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Elgin, IL Real Estate News

By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Market Update by Price Range -  December 2010   Diligently trying to keep both buyers and sellers informed on the local Elgin IL housing market has been my goal for many years.  This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity.  Which is up by the way! How can you use this information if you are a buyer?   The price range that you are thinking of purchasing in, is it one of the more active price areas of the Elgin market?  It would also be telling you that there are many other buyers also in your price range all looking for that 'deal!'   How can you use this information to help if you are a seller?  If you are planning on selling your Elgin Home soon, you can see which price ranges are the most active.  Clea...
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By Lyn Sims, Real Estate Broker Retired
Bald Eagles visit Elgin so I went to ogle them! It was a rare event we had in this area right after some extremely warm weather the bald eagles came down along the Fox River that flows through Elgin.  Since the river was no longer frozen it was a complete fishing expedition for the eagles.  On the day I was there last week it was absolutely freezing!  The Elgin Library was gracious enough to be a warming area if you wanted to go inside.  The wind and cold just flew down that frozen water!  I was prepared as best as I could and actually stayed longer than the 2 other ladies that were also there! What I thought was great was even though you maybe couldn't see them well - you could hear them.  Follow the 'screech' to the area in the trees and there they were.  Sorry that I couldn't get any...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Elgin, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 522 226 $150,000 - $199,999 198 259 $200,000 - $249,999 139 294 $250,000 - $299,999 88 318 $300,000 - $349,999 57 315 $350,000 - $399,999 36 405 $400,000 - $449,999 16 570 $450,000 - $499,999 16 385 $500,000 - $549,999 8 644 $550,000 - $599,999 9 464 $600,000 - $699,999 17 513 $700,000 - $799,999 9 535 $800,000...
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Windemere Cove in Elgin Windemere Cove is a townhome community built in the early 1990's. Windemere Cove is located in Elgin, Illinois south of Route 20 and east of Randall Road. Activity in Windemere Cove for the past 6 months Homes Sold Lowest Price Highest Price Average Price 1 $75,000 $75,000 $75,000 1 homes sold in Windemere Cove in Elgin from $75,000-$75,000 with an average price of $75,000 within the last 6 months. -Elgin- Address City Beds Baths Model List Price Status 260 Nautical Way, 260 Elgin 2 1.1   $134,900 Active 275 Nautical Way Elgin 3 1.2   $135,900 Active
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
Edgewater by Del Webb is a fantastic example of today’s ideal active adult community for retirees in search of a smaller-scale community with a grand collection of amenities and vibrant lifestyle. Del Webb opened Edgewater in 2005 and today the community is one of the most popular 55+ communities in Illinois. Located in Elgin, Illinois, Edgewater is conveniently situated to great shopping, everyday conveniences, outdoor recreation, dining and more. The community is just a short drive to major expressways offering easy travel to surrounding suburbs and downtown Chicago. The Edgewater community is planned for 1,040 homes upon completion, all of which are single-family ranch style floor plans. Set on 440 acres, this gated community features beautiful entryway monumentation with sparkling w...
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By Lyn Sims, Real Estate Broker Retired
New movie takes place in Elgin and it's Contagious! Suburban filming locations for the fall 2011 thriller “Contagion" are spreading like the virus outbreak in the movie itself.Warner Bros. officials have inked deals to shoot scenes in the old Sherman Hospital in Elgin and outside a high school in Yorkville, and they have inquired about filming at a school, private residence and funeral home in Wilmette.It is about a virus outbreak that starts in Hong Kong and finds its way to Chicago. It stars Hollywood A-listers Matt Damon (hubba-hubba), Jude Law, Kate Winslet, Gwyneth Paltrow, Laurence Fishburne and Marion Cotillard, and will be shooting in Chicago from mid-October through mid-November. Cool!Sherman Hospital spokesperson said officials signed the contract Monday to use the vacant bed ...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Home Improvement Supplies at a Discount Check out the Habit for Humanity 'Restore' located in Elgin!  