Elk Grove Village, IL Real Estate News

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 Elk Grove Village, 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 $49,999 7 242 $50,000 - $99,999 34 276 $100,000 - $149,999 54 314 $150,000 - $199,999 56 237 $200,000 - $249,999 48 231 $250,000 - $299,999 50 258 $300,000 - $349,999 24 165 $350,000 - $399,999 10 185 $400,000 - $449,999 5 301 $450,000 - $499,999 3 314 $500,000 - $549,999 1 749 $550,000 - $599,999 2 115    ...
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By Lyn Sims, Real Estate Agent Retired
Stop right there and start looking for your new home here!Elk Grove IL townhome and condo foreclosures are 'better priced values' and are being scooped up the fastest.  Thinking that now is the time to make a move?  Interest rates are now the lowest they've ever been.  I know you're saying to yourself 'but you guys told us that last year?'  Well, the interest rates were low then and now they are even LOWER.  Just a few months ago we were quoting an interest rate of 5.125% and now we can say the rate is now at 4.125% which is a full percent less!  What does that mean to you and your wallet?  About a $120 a month savings.  That's your cable bill, maybe gas for the month and just one ticket (sorry) to a Bears Game!There are many great Elk Grove Village values to be had on the market right ...
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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 Elk Grove Village, 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 $49,999 6 370 $50,000 - $99,999 40 307 $100,000 - $149,999 51 297 $150,000 - $199,999 57 213 $200,000 - $249,999 64 201 $250,000 - $299,999 42 236 $300,000 - $349,999 23 211 $350,000 - $399,999 15 123 $400,000 - $449,999 4 325 $450,000 - $499,999 3 257 $500,000 - $549,999 1 692 $550,000 - $599,999 3 295    Ac...
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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  Elk Grove Village, 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 $49,999 7 319 $50,000 - $99,999 42 304 $100,000 - $149,999 46 291 $150,000 - $199,999 60 220 $200,000 - $249,999 54 232 $250,000 - $299,999 54 236 $300,000 - $349,999 27 174 $350,000 - $399,999 18 132 $400,000 - $449,999 3 394 $450,000 - $499,999 3 169 $500,000 - $549,999 3 287 $550,000 - $599,999 2 407    A...
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By Lyn Sims, Real Estate Agent Retired
Originally settled by New England farmers in 1834 and later by German immigrants in 1848, Elk Grove Village flourished along with the crops in its fields. Named for the herds of elk that called the local woodlands home, Elk Grove continued to grow to include commercial enterprises - such as general stores, smithies, creameries and churning houses. In 1868, the first school (Biesterfield School) was built; the building still stands and is used as a private residence.Elk Grove Village, covering 10 square miles northwest of Chicago in Cook and DuPage Counties, is indeed a great place to live, work and own a business. Due to its high-quality park and recreation programs, low crime rate, good schools, diversity of housing, sense of community, and prime location, Elk Grove was named one of th...
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Elk Grove Village townhome foreclosures and 'better priced values' are being scooped up the fastest.  Short sales?  Well, they fell terribly 'short' for our area.  From working with my own buyers, short sales offer too many hassles and not enough price rewards for dealing with the banks as a seller.  Dealing with a bank = headaches and massive quantities of Tylenol.There are many great values to be had on the market right now.  The average list price in Elk Grove Village is $145,475 and there are many homes available in the most popular price range of $100,000 to $200,000.  The lowest price for sale right now is $41,200 and the highest is $310,000. Variety, styles and selections in each price range.Looking to buy a Elk Grove Village Townhome and want to work with a buyers agent that's f...
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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 Elk Grove Village, 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 $49,999 6 346 $50,000 - $99,999 42 281 $100,000 - $149,999 42 322 $150,000 - $199,999 62 216 $200,000 - $249,999 49 295 $250,000 - $299,999 44 272 $300,000 - $349,999 30 153 $350,000 - $399,999 18 145 $400,000 - $449,999 2 684 $450,000 - $499,999 2 209 $500,000 - $549,999 2 390 $550,000 - $599,999 2 375    A...
