Category: Blog

Understanding Condo vs. Townhouse Resale Value

Posted on by LLCR Staff

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!

 

Work with Luxury Living Team

Condo vs. Townhouse Insurance: What to Know

Posted on by LLCR Staff

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.

 

Work with Luxury Living Chicago

What to Buy? A Condo vs. Townhouse in Chicago

Posted on by Lindsay Huth

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

Posted on by LLCR Staff

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

Posted on by LLCR Staff

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

Posted on by LLCR Staff

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

Posted on by LLCR Staff

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

Posted on by LLCR Staff

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 

Posted on by LLCR Staff

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 Sunday– 3143 W Logan Square Blvd– This 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

Posted on by Katie Dickemann

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

Posted on by LLCR Staff

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

Posted on by LLCR Staff

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? 

Posted on by LLCR Staff

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

Posted on by LLCR Staff

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

Posted on by LLCR Staff

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

Posted on by LLCR Staff

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

Posted on by Katie Dickemann

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!

10 Steps to Buying Your First Home

Posted on by Katie Dickemann

Buying a home, either in Chicago or elsewhere, is a big step that involves a lot of financial and market research. There’s a whole new vocabulary of words and acronyms to learn. For mortgages alone, there are endless resources dedicated to the many details and varying types.

If you are just beginning the process, here is an overview of 10 steps to buying your first home.

  1. Ask yourself: are you ready to buy?
    • Be realistic about your long-term financial and personal goals to see if buying makes sense for you.
    • Start researching early, and take your time.
    • Get a sense of housing trends in specific areas.
    • Check your credit report and score
  2. Check your credit report and score
    • By law, you can get one free credit report annually. You can expect a good mortgage rate with a credit score at or above 720.
  3. Start gathering for a down payment
    • Historically, 20% was the benchmark for most individuals, but currently, down payments as low as 3% are common.
    • Determine how much you can afford before you start your home search, and remember to consider how much your monthly payments will be.
    • Start shopping for a home
  4. Find the right partners
    • Your real estate broker will be your lifeline. Take your time to find the right fit, and ask a lot of questions.
    • Finding the right lender is also important, so make sure to shop around before making your choice.
  5. Get pre-approved by a lender
    • A mortgage pre-approval means that a lender has looked into your credit history, income stability, and current finances, and is tentatively prepared to loan you money for a house.
    • A mortgage pre-approval is usually good for up to 90 days.
  6. Start shopping for a home
    • It’s important to not only be informed about new listings but to be able to see listings as soon as possible.
    • Our experienced brokers recommend seeing between three to five listings in one day.
    • If you see too many at once, specific properties may start to blend together.
  7. Make the offer
    • Every property is different, and therefore, every offer is different. A trusted agent will help guide you in the right direction based on the present market.
    • When making the offer, it’s a good idea to include all signed disclosures and your pre-approval letter.
  8. Get a home inspection and appraisal
    • A home inspection determines if there is any damage or issues with the home in need of fixing, while a home appraisal determines if the home is a good investment.
  9. Close on your new home
    • At closing, you sign all of the paperwork required to complete the purchase, including your loan documents.
    • It’s important to have a good mortgage broker and attorney who can advise you on what you need to bring and how much your closing costs will be.
  10. Move-in & consider various post-closing tasks
    • As you settle in, it’s helpful to think about tasks such as changing the locks, updating your address, and informing the necessary parties of your move.
    • Maintain an emergency savings fund to give yourself a comfortable cushion for any unexpected expenses.

Looking for a more in-depth guide? Click the button below for our First Time Homebuyer Guide!

Get the First Time Homebuyer Guide

Top 6 Benefits of Living in a Condo

Posted on by LLCR Staff

Condo living comes with its own unique set of perks. 

