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Elgin, IL Real Estate News

By Randy Schulenburg, Schulenburg Realty, Inc.
(Schulenburg Realty, Inc.)
Westminster Christian School (www.WestminsterChristian.org) One of the best choices in private education in Kane County is located in Elgin, IL.  I am priviledged to serve on the Board of Westminster Christian School and am excited to make you aware of this excellent choice in education. Wesminster houses programs from pre-school through high school.  The current student/teacher ratio is less than 1:20 with a commitment that includes a maximum limit of eighteen students in a kindergarten class, and twenty-five students in other classes. The school was founded in 1978 and is located on 22 acres at the western edge of Elgin, just past Randall Road.  A new high school wing was completed in 1999, and a facility to house junior high classroom space and a multi-functional gymnasium was comple...
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
Edgewater by Del Webb opened in 2005 and has proven to be one of the most popular active adult communities in its area. Located in Elgin, IL this 55+ community is ideally situated to everyday conveniences yet surrounded by scenic views and beautiful landscaping. Just down the street is the Randall Road corridor featuring restaurants, entertainment and all of the sought-after big name retailers. Del Webb’s Edgewater is a smaller, more intimate sized 55+ community of just over 1,000 homes set on 440 acres. From the moment you drive through the community gatehouse you’ll be greeted by beautiful ponds, water fountain and lush landscaping. As you meander down Del Webb Boulevard you’ll come to the Creekside Lodge, a 23,000 square foot clubhouse home to all the amenities you’d expect to find i...
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
The Regency at Bowes Creek Country Club is an exquisite enclave of 351 active adult homes in the Bowes Creek community on the west side of Elgin. The active adult portion of the community is gated, has its own clubhouse and is reserved for people 55+. The active adult offerings include both townhomes and single family homes. The townhomes are over 50% sold out! There are three attached ranch townhome floor plans to choose from and pricing starts from the mid $230’s. Most offer an optional second floor. Single family homes start from the mid $240’s. There is a fantastic selection of 9 floor plans to choose from sized from 1,690 to 2,590 square feet. Most are ranch style, most popular among at an active adult community, however there are a few two-story designs as well. The lifestyle at B...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
RE/MAX is twice as effective than the next competing real estate company in Elgin for 2009! That's alot of real estate! Looking to get your home sold in this tougher market?  I'd love the get the job done! Looking to buy a home and want someone experienced to help you avert the potential potholes? Give me a call or email me so we can get started today! Elgin IL Market Share 2009
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By Jennifer Kinzle, Top Rated Kane County Agent!
(Charles Rutenberg Realty of Illinois)
Our Real Estate Team for Elgin Fox Valley just signed up to use a new WikiMetro.  This is a website that  that is city specific that posts local information straight from Twitter.  This means you don't have to search through Twitter to find great local posts.  Sign up is free and you can even sign up to advertise your blog on other people's blogs!  Enjoy the site and happy house hunting! Jennifer Kinzle, E-Pro RealtorElgin Fox ValleyKeller Williams Fox Valleywww.ElginFoxValley.com  
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
This is the 'Months Supply of Inventory' for Elgin IL Single Family Homes for 2009 This number is also called the 'Conversion Rate' or the 'Absorption Rate' which is how long and how much inventory is on the market in that particular town. Obviously, the higher the rate, the longer the market time for homes in that community. Does your agent know the 'Absorption Rate' and will they share that information with you? It shouldn't be kept a secret because it plays a pivotal role in how your home should be marketed. So we obviously have different levels of 'Absorption' in the market and I've tried a humorous visual demonstration for you. Q tip Rate - nothing much getting sold.Toilet Paper Rate - I think a few Buyers are out there but they are just sitting there and spinning their roll.Empty ...
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By Randy Schulenburg, Schulenburg Realty, Inc.
(Schulenburg Realty, Inc.)
Attention Homeowners: If your home is not currently listed and you hope to get your home sold this Spring, NOW is the time to put your home on the market.  Traditionally in our area homesellers have waited until AFTER the Superbowl to list for the Spring market.  But this year is different. Why? 1. Homebuyers have a great incentive to LOOK EARLY this year. Perhaps you've heard of the $8,000 tax credit for 1st time homebuyers.  This credit expires at midnight on April 30, 2010.  For any 1st time homebuyer who has NOT Contracted to buy a home by this date, THEIR TIME IS UP! 2. Homesellers have a great incentive to LIST EARLY this year. Perhaps you've heard of the $6,500 tax credit incentive for long-time Homeowners.  This credit also expires at midnight on April 30, 2010.  This means that...
