7 Small Condo Kitchen Ideas

Small condo kitchens can be a challenge when it comes to designing and decorating, but with the right ideas and strategies, they can also be beautiful, functional, and efficient. Here are some small condo kitchen ideas to inspire your next renovation or remodel.

7 Small Condo Kitchen Ideas

  1. Maximize Storage: Make use of every inch of space by installing smart storage solutions like pull-out pantry shelves, cabinet organizers, and under-cabinet lighting. This will keep your kitchen clutter-free and organized, making the most of your limited space.
  2. Go Vertical: Take advantage of vertical space by adding floating shelves or a tall pantry cabinet. This will give you more storage without sacrificing valuable floor space.
  3. Invest in Multifunctional Furniture: Furniture that serves multiple purposes is a must in small kitchens. Consider adding a kitchen island that can double as a breakfast bar or a dining table that can be tucked away when not in use.
  4. Use Light Colors: Light colors, such as white, cream, or light grey, can make your kitchen appear larger and brighter. Combine light colors with reflective surfaces, such as glass or stainless steel, to maximize light reflection and create a spacious feel.
  5. Get Creative with Lighting: Proper lighting is key in any kitchen, but especially in small kitchens. Consider installing pendant lights over your kitchen island, under-cabinet lights to brighten countertops, and task lighting over your sink or stove.
  6. Consider an Open-Concept Design: An open-concept design can help make your small kitchen feel larger and more connected to the rest of your home. Remove any walls or partitions that separate the kitchen from the living or dining areas to create an open and airy feel.
  7. Keep it Simple: Small kitchens can often benefit from a minimalist design. Stick to a few key pieces of furniture and minimize clutter to keep the space feeling open and spacious.

By incorporating these small condo kitchen ideas, you can transform your cramped kitchen into a beautiful and functional space that meets all of your needs. With a little creativity and the right design choices, you can have a small kitchen that is both stylish and practical.

Looking for more small condo design ideas? Check out our guide below!

Small Condo Design Ideas

How to Make Sure Pipes Don’t Freeze in Your Chicago Condo

Frozen pipes can pose a huge issue for Chicagoans in the wintertime, especially for those looking to travel during the holiday season. Follow these tips to avoid problems and know how to make sure pipes don’t freeze in your home.

How to Make Sure Pipes Don’t Freeze in Your Chicago Condo

  1. Pay attention to the weather forecast. Know when temperatures are expected to drop below 32 degrees Fahrenheit so you can prepare. These freezing temps put indoor and outdoor pipes at risk of freezing.
  2. Keep the thermostat above 55 degrees at all times. Even if you’re heading out of town, don’t let your condo get below this temperature. This will help keep your bill down while also protecting your pipes.
  3. Disconnect external hoses or exposed pipes outside your unit. This allows water to drain from the supply line, preventing an overnight freeze from bursting either the faucet or the supply line.
  4. Open cabinets under kitchen or bathroom sinks when temperatures reach freezing. This is especially important if the cabinets are located against an outside wall. It will enable warmer air to circulate around the pipe. You can also set a small lamp with an incandescent bulb near the pipes. If you do this, be sure to remove anything flammable from the area.
  5. Keep faucets dripping during a hard freeze. There are a few ways this step can help prevent broken pipes. First, running water will help generate some heat. Although this doesn’t guarantee a pipe won’t freeze, it certainly helps. The open faucets also relieve pressure, which means even if some water freezes, it will be less likely to burst the pipe. Make sure to drip both hot and cold water because even water from the hot water heater can free quickly after leaving the heater. 

When freezing temps hit, the condo association is responsible for shared plumbing that owners and tenants are not responsible for. However, it is on you to take steps to prevent pipes from freezing within your own unit. These precautions can help save you unnecessary time, money, and frustration.

A single frozen pipe can result in a ton of damage and consequent costs — It’s not worth the risk.

Now that you know how to make sure pipes don’t freeze, you can feel confident moving into the chilly months! If you are looking to buy a Chicago condo this winter, reach out to Luxury Living. Our experienced team of brokers would love to help you find your dream place.

For more ways to keep your condo in top shape this winter, click the button below.

Winter Preparation Checklist

How to Prepare for a Blizzard at Home

If you’re looking for how to prepare for a blizzard, you came to the right place.

Blizzards can be incredibly dangerous and disruptive, with strong winds, heavy snowfall, and low visibility making travel and everyday activities difficult or impossible.

Preparing for a blizzard in advance can help you and your loved ones stay safe and comfortable during the storm. Here are some tips for preparing for a blizzard at home.

How to Prepare for a Blizzard

  1. Stock up on essentials: Make sure you have enough food, water, and other essentials to last for several days in case you are unable to leave your home. This includes non-perishable food items, as well as bottled water, batteries, flashlights, and any medications you or your family members may need.
  2. Insulate your home: Seal any cracks or gaps in your windows and doors to keep cold air out and warm air in. This will help keep your home warmer and reduce the strain on your heating system.
  3. Prepare your heating system: Make sure your furnace and chimneys are clean and in good working condition, and ensure that you have enough fuel to keep your home warm during the storm. Consider having backup heating options such as a fireplace, wood stove, or portable heater.
  4. Gather emergency supplies: Have an emergency kit ready with essentials such as blankets, extra warm clothing, and a first aid kit.
  5. Have a plan for communication: Make sure all family members know how to contact each other, and have a plan for checking in if you become separated during the storm.
  6. Check on your neighbors: Blizzards can be particularly hard on the elderly and disabled, so be sure to check on your neighbors to make sure they are okay, and offer to help if needed.
  7. Keep updated on the weather forecast: Stay informed about the storm’s progress, and be prepared to adjust your plans accordingly.

By following these tips, you can help ensure that you and your loved ones stay safe and comfortable during a blizzard. Remember, it is always better to be prepared for the worst, and hope for the best.

Be sure to check with your local authorities for any specific recommendations for your area, and always follow any evacuation orders issued by officials.

For more ways on preparing your home for winter, follow the link below!

Winter Preparation Checklist

How to Test a Smoke Detector to Keep Your Condo Safe This Winter

More house fires happen during the winter than any other time of the year. Prepare to keep your home safe by testing your smoke detector ahead of this season. 

We will walk you through a step-by-step process of how to test your smoke detector, replace batteries, and prevent a fire.

How to Test a Smoke Detector

According to the U.S. Fire Administration (USFA), smoke detectors should be tested at least once a month and batteries should be replaced at least once or twice a year. A chirping detector also indicates that the device is low on juice.

To test your alarm, follow these basic instructions:

  1. Alert anyone in your home beforehand. When active, smoke detectors make a very high-pitched noise and may frighten some, especially small children.
  2. Station someone else at the furthest point from the alarm in your home. This ensures the alarm can be heard throughout the entire house. You may want to install additional detectors where the sound is low or muffled.
  3. Press and hold the button on the smoke detector. It may take a few seconds to start, but you should soon hear the device making a loud, ear-piercing siren. If the sound is weak or nonexistent, replace your batteries.

If you need additional guidance on replacing your smoke detector’s batteries, keep these simple steps in mind:

  1. Gently move the cover or unclip the body of the detector from its base with a slight twisting motion. Inside, you will find three main parts: the sensing chamber, a loud horn, and a battery (and, in some cases, house voltage power source).
  2. Unclip the old battery from its holder. Most detectors utilize a 9-volt battery—use a brand new lithium 9-volt battery as a replacement. Be sure the male and female terminals are properly oriented and connect soundly with the base.
  3. Snap the cover shut or lock the body of the smoke detector back into its base.
  4. Press the test button on the detector’s surface to ensure the battery is working. When the button is pressed, the detector should beep or chirp.

Specific instructions on battery replacement or tests may vary depending on your smoke detector. So, be sure first to find your manufacturer’s instructions. If this physical guide is long gone, don’t fret. Try searching online. 

Also, note that the normal life span of a smoke detector is around a decade. This will also be indicated in the manufacturer’s guide.

Learning how to test a smoke detector will help keep you and your home safe! 

Looking to buy a Chicago condo this winter? Reach out to Luxury Living and let one of our experienced brokers help you find a cozy place to call home!

For more ways on how you can prep for the winter months, click the button below.

Winter Preparation Checklist

How to Prep Your Condo Patio for Winter

Chicagoans have a love-hate relationship with many things: our sports teams, our lake, and, perhaps most prominently, winter itself. On one hand, winter offers a welcomed respite from the incessant activity and socializing of summer. It’s a cozy time of year that evokes hangouts by the fireplace and the skyline glistening in the snow.

On the other hand, winter also implies some inconveniences like additional traffic and higher gas bills. If you’re a condo owner, increased use of your (hopefully indoor!) parking facility and need to winterize your outdoor areas are highly-important to-dos once the cold weather rolls around.

How to Prep Your Condo Patio for Winter

If you’re lucky enough to have a patio as part of your condo space, there are a few steps you’ll need to take to ensure your outdoor area “hibernates” properly and is ready for spring. We recommend:

  • Removing any leaves or debris from the patio floor. This step will keep that debris from freezing to the ground and impacting the integrity of the cement, wood or other material that forms the floor.
  • Adding sealant to any stone ground work. Sealants are designed to protect against salt and other harsh winter conditions, which will keep your area safe and looking beautiful come springtime.
  • Storing your patio furniture, if possible. If your condo building comes with a storage space, allocating that area to your furniture is well worth-it to keep it out of the elements and cold.
  • Cleaning and covering your furniture if storage isn’t possible. If storage isn’t possible, the next-best option is to clean debris from your patio furniture and cover it, ideally with covers or tarps that are as fitting to the furniture as possible.
  • Remove plants or bring them inside. While greenery adds a beautiful touch to an outdoor space during non-winter months, keeping your plants inside when it’s cold will keep them (and you!) happier.
  • Check on the area periodically throughout the season. As tempting as it is to stay indoors throughout the winter, check on your patio throughout the season to make sure all of your winterization efforts are still intact.

