A few years ago there was a lot of development here, conversions. Some buildings were fully gutted with new electrical and plumbing, others, with the wave of a hand, became condos and were sold as-is. Now, after the downturn, there are a lot of buildings where investors are leasing with rent-to-own options. So look around, do your homework, read YoChicago…there’s a lot to be had right now in Rogers Park.
– Michael Glasser, president of Magellen Properties (not to be confused with Magellan Development), founding member of the Rogers Park Builders Group, and owner and contributor of RogersPark.com, offering a tip on where and how buyers should look for homes in the Rogers Park market. For more about this and other insights into Rogers Park, check back here tomorrow for the first segment from our video interview. (Thanks for the endorsement, Mike.)