Chicago, IL Real Estate News

By Chuck Dellorto, "Talk To Chuck"
(Coldwell Banker - Serving INDIANA & ILLINOIS)
A city the size of Chicago has just about everything to offer in the way of nightlife. For those interested in good food, Chicago is famous for excellent steaks and deep dish pizza. Dining options abound from family fare, to ethnic cuisine, to the latest in trendy restaurants. Some of Chicago's most interesting dining can be found in the area of Randolph Street just west of Chicago's Loop, as well as a stretch of the south Loop, and on the Magnificent Mile.For those looking for the music and nightclub scene, a city the size of Chicago has just about everything to offer. Chicago is famous for blues and jazz, but offers just about every musical tradition. There are numerous nightclubs all over town, especially along Halsted Street, Lincoln Avenue, and Clark Street on the North Side, as we...
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By Chuck Dellorto, "Talk To Chuck"
(Coldwell Banker - Serving INDIANA & ILLINOIS)
Chicago has attractions too numerous to do justice in a simple list. Some of the more notable "must see" attractions include:The John G. Shedd Aquarium/Oceanarium, which offers the world's largest indoor collection of aquatic mammals, reptiles, amphibians, and fish. The Lake Michigan shoreline with its numerous beaches, lagoons, harbors, and Navy Pier. The Lincoln Park Zoo, one of the oldest zoos in the country. Millennium Park, a combination of architecture, sculpture, landscape design, and a sophisticated outdoor concert venue offering numerous events. The Sears Tower, the fourth largest building in the world.     Moving to the Chicagoland area? Call me for all your Real Estate needs. 219-864-7516
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By Chuck Dellorto, "Talk To Chuck"
(Coldwell Banker - Serving INDIANA & ILLINOIS)
Chicago has plenty to offer to fill every sports fan's appetite. Chicago and the surrounding area is home to the following major sports teams:Baseball - Chicago is one of only two cities in the United States that is home to two Major League Baseball (MLB) teams, the Chicago Cubs and the 2005 World Series Champion Chicago White Sox. For individuals who like Minor League Baseball action, the Midwest League's Kane County Cougars play an hour west of downtown Chicago in Geneva, Illinois. The Cougars are a Class A affiliate of the Oakland Athletics. Basketball - The National Basketball Association (NBA) Chicago Bulls, and the WNBA Chicago Sky. Football - The National Football League (NFL) Chicago Bears, and the Arena Football League (AFL) Chicago Rush. Hockey - The American Hockey League Chi...
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By Chuck Dellorto, "Talk To Chuck"
(Coldwell Banker - Serving INDIANA & ILLINOIS)
Chicago has a strong and vibrant arts community offering museums, performing arts, music festivals, and more. Some of the more notable museums include:The Adler Planetarium and Astronomy Museum The Art Institute of Chicago The Bronzeville Children's Museum The Chicago Children's Museum The DuSable Museum of African-American History The Field Museum The John G. Shedd Aquarium/Oceanarium Hands On! Children's Art Museum The Museum of Contemporary Art The Museum of Science and Industry The Peggy Notebaert Nature Museum of the Chicago Academy of Sciences The Polish Museum of America The Peggy Notebaert Nature Museum of the Chicago Academy of Sciences For patrons of the performing arts, Chicago's notable attractions include:Broadway in Chicago The Chicago Opera Theater The Chicago Symphony Or...
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By Chuck Dellorto, "Talk To Chuck"
(Coldwell Banker - Serving INDIANA & ILLINOIS)
Chicago HistoryThe area that was to become Chicago was first "discovered" in 1673 by Father Jacques Marquette, a Jesuit missionary, and Louis Jolliet, a Canadian explorer and map maker. In 1779, Jean Baptiste Point du Sable, an African American from Haiti, built the first permanent settlement near the present Michigan Avenue Bridge on the north bank. Chicago was incorporated in 1833 as the Township of Chicago. Chicago became a city in March of 1837. At that time Chicago's population was just over 4,000 people. Some notable dates and events in Chicago's history include:In 1860, the first national political convention held in Chicago nominated Abraham Lincoln as the Republican candidate for president. In 1865, the famous Chicago Union Stock Yard was completed. The Stockyard went out of bu...
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By Mike Linton
(Mortgage 1st Realty)
    Investing in Chicago Real EstateBy : Michael R. Linton   Submitted 2007-06-05 13:49:08 Investing in Chicago Real Estate Chicago, Illinois - I am writing this article to introduce a unique and exciting investment strategy that I am bringing to the Chicago area and I am offering this strategy to a limited number of people. Bringing years of real estate and mortgage experience to the table, I have developed an investment plan that allows investors to start with nothing but their primary home to owning 16 or more properties in a 6 to 10 year period. This plan even shows you how to get the money needed to purchase your first property in Chicago. I want to teach you a safe way to invest in Chicago properties with proper mortgage planning, asset protection strategies and tax planning. The ...
