Comments for The Chicago Realty Blog

Comment on Being a Landlord in Chicago – How to Protect Yourself! by Chad Noyes

Chad Noyes — Tue, 28 Aug 2012 21:53:16 +0000

Excellent information! I found this online and after the fact realized that I know Paul Blackburn! Good work Paul!

Comment on Being a Landlord in Chicago – How to Protect Yourself! by Jim

Jim — Sun, 22 Jul 2012 23:58:42 +0000

Great information, much appreciated.

Comment on Cheap Condos on Lake Shore Drive? by thechicagorealtyblog

thechicagorealtyblog — Wed, 30 May 2012 20:32:37 +0000

Hey Joe – Thanks for the update. I did hear something about this. Please do shoot me an e-mail at Paul@PKBlackburn.com with the details and I would be happy to put together a blog about it that can be shared.

Comment on Cheap Condos on Lake Shore Drive? by Joseph Wu

Joseph Wu — Wed, 30 May 2012 20:30:25 +0000

Paul,
3600 N Lake Shore Dr, also does not allow unit owners to rent. This rental restriction rule is being challenged in court. Please write a blog about this, I can help you out with some details if you want to share it with everyone. Other unit owners may be very interested that their rights are being violated as well.
Joe

Comment on THE CHANDLER – 450 E. WATERSIDE TRYING TO CAP RENTALS by christophermichaelroth

christophermichaelroth — Sat, 05 May 2012 22:16:26 +0000

Letter and Survey received today via US Mail.

Comment on THE CHANDLER – 450 E. WATERSIDE TRYING TO CAP RENTALS by christophermichaelroth

christophermichaelroth — Sat, 05 May 2012 22:14:41 +0000

Paul, in your position as a Chicago Real Estate professional have you seen or can you verify the Board’s original item 6 which states “49%, That is the magic number for tenant occupied units. When any building moves above that options such as FHA may go away and other serious buyer financing and re-fi issues may arise.” I’ve only been able to find this restriction for a “development” loan, not an individual unit refi. I’m also wondering if it is possible to get an understanding of how many current mortgages in the Chandler have FHA loans. Thoughts welcome.

Comment on THE CHANDLER – 450 E. WATERSIDE TRYING TO CAP RENTALS by iKonverse Convener

iKonverse Convener — Wed, 02 May 2012 22:00:04 +0000

We have also set up a conversation group on iKONVERSE for people to discuss issues more broadly related to Lakeshore East — positive, negative, tips, useful info, etc. Please sign up for free. Go to ikonverse.com and go to the Open Conversations.

Comment on How Much Can My Landlord Increase My Rent in Chicago?! by Michael

Michael — Mon, 16 Apr 2012 17:36:50 +0000

Thanks for the quick reply. I’m particularly interested in stats for select neighborhoods on the NW side of Chicago: Jefferson Park, Mayfair, Portage Park, and Six Corners (technically part of Portage Park, but might be broken out separately). If it’s something you can easily post, that’s great. Otherwise, I can keep poking around.

Comment on How Much Can My Landlord Increase My Rent in Chicago?! by thechicagorealtyblog

thechicagorealtyblog — Mon, 16 Apr 2012 15:26:23 +0000

Hi Michael – I run my own stats on rental prices using data from the MLS. I do break them down by neighborhood and then further break them down by bedroom size. I’ve run stats on most neighborhoods in Chicago. Here is a post from November with a few of the more popular ones. If there is any particular neighborhood you’re interested in just let me know. http://thechicagorealtyblog.com/2011/11/01/how-much-have-rents-increased-in-chicago/

Comment on How Much Can My Landlord Increase My Rent in Chicago?! by Michael

Michael — Mon, 16 Apr 2012 15:21:56 +0000

Thanks for this post, Paul. What’s your source on rental price increases? Is it broken down by neighborhood?