2025 Spring Chicago Expo Seminar: Reading the Fine Print - Pro Tips for Contract Negotiations Presented by: Independent Association Managers, Inc./ Reserve Advisors

By Cooperator Staff 28 May 2025 Seminar

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News

1/26/2026 As more homes have community associations, monthly fees can make or break an owner’s living situation - Chicago Tribune

After living in California for several years, Kevin Sherry decided he was ready for a change. In the summer of 2010, the Morton Grove native decided to move back to Chicago.
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1/22/2026 Ex-Blackhawk Marian Hossa's condo selling for millions below his 2018 asking price - Crain's

A Streeterville condo that Marian Hossa put up for sale in 2018 as he was retiring from play with the Blackhawks is under contract at less than half what we wanted for it at the time.
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1/20/2026 Five Lower-Level Condos for Sale - Chicago Magazine

All five listings this week are located near or just above the first level (no garden units). Living on a lower level in a condo building has certain drawbacks — increased noise and limited views — there are also advantages. Lower units tend to be less expensive and offer greater practicality and accessibility, especially in an older building without an elevator. Not having to deal with multiple flights is great for daily convenience! Let’s check out some properties currently on the market located in the South Loop, Gold Coast, North Center, Avondale, and Evanston.
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1/14/2026 Proposal would replace La Grange antique mall with condo building - NBC

An effort is underway to save a building in La Grange that's more than 100 years old is taking place against the backdrop of a proposal that would demolish it and replace it with condos.
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1/12/2026 Woman frustrated CPD will not remove alleged squatter from Chatham condo despite new Illinois law - ABC 7

There is confusion over Illinois' new squatter law, after it went into effect last week.
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1/7/2026 Five Condos for Sale in Landmarked Buildings - Chicago Magazine

Buildings from Keck & Keck and Mies van der Rohe currently have units on the market.
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1/5/2026 Zoning Approved For Chinatown Condo-Hotel - Chicago YIMBY

Zoning has been approved for a mixed-use development at 2000 South Clark Street in Chinatown. Announced earlier this year under the address 2020 South Archer, the project sits at the eastern edge of the neighborhood, across the street from Hilliard Homes. The development is being led by a collaboration between Century 21 Realty Associates and HMC Realty.
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12/24/2025 At this downtown condo building, second-home buyers are back - Crain's

A years-long reluctance to buy downtown Chicago condos as second homes may be easing up, if recent sales at a building in Lakeshore East are any indication.
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12/22/2025 Ken Griffin sells his last big Chicago condo, leaves city behind - Chicago Star Media

Ken Griffin has found a buyer for his last remaining property in Chicago, ending his connection to the city where he built his fortune. According to Crain’s Chicago Business, the 67th-floor condo at Park Tower on North Michigan Avenue went under contract recently, marking the final piece of his downtown real estate portfolio. Griffin purchased this unit back in 2000 for $6.9 million when the building was brand new. The property is listed at $12.5 million, which is less than what he originally paid when adjusted for inflation. Crain’s Chicago Business reports that Griffin's spokesperson confirmed this is his last property in the city, although the billionaire declined to make any further comments about the sale.
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12/18/2025 Colliers Arranges Sale of Two Retail Condos in Chicago’s Southport Corridor - Connect CRE

Colliers’ Chris Irwin recently represented MDN Development in the sale of two net-leased retail condos, 3541-43 Southport and 3539 Southport Unit 1S, in Chicago’s Southport Corridor.
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12/15/2025 Fire sale: Here are downtown Chicago condos with the biggest price cuts - Real Deal

For sellers of condos in downtown Chicago, success may be based on how much of a loss they can stomach.
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12/12/2025 CEDARst and Kayne Anderson Expand Chicago Multifamily Portfolio With Acquisition of 47-Story Residential Tower - Yahoo Finance

CEDARst Companies has outlined the expansion of its Chicago portfolio through the acquisition of a 47-story residential tower in partnership with Kayne Anderson Real Estate. The transaction reflects the firm's emphasis on long-term neighborhood investment, design-forward multifamily living, and disciplined institutional capital partnerships—priorities that have shaped CEDARst's national growth strategy.
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12/10/2025 Woman, 84, injured in fire in condo building in Skokie, Illinois - CBS News

An 84-year-old woman was rushed to the hospital from a fire in a condo building in the north Chicago suburb of Skokie.
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12/5/2025 Ken Griffin's last remaining Chicago condo lands a buyer - Crain's

The last piece of Citadel chief Ken Griffin's portfolio of Chicago condos went under contract to a buyer today, nearly two and a half years after he began selling his units in various downtown towers after moving his business empire and family to Florida.
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12/1/2025 Garage condos for high-end car collectors planned for Lake Zurich - Crain's

A former professional race car driver who's now a real estate developer is revving the engine of his latest project, a plan to build luxurious garage condos where car buffs can house and show off their vehicles.
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11/26/2025 Police confirm Arlington Heights incident at condo building was murder-suicide - Fox 32

Two men found dead in a utility room at a condominium complex in Arlington Heights on Friday died in a murder-suicide, police confirmed.
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11/24/2025 Country Club Hills condo owner forced to sell after association fails to reimburse bills for leaky roof - CBS

A condo owner in Country Club Hills says he's forced to sell his home after his condo association failed to reimburse him for repairs to his leaking roof. Edward Hadnott's condo has sat empty since a major roof leak in 2022. He says his condo association told him to keep receipts while they changed management, so he paid to fix the roof himself.
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11/20/2025 Marcus Lemonis unloads Streeterville condo at discount - Real Deal

Marcus Lemonis took a loss on his Streeterville condo, highlighting prolonged value erosion at the Bloomingdale’s building. The Camping World co-founder and former CNBC personality sold his 4,800-square-foot, 21st-floor unit in September for $3.3 million, the Chicago Tribune reported. The deal works out to $689 per square foot.
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11/11/2025 Mixed-Use Condo Building Proposed At 2137 West Irving Park Road In North Center - Chicago YIMBY

Plans have been revealed for a mixed-use development at 2137 West Irving Park Road in North Center. Located at the intersection with North Hamilton Avenue, the proposal would replace a one-story drive-thru bank and a two-story residential building to its west. Efforts for the project are being led by Barrett Homes.
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11/7/2025 Palmolive condo sells for less than half its 2007 price, the latest in a string of discount sales - Crain's

A condo in the Palmolive building sold for less than half its price from 2007, the latest in a string of deeply discounted sales in a landmark that used to be among the top-priced residential buildings on North Michigan Avenue.
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