Luri Properties

05/04/2026

Exclusive - Andersonville Custom Home - Opportunity
Once-in-a-generation opportunity to customize your dream home!

Idyllic 50ft Double Wide Lot with mature trees and landscaping.

Prime location, one block to Clark Street - restaurants / shopping / Andersonville Commercial Historic District.

- Impressive vintage brick home with solid bones.
- Provides an open canvas for buyer’s personal choice of finishes.
- Wide covered center entrance and open-newel central stair with skylight.

Ideal place to put down roots for generations to come.

If you’re in the market for a wide lot home in an incredible location
Don’t miss this rare gem!

For more info on this exclusive private listing,
DM or call Roger.
Luri Properties Inc.
312.593.5080

04/30/2026

Our Lincoln Park clients made $350,000 with one phone call!

In early February, my phone rang:

“Roger, my wife and I are down in Florida and we’ve decided that we’re ready to sell our house and move. We already have a couple of strong offers, but before we accept one, I wanted to see what you could do for us.”

They had lived in their home in the Wrightwood neighbors area of Lincoln Park for almost 40 years. Their kids are grown and they were ready for a new home closer to the grand kids. Our client’s house is a quaint older frame house situated on a highly coveted extra-wide double lot - with a rare side yard.

We had talked by phone a couple times over the years and we’ve sent them market update letters from time to time. Because they were now considering selling, he had grabbed our letter from his desk when they left for Florida.

He had been getting calls from brokers and builders who made him cash offers for his home and had already been able to negotiate one of them from their original offer up to $3.1M.

I told him that:
1. We could complete an off market sale within of a couple of weeks (before they came home from Florida).
2. We didn’t need keys or need to show anyone the inside of the house.
3. I was confident that by putting his home directly in front of all of the builders and developers looking for similar projects in Lincoln park, they’d bid the price up and we’d get him $3.4 - $3.5M.

Why were we so confident? $3.1M seemed like a great price. That would have already been the highest price paid per land square foot to date in the Wrightwood neighbors area.

But builders in Lincoln Park and nearby North side neighborhoods know us as the go-to brokers for development sites. We are constantly looking at the numbers for new construction sales, inventory and development costs.

We knew that right now, builders would be willing to pay considerably more for this particular site.

He had nothing to lose, so he signed a listing with us at $3.4M via email and we went to work.

In the next few days we received 5 new offers for his home, and thanks to this competition we were able to drive the price all the way up to $3.45M!

The buyer even agreed to give him two additional months possession after closing so he would have time to find a new home and get moved.

Our clients are very glad that they made that $350,000 call!

An unsolicited cash offer will rarely be your highest and best number. A buyers goal is to buy your property, before any of their competition sees it, and they are forced to pay more.

04/13/2026

You may have seen these signs at Rita Rugs on Lincoln Avenue,
that is because we recently sold this commercial property for our client.

After 40+ years in this location, it was time for retirement.

Over the last couple years, the owner had a couple builder/developers making offers to purchase his property for condos.

He’d had offers of $1.5M and was aggravated after a builder backed out of a $1.55M deal, wasting months of his time and energy.

Looking at recent condo prices nearby and current construction costs we knew that a developer would now be willing to pay him more.

We told him that we were confident that by presenting the opportunity directly to our private network of over 200 Lincoln Park and Lakeview builders, we’d get him several, much stronger cash offers within a couple of weeks and he wouldn’t have to deal with a string of brokers and builders pulling his chain.

The result was that, in the first week and with NO showings, we had multiple cash offers bidding for his property.

He accepted one for $1.71M - $160,000 more than his first deal!

A first lone offer is rarely the best.

To get maximum value for your property;

it’s crucial to get it in front of all the right potential buyers who are ready to buy and looking for a property like yours.

When they see a property that works for them, they know that others will be thinking the same. That's when they will make their highest and best offers.

Happy Retirement!

10/29/2025

Here’s how we helped our clients get multiple offers and drove the final sale price up to $1,000,000 on this vacant 7-unit building in Rogers Park.

Our clients had inherited the building, but over the years it had become more and more of a burden for them to operate.

This building had incredible potential, but building components like plumbing, electrical, roofs, appliances, etc., just don’t last forever.

After years of service, even the best buildings need extensive renovations which can only be done with the building vacant.

Over the last couple of years, as tenants moved out, they were not replaced and when we met the owners, the last two tenants were just moving out.

While most buyers looking for income properties on the MLS are not ready to take on a major renovation project like this, we have an extensive network of professional operators who are looking for exactly this type of project.

They prefer to buy off-market and completely renovate a building to their own specifications. This way they can re-position new units in the market to achieve the highest income and maximize the finished value.

A vacant property ready for rehab is an attractive opportunity for an investor like this because it allows them to start their construction immediately.

However, most people sell vacant properties on the MLS where they can end up sitting on the market for a long time without selling.

We bypassed this and went “off-market” directly to our extensive network of hundreds of active, professional investors so that we could build a lot of interest to get buyers bidding against each other.

