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

8/7/2025 In downtown Chicago's condo market, the hits keep coming - Crain's

Last week was rough on the downtown condo market, with nine different examples popping up to show that the price declines of the fraught early 2020s aren't over.
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8/4/2025 Ex-Blackhawk Patrick Kane sells Gold Coast condo for $6.4 million - Crain's

Hockey great Patrick Kane, whose 16 seasons with the Chicago Blackhawks included three Stanley Cup wins, sold a Gold Coast condo for $6.4 million.
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8/2/2025 Some North Side condo residents asked to leave units amid hazmat investigation: CFD, officials - ABC

There is a hazmat investigation on the North Side Friday, Chicago fire officials said. Chopper 7 was over a high-rise in the 1100-block of West Catalpa Avenue in Edgewater about noon. There was a visible emergency response.
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7/29/2025 'The Bean' sculptor puts Manhattan condo up for sale at almost $17.8 million - Crain's

Anish Kapoor, whose monumental sculpture Cloud Gate, aka The Bean, is a Millennium Park focal point, is asking $17.75 million for his Manhattan condo.
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7/28/2025 Here are 5 properties you could buy with $400,000 — the median sales price for a Chicago home - Chicago Sun Times

Chicago’s housing market last month saw its inventory drop and fewer new listings, but sales still rebounded, according to the Chicago Association of Realtors latest report.
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7/25/2025 Former Chicago Cubs infielder Jeimer Candelario buys Lakeview condo for $725,000 - Chicago Tribune

Former Chicago Cubs infielder Jeimer Candelario in February paid $725,000 for a three-bedroom condominium in the Lakeview neighborhood.
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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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