COVID-19 continues to impact the housing market. As Illinois adjusts to the extended stay at home order, we are closely monitoring and adapting to market changes. For the Spring housing market update, we broke it down in a SWOT analysis to strategize for the upcoming months. Continue Reading
New Energy Efficient Midrise in Old Town
Chicago’s Old Town neighborhood will soon be home to a new 9 story residential building located at 343 W. Shiller St. The 105 unit apartment building focuses on energy efficiency per the design of Brininstool + Lynch. As part of their green initiative, the 105,000 sqft Continue Reading
Porte – West Loop’s New Block-Size Project
Chicago's West Loop continues to be the perfect building ground for tech firms, popular restaurants, and trendy boutique stores. So it's no surprise that more and more renters are scoping out their new home in this thriving neighborhood. West Loop’s popularity is up 7% this Continue Reading
How COVID-19 is Affecting Our Agents
With the weather turning to spring, many of us are increasingly anxious to get back to normal routines and prepare for a busy summer showing homes. As we continue to adjust to COVID-19, Pearson Realty Group wants to remind everyone to stay motivated and optimistic during Continue Reading
How COVID-19 is Affecting the Real Estate Market
There is no question that the spread of COVID-19 (coronavirus) has drastically disrupted daily lives and thrown a wrench in many future plans. As Chicagoans adapt to the Stay-at-Home order and we enter what was primed to be an especially hot spring for listings, many current Continue Reading
Adult Use Cannabis & IL Dispensary Locations
The demand for adult use marijuana in Illinois continues to grow since its legalization in January 2020. Currently, the majority of dispensaries taking on the city's recreational users are those previously licensed for medical use. Luckily, the pressure won't be on them for Continue Reading
Chicago Housing Market in 2020
If you're thinking of buying or selling a home in 2020 but are hesitant to make the move, you're not alone. The Chicago housing market has been in what seems like a constant fluctuation over the past 10 years. With frequent market dips and changes in interest rates, the Continue Reading
Recreational Marijuana & Illinois Real Estate
A Budding Relationship In approximately 3 months, recreational marijuana use will be legal in Illinois. Beginning on Jan. 1, 2020 adults 21 years and older will have the ability to purchase regulated marijuana from licensed dispensaries around the state. While marijuana is Continue Reading
Lincoln Yards Mega Development
The Project After much controversy, the six billion dollar, 50+ acre Lincoln Yards mega development by Sterling Bay has received final approval from City Council. The massive project is in the industrial corridor between Lincoln Continue Reading
Development Update on Lakeshore East Towers
Since 2017, co-developers Magellan and Lendlease, have been working to develop three new high-rises located in the Lakeshore East community. Magellan is also the development group for the upcoming Vista Tower. It was recently announced that two of the three properties Continue Reading
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