Interesting in learning more ways to prepare your home for the winter months? Click the button below!

Winter Preparation Checklist

How to Make Your Home More Energy Efficient Before Winter

Are you looking for ways to decrease your spending and increase your efficiency? Doing an energy audit ahead of the wintertime can help you save on gas AND money when winter weather rolls around.

Check out this step-by-step overview on how to make your home more energy efficient.

1. Complete a Quick Audit

The first step is assessing your home’s current efficiency and determining improvement opportunities.

You can certainly conduct an audit on your own or you can schedule a professional energy audit to ensure you don’t miss or overlook anything.

If you opt to complete this step independently, consider following an already-completed DIY home energy audit checklist.

Regardless of the outcome of your audit, there are easy considerations and fixes before fall is over.

2. Locate Air Leaks

This may be the most obvious step when it comes to energy efficiency, but it is a super critical step nonetheless. Reducing drafts in your home may save you 10 to 20 percent in energy bills a year; plus, it will make your home much more comfortable!

For starters, make sure all windows and doors are properly sealed to keep the heat in and cold out.

There are also less-obvious spots where air may be escaping, inside and outside of your home. Don’t miss inspecting the following for cracks or gaps that could lead to air leaks:

  • Exterior corners
  • Outdoor water faucets
  • Where siding and chimneys meet
  • Electrical outlets
  • Switch plates
  • Baseboards
  • Electrical and gas service entrances
  • Weather stripping around doors
  • Fireplace dampers
  • Wall- or window-mounted conditioners
  • TV and phone lines
  • Where dryer vents pass through walls
  • Vents and fans

As soon as you locate leaks, you can begin sealing. Plug and caulk holes or penetrations for faucets, pipes, electric outlets, and wiring. Look for cracks and holes in the mortar, foundation, and siding, and investigate leaks around windows and doors. Seal them with the appropriate material. If you need more guidance, read up on how to choose weatherstripping or more about caulking.

3. Check Insulation Levels

Poor insulation levels can lead to a significant loss of heat through your home’s floor, ceilings, and walls. This is typically a more common concern with older properties.

If you want to avoid removing large portions of drywall from your walls, check out ways to easily and non-invasively inspect your home’s insulation.

Additionally, consider replacing old or inefficient windows if it’s been a while. This will help improve the insulation of your home.

4. Inspect HVAC Systems and Equipment

Routine maintenance on your heating and cooling system can help your equipment last longer while saving you energy and money. 

Be sure to clean your air conditioning filters and change your furnace filters about once a month.

If your HVAC system could use an upgrade, consider investing in higher energy-efficient equipment, which could save you 65% of energy.

Programmable thermostats can also reduce a considerable amount of energy, especially if used intentionally. This is especially great if you leave your house forgetting to turn the heat down or off but realize it after the fact.

Now that you know how to make your home more energy efficient, make this your most cost-effective and energy-efficient winter yet!

For more tips on preparing your home for the winter months, follow the link below.

Winter Preparation Checklist

The Effects of Inflation By U.S. City for 2023

Regardless of where you reside, you have likely felt the effects of inflation over the past few years. All across the nation, we’ve seen prices rise across industries. 

In 2022, the national inflation rate was higher than it had been since the early 1980s. According to the Bureau of Labor Statistics, the annual inflation rate in May was 8.6%, its highest level since 1981, as measured by the Consumer Price Index (CPI). Other inflation metrics also have shown significant increases over the past year or so, though not quite to the same extent as the CPI.

However, at the end of the year in October 2022, the Consumer Price Index rose much slower than expected, indicating that inflation is headed in the right direction. This led to a dramatic increase in the stock market and hope for the Federal Reserve. 

It looks like inflation is slowing down in 2023, but unfortunately not entirely out of sight or mind.

All that said, inflation isn’t impacting every place the same. Let’s take a closer look at the effects of inflation on major U.S. cities and how they specifically compare to the Windy City.

Chicago Inflation

Chicago inflation mirrored the national trend when it reached a 40-year high last summer. In June 2022, the Windy City hit 9.1 percent, which took a hit on consumers and businesses alike. Costs for food, labor, rent, gasoline, and food rose dramatically.

Over the past year, Chicago’s Consumer Price Index for All Urban Consumers (CPI-U) increased by 6.8 percent. However, since the heat of summer, inflation is cooling down even more than expected, easing some consumer concerns. The most recently reported CPI-U inflation rate for Illinois is 7.1 percent

According to the U.S. Bureau of Labor Statistics, prices in the Chicago area were down 0.6 percent over the past month but up 6.8 percent from a year ago.

Let’s take a look at some of the current living expenses for an average Chicagoan:

  • Basic monthly utilities: $164.26
  • Internet: $65.48
  • Monthly minimum for food: $385.28
  • Gasoline per gallon: $4.41
  • Monthly pass for public transit: $80

The price per square foot to buy an apartment in downtown Chicago is $382.14

New York Inflation

The Big Apple has always been known as one of the most expensive places to call home. So, inflation hasn’t made affording a New York lifestyle any easier.

At this point, New York is considered the second priciest city in the United States.

Reports indicate that the soaring prices for rent, meals, and everything else in NYC are pushing younger workers to seek more affordable cities. According to the U.S. Census Bureau population estimates, New York lost more residents than any other state between April 1, 2020, and July 1, 2021.

However, this month has also provided hope for the city. According to a recently released New York Fed Survey, the one-year inflation outlook declined to 5 percent, the lowest level since July 2021. Household spending expectations tumbled an entire percentage point to 5.9%, the lowest level since January 2022.

Consumers expect gas prices to increase 4.1% and food prices to rise 7.6% over the next year, in both cases a 0.7 percentage point decline from the previous month.

Living in New York City, you could expect to spend the following based on averages:

  • Basic monthly utilities: $183.83
  • Internet: $70.04
  • Gasoline per gallon: $4.08
  • Monthly pass for public transit: $129

A whopping $1,372.51 is the average price per square foot to buy a home in downtown New York City. That is almost four times the cost of purchasing a place in Chicago.

Los Angeles Inflation

The City of Angels has always come at a cost. As the second largest city in America, many people pay a premium for the city’s amazing weather, attractions, culture, and more.

Not surprisingly, inflation has made LA living even more of a financial stretch. Last year, LA also experienced inflation rates higher than it had been in forty years.

In November of 2022, Los Angeles felt a sense of relief when the local inflation took the largest one-month drop in a decade. However, the local CPI is still up an unhealthy 6% in a year, a modest improvement from 2022’s 8.6% inflation high.

Here are some of the average and common LA living expenses:

  • Basic monthly utilities: $144.95
  • Internet: $67.69
  • Gasoline per gallon: $5.46
  • Monthly pass for public transit: $99.50

If you’re trying to purchase a home in downtown Los Angeles, prepare to pay around $852.25 per square foot.

San Francisco Inflation

The Bay Area is another area that will cost you a pretty penny.

A new report by the Economist Intelligencer Unit recently ranked San Francisco as one of three U.S. cities ranked as the most expensive in the world amid rising inflation and cost of living.

Toward the final months of 2022, area prices were up one percent and 6 percent from the previous year. Currently, the cost of living in San Francisco is 38 percent higher than the state average and 96 percent higher than the national average. 

Let’s break down some of those specific expenses:

  • Basic monthly utilities: $251.24 (24 percent higher than the national average)
  • Internet: $68.06
  • Gasoline per gallon: $6.19
  • Monthly pass for public transit: $88.50

Housing here will really cost those looking to buy. It’s 238 percent more expensive than the U.S. average, with the price per square foot to buy a city apartment at $1,074.84.

Boston Inflation

According to research conducted by Beacon Hill Institute, the inflation rate in Massachusetts is outpacing the country in several key categories, including gas, used vehicles, and electricity.

The U.S. Bureau of Labor Statistics indicates that prices in Boston, Massachusetts are seven percent higher in 2022 compared to  2021. That’s a $1.40 difference in value. This historic rise is partly attributed to growing housing and motor vehicle costs.

The rise in inflation also explains the expensive cost of living:

  • Basic monthly utilities: $183.55
  • Internet: $60.02
  • Gasoline per gallon: $3.80
  • Monthly pass for public transit: $90

Prospective homeowners can expect an average cost of $1,022.99 per square foot to buy a home in downtown Boston.

D.C. Inflation

A new study by WalletHub indicates that the D.C. region is seeing some of the highest levels of inflation in the country. Currently, the D.C./Arlington/Alexandria region is ranked 21 nationwide.

D.C. experienced an increased inflation rate of 6.5% in 2022 compared to the prior year.

Check out some of the average costs associated with D.C. living that have been affected by inflation:

  • Basic monthly utilities: $159.71
  • Internet: $75.65
  • Gasoline per gallon: $3.78
  • Monthly pass for public transit: $104

You can purchase a home for roughly $732.26 per square foot in downtown D.C. According to Business Insider, the median home value here has continued to increase year-over-year while some markets are beginning to cool off.