Whether you’re considering buying a condo, or you’ve already begun the search process, discover some of the benefits of living in a condo:

    1. Maintenance– One of the most incentivizing aspects of condo living, is the low maintenance associated with this type of housing. As a condo owner, you don’t need to worry about major maintenance projects, including mowing the grass, shoveling the snow, or keeping up with the exterior. The condo association takes responsibility for these tasks, alleviating time and stress for condo owners. Additionally, the association takes care of major repair issues within the units.
    2. Convenience– Many condos offer a central location with proximity to city living. Condo residents find themselves within walking distance of parks, grocery stores, retail shops, and restaurants. While much of what condo residents may need can be accessed by foot, plenty of condo buildings also offer parking and nearby transit options.
    3. Affordability- Condos are generally priced lower than single-family homes, which means you can get more bang for your buck, or you can keep more in your pocket. It is often easier to qualify for a condo. Condo insurance also runs resident less than those who own a single-family house. This is because the condo association’s master policy usually covers games to the building itself, including outdoor and common areas. 
    4. Amenities– Shared amenities attract many potential condo buyers. Why wouldn’t you want a pool, gym, and community clubhouse all just a few steps away from your home? Through association fees, condos are able to 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.
    5. Community- Condo living helps create a tight-knit community. With residents living close to one another, tt’s easy for neighbors to connect simply by crossing paths or when using shared amenities. Many families especially appreciate this sense of community that condos offer.
    6. Security– It’s not uncommon for a condo building to provide impressive security measures. While surveillance cameras are often a basic safety measure, many condos staff 24/7 security guards or doormen to keep an eye on the people coming and going. Living in close proximity to others also means that if there were an emergency, you’d have plenty of people to turn to.

There are clearly plenty of benefits of living in a condo. If you’re ready to find your dream condo, connect with one of our experienced brokers today!

 

Work with Luxury Living
 

Tips for Condo Safety

Posted on by LLCR Staff

With urban living constantly attracting more people, many find themselves asking ‘are condos safe?”, 

This housing choice enables families to embrace the convenience and adventure of city living. 

Condos come with less maintenance and costs than traditional single-family homes and open the door to tight-knit communities, incredible amenities, and easy access to anything your family may need.

General Safety Information for Condos

Safety is naturally one of the utmost concerns when it comes to choosing where to raise a family.

When it comes to condo safety, there are many measures condo developers set in place to provide residents security and peace of mind.

Regardless of the condo you’re considering you can expect basic safety features, including controlled access to all exterior doors and common areas, adequate lighting and landscape maintenance, a well-thought-out disaster plan, and appropriate door and window locks in all units.

Many luxury condo buildings also boast increased security offerings for residents. It is not uncommon for buildings to invest in trained security guards or an on-site building manager to track security issues and ensure timely repair to building issues.

You can also find many condo buildings complete with pre-wired burglar alarms to monitor common areas and individual units at all times.

Knowing Your Neighbors

The tight-knit community that condos create draws many families to this style of home. 

Living close to your neighbors makes it easier to get to know one another and look out for each other’s children and families. 

Sharing amenities and common space, such as parks and pools, provides even more opportunities to connect with other families living around you.

LLCR Security and Community Offerings

Luxury Living Chicago Realty boasts a diverse portfolio of luxury, family-friendly condos throughout the Chicago area.

All of our condos prioritize resident safety through various safety measures, including 24-hour surveillance, security guards, and the latest in-unit security features. 

The Lincoln Park neighborhood is a family-favorite, with easy access to plenty of green space, grocery stores, boutique shopping, and downtown access. 

West Loop has also become a hot spot for young families, with some of the best dining in the city. The trendy neighborhood has also recently welcomed plenty of new condo living with impressive tech-savvy security measures.

With a better understanding of condo living, we hope you no longer need to ask ‘are condos good for families?’

To learn more about the Chicago neighborhoods, or to find your family-friendly condo, connect with one of our team members today!

Buying a House During COVID

Posted on by LLCR Staff

While the world may be experiencing a lot of changes, you don’t have to put your home buying dreams on pause.

