Luxury rental market in Chicago growing, growing, growing

  • Luxury Living Chicago, a high-volume real estate brokerages focusing on the luxury market, compiled data on its work in 2015, noting trends and price points that the market will bear.
  • Location and price were the most popular driving factors, with apartment finishes coming in just after those top two.
  • The psychological barrier of $2,500 for a well-appointed one-bedroom unit was broken.

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Luxury Living Chicago, a high-volume real estate brokerages focusing on the luxury market, compiled data on its work in 2015, noting trends and price points that the market will bear. Their primary findings related to the top reasons renters chose a specific home. Location and price were the most popular driving factors, with apartment finishes coming in just after those top two.