjoy the live entertainment. City Winery boasts a great wine selection with intimate shows hosting both national and international entertainment.

The Darling – With nightly entertainment, this speakeasy-type bar has such a charming ambiance with an array of delicious cocktails. The entertainment here is some that you won’t find anywhere else in the city; and don’t forget to reserve a table downstairs at “The Library” for the most breathtaking experience. 

Lazy Bird – Full of calm and cozy vibes, this cocktail music lounge is chock-full of delectable drinks and modern decor. Lazy Bird is such a cool hidden gem, says locals, and the live music here is just the cherry on top to this eclectic atmosphere.

Ready to enjoy some live music in West Loop? Be sure to check out these unbeatable venues.

Live Music in Logan Square

As one of the trendiest spots to call home, the Logan Square neighborhood naturally boasts fantastic places to eat, shop, and enjoy musical performances.

If your ear is itching for some tunes, discover the best spots to enjoy live music in Logan Square:

Logan Square Auditorium– This historic ballroom now hosts a variety of concerts, festivals, and shows. The beautiful venue provides charming character and superior acoustics for enjoying live music.

Concord Music Hall– As an eclectic, mid-size venue, this music hall hosts an impressive range of musical artists- from dubstep DJs to pop sensations. There is plenty of room to move around, grab drinks, or dance to the music.

Rosa’s Lounge– Named “Chicago’s best blues club” by the New York Times and “a blues mecca for true believers” by Rolling Stones, you can expect exceptional jazz here. Whether you’re into modern or traditional jazz, Rosa’s hosts a variety of talented performers. 

Burlington Bar– While known for its whiskey and bourbon, this no-frills bar also welcomes touring and local bands and DJs to perform. The small space creates an intimate atmosphere and excellent sound.

The Whistler– This trendy Logan Square bar, gallery, record label, and venue features creative cocktails plus DJs or musicians nightly. The other perk is that there is no cover!

The Owl– For an exciting night out, this is the spot to go. The quirky bar promises 20 beers on tap, great vibes, and live music. Not to mention, the bar stays open until 4 am most evenings.

D.C. Torium– This DIY venue showcases up and coming artists, many from Chicago. The spot is cozy and ensures the perfect listening experience.

Emporium– While this Logan Square location is known for its old school games and delicious brews, the arcade bar also boasts a stage and space for shows in the heart of the neighborhood.

If you’re interested in living near these Logan Square live music venues, consider living in one of these luxury condos in the trendy neighborhood:

2539 N Sawyer Ave #1A: This gorgeous two-bed, two baths condo puts you in the heart of Logan Square, steps away from some of the best cocktail bars. The property features hardwood floors, great storage, spacious walk-in closets, and an outdoor balcony.

3022 W Palmer Sq #103: Located in Plamer Square’s enclave, this sunny south facing penthouse offers the ideal location. The unit offers two spacious en-suite bedrooms, as well as a charming exterior deck.

2150 N Rockwell St: With four beds and two baths, this contemporary single-family home offers generous space and a prime location. The property boasts a rare two-car attached garage and a fully fenced-in outdoor oasis.

If you want to find out more about these properties near Logan Square live music, connect with one of our experienced brokers today!

Find It: Live Music in River North

The River North neighborhood puts you in the middle of all of the action, including awesome music venues.

If you’re looking for an exciting evening, discover some of the spots with the best live music River North has to offer:

House of Blues– Located next to the Chicago River, this rock & blues-themed venue makes an exciting place to see a show. Grab dinner beforehand at one of the nearby restaurants or enjoy a delicious southern dish there.

Bub City– For those country music fans, make time to visit this Western-themed restaurant. You can enjoy delicious BBQ  while enjoying emerging artists perform on the venue’s 16-foot stage positioned at the center of the 4,500 square-foot space.

Old Crow Smokehouse– Here is another hot spot for country music and tasty barbeque. You can expect local and national acts performing throughout the week. The spacious venue also hosts a weekly live-band karaoke. 