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By Randy Schulenburg, Schulenburg Realty, Inc.
(Schulenburg Realty, Inc.)
Westminster Christian School (www.WestminsterChristian.org) One of the best choices in private education in Kane County is located in Elgin, IL.  I am priviledged to serve on the Board of Westminster Christian School and am excited to make you aware of this excellent choice in education. Wesminster houses programs from pre-school through high school.  The current student/teacher ratio is less than 1:20 with a commitment that includes a maximum limit of eighteen students in a kindergarten class, and twenty-five students in other classes. The school was founded in 1978 and is located on 22 acres at the western edge of Elgin, just past Randall Road.  A new high school wing was completed in 1999, and a facility to house junior high classroom space and a multi-functional gymnasium was comple...
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By Randy Schulenburg, Schulenburg Realty, Inc.
(Schulenburg Realty, Inc.)
Help Spread the Word . . . Administer Justice NEEDS Your Vote.  This won't cost you a dime but will play a big role in helping the underserved in our community. Vote For Us! You can also help by voting for us with Chase Bank who is giving away money to charities which receive significant votes.  Click on the button below and e-mail your friends and encourage them to give the gift of justice this year! Here is the Chase Voting link: You must be a Facebook user to Vote. "People need to understand that help is just a phone call away."  Patricia, client.Every year thousands of individuals find themselves in need of help. Whether because of age, disability, language or economic status they are unable to access justice for basic human needs.  For many, Administer Justice's FREE professional h...
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By Vicki Watzlawick, Illinois Foreclosure Expert, The Watz Team
(CORE Realty (The Watz Team) )
1480 Foxmoor Ln Elgin, IL Click For Listing Website Click For Interactive e-Tour Huge fenced corner lot! 4 Bedrooms plus den and rec room. Available December 1st. Also for sale see MLS listing 07118733. MLS# 07374690 $2,500 4 Bed, 2.5 Bath 1480 Foxmoor LnElgin IL, 60123 Victoria Watzlawick (Chicagoland) EXIT PLATINUM REALTY 8478543800 info@exitplatinumrealty.com
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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 the Elgin Area.  Sellers are competing to make their home standout and enhance their marketability.  Prices have held between 4 to 5% from the listing price over the last few months.  Here is the chart of ACTIVE Single Family Prices for Elgin homes with the MARKET TIMES posted as 'average days on the market.' There currently are 819 single family homes available for sale with an average market time of 279 days.   The average list price is $276,736 and the highest listing price is $1,399,900.  The largest selection of homes occurs under $200,000 price range with 342 available. The lowest price is just $29,000 which would be considered a 'value price' at any time of the year.  I always like to call...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Elgin Historic House Tour 2009 Recap for those that missed it or give you a little preview of what the Gifford Park Association is accomplishing every year.All the 8 selected homes were really well maintained and offered so many great features that we've come to love in older homes.  The most unusual home of this years tour was the Romanesque Revival built in 1887 at 364 Division St.  It duals now as a funeral parlor (a little unusual to say the least) now in Elgin and renovations on both the inside and outside are taking place.  The porte-cochere has just been restored and it gives the front of the home some of it's former grandure.The 'Best Front Porch' Award goes to this home on Prairie which is a Queen Anne built in 1896.  A absolutely wonderful example of this classic porch.Here's ...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Elgin Illinois - Best Old House Neighborhood in 2009I'm proud to announce that Elgin came in as a winner in the Midwest with Old House Magazine.   Maintaining Elgin's Character thru Historical DistrictsOne of the methods that was determined to be effective in controlling this wearing away of downtown and its surrounding neighborhoods was to enable the City to identify and protect architecturally significant properties and neighborhoods through the creation of a local landmark ordinance which enabled individual structures to be designated as landmarks, and groups of structures to be designated as historic districts.Some of the city's most handsome Queen Anne, Tudor, and Gothic Revival homes are found in the various historic neighborhoods.  The City of Elgin has also been offering grants ...
