Chicago Condo Buildings. Dog Allowances and Requirements

Condo Buildings in Chicago with Dog Allowances and Requirements

 

If you're in the market for a Chicago home, chances are that dog-lovers are on the hunt for a building that accommodates and welcomes furry friends.
 I've also noted any restrictions or fees associated with these pet-friendly buildings, creating a comprehensive list you won't find anywhere else. Please note: Because building requirements are always changing, it is important to still check with a management company to ensure your pet can be accommodated in the building. You can also email rgoldstein@rubloff.com and I will find any additional information not listed here.
ChicagoLuxuryrealty.com

Chicago's Loop
Location	Pet Limit	Weight Limit	Fees
711 S Dearborn	No limit	No limit	$150 security deposit
130 N Garland	2 dogs/unit	35 lbs./dog	-
1160 S Michigan	2 dogs/unit	No limit	-
625 W Jackson	2 dogs/unit	No limit	-
60 E Monroe	2 dogs/unit	No limit	-
65 E Monroe	2 dogs/unit	No limit	-
6 N Michigan	No limit	No limit	-
310 S Michigan	2 dogs/unit	No limit	-
8 E Randolph	2 dogs/unit	No limit	$25/dog annually
520 S State	2 dogs/unit	No limit	-
212 W Washington	2 dogs/unit	50 lbs. combined	$100/dog annually
737 W Washington	2 dogs/unit	No limit	$35/dog

Chicago's New East Side
Location	Pet Limit	Weight Limit	Fees
225 N Columbus	2 dogs/unit	No limit	-
195 N Harbor	2 dogs/unit	No limit	-
240 E Randolph	2 dogs/unit	150 lbs. combined	-
400 E Randolph	2 dogs/unit	45 lbs. combined	-
201 W Shore	2 dogs/unit	No limit	-
420 E Waterside	2 dogs/unit	No limit	-
450 E Waterside	2 dogs/unit	No limit	-

Chicago's Near North
Location	Pet Limit	Weight Limit	Fees
165 N Canal	2 dogs/unit	No limit	$100/dog annually
333 N Canal	2 dogs/unit	90 lbs. combined	-
839 N Dearborn	1 dog/unit	50 lbs.	-
635 N Dearborn	2 dogs/unit	25 lbs. each	-
435 W Erie	2 dogs/unit	No limit	$100/2nd dog
375 W Erie	2 dogs/unit	No limit	$100/each
360 W Illinois	1 dog/unit	No limit	$150 at move-in (refundable)
600 N Kingsbury	2 dogs/unit	40 lbs. each	-
645 N Kingsbury	No limit	No limit	-
33 W Ontario	1 dog/unit	35 lbs.	$100/annually
400 W Ontario	2 dogs/unit	No limit	$75/dog annually
630 N State	2 dogs/unit	25 lbs. each	-
500 W Superior	2 dogs/unit	No limit	$200/dog

Chicago's Cathedral District
Location	Pet Limit	Weight Limit	Fees
111 E Chestnut	1 dog/unit	30 lbs.	$100 fee
10 E Delaware	2 dogs/unit	No limit	-
132 E Delaware	2 dogs/unit	No limit	-
55 E Erie	2 dogs/unit	No limit	-
21 E Huron	2 dogs/unit	No limit	-
30 E Huron	2 dogs/unit	No limit	-
100 E Huron	2 dogs/unit	No limit	-
161 E Chicago	2 dogs/unit	30 lbs. combined	-
800 E Michigan	2 dogs/unit	No limit	-
950 Michigan	1 dog/unit	30 lbs./vet-verified	-
25 E Superior	2 dogs/unit	No limit	-
77 E Walton	No limit	No limit	-

Chicago's East Lake Shore Drive
Location	Pet Limit	Weight Limit	Fees
179 East Lake Shore	Case-by-case basis	Board approval needed	-
199 East Lake Shore	1 dog/unit	No limit	-
209 East Lake Shore	1 medium/2 small	Mgmt. approval needed	-
219 East Lake Shore	1 dog/unit	No limit	-
229 East Lake Shore	1 dog/unit	No limit	-