The Bassment- This clubby lounge is known for hand-crafted cocktails and live music. The stylish 960s-inspired interior creates a welcoming ambiance, and the creative drinks enhance the whole experience. A wide array of musical artists take the stage at the Bassment.

Howl at the Moon– If you’re in need of a fun evening out with friends, dancing and signing your night away, this is your spot. The lively bar delivers high-energy live music, centered around dance hits and party anthems.

JBTV Music Television– Any music enthusiast needs to experience this place. JBTV is America’s longest-running music program dedicated to introducing the world to new artists. Anyone can stop by for free live performances at the studio for an intimate viewing experience.

St. James– This gorgeous Cathedral hosts dozens of concerts throughout the year, featuring choral, symphonic, and chamber music. If you’re into classical music, check out their ‘rush hour concert’ calendar for a full lineup of live performances.  

Navy Pier- During the summer, Navy Pier hosts free and outdoor live music to the public. Local and national artists from all genres perform, from jazz musicians to DJs. You can enjoy awesome music with a fantastic view of Lake Michigan and the city.

If music’s your passion and you want to be near these popular venues, here’s where you can live:

57 E Delaware Pl #3906– This stunning two bedroom, two bath corner residence on the 39th floor is completely remodeled and features first-class finishes and amenities. Some of this gorgeous home’s notable features include an open-plan kitchen, all-new Bosch appliances, floor to ceiling windows with breathtaking city views, in-unit laundry, well-proportioned rooms, and generous amounts of closet space.

31 N State St #2016– Located right on the Chicago River, this large one bedroom, two bathroom is a part of the architectural icon landmark building- Marina Tower- by Bertand Goldberg. This condo is steps away from public transit, Michigan Avenue, and significant Chicago attractions. The unit itself features two balconies, hardwood floors, an open kitchen with plenty of cabinets, and access to many amenities.

For more information on our current listing near live music in River North, connect with an experienced broker today!

 

 

Your Guide to Live Music in the Loop Chicago

Living in the Loop, Chicago means unbeatable access to some of the Windy City’s top attractions, including awesome music venues.

If you’re looking for live music in the Loop, Chicago, check out these popular locations:

Chicago Theatre– This 100-year-old landmark theatre is situated in the heart of the city. It operates as a performing arts venue for concerts, musicals, plays, magic shows, comedy, speeches, and even sporting events.

Civic Opera House– Also known as the Lyric Opera House, the Civic’s main performance space seats over 3,500 people, making it the second-largest opera auditorium in North America. It remains one of Chicago’s most beautiful and notorious buildings in the city, along with an exquisite spot to enjoy live opera performances.

CIBC Theatre– While known as a spot to enjoy Broadway shows, this beautiful venue also hosts live concerts throughout the year. When first built int 1906, the theatre was the tallest building in Chicago, and the first venue to cost over a million dollars.

Chicago Symphony Orchestra– This symphony performs 100 concerts each year thanks to the collaboration of the best conductors and guests on the international music scene. This Windy City Orchestra is consistently recognized as one of the leading orchestras worldwide.

Petrillo Music Shell– During the warm seasons, this outdoor amphitheater in Grant Park hosts a variety of large music festivals including the Chicago Blues Festival, Chicago Jazz Festival, and Lollapalooza. 

If music’s your passion and you’re looking to live near live music in the Loop, consider these luxury condos:

8 E Randolph St #2204: Located across the street from the Chicago Theatre and nearby anything you may need, the spectacular two-bedroom, 2-bathroom unit exudes natural light from every direction with gorgeous city and lake views.

360 E Randolph St #704: A little further East on Randolph Street, this highly sought after two-bedroom, two-bathroom unit sits right along Millineum Park in the Buckingham Private Residences. You can expect excellent space and views from every window.

200 N Dearborn St #3805: This high floor one-bedroom provides incredible lake and skyline views within a full amenity building. The unit is within walking distance of many prime concert venues, including Petrillo Music Shell in Grant Park.