Thanks to technology and our team’s rapid response during COVID, Luxury Living Chicago Realty is making home buying a reality during heightened precautions and social distancing.

If you’re in the market to buy a home right now, discover what our home buying process looks like amid the Coronavirus:

  1. GAME PLAN: The very first step to finding your dream home is setting up a virtual consultation. We’ll use Google Hangouts or Facetime to connect over a video chat. During this meeting, we generate a custom plan to help you achieve your real estate goals. Afterward, you can expect a follow-up email with the plan and a timeline. 

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  1. HOME SEARCH: Once we lay out the game plan and everyone is on the same page, we will send you listings that match your criteria the moment they hit the market. One of the benefits of looking for a home in a large city like Chicago is that new properties are frequently listed.

 

  1. VIRTUAL TOURS: See a home you like? We will share and conduct virtual video tours of any homes you like. Our experienced brokers are available to walk you through the video tours in real-time, so we can 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.

 

  1. OFFERS & SIGNING: This can all be done electronically, and usually is!⁣ Once you find a home that you’re ready to buy, your broker will send you all the pages of the contract and addendums. You’ll sign them using an electronic-signature system, which is then sent back to the appropriate party.  

 

  1. ESCROW DEPOSIT: To secure your purchase, you can submit your deposit via wiring, or one of our team members can pick up a check for you⁣.

 

  1. INSPECTIONS: Our inspectors will send all documents digitally, including detailed photos and descriptions so you 100% know every inch of the property.⠀

 

  1. CLOSING: A mobile notary will bring the closing to YOU! ⁣⠀

 

  1. KEY TIME! We will hand-deliver your keys to you so you can officially move into your home!

Luxury Living Chicago Realty is committed to helping you safely find your dream home. If you’re ready to begin your home buying process, connect with one of our experienced team members today!

Top Dog Parks in Gold Coast Chicago

Posted on by LLCR Staff

The Gold Coast neighborhood is an amazing place for you and your furry friend to call home.

Discover the pet-friendly dog parks in Gold Coast, Chicago

Indoor and Outdoor Dog Parks 

You can your canine can spend the day at one of these top dog parks in and nearby the charming near North Chicago community:

Goudy Square Park– 1249 N Astor St- Located in the heart of Gold Coast, this public park is open to locals and canines alike. In 1991 the Chicago Park District created a custom-designed playground for this Gold Coast Park. It includes ornamental metal fencing, period light fixtures, brick paths, and a limestone and bronze drinking fountain.

Washington Square Park– 901 N Clark St- While there isn’t a designated spot for your dog to run around, this is a great outdoor area to walk your four-legged friend around on a leash. This gorgeous park remains a registered historic landmark that is better known by its nickname Bughouse Square. It was the most celebrated open-air free-speech center in the country as well as a popular Chicago tourist attraction.

Ohio Place Dog Park– 360 W Ohio St- This little gem of a dog park is located less than a mile from Gold Coast in the neighboring River North area. It is one of the largest designated dog parks in the city. Your pup can enjoy the long outdoor space, as well as a drink from the running water fountain. You can also find free street parking around the park. 

Nearby Dog-Friendly Areas

After spending the day at one of the Gold Coast dog parks, bring your four-legged friend to one of the many dog-friendly neighborhood joints.

Here are a few of our favorite spots to hang with your pup:

Juniper Spirits & Oysters: Claridge House, Gold Coast’s dog-friendly hotel, recently debuted this delicious seafood restaurant with a 25-seat patio. Humans and canines alike are welcome to enjoy the space and the excellent happy hour options.

Somerset: Take your pup to this swanky restaurant with a 90-seat patio and enjoy country club vibes with seasonal, All-American bites. The brunch scene is hard to beat here.

Bistronomic: After a stroll with your pet, treat yourself to some Sangria and baguettes at this authentic French bistro. When the weather permits, you and your furry friend can take advantage of the sidewalk seating and enjoy a relaxing afternoon.

With the weather warming up, it’s never been a better time to visit the pet-friendly dog parks in Gold Coast, Chicago.

