Chicago Apartment Search- Places Are Going Fast!

April 17, 2012 | By Aaron Galvin
Reading Time: 1 Minute

Did you catch the article in Sunday’s Chicago Tribune?  It was right, smack on the front page of the Real Estate section – Apartment Hunting in a Tight Market.

The article details how apartment vacancy rates are at some of the lowest levels in a decade nationally – around 94 percent in prime buildings in downtown Chicago.  The article also points out that if you are searching for an apartment, you’ll need to act quickly because apartments are going fast.

I’ve had several people ask me about the article, even my dental hygienist this morning asked me if it was true.  Are downtown Chicago apartments really renting that quickly?

My answer is absolutely.  In the past we’ve always advised our clients to take the time necessary to think about which apartment they’d like to rent, but not to wait too long because there was always a chance the apartment might get rented.

Now we strongly urge our clients to make careful, but quick decisions.  It’s not uncommon these days that the apartment you really like will get rented over night – and possibly over lunch.

It’s tough out there.

That’s why it’s more helpful than ever to work with a downtown Chicago apartment finder to help with your apartment search.  Our team at Luxury Living Chicago is up on the latest availability and pricing and will help you feel comfortable choosing the luxury apartment that is right for you.


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