The coronavirus pandemic has caused a spike in Illinois unemployment as people experience unexpected job loss and furloughs. As a result, many are unable to pay their rent and turn to their landlords for assistance. Faced with safety precautions and tenants who are unable to Continue Reading
How COVID-19 is Affecting Our Agents
With the weather turning to spring, many of us are increasingly anxious to get back to normal routines and prepare for a busy summer showing homes. As we continue to adjust to COVID-19, Pearson Realty Group wants to remind everyone to stay motivated and optimistic during Continue Reading
How COVID-19 is Affecting the Real Estate Market
There is no question that the spread of COVID-19 (coronavirus) has drastically disrupted daily lives and thrown a wrench in many future plans. As Chicagoans adapt to the Stay-at-Home order and we enter what was primed to be an especially hot spring for listings, many current Continue Reading
Adult Use Cannabis & IL Dispensary Locations
The demand for adult use marijuana in Illinois continues to grow since its legalization in January 2020. Currently, the majority of dispensaries taking on the city's recreational users are those previously licensed for medical use. Luckily, the pressure won't be on them for Continue Reading
Chicago Housing Market in 2020
If you're thinking of buying or selling a home in 2020 but are hesitant to make the move, you're not alone. The Chicago housing market has been in what seems like a constant fluctuation over the past 10 years. With frequent market dips and changes in interest rates, the Continue Reading
Recreational Marijuana & Illinois Real Estate
A Budding Relationship In approximately 3 months, recreational marijuana use will be legal in Illinois. Beginning on Jan. 1, 2020 adults 21 years and older will have the ability to purchase regulated marijuana from licensed dispensaries around the state. While marijuana is Continue Reading
Lincoln Yards Mega Development
The Project After much controversy, the six billion dollar, 50+ acre Lincoln Yards mega development by Sterling Bay has received final approval from City Council. The massive project is in the industrial corridor between Lincoln Continue Reading
Development Update on Lakeshore East Towers
Since 2017, co-developers Magellan and Lendlease, have been working to develop three new high-rises located in the Lakeshore East community. Magellan is also the development group for the upcoming Vista Tower. It was recently announced that two of the three properties Continue Reading
The Luxurious Amenities at NEMA
NEMA has finally opened its doors, making it the tallest rental building in Chicago. Its alluring exterior pays homage to the city’s grid system, specifically the Willis Tower. There are 800 residences on the premises and over 70,000 square feet of amenity space. On Continue Reading
Update On Fulton Market Developments
Over the past decade, Fulton Market has grown from a rarely visited area west of the Kennedy Expressway into a flourishing destination for residents, tourists, and even large corporations. This sub-area of West Loop originally paved its way into popularity when The Continue Reading
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