Thank You for Joining Us at the CooperatorEvents Chicagoland Expo – May 21st, 2025! spring.ilexpo.com

By Cooperator Studio 27 May 2025 Real Estate Trends

A heartfelt thank you to everyone who joined us at the 2025 CooperatorEvents Chicagoland Spring Expo. Your enthusiasm, insights, and engagement helped make the event an incredible success.

To our exhibitors—your expertise, innovation, and dedication brought tremendous value to the day. We appreciate your commitment to elevating the community association industry.

To our attendees—thank you for spending the day connecting, learning, and exploring solutions for your communities. We hope you walked away with fresh ideas, new contacts, and actionable strategies.

We’re truly grateful for your participation and can’t wait to see you at future CooperatorEvents!

— The CooperatorEvents Team

spring.ilexpo.com

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News

10/21/2026 In 1959, Hugh Hefner bought Chicago’s first Playboy Mansion for $400k; decades later, the 72-room Gold Coast estate became luxury condos, with one for $6.7 million - Secret Chicago

Many people know the Playboy Mansion as a symbol of Los Angeles—where Hugh Hefner lived much of his life. However, few are aware that the first mansion was actually located in Chicago’s Gold Coast. Located on 1340 N. State Parkway, it was Hefner’s home, workplace, and a spot for what he’s most known for—incandescent celebrity-filled parties.
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10/19/2026 Condo Adviser: Unit owner can sue for records 10 days after requesting them - Chicago Tribune

Q. The new board president of our condominium association instituted a procedural rule that unit owners may not contact board members directly and must contact the managing agent for association-related requests. I contacted the managing agent and formally requested copies of board meeting minutes, but the management company only replied they would forward my request to the board, and neither the manager nor the board have provided the requested meeting minutes. What is my next step?
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10/16/2026 River North condo owner raises balcony safety concerns at 54-story high-rise - Fox 32 Chicago

A River North condo owner is raising concerns about deteriorating balconies at a downtown high-rise, pointing to exposed metal reinforcement and crumbling building material he fears could eventually faA River North condo owner is raising concerns about deteriorating balconies at a downtown high-rise, pointing to exposed metal reinforcement and crumbling building material he fears could eventually fall onto people below.ll onto people below.
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10/13/2026 Christian Science church in Lincoln Park gets new life as multimillion-dollar condos - Crain's Chicago Business

A condo project that pairs the work of one of Chicago’s most eminent living architects with a 1901 design by one of its greatest historical architects is nearing completion, with sales of the condos launching in the next few weeks.
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10/7/2026 Northmarq provides $24.7 million in financing for 93-unit apartment building in Chicago - RE Journals

Northmarq’s Chicago Debt + Equity team led by Kevin McCarthy successfully arranged $24.7 million in refinancing for Reside on Jackson, a 93-unit Class A multifamily property located at 1241 and 1245 W. Jackson Blvd. in Chicago.
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9/24/2026 70-Unit Condo Building Approved For Vacant Lot Near Mary Bartelme Park - Block Club Chicago

A 70-unit condo building will fill a long-vacant lot near Mary Bartelme Park after years of back and forth between residents, the alderman and the developer.
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9/22/2026 ‘City’s Worst Landowner’ Ran Shell Company Scheme To Pay For Maserati, Luxury Condo: Attorneys - Block Club Chicago

A Maserati. A luxury condo. These are a couple of the indulgences Chicago landowners Suzie B. Wilson and her sister Swedlana Dass allegedly paid for with millions of dollars illegally raked in from more than 1,000 neglected and distressed properties they owned throughout the South and West sides, according to a new complaint filed by the city against the mega-debtors.
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9/16/2026 $8 million condo at One Chicago is city’s highest-priced home sale of the year - Crain's

A high-floor condo at the One Chicago tower on Superior Street sold for $8 million, the highest recorded price for a home in the city so far in 2026.
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9/10/2026 First office-to-apartment conversion in city’s $250M push to remake the Loop opens - Crain's

