How To Maximize Your Credit Score

To keep your increasingly important credit score as high as possible, we recommend the following advice by Larry Bettag, Vice President, Cherry Creek Mortgage, reprinted from HomeFinder.com:

Here are 5 factors impacting your credit score (in the order of importance):

1. Payment History has a 35 percent impact. Paying debt on time and in full has a positive impact, and late payments, judgments and charge-offs have a negative impact.

2. Outstanding Credit Balances have a 30 percent impact. Debt ratio of outstanding balance to available credit is important. Keeping that below 50 percent is wise and below 30 percent even wiser. It is never a good idea to close an account; the debt ratio will go up and the number of seasoned lines will decrease.

Pay outstanding debt down as close to zero as possible and evenly redistribute the remaining balance among the open lines. The increased interest incurred by moving a balance from a zero percent card to a 23 percent card will be minimal relative to what the increased mortgage debt might be with a low credit score. Hitting the maximums of available credit can be very negative. It may be worth calling and asking the credit company to increase your available credit to lower the debt ratio, provided they can do so without a hard credit inquiry.

3. Credit History has a 15 percent impact. The length of time a particular credit line has been opened is important. A seasoned borrower is stronger.

4. Type of Credit has a 10 percent impact. A mix of auto loans, credit cards and mortgages is positive, rather than a concentration in credit cards only.

5. Inquiries have a 10 percent impact. Hard inquiries for credit will negatively impact the score. Auto and mortgage inquiries receive special treatment and 20 inquiries can be made in a 14-day period for auto or mortgage and will be treated as only 1 inquiry. The maximum number of inquiries that will reduce the score is 10. Any inquiries beyond that (11 plus) in a six month period will have no further impact on the borrower. Each hard inquiry can cost 2-50 points on a credit score.

Time to Refinance?

Considering refinancing your mortgage, to take advantage of historically low interest rates, below 5%, in some cases?

As a first step, we recommend you read the helpful article by Sandra Block in USA Today, then contact your local lender.

If you're interested in refinancing, writes Block, here's what you'll need:

Excellent credit
To get the lowest rates, you'll need a FICO credit score of 720 or higher.

Obtain your credit score before you apply for a mortgage. You can order a free copy of all three of your credit reports once a year at http://www.usatoday.com/money/economy/housing/www.annualcreditreport.com. You'll have to pay extra for your credit score.

Once you've received your credit reports, check them for errors that could hurt your score. If your reports show late payments — and the information is accurate — the only way to repair the damage is by showing lenders that you've changed your ways.

However, if your credit reports show large credit card balances, you can raise your score quickly by paying them off. Your "credit utilization" ratio, which reflects to the amount you've borrowed as a percentage of your available credit, accounts for 30% of your credit score.

Home equity
Ideally, you should have at least 20% equity, based on your home's current appraised value. Most lenders will require an appraisal before refinancing your loan, and if the value of your home has dropped, you may be unable to refinance, or decide it's not worth the trouble.

Homeowners with less than 20% equity may still be able to refinance, but they'll probably need to buy private mortgage insurance, which is no longer available in some markets.

An unencumbered first mortgage
If you have a home equity loan or line of credit, you'll probably need to pay it off before refinancing.

Before a lender will refinance your first mortgage, it typically needs approval from the lender that holds your second mortgage. The lender with the second must agree to "subordinate" the loan.

In the past, that hasn't been a problem. But in the wake of the credit crunch, many lenders are eager to rid themselves of home equity lines and loans, which are considered riskier than first mortgages. As a result, many lenders are refusing to subordinate their loans.

A conforming loan
Borrowers in high-cost areas may not qualify for the lowest rates, even if they have outstanding credit, lots of equity and no second mortgage. That's because the interest rates for loans that exceed $625,000 — known as jumbo loans — have remained high. The [national] average jumbo rate is 6.8%.

Nationwide, the lowest rates are limited to loans of $417,000 or less. Those are known as "conforming" loans because Fannie Mae and Freddie Mac will buy them in the secondary market.

Patience
Some borrowers are waiting days to get their calls returned, if they can get through at all. In this market, "Patience is not just a virtue, it's a necessity."

