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	<title> &#187; Edgewater</title>
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		<title>Chicago Condo History 101</title>
		<link>http://jillpressbox.com/2009/03/19/chicago-condo-history-101/</link>
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		<pubDate>Thu, 19 Mar 2009 12:09:18 +0000</pubDate>
		<dc:creator>jillpressbox</dc:creator>
				<category><![CDATA[Buyer Buyer Not So Dire!]]></category>
		<category><![CDATA[High-rise lowdown]]></category>
		<category><![CDATA[Buyer]]></category>
		<category><![CDATA[Chicago Real Estate]]></category>
		<category><![CDATA[condo living]]></category>
		<category><![CDATA[Edgewater]]></category>
		<category><![CDATA[Jill Press]]></category>

		<guid isPermaLink="false">http://jillpressbox.com/?p=277</guid>
		<description><![CDATA[&#8220;Why would anyone want to buy an apartment?!&#8221; This question was posed more than three decades ago by someone who&#8217;d been raised in suburban Chicago during the 1950s and &#8217;60s; privileged to have lived in a single-family house since the age of two. As a young adult in the early 1970s, she moved to a high-rise rental apartment on [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=jillpressbox.com&amp;blog=6189341&amp;post=277&amp;subd=jillpressbox&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>&#8220;Why would anyone want to <em>buy</em> an <em>apartment</em>?!&#8221;</p>
<p><img class="alignleft size-medium wp-image-294" title="CB057031" src="http://jillpressbox.files.wordpress.com/2009/03/j04000363.jpg?w=300&#038;h=199" alt="CB057031" width="300" height="199" />This question was posed more than three decades ago by someone who&#8217;d been raised in suburban Chicago during the 1950s and &#8217;60s; privileged to have lived in a single-family house since the age of two. As a young adult in the early 1970s, she moved to a high-rise rental apartment on Sheridan Road in Chicago&#8217;s Edgewater neighborhood, directly across the street from one of the very-first high-rise condominium developments built in the city. In fact, it was from this rental unit that she enjoyed her first-ever residential lake views, sliced between the twin towers of the aforementioned condominium complex.</p>
<p>The condo concept, relatively new in 1974, was completely foreign to the young woman who hailed from Skokie and Lincolnwood. In her sheltered world, people either owned a house or rented an apartment. Period. In all fairness to her, though, the newfangled <a href="http://en.wikipedia.org/wiki/Condominium">condominium</a> mind-set heralded more than an innovative lifestyle; it represented no less than a revolutionary route to home ownership at the time. She, not unlike most Chicagoans back then, merely needed to educate herself on the topic. (Those were pre-Internet days when one was without the resources simply to &#8221;google&#8221; an unfamiliar word, if you can imagine such an era!)</p>
<p><img class="alignleft size-medium wp-image-292" title="CB056019" src="http://jillpressbox.files.wordpress.com/2009/03/j04000252.jpg?w=300&#038;h=199" alt="CB056019" width="300" height="199" />Fast-forward 35 years. The person described above&#8211;yours truly&#8211;is about to offer guidance on the fine-points of condo living to a buyer who recently purchased an in-town apartment. This client lives primarily in a single-family house outside the city and is unfamiliar with the nuances of condo protocol.</p>
<p>Having owned an apartment in a high-rise condominium since 1997, I have an abundance of advice to dispense. Indeed! For the past few years, I have owned two studios side-by-side that I recently combined into one residence. Stay tuned for condo-combo and condo-lifestyle tutorials in future posts.</p>
<p>In the meantime, for all you Chicago real estate history buffs, a quiz: Name the two-tower condominium referenced earlier, located on Sheridan Road directly across from the first Chicago apartment where I learned to love lake views. Speaking of which, that rental high-rise converted to condominium within the past few years&#8230;</p>
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