Please understand this would be a hit or miss situation but why no check it out and help a good cause? Habitat for Humanity 'ReStore'800 N. State Street (Rt. 31)Elgin IL 60123(847) 742- 9905Donated items include:• Cabinets, new and used, up-to-date with all parts and not damaged • Plumbing, usable fixtures, parts and supplies • Electrical, usable fixtures, parts and supplies • New Windows, complete with insulated glass, (no broken glass) • Hardware, knobs, hinges, locks, nails, cabinet pulls, nuts, bolts, screws (in quantity only) • Lumber, at least 6’ in length • Exterior Doors, with jambs (no broken glass) • Interior Doors, solid wood (no hollow core) • Roofing (full bales only) • Ins...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Elgin Illinois Real Estate - Monthly Market Report Whilst Elgin Illinois is not an area I sell a lot of real estate I do on occassions. My most recent was renting 2695 Colonial Drive, Elgin Illinois to a very happy family relocating from Florida. My clients had a big family but their budget would not find a big enough home in Barrington so off to Elgin Illinois we went. Elgin Illinois sells many homes every year. In the last 12 months Elgin Illinois Real Estate sales totaled 1054. Of those sales 825 were single family homes and 229 were either condos or towhomes. This excludes vacant lots and multi unit homes. Elgin Illinois real estate has homes at all price points and as an area is still growing. As of 2009 the population was over 107,000. You can search for Elgin Illinois Real Estate...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Pricing Strategy for your Elgin IL Home Listing your home soon?  Here's a couple of things you should know about 'Price'. There’s actually a few factors that are embroiled together – Price, condition, location.  Together all three will actually make your home either sell or be rejected by prospective buyers. Obviously in this market with the elevated inventory for Elgin IL Homes you have to be ‘dead on’ with your homes price.  Too high and no one will take your home seriously and it will be passed over.  Too low?  Well that really doesn’t happen too often except in distress sales, foreclosures and the like.  A fair price – what a seller is willing to accept and a buyer is willing to pay.  That’s what we normally strive for!When an agent puts your home on the market, it has to be sold th...
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By Lyn Sims, Real Estate Broker Retired
Can you imagine owning a home for only $1100 down in the Elgin and Carpentersville areas? It's true and here's the scoop on it from Habitat for Humanity.  There are certain qualifications which I have outlined for you below.  The next scheduled is for November 6th, 2010 in West Dundee. Income must be between $23,000 to $45,000 per year * Mortgage payment would be $550 to $750 with 0% interest (not a typo - it's zero) Willingness to help with construction of your home Please be sure to read thru all the attached to see if you qualify!  Please contact the Habitat for Humanity office at 847-836-1432 to register - seating is limited. This is a great opportunity so I just wanted to be sure that everyone in the area knew about it. Habitat for Humanity can help you with a new home! Habitat for...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in South Elgin IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 63 174 $150,000 - $199,999 60 244 $200,000 - $249,999 33 125 $250,000 - $299,999 16 102 $300,000 - $349,999 9 211 $350,000 - $399,999 11 158 $400,000 - $449,999 10 193 $450,000 - $499,999 5 236 $500,000 - $549,999 1 50 $550,000 - $599,999 3 56 $600,000 - $699,999 5 371 $700,000 - $799,999 2 218 $800,000 - $...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Looking for a home in the Elgin IL area?   Check out what's available in Elgin Homes now! Interest rates are at a 40 year low (check on right) so why not take advantage? These are the current market numbers and availability for Elgin Homes.  Lots of great home selections (873 total) with numerous choices below the $150,000 range and we've got great custom construction for price ranges above that up to 1.1 million!  The current average listing price for Elgin Homes is $240,348.  Some 'handyman specials, foreclosures and fixer uppers' are available for buyers trying to get instant equity in the market by doing the work themselves!  Some start at just $35,900 so you better get movin'.   To search for homes currently available in the Elgin IL area, please go directly to the home search page...
