chicago apartments

city living

how to pronounce chicago street names

chicago has seen such wondrous growth,
with weather often hot or cold or both.
tell me, if you were sworn on oath,
would you live on burton, or would you live on goethe?

gotcha!  it’s actually pronounced “gur-ta.”  outside of germans, five-time jeopardy champions, and bus drivers, not a lot of local folk know that.  “but what’s in a name?” wrote william shakespeare.  just like johann wolfgang von goethe, he has a chicago street named after him.  except, unlike goethe, most people can pronounce his name.

goethe has a lot of company in this town.  take paulina, which is “paul-eye-nuh,” not “paul-ee-nuh.”  paulina was the wife of reuben taylor, a local real estate developer from two centuries ago.  back then, there was a reuben avenue just a few blocks east of paulina avenue, although at some point it was rechristened “ashland avenue.”

paulina has an “eye” in it.  just like cuyler, which was named for edward cuyler, who built a railroad between chicago and janesville, wisconsin.

and then there’s armitage, pronounced “ar-mih-tij.”  the general consensus is that armitage was named after the father of chicago alderman edward r. armitage, who is listed in a 1919 directory as having an office on bereniceberenice?  how do you pronounce that?  if cta buses qualify as authoritative, it’s pronounced “bear-uh-neice.”  as in, “i could definitely bear a neice, but i could not bear a nephew.”

do you support the throops in iraq?  yes, it’s pronounced “troop.”  as in “throop street.”  it’s hard to miss that massive home depot at the corner of north avenue and throop street.

drive up north toward evanston, and at some point you’re bound to cross devoni’m sorry.  did you say “devin”devin hester is a speedy wide-receiver and part-time return specialist for the chicago bears.  in this case, we’re talking about devon avenue, pronounced “dih-vonne.”

back in the late 1700’s, the sioux indians (pronounced “soo”) were led by chief wapashawwapashaw’s sister did not berenice; she bore a nephew.  his name was augustin rocque, and his french father married chief wapashaw’s sister.  in the early 1800’s, augustin established a trading post along the mississippi river, just south of present-day twin cities, in a town named wabasha in honor of his pa, the big chief.  wabasha, by the way, is the oldest town in minnesota.  and it’s pronounced “wau-bish-aw.”  now, knock off that final syllable, and you’ve got yourself another chicago avenue, pronounced “wau-bash.”  and, yes, wabash is named for chief wapashaw.

henry hamilton honore (pronounced “on-er-ay”) was one of chicago’s earliest prominent businessmen.  henry’s daughter, bertha, married potter palmer in 1871 and became one of the city’s most revered socialites and philanthropists.  honore street is named for henry honore.

weird that honore is a street, not an avenue.  in chicago, north-south thoroughfares are typically avenues, not streets.  and that’s the truth, take it or leavitt (pronounced “lev-it”). 

rent calculator: find out how much you should spend on rent

a recent study indicates that one in three chicago renters (and one in four renters nationally) spend more than half their income on rent and utilities.

apartment hunting is all about finding a good deal, so everyone's been asking us "how much should i spend on rent?"

the general rule of thumb is that your monthly rental payments should not exceed 30% of your monthly income.  this stat does not factor in the cost of utilities.

to help you budget effectively, we created this handy rent calculator.

don't forget we also have a tenant guide [pdf] too.

cheers.

left bank at k station offers all the right perks for city living

everyone knows river north is a bumping, fancy, and ultra-hip part of the city.  but what people may not know about is the equally slick fulton river district, where left bank at kinzie station is located.  with studios, convertibles, one and two-bedrooms, left bank at k station is an upscale building with awesome city views and top-of-the-line amenities.  let's walk and talk.

if you want to live right on the river, left bank is for you.  if you want a fully-furnished building, left bank fits the bill.  as a matter of fact, the 36-story building probably has a little something for everyone seeking a luxury high-rise.  convertibles (559-635 square feet) are $1,499.  one-bedrooms (677-859 square feet) start at $1,649, right in line with the neighborhood's average prices.  the two-bedrooms are your big boys--$2,199-$2,244 for 1,023 square feet.

