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Chicago Real Estate Dictionary
duplex : apartment with two levels of interior living space
duplex-up : a duplex apartment that occupies the top 2 floors of the building (i.e. floors 2 & 3 of a 3-Flat)
duplex-down : a duplex apartment that occupies the 1st floor above ground and the garden level (also called basement or lower level)
garden apartment : unit located partially below ground level (i.e. finished basement)
penthouse : top floor unit; occupies the top floor or top two floors of the building in which it is located
two flat : 2-story building with zoning that allows for a maximum of two residential apartment units or one single family residence
three flat : 3-story building with zoning that allows for a maximum of three residential apartment units
townhouse : multi-level residential unit that shares common walls with neighboring units, but does not have any units above or below itself
Most Popular Chicago Neighborhoods in 2015
1. Lincoln Park (2,758 unique views)
2. Lakeview (1,530)
3. West Loop (1,373)
4. Old Town (1,359)
5. Wicker Park (1,193)
6. Bucktown (1,093)
7. Streeterville (1,053)
8. South Loop (992)
9. Downtown Loop (680)
10. Gold Coast (646)
Featured Chicago Rental Properties
Rental Client Approach
We specialize in finding clients the best available rental property according to their specific preferences. Finding the ideal rental unit includes carefully considering the following factors in a property: square footage, floor plan, macro location, micro location, number of bedrooms, number of bathrooms, parking, accessibility, quality of construction, interior finishes, equipment, parking and price. Having an in-depth knowledge of the Chicago rental market allows us to narrow down the possibilities and present our clients with the most relevant options for their search criteria. This is our basic philosophy and how we approach client’s rental searches.
Rental Property Owner Strategy
When representing a property owner our goal is to find a qualified tenant who can start the lease as close to the desired move-in date as possible at the highest fair market price. Our priority for landlords is to keep their units occupied at all times and to secure tenants that have excellent credentials and have the lowest probability of default. We also stress the importance of keeping our landlord’s leases within the Spring-Summer rental cycle to take full advantage of the best available market times. We actively seek two-year leases whenever possible.
Our marketing strategy includes taking 15-20 detailed, high-quality, large size photos of each property. We combine the photos with an excellent description that focuses on the aspects of the property that renters are most interested in and also include accurate room dimensions and a description of the interior layout. We use all of the major marketing mediums to advertise our rental listings and reach an estimated 95% of active Chicago renters seeking a property with similar characteristics.
Are you looking for a specific property address? Search for it here to see current real estate listings at any given address.
Search Chicago MLS for all properties currently listed for rent and for sale.
Help plan your upcoming move by creating a custom floor plan and filling it with your furniture.
Find out what a property’s potential value is by learning the Chicago Zoning Code that applies to the specific property address.
General Real Estate Resources
Try the NY Times Buying vs. Renting Calculator to see which option is best for you
Detailed year-by-year breakdown of costs and benefits with adjustable variables for monthly rent, annual rent increases, utilities, home purchase price, down payment, closing costs, interest rate, annual home price change, annual property taxes, home renovations and more!
Looking to buy land? Check out land for sale listings and land auctions in every state at www.BillyLand.com
Considering a custom build? Check out ePlans where you can fit a floor plan according to your lot size and style preferences. You can start with traditional style platforms such as Colonial, Cape Cod, Bungalow, Modern and customize your design even further. This site also provides links to actual home builders and gives cost estimates.
The craziest collection of tiny houses you have ever seen! Check out tinyhouseblog.com for some truly unique spaces