U.S. Small Business Administration Approves Disaster Declaration for Emerald Village FacilityFollowing a devastating fire on July 14 at the Emerald Village Living facility located at 150 W Wise Road, the U.S. Small Business Administration (SBA) has authorized a disaster declaration for the affected area. This critical declaration opens up avenues for residents, condo homeowners, and […]
Author: Larry Johnson
Why Chicago Office Buildings in River North Are Turning Into Apartments
Chicago’s River North neighborhood is seeing another big change as an old office building is set to become apartments. A real estate company plans to convert a loft-style office property into new housing, responding to how work habits and demand for space have shifted in recent years. With fewer companies needing large office spaces and […]
Real Estate Closing Process in Illinois: Step-by-Step Guide
Buying or selling a property is a significant financial undertaking that requires a clear understanding of the various stages involved, especially the closing process. From Chicago to Springfield, Joliet to Rockford, and across to Peoria, the real estate market in Illinois operates under a standardized process that ensures both buyers and sellers walk away from […]
How Rising Mortgage Rates Are Impacting Illinois Homebuyers
Home sales across Illinois saw a major decline in June 2024 compared to the previous year, according to an Illinois realtors’ advocacy group. Despite this drop, there were some encouraging trends, including a slight increase in homes listed for sale and record-breaking property values. This shift in the market reveals a mix of challenges and […]
What to Expect When Moving to Chicago – The Ultimate Guide
Chicago, fondly known as the Windy City, is a bustling metropolis that attracts countless people every year with its breathtaking architectural wonders, top-tier culinary offerings, and rich and diverse culture. But how good is Chicago as a place to live? This city, with its endless opportunities for entertainment, career development, and a lively urban lifestyle, […]
Child Care Costs in Chicago Are Now Higher Than Rent
Child care in Chicago keeps getting more expensive, and many parents say it now costs more than their monthly rent. This trend is putting a lot of pressure on families who are already trying to keep up with rising prices in the city. Child Care Prices Keep Going Up In the last few years, child […]
Why Living Near Chicago’s Magnificent Mile Raises Home and Condo Values
The Magnificent Mile in Chicago is one of the most popular areas in the entire state. It is known for high-end shopping, tall buildings, restaurants, hotels, and steady foot traffic all day and night. Because it attracts so many visitors and locals, the neighborhoods around it have become some of the most desirable places to […]
How to Get Your Real Estate License in Illinois
The state of Illinois, like many states, has a rigorous process for those wishing to enter the real estate profession. As with any regulated profession, there are specific requirements to be met and procedures to follow. Let’s dive into the details of acquiring a real estate license in Illinois and contrast it with some general […]
Schaumburg Takes the Crown as America’s Most Affordable ‘City-Like’ Suburb
Is Schaumburg the next Chicago? Americans have long looked toward the suburbs for more space, better schools, and a higher quality of life. These qualities, however, often come with a hefty price tag. Fortunately, Illinois residents are in luck. According to a new ranking online, half of the country’s ten most affordable and amenity-rich suburbs […]
The U.S. Cities Where Home Prices Have Surged the Most in 2025
In 2025, home prices in many parts of the United States will have gone up fast, faster than most experts expected. Between January and July, the median home list price climbed about 10%, which equals roughly $39,000 more for the average home. That increase brings the market close to the record highs seen during the […]
How ICE Raids and Immigration Crackdowns Could Affect Renters and Landlords in Chicago
When federal immigration raids increase in a major city like Chicago, the effects reach far beyond immigration itself. The housing market, rental prices, and even new construction can all be influenced by how communities react to fear and instability. While some people might not notice these changes right away, the impact can slowly reshape neighborhoods […]
Why Peoria Is Becoming a Popular Place to Buy a House
Peoria, Illinois, is catching the attention of many buyers because homes there cost a lot less than in many other parts of the country. The average price of a house is well below the national average, which makes it appealing for first-time buyers, families, or even those who can work remotely and want to live […]