For more information on these properties right near live music in the Loop, connect with one of our experienced brokers today!

The Best West Loop Cocktail Bars

With West Loop’s prime location to downtown and a plethora of delicious restaurants, it makes sense that this happening spot is the place to be when looking to drink! This Chicago hot-spot is full of some of the best cocktail bars, upscale lounges, and speakeasies in the city. Here are the top 5 cocktail bars in West Loop:

Top Cocktail Bars in West Loop

Lazy Bird – Tucked away underneath a hotel, Lazy Bird is an upscale cocktail bar with live jazz performances and the perfect evening ambiance. Their drink menu offers 52 different classic cocktails, each with a bit of history behind it. One of their famous drinks, the Grasshopper, tastes exactly like a Thin Mint cookie and you absolutely have to try it.

The Aviary – This redefined cocktail bar features drinks that feel like they are straight out of a chemistry lab. These creative presentations will surely blow your mind, just try out the Dip n Dots Style Flavored Ice or a Fish Tank! The Aviary sports a trendy crowd, making it the perfect spot to take your special someone on date night. 

Moneygun – Full of energetic vibes in this neighborhood dive. This unique spot has the dark and classic lounge feel, making it the go-to spot for a date or night out with friends. Their White Russian is truly on another level, and their presentation says it all with fresh coffee beans floating along the top.

CH Distillery – This industrial chic lounge has an impressive list of inventive cocktails and is the perfect spot if you like hard drinks. Enjoy their classic Old Fashioned or try one of their other inventive cocktails in the current rotation. With a great atmosphere and welcoming ambiance, CH Distillery is the perfect escape from the city.

Blind Barber – Walk into a barber shop to find this speakeasy-type cocktail bar. This is one of the hidden gems of West Loop and full of swanky vintage vibes. Enjoy the old and new school music, retro feel, and nice selection of cocktails. This is the ultimate lowkey spot for anyone, and if you’re ever torn on a drink, we suggest the Strawberry Field!

Where to Live if You Want to Be Close to All the Action

The West Loop area is a booming spot for all things live, work, and play. 

When looking for a West Loop home close to all the fun to be had, check out Fulton Market or Restaurant Row. These areas are jam-packed with top-rated restaurants, bars, and boutique shops

If you’re looking to wind down a bit more but still be within walking distance of all the commotion, head to the far left end of Restaurant Row on Randolph. This area hosts Union Park, the neighborhood’s largest park. Union Park is full of green space for your pups, basketball and tennis courts, and plenty of other space for children’s summer camps, music festivals and even concerts. 

Just a tad south of Union Park sits Skinner Bark Park, your pet’s favorite spot to be. This park has Astroturf, water bowls, a doggie pool, and lots of free parking around too. Don’t worry, that’s not the only dog friendly spot in the area. West Loop has plenty of other dog-friendly restaurants for your furry BFF to come join you as well.

Ready to make the move and be close to all of the fun to be had in the West Loop? Contact our experienced team today!

Where to Find the Best Logan Square Cocktail Bars 

Whether you’re planning a romantic date night or looking for a fun happy hour spot, rest assured that Logan Square boasts plenty of options.

Discover our top five Logan Square cocktail bars offering delicious drinks and equally impressive vibes:

