“Did you know that condos with balconies in Chicago can increase property value by up to 20%?”
Why Do You Really Need a Condo Balcony in Chicago?
Are you interested in owning a Chicago condo with a private balcony or terrace? The list, at the end, includes several Chicago condos with balconies or private outdoor space. However, not all condo units in Chicago include balconies. Some buyers may see the extra square meters for a balcony or patio as something that will significantly increase the condo’s price. Yes, you do have to pay for that extra space, but you should not overlook or underestimate the benefits of having your own balcony or patio.
You cannot overstate the allure of having a private space outside your house. A condo with a balcony or patio smoothly blends indoor and outdoor living, providing several advantages that improve the overall condominium experience. That is why, when buying a condo property in Chicago, buyers evaluate not only the location and amenities but also the appeal of having a balcony or patio.
Benefits of a Condo Unit with a Balcony in Chicago
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Relax and dine with a view!
If there is one thing that Chicago real estate investors and condo unit owners like about living in a condo with a balcony or patio, it is the stunning views and surroundings that unfold in front of them.
Having an amazing view is going to relax you. You could enjoy that view from your balcony or patio in a lot of different ways, such as sipping your coffee in the morning as the sun comes up or having a romantic dinner with a bottle of wine while watching the city lights at night.
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Increased natural lighting
The warm, natural glow of sunlight has a good impact on mood and well-being, known as the “daylight effect.” This abundant natural light not only improves the condo’s visual appeal but also has a significant impact on the whole living experience by brightening the interior and providing a welcoming atmosphere. More daylight minimizes the need for artificial lighting and provides several health benefits.
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Provide more living space.
Your condo balcony is an additional outdoor space that not only increases the actual size of the apartment but also provides a diverse environment for relaxing, dining, or even gardening, thus improving residents’ overall quality of life. You can also use the space as an outdoor dining area, a lovely reading nook, or an exercise area.
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Potential for higher resale value
Investing in a condo with a balcony or patio can be financially beneficial in the years to come. Balconies are highly sought after by homebuyers, and having this compelling facility can boost your condo’s resale value. In Chicago, condos with balconies are more appealing to prospective buyers and tenants because they provide:
- Greater living space.
- Access to outside views and fresh air.
- The ability to create a personal outdoor paradise.
Explore Chicago Condos with Balconies
The perks listed above demonstrate why having a condo with a balcony or patio in Chicago is a significant investment. Now, let’s figure out the list of condos with balconies available in Chicago. Here are five excellent options available on the market:
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Lakeview Tower
Enjoy breathtaking lake views from your spacious balcony in this stylish condo in the center of Lakeview.
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The Loop Luxe
This premium high-rise in The Loop offers huge balconies with breathtaking city views, making it ideal for urban life.
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River North Retreat
A modern condo in River North with a separate terrace perfect for outdoor partying and relaxing.
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Lincoln Park Loft
Within the lively Lincoln Park neighborhood, this condo features a large balcony with views of the park and cityscape.
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Gold Coast Gem
Experience premium living on the Gold Coast with a balcony with amazing views of the city skyline and Lake Michigan.
Please contact us for more information about Chicago condo buildings with private balconies and to organize a private tour at your earliest convenience.
