Dearborn Park 1 is anything north of Roosevelt - this section was primarily built in the late 70's and then south of Roosevelt is Dearborn Park 2 - a newer phase from the 80's. Both of these areas are planned developments and definitely have that suburban feel right in the middle of the city so it's very unique and whenever a town home or house goes on the market there are quite a few people who show interest right away. Although the single family homes are a bit above your comfort zone with price a townhouse is the perfect middle ground. Although they can be more expensive than a condo Dearborn Park townhouses generally have parking, outdoor spaces and just the feel of a single family house may be worth that additional cost. Plus, these town homes have monthly assessments so you don't have to worry about common area maintenance, snow/trash removal and I will need to double check but I believe things like roof and exterior maintenance may be included.
Long story short I would definitely say town home trumps condos because buyers also want more of that single family feel and space but still live in the city rather than relocate to the burbs!
3101 N. Greenview Avenue, Chicago, IL 60657
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you are looking for, condos and townhouses, different from single family homes, will have usually associations with monthly association fees that include various different items. So make sure you
find out exactly what these are, and one good advice
from your "Mom Realtor" stay within your comfort zone, with your purchase price and
the respective monthly expenses, you can always go bigger and better down the road.
A lot of Realtors have given you some good insight in the Dearborn Park area and I feel I should not
add much of anything.... except that a very good colleague of mine
below has given you some good thoughts and I would strongly recommend to you to contact him.
Feel free to get back to me as well, I strongly suggest to you to hire and work with ONE Realtor, your
personal, trusted and area experienced Buyers Agent, all that will be required from you is your 100 % commitment to that one Realtor and you strong loyalty to him or her, so that your Buyers Agent also can fully commit to you his or her clients.... I wish you luck, and if you like to find out more about the many advantages to work with a Buyers agent when looking to buy a property, e-mail me
and I gladly forward you a list of all the advantages and services that Buyers Agent will provide to you.
Edith YourRealtor4Life & Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE ïŠ
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
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the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties ---- EdithSellsHomes@gmail.com or EdithSellsHomes@atproperties.com
Check out my website at htttp://tinyurl.com/YourRealtor4Life
HAVE THE MOST WONDERFUL DAY :)
I know this area very well. If your looking to buy, get a goof buyers agent. Its free to use their services. Interview two or three, and go with the one you mesh best with. I would be happy to help!
Town Home Vs Condo, each has its pros in cons. Both of them in the Dearborn Park area will have some type of home owner association; some of them have stronger association than others. Not all of the condos will be in hi-rise vertical living. You will be able to find a verity of types of condos depending on your price range.
Think about what life style you want. While you will be more in association fees for high rise condos, you will also have less responsibility if the heating break downs for example; along with the high rise condos comes amenities. Do the amenities (association fees) of high rise living and the expense of the amenities out weigh the lower cost of the association fees of Town Home with fewer amenities. It is life style choices.
Work with a Broker show will listen to your needs, while maintaining your budget in a realistic light.
Happy New Years,
Manuel Brown, Broker
People tend to distinguish between whether or not they want to have vertical or horizontal living space. Some folks do not like all the stairs in T-houses. Not sure I would focus that much on either/or, but start out looking at both and over time you will narrow your criteria. Price tends to be the big focus. Whatever you find that seems like the best bang for your $$$ might determine the decision.
The area South of Roosevelt has accquired a lot of retail developement which was lacking a number of years ago so folks do not feel so isolated.
Financing is also easier to come by, and you are not tethered to the financial condition of the association or the other members as you would be in a condominium association.
However, as you have discovered, this lifestyle choice has a price tag, and you may find that for you and your family right now, the condomiums may be the best choice.
But if you are looking at townhomes in that area I would consider the townhomes throughout the South Loop and also University Village where I used to live.
If you need a realtor to help you find a place there you should give us a call since not only do we offer full service but we share our commission with our buyers that could be worth several thousand dollars in savings to you. Please call me at 312-738-0232 to find out more. We have done a lot of business in the South Loop and University Village.