buying a condo downtown - Chicagoland Sportbikes
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post #1 of 54 (permalink) Old 09-23-2004, 11:24 AM Thread Starter
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buying a condo downtown

Looks like I may be buying a condo in Chicago. I gave up the idea of living in the suburbs and I think 'm going to buy a place in west loop or shouth loop. I really like the university village area. I checked out a few places the other day and I'm going to head down there again today. I'll let you guys know what I find.

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post #2 of 54 (permalink) Old 09-23-2004, 11:30 AM
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Well shit look me up when you move there. I am moving next week to my new place right off of Taylor street.
post #3 of 54 (permalink) Old 09-23-2004, 11:34 AM
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pricey man. dont forget to factor in your association fee when calculating what you can afford.

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post #4 of 54 (permalink) Old 09-23-2004, 11:38 AM Thread Starter
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Yeah i know about the assoc fee, taxes, and monthly bills. I think i'm going to be ok, but we'll see.

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post #5 of 54 (permalink) Old 09-23-2004, 11:39 AM
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screw the city.. i love them burbs!

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post #6 of 54 (permalink) Old 09-23-2004, 11:42 AM
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Quote:
Originally posted by MoparBoyy
screw the city.. i love them burbs!
true that boyeeee. da burbs rock, no extra payment for my driveway and garage, no sirens 24/7, no getting shit on by pigeons when you walk out of your building...um ya too much info huh?... all reasons why i moved OUT of the city.
good luck bro, keep your wallet in your front pocket at all times. ha!

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post #7 of 54 (permalink) Old 09-23-2004, 11:43 AM
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shit..Im going to be an old man living in the woods all by myself..Im so sick of traffic..rude people..traffic...

get off my lawn

Have fun downtown..best of luck to you

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post #8 of 54 (permalink) Old 09-23-2004, 11:47 AM
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Quote:
Originally posted by MoparBoyy
screw the city.. i love them burbs!
Ditto. Parking in the city sucks...
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post #9 of 54 (permalink) Old 09-23-2004, 11:49 AM
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west loop/south loop are really good areas to look at. they both are up and coming. later on, you won't have a problem selling it and you'll make a decent profit too!
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post #10 of 54 (permalink) Old 09-23-2004, 11:50 AM
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Pffffit... don't listen to the haters. The city's where it's at.

I'm in River North so depending on where you end up we should be pretty close. See ya when you get here!

(oh yeah, and don't be afraid to pony up the $$ for the parking spot - you'll get it all back when you go to sell someday).

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post #11 of 54 (permalink) Old 09-23-2004, 11:52 AM
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Quote:
Originally posted by lowbusa75
true that boyeeee. da burbs rock, no extra payment for my driveway and garage, no sirens 24/7, no getting shit on by pigeons when you walk out of your building...um ya too much info huh?... all reasons why i moved OUT of the city.
good luck bro, keep your wallet in your front pocket at all times. ha!
I've ranted about this many times. Been livin' in the shitty 7 years now, AND IT SUCKS!!!

Hit up the 'burbs. Believe me. The wallet will thank you, otherwise, don't forget to factor in either parking fees, or parking tickets. Don't forget to allow an hour each way to wherever you're going.
post #12 of 54 (permalink) Old 09-23-2004, 11:57 AM
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[
Don't forget to allow an hour each way to wherever you're going. [/B][/QUOTE]

-----------------------

WOW! how true is this! you nailed it man!
shit sucks! oh and don't get into an argument with
your door guy, then the fucker won't open the door
for you when you have arms full of groceries!!!
...i still hate that dick.

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post #13 of 54 (permalink) Old 09-23-2004, 11:59 AM
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Quote:
Originally posted by 2weelpilot
shit..Im going to be an old man living in the woods all by myself..Im so sick of traffic..rude people..traffic...

get off my lawn

I'm with you, Mike. Alaska rocked because there were so few people. Then I get back to Naperville and decide to eat at Portillos on a Saturday. Talk about night and day.


How much is a condo in the loop?

Never a bad time to climb... unless the weather is really horrible, and then you climb inside!

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post #14 of 54 (permalink) Old 09-23-2004, 12:05 PM
 
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Now maybe it's my age, but the burbs fucking suck compared to the city. I've always got something to do, everything is nearby, and public transportation is so much easier. Wanna go to a bar downtown? 15 minutes on the red line off Fullerton and you're there. As long as you're not looking for a lawn at least.
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post #15 of 54 (permalink) Old 09-23-2004, 12:06 PM
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(can't believe I'm getting sucked into this AGAIN - sorry for the threadjack thepro8)

"Takes an hour to get anywhere"

Let's see, I walk 20 steps to a White Hen. A half block to the coffee shop. I walk a block to a bar(s). I walk two blocks to the train. I open my door and get a cab. I can take my bicycle to the beach, or any sporting event worth watching.

