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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July 2, 2009 - We still may not know the status of the Lofts At Roosevelt, but we now know another business planning to open in the retail portion of this Chicago real estate development. Restaura...
July 1, 2009 - Even with the success of the Vetro auction and subsequent sales earlier this year, Chicago real estate developer Thomas Roszak has filed for Chapter 7 bankruptcy. Roszak, who is an...
June 30, 2009 - These days we have to go across the pond so to speak to dig up any news about the stalled Chicago Spire and it’s developer, Shelbourne. The Irish Times ran a story stating that Chr...