Where to Find the Best Gold Coast Chicago Restaurants

Posted on by Katie Dickemann

Just blocks from Michigan Avenue, this neighborhood is filled with upscale restaurants for date night, casual eateries for you and your friends, and affordable, yet delicious, bites. Check out some of our favorite restaurants in the Gold Coast area! 

Best restaurants for casual dining with friends 

Somerset is a swanky restaurant filled with art deco designs and mid-century modern furniture, just right up the street from Mariano Park. Making brunch reservations is a must here, with an unbeatable ambiance, array of food and drinks, and highly-praised service, this spot books up fast! Another great restaurant for a casual day enjoying apps with friends is Luxbar. This two-level pub features outdoor patio seating and an upstairs lounge. At the corner of Rush and Bellevue, Luxbar is truly a great place for catching up while enjoying breakfast pizza or salmon sliders. Eduardo’s Enoteca is a cozy restaurant and wine bar serving Italian dishes that will easily impress your friends. Make sure to share a charcuterie board and crostinis while browsing their extensive wine selection during happy hour. This little slice of Italia just blocks from Lakeshore Drive is a must in Gold Coast! 

Best date night restaurants in Gold Coast

Nothing beats date night in an intimate and old-school setting like Gibsons Bar & Steakhouse. A wealth of history and a great atmosphere, this timeless restaurant offers food and service that is top-notch, just steps away from the happenings on Oak Street. The pianist keeps the mood and energies high, the atmosphere so grand it takes your breath away, and the oysters, lobsters, and steaks will make your mouth water beyond a doubt. Right up the street from Gibsons Bar & Steakhouse is Maple & Ash. With over 3,000 – 4.8 star reviews, Maple & Ash is another perfect spot for a night out with your significant other. Full of sleek and modern decor, attentive service, and complimentary cocktails, this pick is truly exceptional. If you’re looking for a little classic Italian, look no further than Carmines. This lively supper club is famous for its hearty portions of pasta and a vast selection of meats. In this cozy club, the Chef personally greets every table, leaving you with the most intimate and personal experience. After dinner, walk a few blocks down to Oak Street Beach for a stroll along Lake Michigan. 

Best affordable restaurants along State Street

If you’re looking for a fairly priced taco joint, make sure to try Velvet Taco. After hitting Michigan Ave, this unique twist on the traditional taco restaurant is a go-to for many locals. Right up the street from Velvet Taco is Lou Malnati’s Pizzeria. This pizza and pasta hub is known for its friendly service, great atmosphere, and affordable prices. Their pies have the perfect ratios of cheese, sauce, toppings, and crust… and will fill you up for days as one reviewer said “One deep-dish slice and you’ve been fed for a week!” Across the street from Lou Malnati’s sits Goddess and Grocer, a not-so-ordinary sandwich spot. Goddess and Grocer feature a fresh and creative menu full of sandwiches, wraps, salads, soups, and baked goods. The menu here has something for everyone, with selections inspired from regions all over the world. 

Best Bars in Gold Coast

Posted on by LLCR Staff

Right by the Lake Michigan shoreline, Gold Coast is known for being picture-perfect with its vintage homes, charming boutiques and dynamic bar scene. This historic area has everything from summer rooftop bars to cozy lounges to local spots with killer happy hours. Check out some of these Gold Coast go-to’s when looking for a fun night out!

Rooftop Bars in Gold Coast

If you’re looking for a beautiful rooftop spot with impeccable skyline and lake views, Devereaux is the place. Enjoy time with friends or lounge out and take in the city views by the swimming pool. Locals say Devereaux is one of the best spots if you’re not in the mood for a large crowd. Out and about shopping along Michigan Avenue? Make sure to check out Drumbar. This moody, yet energetic cocktail-focused rooftop bar sits atop the Raffaello Hotel and sheds astonishing views of Lake Michigan and the Hancock building. On a breezy summer day, head over to 3 Arts Club Cafe to chill out and enjoy the ambience. One of the most beautiful dining environments, this place gets an A+ when it comes to an unbeatable atmosphere. It has the look and feel of Restoration Hardware, making this a go-to intimate outdoor cocktail space. Oh, and make sure to request seating by the fountain!  