Nashville Inflation

The charming Music City is not singing happy tunes when it comes to inflation. New people have poured in, prices have soared, and longtime residents have been pushed out.

Merchant Maverick ranked Tennessee as having the third highest impact based on a score that included rankings of consumer price index change, regional price parity, state sales tax rate, and median household income.

Here are where average daily expenses are sitting in Nashville:

  • Basic monthly utilities: $185.33
  • Internet: $83
  • Gasoline per gallon: $3.32
  • Monthly pass for public transit: $67.50

Housing prices have more than doubled in 10 years, as a population boom has brought nearly 400,000 new residents to the area. Buying a home in downtown Nashville means you’ll pay around $452 per square foot.

Austin Inflation

This trendy Texas city is now considered one of the most expensive big cities in the country, coming in at number 8. According to a recent inflation report, consumer prices here are rising faster than expected.

Here is what Austin residents can expect to pay on certain living expenses:

  • Basic monthly utilities: $193.83
  • Internet: $71.66
  • Gasoline per gallon: $3.45
  • Monthly pass for public transit: $49.96

Prices of single-family rental homes are up 36%, with the price per square foot around $845. 

The effects of inflation have been felt everywhere. While the Windy City isn’t immune, Chicago’s inflation has not been as severe as other large cities.

So, if you’re considering relocating to Chicago or purchasing a home here, let our team of experienced brokers help you find your dream home.

Looking to learn more about other expenses you can expect while living in Chicago? Follow the link below!

Chicago Living Expenses You'll Need to Consider

2023 Major City Inflation Guide: Los Angeles Inflation

As the second-biggest city in the U.S., Los Angeles has many perks: its famously beautiful weather, a fabulous food scene, and a packed calendar of sports, music and cultural events are all wonderful reasons to seek the City of Angels. 

Los Angeles Inflation

For these and more reasons, you’ll pay a premium if you choose to move to L.A.: according to Payscale, the cost of living there is 54 percent above the national average. Perhaps most importantly, housing expenses in the area fall at a whopping 141 higher than the national average; the median home price is $958,932.

It’s no surprise that it was expensive to move to L.A. before inflation began setting in throughout the country – but unfortunately, inflation has only exacerbated the high costs associated with living in Los Angeles 

While your mortgage will undoubtedly be your biggest expense, food, energy and consumer goods still make up a sizable portion of your wallet. According to the U.S. Bureau of Labor Statistics, food prices in Los Angeles have increased 10.3 percent year-over-year – a change which impacts both groceries and your bill at a restaurant.

As opposed to a public transportation-reliant city like Chicago, L.A. almost exclusively relies on cars to get around – making the price of gas directly correlated to month-to-month living expenses. While gas prices are falling nationwide, the average cost per gallon in the area still hovers around $4.23, according to the Los Angeles Almanac.

There’s no doubt that there’s a pretty notable weather discrepancy between Chicago and its Californian counterpart. That said, for those willing to embrace all four seasons, Chicago’s lower cost of living offers a reward: according to payscale, it’s 119 percent lower than LA. Additionally, living in a more condensed city makes life more convenient – neighborhoods are easier to navigate, and public transportation makes getting from A to B a breeze without LA’s infamous traffic. 

If you’re considering purchasing your next home or condo in Chicago, our Luxury Living agents are here to make the process a breeze.

For a deeper dive into the effects of inflation across the U.S., follow the link below.

The Effects of Inflation by U.S. City for 2023

2023 Major City Inflation Guide: New York Inflation

While inflation has impacted the entire country, we’re going to examine New York inflation and how it compares to Chicago and other cities. Whether you live in the big apple or are contemplating your next move, it’s important to learn how inflation may impact your daily living.

New York Inflation

Reports indicate that the soaring prices for rent, meals and everything else in NYC are pushing younger workers to seek more affordable cities. MoveBuddha, a site where people can calculate their moving costs, confirmed that there’s a mass exodus happening in the Empire State. According to the U.S. Census Bureau population estimates, New York lost more residents than any other state between April 1, 2020 and July 1, 2021

Even without the burden of the current inflation, New York has always been known as one of the country’s most expensive city. Inflation has only made people’s budgets even tighter. As of 2022, New York is the second priciest place to call home.

Earlier this year, the U.S Bureau of Labor Statistics released new data indicating consumer prices grew 6.1 percent in the New York City Metropolitan.

When comparing inflation by cities, it looks like New York’s increase beats Chicago’s. New York is ranked 16th on the list, while the Windy City is 20th. Cities like Phoenix, Miami, Tampa, and Atlanta take the lead with the highest inflation increase  in the nation.

If you are considering New York, note that the cots of living here is 55% higher than the national average. Housing is 148% higher than the national average. It’s also 85 percent more expensive than in the Windy City.

While living costs like groceries and utilities are steeper in the big apple, the biggest difference is housing. Chicago and New York mortgage rates are comparable, but the price tag for other homeowners is by far higher in the Big Apple. The average sales price of a New York home is $745,000, while tentative Chicago residents can expect to pay around $315,000.

Fees such as property taxes and homeowner association will also cost more for homes in the New York area compared to those in the Chicagoland area.

Your money will certainly stretch further in Chicago compared to NYC, but you can also get a similar urban living experience. 

Chicago provides amazing neighborhoods, dining, and attractions. Lake Michigan is also a huge pull if you don’t want to forfeit the water. Looking to avoid New York inflation and relocate to the Windy City? Let the Luxury Living team help you find a home and location that suits your lifestyle.

To learn more about the effects of inflation in other cities across the U.S., click the button below.

The Effects of Inflation by U.S. City for 2023

2023 Major City Inflation Guide: San Francisco Inflation

If you’re considering relocating within the US, it’s natural to think about the culture, landscape and lifestyle of the west coast. The San Francisco area, specifically, draws many transplants because of its proximity to gorgeous nature (hello, Napa Valley!) and incredible jobs.

Considering supply and demand, it makes sense that the demand of this area has resulted in a notoriously high cost of living for San Franciscans: according to Redfin, the average cost of a home was $1.35M in November 2022. While high mortgage rates affect the whole country, the already-high cost of housing in San Francisco is especially impacted.

It’s no surprise that living in the Bay Area is expensive; this isn’t a new dynamic. That said, in addition to high housing costs, inflation continues to contribute to a rising cost of living in this region.

San Francisco Inflation

This year, specifically, residents of San Francisco can expect to pay $4,400 more annually for major goods and services, according to the San Francisco Chronicle. Households in the area already pay an average of $91,700 on those goods and services annually (data from 2019 – 2020). 

While inflation has a nationwide impact, controlling your housing costs is one of the best ways to adjust for a higher cost of goods and services. According to Payscale, the median home price in Chicago $613K – less than half of San Francisco. 

While the Bay Area can offer sunnier skies than Chicago, the Windy City offers culture and world-renowned museums, nationally-known sports teams and – juxtaposed to California’s infamous traffic – an efficient and expansive public transportation system.

Our Luxury Living team would love to tout the benefits of Chicago while helping you find your dream home here. Reach out to one of our agents to get started.

Want a deeper dive into the effects of inflation across the rest of the U.S.? Click the button below!

The Effects of Inflation by U.S. City for 2023

2023 Major City Inflation Guide: Boston Inflation

If you’re debating between living in Chicago or Boston, or you’re planning on relocating from Boston to Chicago, it’s important to understand Boston inflation and how it compares to the Windy City.

Boston Inflation

According to research conducted by Beacon Hill Institute, the inflation rate in Massachusetts is outpacing the country in several key categories, including gas, used vehicles, and electricity.

Those living in Boston can attest to the climbing costs. The U.S. Bureau of Labor Statistics indicates that prices in Boston, Massachusetts are seven percent higher in 2022 compared to  2021. That’s a $1.40 difference in value. This is a historic rise, partly attributed to growing housing and motor vehicle costs.

Consumers are finding that while almost all categories are increasing in price, gas, used vehicles, and electricity in the state are higher in Massachusetts than in many other places around the nation. 

When it comes to cities with the fasting climbing inflation rates, recent findings rank Boston as number 13. Other cities finding themselves higher on the list include Phoenix, Miami, Atlanta, and Seattle.

So, how does Boston’s inflation stack up against Chicago’s?

Boston vs Chicago Inflation

While the Windy City has not been immune from the effects of inflation, the impact has not been as severe. Currently, Chicago is 20th on the list of highest inflation rates.

The overall cost of living is still around 26 percent higher in Boston than in Chicago. But let’s break it down a bit, starting with the cost of owning a home.

In 2022 the median price for a home for sale in Boston is $780,000, with a 3.6% year-over-year increase, while the median sales price for a Chicago home is $352,000, with a 0.7% increase over the previous year.

At the beginning of 2022, mortgage rates in Massachuchettes averaged around 3 percent. Over the past year, the average climbed four percent. In the last quarter, the average homebuyer would expect to pay around seven percent interest on a home loan. That four percent jump has greatly impacted the cost of owning a home, limiting who can afford to buy.

While mortgage rates are comparable in Chicago and access the nation, the price tag for other homeowners and living expenses are currently higher in Boston than in Chicago.

Fees such as property taxes and homeowner association will cost more for homes in the Boston area compared to those in the Chicagoland area.

Additionally, Boston residents can expect to pay roughly seven percent more on food, two percent more on transportation, 13 percent more on entertainment, and eight percent more on healthcare than if they lived in Chicago.

