Townhomes are attached homes with a private street entrance, multiple floors, and roof rights. Nobody lives below or above you. Townhome communities offer some of the same benefits of condo ownership, such as a Home Owners Association, and also give added amenities, such as a private backyard and attached garage. Some townhome developments offer 'Fee Simple' ownership, which gives you exclusive ownership of the land. However, depending on the contract signed with the Home Owners Association, you could be responsible for the upkeep of external areas of your townhome.
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information about the best Chicago Townhomes.
February 6, 2010 - Right now Chicago real estate developer Marquette Companies is reducing prices at Front Street Lofts in Lemont by at least 50%. A price slash of that much is about equal to what ...
February 5, 2010 - The latest Chicago real estate auction to be announced is for 13 Chicago condos at Prairie Point. This 24 story development is located on 1600 South Prairie Avenue in the South L...
February 3, 2010 - There may be some significant price discounts on the horizon for the 30 unsold Chicago condos in the 28 story, 219 unit Pearson on the Park. The Streeterville high-rise was hit ...