Author Archives | John McGeown

About John McGeown

A Chicago native and long time North Side resident, John comes to Jameson with over five years experience in Chicago real estate: sales, leasing, and property management in Chicago. With a strong, diverse background in residential leasing, John has developed a keen sense for matching quality tenants with his large network of property owners. Leadership, ambition, and creativity drive him forward, and he strives to consistently deliver outstanding service. Prior to entering the real estate industry, he spent four years in the U.S. Navy as an Operations Specialist stationed in San Diego, California. When not working, John enjoys playing the drums with his band, King Sparrow. Visit John on the web.

Condo Investors See A Bottom to the Chicago Housing Market

Written by: - November 12, 2009

1 Comment

Condo Investors See A Bottom to the Chicago Housing Market

Miami-based luxury high-rise developers Crescent Heights put Cityfront Place under contract for $83 million and the deal is supposed to close this month. This acquisition is the first downtown apartment building to sell in over two years which is a good indicator that the rental market might rebound before any other division in the housing market.

Continue reading...

Downtown Chicago Rental Market Improving…Really? And at What Cost?

Written by: - August 28, 2009

2 Comments

Downtown Chicago Rental Market Improving…Really? And at What Cost?

I recently read a Crain?s Chicago Real Estate article about how the downtown apartment market is improving. The good news about this is that there is finally good news! Chicago?s rental market has been put through the ringer this season and no more bad news is great news. The downtown apartment market is doing marginally […]

Continue reading...

The Chicago Rental Market…The Good, The Bad, and Advice for Landlords

Written by: - July 30, 2009

Comments Off on The Chicago Rental Market…The Good, The Bad, and Advice for Landlords

The Chicago Rental Market…The Good, The Bad, and Advice for Landlords

Let?s face it, it’s a scary time to be a landlord. The apartment rental market is facing difficulties like never before. For the first time in six years apartment rents are down nationwide. Fueling the fire are investor-owned properties (usually condos or town homes), which has expanded the rental supply by roughly 50 percent. Whether […]

Continue reading...

Job Loss and Climbing Vacancy Rates: A Bad Combo for Landlords

Written by: - May 20, 2009

2 Comments

Job Loss and Climbing Vacancy Rates: A Bad Combo for Landlords

Normally May is a great time to be a landlord in Chicago. This season, I wish I could say it is, but it isn?t. Apartment conditions in Chicago have softened because of the rising unemployment rate and overbuilding. The citywide condo boom has ended, and a lot of recently completed and under-way projects are now […]

Continue reading...

Renting Best Option for Some Stuck Sellers?A Lakeview Case Study

Written by: - March 24, 2009

6 Comments

Renting Best Option for Some Stuck Sellers?A Lakeview Case Study

It?s no secret to anyone that the current sales market is less than ideal. Under most normal circumstances, average homeowners are holding on to their property and hoping for the housing storm to pass. But what if you have to sell? You could be someone who is being transferred to another city or state by […]

Continue reading...