  1. The Heavy Feather– 2357 N Milwaukee Ave-  Step inside this chic, dimly lit space, and you’ll be taken back in time. The fern bar gives off a late 70s early 80s vibe and offers retro cocktails to pair with the aesthetics. Be sure to try the plum gin fizz, with Averell Damson Gin Liqueur, Letherbee gin, Cynar, lemon, and egg white.
  2. Scofflaw– 3201 W Armitage Ave- Gin lovers will appreciate this urban-rustic cocktail bar. While the bar prides itself on its gin-centric cocktails, you can find an array of other adult beverages as well. One of the top-rated drinks is the ‘Something from Above,’ with Detroit city blueline gin and other tasty ingredients. Stay until midnight for some free, home-baked chocolate chip cookies.
  3. Billy Sunday3143 W Logan Square BlvdThis old-school inspired cocktail lounge serves mouth-watering, hand-crafted libations amidst the dark and charming interior. The inventive cocktails focus on impeccable presentation and uniquely delicious flavors. Try the old fashioned, a beloved favorite. Take advantage of the quaint patio when the weather is nice.
  4. Lost Lake– 3154 W Diversey Ave-  Recently named the best cocktail bar in America, this funky tiki bar will surely impress. The menu features innovative, island-inspired drinks within festive tropical digs. The ‘Skimmer Dipper Diver’ remains a fan favorite.
  5. Estereo– 2450 N Milwaukee Ave- This is the cocktail bar to be at during the summer. The garage doors come open, the Latin jams are cranked a little louder, and the funky cocktails get a little stronger. Order the ‘Breezy’ if you want to stick with the house specialty.

Where to Live if You Want to be Close to the Action

Consider living in one of these luxury condos near all of the favorite Logan Square cocktail bars:

  • 2539 N Sawyer Ave #1A: This gorgeous two-bed, two baths condo puts you in the heart of Logan Square, steps away from some of the best cocktail bars. The property features hardwood floors, fantastic storage, spacious walk-in closets, and an outdoor balcony.
  • 3022 W Palmer Sq #103: Located in the enclave of Plamer Square, this sunny south facing penthouse offers the ideal location. The unit offers two spacious en-suite bedrooms, as well as a charming exterior deck.
  • 2150 N Rockwell St: With four beds and two baths, this contemporary single-family home offers generous space and a prime location. The property boasts a rare two-car attached garage and a fully fenced-in outdoor oasis.

If you have any interest in these luxury condos near our favorite Logan Square Cocktail bars, connect with one of our experienced brokers today!

The Best Cocktail Bars in Streeterville

Streeterville offers a hard to beat the location, situated along Lake Michigan and in the heart of downtown Chicago.

Along with a killer spot, you will find some of the best cocktail bars in Streeterville.

Discover some of our favorite places to grab an adult beverage.

The Top 5 Cocktail Bars in Streeterville

  1. Streeterville Social– Located on top of Loews Chicago Hotel, this brand new rooftop bar offers a stylish spot to spend a scenic happy hour this summer. Take advantage of the daily specials, crafty cocktails, and gourmet grub at the Bistro.
  2. Drumbar– This award-winning, speakeasy-style, cocktail-driven bar sits atop the 18th floor of the Raffaello Hotel. Soak up the views and sip on libation on the outside terrace during the summer. Once the weather cools down, cozy up inside with a limited, one-of-a-kind glass of whiskey.
  3. Z- Bar– Since its recent debut, this exquisite bar has the neighbors talking. Situated in the Peninsula Hotel, this classy lounge finds its inspiration from ‘the world’s cultural and culinary riches.’ Indulge in a hand-crafted cocktail amidst beautiful views, live music, and gorgeous artwork. 
  4. The Signature Lounge– Located on the 95th floor of the John Hancock building, this upscale lounge boasts sweeping views of the city and water, along with top-notch libations. Stop by as the sun’s going down or grab a night-cap accompanied by the lit-up downtown Chicago in your peripherals.
  5. Three Dots and a Dash– This speakeasy cocktail bar offers a temporary tropical escape, hidden below the bustling streets of downtown Chicago. However, this discrete bar is no secret. Drinks Internationals named Three Dots and a Dash one of the World’s 50 Best Bars. You can expect tiki cocktails with the freshest exotic fruits and spices, the finest rums and distilled spirits, and juices and elixirs that are cold-pressed and concocted in house daily. 