Consider Chicago living if you want to avoid the aggressive Boston interest rates and give your bank account a break. This magical city is comparable to Boston, offering phenomenal attractions, dining, housing, and lakefront wonder.

Whether you are definitely or tentatively relocating to Chicago, let our team of experienced brokers help you find your dream home.

Interested in learning more about the inflation effects on other U.S. cities? Follow the link below!

The Effects of Inflation by U.S. City for 2023

2023 Major City Inflation Guide: Austin Inflation

As many jobs welcome remote work, it’s natural to wonder about moving to a different city. The pandemic had many effects on the dynamic and cost of living in various parts of the U.S. – and these implications are especially apparent in Austin.

Home to the University of Texas, great food and what’s shaping up to be a tech boom, Austin is becoming a city of choice for many young people: in 2021, it was ranked in the top five of cities chosen by millennials, according to SmartAsset. Whether returning home or seeking something new, many are drawn to the area for the big city feel that’s proximate to natural areas such as Lake Travis.

There are many wonderful things to consider when thinking about a move to Austin. As with any city, there are pros, cons and budget to factor in. In Austin, inflation plays a big role in the cost of living – especially if you’re considering buying and settling down there.

Inflation in Austin

The Austin housing market reflects the increase in mortgage rates across the country. According to Norada Real Estate investments, in September 2022, the median price of a home sold was up 15% year-over-year at $620K. 

While a mortgage is one of the biggest components of your budget, the rise in housing costs is also paired with a rise in the cost of living in Austin: in October 2022, the average Austin consumer was paying 2.2% more for food than the average U.S. consumer, according to the Bureau of Labor Statistics.

Driven mostly by an influx of tech jobs, Austin is weathering the storm of inflation – but as you think about the cost of living in various cities, these dynamics are worth considering.

If Chicago is at the top of your search for new cities, the Luxury Living team would love to discuss options that are right for your budget and lifestyle.

Follow the link below for more information on inflation effects by various other cities across the U.S. this year.

The Effects of Inflation by U.S. City for 2023

What You Need to Know About Interest Rates and Adjustable Rate Mortgages

If you’re in the market for a new home, it’s essential to be well-informed before making such a significant choice.

Interest rates and adjustable-rate mortgages are topics worth considering beforehand. Regardless of your existing knowledge on these topics, we’re here to help provide or reiterate the basics.

Interest Rates

Interest rates, also known as mortgage rates, come into play when taking out a loan to pay for your home. Simply put, this is the fee charged by your lender for loaning you money. 

As homeowners work to pay off their loans, they pay the principal (payments on the amount of money borrowed) and interest. These two are lumped together as one monthly payment.

When it comes to the interest rates and the relationship to home prices, keep in mind the two tend to have an inverse relationship. As interest rates rise, it becomes harder for prospective homeowners to afford property, so the price tags on homes tend to drop. The opposite is true as interest rates decline.

Higher mortgage rates make it more difficult to afford a home now. However, the reduced demand also means less competition, providing buyers an opportunity to get a home for less than the list price, making sellers more likely to compensate for those high rates. They may do this by contributing toward closing costs or paying mortgage points.

Adjustable Rate Mortgages

On the topic of interest rates and home purchases, it’s helpful to understand adjustable-rate mortgages or ARMs for short.  Unlike fixed interest rate mortgages, which stay the same over time, this is a home loan with an interest rate that can change periodically. The initial interest rate may involve lower monthly payments than fixed interest rates, but over time your adjusted rate will be based on your individual loan terms and the current market.

So, when should a homeowner consider this type of mortgage?

Those who anticipate moving or selling their home within five years or before the adjustment period of the loan may find this type of loan more attractive due to the lower monthly fees. Folks who stay past this point take a gamble, not knowing what interest rate they may incur. Therefore, a fixed interred rate mortgage may be a wiser move if you’re looking for a long-term investment.

If you have home-buying questions beyond interest rates and adjustable-rate mortgages, connect with one of our experienced team members. Our licensed brokers are eager to help answer questions and help you secure your dream home! Connect with us today to get started.

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7 Convenient Amenities That Will Make Your Chicago Condo Lifestyle Easier

Luxury Living, and the amenities it offers, help elevate and enhance your daily living experience. If you would like to maximize your time and make your life easier, check out these seven convenient amenities:

1. Private Parking Garage

If you’re a vehicle owner, you’re likely well aware city living often makes parking more challenging and costly. However, you can avoid some of the hassles if you find a condo building that provides access to a private parking garage. 

This amenity eliminates the need or frustration involved in hunting down a parking spot. A covered parking garage also provides extra protection from the winter elements.

Many garages are equipped with security cameras to deter theft and keep ongoing surveillance on your whip. You will frequently find parking garages attached to their condo buildings, meaning you don’t have to exit your car outside, providing an additional layer of personal safety. Plus, that can help keep you out of the rain or snow!

While the cost of private parking garages is often included in the HOA dues, this route will likely save you money in the long run. Chicago street parking isn’t cheap, and free parking is few and far between.

2. Fitness Centers

Imagine knocking out your workout in a state-of-the-art gym without stepping foot outside. This can be a reality if you find a condo building with this amenity.

Having a gym on the property makes working out easier and may also increase motivation.

Many of these fitness centers come equipped with excellent machines and offerings. Some provide group classes and rooms designed for specific workouts, like cycling rooms and yoga studios.

Plus, on-site fitness centers help you save money. Gym memberships in Chicago are pricey and cost you up to $200.

Gym time can also help you connect with neighbors and establish community within your building.

3. Indoor Lap Pools

Whether you appreciate swimming laps or simply lounging in the water, indoor pools provide a desirable year-round amenity.

Outdoor pools are certainly enjoyable in the summer and may be on your bucket list, but the time stamp limits the use of this amenity, unlike an indoor option.

You will find that throughout Chicago, many luxury buildings boast lavish, resort-style indoor and outdoor pools that will undoubtedly elevate your living experience.

Plus, pools offer plenty of proven benefits, including easing pent-up tension and muscle pain, increasing blood flow to the brain, and providing relaxation.

4. On-Site Dry Cleaning

Keeping your clothes in great shape can be even easier with an on-site dry cleaning service. Whether you’re a business professional or someone who appreciates this cleaning method, you can save time and money when you have access to dry cleaning and laundry services in your condo building.

Professional dry-cleaning is less abrasive than traditional washing methods, removes stubborn stains and odors, and makes cleaning bulky or large loads easier.

This lifestyle amenity is one worth considering for ultimate ease and convenience.

5. Efficient Package Reception

The world of overnight and same-day shipping has increased the number of packages folks receive. While likely not at the forefront of buyers’ minds, efficient package reception is a valuable amenity that provides extra piece of mind. Knowing your packages are protected and convenient to access, especially living in a shared building, is important.

Many new and luxury condo buildings have invested in package reception to essure the smoothest package retrieval process.

It is prevalent for these buildings to offer secure package rooms, only accessible to residents, that feature individual lockers. Each resident is assigned a locker and can retrieve their secure package 24/7 using a fob key, pin code, access card, or QR code. 

This enhanced security prevents package theft and misplacements. It also helps avoid the typical clutter that can be felt in a mail room when packages are not efficiently organized.

These storage systems also mean that residents don’t need to plan their schedule around when a package will be delivered. Residents are notified as soon as a parcel arrives, often via SMS or email alerts, but they don’t need to be present to receive or sign for the package.

Condo residents and staff alike benefit from these efficient condo package rooms because it frees up the building’s resources and employees to focus on other tasks.

Whether you travel frequently or receive packages regularly, this amenity will help ease the stress often associated with deliveries in multi-unit residences.

6. Pet Washing Station

If you’re a proud pooch owner, then a pet washing station is an amenity you don’t want to miss. 

These stations make it ultra-convenient to keep your furry friend groomed and happy without having to go through the hassle of transporting your pet washers.

Keep in mind pet washing stations aren’t the only pet-friendly amenities offered in luxury Chicago condos. You can also prioritize your pup by living somewhere that provides dog runs, dog parks, pet-friendly shared spaces, and virtual keys for pet sitters or walkers.

7. Bike Storage

Biking is an excellent option for exercise or transportation in the Windy City. However, public bike racks are limited and pose an increased theft risk.

So, if you’ve got a bike you’d like protected, or you may consider investing in a bike, rest assured that plenty of condo buildings offer bike storage in their amenity packages.

Not only are bike storage spaces safe, but they also ensure that you don’t have to make room in your own unit to stow your two-wheeler.

If you’re in the market for a new condo, consider finding amenities that make your life easier and more enjoyable. As you navigate your home search and amenity wishlist, be sure to connect with one of our licensed brokers or click the link below!

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Why Private Chicago Condo Parking Garages Are a Must

Ask any Chicagoan about their biggest gripe with living in a city, and most will mention something about parking. While Chicago is renowned as having one of the best public transportation systems in the world, the reality is that in a city of three million people, parking will likely be hard to come by from time to time.

As you move about the city, you might not be able to control that it’s hard to find parking – which is why having a private condo parking garage is a must. Why shouldn’t parking at least be easy in your own home?