We scheduled just two strategic showings and had around 30 qualified buyers attend.

This focused approach ignited immediate, intense competition, and within a single week, we had secured multiple offers.

Meanwhile, a few similar multi-unit buildings in the area languished on the MLS for months.

This drove our final sale price up to $1,000,000!

Our clients can be certain they got the absolute highest price because we created maximum exposure to all the right people in the shortest possible time.

If you have a property to sell that would benefit from an unconventional approach, just message me “considering selling”.

We’ll show you what your selling process could look like and run numbers for your best target selling price.

10/18/2025

This is another example of legislators who clearly don’t understand real estate, passing legislation that will only serve to further limit supply of affordable homes.

In this case they look at the lowest price home sales and and see that most of these homes are sold to “flippers”.

They obviously designed this legislation to make it more difficult for flippers to purchase these low priced homes,

The narrative is that these “flippers” are snatching up these low priced homes that otherwise would have been ideal for first time home buyers.

The fact is that the low priced homes that “flippers” buy are usually low priced because they are old and often in need of extensive renovations or a complete gut.

These homes are not suitable for a first time buyer who generally knows nothing about home maintenance let alone construction.

Building components do not have unlimited life. Doing extensive renovations is expensive and usually it is impossible for a homeowner to do while you are living in the house.

The fact is that the newly renovated homes that a “flipper” would sell or rent after renovation may be more expensive than you’d like, but they are affordable homes by today’s standards.

Again, homes don’t last forever. Year by year, components such as roofs, HVAC systems, plumbing, fixtures, appliances, flooring, siding, concrete walks, etc. reach the end of their useful life and need replacing.

A first time home buyer is seldom interested in buying a nasty old home that needs a lot of work.

If a first time buyer buys a low priced home that may still be livable, but needs a lot of work, they seldom understand the scope of work, or the cost of the work that the house needs now, or will need in the next few years.

This can easily turn into a financial nightmare for them.

By passing legislation that is going to make it more difficult for “flippers”, our lawmakers are actually limiting the supply of descent quality affordable homes which will certainly have the effect of making them more expensive.

A new law in Massachusetts took effect today that aims to prevent no-inspection home sales. The law aims to disincentivize house flippers.

10/10/2025

Just closed on this Lincoln Park property for our client, and couldn't be happier with the outcome!

We knew this property had incredible potential as a condo development site, so we took an unconventional approach.

Instead of the traditional approach listing on the MLS, we presented it directly to over 150 developer/builders in our curated network who are actively looking for projects like this in Lincoln Park.

We were confident asking $1.3M, which was already $40,000 over the highest previous sale on the block. By creating a competitive environment among serious buyers, we created a bidding war which drove the price up.

The result? In less than a week, we were under contact and ultimately closed for an incredible $1.41 MILLION with ZERO public showings necessary.

Our clients got $110,000 over our ambitious asking price and $150,000 over the highest recent sale!

Thinking about selling but dreading the endless prep work and showings?
Let's talk. There might be a smarter, faster way for you to get an amazing price!

04/27/2025

Here’s an interview with multifamily guru John Casmon on his Multifamily Insights podcast.

Podcast Episode · Multifamily Insights · 01/30/2024 · 30m

04/25/2025

🏠2 Off Market Lincoln Park Townhomes🏠

Incredible opportunity
Two 3 Story Lincoln Park Townhomes on one lot.

Two separate P.I.N.s.
Existing 2-unit condo association.

Can easily be rehabbed and rented or sold separately.
Awesome location for STR or MTR.

Lot is 25 x 119 - Zoned RM-4.5.
Allows 3 new construction condos.
1 duplex down, 1 simplex, 1 duplex up with roof deck.
Great new construction condo comps up & down the block.

Give me a call or dm for more info or to get on our list to see our future deals!

312.593.5080
Roger Luri
Luriproperties.com

04/11/2025

First Look!
Preview this weekend Sat 11-1 and Sun 1-3

Stunning Belmont Harbor Views

3180 N Lake Shore Drive
Rarely available 2000sf - 4 Bedroom, 2.5 Bath

Lincoln Park and Belmont Harbor are your front yard.
Bright end unit with 3 exposures.
Semi private elevator to unit.
Full amenity building.

Entertainer’s dream or serene city retreat—sunlight all day, sweeping lake and skyline views, and space that truly feels like a home.

For more information on this incredible home or any of our other upcoming properties;

Just call or text me at 312.593.5080 for a private consultation.

Roger Luri - Luri Properties
rogerluri.com

11/17/2024

Swedish pancakes at Svea today!

Been coming here with Louis & his bro Vincent since they were little guys!

11/11/2024

Out for my daily walkabout in the neighborhood.

Here's a new single family home under construction on the 1200 block of Wrightwood.

This is a wide lot home and will be priced at ~ $4M.

These wider lots have been in demand for homes, and for wider / bigger condos.