NOTE: If you have details on the Chicago refinancing market, we invite you to post them by clicking on the Comments link below. Please identify yourself.

New-Construction Update: 1/19/09

Aquilo (formerly 2930 Sheridan Tower)

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

2930 N. Sheridan, Aquilo
NA of 252 available, 1-2 BR, $210K-$340K, Delivery now
Developed by Kroupa, Marketed by Jameson

2800 W. North, 2800 W. North
16 of 16 available, 2 BR, $310K-$400K, Delivery Summer '09
Developed by NA, Marketed by North Clybourn Group

1615 N. Wolcott, Urban Sandbox
4 of 8 available, 3 BR, $710K+, Delivery March '09
Developed and Marketed by Ranquist Development

2730 N. Ashland, Parkland
NA of 16 available, 1-3 BR, $300K-$560K, Delivery NA
Developed and Marketed by Chicago Graystone Development

6955 N. Greenview, Greenmoore
9 of 12 available, 2-4 BR, $320K-$600K, Delivery February '09
Developed by MC&J Building, Marketed by Camelot Realty

Previous New-Construction Updates

If Your Developer Defaults

If you have purchased a unit in a building in which the developer becomes involved in a foreclosure action or defaults, check out the article by David Mack in Sunday's Chicago Sun-Times. In essence, the article concludes:

"Buyers who have closed on their units are protected against legal action by lenders that foreclose on defaulting developers. Those who have not closed would not be so fortunate. Their earnest money may be at risk, since they do not have title insurance protection. Unless the developer escrowed their deposits, which is doubtful, their money is at risk."

Bad News for Buyers, Sellers & Owners?

On the surface, it appears that more bad news for condo buyers, sellers and owners is on its way. But at least one industry expert we contacted sees a silver lining. The news, as reported by Mary Umberger in Sunday's Chicago Tribune:

"It's about that condo you're thinking of buying—or refinancing: The price is going up.

"I'm not talking about the sale price, but the latest fee that will nick you unless you're making a sizable down payment. With many lenders already casting a wary eye on condo loans because of their default rate, Fannie Mae has upped the ante by adding a fee of .75 percent of the loan amount of a 30-year fixed mortgage, for borrowers who put down 25 percent of the purchase price or less, effective April 1.

"For a condo priced at $300,000, with a mortgage of $240,000 (a 20 percent down payment), if Fannie will be purchasing the loan from your lender, it will assess the buyer an additional $1,800.

"Mortgage broker Dan Green of Mobium Mortgage predicts that many of the affected condo loans will stroll over, instead, to another governmental outlet, the Federal Housing Administration.

"The FHA insures low-down-payment loans; after being relegated to the sidelines during the housing boom, the FHA is soaring in popularity because it's the only recourse for many borrowers. So, while that may be a relief for buyers, it merely shifts the risk from Fannie to the FHA.

"Green says the fee will affect the majority of condo buyers these days, and it will particularly ding the pocketbooks of first-time buyers, many of whom are drawn to condos.

"The fee is starting to show up on lenders' rate sheets, even for closings scheduled before April 1, because of the time lag between closings and the packaging and sale of the loans to Wall Street, which might not be until after April Fools' Day."

* * * * *

Asked to comment on the news reported in the Tribune, industry experts we contacted responded as follows:

Dave Hanna, president of the Chicago Association of Realtors:

"First and foremost, it is the end cost of a loan a borrower should be looking at. A conventional loan, with a fee of under a point, may very well still put a buyer with a good credit score and reasonable down payment into a condominium home at a great interest rate and monthly payment, especially in relation to the net cost of loans in the past 24 months.

"FHA is a competitive alternative, letting a borrower with good or challenged credit get a low rate and put less down. The ability to use less money to get into a home, especially for first-time buyers, is a key component to getting them into the market now, when they can capitalize on high inventory and prices under their high point of 2005-2006.

"Historical perspective and current market conditions say this is a time for smart buyers to be in the market."

Jim Merrion, regional director of RE/MAX:

"Obviously, any increase in the acquisition cost of real estate is detrimental, especially in our current market.

