COMING SOON & SOLD IN LAKEVIEW

550 W SURF STREET #304 CHICAGO, IL NANCY SHELVEN

1BED | 1 BATH | LAKEVIEW LOCATION


Chic Distinguished Move in Ready Gem! This unit offers stunning gallery entry, 1 bedroom, full bath. The living space bodes high ceilings with giant windows streaming in the sunlight. Stunning kitchen with breakfast bar, hardwood floors, stainless steel appliances, Cherry Wood Custom Cabinetry, Unit also offers in unit stackable washer/dryer with built in Elfa Closet System, additional storage space. This is Lakeshore Living at its finest. Enjoy your morning coffee or watch the sunset all year long at the stately Commodore courtyard building. 


Steps to all Lakeview has to offer interior features a include hardwood floors Dream Location nestled on a non through street steps to Parks, LakeFront, Lincoln Park Zoo, Chicago’s beautiful Lakefront, Diversey Harbor,, and Live in one of East Lakeview most distinguished landmark buildings. Mosaic tile floors and wood paneling grace the wide hallways of this financially sound building. Doorman Front Entry, Low assessments include water and cable, additional storage, bike room and on-site management office. 

Enjoy everything Chicago and this quintessential neighborhood has to offer while living in a condo where Vintage meets Modern Day Living and the Lifestyle as you walk along Sandy beaches, Five Star Dining, Live Entertainment, Shop in high Boutique’s, Art Galleries, Museum’s, Lincoln Park Zoo, Parks, and so much more in this premium Chicago Location! 

550 W SURF STREET #304 CHICAGO, IL

Homes for sale in Lakeview, IL NANCY SHELVEN

3 Tips for Buying a Home Today

 Buying MythsFirst Time Home BuyersFor BuyersInterest RatesMove-Up BuyersPricing

3 Tips for Buying a Home Today | Simplifying The Market

If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options.

But it’s important to keep in mind that while inventory is improving, it’s still a sellers’ market. And that means you need to be prepared as you set out on your home search. Here are three tips for buying the home of your dreams today.

1. Understand How Mortgage Rates Impact Your Homebuying Power

Mortgage rates have increased significantly this year, and over the past few weeks, they’ve been fluctuating quite a bit. It’s important to stay up to date on what’s happening with rates and understand how they can impact your purchasing power when you’re thinking of buying a home. The chart below can help.

Let’s say your budget allows for a monthly mortgage payment in the $2,100-$2,200 range. The green in the chart indicates a payment within or below that range, while the red is a payment that exceeds it.

3 Tips for Buying a Home Today | Simplifying The Market

As the chart shows, even a small change in mortgage rates can have a big impact on your monthly payments. If rates rise, you could exceed your budget unless you pursue a lower home loan amount. If rates fall, your purchasing power may increase, which could give you additional options for your search.

2. Be Open to Exploring Different Options During Your Search

The supply of homes for sale is improving, which gives you more homes to choose from. But historically, supply is still low. That means as you search for homes, if you still don’t find something that meets your needs, it may be worth expanding your search.

recent article from the Washington Post highlights a few things buyers can consider today. It encourages opening yourself up to more areas. For example, if there’s a location you’ve previously ruled out (like a particular town, for example) it may be worth taking another look.

And if you’re able to, opening your search up to include other housing types, like newly built homes, condominiums, or townhomes can further increase your pool of options. Even as the inventory of homes for sale improves today, finding ways to cast a wider net during your search could help you find a hidden gem.

3. Work with a Local Real Estate Professional for Expert Guidance

Ultimately, you need to be prepared when you set out to buy a home. Jeff Ostrowski, Senior Mortgage Reporter for Bankrate, explains:

“Taking the leap to homeownership can provide a feeling of pride while boosting your long-term financial outlook, if you go in well-prepared and with your eyes open.”

No matter where you’re at in your homeownership journey, the best way to make sure you’re set up for success is to work with a real estate professional. If you’re just starting your search, a real estate professional can help you understand your local market and search for available homes. And when it’s time to make an offer, they’ll be an expert advisor and negotiator to help yours stand out above the rest.

Bottom Line

Strategically planning your home search by understanding today’s mortgage rates, casting a wide net, and building a team of experts can be the keys to finding the home of your dreams. To make sure you have expert advice each step of the way, let’s connect.