Where to Live if You Want to be Close to the Action

If you want easy access to the best cocktail bars in Streeterville, consider living in one of these luxury apartments:

One Bennett Park– 451 E Grand Ave- This recent addition to Streeterville delivers an elegant residential tower with sweeping views of Lake Michigan, the Chicago River, and the city skyline. The property is part privately-owned condos and part apartment rentals. Residents have access to top-notch amenities and a 1.7-acre park in the middle of the city. There is even a motor court entrance with parking beneath the building.

500 Lake Shore– 500 Lake Shore Dr- SItuated in a prime waterfront location, these upscale rentals offer ultimate work-from-home experiences. Amenities include a private fitness club curated by Equinox, a private party room, a rooftop pool and shaded cabanas, and on-site dog run, and pet spa, a library, access to virtual experiences, and an outdoor terrace with a fire pit.

The Lofts at River East– 445 Illinois St- These luxury brick and timber lofts overlook the Chicago River and offer a unique living experience. Once a 1900s warehouse, this gorgeous building has now been converted into exquisite lofts complete with balconies, in-unit laundry, hardwood flooring, stainless steel appliances, granite countertops and more.

From the unbeatable location to the best cocktail bars Streeterville offers, this bustling neighborhood makes an excellent spot to call home.

If you are interested in checking out a property for yourself, connect with one of our experienced brokers today!

What You Need to Know About Buying a Condo Today

These past few months have been nothing but a rollercoaster, but that doesn’t mean you have to scratch all future home-buying plans. Here’s what you should know when looking to buy a condo in Chicago right now:

The Impact of COVID-19 on Buying a Condo

COVID-19 has altered the way we do business in real estate. Moving to completely digital for the time being has allowed us to look into various streams of communication and showing homes while at a distance. Thanks to the 3D touring technologies, you can now virtually tour condos from the comfort of your own home. We have also implemented various safety and wellness measures when touring in-person, such as PPE, daily temperature checks, and social distancing.

The rest of the condo-buying process can also be done almost completely virtual. Sign all contracts online using an electronic signature system. Wire your deposit or one of our team members can pick up the deposit check for you. Inspections are also completely online, as they will send all documents digitally with detailed photos and descriptions. Mobile notaries bring the closing to you. And lastly, we will hand-deliver your keys when it’s time to move into your new condo!

What You Should Know if You’re Looking to Buy

If you’re ready to make that next step in buying a condo, there are a few things to note.

First off, make sure you are ready to buy! Dig into the reasons for your current move and compare those motives to your life goals. If they align, great! If not, it may be best to really look into whether this is the right time to move. 

Once you’ve decided that this move makes sense to you, it’s time to start making your checklist. Before even looking at condos, make a list of your must-haves, would-like-to-haves, and no thank-yous. Think about what is important in your lifestyle and really whittle down what’s necessary for your move. This will be extremely helpful when starting the condo-buying process.

Before you start the buying process, make sure to find the right realtor, and discuss your checklist. Purchasing a condo is a big decision, especially if it’s your first time. Having an experienced agent to help you along the steps of home buying helps you tremendously from finding the perfect condo to making sure all necessary steps are taken throughout the process. 

When you start the hunt for your perfect home, be sure to get pre-approved first. Sellers want to see that you’re a serious buyer and that you’re ready to purchase with a lender in hand.

Luxury Living Chicago is committed to helping you safely find your dream home. Ready to begin the search for your new condo? Take advantage of these condo buyer tips and get in touch with a broker today!

Chicago’s Best Cocktail Bars

When it comes to finding a worthwhile cocktail bar, Chicago is an excellent spot to search.

The Windy City is known for housing impressive cocktail bars, suitable for whatever the occasion.

If you are looking for a top-notch spot to sip on a hand-crafted adult beverage, check out some of Chicago’s best cocktail bars:

The Aviary– If you are looking to be impressed, make a reservation at this innovative and acclaimed cocktail bar. The Aviary, located in the heart of West Loop, prides itself on serving cocktails as you’ve never seen or tasted before. Enjoy the out-of-this-world 6-course cocktail menu, and creative bites to go along. Keep in mind that bookings fill up fast, so be sure to make your reservation far enough in advance.