"Unfortunately, we are currently seeing the residue of Fannie's having been stung previously with mortgage lending abuse, so they are moving to protect their loans, perhaps too agresssively, but that is what happens as the pendulum swings. Ultimately, this factor should drop.

"As far as the FHA option goes, my recollection is that the condo building has to be pre-approved in order for that unit to qualify, and that other FHA criteria may eliminate that as an option for some properties."

Mario Greco, a top-producing Rubloff agent:

"Much like the effect that Cook County's ill-advised attempt to foist an additional $3/$1000 of purchase price onto buyers in Spring of 2007 (later switched to sellers), this new fee will cause many people to jump into the market initially and cause closings to be moved up to 3/31/09 or sooner. So, short term, it will accelerate sales.

"If it stays in place, it may slow the market down a bit--but remember, rates are below 5% on a 30-year fixed mortgage, so that will hopefully offset any potential negative effect that this new fee may have.

"All of that being said, the timing and thought process behind the new fee is suspect at best."

Rubloff President Jim Kinney:

"Well this is certainly not a step in the direction of affordable home loans but it is understandable that now the taxpayers are responsible for the losses on these mortgages that the onus is being placed more on the borrower and less on the general population to carry that burden. Unfortunately, it will have a damping effect on the already troubled housing market."

Lauren Mitrick, president, Women's Council of Realtors & agent at Real Tek Realty:

"Just another bump in the road that we need to adjust to and overcome. I'm not surprised we are hit with another change in the lending guidelines. It is all about coaching and educating our clients. We need to stop dwelling on the negatives and realize that interest rates are at historic lows.

"Adding a fee under a point will not break the bank for most, especially since buyers are getting such great rates to begin with, but it certainly does not help in the short-term. Buyers will find a way to overcome, however. They may ask for already-hurting sellers to "chip" in.

"Since the default rate was so high, I can understand the cautious nature and although it does not make our jobs easier, I believe it will help in the long run. We are forgetting that putting 20 percent down has been the industry norm for decades; it may help people realize that you need more than just a pulse to get a loan."

New-Construction Update: 1/12/09

Deming on the Green

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

416 W. Deming, Deming on the Green
15 of 23 available, 1-4 BR, $480K-$2.64M, Delivery NA
Developed by Silverleaf, Marketed by Coldwell Banker

3450 S. Halsted, Bridgeport Condominimums
49 of 67 available, 1-2 BR, $175K-$315K, Delivery now
Developed and Marketed by Mega Group

3952 W. Eddy, Old Irving Condos
10 of 10 available, 2-3 BR, $300K-$380K, Delivery NA
Developed and Marketed by Thomas James Builders

4720 N. Kimball, Kimball Station
15 of 59 available, 1-3 BR, $200K-$350K, Delivery spring '09
Developed by NA, Marketed by @properties

2318-28 S. Canal, Canal Crossing
11 of 60 available, 2-3 BR, $240K-$320K, Delivery NA
Developed and Marketed by Wabash Properties

Previous New-Construction Updates

New-Construction Update: 1/5/09

Whipple Court

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

4226-4230 N. Whipple, Whipple Court
NA of 20 available, 2-3 BR, $210K-$310K, Delivery now
Developed by Schubert Properties, Marketed by Sussex & Reilly

650-670 W. Wayman, Trio
NA of 209 available, 1-3 BR, $270K-$1.3M, Delivery Summer '09
Developed by RDM Development, Marketed by Jameson

505 N. McClurg, Parkview
54 of 268 available, 1-3 BR, $380K-$830K, Delivery now
Developed and Marketed by MCL Companies

4152-4156 N. Elston, Renaissance on Elston
16 of 16 available, 3-4 BR, $290K-$410K, Delivery now
Developed and Marketed by Sergio & Banks

3300 W. Irving Park, Irving Place
NA of 55 available, 2 BR, $240K-$330K, Delivery now
Developed by NA, Marketed by @properties

Previous New-Construction Updates

New-Construction Update: 12/22/08

1838 W. Division

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

1838 W. Division, 1838 W. Division
9 of 9 available, 2 BR, $390K-$790K, Delivery Spring '10
Developed by ICON, Marketed by Prime Properties

