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29Oct/09Off

Chicago Condos

Where can you find the best Chicago condos?   Chicago is such a mix of cultures and nationalities with over 77 different neighborhoods that condo buyers have a variety of choices from the more upscale Gold Coast to the excitement of River North.  There is no place like the city of Chicago and all it has to offer from the dozens of museums to professional sports for those who want to live in one of the most exciting cities in the world.  Chicago condos have become one of the fastest growing segments in the residential real estate market for first time homebuyers or those looking to experience the excitement of downtown living.

There are literally hundreds of condos to choose from at almost any price.  There are several major developments currently going on downtown and many developers are rolling out new incentives for pre-construction Chicago condos.  Some developers are offering credits as high as $30,000 toward furniture as well as the services of a professional interior designer who sign up before a deadline.  Others developers are offering a wide range of incentives from free parking spaces to options on floor plans at no cost and price guarantees.

Some of the best Chicago condos are scattered throughout the city and below are just a few.

  • Century Station
  • Trump Tower
  • Kinetic Condos
  • Walton on the Park
  • Silver Tower
  • The Chicago Spire
  • Ecologic Lofts
  • University Commons

There is no better time to start looking for the best Chicago condos than now.  Interest rates are low and pricing is the most reasonable in years with developers and sellers offering incentives to make their units stand out.  That is why choosing the right Real Estate Agent to represent and market your property is a smart move.  Your agent will review with you the different kinds of listing agreements or sales contracts and recommend the structure that would work best for your marketplace and property.  But no matter who you choose, always look for these four parts in the agreement.

1.            Timing - duration of the agreement should be clearly stated

2.            Compensation - fee structure and payout

3.            Cancellation - What happens if you wish to cancel the contract

4.            Disputes - How will disputes be handled.

 

The agreement is an important document.  Read and understand all sections and if you don't ask a real estate professional or attorney.

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