This is a cool shot of the Chicago Water Tower. Located in the Gold Coast at Michigan Ave & Chicago Ave. at the North end of the “Magnificent Mile.” It was one of the only buildings to survive the Chicago Fire of 1871 although many say it was the ONLY building to survive. This is [...]
29
Feb
Here is our weekly look at the Chicagoland Real Estate market for the week of February 21-27. This information is provided by the Chicago Association of Realtors and MLSNI for the 77 communities in Chicago and nearly 300 surrounding suburbs. When I can I try to provide additional information on specific areas. I’ll look at [...]
28
Feb
Bucktown and Wicker Park are going to see something interesting this weekend. On Saturday, March 1st, at 12:30pm is the third annual Chiditarod. Starting line is at Damen & Shakespaere in Bucktown/Wicker Park. What the heck is the Chiditarod? I’m glad you asked. It is a shopping cart race that [...]
27
Feb
Had a friend of mine contact me via email today. Checking in, making sure I was doing well but most importantly letting me know to keep my eyes and ears open for a 3BR/3BA townhomes in Lincoln Park, Chicago and Lakeview, Chicago between $500,000-800,000. So I decided to share it all with you. My MLS [...]
27
Feb
Chicago and the Western Suburbs of Chicago are not unlike the rest of the country when it comes to “days on market.” Number are up. Considerably. An old rule of thumb back when the market was so fast paced was if you didn’t sell in 45 days you were overpriced. For the most part this [...]
26
Feb
Let’s take a look at 10 Western Suburban communities and their absorption rates. Last week we took a look at 10 neighborhoods of Chicago. A healthy number is somewhere between 22-28 weeks. Most of these communities are not as high as I expected. Lisle is the only community that has over a years worth of [...]
25
Feb
Let’s take a look at how Lakeview Chicago is stacking up in the Real Estate Market. As usual this is a look at Active, Sold and properties Under Contract over the past 6 months. We look at Type 1 and Type 2 properties. We’re checking out median vs. average price, high vs. low price, market [...]
25
Feb
Let’s take a look at Westmont, IL Real Estate over the past six months. As always we will be looking at total number of units, market time, median vs. average sales price and high vs. low price. All stats are taken from MLSNI for property Type 1 and Type 2. Westmont is a Western Suburb [...]
22
Feb
Morton Arboretum, Lisle IL, Winter Scene
Published in Fun Photo Friday, LisleBeautiful photo of the Morton Arboretum in Lisle, IL. My hometown. The Arboretum Village as they call it. Whoever they are. Love the way this photo captures how winter, while cold and getting long, can make you stop and stare. The Morton Arboretum is just off of I-88 in this Western Suburb of Chicago. In [...]
22
Feb
A Quick Guide to Agency Terms
Published in Things You Should KnowSeller’s Agent
A Seller’s Agent is hired by and represents the best interest of the seller. The relationship usually is created by a listing agreement.
Buyer’s Agent
This type of licensee is hired by prospective buyers to represent them in a real estate transaction. The buyer’s agent works in the buyer’s best interest throughout the transaction. They buyers [...]
