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Buying a Condo in Chicago

Buying a condo in Chicago, Illinois can be a fun and rewarding experience. The “windy city” contains condos for any budget and any lifestyle, so if you look hard enough, you will more than likely find what you are looking for among the Chicago condos for sale.

A condominium offers a number of advantages as well as disadvantages for a home owner. On the plus side, buying a condo in Chicago allows you to own your home without all of the upkeep and maintenance that a traditional single family home requires. Typically, when you are part of a condominium association you will not have to worry about things like lawn care or upkeep of common areas. You may also have access to the same amenities that are often found in an apartment complex such as a swimming pool, gym, business center, or clubhouse. Again, all of these common areas will be maintained by the condominium association. Unlike living in an apartment, however, you have the ability to make the space your own. You may do things like paint the walls, change fixtures, or upgrade appliances to truly make the home reflect you and your family.

On the flip side, you will need to adhere to the rules and bylaws of the condominium association with regard to what you can do to your property. For example, you may not be allowed to paint the outside of your home a particular color if the bylaws prohibit it. In addition, all of the services that the condo association provides are paid for by monthly dues paid by the condo association members. Depending on where you decide to purchase your condo, the monthly association dues may be different and will be subject to change.

Chicago condos that are listed on the market for sale include both new and resale condos and reflect almost any architectural style from modern to traditional or from luxurious to modest. When most people think of a condominium they envision an apartment-like space. However, Chicago condos for sale come in many shapes and sizes. Whether you are looking for a luxury condo in a high-rise building or are more interested in finding an affordable living space to own, Chicago offers a wide range of condos for sale.  You can find ultra-chic condos in Chicago that have been converted from old warehouses into lofts at a reasonable price, and for a premium, you can live in a penthouse overlooking the Chicago skyline. There are also a number of condominiums in Chicago that actually look like single family homes that are joined together. These condos tend to have more green space and more traditional landscaping. By taking some time to narrow down you search by deciding exactly what you are looking for in your Chicago condo (as well as how much you can afford), you should be able to find the perfect condo for you in no time.