Take a look at this wonderfully maintained 620 square foot junior one-bedroom condo in River Plaza, a luxury, full amenity building in the heart of Chicago’s legendary Near North.

The corner unit features wraparound windows that provide a 10th floor view of the city, while letting in tons of natural light. Enjoy ample closet space and a neat and well-apportioned kitchen. Ideal for a turnkey investment, Chicago pied-à-terre, or your next full-time home in the heart of the city. Enjoy easy access to the best the city has to offer, including outdoor dining, the Riverwalk, Michigan Ave. shops, nightlife, theater, and lakefront entertainment. Assessments include an in-building health club and swimming pool, plus heat, AC, TV, and Internet. The building has a 24-hour door staff, a party room, a restaurant, and a dry cleaner. Parking available in the building for sale or rent.

How to Win In a Multiple Offer Scenario

We don’t really go for the whole “home bidding war” language here at Real Group; it’s just a little too intense and angry for our taste. Instead, we prefer the term “multiple offer situation,” a better phrase that more accurately captures what competition for a listing really looks like in the Chicago market.

Because make no mistake: It can get very competitive. Our team was reminded of that quite recently, when our own Jason Finn listed for sale a popular bungalow-style home in a neighborhood where these classic Chicago properties rarely become available.

We’ll let Jason describe what happened next:

What Do You Want in a Home? Ask Yourself These Questions (Source: pexels.com - used as royalty free image)

When it comes time to start hunting for your first home, sometimes the process can be a little overwhelming. Questions abound:

What can I actually get within my budget? How long will it take? What do I really want in a home?

The most important step that a first-time homebuyer can take is to build out a list of their wants and needs. Once you have these guidelines in place, it then becomes easier to prioritize the features that you "can't live without" from the ones that "would be nice," helping you set your limits for what you are and are not willing to compromise on when looking at homes.  

Be prepared to see this list grow and change as you go through the process. And be forewarned that almost all prospective homebuyers will not get everything they want on their list within their budget; compromise has always been a key cornerstone of buying a new home. 

Your Home's Healing Powers

For a long time, we’ve known that home ownership is a sound investment for financial future. But could owning a home actually help your health in the long term as well? Believe it or not, all signs point to yes!

Owning a Home Has Social and Personal Benefits

Numerous studies have highlighted the links between home ownership and mental health – and the results are genuinely incredible. In general, home owners are “happier and healthier” than non-owners, according to the National Association of Realtors’ Social Benefits of Homeownership and Stable Housing report.

While the NAR’s findings are, of course, influenced by a number of factors – including education and income level – the fact that remains that numerous scholars have found links between homeownership and an improvement in physical and emotional well-being. For instance, one study suggests that people who become homeowners report “higher life satisfaction, higher self-esteem, and higher perceived control over their lives.”

Similarly, the NAR’s American Attitudes About Homeownership report suggests a definite connection between homeownership and social and community health. According to that report, homeowners are more likely to know their neighbors and participate in civic activities than renters, and are thus “more satisfied with their community and family life” and are more likely to “describe their communities as safe and stable.”

You Can Customize and Create Your Own Living Space

Real Group Real Estate

Contact Our Team Today

Contact Us
Please enter your name!
Please enter your email!
Write your message!

Search Our Blog

 

 

Subscribe to our Newsletter


Baird & Warner

2526 N Lincoln Ave
Chicago, IL 60614

Login Form

© 2013 - 2020 Real Group Real Estate at Baird & Warner. All Rights Reserved. Designed By Geek Chicago
Baird & Warner, 2526 N Lincoln Ave. Chicago, IL 60614 - Privacy Policy