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

7/21/2025 Old Town condo association sues developer Fern Hill over 36-story residential tower - Chicago Sun Times

Some Old Town residents filed a lawsuit Tuesday afternoon against a Loop developer and the city of Chicago to halt the construction of a 36-story residential tower.
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7/18/2025 Gold Coast's 'ghost building' comes back to life as multimillion-dollar condos - Crain's

A Gold Coast courtyard building that sat puzzlingly empty for at least two decades and came to be known as a ghost building has been reanimated as high-end condos, most priced over $4 million.
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7/14/2025 Two distressed Loop office buildings hit the market with an eye toward apartments - Crain's

Two historic distressed office buildings just steps from Grant Park are being marketed for sale as opportunities for investors to pick them up at steep discounts and turn them into apartments or other uses.
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7/8/2025 Chicago startup aims to protect homebuyers from HOA surprises - Crain's

The two-bedroom condo his clients liked in West Ridge looked good, but the condo association's finances made Joe Green, a Keller Williams One Chicago agent, a little worried.
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7/3/2025 I sold my Chicago condo to save money after losing my job, and I regret it. It's now valued at $193,000 more than I paid. - Business Insider

After seven months on the market, my once-perfect suburban home had a new family. I pictured them filled with hope, just as I had been. With the moving truck loaded, I burned sage in every corner of the empty house, wishing them the fortune I'd missed with my ex and his three kids. That same day, in the fall of 2018, I headed to downtown Chicago to unload in my new condo.
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7/2/2025 WBBM-Ch. 2 weekend news anchor Suzanne Le Mignot and her husband buy Gold Coast condo for $928,500 - Chicago Tribune

WBBM-Ch. 2 weekend morning news anchor and weekday reporter Suzanne Le Mignot and her husband, John Luce, paid $928,500 earlier this year for a two-bedroom condominium on the 14th floor of a vintage and recently converted and renovated Gold Coast building.
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6/30/2025 Former Mayor Richard Daley cuts price of his Lake Shore Drive condo - Crain's

Former Chicago Mayor Richard M. Daley took 10% off the asking price of his Lake Shore Drive condo today.
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6/23/2025 YK Investments Closes Loan for Chicago Condo Deconversion - Multi-Housing News

YK Investments has landed a $25.14 million bridge loan to acquire full control of and begin renovations at The Archer, a 68-unit multifamily property located on Chicago’s Gold Coast. Concord Summit Capital, LLC arranged the bridge financing.
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6/20/2025 Kiser Group Arranges $5.9M Sale of Apartment Building in Chicago’s Morgan Park - Rebusiness Online

Kiser Group has arranged the $5.9 million sale of a 42-unit multifamily property in Chicago’s Morgan Park neighborhood. The sales price of $140,000 per unit represents the highest price-per-unit ever recorded in the area, according to Kiser.
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6/16/2025 Fire blasts through roof of condo building in Chicago's South Loop - CBS

A fire broke out Sunday evening at a residential building in Chicago's South Loop. Video from Citizen app taken before dusk showed flames shooting from the roof of the condo building at 1845 S. State St.
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6/12/2025 Bears player D.J. Moore sells Lincolnshire condo for $870,000 - Chicago Tribune

Chicago Bears wide receiver D.J. Moore on June 6 sold his three-bedroom, 3,272-square-foot duplex penthouse condominium in a building in Lincolnshire for $870,000.
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6/11/2025 Another big St. Regis sale shows both the tower, and the condo market, are turning around - Crain's Chicago Business

A Denver-based investor has made its third big-dollar sale from among the dozens of condos in the St. Regis tower on Wacker Drive that it took over in a bulk sale late last year.
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6/9/2025 Israel Idonije, ex-Chicago Bear and entrepreneur, buys St. Regis condo - Crain's

Israel Idonije, who played nine seasons with the Chicago Bears and in retirement opened hospitality and fitness venues in the South Loop and launched a line of comic books, has bought a condo in the St. Regis.
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6/5/2025 Chicago offices to become apartments as part of national conversion surge - CoStar

The upper floors of a 10-story building in Chicago’s River North are set to be redeveloped from offices into 153 apartments in one of the largest projects of its kind to break ground in the city in recent years amid a national trend of conversions.
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6/4/2025 Five Historic Chicago Condos for Sale - Chicago Magazine

6/3/2025 Israel Idonije, ex-Chicago Bear and entrepreneur, buys St. Regis condo - Crain's

5/30/2025 Kiser Group Negotiates $5.7M Sale of Chicago Apartment Building - Rebusiness

Kiser Group has negotiated the $5.7 million sale of a fully occupied apartment building in Chicago’s Edgewater neighborhood.
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5/28/2025 Chicago Bulls guard Jevon Carter sells West Loop condo for $983,000 - Chicago Tribune

Chicago Bulls guard Jevon Carter in late January sold his three-bedroom, 2,535-square-foot condominium on the eighth floor of a West Loop high-rise for $983,000 — $18,000 more than he had paid for it a year and a half earlier.
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5/27/2025 Five Historic Chicago Condos for Sale - Chicago Magazine

Sometimes I feel like it’s becoming harder to find a classic apartment layout in Chicago; a property that has not been remodeled into an open-concept design that’s stripped of all character. If you’ve lived in Chicago long enough, then you’re probably familiar with the traditional Chicago flat layout: a living room with large windows in the front, dining room in the middle, kitchen at the rear, and bedrooms off to the side. Of course, they’re not all exactly alike, but there is definitely a distinction between rooms. After looking at enough real estate listings, the new or remodeled homes all begin to look the same (the trend of making everything gray certainly doesn’t help). But many homeowners prefer charm over a characterless box, and historic buildings offer details that you cannot find in today’s new construction. These properties often have original hardwood floors, custom built-ins, decorative moldings, and other great vintage details. Here are five lovely condos for sale, located in either prewar apartments or flats, that all maintain their original footprints.
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5/22/2025 Silver Property Group completes $22M portfolio acquisition with North Side apartment purchase - Chicago Business Journal

Silver Property Group's latest North Side apartment purchase reveals its strategic approach in Chicago's multifamily market.
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