Three Dots and a Dash– This speakeasy cocktail bar offers a temporary tropical escape, hidden below the bustling streets of River North. However, this discrete bar is no secret. Drinks Internationals named Three Dots and a Dash one of the World’s 50 Best Bars. You can expect tiki cocktails with the freshest exotic fruits and spices, the finest rums and distilled spirits, and juices and elixirs that are cold-pressed and concocted in house daily. 

The Violet Hour– Spend a relaxed evening over cocktails at this intimate cocktail bar. Located in the heart of Wicker Park and rooted in pre-prohibition style libations, the Violet Hour makes the perfect date night destination. You can expect a warm ambiance, with elegant decor and candle-lit tables throughout. 

Milk Room– Located right downtown in the Loop, this cocktail bar goes above and beyond to hand-craft the perfect cocktail. The bartenders serve cocktails with rare vintage scotches and other spirits omakase-style, meaning uniquely tailored to your preferences. With only eight seats, this microbar creates an intimate setting within a space that once housed a speakeasy during Prohibition.

Game Room– Also located in the Loop within the Chicago Athletic Association Hotel, this 1950s inspired bar feels like it belongs in a mansion. Along with phenomenal cocktails, you can also find big leather seats, billiard tables, shuffleboard, and a bocce court. It’s the perfect spot to unwind, enjoy a beverage, and play some games.

Cabana Club– When you want to sip on a cocktail outdoors, this is the spot to head. The Cabana Club sits on top of the Robey Hotel and provides jaw-dropping views of downtown Chicago, along with mouth-watering cocktails. You can even take a dip in the pool located within the outdoor bar.

Treat your tastebuds and grab a libation at one of Chicago’s best cocktail bars!

Want a Chicago Condo Tour? 

With a global pandemic still in our midst, many questions and concerns remain, especially in the world of real estate.

While COVID-19 has disrupted some normalcy and regular processes, it has not prevented home buying or Chicago condo tours from taking place.

LLCR is Committed to Keeping its Clients Safe

Throughout the homebuying process, it is Luxury Living Chicago Realty’s utmost priority to keep our clients safe.

We have readjusted current procedures and adopted new procedures that minimize in-person contact to ensure our client and team member’s safety.

The beginning of the home search process can all be done virtually- from consultations to home tours.

Once you are ready to close on a property, processes like offering and signing can be done electronically. Escrows can be submitted via wiring, and inspectors can send you all of the documents digitally.

How LLCR is Providing Remote Tours

One of the most significant ways Luxury Living is adapting to COVID is our introduction of remote condo tours. 

Thanks to technology, we have been able to provide our clients with property tours without having to step foot outside their current homes.

Since mid-march, Luxury Living has begun offering remote tours to allow clients to experience 3-D tours of a majority of listings from the comfort of their own home. 

Our experienced brokers are available to walk you through the video tours in real-time to answer your questions and point out the benefits and features of each listing.

When permitted, we can Facetime you from the listing as well. There may also be instances where we can still physically tour a property, but those are determined on a case by case basis.

Through these remote tours, along with high-quality photos, videos, floor plans, and detailed descriptions, you can evaluate the condo and make confident decisions.

How to go About Scheduling a Tour with LLCR

If you are ready to take a virtual Chicago condo tour, you can connect with one of our licensed brokers to set up a consultation.

Once our team member has a solid understanding of your condo needs and preferences, they will set up tours of the listings you are interested in, based on your availability. 

You can expect your broker to help walk alongside and best navigate the buying process during this unprecedented time.

Using a Condo Home Inspection Checklist Before Moving

Moving into a condo is an exciting endeavor, but it is one that requires thoroughness and thoughtfulness.

Before you finalize your big condo purchase, be sure to take advantage of a condo inspections checklist.

What to Look for Before you Close on a Condo

As you prepare for the big move, it’s essential to have a detailed inspection checklist to run through. 

While everything may look good on paper, you don’t want to miss any potential problems or red flags.

