Chicago, North Illinois, located by the Chicago River, is one of the most exciting places to stay in the US. Being the third largest city in US, it is the economic hub of the country, and can be said to be the industrial, commercial and the transportation hub of the country. The city has a very strong and diversified economy along with an extensive transportation and distribution network, making it busy for both domestic and international trade. No wonder, the demand for Chicago apartments is always on the high! Also the city has its attractions for the tourists, and houses some of the tallest skyscrapers of the world, and the oldest ones as well. The city is divided by the Chicago River in the North, West and South sides, and your rent will vary according to where you are staying!
The Northern part of the city is mainly residential, though there are quite a few industries, and if you are planning to stay here, the rent will be reasonable and normally would range from anything between $750 and $1500 per month. But again, Chicago apartments in the Lincoln Park area, which is a very posh locality, have rents that are understandably on the higher side, starting from $950 and going up to $5000, for a two bedroom apartment. The South Side is also residential and occupies almost half of the city, and contains varied residential neighborhoods, ranging from the swanky modern detached ones to the old and the decayed ones too. The South Side of the city also houses the heavily industrialized port area, which is the centre for all business. The rent of these Chicago apartments normally starts at around $600 per month, but can go up to a whooping $5000 per month, depending on your choice and the area. The facilities provided in these apartments are unique as well and often include a gourmet kitchen, an in house laundry, work out facilities, rooftop garden, cherry cabinets, heating and high speed internet, to name a few! If you are a romantic at heart, you can try out the Chicago Apartments in the world’s most beautiful lakefronts! The lake town is devoted to mainly recreational purposes and the apartments there have a splendid view, though a bit on the expensive side.
The other expensive areas include the Jackson Park in the Southern side and the Grant Park near downtown and the rent is naturally on the higher side. The downtown area is called the Loop by the locals and is also an exciting place to stay. The western part accommodates less privileged people of the society and has low income residential area. And like the other cities of US, the formalities for lending the property remains the same.
