Condominum associations are often one of the more affordable living options in many areas of Chicago. Condos allow residents to focus on the maintenance of their own unit without worrying about larger maintenance issues, such as snow removal, landscaping, etc.
That said, purchasing a condo is a major investment in many respects. In addition to the monetary investment of an initial down payment and mortgage, there are also significant financial and legal implications involved.
To learn more, check out this article filled with answers to frequently asked questions from recent condo purchasers and those exploring the market.