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Opting to Convert
Many apartment owners are opting to convert their apartment building into condominiums throughout the U.S. Renters are given an option of purchasing their apartment, or new buyers can purchase any of the apartment units. Of course, the apartment owner realizes a great profit for their property, but it's also great news for the renter that chooses to purchase. These renters are able to purchase a comfortable condo at a substantially lower price than most homes. Plus, they may be able to get into the condo with very little down payment, and their new home payment may be the same or only slightly higher than their original rent price.
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1017 W Washington Blvd #2AB, Chicago, IL 60607, 9,000 4 beds, 1 bath
2300 sqft, 4 beds, 1 bath, condo in Chicago, IL - 60607
4450 S Drexel Blvd, Chicago, IL 60653, 9,900 3 beds, 3.5 baths
2430 sqft, 3 beds, 3.5 baths, property in Chicago, IL - 60653
3126 W Walton #2, Chicago, IL 60622, 9,000 3 beds, 2 baths
3 beds, 2 baths, condo in Chicago, IL - 60622
635 N Dearborn St #1404, Chicago, IL 60654, 4,900 2 beds, 2 baths
2 beds, 2 baths, condo in Chicago, IL - 60654
The concept of condo hotels has had international appeal with buyers from Latin America and Europe competing with Americans for the best properties.
Illinois Townhouse Listings
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