On Friday, Nov. 13, Governor J.B. Pritzker, seeking to “balance the rights of tenants and landlords,” issued Executive Order (EO) No. 2020-72, extending the moratorium on initiating and enforcing residential evictions, with some amendments. Per Illinois REALTORS® Guidance: While this…
The city of Chicago has placed a six guest per unit restriction on all residential apartments in the city. This restriction was reinstated on Friday, July 24, as part of the Prohibited Gatherings restrictions put in place by the Chicago…
The brilliant minds of YPN joined forces with the minds of CommercialForum to offer an event themed around real estate investing. From basic jargon to potential investing possibilities to client applications, this event was jam-packed with knowledge. Here are some…
As of January 1, 2020, recreational consumption, possession, and sales of cannabis products are legal in Illinois for people over the age of 21. Illinois is the 11th state in the country to legalize marijuana for recreational use. Usage of…
MRED has received multiple complaints from CAR members regarding an inability to show rental units requested from a cooperating brokerage within a 48-hour time frame. It is imperative landlords in the City of Chicago remain in compliance with the Chicago…