Where's this hour coming from? An hour to Schaumburg? Yeah, probably - but there isn't anything there that I can't get here. An hour to Strats? Sure, but I don't mind the ride. An hour to your house? Probably - but I don't really want to hang out with you!

---

Back on topic. From a financial standpoint, if you can afford a condo downtown by all means do it. You'll make more money on it in a shorter period of time than ANY other area in the state. Period. City ownership is a fantastic investment. G'luck!

<---- Patrick

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post #16 of 54 (permalink) Old 09-23-2004, 12:11 PM
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Quote:
Originally posted by Underdog
(can't believe I'm getting sucked into this AGAIN - sorry for the threadjack thepro8)

"Takes an hour to get anywhere"

Let's see, I walk 20 steps to a White Hen. A half block to the coffee shop. I walk a block to a bar(s). I walk two blocks to the train. I open my door and get a cab. I can take my bicycle to the beach, or any sporting event worth watching.

Where's this hour coming from? An hour to Schaumburg? Yeah, probably - but there isn't anything there that I can't get here. An hour to Strats? Sure, but I don't mind the ride. An hour to your house? Probably - but I don't really want to hang out with you!

---

Back on topic. From a financial standpoint, if you can afford a condo downtown by all means do it. You'll make more money on it in a shorter period of time than ANY other area in the state. Period. City ownership is a fantastic investment. G'luck!

-------------------
i dunno, cheyenne said it took him an hour to do anything
when he lived in boystown....

but you are correct too, location, location, location is key in the city. depends on where you are at. you can be 20 seconds from everything or 1 hour. it really does depend. where i was, foster/western, everything was a 5min walk to a 45min cab ride depending on which direction.

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post #17 of 54 (permalink) Old 09-23-2004, 12:14 PM
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I here ya Patrick! I told myself a while ago when I was married.....if I was ever a single guy I would move to the city in a heartbeat. Well since my divorce I moved right down here. I love it. I work downtown so I don't have to deal with the hour drive in and hour drive home. Time is valuable to me and I save alot of it since I moved here. Everything you want is here and it is close. Alot of people don't own cars since things are so close. I have a parking spot at my new place and the only down side is that I don't have a garage. But the pluses out weigh the minuses. If I could change one thing about lliving downtown it would be thta my 2 girls lived closer to me. They live in the SW burbs .


But it's all good Matter of fact I will be throwing a little bash once I get setteled in.
post #18 of 54 (permalink) Old 09-23-2004, 12:22 PM
 
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its funny how evryone beats down the city, but on the weekends all you suburban people come here to party in our bars and clubs and to chill by the lake. I guess if youre married the burbs is good but for us single folk the city is where it's at. Id rather pay more and be centralized where i could walk to any 711, wendy's, if i get da muncchies then driving 3 miles to find one. Like Sammy Sosa says " I lovey Cheecago"
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post #19 of 54 (permalink) Old 09-23-2004, 12:25 PM Thread Starter
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I do have to commute out to the burbs, but I can come and go as I please so I can plan my travels to miss rush hour. I'm young (23) and I think this will be the best time for me to experience city life. We'll see how it goes.

Steve
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post #20 of 54 (permalink) Old 09-23-2004, 12:28 PM
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good luck man! If you are single, work down there, and can afford it, just do it. Even if you sell two years later, your profit will be 30-40K. I've been in my house 2 years. If I sell, I MIGHT make up the 7% the realtor charges. That's after dumping a couple G's in repairs, new carpeting, new floors, 2 weeks of cleaning.

