Chicago Signature Blog

Jan. 21 The Chicago Real Estate Market: It’s a Good Time to Rent

By Arin

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The Chicago real estate market has led to a boom in luxury apartment rentals. With foreclosure activity in Illinois ranked number nine in the U.S. (and that number expected to increase) it’s a great time to consider renting. Chicago Signature Properties is breaking things down for you (by neighborhood that is.) Interested in renting with us? See which of the Chicago neighborhoods is best for you below.

Gold Coast

With both historic homes and new developments, striking views and effortless access to the city, unparalleled shopping, dining and entertainment options, the Gold Coast offers the finest of Chicago for those who live there, making it some of the premium real estate available.

Visit the Gold Coast neighborhood page here.

Average Rental Range: $1000-$4000

Check out available Gold Coast apartments here.

Lakeshore East

Lakeshore East is a brand new community located in the northeast corner of the Loop. Residents take pleasure in modern, top-of-the-line living spaces typically less than 5 years old. Surround yourself by Lake Michigan, the Chicago River, and Millennium Park for unbeatable views.

View the Lakeshore East neighborhood page here.

Average Rental Range: $1400-$4000

Check out available Lakeshore East apartments here.

The Loop

Residents of the Loop get the full Chicago experience, from an easy commute to work to the liveliness of the city streets, plus the ability to move around the city and into the suburbs conveniently via CTA and Metra Rail lines. The Loop attracts millions from all over the world! So much to do, so little time…

Visit the Loop neighborhood page here.

Average Rental Range: $1100-$4000

Look for Loop apartments here.

South Loop

The South Loop is one of the fastest-growing areas of real estate development in Chicago. Long a favorite destination for the culturally inclined, the South Loop takes pleasure in the Field Museum, Shedd Aquarium, Adler Planetarium, and Art Institute all being in their back yard.

Visit the South Loop neighborhood page here.

Average Rental range: $1100-$4000

See South Loop apartments here.

River North

With many new high-rise buildings on the rise, River North is growing by the day! With its location just north of the Loop, it’s a convenient place to live to balance work and play. And of course, you can’t beat the river view!

Visit the River North neighborhood page here.

Average Rental Range: $1200-$3700

Find River North apartments here.

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Categories: Apartment Budget, Apartment Tips, Apartments, Gold Coast, Lakeshore East, River North, South Loop, The Loop