Posted by ChicagoismynewBlog! on April 7, 2010
The Armitage Avenue retail corridor, between Halsted and Racine, has become another casualty due to greedy real estate developers and real estate owners. With retail rents at an affordable rate, Armitage Avenue was able to attract droves of mom and pop businesses that appealed to, not only Chicagoans, but tourists from around the world. These boutique shops and low rents made Armitage Avenue one of the most sought after destinations to go shopping and to open up a store respectively.
But during the residential and retail boom years ago, the owners of the retail spaces were able to jack up rent to a level business owners couldn’t afford.Now that the economy has plummeted, businesses could no longer afford the sky-high rents and now Armitage Avenue is filled with vacant storefronts or banks.
Take a look at the Crain’s Chicago Business video by clicking HERE!
Posted in Leases, Lincoln Park, Retail | Tagged: Armitage Avenue, Chicago, Lincoln Park, Rent, Retail, Vacancies | Leave a Comment »
Posted by ChicagoismynewBlog! on January 11, 2010
Hey there! So one of the reasons I created ChicagoismynewBlog! is to help promote my real estate business and to keep marketing myself as a REALTOR® with @properties. I want to reach out to all of you who may have a friend or family member who is in the process of trying to find an apartment in Chicago and offer my services because they’re basically free for anyone looking to find an apartment.
I would be honored to have my contact information passed along. Lets start…….now. Don’t hesitate to send an email to my @properties email: email@example.com
Posted in @properties, Chicago, Leases | Tagged: Apartment, Apartments, Chicago, Downtown, For Rent, Lakeview, Lincoln Park, Loop, Neighborhoods, Rent, River North, South Loop, West Loop, Wrigleyville | Leave a Comment »