Using Padmapper.com to determine market rents

Using Padmapper.com to determine market rents

Chicago apartment landlords continue to benefit from weak real estate market.  Rents are up again at Class A and Class B properties in Downtown Chicago.  Class A is now averaging $2.50/sf and Class B $2.10/sf according to Appraisal Research.  Asking rents at some Class A properties are over $3/sf.

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