Cozy Bars and Lounges

The Berkshire Room is a quaint spot, nestled in the first floor of a hotel. This super classy and cool bar lets you create your own cocktail based on your flavor profile. It’s dimly lit with an elegant design, making it the perfect starting spot for date night. If you’re looking for more of a low-key vibe with an upscale twist, check out Eight Bar and Patio. This elevated bistro has an array of wines and signature cocktails that do not disappoint. Zebra Lounge is a fun little piano bar with live music and a great atmosphere. A perfect night cap, this hidden gem is deemed as a Chicago classic by locals. If you’re looking for good vibes and bartenders who know their craft, Le Bar is your place. Rewind from the day on the couch next to the fireplace after ordering from their extensive whiskey selection or elegant cocktail menu. 

Best Happy Hours in Gold Coast

Small, dark, and vintage — this next pick gives you all the “speakeasy” vibes. Sparrow is an intimate bar with vintage music and boasts some impressive happy hour deals. On Monday-Friday 4-7pm, get 1/2 off wine and drafts and enjoy $5 daiquiris every Monday! Luxbar is also another great spot when it comes to searching for a Gold Coast happy hour. Order yourself a $5 wine with a side of truffle fries because what’s a better combo? Also, make sure to peruse their specialty cocktail menu too, as locals say those are a solid pick. Reasonable prices can sometimes be hard to come by in Chicago, but Doc B’s proves that statement wrong. This is a frequent happy hour spot by Gold Coast residents because of its modern and fun vibes. Located near Michigan Avenue, this spot is very convenient to enjoy some food and drinks while not breaking the bank in downtown Chicago.

Work Out at the Top Gyms in the Loop Chicago

Posted on by LLCR Staff

As the hub of downtown Chicago, the Loop is highly concentrated with any amenity you could think of, including gyms. 

From state-of-the-art fitness centers to boutique yoga studios, you can easily find a gym to fit your fitness preferences.

If you’re looking for of a spot to workout, discover the variety of studios and gyms in the Loop, Chicago:

Lakeshore Sports & Fitness– 211 N Stetson Ave- Located right between the Chicago River and Millennium Park, this fitness center offers the traditional gym experience. Members have access to a variety of fitness equipment and workout space. The center boasts a large pool, basketball court, racquet courts, golf simulator, and climbing wall, and an impressive kids center.

Equinox– 200 W Monroe St- This high-performance fitness club, situated on the west side of the Loop, delivers the ultimate workout environment. You can expect a fully equipped gym, steam room, saunas, luxury locker rooms, laundry serves, group fitness classes, and much-needed massages.

Orangetheory– 155 N Michigan Ave- If you’re looking for a structured and high-intensity workout, consider joining orangetheory. This boutique fitness studio franchise, at the northwest corner of Millennium Park, specializes in 1-hour, full-body exercises, focused on your own individual heart rate zones. Before committing, you can also try a free one-hour workout.

CorePower– 100 N La Salle St- As one of the most popular high-intensity yoga in the Windy City, CorePower delivers the perfect combination of mental and physical endurance. Whether you’re looking for a detoxifying hot yoga class or a beginner-friendly full-body flow, members can choose between a variety of classes.  The Loop location does not require appointments beforehand- just be sure to arrive 15 minutes before a class if you’re a new member.

SoulCycle– 111 W Wacker Dr- Situated near the northwest corner of the Loop, this in-demand fitness center boasts high-intensity cardio indoor cycling classes. Members ride together for 45 minutes as a pack in candlelit studios to the rhythm of one-of-a-kind playlists. Classes can fill up fast, so be sure to sign up at the beginning of the week. 