The first completed project in the city’s nearly $250 million push to convert underutilized Loop office buildings into housing has opened to residents.
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8/31/2026 Buffalo Grove man with degenerative disease hasn't left condo since April because of broken elevator - CBS

A Buffalo Grove man with a medical condition that impairs his mobility says he hasn't left his condo in more than four months because his building's elevator is broken and hasn't been fixed.
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8/28/2026 Condo buyout specialist Yitzy Klor defaults on $51M in loans backed by units in Chicago towers - The Real Deal

Yitzy Klor’s future condo buyout plans are under threat. A portfolio of 137 units across seven Chicago condo towers face foreclosure over a default totaling nearly $51 million, with the debt personally backed by Klor, head of Strategic Properties of North America (SPNA), according to documents obtained by The Real Deal from the Cook County Circuit Court.
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8/21/2026 New rules could complicate Chicago condo sales - Axios

Some condo owners could find it harder to sell their units under tougher new Fannie Mae and Freddie Mac lending standards.
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8/17/2026 Condo Adviser: When it comes to allowing dogs, condominium declaration has the final say - Chicago Tribune

Q. I am a unit owner in a condominium association. Our condominium declaration states that dogs are not allowed to be kept in units, and a maximum of two cats are allowed per unit. However, successive boards have chosen not to enforce the restriction prohibiting dogs. Two years ago, the board of directors approved rules and regulations regarding allowed dog breeds and imposing dog weight limits. How can the rules and regulations allow dogs when our declaration prohibits dogs?
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8/14/2026 Northwestern dropout teams up with father to fix Chicago's apartment hunt - Chicago Star Media

Every North Sider who has ever hunted for an apartment knows the dread of Chicago's rental market: chasing down leasing agents, hunting for hidden lockboxes and getting ghosted by online brokers. Bella Campise, 21, is using her deep Chicago real estate roots to rewrite the rules.
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8/12/2026 Ex-Blackhawk Richard Panik selling Loop condo - Crain's

Hockey pro Richard Panik, who skated for the Blackhawks for three seasons in the 2010s and later came back to Chicago for a season with the Wolves, put his State Street condo up for sale.
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8/4/2026 Got cash? With few properties on sale, Chicago homebuyers are having bidding wars - WBEZChicago

Michael Mutz has been ready to move out of his parents’ home in Lincoln Park. But after nine months of trying to buy his first home, he’s starting to feel worn down.
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7/31/2026 Optima Lumina development begins condominium sales - Urbanize Chicago

Condominium sales have begun for Optima Lumina, a condominium development planned for downtown Wilmette on Chicago’s North Shore. Planned by Optima, Inc, the 133-unit for-sale condominium community is designed, developed, built and managed by the integrated real estate firm. The development will replace the former Imperial Motors car dealership and is located immediately north of Optima Verdana, a 100-unit rental community that Optima opened in 2023.
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7/27/2026 Condos in Chicago’s Lakeshore East are selling faster than a cold beer at Wrigley - Chicago Star Media

Sales at Cirrus Condominiums in Chicago’s Lakeshore East have more than doubled in the first half of 2026 as shrinking inventory and steady demand draw buyers back downtown, according to Jameson Sotheby’s International Realty and The Real Deal. The 47-story tower at 211 N. Harbor Drive closed on 46 units and had 15 more under contract, for a total of 61 sales in the period, the report confirmed. That compares with 24 units sold in the same stretch a year earlier and 13 units in the first half of 2023, per Jameson Sotheby’s data.
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7/24/2026 Full building permit issued for 1282 W. Washington - Urbanize Chicago

A full building permit has been issued for a condo development at 1282 W. Washington in the West Loop. Planned by ZSD Corp and Corwin Partners, the development is being planned for a midblock site along W. Washington Blvd between N. Elizabeth St and N. Ada St. The one-story structure that currently occupies the site will be demolished.
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7/22/2026 The North Shore’s condo boom approaches the $5 million frontier - Crain's

The launch of sales at a Wilmette condo building this week will set a new high for condos in suburban downtowns, with an asking price of slightly under $4.6 million — lifting the existing top by more than half a million dollars.
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