Are you looking to buy a condo in Chicago? Whether you’re drawn to the convenient amenities of condo living or the stunning skyline views of your new high-rise, there are plenty of reasons to enjoy this low-maintenance style of living. However, moving anywhere in Chicago can involve hurdles. Read on to find out what you need to know when buying a condo in Chicago to ensure the best possible experience.
Financial Considerations
If you’ve begun researching the extra costs of co\ndo living, you may wonder what you should consider. Condo associations charge additional fees for significant improvements and unexpected repairs not covered by regular dues. Examples include emergency fixes, such as plumbing repairs, and planned upgrades, such as a new security system. While costs can vary between condos, under Illinois special assessment law, condo boards must provide you with notice. Sometimes, they may be required to obtain your approval as the owner before imposing special assessment fees.
Condo special assessment rules allow associations to charge owners additional fees if their reserves fall short, making a buffer essential. So, it’s a good idea to analyze the condo association’s financial health before purchasing. Illinois law requires transparency regarding condo finances, so request reserve studies and budget reports before deciding. In addition to these fees, set aside money for routine maintenance tasks, such as HVAC servicing, appliance upkeep, and other repairs.
Rules and Regulations
It’s worth researching local rules and regulations that can affect your move-in experience. Here’s what you need to know about parking:
- Moving permits: For many residential areas throughout the city, Chicago requires you to obtain a moving-truck permit. Without one, you’ll risk a parking fine and may be unable to park near your building’s entrance.
- Elevator reservations: If you’re from out of town, many high-rise condos request that you reserve a service elevator for your move-in day. Reach out to your condo association for more details.
- Loading zones and street restrictions: As busy as Chicago is, the city’s strict rules about when and where moving trucks can park are no surprise. Check your new neighborhood’s regulations to see if specific moving days or residential parking permits are required.
- Winter parking rules: Even without snow, certain streets in Chicago prohibit overnight parking between December 1 and April 1, so plan accordingly.
Parking isn’t the only consideration involving rules and regulations. It’s also important to review your condo association’s bylaws and policies. Here’s what to look for:
- Homeowners association rules and regulations: Every condo association has certain bylaws that outline move-in procedures, renovation regulations, and noise policies. Request a copy before you move in.
- Move-in and move-out fees: Some buildings in Chicago charge move-in fees, which are typically not refundable. They may also charge additional fees for elevator use.
- Short-term rentals and leasing rules: Double-check your condo’s rental policy if you’re considering renting out your unit. Some buildings prohibit or limit rentals through third-party websites such as Vrbo and Airbnb.
- Pet policies: Check your condo association’s pet policy if you have a furry family member joining you on your Chicago move. Some buildings may have size or breed restrictions.
Also, familiarize yourself with parking, noise, and building lifestyle guidelines to ensure your new condo matches your preferences. Here’s what to pay attention to:
- Parking permits and guest parking: It’s common for residential areas in Chicago to impose parking permits that are typically linked to your specific zone. If family or friends visit, they may need to request temporary guest passes before parking.
- Noise regulations: Chicago’s noise ordinance prohibits loud noises between 10 p.m. and 8 a.m., although certain condo bylaws may have even stricter rules.
- Building amenities and community lifestyle: Your condo may offer a pool, rooftop deck, or gym amenities. Familiarize yourself with the rules for each space to ensure you follow the proper etiquette.
How To Move in Chicago
Now that we’ve covered all the fun financial considerations and regulations, it’s time to get serious. Here’s how to make moving into your new Chicago condo as stress-free as possible.
Best Practices for Hiring Local Moving Services
Navigating Chicago’s tight city streets, parking restrictions, and elevator reservations requires the expertise of someone familiar with the area, so search for local services, such as Move-tastic!, for assistance. Once you’ve picked a few moving companies, read their reviews and check their credentials. To avoid surprises, verify that they hold the proper insurance coverage and licensing through the Illinois Commerce Commission. Some companies charge extra for staircases, long carries, or last-minute schedule changes, so ask about additional fees.
Strategic Packing Tips for High-Rise Living
If you’re moving into a high-rise condo, these helpful packing tips are invaluable:
- Use small, sturdy boxes: Cramming as much as possible into large boxes to reduce trips can make maneuvering around hallways, elevators, and other tight spaces challenging.
- Label everything: Label boxes with your name, floor number, and room destination instead of just writing what’s in them to prevent anything from getting lost during your move.
- Secure fragile items: Use bubble wrap for delicate decor and expensive items to prevent shifting during transit. If you need a little extra help, Move-tastic! provides professional packing services.
- Measure furniture: Ensure large and bulky items fit through doorways, hallways, and elevator openings. Otherwise, consider disassembly services.
- Pack all essentials in one box: Keep your everyday necessities, such as chargers, toiletries, snacks, and important documents, in one box so they’re easily accessible.
Streamline Your Chicago Condo Move
Let us remove the stress from your move in Chicago. Contact us today to learn about our affordable moving and packing services. Short on space? We also offer storage solutions so you can keep your belongings safe.