Elk Grove Village, IL Real Estate News

By Lyn Sims, Real Estate Agent Retired
RE/MAX SuburbanLyn Sims Office: 847-230-7324Toll-Free: 800-637-9345Office: 847-985-7050Website: http://www.lynsims.net/IL7539826E-mail: lynsimsremax@yahoo.com ELK GROVE VILLAGE, IL 60007 MLS#: 07539826 Price: $175,000 House Type: 1 Story Bedrooms: 3 Full Bathrooms: 1 Half Bathrooms: 1 CORPORATE OWNED & SOLD IN CURRENT AS-IS CONDITION. NO REPAIRS/INSPECTIONS PROVIDED BY SELLER.PROOF OF FUNDS/PRE-APPROVAL LETTER MUST ACCOMPANY OFFERS.SELLER WILL NOT PROVIDE A SURVEY.SPECIAL AS-IS ADDENDUM WILL FOLLOW ACCEPTED OFFER.This is a FNMA HomePath property. Purchase for as for as little as 3% down. This prop. approved for HomePath Renovation & HomePath Mortgage Financing. General Features Apx. Year Built U Information Foreclosure Number of Rooms 5 Taxes 3111.85 Tax Year 2008 County Cook Building ...
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By Lyn Sims, Real Estate Agent Retired
Garage Sale and Flea Market WHEN: Saturday, May 22, 20108 AM to 2 PM WHERE: Elk Grove High School500 W. Elk Grove Blvd.Elk Grove, IL  60007Join the Chicagoland Dog Rescue (CDR) at its Garage Sale and Flea Market for some great bargain buys. Or, if you'd like to help out, you can donate goods or volunteer by calling (847) 259-6458 or emailing info@chicagolanddogrescue.org. Download flyer here. For more information visit: www.chicagolanddogrescue.org
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By Lyn Sims, Real Estate Agent Retired
Lyn Sims | RE/MAX Suburban | 847-230-7324 428 Concord Lane, Elk Grove, IL UPDATED ~ FIREPLACE ~ VAULTED BR'S ~ VAULTED LIVINGROOM WITH SKYLITES 3BR/2BA Single Family House offered at $299,900 Year Built 1984 Sq Footage 1,674 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 2 Parking 2 Car garage Lot Size 7,011 sqft HOA/Maint $0 per month DESCRIPTION CUTE COVERED PORCH IN THIS 2STORY UPDATED INSIDE & OUT! LAMINATE FLOORS, MARBLE FLOORS, MARBLE FIREPLACE, VAULTED LIVINGROOM, SKYLITES, WHIRLPOOL. NEWER ROOF, HIGH E VINYL WINDOWS, DECK, PAVER PATIO. 1ST FLOOR BR OR DEN. SPACIOUS KITCHEN OFFERS LARGE EATING AREA & ISLAND. COME CHECK IT OUT! see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - High/Vaulted ceiling - Dining room - Dishwasher - Refrigerator - S...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
1224 Dover Lane, Elk Grove Village, IL 60007 3 Bedrooms/ 1.1 Bathrooms MLS# 07492618  Nice home and wonderful neighborhood. Convenient to library, pavillion, down town Elk Grove. Walk to great school, shops, theaters. Wood laminate flooring throughout majority of house (lr, dr, hall, kit, 1 br). Well cared for home waiting for you. Can close quickly; NOT a short sale. Just move right in! Click on the link below for more details and pictures: http://www.realestate4uonline.com/s=active RE/MAX Territory 847-956-2800
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By Heidi Engel, BROKER/Realtor, ADPR, SRES, FSSR
(RE/MAX Suburban)
 Elk Grove Village IL 60007 Detached Housing Real Estate Statistics as of March 22 2010 Elk Grove IL Detached Housing Real Estate Statistics as of March 22 2010 What's Been Happening in the Elk Grove Real Estate Market--See Below *LMT=Listing Market Time (How long the property has been on the market at its current price) **MT=Market Time (Total Market time) Active Detached Housing:   Total Properties: 147   List Price Approx SF Beds Baths LMT MT Minimum $159,900 896 2 1 3 4 Maximum $649,900 3485 6 4 538 876 Average $310,982 1795 3 2 128 231           Under Contract Detached Housing:   Total Properties: 31   List Price Approx SF Beds Baths LMT MT Minimum $161,900 1100 3 1.1 10 10 Maximum $669,900 3257 5 3.1 566 1241 Average $268,532 1682 3 2 189 319     Last 3 months of Sold and Closed D...