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By Lyn Sims, Real Estate Broker Retired
Annual Elgin Historic House Tour The Gifford Park Association in Elgin, Illinois will be hosting its 28th Annual Historic Elgin House Tour on Saturday September 12, 2009. The Gifford Park Association (GPA) is a non-profit neighborhood organization committed to Historic Preservation and Neighborhood Revitalization. THERE IS ONLY ONE SCHEDULED DAY THIS YEAR! Each year, the House Tour features a different historic neighborhood of Elgin. This year is unique in that the Tour includes homes from three (3) adjacent historic neighborhoods. Eight (8) homes will be open for the Tour, four (4) of which are in Elgin's oldest residential neighborhood. Designated as a local Historic District in 1981 and registered on The National Register of Historic Landmarks in 1983, this is the home of the Gifford...
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By Lyn Sims, Real Estate Broker Retired
Elgin Illinois - Love old homes and architecture?  This is the place for you!Incorporated in 1854, Elgin Illinois is a city with a fascinating past, an engaging present and an exciting future. Home to nearly 106,000 residents, Elgin is a warm and friendly community that embraces newcomers and long-time residents alike.Boundary MapElgin HistoryHistoric Preservation in Elgin has been making advances for over twenty-five years. Efforts were begun in the early 1980s as a grassroots movement by residents of an east side neighborhood known as the Gifford Park Neighborhood. It was generally recognized that the effects of urban renewal of the 1960s had caused the erosion of downtown Elgin which was slowly making its way into the neighborhoods that surrounded it.One of the methods that was deter...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Market Update by Price Range - April, May, June 2009 Diligently trying to keep both buyers and sellers informed on the local Elgin Illinois 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! 75% over the last quarter!Is it the $8000 Tax Credit?  Is it the lower interest rates?  Or maybe just great values in the area?  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 be telling you that there are a lot of other buyers also in your price range all looking for that 'deal!'   How can this information help you ...
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By Jane Kosheleva
(Markett)
Come see for yourself--this 2-bedroom home is bigger than it looks from the outside!  The full finished basement features a wet bar and large family room for entertaining, and a workshop/office space for hobbies.  The living room is newly carpeted and painted in neutral colors.  There's an eat-in kitchen in with easy-care laminate floor, updated main floor bathroom, second bath with custom tiled walk-in shower, plus central air conditioning,  and lots of natural light!  You'll love summer dining in the 3-season room, the mature landscaping, and the generous yard.  Perfectly located in Wing Park Manor, this home is close to Wing Park, I-90, Metra Train Station, restaurants, shopping, and more!! To directly access this property, use this shortcut: http://www.fizber.com/illinois-buy-single...
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By Tom Rasmussen
(RE/MAX Action)
There is currently 20 homes for sale in the Edgewater Community.  They vary in price from $252,900 - $519,900.  Edgewater is a community designed for the active adult offering a full complement of activities.  Some of these include the indoor & outdoor pools, fitness center, pool tables, crafts room, etc...  There is almost always something going on at the activity center. To see the homes available Click Here. For more information about Edgewater contact me @ 630-430-4271
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By Vicki Watzlawick, Illinois Foreclosure Expert, The Watz Team
(CORE Realty (The Watz Team) )
Photo GalleryDescriptionIt's time to Make The Donuts! RollNDonuts Donut/Coffee Shop w/ drive thru window w/ an outstanding reputation for 40 years. Wedding cakes, & Cookies too! Complete operating and turn key. All equipment and Inventory included. Owner retiring but will stay on to teach business secrets for a month. Real Estate not included but can purchased or rented for a long term.Double profits by staying open w/ ice cream machines or sandwich shop, pizzas, etc.FeaturesTotal Square Footage: 1500Property Type: RestaurantBroker Name: Exit Platinum RealtyFloors in Bldg: 1Parking: 33 spotsLocationElgin IL Powered by vFlyer.comvFlyer Id: 2474801
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By Jennifer Kinzle, Top Rated Kane County Agent!
(Charles Rutenberg Realty of Illinois)
Looking for ideas/feedback!  I love the short form some realtors can use to present offers to banks for short sales/REO's/foreclosures.  I also love seeing the real time, online bid statistics for HUD properties in Illinois.  Now, what about combining the two elements in such a way as to reduce steps, eliminate forms and streamline the buying process?  Would it be so bad to have "open door pricing" on a property?  Could this force listing agents to be honest about # of offers currently in?  How about knowing the price you need to come up to to get a home or at least the minimum others are bidding?  It may not work for every house, but in certain markets, why not?  Younger buyers are aggravated by the wait and see, old school 3rd party negotiations, but an online bid statistics feature w...
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