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4 Chicago tech companies transforming local real estate operations

  • Chicago tech startups are working to intensify the progression of real estate tech with some new firms.
  • Drivers without spaces can connect with homeowners and developers renting out their spots via ParqEx.
  • Enodo Score is a predictive analytics company that determines the financial gain for apartment amenities.
  • To keep up with the hottest ‘hoods, Neighborhoods.com allows homebuyers the chance to compare areas and the home inventory within them.

Although not quite on par with Silicon Valley, Chicago tech startups are opening and expanding fairly quickly. The neighborhoods of River North and the West Loop, where Google just opened its new swanky offices, are both littered with familiar and fresh faces determined to transform technology for the better.

The following Chicago tech companies for real estate create an easier path to buying, selling and living in the Windy City.

ParqEx

Parking in Chicago can be a real pain, especially when you find your dream home that doesn’t come with a covered or garage space to rest your wheels. Now, drivers without spaces can connect with homeowners and developers renting out their spots via ParqEx.

This new private parking marketplace local to Chicago is looking to solve the urban street space congestion, bringing value to residents without spots and homeowners looking for extra cash simultaneously.

Enodo Score

multifamily investments calculator

Value Add Tool / Enodo Score

Knowing your return on investment is a tricky business, but what if you could quantify the value of location, upgrades and amenities? For this hurdle, developers can use Enodo Score, a predictive analytics company that determines the financial gain for apartment amenities, such as private laundry and updated kitchens. Developers can also use the handy map tool to position their building to see how demand and pricing would fare in the various neighborhoods across the city. 

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Neighborhoods.com

Each neighborhood in Chicago carries a unique culture and vibe. Want to be among the rich and glamorous? Choose Gold Coast. What about finding a home close to good schools, restaurants and parks? Lincoln Park might be the best option.

Chicago communities already hold strong reputations, but new development and demand is bringing more locations to light. To keep up with the hottest ‘hoods, Neighborhoods.com allows homebuyers the chance to compare areas and the residential inventory within them.

Guaranteed Rate

Established over 15 years ago, Guaranteed Rate is a pioneer in comprehensive online mortgage marketplaces.

All paperwork is completed digitally, from appraisal orders to locking down your loan, making the lending aspect of home buying slightly less stressful and allowing buyers to focus on finding their dream homes.

Email Jennifer Riner