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By Exit Platinum Realty
(EXIT PLATINUM REALTY)
Illinois, Chicago August 10th To support our local Chicagoland  Real Estate Agent  and family click here The Chicago Breast Cancer 3-Day will begin with Opening Ceremonies on August 10th and conclude with Closing Ceremonies on August 12th.Please note that the exact route is still being finalized and subject to change. Developing the ideal course that will provide for a safe and scenic weekend is a long process, involving the cooperation of many jurisdictions.Note: Crew registration for the Chicago 3-Day has reached capacity and is now closed. We are still recruiting qualified health services professionals to join our Medical and Sport Medicine teams. To register for one of these Health Services Crew teams, please contact Jill Wu, Crew & Volunteer Coordinator, at 800.996.3DAY x. 958.Only...
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By Justyna Frank, ABR
(Keller Williams)
Working with home buyers in Chicago, I find myself answering many of the same questions over and over. Aside from general questions about the home buying process, here are the questions that seem to come up most often:Can I still get out?!This is the most common first-time home buyer question. I think people ask it, because the process is so unfamiliar, so overwhelming, and with so much money at stake, that they worry about being sucked into a vortex with no possibility of escape. Let me begin by saying, that I would never, ever encourage you to make an offer on a property that you are not genuinely interested in buying. It can be a very stressful process, and there is really noreason to enter into it unless you intend to finish. However, even with the best intentions, things can and do...
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By Mike Linton
(Keller Williams Florida Partners)
 Commercial Loans for Algonquin Illinois Properties From $100,000 to $1.5 Million Attention Woodstock Property Owners - We are interested in acquiring commercial property located in Woodstock Illinois Attention Winthrop Harbor Property Owners - We are interested in acquiring commercial property located in Winthrop Harbor Illinois Attention Tower Lake Property Owners - We are interested in acquiring commercial property located in Tower Lake Illinois Attention Ringwood Property Owners - We are interested in acquiring commercial property located in Ringwood Illinois Attention Richmond Property Owners - We are interested in acquiring commercial property located in Richmond Illinois Attention Palatine Property Owners - We are interested in acquiring commercial property located in Palatine Il...
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By Robert Darrow
(Keller Williams Realty Professionals)
The Memorial Day holiday weekend was relaxing and enjoyable - just like an early Summer weekend in Chicago should be. We did some work for clients as well; I showed some listings on Friday and took a buyer-client out for a Saturday morning tour. Steve showed our listings on Saturday morning and then we both had the rest of the weekend to ourselves. One recurring phenomenon we experience on Holiday weekends is the last-second call to our cell phones with requests to show property at odd times during the Holiday - sometimes right on the Holiday. I know we need to SHOW houses in order to SELL houses, but we also can tell the difference between BUYERS and TOURISTS. I prefer to show houses to BUYERS. For example, on Saturday I toured a selection of condo's with my buyer, Eric. Eric is a soli...
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By Exit Platinum Realty
(EXIT PLATINUM REALTY)
State provides safety tips for families visiting amusement parks, street festivals and carnivals this summer Illinois Department of Labor conducts safety inspections to ensure rides and attractions are safe for families expected during the Memorial Day Weekend and throughout the summer  CHICAGO -- With summer just around the corner and millions of people expected to make their way to popular amusement parks, festivals, street fairs and carnivals across Illinois, the Illinois Department of Labor (IDOL) is offering families tips on how to stay safe while enjoying amusement rides and attractions.  IDOL inspects rides that are open to the public - before they are permitted to operate - to ensure that families are safe.  "As families head to carnivals and enjoy amusement rides and attraction...
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By Vicki Watzlawick, Illinois Foreclosure Expert, The Watz Team
(CORE Realty (The Watz Team) )
Chicago's 50th Annual Venetian Night is set for Saturday, July 28, 2007. Over 30 lighted boats participate in the parade, which is followed by a fireworks display that is synchronized to musicVenetian NightAttracting a crowd of more than half a million people, Chicago's magnificent lakefront is transformed into a nighttime venue of fun. Dozens of boaters show off uniquely decorated boats during a nighttime procession and the night ends with a spectacular fireworks show accompanied by a customized music soundtrack. Celebrating its 50th year anniversary, Venetian Night is the City's longest running lakefront festival that provides businesses with a unique opportunity to entertain on-site under a hospitality tent or do large volume sampling. Date: July 28, 2007 Attendance: 675,000 +Posted ...