4 Reasons Why a Private Condo Parking Garage is a Must

When searching for your new condo, some amenities might fall on the “nice to have” list, and others might fall on the “must” list. If you own a car, there are four reasons why a private condo parking garage is a must:

  1. Safety: Most garages are attached to their condo buildings, meaning you don’t have to exit your car outside. Additionally, most garages have security cameras and are frequented by other residents – ensuring that there are extra eyes on you as an added layer of safety.
  2. Convenience: Having a designated parking spot saves you time that you’d normally spend searching for a spot (which can be pretty significant). No parking dibs needed here!
  3. Warmth: When the weather gets colder, keeping your car inside saves you from needing to start your car before you leave to get it warmed – and also, most importantly, keeps you warm as you head inside after parking.
  4. Savings: While your parking will likely be included in your HOA fees (and can sometimes be a separate cost), having a designated parking spot could save you money by keeping you from shelling out for ad-hoc SpotHero spots or street parking each day.

Chicago Condos with Private Parking

Many condos in the city offer private parking as an amenity. Some listings include:

Are you ready to find your dream condo (and dream parking spot)? Reach out to a Luxury Living agent today or click the link below!

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How an Efficient Package Storage System Improves Your Chicago Condo Lifestyle

Package reception and storage can become a problem if you’re constantly on the go. A condo with an efficient package storage system in place will make this process and your life much easier!

How an Efficient Package Storage System Improves Your Chicago Condo Lifestyle

With most Americans now shopping online, condo buildings need to be equipped to handle the high volume of packages received. An efficient package storage system ensures that packages are delivered smoothly to the rightful residents. 

These package storage systems may vary depending on the building, but this amenity should ultimately enhance the resident’s experience.

It is very common for luxury condo buildings to offer package rooms that feature individual lockers. Each resident is assigned their own locker and can retrieve their secure package 24/7 using a fob key, pin code, access card, or QR code. 

This enhanced security prevents package theft and misplacements. It also helps avoid the typical clutter that can be felt in a mail room when packages are not efficiently organized.

These enhanced storage systems also mean that residents don’t need to plan their schedule around when a package will be delivered. Residents are notified as soon as a package arrives, often via SMS or email alerts, but they don’t need to be present to receive or sign for the package.

Condo residents and staff alike benefit from these efficient condo package rooms because it frees up the building’s resources and employees to focus on other tasks.

Whether you travel frequently or receive packages regularly, this amenity will help ease the stress often associated with deliveries in multi-unit residences.

Chicago Condos with Package Storage

If you’re in the market for a home that offers ultimate convenience and efficient package storage, take a look at a few of these premier Chicago condos:

  • One Bennett Park – 451E Grand Avenue – these ultra-luxury Streeterville condos offer in-home package delivery, ensuring your packages are delivered directly to you.
  • One Chicago – 1 W Chicago Avenue – You can also expect courtesy package delivery direct to your unit as a resident of these highly anticipated elegant condo residences in Gold Coast.
  • The Orchard – 2350 N Orchard Street – If Lincoln Park is more your scene, consider these upscale residences that provide not only package delivery, but also grocery delivery straight to your door.

Set up a showing today with one of our trusted brokers to see these condos for yourself or follow the link below to start your search!

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How a Condo Storage Locker Can Help You Make More Space

Living in a city can have its comforts and challenges. Comfort-wise, you can get anything delivered at about any hour of the day, and have access to world-class museums and concerts right at your doorstep. The tradeoff of city living, however, is space: owning a condo necessitates being more creative with storage.

In addition to being smart about the space in your condo, having external storage can be a helpful, flexible option – especially for larger or seasonal items. 

4 Benefits of a Condo Storage Locker

Some condos offer building storage lockers, which effectively act as a storage unit outside your condo. This often-overlooked amenity can be a huge plus, especially for the following reasons.

  1. Decluttering your space: Keeping things out of your condo in a safe place allows your living area to be as minimalist as you’d like it to be. Without clutter, your condo will look cleaner and more organized.
  2. Organization: If you’re one to Marie Kondo your living space, having a condo storage locker will help keep you organized. For example, you’ll need to keep your seasonal decorations in a designated place and rotate them in as space allows – ensuring everything has its own place.
  3. Convenience: If you opted for an external storage solution, you’d have to commute to and from your belongings and ensure you’re accessing them during the business hours of your storage partner. Having your storage in your building ensures you have easy access to any item you might need as quickly as you need it.
  4. Safety: Quick access to your storage unit has the benefit of allowing you to check on your items whenever you prefer – it’s also safer to keep things securely stored in your own building.

Chicago Condos with Storage Lockers

Many condos offer this perk, including:

Looking for a condo with amenities to meet your needs? Reach out to the Luxury Living team today or follow the link below to start your search!

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Explore Condos with Gyms in Chicago

No matter how you like to exercise, Chicago certainly offers you many options to do so: from running the lakefront path to a swim in the lake to a class at one of the city’s many fitness studios, you’ll never run out of ways to break a sweat. As tantalizing as those options might be, fewer offer the convenience and affordability of a gym in your condo building.

4 benefits of having a gym in your condo building

If you’re fortunate enough to have a gym where you live, you’ll quickly notice the physical and financial perks that come with this amenity:

  1. Cost savings: The most obvious benefit of having a gym in your building is not having to pay for another gym. Depending on the membership type, monthly gym costs in Chicago can run as high as $200 or more – so this savings can significantly impact your wallet.
  2. Convenience: One of the biggest barriers to working out is actually commuting to your workout. Having quick access to a gym (without even needing to go outside) will no doubt result in more time spent working out.
  3. Community: Meeting your neighbors looks different in a high-rise than in a single-family home. For that reason, communal spaces such as gyms are a great way to cultivate community in your building – even if you’re a bit sweaty when you meet!
  4. A continuation of home: While you own your condo, having an additional communal space in your building gives you an additional area to call your own.

Condos with gyms in Chicago

As amenity spaces become more ubiquitous in high-rise residential buildings, you can expect more and more condos to offer gym space. Some current listings include:

If you’re interested in finding the condo with amenities that fit your lifestyle and needs, reach out to a Luxury Living agent today or follow the link below to start your search!

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Condos with an Indoor Lap Pool in Chicago, And Other Specialized Fitness Amenities

If health and fitness are priorities for you, finding a condo in Chicago that helps you put fitness first will make your day-to-day life easier.

Imagine not having to step foot outside to access premier activity-related amenities. 

If this sounds like a desirable reality, check out the luxury condos that offer indoor lap pools in Chicago and other first-class fitness offerings bound to impress:

Cirrus Residences

211 N. Harbor Drive

This building is located in one of Chicago’s best-kept secrets, the Lakeshore East neighborhood. These premier condos showcase some of the city’s best views, including the Chicago skyline, river, and Lake Michigan. Among the 48,000 square feet of amenities, residents have access to a state-of-the-art fitness room, motion studio for spin and yoga, HIIT and outdoor circuit area, and a 25-yard indoor lap pool. Regardless of your workout routine, this building is bound to accommodate you. Additional indoor amenities accessible year-round include a splash pad and hydrotherapy pool, locker room with steam rooms, gold and sports simulator, and more.

No. 9 Walton Residences

9 W. Walton Street

For a timeless living experience, check out this Gold Coast building, boasting classic interiors and lavish luxuries. Developers aimed to provide residents with five-star hotel-style amenities. Calling these residences your home entails full access to an indoor lap pool, hot tub, steam room, sauna, and fitness center with Pilates machines. Pet owners can also enjoy a covered dog run.

One Bennet Park

451 E. Grand

Located in a prized location within Streeterville, these residences provide walkable access to the Riverwalk, Lake Michigan, the Lakefront Trail, and the Magnificent Mile. Additionally, the ultra-luxurious building houses incredible fitness-related amenities on the third floor. Here you will find a fitness center, a Pilates studio, and a 60-foot-long indoor lap pool with a glorious sun terrace overlooking the private park. When the weather permits, residents can also soak up the sun on the 10,000-square-foot recreational deck and take a dip in the outdoor pool.

Tribune Tower Residences

435 Michigan Ave

Consider owning a home in one of Chicago’s most iconic buildings within the Streeterville area. Amenities were designed to provide the utmost conveniences for residents to relax and achieve their fitness goals. Residences have over 55,000 square feet of amenity space on four levels. One of the highlights includes the 75-foot indoor lap pool that opens to an outdoor terrace, complete with a lounge, dining, and sunbathing areas, all with the backdrop of the Chicago Tribune sign. The state-of-the-art health and wellness center also is an impressive and inviting space to enjoy.

Parkline Residences

60 E Randolph

Live in the heart of the Loop. The Parkline Penthouse Collection boasts jaw-dropping condos with equally elevated amenities. Fitness gurus and novices alike can appreciate the full fitness center with expansive windows, the private pilates/spin studio, and the indoor/outdoor heated pool and spa.

Don’t miss out on the chance to have complete and convenient access to fitness-related amenities, including an indoor lap pool in Chicago.

Connect with one of our experienced brokers to tour any of these deluxe condos or follow the link below to start your search today!

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Find a Condo with Bike Storage in Chicago

One of the best parts of Chicago is the options residents have for navigating the city: from public transportation to water taxis, the ways to get from point A to B are seemingly endless. 

The proliferation of bike lanes in the city has yielded yet another mode of transportation: biking. The benefits of taking two wheels, whether to work or simply around town, include building exercise into your commute, seeing the city in a different way and having the flexibility of circumventing traffic. 

Some Chicagoans also use biking as a form of exercise. Whether you’re training for a triathlon or covering miles on the lakefront path, owning a bike unlocks a great way to get fresh air while burning calories.

