Jan 16, 2020 | Blog
Over the last few years, the sale of an entire condominium building to one investor proliferated in Chicago. Condo Deconversions, as they are called, have been well documented in the press and have been known to cause a lot of emotions amongst condo owners. Before...
Aug 28, 2019 | Blog
I’m frequently asked which neighborhoods I think are best suited for condominium deconversions, and why. Perhaps as interesting are areas that generally won’t work well, and neighborhoods throughout the south side of Chicago are a great example of this. At first...
Apr 4, 2019 | Blog
Before buying a “starter” condo, we need to explore the history of the building and how that impacts your investment. The housing bubble in the mid-2000s created a massive amount of “new” condominiums in Chicago. Developers purchased vintage (pre-1929 construction)...