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By Exit Platinum Realty
(EXIT PLATINUM REALTY)
2007 Susan G. Komen 3 day Breast Cancer Walk. Look for supporters in your area. Post your stories and pledges. Post your State first, then your local city. Net proceeds benefit the Susan G. Komen Breast Cancer Foundation and the National Philanthropic Trust, funding important breast cancer research, education, screening, and treatment. Link Belowhttps://www.kintera.org/faf/donorReg/donorPledge.asp?ievent=202303&supid=162981708 
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By Carol Spengel, Wheaton IL
(Prudential Rubloff )
As a real estate professional I hear a lot about what people need.  I need a 4 bedroom home, I need an acre of property, I need a first floor den, I need a three car garage, I need a media room, I need a large master suite.  The list of needs goes on and on.  Yet, none of those needs makes a house a home.  There is nothing wrong with wanting all those things.  In fact, it might make life a little easier.However, a house, no matter what the size, becomes a home when the people inside feel loved and safe.  I have wonderful memories of my Grandmother's Chicago Bungalow, 5442 S. Newcastle.  It is about two miles from Midway Airport.  Grandpa was an airplane mechanic, so the location was perfect.  They purchased the home in 1939 for $6,000.  It is a 2 bedroom, 1 bath, 744 square foot brick b...
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By Angela Santana
(Century 21 Green Acres)
As I was looking at my local boards' website I noticed that the areas wher I would "farm" the home sales have dropped dramatically, some as far down as 11%, whereas, one area has increased 1% and that is the only one I see with any kind of potential. I guess I will start looking around me where things are actually looking up and get to work on my research. I will also see if I can prospect with anyone who is renting an apartment and see if I can get them to buy. It will be a bit of a chore, but let's see if anything can work. I will probably prospect those who are selling buildings renting out the apartments.....Let's see.... Have a great one!!!
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By Patrick Martin
(Re/Max Edge)
Though I live in Uptown, and I'm out walking my dogs around the neighborhood a few times everyday, it can seem pretty "routine".  Not much changes, the same faces, the same places.But my whole motive for moving to the neighborhood seven years ago, was for CHANGE!  It was almost like clouds you see coming on the horizon.  This was a neighborhood with POTENTIAL!  And, for the same price I would pay for a one bedroom condo in Lakeview, here I could afford a beautiful new two bedroom unit.Well, it's always nice to see your instincts confirmed.  In the last week, Crain's On-line News Service has had a couple of articles about Uptown.  First there was an article about Newcastle Ltd. investing in Uptown.  They have invested millions of dollars in many apartment buildings in Uptown.  Why?  Beca...
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I continuously monitor local real estate statistics to keep my clients informed and ahead of real estate trends.  Below you will find real estate statistics for the Edgewater neighborhood in Chicago for the 2nd week of May.New Condos on the market: 32Number of Condos under contract: 141Closed Sales of Condos: 3Number of Condos off market (Expired Listing, Cancelled Listing, Temporarily removed from the market): 27 (These statistics were gathered from the MLS of Northern Illinois.)If you would like a free list of homes for sale in this neighborhood, or would like more information about Edgewater/ Andersonville, or would like to know about HOT NEW LISTINGS before other buyers, drop me an e-mail at: Patrick.Martin@Remax.net 
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By James Weber
(Real Living Helios Realty)
In a recent Los Angeles Times/Bloomberg poll, nearly 33% of people polled predicted values in their neighborhood would increase in the next 6 months.  Sixteen percent predict a decrease and the rest said values would hold steady.  Even though prices of gasoline, electricity, heating oil, etc keep rising, Americans are optimistic that real estate is still a good investment.  Although most honest realtors, including myself, have seen a slowdown in the market over the past year, there is still significant action going on in the Chicago market.  Many of the buyers I work with are hesitant to offer full price but depending on the location and upgrades in the unit, I am still seeing condos sell within 90% of asking price.  From a resale standpoint, I advise my clients to make sure that their ...
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By Michael Hutchins - Consumer Advocate, Chicago
(Michael Hutchins Ent.)
So I got a call from a long time friend of mine at the beginning of the week.  He said, "Mike, do you think you can put a loan together by Wednesday or Thursday?  My brother (who is a Mortgage Broker) was supposed to do my loan and close on my home two weeks ago, but he keeps delaying the closing."  Being a Mortgage Bank, I knew that we certainly had the capability to do this, but it also depended on him getting his information, credit, and funds together quickly.  I knew that the sellers of the home that my friend was buying were living in a hotel, and my friend needed some help.  My friend was stuck, because he couldn't get any answers from his brother and he needed to move into his home.  Plus, he was feeling guilty, because he was also holding up the purchase the sellers were making...
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By Abe Loper
(Nobility Partners, LLC)
I'm gonna make this short.  It's not a rant against any agent.  I love the agents that I work with and they generally do their homework when they start working with a buyer.  Now, maybe you can help me out.  I don't know what sort of questions you usually ask your clients the first time that you meet with them, but let me make one quick suggestion.  Please ask them if they think they are in a position to buy a house.  That's it.  Some people will be mistaken and misinform you, but maybe this will help sift through some of the clients I've been getting.  I had an agent send me a buyer this week that was looking to buy that particular agent's home.  So, I understand that he was really hoping the best for his buyer.  But after lots of calls and voicemails and emails, etc, I pulled the buye...
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