If you’re apt to own a bike for these reasons, having bike storage in your condo is a huge perk. 

Benefits of Bike Storage in Chicago

As a bike-friendly city, Chicago has plenty of bike lanes and places to park your bike while moving it around town. That said, once you’re back home, your options are often limited to storage in an outdoor bike rack, or lugging your bike into your unit – unless your condo building offers bike storage. If that’s the case, there are two main benefits:

  • Safety: Keeping your bike in a storage area ensures it’s safe from theft – as opposed to keeping it outside, where it’s more prone to getting stolen.
  • Accessibility: If you use your bike often, you’ll need it within arm’s reach. Keeping it in a storage room allows for easy in-and-out.
  • Bike preservation: Storing your bike indoors is important to the integrity of your bike; shielding it from any extreme heat in the summer or extreme cold in the winter will keep it from the wear-and-tear of the outdoors.

Chicago Condo Buildings with Bike Storage

As biking grows in popularity, bike storage rooms are becoming a ubiquitous amenity. Buildings with this feature include:

If you’re ready to find a condo that fits your lifestyle and commuting needs, reach out to the Luxury Living team today or follow the link below to start your search!

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Condo Interior Design Ideas — A Room-by-Room Guide

Whether you’ve owned your condo for a long time or are a first-time buyer, there’s always something to be said for making a space truly your own. Interior design updates can be as topical as wallpaper and as intensive as knocking down walls, but the purpose of these renovations remains the same: to customize your home to fit the functionality you need and the aesthetic you want.

Refreshing your space can feel overwhelming – and it’s true that great updates do take time. If you don’t know where to begin, consider the room in your house you spend the most time in and start there. Or take a holistic approach and get all rooms done at once!

No matter your process, consider these tips for each room in your home.

Condo Interior Design Ideas for the Kitchen

As the gathering space of your condo, the kitchen is an important update both functionally and physically. For this reason, considering and incorporating your individual style is important. 

Some ideas might include:

  • Bright, white motifs that brighten the room. These could include white wood cabinets or granite countertops.
  • Stainless-steel appliances that stand the test of time and go with any style.
  • Rich wood accents that add warmth and balance to the room.
  • Brass accents such as cabinet pulls or knobs to add a subtle element of sophistication.
  • Sculptured lighting to add a large design piece that speaks to your taste.
  • Minimalism, which will keep things looking neat and tidy.

 

Interior Design Styles for your Condo Living Room

Coupled with the kitchen, the living room is an important room for hosting – which is why pairing design styles with the kitchen is a great approach to consider.

Some styles to choose from:

  • Modern, which is great for sleek, high-rise condos. This could include a monochromatic color palette and natural materials.
  • Industrial – a style that pairs beautifully with urban lofts. Industrial elements feature dark colors and exposed fixtures.
  • Scandinavian, which is a Nordic-inspired approach that’s minimal yet cozy. Hallmark Scandinavian features might include neutral palettes with pops of color, and organic materials that embrace light.
  • Farmhouse – an approach that’s currently popular due to its simplicity and practicality. Facets of farmhouse style might be mix-match furniture and a white motif.
  • Mid-Century Modern, an aesthetic that’s making a comeback because of its emphasis on wood furniture and simple geometric lines.

 

How to Design Your Condo Bedroom

As the most personal space in your condo, your bedroom is the best place to lean heavily into your personal preferences. 

The process of refreshing your bedroom is important to get right – but with the right approach, you’ll be thrilled with the result:

  1. Start with a design quiz – a great starting point no matter which room you’re redecorating. This will ensure you’re making design choices that truly match your preferences.
  2. Consider your budget, and set a budget before you begin.
  3. Sketch your layout. This is an especially important step for your room, where space can be more limited.
  4. Start with the big pieces, like your bed and dresser, first – these will set the aesthetic tone for the space.
  5. Hone in on personal touches since your bedroom is such a personal space. Include photos, books and other nostalgic items to truly make the room your own.

 

Tips for Designing Your Condo Home Office

If you’re fortunate enough to have a den or office in your condo, designing the space will be a matter of purpose and style. 

Depending on what you use your home office for, these tips will make your space as useful and enjoyable as possible:

  • Make the desk the star. As the centerpiece of the room, your desk will determine the look and feel of the rest of the space.
  • Consider an accent wall, which doubles as a beautiful design element and fun zoom background. This could be a gallery wall, wallpaper or simple pop of color.
  • Add inspiration in the form of photos, quotes and objectives – whatever inspires you will undoubtedly have an impact on how you feel when using the office.
  • Plan for rest by adding a couch or lounge chair. These visual cues will ensure you build breaks into your workday, and are an inviting place for others to meet or join you.

 

Interior Design Ideas for your Condo Dining Room

As a public gathering place in your condo, the dining room is the perfect space to express your style to guests. 

When you approach designing your dining room, consider these ideas:

  • Be choosey about your table, as this piece will determine the aesthetic and functionality of the room. A round table is better for wide spaces, whereas a rectangular table fits an oblong room better.
  • Show off your individuality by including family photos, heirloom plates and any additional personal touches that could make your guests feel at home.
  • Add a bar cart! This item isn’t just trendy; it also allows you to show off your style and have drinks within an arm’s reach. 
  • Refresh your lighting options to match your table, which will create a cohesive look throughout the whole room.
  • Incorporate color, even if your style is modern. This design choice will accent any furniture you have in the room, and make the space inviting for your guests.

 

Condo Bathroom Design Ideas

Your bathroom is easy to overlook when considering condo renovations, but as an important part of your routine, it’s well-worth updating.

As you choose your bathroom updates, you might:

  • Use paint to spruce up and modernize the space.
  • Update your hardware by replacing old knobs or towel bars, which are easy ways to elevate the space.
  • Choose light bulbs that create a calming atmosphere. These will be labeled as “cool white,” “bright white” or “daylight.” Don’t forget to include a light fixture in your updates, too!
  • Create natural aromatherapy and liven the space with plants. 
  • Add shelves to maximize space while keeping the room design-forward. This step is a great way to cleverly hide any necessities!
  • Incorporate a stylish mat to keep things cozy.
  • Select a candle that contributes to the ambiance with a smell that you love.

 

Our Luxury Living agents are here to find the space that fits your needs and style, regardless of where you are in your renovation journey. Whether you’re looking for a condo to renovate, or are interested in a brand new home without any renovations needed, get in touch with us to start your search or follow the link below to get started!

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5 Condo Dining Room Ideas to Create an Amazing Gathering Space

One of the best parts about owning a home (or condo!) is hosting others in your space – and no area is better for gathering and hosting than the dining room. From game nights to formal dinners to a simple pizza night, the dining room will play host to many different events; planning for both functionality and style is an important balance as you consider how the room might be used.

5 Condo Dining Room Ideas

Whether you’re a new condo owner or simply want to refresh your dining room, continue reading for five design ideas for an amazing gathering space.

  1. Make the table the star of the show. As the biggest and most important piece of furniture in any dining room, the table and chairs set the tone for the rest of the space. Before you purchase this piece, think about what style and function the table will serve; a round table is better for wider spaces and game nights, while a long rectangular table is better-suited to an oblong room and hosting many people.
  2. Show off your individuality. Since the purpose of a dining room is to entertain, it should be a warm and welcoming space that shows off your personality. Adding family photos, heirloom plates and other personal touches will make your guests feel at home, and has the added benefit of making you feel more at home when you’re not entertaining.
  3. Don’t forget a bar area/cart. Bar carts aren’t just a trendy way to contain your alcohol; they’re an added element to hosting that allows you to provide drinks to your guests in an accessible way. Source a cart that fits your style, and ensure it’s well-stocked with the makings of classic cocktails!
  4. Add lighting. As you redo your dining room space, don’t forget to consider new lighting options – even if you already have lighting in the space. Paired with a stylish dining room table, a pendant light or chandelier adds trendiness to the room, and could have the added benefit of changing the tone of the room through more romantic (as opposed to harsh LED) lighting.
  5. Incorporate color. Color is an important aspect of a space, even if your style is more monotone or modern. Whether through a colorful statement wall, wallpaper or even the ways you accent the space with other furniture, adding color will show off your personality while keeping the space warm and inviting. 

Now that you’re well equipped with a handful of condo dining room ideas, it’s time to find your dream home!

If you’re ready to find the condo dining space of your dreams, contact the Luxury Living team today.

For more condo interior design ideas, follow the link below!

Condo Interior Design Ideas: A Room-by-Room Guide

7 Condo Bathroom Ideas to Start and End Your Days Right

While it may be easy to overlook the bathroom, this room is likely integral to your morning and night routines. Set up a space you’ll love with these condo bathroom ideas.

