What do you need to know(across the board) about selling a vintage home (condo/apartment) in Chicago Gold Coast?

Asked by Michael Rosenblum, Chicago, IL Tue Mar 11, 2014

Help the community by answering this question:

+ web reference
Web reference:

Answers

5
JIM Michaels, Agent, Chicago, IL
Sat Mar 22, 2014
Past comps and current market trends
0 votes
Bill J Delig…, Agent, Naperville, IL
Thu Mar 20, 2014
I echo Evelyn's sentiments below - If there is a unique history about the unit, building, neighborhood - then that needs to be promoted.
0 votes
Evelyn S. Fr…, Agent, Chicago, IL
Thu Mar 13, 2014
The most important "product" to include with selling a vintage home is the history. Prepare a journal or handout outlining the architect, previous owners, when it was built & by whom, maybe some background info on the architect, etc....

Good luck Michael!
0 votes
Kathy Lerner, Agent, Wilmette, IL
Wed Mar 12, 2014
Do not over improve your condo....no matter what you do buyers will want to change what you did......therefore it's just money lost. Unless you are redoing a very old kitchen (new cabinets, countertops and tile or a bathroom new tile and bath fixtures in a timeless neutral color scheme) a simple good cleaning and a coat of paint is your best bet. Also you should see if the condo association has any special assessments planned anytime soon. This will be one of the first questions a buyer will ask. Is your building FHA approved? Is there parking? Laundry in unit?
If you are able to add laundry in the unit this is a big plus. If your unit is a 3rd floor walk up...disclose that upfront...most folks will get mad if they don't know ahead of time. Does your building allow pets?

I am happy to help you sell your condo should you chose to list with someone.

Kathy Lerner Coldwell Banker
0 votes
Jacqueline S…, Agent, Chicago, IL
Tue Mar 11, 2014
Rules and regs.; bylaws and covenants; limitation on uses, rental limits, construction limits, rights of first refusal, board approval; condo or coop; can you put in a washer/dryer; can you combine units; who can redo the hallways, owners on the floors or the association.
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more