7 Helpful Facts About New Apartments In Chicago
From 2017 through 2020, there will be a record number of new apartments in Chicago. Having all the facts necessary to choose the right apartment to call home is important because so many new options are available to renters.
Here are 7 helpful facts to know about all the new apartments in Chicago:
Fact 1: There are 6,600 brand new apartments in 33 different buildings opening in 2017.
Fact 2: Each apartment building is at a different stage of development. Consequently, renters should check construction times to determine first available move-in dates as they will vary.
Fact 4: With the record number of available apartments, renters could feel “apartment FOMO.”However, there is no need to see every single property. Renters should narrow the search by location, price, and availability. It is our recommendation to create a shortlist, which will help streamline the search.
Fact 5: The new apartments will come standard with hard surface flooring, upgraded kitchens and washer/dryer in unit.
Fact 6: Most noteworthy is the high number of transit-oriented developments (TOD) in Chicago. TODs are highly walkable, urban developments centered around public transportation which makes them attractive to renters who do not own a car.
Fact 7: There will be more new apartments coming after 2017. This is the first wave of new apartment inventory to hit the Chicago market. There are other apartment developments currently under construction with delivery dates after 2017. Chicago renters will have lots of apartment options over the next few years.
Want to know more about the 33 brand new Chicago apartment buildings opening in 2017? Click the button below to download our comprehensive 2017 New Chicago Apartment Guide now.
Multifamily Consulting Group Offers Valuable Apartment Data
Luxury Living Chicago Realty announces the launch of a new consulting group, AMG Real Estate Advisors (AMG). Top Chicago apartment broker, Aaron Galvin, founded […]
The Sinclair’s Brand-New Gold Coast Apartments
Construction at the corner of LaSalle and Division is moving steadily on and up, as The Sinclair Gold Coast apartments move closer to its September […]
Pricing Update: River North Apartments
The River North apartment market is about to expand exponentially, with over 1800 units expected to deliver in the neighborhood this year. As the […]
Behind the Scenes of Luxury Living Chicago: Why Did You Want to Work Here?
Welcome to our blog series “Behind the Scenes of Luxury Living Chicago.” Through these posts, we will offer an inside look at our company […]