7 Condo Bathroom Ideas

  1. Spruce up the space with paint – A fresh paint job can work wonders. When refreshing your bathroom, consider a bright white or soft grey for a clean and crisp look. If you prefer a moodier feel or bolder look, try looking into a rich red or sage green. Wallpaper is also a popular alternative to paint that refreshes this room.
  2. Upgrade the hardware – Think of your hardware like jewelry. This tiny detail can add that extra sparkle and function to your space. Replacing old door knobs, cabinet knobs, or towel bars is a simple change to elevate your bathroom. 
  3. Be selective with lighting – A dazzling light fixture may be what you need to add that ‘wow factor’ to your bathroom. Not only do you want to select a style that matches the overall aesthetics of the space, but you also want to be picky with the bulbs. As a general rule of thumb, bulbs labeled  “cool white,” “bright white,” or “daylight” are best for bathroom lighting.
  4. Play around with plants – Bathrooms make the perfect home for plants. Greenery helps bring a space to life, plus most plants appreciate the humidity that bathrooms provide. Plants even help improve the air quality. Consider succulents, like aloe vera and elephant bus, which make a great, low-maintenance addition to this room. You can also create a “bathroom bouquet” with lavender, rosemary, mint, and lemongrass stem to drape over your shower head. They look pretty, and they provide natural aromatherapy.
  5. Invest in Shelves – Floating shelves are a great way to maximize space and add a fun design touch, especially if the bathroom is tight on square footage. They make a perfect and practical way to add additional decor or bathroom necessities.
  6. Find the perfect mat – Your bathroom flooring is likely tile, which can be beautiful and elegant, but not necessarily the coziest. Give your feet extra comfort and your space a ‘pop’ by incorporating a stylish mat in your bathroom.
  7. Hop on the candle train – Candles enhance a room’s fragrance and ambiance. Scented candles specifically can “play an essential role in the physiological effects of mood, stress, working capacity, and overall mental health.”

With these simple tips, we hope you feel inspired and equipped to create an inviting space. Ready to find the condo bathroom of your dreams? Contact a Luxury Living Chicago Realty team member.

Searching for more design ideas for your condo? Click the button below! 

Condo Interior Design Ideas: A Room-by-Room Guide

4 Design Ideas for Your Condo Home Office

If commuting during rush hour just isn’t for you (and your work schedule allows), you might be considering a condo home office. While most home ‘offices’ during COVID’s lockdown were pretty make-shift, it might be the perfect time for more intentionality in creating a space in your condo that’s simply for work.

Outfitting a home office is a fun challenge because it requires you to consider both design and functionality. As you approach an aesthetic to this space, consider what it will mostly be used for within the context of work: if your job requires you to spend most of your time on the phone, that might require a different set-up than a career that involves a lot of reading or designing on a screen. 

Whether that be turning your bedroom into a home office or even creating work-from-home space for two, once you have an understanding of what you’ll need out of your condo home office, consider these four tips to make your space as useful and enjoyable as possible.

4 Design Ideas for Your Condo Home Office

  1. Make the desk your favorite part. No matter what you’ll be doing in your home office, your desk will undoubtedly be the centerpiece of the room in terms of scale and design. Consider how the look of your desk will influence the rest of the space; and for that reason, you might opt for a more unique desk to ensure that the rest of the decor fits naturally. Desks also offer many different functions, such as standing/sitting, vanities and spaces for hobbies, so choose this piece of furniture wisely.
  2. Consider an accent wall. If your job requires you to spend most of your day on video calls, an accent wall can become a built-in Zoom background while keeping your space bright and unique. From patterned wallpaper to a gallery wall of frames, the options for accent walls are endless and can be tailored to any taste or budget.
  3. Add inspiration. What inspires us varies greatly from person to person. For some, a sports player or quote motivates them; for others, art or past travels might evoke inspiration. No matter what gets you out of bed in the morning, incorporate a visual element of your muse into your office – not only will it make you enjoy the space more, but it will motivate you as you use it.
  4. Plan for rest. Even though offices are spaces dedicated to work, incorporate a physical reminder of rest into your design by including a couch or lounge chair. Having an additional seating option outside your desk will provide you with a different way to use the room, and will ensure that you build breaks into your workday.

No matter how you want to design your home office, the Luxury Living team can partner with you to find the condo and office space that fits your needs, job and lifestyle. Reach out to us today to get started!

If you’re looking for more interior design ideas for other areas in your condo, follow the link below.

Condo Interior Design Ideas: A Room-by-Room Guide

5 Steps to Designing Your Condo Bedroom

Whether you’re in the process of buying a condo or are already a proud owner, there’s something to be said about updating your space to ensure it matches your needs and personal style. No room is more important to consider for a refresh than your bedroom: not only is it the most private space in your condo, but it’s also meant to be a room for rest and relaxation.

5 Steps to Designing Your Condo Bedroom

As you approach these changes, keep reading for five steps to designing your new condo bedroom.

  1. Start with a design quiz. Before you begin planning or purchasing anything for your bedroom, take a moment to consider what your personal style actually is. Do you gravitate towards a modern look, or are you more bohemian? Are you maximalist or minimalist? Take a style quiz online, and pay attention to the design-oriented social media accounts you follow – both of these clues will help you create a style framework to operate in.
  2. Consider your budget. Depending on the level of updates you’re hoping to make, changes to your space can get pricey (especially if they involve work that you outsource, like painting or re-wiring). Knowing your budget before you begin will ensure you make the updates you want without breaking the bank.
  3. Sketch your layout. Play architect and draw the layout of your room, including your bed and any existing furniture. Try your best to draw things to scale, and use a couple of sketches to “rearrange” the room so you can understand how pieces will fit together without actually having to physically move anything. This is an especially important step if you’re planning on buying new furniture!
  4. Start with the big pieces first. Create your to-do list starting with the biggest changes first, such as any painting or big furniture. These bigger changes set the aesthetic tone for the rest of the room: by making these changes first, you can make sure that the rest of your decor matches.
  5. Hone in on personal touches. Since your bedroom is such a personal space, make sure that you’re incorporating pieces that are unique to you, such as photos, books and nostalgic items.

If these ideas have you thinking about the condo of your dreams, the Luxury Living agents are here to help in every step of your buying process. Reach out today to get started.

Need more interior design ideas for your condo? Click the button below for our room-by-room guide!

Condo Interior Design Ideas: A Room-by-Room Guide

Find the Condo Living Room Design That Fits Your Style

When it comes to condo living room design, there is a multitude of style options. Use this guide to find what suits you best.

5 Condo Living Room Design Ideas

  1. Modern– If you find yourself living in a sleek high-rise condo, you can carry out this polished look in your own living room by embracing a modern design. A monochromatic color palette, clean lines, minimalism, natural materials, and natural light mark modern design. This style works very well in an open concept room with floor-to-ceiling windows. If you’re considering this route, consider limiting your living room decor and selecting low and long furniture with neutral colors.
  2. Industrial– This aesthetic thrives in urban loft living. Since lofts already boast an industrial look and feel, it’s strategic to follow suit with the rest of the design components. An industrial condo rocks the raw and edgy look. Industrial designs typically feature dark colors and minimal additions to the space, along with exposed beams, brick, and light fixtures.
  3. Scandinavian– This Nordic-inspired home design is a perfect marriage between beauty and functionality. A Scandinavian-inspired living room exhibits a minimal, clean, and cozy feel. It also focuses on simple lines and light spaces, devoid of clutter. Scandinavian colors tend to be neutral and monochromatic – bright, warm whites with black and tan – with pops of color used as accents. Plush pinks, gray blues, and colors rooted in nature, like sage, are frequently used in this design. Natural and organic materials also mark the Scandinavian style. These homes are often full of wood, lightened to fit with a neutral color palette, cotton, wool, and plants.
  4. Farmhouse– This design has gained traction over the years, especially thanks to HGTV. Consider this condo living room design if you’re looking to accentuate or bring out your units rustic charm. It’s a style that prioritizes simplicity and practicality. While farmhouse inspiration is typically drawn from rural and older styles, it also blends in modern comforts for a stylish and comfortable finish. A farmhouse living room may boast a mix-match of furniture and textures while sticking with natural materials and natural color palettes.
  5. Mid-Century Modern– As the name implies, this design gained extreme popularity from about 1945 to 1965. However, recently mid-century modern has made a comeback. This crisp vintage design helps create a warm and nostalgic aesthetic. While the design is more simple in nature, it’s not afraid to embrace a pop of fun color and texture in the mix. Wood furniture remains a key element in this style, especially teak, Rosewood, and oak. The decor within this design also tends to feature simple geometric lines without frills. Metal, glass, and vinyl are also often incorporated.

While these condo living room designs are a great starting place for sparking inspiration, the list is not exhaustive. Not only are there more design styles out there, but you are also never limited to sticking with a single design. Your condo should feel like home, reflecting your style and preferences. You may even find yourself combining elements from various designs to incorporate in your living room.

For more on condo interior design, check out our room-by-room guide below!

Condo Interior Design Ideas: A Room-by-Room Guide

Condo Kitchen Design Ideas for a Contemporary Style

When condo owners – new or seasoned – opt for renovations, one of the first places they often start is the kitchen. As the heart of most homes, this room sets the design tone for the rest of the space while serving as a functionally important gathering space and food prep area. 

If refreshing your kitchen is high on your wish list, you might consider opting for a contemporary style. For one, this type of style lends itself well to appliance upgrades that are aesthetically pleasing yet useful. Additionally, contemporary style bodes well for condos in the city, as it plays off the urban landscape surrounding your space. 

