February 15, 2016

How to Break an Apartment Lease in Chicago

When tenants enter into a lease, they seldom expect to move before the end of its term. Unfortunately, life circumstances or poor landlord-tenant relationships occasionally necessitate moving before a lease ends. The consequences of breaking a lease without legal grounds often catch tenants by surprise. This post will address the consequences of breaking a lease without legal grounds and some alternatives to breaking a lease.* Terminating a lease for conditions affecting the habitability of the apartment and other landlord violations of state and local law will be addressed in a future...

February 12, 2016

Possible Reprieve for Chicago Landlords?

In the City of Chicago, the Chicago Residential Landlord Tenant Ordinance (“CRLTO”) applies to most landlord-tenant relationships. Enacted in 1986, the CRLTO’s main purpose is to protect tenants and establish tenant rights. While its purpose may be noble, some of the law’s provisions have had harsh and possibly unintended consequences. Alderman Brendan Reilly from the 42nd Ward, in conjunction with the Chicago Association of Realtors, has proposed an amendment to the CRLTO that would permit judicial discretion in determining penalties in cases involving CRLTO violations.

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Check out 8 studios and one-bedrooms for $750/month or less. A handful of these units even include heat!

6214 N. Winthrop #506
Edgewater
$640/month
Studio

4410 S. Drexel #3W
Hyde Park
$675/month
Studio

...

January 13, 2016

A Look Inside Optima Chicago Center

Among Streeterville’s eclectic mix of high-rises, Optima Chicago Center stands out as one of the most minimal in appearance. The building looks like three glass blocks stacked on top of one another, thanks to two recessed outdoor spaces on the 10th and 32nd floors. Sheathed in black glass, Optima’s parking levels form a base on which the tower sits. 

Completed in 2013, the 42-story, 325-unit building is just east of Michigan Avenue in Streeterville and has a combination of convertible, one-bedroom, two bedroom and three-bedroom floor plans. Architect and developer David Hovey chose...

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