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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 Elk Grove Village, 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 $49,999 5 422 $50,000 - $99,999 46 273 $100,000 - $149,999 40 330 $150,000 - $199,999 61 233 $200,000 - $249,999 47 277 $250,000 - $299,999 42 270 $300,000 - $349,999 28 149 $350,000 - $399,999 13 139 $400,000 - $449,999 4 530 $450,000 - $499,999 1 384 $500,000 - $549,999 2 361 $550,000 - $599,999 2 34 $600,...
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By Lyn Sims, Real Estate Agent Retired
Chefs prefer the $38,000 stove? The Chicago Tribune did an article in the magazine section that talked about the preferences/craves that chefs have for their kitchens.  Jared Wentworth, master chef, said he wanted a La Cornue Chateau Series Oven which I had never heard of before. The company is located outside Paris France and has been making stoves since 1908 and has a distributor here in California. I decided to Google it and here's the non-budget conscious results:A few different models but the ovens start at $38,000 and go down to $17,500 for the penny pinching model.Shouldn't a $38,000 stove come with a horn & windshield wipers?  How many miles per gallon on that thing?                            
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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 Elk Grove Village, 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 90 312 $150,000 - $199,999 50 296 $200,000 - $249,999 52 277 $250,000 - $299,999 38 315 $300,000 - $349,999 24 229 $350,000 - $399,999 6 363 $400,000 - $449,999 3 559 $450,000 - $499,999 2 306 $500,000 - $549,999 3 248 $600,000 - $699,999 1 603    Active Listings Summary # Units Avg. MT Median List ...
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Elk Grove Village IL Homes - Elk Grove IL Real Estate Market Update 2010 How to describe this market for Elk Grove IL Homes?  Unfortunately, up ... down ... all around!Over the final quarter of 2010, inventory for Elk Grove IL Homes was very steady at  11.7 months then down to 10.4 then ending up at 13.1 months.  Where did a large portion of these homes go?  I think that sellers have taken their homes off the market and decided not to move or the sellers have become 'reluctant' landlords in order to continue with their future plans.  The problem is not solved, only postponed to a future date when the lease expires.  There is also another reason that's a little more tragic.  Pre-foreclosures are waiting for the legal process to take place, the property seized, cleaned up and then put on ...
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By Lyn Sims, Real Estate Agent Retired
East Hamptons - Elk Grove ILThe East Hamptons were built in 1987/1988 by Centex Homes offers private entrance townhomes with a 1 car garage.   Surrounded by the Fox Run Golf Links offering wonderful green areas and water views. Plenty of open area with Fox Run Golf Course and the Schaumburg's Spring Valley Nature Sanctuary to the north. Driving Range just off Meacham Road for the golf enthusiast.  The East Hamptons are located in the Schaumburg School Districts 54 & 211. Close to Woodfield and all major expressway access not to mention all the great shopping in the area. Commuters going to Chicago usually use the Medinah or Roselle Stations (Milwaukee West) located to the south.There is a ranch style townhome available (Edgecomb, Georgetown) which is popular for those who cannot do stai...
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By Lyn Sims, Real Estate Agent Retired
Huntington Chase - Elk Grove Village ILHuntington Chase in Elk Grove Village IL built by Lexington Builders in 1995/1996 offers 2 versions of maintenance free homes.  Carriage Homes with units on the 1st or 2nd floors entirely or traditional 2-story townhomes.  All styles at Huntington Chase have a private entrance and either a 1 or 2 car garage.  Huntington Chase offers 2 wetlands areas, park area, playground, and baseball field.  Map on the right will take you there. Commuters love Huntington Chase with it's easy access to 355 North or South and it's close proximity to Alexian Brothers Hospital. Woodfield is just minutes away for all the shopping you could hope for.  Huntington Chase residents can go to the Metra Station (Milwaukee West Line) at either the Medinah or Itasca stations w...
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By Lyn Sims, Real Estate Agent Retired
Hamptons  - Elk Grove ILThe Hamptons were built in 1983/1984 by Centex Homes offers private entrance townhomes with a 1 car garage.   Surrounded by the Fox Run Golf Links offering wonderful green areas & water views.  The Hamptons are located in the Schaumburg School Districts 54 & 211.  Plenty of open area with Fox Run Golf Course and the Schaumburg's Spring Valley Nature Sanctuary to the north. Driving Range just off Meacham Road for the golf enthusiast.  Google map on right will take you right there. Close to Woodfield and all major expressway access not to mention all the great shopping in the area.  Commuters going to Chicago usually use the Medinah or Roselle Stations (Milwaukee West) located to the south.There is a ranch style townhome available which is popular for those allergi...