Chicago's Gold Coast
Location	Pet Limit	Weight Limit	Fees
1300 Astor	2 dogs/unit	25 lbs.	-
1301 Astor	2 dogs/unit	1 > 25 lbs., 1 < 25 lbs.	-
1335 Astor	2 dogs/unit	40 lbs. each	-
1355 Astor	2 dogs/unit	40 lbs. each	-
1430 Astor	2 dogs/unit	No limit	-
1500 Astor	No limit	25 lbs. each	-
1555 Astor	2 dogs/unit	40 lbs. each	-
50 E Bellevue	1 dog/unit	45 lbs.	-
20 E Cedar	2 dogs/unit	No limit	2nd dog/board approval
21 W Chestbut	2 dogs/unit	25 lbs. each	-
1035 N Dearborn	2 dogs/unit	No limit	-
1122 N Dearborn	2 dogs/unit	1 50 lbs. or 2 25 lbs.	-
1155 N Dearborn	2 dogs/unit	60 lbs. combined	$25/dog annually
1301 N Dearborn	2 dogs/unit	35 lbs. each	-
40 E Delaware	2 dogs/unit	30 lbs. each	-
57 E Delaware	2 dogs/unit	25 lbs. each	$50/dog annually
71 E Division	2 dogs/unit	60 lbs. each	-
1000 N Lake Shore	1 dog/unit	20 lbs.	$25 annually
1000 N Lake Shore Plaza	1 dog/unit	25 lbs.	-
1150 N Lake Shore	2 dogs/unit	60 lbs. combined vet-verified	$50/dog annually
1200 N Lake Shore	2 dogs/unit	No limit	-
1212 N Lake Shore	2 dogs/unit	No limit	-
1242 N Lake Shore	1 dog or cat/unit	No limit	-
1300 N Lake Shore	2 dogs/unit	80 lbs. combined	-
1430 N Lake shore	2 dogs/unit	No limit	-
1440 N Lake Shore	2 dogs/unit	50 lbs. each	-
1500 N Lake Shore	No limit	No limit	-
1550 n Lake Shore	2 or 3/unit	50 lbs. each	-
1310 N Richie Ct	2 dogs/unit	25 lbs. each	-
1000 N State Town H	No limit	No limit	-
1 E Schiller	No limit	No limit	-
1209 N State	2 dogs/unit	No limit	-
1400 N State	1 dog/unit	30 lbs.	-
1410 N State	2 dogs/unit	No limit	-
1440 N State	2 dogs/unit	50 lbs. each	-
1445 N State	2 dogs/unit	No limit	-
1516 N State	No limit	No limit	-

Chicago's Streeterville
Location	Pet Limit	Weight Limit	Fees
222 E Chestnut	1 dog/unit	No limit	-
260 E Chestnut	1 dog/unit	25 lbs.	-
161 E Chicago	2 dogs/unit	30 lbs. combined	-
200 E Delaware	No limit	No limit	-
230 E Delaware	2 dogs/unit	No limit	-
505 N Lake Shore	1 dog/unit	30 lbs.	-
530 N Lake Shore	No limit	35 lbs. each	-
680 N Lake Shore	2 dogs/unit	25 lbs. each	-
800 N Michigan	2 dogs/unit	No limit	-
440 N McClurg	2 dogs/unit	25 lbs. each	-
480 N McClurg	2 dogs/unit	25 lbs. each	-
211 E Ohio	2 dogs/unit	No limit	$50/dog annually
400 E Ohio	2 dogs/unit	No limit	-
420 E Ohio	2 dogs/unit	40 lbs. each	$500 one-time
401 E Ontario	No limit	no limit	$50/dog annually
180 E Pearson	2 dogs/unit	No limit	-
250 E Pearson	2 dogs/unit	No limit	-
415 E North Water	2 dogs/unit	No limit	-

Chicago's Lincoln Park
Location	Pet Limit	Weight Limit	Fees
2500 N Lakeview	2 dogs/unit	35 lbs. each	-
2626 N Lakeview	1 dog/unit	30 lbs.	-
2100 N Lincoln Pk West	1 dog/unit	35 lbs.	-
2130 N Lincoln Pk West	2 dogs/unit	No limit	-
345 W Fullerton	1 dog/unit	25 lbs.	-
616 W Fullerton	2 dogs/unit	No limit	$100/dog annually

Complements of my colleague@ Rubloff Sheldon Salnick

Chicago's Lakeview
Location	Pet Limit	Weight Limit	Fees
3200 N Lake Shore	2 dogs/unit	Must be carried by owner	-
3300 N Lake Shore	2 dogs/unit	No limit	-
3660 N Lake Shore	2 dogs/unit	100 lbs.	-
3740 N Lake Shore	2 dogs/unit	No limit	-

THE MARKET'S NEW BUYERS: PRIVATE EQUITY

Carpe Diem...Real Estate Update

THE MARKET'S NEW BUYERS: PRIVATE EQUITY

 

Blackstone Group LP has become the biggest U.S. investor in single-family rental homes by spending more than $1 billion since the start of 2012 to acquire more than 6,500 foreclosed houses in eight metropolitan areas, according to people briefed by Blackstone.

