Recently, Jose Hernandez successfully represented the seller in the sale of a legal 4-unit investment property. While the property offered tremendous upside for investors, it also came with several challenges that made the transaction more complex than a typical multifamily sale.

The property had outstanding municipal violations, and the local …

Over the past several weeks, we’ve been talking about a shift in the Chicago real estate market — and now it’s being confirmed by both the numbers and the headlines.

In fact, about a month ago, we sent an email to our clients letting them know that multiple offers were …

Flooding is a growing concern for homeowners across Chicago. Whether it’s water entering a basement after heavy rainfall or gradual seepage through foundation walls, water damage is impacting more real estate transactions than ever before.

For both buyers and sellers, understanding the causes of flooding, how to address it, and …

What Buyers and Sellers Should Know

Buying and selling a home in the Chicago area can be a complicated process. When city or village violations are involved, the process can become even more challenging for both buyers and sellers.

Fortunately, homes with violations can still be sold. In many cases …

Selling a multifamily property in winter isn’t always easy — but this recent Skokie 2-flat sale proves that with the right strategy, it’s absolutely possible.

This legal 2-flat was located in a highly desirable Skokie neighborhood near downtown and public transportation. While the building needed some TLC, it had strong …

(Original post date 01-2018)

Thinking about buying or selling a multifamily property in Lincoln Park, Chicago? This timeless neighborhood is one of the most sought-after markets in the city for both investors and homeowners. With its historic architecture, proximity to Lake Michigan, and unmatched dining and cultural experiences, Lincoln Park …

Lincoln Square continues to be one of Chicago’s most desirable neighborhoods for investors and homeowners alike. I recently had the opportunity to represent the sale of a legal three-unit multifamily property at 5413 N Artesian Ave, Chicago, IL 60625—a great example of just how competitive and rewarding this market …

If you own a rental property in Logan Square, Avondale, Hermosa, West Town, Humboldt Park, Pilsen, or any other area nearby, you may need to know about new city ordinances that may affect how you sell your property. The Chicago City Council has recently approved a pilot program aimed at …

Hiring the right real estate broker is important when you are trying to sell a multifamily property. This has been confirmed by recent sales of a 5-unit building and a 6-unit building.

Case Study: The Misclassified 5-Unit Building

One of the properties recently purchased was legally defined as a 5-unit …

By Jose Hernandez – Your Local Portage Park Real Estate Expert With 20+ Years of Experience

Portage Park has transformed from a small early-twentieth-century community into one of Chicago’s most desirable residential neighborhoods. When the streetcar system first linked the area to downtown, it became a haven for residents seeking …