First Ascent Climbing and Fitness– 108 N State St-  Located within Block 37 on the fourth floor, this climbing, yoga, and fitness center offers a dynamic workout experience. Whether you’re an experienced climber or a first-timer, First Ascent provides a wide range of bouldering routes, as well as regular climbing classes.

Get your sweat on at one of these top gyms in the Loop, Chicago!

Looking for Unique Shopping in the Chicago Loop? We’ve Got You Covered

Posted on by LLCR Staff

As Chicago’s downtown hub, the Loop never has a shortage of things to do.

Along with plenty of incredible attractions, dining, and nightlife, the unique shopping in the Chicago Loop also draws in visitors and residents alike.

South Loop’s Best Places to Shop

If you’re a strategic shopper and prefer to hit as many shops in one trip as possible, spend a day strolling along State Street. 

From Randolph Street south to Congress Parkway, this infamous street is lined with countless popular shops.

By World War I, seven of the world’s largest and most lavish department stores were competing for shoppers’ loyalties along this half-mile stretch.

Eventually, Michigan Avenue eclipsed this shopping destination; however, State Street remains home to many favorite stores, including Macy’s.

This shopping district has also become a haven for bargain hunters. Many discount stores are concentrated in this area, such as Nordstrom Rack and TJ Maxx.

For an indoor shopping experience, be sure to spend a day at Block Thirty Seven. Here you can find an assortment of retail stores like Banana Republic, Anthropologie, Sephora, and the Disney Store all under one roof.

If you’re on the search for some fine jewelry, be sure to take advantage of Jeweler’s Row along the Wabash Avenue El tracks. It may not be quite as impressive as the Big Apple’s diamond district, but it’s still a promising spot for rock hunters. Half a dozen high-rises service the wholesale trade, but 5 S. Wabash Avenue opens its doors to customers off the street. 

Where to go After Shopping in South Loop

Once you’ve shopped ‘till you dropped, treat yourself to a relaxing activity or a nice meal afterward. 

During the chillier seasons, enjoy a movie at the AMC Theatre within Block Thirty Seven. If you feel like braving the cold, spend the evening ice skating at the Maggie Daley Park,

When the weather’s nice out, take advantage of all of the outdoor attractions that the Loop offers.

Take a stroll through the legendary Millennium Park where you can take pictures by the Bean, play a round of mini-golf, or see a show at Wrigley Square. 

You can also pop into Cindy’s Rooftop for a hand-crafted cocktail and unprecedented views of Millenium Park at the Chicago Harbor.

When it’s time for dinner, chow down on a classic deep dish pizza at Giordano’s, or enjoy a classier seafood meal along the Chicago River at Catch 35.

The upbeat vibes and unique shopping in the Chicago Loop ensures a good time for any shopper.  Start planning your visit today!

The Best Spots for Clothing Shopping in South Loop

Posted on by Katie Dickemann

If your wardrobe needs some extra attention, spend a day clothing shopping in South Loop. 

Whether you live in the area, or you plan on visiting, take advantage of the impressive selection of retailers that this vibrant Chicago neighborhood offers.

Roosevelt Collection Shops remains one of the community’s hot spots to shop until you drop. This modern open-air shopping center boasts an incredible number of clothing shops, making it easy to hit up multiple stores on foot.

The shopping center is home to many household brands, including Banana Republic, Nordstrom Rack, H&M, Old Navy, LOFT, Francesca’s, and Victoria’s Secret. Along with plenty of clothing stores, you can also find a movie theatre, restaurants, and other retailers within the Roosevelt Collection to accommodate different shopping needs.

For those looking for retailers off the beaten path, check out the South Loop boutiques. 

Right down the road from the Roosevelt Collection Shops, along Michigan Avenue, you can find A’nies Accents. This upscale boutique strives to deliver a uniquely curated collection of female clothing for all of your high-fashion needs. Feel free to stop by during normal business hours or make a private appointment with an in-store stylist.