the real gems of left bank are the building amenities and unit features.  units have a balcony, a deck, or a patio, washer/dryer, walk-in closets, granite countertops, stainless-steel appliances, and floor-to-ceiling windows.  there's a pool, on-site maintenance, bike storage, a sundeck, a lounge, a grilling area (for whenever nice weather arrives), and on-site dry cleaners.

gas, heat, a/c, water, internet, and basic cable are included in your rent.  small dogs and cats are welcome too.  you can probably still smell the fresh paint because left bank was built in 2006.

the closest 'l' stop is the clinton green line.  the metra's ogilvie station is four blocks south. lake street is within walking distance and offers easy access to the loop.  walk score gives this building a 91.

for more information, photos, floorplans and building contact information, see the full building page: left bank at k station, 300 n. canal street.

tenant guide: rights to sublease your apartment

if you're a chicago-area student, chances are you may not be living your apartment for the duration of your lease.  no one wants to pay rent for a place in which you're not living, so what can you do?  well, you can sublease (aka "sublet") your apartment.  here's andy with the details.

rights to sublease

lease terms typically run for periods of one year.  this often leaves out-of-town students no choice but to continue paying rent for several months when they’re not around. a lease must grant the tenant the right to sublease the apartment with the consent of the landlord (whose consent may not be unreasonably withheld), and the landlord may not charge additional fees for providing his consent.
 
in certain instances, the parties may be able to negotiate an agreement that will allow for early termination of the lease in return for an additional payment by the tenant. if you negotiate a deal like this, be certain to get all the details in a signed writing.
 
for additional answers, or for information on how to obtain a renter’s insurance policy, consult the insurance information institute.
 
***
for the rest of our posts from our tenant guide, go here.

it's opening day! baseball is back

dust off your hat.  crack open a beer.  get all the necessary fixins' for your hot dogs.  baseball is back, chicago!

today marks the part of the year when we're reminded why we live in chicago.  if you recently moved here, welcome!  prepare to be wowed.  there are street festivals every weekend.  the weather improves from terrible to amazing.  all the neighborhoods are buzzing.  eventually you'll even be able to leave your place without wearing a coat.  we're not quite there yet, but we're close.  oh, and don't forget all the white sox and cubs home games for the next five months.

if wrigleyville and all its craziness is your cup of tea can of old style, check out our wrigleyville neighborhood page.  prefer the north side but would rather 40,000 people not invade your space this summer?  check out the lakeview neighborhood page.

if, however, you prefer a team that has won a world series in the past century and want to be closer to the cell comiskey park, try the south loop, bronzeville and places near the illinois institute of technology.

as far as we're concerned, summer starts now.

tenant guide: what you need to know about apartment utilities

heat.  gas.  electricity.  water.  cable.  internet.  we all need 'em. 
 
the cost of utilities can be a major factor in your apartment search.  it's good to know what you may be getting with the cost of rent.  as a part of our tenant guide, andy details what you need to know.
 
utilities
 
utilities include gas, electricity, internet, cable television, telephone, and water.  unless the lease provides otherwise, the tenant will be responsible for paying utilities, so always ask which utilities, if any, are included in the base rent.  in vintage buildings with boilers and radiators, the cost of heat is likely included.  in high-rise apartment buildings, landlords typically charge a flat fee for heating, air- conditioning, and natural gas based on the size of the unit.  virtually all landlords include the cost of water in the rent.  in condominium buildings, the cost of internet and basic cable tv may be included in the owner’s monthly assessments, which are typically not added to the monthly rent.
 
the proper course of action is to ask the landlord to specify exactly which utilities are not included in the base rent and to estimate the monthly expenses associated with those utilities.  if you’re really diligent, you can even contact the public utilities directly.  simply provide the address of the apartment, and the utility will approximate your monthly charges.
 
once you sign a lease, be sure to contact all the utilities and arrange for service at least a week in advance of your move-in date.  you can find the contact information on our resources page.
 
