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Home Buying Archives | Alto Realty

Renting vs. Buying, the Breakeven

Have you ever wondered at what point it makes more sense for you to stop renting and to buy? Zillow has compiled Breakeven Horizons for the nation’s major housing markets. Chicago’s breakeven is in the middle of the nation’s highest, 4.5 years in D.C. and lowest, 1.3 years in Dallas.

Downtown High Rises: Imperial Towers

Imperial Towers, located at 4250 North Marine Drive, is a condo high-rise building in the Chicago lakeside neighborhood of Buena Park. Buena Park is a small historic neighborhood nestled between Uptown to the north and Lakeview to the south. The area was first developed by wealthy merchants who wanted a

Downtown High Rises: Joffrey Tower

The Residences at The Joffrey Tower is a luxury condominium development located at State and Randolph, in the heart of Chicago’s Theater District. The building has a modern luminous glass exterior which was designed by renowned Chicago architect Laurence Booth. The tower has a base structure anchored by two floors of retail

Downtown High Rises: 2 East Erie

2 East Erie is located at the corner of Erie and State Street in Chicago’s vibrant Near North neighborhood. It is also part of the newer named Cathedral District, which is a 4 block by 4 block area located around Holy Name and St. James Cathedrals. 2 East Erie is

Downtown High Rises: Plaza 440

Located just north of the Chicago River on Wabash Avenue, Plaza 440 is a 50-story condo building. Built in 1992, it underwent a condominium conversion in 2005 and now has 497 privately owned condos. If you will rent out your unit, the condo association requires that a lease must be

Downtown High Rises: The John Hancock

Alto Realty specializes in downtown Condo sales, so you can look forward to a series of blog post highlighting some of our favorite condo buildings.
The John Hancock Center has been a prominent feature on the Chicago Skyline since 1970. Buying a condo at this distinguished address on Chicago’s famed Magnificent Mile, allows you

Downtown High Rises: 111 West Maple

In the latter part of the 19th century, many prominent Chicago families were building grand mansions along Lake Michigan in Chicago’s Gold Coast neighborhood. Today the Gold Coast still houses some of Chicago’s most prestigious and historic buildings among quaint tree lined streets.
111 West Maple also referred to as the

Three Tips for Improving Your Credit Score

Maintaining a good Credit Score is extremely important if you plan on trying to obtain credit for any type of loan. The simplest way to maintain good credit is to pay off all of your debts before the due date, though sometimes that isn’t an option. We’ve complied a few

Is Your Credit Score Hurting You?

You know you have a credit score, and you think it’s decent, but why is it important?
A good credit score makes you less of a risk in a lender’s eye. Therefore, a good credit score will help you borrow money at a lower interest rate, whether for a credit card,

First Steps in Home Buying

Your landlord raised your rent, you are ready for more stability, you think you want to buy a house but you have no idea where to start.
1. First and foremost you need to come up with a budget and decide what you can afford. Make sure to include your down