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post #21 of 54 (permalink) Old 09-23-2004, 12:34 PM
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City VS the Burbs

I have live in both, and have freinds that live in both locations

Property Taxes are less in the city
The suburbs have no charms to ease the restless dreams of youth
If you live in the Burbs, you have to drive any place worth going
Cops are always woorse in the burbs, always
I can get just about anything within 30 min of my house in the city
All you comuters who live out in the burbs, how long is the commute when it snows just before rush hour???2-3 hours???
Insurance is higher in the city
If you go to a public pool in the burbs, a pool or water park paid for with your tax maoney, how much is a yearly pass????
Pools are free in the city(and some are actually nice, just have to know where to look)
How many of you live in the burbs and have no sidewalk or street lights, whats your taxes going for
While parking may suck in the city, how many of you in the burbs are allowed to park on the street?????
I could go on and on, the only thing the burbs are good for is schools, and even that is so so, but if you want your kids to go to a good school, your better of in the burbs, but thats about it
and i live in the city(past 12 years) and work in the burbs, past 13 years
R
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post #22 of 54 (permalink) Old 09-23-2004, 12:47 PM
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Quote:
Originally posted by Underdog
From a financial standpoint, if you can afford a condo downtown by all means do it. You'll make more money on it in a shorter period of time than ANY other area in the state. Period. City ownership is a fantastic investment.
+1
You sir are correct!

the uncarved stone
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post #23 of 54 (permalink) Old 09-23-2004, 12:51 PM
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I'd live in the city but I have way too much shit. 3 motorcycles, an SUV, my gf's car, and a 6x12 enclosed trailer. I need the space the burbs provide to store all that stuff at a reasonable price.

Never a bad time to climb... unless the weather is really horrible, and then you climb inside!

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post #24 of 54 (permalink) Old 09-23-2004, 01:04 PM
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I hear you Chills. I have three bikes also a work truck and my pickup. This is the reason I am selling one bike, and I just recently got rid of the company car. I do wish I had a garage.
post #25 of 54 (permalink) Old 09-23-2004, 01:05 PM
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Quote:
Originally posted by thepro8
I'm young (23) and I think this will be the best time for me to experience city life. We'll see how it goes.
totally. i think that living in the city is something everyone should experience at least once in their life. and i agree...do it now while you're young.

me? i put in 10 years at various locales on the northside before calling it quits and heading for the 'burbs. i don't miss the congestion and the people on top of people, but i *do* miss having so much to do right outside my doorstep (shows, cultural events, an abundance of restaurants, the lake, museums, etc).

i never EVER thought i'd move back to the suburbs. funny how your perspective changes as you get older. now we're in the process of moving even farther out ... to a town in the sticks that is technically not considered the suburbs. eek!

anyways, good luck with your house search and enjoy city-livin'!

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post #26 of 54 (permalink) Old 09-23-2004, 01:13 PM
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23?? Hell yeah move to the city. Definitely buy a condo if you can afford it, south-loop printers row is tough though. Lot's of new stuff going up in the next 5 years. I had a condo fairly far north and flip in 4 years for a good prophet. I have a kid now so just like grndskpr said, of to the 'burbs. What's your price range and how much room to you require?

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post #27 of 54 (permalink) Old 09-23-2004, 01:15 PM
 
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Single, no kids, can afford. Live in the city specially for your age. Have fun and enjoy.
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post #28 of 54 (permalink) Old 09-23-2004, 01:26 PM
 
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You can't legally have guns in the City of Chicago, therefore I will never move there.
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post #29 of 54 (permalink) Old 09-23-2004, 01:32 PM
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Re: buying a condo downtown

Quote:
Originally posted by thepro8
Looks like I may be buying a condo in Chicago. I gave up the idea of living in the suburbs and I think 'm going to buy a place in west loop or shouth loop. I really like the university village area. I checked out a few places the other day and I'm going to head down there again today. I'll let you guys know what I find.
Thepro8,

Congratulations!!!! Good luck with the move.

I own a condo in the West Loop (last 4 years) and have lived in the neighborhood the last six years (next to Whitney Young High School). Let me know if you have any questions. I know a lot of the developments in this area. University Village is good...one of the last affordable (maybe) developments in the west loop.

also,..sorry couldn't resist, but go CAROLINA

To the masses,
As far as burbs vs. city...it all boils down to personal preference. What you like...someone else may not. There is good and bad in both so hopefully you are living in an area that is suitable for you. Does it really matter what someone else thinks about where you live??? Maybe it does???

To the city folks,
As far as garage space, unless you have a garage (or 2 yellow lines like I do) it's tough to house all the toys. But I was able to fit an SUV, 2 fat Kawi's and bicycle in my spot. But I was lucky...it's a bit unconventional.

Hans
Born in the city, grew up in the burbs, went to school in the south, now live in the city

***Hans***
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post #30 of 54 (permalink) Old 09-23-2004, 01:34 PM
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Quote:
Originally posted by Good2Go
Well shit look me up when you move there. I am moving next week to my new place right off of Taylor street.
Taylor and what??? You aren't too far from me???

***Hans***
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