The condo rental market in Chicago is strong right now.
The condo rental market has benefited from the slowdown in Real Estate Sales.
Some potential buyers are delaying purchases for a year or two.
Renting a luxury condo may allow them to higher standard of living than buying.
I am finding that owners are a bit selective when it comes to credit.
In the more desirable areas, they are usually looking for credit scores of 650+.
For renters with lower scores, they will probably need to offer a 2 month security deposit. Here are some stats for a few popular Chicago areas.
For more information regarding Chicago Condo Rentals, please contact me via my website.
Until the next time…
Until the next time,
Mark Killion
Real Estate Broker
Century 21 Affiliated
5200 S. Harper Ave
Chicago, IL 60615
24 Hour Voice Mail: 312-242-1822
Send me a note!
Visit me online: www.773property.com
EQUAL HOUSING OPPORTUNITY
