Accessory Dwelling Units Ordinance Passes City Council
This blog was updated as of January 2021. First deemed illegal in 1957, the City of Chicago has reversed course – Accessory Dwelling Units (ADUs), also referred to as Accessory […]
Chicago REALTORS® Blog & News
Welcome to the Chicago Association of REALTORS® blog and news hub. Explore magazine articles, industry updates and more. You can filter by category or tag based on your interests.
New 2021 Residential Lease & Security Deposit Interest Rates Now Available
The 2021 Chicago Residential Lease is now available on our Forms & Contracts webpage. The 2021 version includes the 2021 Security Deposit Interest Rate Sheet published by the City of […]
Proposed 2021 Real Estate License Act Changes
The Secretary of State has proposed new administrative rules to the Real Estate License Act, which can be read in full here. Here are the top proposed rules that you […]
Congress Approves New COVID-19 Relief Package Including Rental Assistance
On Sunday, December 20, Congress approved a $900 billion COVID-19 relief bill. The agreement includes rental relief, additional funding for loans, simplified forgiveness for SBA loans and direct payments to […]
Governor Pritzker Extends Eviction Moratorium Until January 9
Governor Pritzker announced on Friday, December 11 that the eviction moratorium would be extended another month until January 9, 2021. The modifications include specific language regarding a minimum of 5-day […]
First Installment of 2021 Cook County Property Taxes Available Online
The first installment of Cook County’s 2021 property taxes are now available online for payment. The first installment of tax year 2020 is 55% of the previous year’s total tax […]
Coffee With Your GADs December 2020 Recap
Each month, the Chicago Association of REALTORS® hosts Coffee With Your GADs to keep you updated on what is happening in the government that affects your business. Watch the playback from our […]
Chicago Association of REALTORS® Vigorously Opposed Property Tax Hike and FY’21 Budget which Passed the City Council on Tuesday, November 24, 2020
The Chicago Association of REALTORS® (CAR) opposed the FY’21 budget which included an increase to fees, fines, the gasoline tax and most importantly, a property tax increase. The property tax […]
What You Need to Know About Governor Pritzker’s Latest Executive Order Regarding Residential Evictions
UPDATE February 10, 2021: On February 5, executive order 2020-72 was re-issued and extended until March 6, 2021. On Friday, Nov. 13, Governor J.B. Pritzker, seeking to “balance the rights […]
2020 Election: Our Government Directors’ Hot Takes
Our GADs took to Facebook Live on Thursday, November 5 to discuss the outcome of the Chicago and Illinois elections, including information on the federal election, the Fair Tax amendment […]
Take Action: Oppose Cook County’s Proposed RTLO
UPDATE 12/15/2020: Thank you for taking the time to voice your opposition to Cook County’s proposed RTLO. The vote on this proposal has been delayed 30 days, and conversations among […]
Coffee With Your GADs November 2020 Recap
Each month, the Chicago Association of REALTORS® hosts Coffee With Your GADs to keep you updated on what is happening in the government that affects your business. Watch the playback from our […]