Condo Sales
I bought a condo at 200 N Dearborn in 2010 at price of around $250K, my cap rate is only around 3%, I hoped the condo value would go up over years, unfortunately, it actually went down. If I sell today, I might need to discount. Any comment about the condominium market in Chicago loop area? I am evaluating whether to sell it at loss and invest the money for something better or keep it.