1125 W. Farwell, Farwell at the Lake
12 of 16 available, 2 BR, $250K-$390K, Delivery NA
Developed by Loyola Vista, Marketed by Rubloff

207 E. 31st, Signature Residences
NA of 36 available, 1-3 BR, $150K-$380K, Delivery Now
Developed and Marketed by 31st & Indiana Development

1231 E. 46th, Lake Park Gateway II
8 of 8 available, 2-3 BR, $190K-$340K, Delivery NA
Developed by Stratagem, Marketed by Rubloff

1555 N. Talman, 1555 N. Talman
6 of 8 available, 2-3 BR, $480K-$770K, Delivery now
Developed by Shangri-La, Marketed by @properties

Previous New-Construction Updates

New-Construction Update: 12/15/08

118 N. Halsted

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

118 N. Halsted, 118 N. Halsted
9 of 9 available, 3 BR, $490K-$620K, Delivery March
Developed and Marketed by RMR Partners

150 W. Superior, Superior at Lasalle
15 of 54 available, 1-3 BR, $440K-$1.35M, Delivery now
Developed and Marketed by KBL/Affinity

1621 S. Carpenter, Chantico South
9 of 9 available, 1-3 BR, $190K-$440K, Delivery NA
Developed by Lipe Property, Marketed by Jameson

1135 W. Chicago, 1135 W. Chicago
6 of 6 available, 3 BR, $410K-$430K, Delivery Spring '09
Developed by NA, Marketed by Koenig & Strey

1937 W. Diversey, 1937 W. Diversey
8 of 24 available, 2 BR, $370K-$420K, Delivery now
Developed by NA, Marketed by Property Consultants

Previous New-Construction Updates

New-Construction Update: 12/8/08

1720 S. Michigan

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

1720 S. Michigan, 1720 S. Michigan
35 of 498 available, 1-3 BR, $190K-$450K, Delivery now
Developed and Marketed by CMK Companies

1358 W. Belmont, El Pacifico
6 of 6 available, 2-3 BR, $450K+, Delivery NA
Developed and Marketed by D'Aprile Realty

150 W. Roosevelt, Lofts at Roosevelt Collection
150 of 342 available, 1-2 BR, $300K-$650K, Delivery June '09
Developed and Marketed by Centrum Properties

3214 N. Southport, The Grande on Southport
5 of 6 available, 3-4 BR, $750K-$1M, Delivery March '09
Developed by JP Development, Marketed by @properties

550 N. St. Clair, 550 St. Clair
32 of 112 available, 1-3 BR, $310K-$880K, Delivery now
Developed and Marketed by Sutherland Pearsall

Previous New-Construction Updates

New-Construction Update: 12/1/08

Fountain View

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

2326 W. Giddings, Fountain View
11 of 18 available, 2-3 BR, $470K-$550K, Delivery now
Developed and Marketed by Terra Firma

1901 S. Calumet, Museum Park Place II
130 of 276 available, 1-3 BR, $250K-$600K, Delivery 2009
Developed and Marketed by Enterprise Companies

2609 W. Belmont, North River Court
36 of 46 available, 2-3 BR, $280K-$470K, Delivery Feb '09
Developed by MC/Gannett Capital, Marketed by Coldwell Banker

1470 W. Ohio, 1470 W. Ohio
3 of 3 available, 2-3 BR, $460K-$590K, Delivery now
Developed by NA, Marketed by Koenig & Strey

4150 N. Kenmore, Water Color Condos
14 of 23 available, 2-3 BR, $350K+, Delivery NA
Developed by Delphi Ventures, Marketed by @properties

Previous New-Construction Updates

New-Construction Update: 11/24/08

4616 N. Kenmore

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

4616 N. Kenmore, 4616 N. Kenmore
3 of 21 available, 1-2 BR, $270K-$320K, Delivery now
Developed by O'Flaherty Builders, Marketed by Sussex & Reilly

2130 W. North, 2130 North
4 of 12 available, 2-3 BR, $530K-$610K, Delivery now
Developed and Marketed by Prime Properties Realty

8 E. Randolph, Joffrey Tower
21 of 208 available, 1-2 BR, $290K-$520K, Delivery now
Developed and Marketed by Smithfield Properties

1349 S. Wabash, 1349 S. Wabash Private Residences
22 of 78 available, 0-3 BR, $180K-$470K, Delivery late '09
Developed and Marketed by Wabash Properties

1624 W. Division, Vision
22 of 33 available, 2-3 BR, $440K-$590K, Delivery '09
Developed and Marketed by RDM Development

Previous New-Construction Updates

New-Construction Update: 11/17/08

600 N . Lake Shore

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.