The firm also is finalizing a loan for at least $300 million from Deutsche Bank to support this business, these people said.

Numerous private-equity firms have crowded into the business, some as early as last year, looking for a way to bet on the recovery of the housing market. Blackstone's growing commitment to this strategy offers fresh evidence that the purchases of foreclosed homes, which began as a mom-and-pop pursuit, is gaining legitimacy among the biggest private-equity firms.

The demand from these firms and other investors could help strengthen the housing recovery, analysts say. Earlier this year, the Federal Reserve expressed support for the strategy as a way to clear the backlog of foreclosures that has weighed down the market.

People involved in the market estimate that private-equity firms and other investors have raised $6 billion to $8 billion to invest in the sector, as they try to take advantage of prices that have fallen nationwide on average by more than a third. That could buy 40,000 to 80,000 properties, according to a recent report from Keefe Bruyette & Woods.

Of course, success is by no means assured for private-equity firms, especially given their high targets for investment returns in general and their lack of experience with this type of real estate. Used to buying office buildings, shopping centers and other big properties, they may struggle to find economies of scale in managing thousands of individual homes in neighborhoods that were hard-hit by foreclosures, but are showing signs of price stabilization.

Skeptics also have pointed out that bulk sales of repossessed homes are rarer and smaller than many investors had hoped. In many markets, firms are battling small investors at foreclosure auctions on courthouse steps, buying properties one by one, a tedious process. There also is little precedent for selling thousands of homes en masse, something the firms will need to do to cash out.

Blackstone and other firms are expanding rapidly partly because the housing market is firming up. In some markets, home prices have risen to the point that firms might not be able to achieve their initial return objectives from renting them out.

"I believe the smart thing to do is to ramp up really quickly, because I think the dynamics are going to change dramatically in the next 12 months," said John Burns, an Irvine, Calif.-based housing consultant. "We're going to see a lot of price appreciation at the low end of the market, which means lower cash yields."

Among the private-equity firms crowding into the single-family home market are Colony Capital LLC, Oaktree Capital Group LLC, KKR & Co., GTIS Partners and Och-Ziff Capital Management LLC, which have invested less money and bought fewer homes. On Wednesday, Waypoint Real Estate Group LLC, a real-estate investment firm in the single-family rental market, said it had secured a $245 million loan from Citigroup Inc., to expand its portfolio of more than 2,400 homes.

"We're finally starting to see the private sector coming in and providing a solution. It was just equity and now it's debt. We're seeing meaningful price appreciation in a number of markets across the country," as investors buy up more homes, said Waypoint managing director Gary Beasley.

But Blackstone, one of the biggest buyout firms in the world, has been able to muscle its way to the front of the pack by taking advantage of the $13.3 billion property fund it closed last month, the largest of its kind ever raised, and has already spent about one-third of it, say people who have spoken with Blackstone. It has paid an average of about $140,000 for each home in Phoenix, southern and northern California, Atlanta, Miami, Tampa and Chicago. Like other investors in this market, the firm is planning to fix up the homes, rent them and eventually sell them after the market rebounds.

Blackstone has previously said it expects to achieve initial yields of 6% to 7% on the rental income. But the firm also will need rents and home values to rise if it is going to hit the double-digit returns that it typically promises its investors.

Private-equity firms also are looking to boost returns by putting leverage on their portfolios. Blackstone is close to finalizing a loan from Deutsche Bank AG for $300 million, an amount that could expand to as much as $600 million, the people said. The loan is the largest made to a private-equity fund for this strategy so far, executives at several firms say.

As private-equity firms enter the single-home market, they have partnered with local property companies to buy, lease and manage properties. Blackstone, for example, has partnered with Dallas-based Riverstone Residential Group and Tempe-based Treehouse Group to form a new company, called Invitation Homes, to manage its single-family rental business.

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Football. Spiced cider. LP Tranquil green space. Check out this large duplex featuring: Radiant heated floors, luxury appls(Bosch, Sub-Zero and Wolf), great natural light. I-home stereo wired. 2 suites w/private baths. Full size W/D. Be your own Barista w/built-in espresso machine & gourmet kitchen. Grill on your balcony overlooking spacious backyard. Rooftop rights for bldg private deck over garage. Adj. to Trader Joes..Lincoln Park-This is living. Priced right@ 447,900..726 W. Schubert

Ron Goldstein, MBA
Transnational Referral Certified(TRC)
Quality Service Certified(QSC)
Broker Associate
Prudential RUBLOFF Real Estate
cell (312)771-7190
office(312)264-5846
rgoldstein@rubloff.com
Carpe Diem(Seize the Day!) Today is your day!...
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www.chicagoluxuryrealty.com
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