The low rent paying tenants of this Logan Square three flat promised the out of state owner of their building that they'd be happy to assist with fixing up the basement and making sure prospective buyers had full access to the property. The seller's realtor has also been happy with this arrangement which has allowed him to charge a full commission while never having to actually go to the property. After sixty-seven weeks on the market, neither seller nor agent can figure out why their once 'hot' property is not selling.
LOGAN SQUARE
A NOT SO GLAMOROUS LOOK AT THE UNDERBELLY OF CHICAGO'S HOUSING MARKET
All photos taken live from Chicago properties & environs
All photos taken live from Chicago properties & environs
Showing posts with label low rent. Show all posts
Showing posts with label low rent. Show all posts
Friday, April 27, 2018
Tenants Help Seller Find the Right Buyer
Labels:
2 flat,
agent,
basement,
building,
chicago,
dead people,
hipster,
hot property,
landlord,
logan square,
Lord,
low rent,
multi-unit,
prospective buyer,
realtor,
rent,
seller,
slumlord,
tenants,
three flat
Friday, June 12, 2015
Pilsen Artists Really Struggling
The tenants of this Pilsen two flat were bemoaning increasing rents to prospective buyers of their building, highlighting their third world television as a prime example of their financial difficulties. They then retreated to their enclosed porch to watch a BitTorrent download of Game of Thrones on their new Macbook.
Pilsen
Pilsen
Labels:
agent,
artists,
bitTorent,
bridgeport,
buyers,
chicago,
download,
enclosed porch,
Game of Thrones,
income gap,
low rent,
Macbook,
pilsen,
real estate,
realtor,
satellite,
screwdriver,
television,
tenants,
two flat
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