600 N. Lake Shore, 600 N. Lake Shore
45 of 400 available, 1-3 BR, $450K-$1.5M, Delivery now
Developed and Marketed by Belgravia Group

23 N. Aberdeen, CA23
12 of 48 available, 2-4 BR, $650K-$1.45M, Delivery Jan '09
Developed and Marketed by The Brixton Group

4024-26 W. Division, 4024-26 W. Division
NA of 12 available, 2 BR, $85K-$220K, Delivery now
Developed by NA, Marketed by Prudential Preferred

1927 N. Milwaukee, Baer Lofts
4 of 16 available, 1-2 BR, $290K-$550K, Delivery now
Developed and Marketed by Mike Vesole Group

1322 N. Clybourn, Clybourn Point
6 of 6 available, 3 BR, $540K+, Delivery NA
Developed and Marketed by RADA Development

Previous New-Construction Updates

New-Construction Update: 11/10/08

Urban Sandbox

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

1611-1627 N. Wolcott, Urban Sandbox
4 of 8 available, 3-4 BR, $690K-$1.2M, Delivery Spring '09
Developed and Marketed by Ranquist Development

4015 N. Milwaukee, Klee Plaza
20 of NA available, 1-2 BR, $170K-$320K, Delivery NA
Developed and Marketed by Six Corners

1850 N. Winnebago, Bucktown Point
12 of 15 available, 3 BR, $530K-$590K, Delivery now
Developed and Marketed by Paramount Homes

3400 N. Greenview, Roscoeview
4 of 18 available, 1 BR, $230K-$250K, Delivery now
Developed and Marketed by JAB Real Estate

1635 W. Cortland, Cortland Tower
5 of 8 available, 2-3 BR, $410K-$670K, Delivery now
Developed by NA, Marketed by Century 21

Previous New-Construction Updates

New-Construction Update: 11/3/08

Silver Tower

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

303 W. Ohio, Silver Tower
56 of 225 available, 1-3 BR, $290K-$790K, Delivery Spring '09
Developed and Marketed by Stonegate Development

5430 N. Sheridan, 5430 Sheridan
6 of 48 available, 2-3 BR, $340K-$460K, Delivery now
Developed by Bluewater Companies, Marketed by Lippitz

2301-2315 S. Michigan, Motor Row Lofts
27 of 94 available, 1-3 BR, $230K-$650K, Delivery now
Developed by City Real Estate, Marketed by @properties

6 N. May, 6 N. May
3 of 16 available, 2 BR, $360K-$410K, Delivery now
Developed by NA, Marketed by @properties

3641 N. Elston, Elston Timber Lofts
7 of 25 available, 2 BR, $260K-$300K, Delivery now
Developed and Marketed by Blue State Properties

Previous New-Construction Updates

New-Construction Update: 10/27/08

2353 W. Belden

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

2353 W. Belden, 2353 W. Belden
5 of 5 available, 3 BR, $450K-$540K, Delivery Nov.
Developed by NA, Marketed by Jameson

310 S. Michigan, Metropolitan Tower
21 of 244 available, 1-3 BR, $390K-$1.04M, Delivery now
Developed by Metropolitan Properties, Marketed by Equity

1935 S. Wabash, Terrazio
NA of 180 available, 1-3 BR, $190K-$410K, Delivery Summer '09
Developed & Marketed by Sedgwick Properties

2105 W. Concord, 2105 W. Concord
2 of 7 available, 2 BR, $490K-$540K, Delivery now
Developed by Stillpoint, Marketed by Jameson

4814-4846 N. Clark, Kinetic Lofts at Rainbo Village
14 of 127 available, 1-2 BR, $220K-$420, Delivery NA
Developed by Metropolitan, Marketed by Jameson