Here are a few things you want to pay close attention to as you inspect your future home:

  • Exterior: While the homeowner association is generally responsible for the upkeep of the condo’s exterior, you want to ensure that everything looks properly maintained. Pay attention to the quality of the roof, landscaping, sidewalks, and condo details outside of the unit.
  • Interior: Make sure that the inside of the unit is in tip-top shape. Be attentive to the walls, flooring, and windows. Make sure that the shared walls provide adequate soundproofing.  
  • Electrical System and HVAC: A home inspector or electrician can check on the electrical and HVAC system in your unit to ensure that everything is working correctly before your move-in date.
  • Plumbing: Plumbing issues can be expensive, so it’s critical to confirm that pipes, toilets, and skinks are all in good shape prior to closing on your unit.
  • Common Areas: Check to see that all of the shared spaces are maintained. Amenities like fitness centers or pools should be clean and in good condition.

What Questions to Ask Before You Close on a Condo

Before closing on your condo, familiarize yourself with your future condo association’s rules and regulations.

It’s also important to ask any unanswered questions you may have. 

Here are a few common, and essential questions you should have answered before finalizing your condo purchase:

  • Do I fully understand the condo association fees? Make sure it’s clear how much your monthly dues will run and what exactly those costs cover.
  • Is there a condo special assessment? Find out if you will need to budget for an additional cost to cover a special assessment. These are fees allocated for the association’s reserve funds required by some condos.
  • What do I need to bring to the closing? Be prepared for the day of your closing. Double-check that you have everything you need to seal the deal.
  • Is there a rental cap? A rental cap is the maximum number of units in a condo development that be rented at any one time. If you do have any interest in renting your unit, you want to know if that is a possibility based on the condo association’s rules and regulations.

Things to Know About LLCR Condo Inspections

At Luxury Living Chicago Realty, our licensed brokers are there to walk you through the entire buying process, including the inspection.

We will help you ask all of the right questions and ensure that your property is move-in ready.

During COVID-19, condo inspections can be done remotely. Our inspectors will send all documents digitally, including detailed photos and descriptions so you know every inch of the property.⠀

For more questions or to move forward with your condo purchase, connect with one of our experienced team members today!

 

Dogs Living in Condos: Here’s What You Should Know

Are you in the process of finding a condo with your furry friend?

As dogs living in condos becomes more popular, it’s helpful to know how to make your condo compatible for you, your canine, and those around you.

Overview of What it’s Like for a Dog Living in a Condo

Transitioning pups to condo living doesn’t have to be a challenge, as long as you prepare properly.

While dogs don’t necessarily need a backyard of their own, they do require adequate exercise and outdoor space. It’s ideal to find a condo that provides easy access to a park or green space for exercising and playing with your pooch.

You also want to make sure that your condo is fully stocked with toys for your four-legged friend to enjoy, especially if you have a puppy in the house. This way, your pet has plenty of things to keep his or her attention.

While many condos are pet-friendly, pet owners should be prepared for the policies that come with having an animal in their unit. Condo buildings may enforce policies that involve screening pets or limiting the types of animals allowed to live in the building.

With condo living, it’s also important to remember that you share walls with your neighbors. Out of respect for those around you, training your pup beforehand will make the living experience better for you and others.

What Amenities may be Available for your Pet

You may be surprised by all of the dog-friendly amenities out there. 

While it’s common for condos to offer green space for you and your pup, some buildings even offer dog-specific parks just for the pets. These dog parks make an excellent way for dogs and their owners to befriend other neighbors.

Pet spas have also become a growing trend at luxury condo buildings. It’s not uncommon to find dog washing and grooming stations in your building to keep your pup squeaky clean.

LLCR Pet-Friendly Condo Offerings

Luxury Living Chicago Realty boasts an impressive portfolio of premier pet-friendly properties. We offer luxury condos throughout Chicago that offer high-end finishes and outstanding amenities for pets and owners alike.