Read on for a few contemporary kitchen design ideas for your condo:

  1. Bright, white motifs – As you tackle a kitchen upgrade, a great place to start is countertops and cabinets. By making these bright and white, you’ll flood the space with reflected light while making your kitchen feel bigger and more open.
  2. Stainless-steel appliances – Stainless-steel appliances aren’t just beautiful – they’re also highly functional and durable, ensuring that your new updates will have lasting power.
  3. Rich wood accents – Contemporary style shouldn’t feel cold. In fact, as the most important room in a condo, a kitchen should be warm and inviting. As you incorporate neutral elements and stainless-steel accents, adding wood accents such as barstools or a table will keep your space warm and balanced. 
  4. Brass – A subtle way to keep a contemporary look timeless is through brass accents such as cabinet pulls or knobs. This small element will add color to your kitchen through the use of a material that’s sophisticated yet subtle.
  5. Sculptured lighting – One of the finishing touches to a kitchen is your lighting. To truly showcase a contemporary look, choose a fixture that’s structured and, ideally, made from a metal material. This will cap off your larger design elements and drive home the style you’re trying to convey.
  6. Minimalism galore – A hallmark quality of contemporary style is minimalism – which, in a cluttered space like a kitchen, can be hard to achieve. As you work through updates, consider storage hacks that will remove as much stuff from countertops and visible spaces as possible – this will keep things neat and tidy, and have the added benefit of storing your everyday wares within arm’s reach.

No matter how you plan to upgrade your space, our licensed team of professionals would love to work with you on finding a condo – and kitchen! – that’s right for your needs. Reach out to us today to get started!

Looking for more interior design tips and ideas for your condo? Follow the link below for our comprehensive room-by-room guide.

Condo Interior Design Ideas: A Room-by-Room Guide

What Costs Do You Owe at the Closing Table?

When you think of the cost associated with purchasing a home, the actual mortgage and down payment are probably top-of-mind – but as you budget for this life milestone, it’s worth considering the other costs associated with closing.

What Costs Do You Owe at the Closing Table?

Once you’ve worked with your agent to find the home that’s right for you, the final step in the process is to actually close on your new home or condo. When you come to the closing table (whether in-person or virtually), there are a few line items you owe as a buyer that might be surprising. These costs vary, but are essentially processing fees you pay your lender.

Generally speaking, closing costs can be anywhere from 2 – 6% of your loan amount. These fees vary by transaction and state; according to Rocket Mortgage, the average closing cost (including taxes) in the state of Illinois is $6,529.74.

While the line items may change depending on your lender, seller and state, these usually fall into a few general buckets.

Property-specific costs

  • Appraisal fee: this fee covers the cost of a professional appraiser who assesses the true value of your new home and ensures it’s move-in ready.
  • Home inspection: similarly to an appraisal, a home inspection ensures that the home is in good enough shape to live in. If a home inspection turns up any troubling information, you may be able to renegotiate your contract or even back out entirely.

Loan-specific costs

Loan-specific fees could include an application fee, attorney’s fees and a loan origination fee, which goes directly to the lender for the costs associated with preparing your loan. If you choose to work with a mortgage broker, you’ll owe them a commission (around 0.5% – 2.75%) on your loan amount. 

Mortgage costs

Depending on the nature of your mortgage, some lenders require up-front mortgage insurance and/or application fees. If you’re working with the Federal Housing Administration or Department of Veterans Affairs, you’ll pay guarantee fees to those agencies.

Property taxes and insurance

You can expect to pay a few months’ worth of property taxes at closing, in addition to homeowners association (HOA) fees and insurance premiums. In some cases, you can opt to pay your HOA fee in a lump sum up-front.

Our team is here to guide you comprehensively through the home or condo purchase process, and can answer any questions about closing costs throughout your buying journey. Reach out today to get started or follow the link below to learn more about our process!

Learn More: The Homebuying Process

The Complete Guide to Navigating Your Daily Chicago Commute

They say location is everything when it comes to your home or condo search. In a large city like Chicago, this is both true and untrue: while the neighborhood or suburb you live in will certainly influence many aspects of life, Chicago’s expansive transportation systems make getting around the city easier than you’d think.

Navigating Your Chicago Commute

If you lived at 418 Church Street in Evanston, for example, your commute to the city could be via car, regional Metra train or local ‘L’ train. Perhaps city proper is more appealing and you opted for 104 W Oak Street in the Gold Coast neighborhood; in that case, you’d be able to walk to the Loop business district in about 30 minutes or take a bus.

No matter where you live in Chicagoland, your choices for transit – both for work and for play – make a surprisingly big difference in your everyday life. Read on for a complete overview on commuting in the city depending on your preferred method of transportation.

The Chicago Grid System

One of the best parts of Chicago is the grid system on which it was built: with few exceptions, the city streets run either north/south or east/west, making the city easily traversable on foot. Additionally, the lakefront path stretches almost the entire length of the city, making it an easy and beautiful option for going from north to south.

As you consider where to buy in the city, one of the biggest considerations in terms of location is walkability: having transit, grocery stores, and other essentials within walking distance is a huge plus.

Driving & Chicago Rush Hour Commute Times

If you plan to drive around the city, one of the most important considerations is parking. Some condos come with parking spots while others do not – and due to the density of population, parking can be hard to come by without a dedicated spot. 

Additionally, as you navigate your commute options, consider the difference that rush hour makes in drive times. It takes around 20 minutes to drive from 1440 N Wood Street in Wicker Park to the Loop without traffic – but it might take up to 40 minutes with traffic between 7-9am and 4-7pm.

Rideshare Options

Whether you have a car or not, relying on rideshare services like Uber and Lyft is a great option if you need flexibility. While these commute options are a great way to get around without relying on public transportation, keep in mind that surge rates still apply during rush hour times – making them a pretty expensive option.

If Uber and Lyft are too expensive or unavailable, taxi cabs are often a cheaper alternative. You can use the Curb app to schedule a taxi ride, or hail one of the many cabs running through the city.

Public Transportation

The ubiquitous presence of buses and ‘L’ trains in Chicago speaks to the popularity of the city’s public transportation system. According to the Chicago Transit Authority (CTA), over one million city residents take trains and buses each day – perhaps because these options are so prevalent and cost-effective. Oftentimes, due to rush hour traffic, public transit can be faster than driving.

When planning your commute via transit, consider tools like the Citymapper and Ventra apps, which provide bus and train times, as well as recommendations for the most efficient commute routes.

If you’re commuting from the suburbs to the city, Metra regional trains are probably your fastest option. As opposed to the continuous service of ‘L’ trains, Metra trains are set on a schedule, making planning your commute as simple as checking the train times.

Biking

Boasting miles of bike lanes, Chicago is a bike-friendly city. This non-traditional option has two main advantages: efficiency and exercise. Not only are bikes immune to car traffic, but this option also allows for quality time outdoors to prepare for and decompress from the workday.

If you’re considering this mode of transportation, safety needs to be top-of-mind. In addition to wearing a helmet, plan to wear bright clothing and add lights to your bike for extra visibility. 

Depending on the trip, shared Divvy bikes are a cheap option that allows you to take the scenic route – this is a great way to mix up your commute while seeing different parts of the city, like the lakefront path.

No matter how you get around Chicago, it’s likely that you’ll take advantage of many of the transportation options the city has available. As you consider buying a home or condo in Chicagoland, our LLCR agents are here to guide you through the process of finding the right space in the perfect location for you. Click the button below to learn more about the homebuying process!

Learn About Our Process

Warm Up in These Chicago Restaurants with Fireplaces this Fall

Something about cozying up next to a fireplace in the middle of winter, especially during a Chicago winter, makes the cold more bearable.

Whether you’re spending a chill night out or bundling up at home, fireplaces are great for keeping warm and creating a comfortable ambiance.

So, how can you ensure you spend time around the fire this winter? For starters, be sure to check out some of our favorite restaurants and bars with fireplaces.

Restaurants with Fireplaces Perfect for Fall in Chicago

  • Red Lion Pub– Located in the heart of Lincoln Park, this British-inspired pub makes a great spot during the cold months. Along with three roaring fireplaces, this neighborhood bar boasts a dark oak planked bar, Tudor beams, and bookshelves lined with books about British history and literature. Every detail of the pub will be sure to warm you up.
  • The Moonlighter– Tucked away in Logan Square, this laidback beer and burger bar offers a cheerful atmosphere, complete with fireplaces inside and outside.
  • Cabra– If you’re looking for a relaxed rooftop bar to enjoy even when the temps cool down, check out this Peruvian West Loop restaurant. You can take advantage of the heat from the outdoor fireplace while soaking up the city skyline views.
  • Beermiscous– When outdoor activities are limited, spend an evening at this snug Lakeview joint. Choose from the many brews and the many board games available before you make yourself at home by the fireplace.

Along with enjoying other establishments’ fireplaces, why not enjoy the perks of a fireplace without stepping outside? Check out these Chicago condo buildings that feature fireplaces.

Chicago Condo Buildings with Fireplace Amenities

  • One Bennet Park– 451 E Grand- This new Streeterville construction offers unprecedented luxury city living. Along with sweeping views of Lake Michigan and the city skyline, the building provides premier amenities, including a fireplace in the lounge. This hangout area also provides city sights and access to the grand terrace.
  • One Chicago– 1 W Chicago Ave- While still under construction, these soon-to-be premier condos will bring a new level of luxury to River North. Along with amenities like a heated rooftop dog park, golf simulator, and residents-only dining room and bar, this building also offers outdoor fireplaces as part of the rooftop lounge.
  • Cirrus– 211 N Harbor Drive- Located in one of Chicago’s hidden neighborhood gems, these Lakeshore East condos also offer all the benefits of brand-new construction. Residents can cool down by the lavish pool or warm up next to firepits on the private rooftop terrace.

Interested in the Chicago condos for sale with fireplaces? Connect with one of our experienced brokers for a showing today! Our team would love to help you find your dream home, complete with unbeatable amenities.

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