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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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Remaining Luxury Condos to be Auctioned Thursday

There are only 10 Chicago homes left unsold in a new, luxurious, River North high-rise building, and those units are set to be auctioned off on Thursday for almost half their original price.
The Penthouses at Grand Plaza, 545 North Dearborn, has entered its close-out phase and will sell five of the units regardless of price.
The [...]

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Chicago Condo High-Rise Gets Funding to Move On

A Chicago developer has secured a $170-million loan to finish Lincoln Park 2520, one of the largest residential construction projects in Chicago to get financing in more than three years and the first condominium high-rise to be built in Lincoln Park in more than three decades.
Lincoln Park 2520, located on 3.4 acres at 2520 N. [...]

Trump Towers Over North American Hotels

You would think that the top hotels in the country would include sandy beaches and great year-round weather, but it was a newcomer from Chicago that grabbed a top spot in Travel and Leisure’s 2010 World’s Best Awards.
In fact, three of the top four best hotels in the country are located in Chicago.
The Trump International [...]

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Prices Reduced on Chicago Condominiums at Mondial River West

“Mondial is an incredible building in a great location, and we think it’s going to sell very well at these new low prices. The finishes and views are amazing. Construction is complete, and the building is in immaculate condition,” said Michael Golden, co-founder of @properties, the exclusive sales and marketing agent for the development.