Landlords have filed more than 40,000 eviction cases across Cook County since 2022, highlighting the continued housing challenges renters face throughout the area. An eviction filing does not always mean a tenant left their home, but the large number of cases shows how often rental disputes reach the courts. Court records also offer a closer […]
Tag: Renting
Chicago Residents Search for Affordable Housing as Rent Prices Surge
Rent prices across Chicago continue climbing in 2026, creating stress for many renters trying to keep up with higher monthly housing costs. Apartment prices have been increasing in many parts of the city, especially in neighborhoods close to downtown, train lines, restaurants, entertainment areas, and office centers. Many renters say they are shocked when lease […]
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 […]
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 […]
Chicago’s Housing Market Faces the Challenge of High Rent
Why is rent so high? As the curtain fell on 2023, the cost of renting mid- to high-end apartments in the Chicago metro area saw an uptick, according to news outlets. This real estate firm evaluates properties based on their design, features, location, and various certifications, providing a comprehensive snapshot of the current market conditions. […]
How Chicago Renters Were Punished for Using Their Legal Rights
In May 2023, three tenants living in a six-unit building in Chicago’s Pilsen neighborhood were dealing with serious problems in their apartment. Cristina Miranda, Tulsi McDaniels, and Alex Wirt reported broken and unsafe conditions: leaking water from the ceiling even when it wasn’t raining, floors that were rotting and could collapse, windows that let in […]
Chicago Rent Prices Are Climbing While Wages Stay Flat
Many people who work full-time jobs in Chicago are finding it almost impossible to rent a decent apartment. Even with a steady income, once taxes, bills, and basic expenses are paid, there’s not much left to cover high rent prices. People are being forced to choose between unsafe living conditions and paying more than they […]
Unlocking the Door to Homeownership: The Pros and Cons of Rent-to-Own in Illinois
Rent-to-own, often abbreviated as RTO, is an increasingly popular option for renters in Illinois who aspire to become homeowners. This innovative approach allows individuals to rent a property with the opportunity to purchase it at a later date. By bridging the gap between renting and buying, the rent-to-own model offers flexibility and potential homeownership benefits. […]
Unpaid Rent Crisis: How the CHA Manages Over $10 Million in Arrears
The Chicago Housing Authority (CHA), the third-largest public housing authority in the United States and the primary rental housing provider in Chicago, is facing significant challenges with rent collection. A report from the agency’s Office of Inspector General reveals that nearly 1,400 residents are substantially behind on their rent payments, with the average delay nearing […]
Why Downtown Chicago Rents Are Rising in 2024 and Who’s Paying these High Prices
After a year of slow growth, Chicago’s downtown apartment market is on the rebound. With rising rental rates, steady demand, and a slowing pace of new construction, the market is showing signs of resilience despite economic uncertainties and supply challenges. Here’s a closer look at the trends shaping the city’s luxury rental market. Rental Rates […]
The Safest Cities in Illinois: A Closer Look
What are the safest cities in Illinois? When it comes to safety and tranquility, the state of Illinois boasts several cities that deserve a mention. From peaceful suburban havens to picturesque rural retreats, the Land of Lincoln offers an array of safe cities for residents and tourists alike. This article explores some of the safest […]
Distinctive Characteristics of the Illinois Real Estate Market
The real estate market varies significantly from state to state due to various factors such as economic conditions, population growth, job market, tax policies, climate, and lifestyle preferences. In the case of Illinois, several unique characteristics distinguish its real estate market from others across the United States. The Illinois Economic Conditions and Job Market Illinois […]