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
The far western suburbs of Chicago are home to numerous active adult communities by some of the leading national home builders. Elgin, Illinois in particular is home to two fantastic active adult communities. Del Webb’s Edgewater and Bowes Creek Country Club by Toll Brothers are both located on the far west side of Elgin just a couple miles from one another. Edgewater by Del Webb opened in 2005 and today offers both resale and new construction homes. All of the homes at this popular IL active adult community are single family ranch style with pricing beginning in the high $100’s. Edgewater features a fantastic clubhouse and the famous Del Webb lifestyle. The Creekside Lodge is a 23,000 square foot facility welcoming residents with a relaxing gathering space complete with a double sided ...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Listing your home soon?  Here's a couple of things you should know about 'Price'. There’s actually a few factors that are embroiled together – Price, condition, location.  Together all three will actually make your home either sell or be rejected by prospective buyers. Obviously in this market and the elevated inventory for Elgin IL Homes you have to be ‘dead on’ with your homes price.  Too high and no one will take your home seriously and it will be passed over.  Too low?  Well that really doesn’t happen too often except in distress sales, foreclosures and the like.  A fair price – what a seller is willing to accept and a buyer is willing to pay.  That’s what we normally strive for!When an agent puts your home on the market, it has to be sold three times.The first sale is to my peers, ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Elgin, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 427 204 $150,000 - $199,999 259 224 $200,000 - $249,999 170 231 $250,000 - $299,999 117 216 $300,000 - $349,999 59 202 $350,000 - $399,999 54 425 $400,000 - $449,999 24 377 $450,000 - $499,999 22 367 $500,000 - $549,999 7 682 $550,000 - $599,999 13 326 $600,000 - $699,999 16 432 $700,000 - $799,999 10 274 $80...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
LinksMain WebsiteBlogPhoto GalleryFrontVaulted LivrmLivrmKitchenEating AreaMaster BRMaster has Walk-In2nd BRCul-de-sac LocationDescription2BR 2BA manor home with vaulted livingroom! Lots of updates & care with laminate floor & marble counter in Kitchen, private balcony, 6 panel doors, neutral carpeting, all appliances stay. Super sized Master BR with walk-in closet. 1 car private garage and low Cook County taxes here!FeaturesBedrooms: 2Bathrooms: 2Parking Spaces: 1Year Built: 1996Subdivision: OAKWOOD HILLSLocated on Floor #: 2Floors in Bldg: 2School District: U46Agent Name: Lyn SimsBroker: RE/MAX SuburbanMLS #: 07578614Location1010 Lincolnshire Court Elgin IL 60120Powered by vFlyer.comvFlyer Id: 3469681
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
There are 4 wonderful Del Webb communities in Illinois including Del Webb’s Edgewater community in Elgin, Illinois. Edgewater opened in 2005 and will have just over 1,000 homes upon completion. Today shoppers can choose from a variety of floor plans, all of which are single-family ranch style homes priced from the high $100’s. As one of the most popular active adult communities in Illinois, Edgewater offers 12 different ranch floor plans ranging in size from 1,197 to 2,833 square feet. The community has wonderful curb appeal thanks to included brick or stone designs on the front of the homes. Most of the floor plans have 2 bedrooms, 2 baths and a 2-car garage. Some of the larger plans include a den in addition to the 2 bedrooms or have 3 bedrooms and 2.5 bathrooms. A popular floor plan ...
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By Lyn Sims, Real Estate Broker Retired
Lyn Sims | RE/MAX Suburban | (847) 230-7324 228 Sonoma Dr, Elgin, IL SAVE BIG ON THIS BIG HOUSE! 4BR'S - DEN - LOFT - 2.5 BA'S - 3 CAR GARAGE 4BR/2+1BA Single Family House offered at $279,900 Year Built 2007 Sq Footage 3,122 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 3 Car garage Lot Size .24 acres HOA/Maint $30 per month DESCRIPTION Save $100K or so on this newer home! Wonderful floorplan with open Greatroom & open Familyroom areas. see additional photos below PROPERTY FEATURES - Central A/C - Fireplace - High/Vaulted ceiling - Walk-in closet - Hardwood floor - Tile floor - Family room - Living room - Office/Den - Dining room - Breakfast nook - Dishwasher - Refrigerator - Stove/Oven - Microwave - Stainless steel appliances - Basement - Washer - Dryer - Yard - Jacuzzi/Whir...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include Elgin IL homes.  Sellers are competing to make their home standout and enhance their marketability.  Prices have held between 4 to 6% from the listing price over the recent months. Here is a chart of the ACTIVE Single Family Elgin IL homes by price range with the market times posted as 'average days on the market.' There currently are 824 single family homes available for sale with an average market time of 271 days.  The average list price is $256,260 and the highest listing price is $1,250,000.  The largest and best selection of Elgin IL homes occurs in the $75,000 to $200,000 price range. The lowest price is $32,500 (is that just the lot?) which would be considered a 'value price' at any time ...
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By Randy Schulenburg, Schulenburg Realty, Inc.
(Schulenburg Realty, Inc.)
Here is a message from my good friend, Bruce Strom, Executive Director of Administer Justice, your community justice center (www.AdministerJustice.org). We've just received an exciting donation opportunity from iGive -- a website that donates money to Administer Justice every time you use it to shop or search online! They've created a 24-hour sign-up challenge, and will give us one dollar for each one of our friends and supporters who registers with them during the promotion time (before noon Thursday 1/21). If you're willing to sign up (many of us on the staff have been using iGive for a while now, and find it to be a safe and reputable donation partner), you MUST do so by using the link below.  Otherwise, we won't get the dollar contribution. CLICK HERE TO DONATE A DOLLAR TO US JUST F...
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