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Daley Increasing Condo Renter and Buyer Rights

Mayor Richard M. Daley unveiled a plan Thursday aimed at protecting Chicago real estate renters and buyers.
When the real estate market was hot several years ago, there were developers converting apartments into condominiums all over the city, which strengthened neighborhoods and allowed many buyers to purchase their first home.
Many renters found themselves displaced, however, because [...]

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Zillow Now Offers Apartment Listings

Two of the nation’s largest online real estate sites are partnering up.
Chicago-based Apartments.com will now add its list of 90,000 managed apartment rental listings to Zillow.com, bringing the total number of home and apartment rental listings to more than 150,000 to the Seattle-based site.
Zillow.com, which offers real estate information for homeowners, buyers, sellers, renters, agents [...]

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Allstate Insurance Increasing Illinois Renter Rates

If you get your renter’s insurance in Illinois through Allstate, you are not going to like this story. It has a consolation at the end, though.
Starting August 16, Allstate Corp. is raising its renter’s insurance by an average of 16.8 percent in the state of Illinois.
Officials from the Northbrook-based company, who say they haven’t increased [...]

Wrigleyville Development Scores Approval from Chicago City Council

Guess it’s a go: The Chicago City Council has approved a proposal that will plant a housing, shopping and hotel development across from Wrigley Field.
The $100 million development, called Addison Park on Clark, will be on the east side of Clark Street and will overlook Wrigley Field from the south side of Addison Street.
It [...]

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Housing Project Named for Legacy Ready to Become a Legacy

A new, affordable rental development in Chicago’s Humboldt Park neighborhood has officially opened its eco-friendly doors.
Rosa Parks Apartments is a 94-unit, eight-building development that was built on long-standing vacant land between Kedzie and Drake Avenues, Huron Street and Franklin Boulevard on the city’s West side.
The project is a mix of two-, three- and six-flats and [...]