Also located on Michigan Avenue, Flaunt provides another boutique option for your unique fashion needs. This cozy shop carries gorgeous clothes and accessories to spice up your closet. Stay tuned for the store’s frequent events, including purse swaps and trunk shows.

Minutes north of South Loop, you can find plenty more shops scattered throughout the Loop. These stores are easily accessible by foot, public transit, or shared rides.

If you’re interested in finding a home near the top-notch shops in South Loop, connect with one of our experienced brokers to help you through the process today!

In the meantime, step up your style game and experience the clothing shopping South Loop has to provide!

 

Looking for the Best Restaurants in the Chicago Loop?

Posted on by LLCR Staff

If you need some ideas for brunch, lunch, or dinner in the Chicago Loop, we have a few for you! 

Walking Distance to all the Happening

Let’s be real, some meals are just a pregame to all the fun to be had in the Loop.

Near the Chicago Riverwalk is Ocean Prime, an award-winning Modern American restaurant and lounge. After devouring their Surf’N’Turf with a cocktail or two, take an afternoon stroll along the Riverwalk or schedule an Architecture Boat Tour. 

In the Modern Wing of The Art Institute of Chicago sits Terzo Piano, a must-stop for lunch. Terzo Piano features fresh Italian dishes with local, organic, and sustainably produced ingredients. After roaming one of the largest art museums in the United States, head across the street to Millenium Park and snap a picture at Cloud Gate (The Bean). 

If you’re out and about shopping at Block 37, make sure to stop by The Dearborn for a bite to eat. Just around the corner from the shopping center, this stylish American hangout serves anything from Italian dishes to burgers and seafood — and all are to-die for.

Romantic Dinner Spots

Breathtaking views, dimly lit interiors, and fine dining at your service.

Throw on your nicest outfit, we’re going to Everest. This world-renowned restaurant with personalized French cuisine sits 40 stories above Chicago, giving you the most amazing views of the city. Make sure to try their sea bass or venison, both are out of this world!

Melt-in-your-mouth steaks, highly reviewed Old Fashions, and 1920’s inspired interiors… need we say much else? Prime and Provisions is a steakhouse that offers classic fare in a luxurious setting with marble bars and a patio for cigars. Your date will not be disappointed with this pick!

If you’re looking for a speaky-type restaurant vibe, make sure to head to Cherry Circle Room. This award-winning space has been completely reimagined, blending its historical roots with modern design elements. With an acclaimed wine list and impressive seafood tower, this needs to be one of your top contenders for date night.

Brunch The Day Away in South Loop

A casual breakfast or lunch spot on Saturday cheersing mimosas? Count us in!

Grab your friends and head to 312 Chicago. This Italian brunch spot will definitely be the highlight of your Saturday morning plans. Specialty coffee drinks here allow you to start your day off on the right foot and their crafted brunch menu really hits the spot! 

Industrial-chic Land & Lake Kitchen is a staple brunch spot. With an elevated twist on the classic mom-and-pop style dining, Land & Lake Kitchen will be your go-to spot for mid-century brunch vibes.

Cochon Volant Brasserie has one of the dreamiest interiors — round bistro tables, mosaic-tiled floors, and quaint patio seating with umbrellas. This french bistro serves a drool-worthy benedict brunch that’s highly raved about. Oh, and don’t forget to order yourself a bloody mary, too! Your friends will really love this place.

 

Where to Find the Best Taco Restaurants in South Loop

Posted on by Katie Dickemann

There’s nothing like that perfect taco- except maybe when that perfect taco is accompanied by a margarita.

If you’ve been on the hunt to find a quality city taqueria, look no further. Our team has gone ahead and narrowed down the best taco restaurants in South Loop:

Flaco’s Tacos– 725 S Dearborn St- For all of those happy hour fanatics, be sure to take advantage of this restaurant’s killer Taco Tuesday specials. You can enjoy $1 specialty tacos, with new recipes introduced weekly, and wash them down with $3 sangrias. The taqueria also boasts other awesome food and drink discounts throughout the week.