Previous New-Construction Updates

New-Construction Update: 10/20/08

1250 Paulina

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

1250 Paulina, 1250 N. Paulina
3 of 6 available, 3 BR, $590K-$630K, Delivery now
Developed and Marketed by Lipe Property

456 W. Briar, Briar by the Park
4 of 4 available, 3-5 BR, $690K-$970K, Delivery NA
Developed by Chicago Graystone, Marketed by Jameson

946-950 W. Cullerton, Cullerton Corners
4 of 7 available, 2-3 BR, $310K-$410K, Delivery now
Developed by TRC Holdings and Kedzior Development
Marketed by Real Living Helios Realty

3844 N. Ashland, The Ashby
5 of 18 available, 2 BR, $410K-$460K, Delivery now
Developed & Marketed by JAB Real Estate

2065 N. Kedzie, Kedzie Square
17 of 28 available, 1-3 BR, $220K-$400K+, Delivery now
Developed by Brighton, Marketed by @properties

Previous New-Construction Updates

New-Construction Update: 10/13/08

Museum Park Place II

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

1901 S. Calumet, Museum Park Place II
135 of 276 available, 1-3 BR, $250K-$860K, Delivery Spring '09
Developed by Enterprise, Marketed by Coldwell Banker

1615 S. Miller, Miller Place
3 of 6 available, 2 BR, $340K-$350K, Delivery now
Developed by re Chicago Group, Marketed by @properties

60 E. Monroe, Legacy at Millennium Park
48 of 356 available, 1-3 BR, $460K-$2.6M, Delivery Fall '09
Developed & Marketed by Mesa Development

3133 N. Lakewood, 3133 N. Lakewood
18 of 25 available, 1-4 BR, $280K-$680K, Delivery NA
Developed & Marketed by The Macon Group

860 W. Blackhawk, SoNo
124 of 275 available, 1-3 BR, $290K-$590K, Delivery Nov '08
Developed & Marketed by Smithfield Properties

Previous New-Construction Updates

New-Construction Update: 10/6/08

Sheridan Tower

Every Monday, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

2930 N. Sheridan, Sheridan Tower
110 of 252 available, 1-2 BR, $238K-$320K, Delivery now
Developed by Kroupa Development, Marketed by @properties

437 W. Division, The Hudson
33 of 162 available, 1-2 BR, $340K-$590K, Delivery now
Developed & Marketed by Parkside Associates

5301 W. Washington, Washington Court
NA of 24 available, 2-3 BR, $130K-$180K, Delivery now
Developed & Marketed by @properties

2 W. Delaware, Walton on the Park
NA of 198 available, 1-3 BR, $550K-$1.5M, Delivery Summer '10
Developed by Enterprise; Marketed by Coldwell Banker

2300 S. Michigan, Motor Row Lofts
52 of 52 available, 1-3 BR, $270K-$650K, Delivery NA
Developed & Marketed by Motor Row Development

Previous New-Construction Updates

New-Construction Update: 10/1/08

CA23

Each week, with help from our friends at YoChicago.com, we present vital data on five condos under construction.

To view Building Profile on ChicagoCondosOnline.com, click address. To visit developer’s Web site, click name. To use Chicago's best condo search engine to review in-depth profiles of 900+ new-construction properties and find the unit types that meet any combination of 100 preferences, click here.

23 N. Aberdeen, CA23
19 of 48 available, 2-4 BR, $650K-$1.6M, Delivery Dec '08
Developed & Marketed by The Brixton Group

1440 S. Wabash, Coliseum Park
9 of 19 available, 1-3 BR, $290K-$475K, Delivery Dec '08
Developed & Marketed by Deva Development

11 E. Walton, The Elysian
65 of 236 available, 1-2 BR, $600K-$5M, Delivery '09
Developed & Marketed by Elysian Development

1222-1224 W. Madison, Mod
NA of 56 available, 1-2 BR, $280K-$490K, Delivery early '09
Developed & Marketed by Stillpoint

3000-3010 W. Cornelia, Cornelia Court
NA of 63 available, 2-4 BR, $470K+, Delivery now
Developed by NA; Marketed by Coldwell Banker

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