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To snag a home in Chicago's tight market, connections help

When we went out on family walks, I would talk to people, says Dave DeYoung. I d say, Do you know anyone who s looking to sell? We were just out getting to know the neighborhood, but basically, I was prospecting.
It worked. Earlier this year, the DeYoungs bought a five-bedroom Prairie Style house on Damen Avenue for $490,000. The sellers, who declined to comment for this story, didn t have to do any premarket painting, install air conditioning or pay agents commissions. The DeYoungs got a pre-pandemic price, Dave says, and sidestepped the hassle of bidding wars.
In a real estate market filled with frustrations lost bidding wars, sharply rising prices and a dearth of inventory among them buyers like the DeYoungs are trying to jump the line. If they re not moseying up to strangers, they re asking real estate agents to massage their personal networks in search of a house that isn t on the market or even texting homeowners to ask if they d consider selling. ....

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Developer Gerald Fogelson sells One Mag Mile condo

Developer Gerald Fogelson sold his four-bedroom, duplex condominium in the 57-story One Magnificent Mile complex on the Gold Coast for $2.85 million. ....

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Moceri + Roszak Announces The Start of Leasing at 26-Story Parkline Chicago Luxury Residential Tower in Chicago's Loop Area

CHICAGO, IL - Chicago-based developer Moceri + Roszak, in partnership with Thomas Roszak Architecture, has announced the beginning of leasing for Parkline Chicago’s 190 apartments. The 26-story luxury tower also features 24 condominium homes and 6,400 square feet of ground-floor retail at 60 E. Randolph St. in Chicago’s Loop.
Construction is set to be completed this spring, with Clark Construction as general contractor. The apartments begin delivering this month, while the condominiums will be ready for occupancy in April.
Monthly rents for Parkline Chicago apartments range from $1,910 to $3,725, with apartments located on floors 4 to 19 and measuring 545 to 1,162 square feet. Apartment floor plans include studio, one-bedroom convertible, one-bedroom, and two-bedroom designs with one to two baths, with some plans featuring a designated workspace and an outdoor terrace. One larger rental unit on the 19th floor measures 1,520 square feet and offers three bedrooms, th ....

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