Aztec Dave’s– 150 S Wacker Dr- If you’re looking for tacos on the run, make a pit stop to this family-run food truck serving premium Mexican food. Taco Tuesdays are always full of discounted tacos. Follow their social media for the latest specials.

First Draft– 649 S Clark St- Along with killer draft beer, this sports bar also boasts some pretty impressive tacos. Monday nights, you can order a trio of tacos for six bucks. If not everyone in your group is in the mood for tacos, rest assured that the menu is full of other quality comfort food.

Taco Maya– 823 S State St- This laidback taco joint makes for the perfect spot to chow down on tacos with family or friends. The menu offers every type of taco meat and topping you could imagine, as well as other excellent Mexican dishes.

La Cantina– 1911 S Michigan Ave- If you’re looking for the quintessential Mexican dining experience, this is your spot. Along with a cozy and colorful vibe, the tacos are delicious and generously portioned. You can also choose from an extensive list of fruit-flavored margaritas to go with your meal. Monday through Thursday, from 2 to 4 pm, stop by for half-off select apps.

Spanglish Mexican Kitchen– 555 S State St- This contemporary counter-service eatery, located within the University Center, makes it quick and easy to grab some mouth-watering tacos. If you’re in the mood for seafood, the fish tacos remain a local favorite on the menu. 

Whether you call South Loop or you’re just in the neighborhood, be sure to treat yourself to some tasty tacos at one of the highly-praised joints. We promise the taco restaurants in South Loop won’t disappoint.

Our 8 Favorite Downtown Chicago Bars

Posted on by LLCR Staff

The Windy City is packed with unique spots to gather for drinks. Discover eight of the hottest downtown Chicago bars:

Fight Club– 111 Wacker Dr- When you and friends are looking to get creative with the evening, spend your night out over a few rounds of drinks and high-tech darts. Munch on light seafood bites at happy hour prices Monday through Thursday, 4 pm to 6 pm. This chic bar is situated right in the Loop along the Chicago River.

Ace Bounce– 230 N Clark St- Located directly below Fight Club, this one-of-a-kind bar offers even more adult beverages and exhilarating games. Choose to play traditional ping pong, futuristic wonderball, or old-school beer pong. Monday through Friday, from 4 to 6 pm, you can enjoy a wide selection of deals on liquor, beer, and grub.

Cindy’s– 12 S Michigan Ave- If you’re looking for incredible drinks and equally impressive views, you have to stop by this iconic Chicago bar. Therooftop lounge, located along Michigan Avenue within the Chicago Athletic Association, is known for its undisturbed views of Millenium Park and the Chicago Harbor. 

SafeHouse– 60 E Ontario St- When you step inside this bar, you enter the secret world of a spy. Your mission begins when you pass the ultimate test of locating the red door. From there, you can enjoy hearty meals, signature-themed cocktails, and even more covert operations.

The Signature Room– 875 N Michigan Ave- 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.

Three Dots and a Dash– 435 N Clark St- This speakeasy tiki-bar, tucked away in an alley, is hard to compare to any other Chicago bar. With over 200 rums, luau bites, and Polynesian decor, this funky slice of paradise will have you forgetting you’re still in the Midwest. 

Bub City– 435 N Clark St- This vibrant spot operates as a barbeque restaurant by day, and honky-tonk by night. Spend your evening sipping on some whiskey and jamming to live country tunes. Take advantage of the daily drink and food specials from 3 to 6 pm. 

Offshore– 100 E Grand Ave- As the nation’s largest rooftop venue, Navy Pier’s brand new rooftop bar is sure to make your jaw drop. Soak up the panoramic views of Lake Michigan and the city skyline with a drink in hand and a chef-driven Californian cuisine on your plate.

Stop by these downtown Chicago bars for delicious drinks and a guaranteed good time!

If you’re in the hunt for a downtown Chicago home, connect with one of our licensed brokers today!

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