With a better understanding of what it’s like for dogs living in condos, begin your search for the dream pet-friendly condo today.

You can browse our current listings online or connect with one of our experienced brokers to streamline the search!

What Chicago Condo Appreciation Means for You

There are quite a few factors that go into purchasing a condo. 

If you’re considering pulling the trigger on a condo in the Windy City, it’s essential that you feel confident moving forward with such a significant investment. 

Understanding Chicago condo appreciation is one way to put your mind at ease before committing to the big purchase.

What is Condo Appreciation?

As a homebuyer, you want to know that your potential property will appreciate, meaning an increase in value over time.

Ideally, if and when you ever re-sell your condo in the future, you would hope that you can profit and get more than what you paid for.

Condos can appreciate for a number of reasons, but the most significant factor is demand. Generally, the greater demand in a market, the greater the value of the property.

When it comes to finding a condo that will appreciate, you want to first start by looking at a promising real estate market. The state of the market directly impacts a property’s appreciation.

How the Chicago Market is Changing

When it comes to real estate, appreciation is local. While national trends can impact local markets, it’s important to understand the specific market that you’re considering buying in.

If you’re browsing the Chicago market, the good news is that the Windy City is considered a good spot for a real estate investment. The market is expected to continue heating up, thanks to its large population, diverse economy, and stable market.

The real estate appreciation rate in Chicago in the latest quarter was around 1.29%, which equates to an annual appreciation forecast of roughly 5% to 6%. While this percentage may seem small, even slight changes in the appreciation rate can change the long-term value of buying considerably.

The affordability and projected appreciation of Chicago homes are promising factors for prospective condo buyers.

What LLCR Condos Have to Offer

Luxury Living Chicago Realty boasts an impressive portfolio of Chicago condos throughout the downtown and surrounding areas.

Our luxury condos make a wise investment for any potential homebuyer. All of our properties offer a competitive location and top-notch features and amenities.

Additionally, Luxury Living team members can help you through the entire buying purchase to ensure you make a wise investment and take advantage of Chicago condo appreciation.

If you’re ready to find your Chicago condo, connect with one of our experienced brokers today!

 

What to Expect in Your First Year of Home Ownership

There are a lot of unknowns in your first year of owning a home. It’s hard to plan for every possible situation that may happen. The team here at Luxury Living Chicago outlined a few common events that they have seen over the years. Check out things to expect in your first ear of homeownership below:

Expect Ongoing Costs

Something is inevitably going to break. A good strategy is to build a rainy-day fund into your initial homebuying budget. Try to save around 2–5% of your purchase price per year to use for ongoing maintenance and upkeep.

Expect a Leak

Many homeowners face a costly, unexpected water-related repair in their first year. Blocked pipes, clogged drains, and damaged roofs and gutters are all commonly faced issues.

Expect To Do a Little DIY

If you have the time, tools, and talent, DIY projects will cut costs and add value. Prioritize projects that improve your home’s functionality and fit your personal style. Painting, installing new light fixtures, and lawn care are all simple ways to add personal touches to your new place.

Expect a New Disposable Income

The hidden costs of owning a home could affect how much money you have left each month after your bills are paid. Distinguish between your wants and needs early on so you can better adjust your spending plan.

Expect an Adjustment Period

Many first-time homebuyers experience a number of lifestyle changes. Whether you’re living on your own or with a partner, owning a home introduces new challenges and opportunities for growth. Give yourself time to get to know your new home and set realistic expectations.

Expect a Full Mailbox

Between the U.S.P.S. change of address package and local businesses, you can expect to get a number of coupons and catalogues for the first few months in your new home.

Expect To Make New Friends

Getting acquainted with your new neighbors is a good way to keep up-to-date with neighborhood news and expand your social circle.

Luxury Living Chicago is here every step of the way to help with your home buying process and new transition. Connect with the team today to start your search!

Work With Us

Get in touch with Luxury Living's team of experienced licensed real estate brokers and take the first step in buying or selling a home in Chicago.