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By Lyn Sims, Real Estate Agent Retired
Fox Run - Elk Grove ILFox Run Manor Homes/Coach Homes were built in 1986 by Centex Homes offering a great location surrounded on the north by the Schaumburg Spring Valley Nature Sanctuary and the Fox Run Golf Course to the east.  Google map on the right will take you there. (updated 3/22/17)Fox Run although located in Elk Grove is in the Schaumburg School Districts 54 & 211.  Close to Woodfield and all major expressway access not to mention all the great shopping in the area.  Commuters going to Chicago usually use the Medinah or Roselle Stations (Milwaukee West) located to the south.There are 8 different models available in Fox Run and either are on the 1st or 2nd floors. Some features that are included can be: fireplaces, walk-in closets, split bedroom setups, greatrooms, tray (coffer...
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By Lyn Sims, Real Estate Agent Retired
Recycle your Refrigerator and make money too!It's a new year, so recycle that second, old refrigerator and receive $50!   It could also help you save up to $150 a year in electricity. Make your appointment today.You can also call 1-888-806-2273 between 7am-8pm M-F and 9am-5pm Saturday.   (It's easier to just schedule online - that's what I've done & it's more convenient)Let ComEd recycle your old, working fridge in an environmentally responsible way.  They will haul away that old energy hog for FREE and give you $50.  They'll take working freezer and room air conditioners too. Old fridges and freezers can consume as much as five times more energy than newer models.  Let ComEd pick up these old, working appliances and you can begin reducing your energy use and lowering your electricity b...
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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 Elk Grove Village, 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 $149,999 102 264 $150,000 - $199,999 44 302 $200,000 - $249,999 55 255 $250,000 - $299,999 37 311 $300,000 - $349,999 24 242 $350,000 - $399,999 6 298 $400,000 - $449,999 4 401 $450,000 - $499,999 2 281 $500,000 - $549,999 3 223 $600,000 - $699,999 1 578    Active Listings Summary # Units Avg. MT Median List...
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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 Elk Grove Village, 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 97 291 $150,000 - $199,999 44 279 $200,000 - $249,999 56 256 $250,000 - $299,999 36 312 $300,000 - $349,999 28 215 $350,000 - $399,999 5 242 $400,000 - $449,999 4 477 $450,000 - $499,999 2 270 $500,000 - $549,999 3 212 $600,000 - $699,999 1 567    Active Listings Summary # Units Avg. MT Median List ...
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These are the highest home sale prices for 2010 in the Northwest Suburban Communities of Chicago.   Bartlett                   $575,0004BR 2story, 4.5BA's, 2 fireplaces, 3 car garage with 4614 square feet built in 1994. Woods of Bartlett Community.   Barrington             $6,400,0005BR's, 5.3BA's, 7 fireplaces, 4 car garage with 20,000 square feet built in 1999.  22 acre site in Woodhaven Community of Barrington Hills.     Bloomingdale          $865,0004BR 2story, 5BA's, 5 fireplaces, 3 car garage with 6232 square feet built in 2005.  Medinah Lakes Estates Community.     Elk Grove Village     $640,0004BR 2story, 3.5BA's with 3337 square feet built in 2010.  Castletown Community.     Hanover Park          $285,0004BR 2story 2.5BA's with 2878 square feet built in 1992.  Custom area.     ...
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By Lyn Sims, Real Estate Agent Retired
Criteria to Obtain the Best Interest Rate No doubt you're aware that mortgage rates have been low throughout the year. You've also probably heard that this fall has seen interest rates dip to record lows for the modern era. But you may have also heard that some buyers or refinancing homeowners are having difficulty obtaining loans at the lowest advertised rates. The loan application process is much more rigorous than in years past and the processing time for loan applications has grown. How can you know whether or not you realistically qualify for the great rates being advertised? Remember that lenders are all about assessing risk - they are looking for applicants with a very low risk of defaulting on their loan. There are five key factors that a mortgage broker will look at when determ...
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