***
and for all of our other posts from our tenant guide, go here
 
thanks for reading.
 

tenant guide: how much rent can you afford to pay?

when looking for a new apartment, knowing your budget is crucial.  if location isn't the deciding factor, the cost of rent probably will be.  andy summarizes what you need to know about finances, credit checking, and if you need a co-signer.

affordability, credit checking, and co-signing

most landlords observe the general rule that a tenant’s monthly gross rent (which includes utilities) should not exceed 30% of his monthly gross income.  most landlords also require prospective tenants to submit to a credit check (typically at a cost of about $35.00).  this is often described as an “application fee.”  you may also be the subject of an inquiry to past landlords, and someone may search a database for evidence of past eviction proceedings against you.  if you’re concerned about your credit history, you may want to check your credit score first. (you may be able to reduce the application fee by bringing your own credit report. a free copy is available once-annually at annualcreditreport.com.)  do not be surprised if you’re also asked to produce an employer reference letter that verifies your monthly income.

if you have a poor credit history (or no credit history) or insufficient monthly income, the most common solution is to have someone who meets the requisite financial criteria co-sign the lease.  by signing on the dotted line, a third-party binds himself to the legal obligations imposed on the tenant and serves as additional recourse for the landlord.
 
in addition, a tenant may offer to increase the amount of the security deposit and/or pay several months’ rent in advance. (if the landlord agrees, then the tenant should attempt to regain some ground by negotiating a discount for early payment.)
 
***
for all the other posts from the tenant guide, go here.

chicago magazine real estate writer dennis rodkin on increasing rents in chicago

via myfoxchicago.com

tenant guide: how to get the best deal before you sign a lease

 
just because a listing says the rent is, say, $1,100, doesn't necessarily mean that's what you'll have to pay.  ever thought about requesting concessions?  if successful, you can put more money back in your pocket.  you just have to be as cool as don draper when you do it.  here's andy with more.
 
requesting concessions
 
there’s no law against negotiating. before you make a big commitment for a year-long living space, try to swing the best possible deal. don’t be afraid to ask. remember: nothing ventured, nothing gained.
 
the best way to negotiate is to educate yourself first. spend a day or two looking at all the apartments that potentially suit your fancy and ask the landlords to provide you with their best offers, including any rent concessions. (rent concessions are frequently given, but not publicly advertised). at the end of what may be a long day, order your preferences, return to your first choice, and make a counter-offer. be patient, and be ready to leave (or act as though you’re ready to leave) if they can’t swing a deal with you.
 
among the concessions to request are free rent and/or free parking (for one or more months), a reduction in the security deposit (if you have excellent credit), a waiver of move-in or move-out fees, and the right to renew the lease at the end of the term without any increase in rent. particularly at new construction high-rises, landlords need to fill vacancies quickly, so be aggressive and shrewd without being unfriendly or uncooperative.
 
***
 
for all the other blog posts about the tenant guide, go here.

tenant guide: neighborhood amenities

this week we've been featuring writings from our new tenant guide.  we've covered inspecting the building exterior, inspecting the apartment, and the building amenities.  today, we'll take a very brief look at what to know about the neighborhood amenities.  

it's obviously a great idea to walk around the neighborhood itself to get a feel for it.  If you're brand new to the area, walk around with a friend to explore the surroundings of your potential new place.

neighborhood amenities

if you’re moving to a new neighborhood, check your proximity to all necessities and amenities. find the nearest el station and investigate the local bus routes. make sure you’re not too far from a supermarket and a pharmacy. if you’re an exercise nut, find a nearby health club. if noise is likely to pose a problem for you, take a walk around the neighborhood -- at night if possible -- before signing a lease. pay particular attention to the presence of late-night bars, el tracks, hospitals, and police and fire stations.

***

for neighborhood descriptions, check out our neighborhoods page.