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By Heidi Engel, BROKER/Realtor, ADPR, SRES, FSSR
(RE/MAX Suburban)
 Elk Grove Village IL 60007 Attached Housing Real Estate Statistics as of March 21 2010 Elk Grove IL Attached Housing Real Estate Statistics as of March 21 2010 What's Been Happening in the Elk Grove Real Estate Market--See Below *LMT=Listing Market Time (How long the property has been on the market at its current price) **MT=Market Time (Total Market time) Active Attached Housing:   Total Properties: 161   List Price Approx SF Beds Baths LMT MT Minimum $38,900 0 1 1 2 2 Maximum $339,000 2500 3 3 747 1279 Average $173,643 947 2 2 169 251     Under Contract Attached Housing:   Total Properties: 42   List Price Approx SF Beds Baths LMT MT Minimum $67,990 0 1 1 9 9 Maximum $269,000 1519 3 2.1 805 805 Average $138,496 766 2 2 167 251           Last 3 months of Sold and Closed Attached Housi...
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YUMMMMM .......  Fundraiser at Lou Malnati's March 31st The Almost Home Foundation ARF team has cooked up a delicious fundraiser at Lou Malnati's on March 31, 2010!   Just print out the attached flyer and have dinner at Lou's and a portion of the sale will benefit AHF animals.  Dine-in, carryout or delivery at Lou's in Elk Grove Village, Schaumburg or Bloomingdale...as long as you mention the flyer when placing the order and present the flyer when paying, AHF animals benefit.  Please make copies of the flyer & pass them on to your family and friends.   Enjoy dinner out on March 31, 2010 and help the animals at the same time. Take me to their website to see all the cats & dogs available!   Almost Home Foundation Fund Raiser 3/31/2010
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RE/MAX is more effective than the next competing real estate company in Elk Grove Village 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! Elk Grove IL Market Share 2009
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By Lyn Sims, Real Estate Agent Retired
Foreclosure and your lease Ok, so now you're in trouble and you've found out that you've been scammed or been told a lie by your landlord.  You have a lease but didn't know the owner of your place is now in foreclosure.  What do you do?  ORYou've signed a lease with a landlord and have found out they haven't been making a mortgage payment for 6 months - what do you do?ORYou've signed a lease, moved in and found out that the person you thought was your landlord doesn't even own the building!  This just happened this week in Chicago!  What do you do?  ORYou've put up a substantial security deposit due to your less than enthusiastic credit rating and have found out the landlord always was in foreclosure and is not making mortgage payments!  He's ran off with your deposit, your rent checks ...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Elk Grove Village Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Elk Grove Village real estate statistics for the last 12 months as of February 12, 2010.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Elk Grove Village, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
720 Wellington Ave., Elk Grove Village, IL 60007 1 Bedroom/ 1 Bathroom       MLS# 07430431                Move in condition & then some. New carpeting, window treatments & freshly painted throughout. You can move right in. Kitchen completely new w/ Shenadoah cabinets, new counter top, sink & all new appls. Bath updated w/ new vanity & lighting. Excellent storage & closet space. Walk to local shops, rec center, library + min to Woodfield & major expwys. Assoc fee covers heat, AC, water & more. Click on the link below for more details and pictures: http://www.realestate4uonline.com/s=active RE/MAX Territory 847-956-2800
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Elk Grove Village Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Elk Grove Village real estate statistics for the last 12 months as of January 22, 2010.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Elk Grove Village, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent....
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Elk Grove Village Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Elk Grove Village real estate statistics for the last 12 months as of January 15, 2010.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Elk Grove Village, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent....
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By Lyn Sims, Real Estate Agent Retired
Elk Grove Village Illinois Median Home Prices The graph displayed below is the median home prices in Elk Grove Village from June 2007 to December 2009.  The median price is the point at which half of all homes are sold for more and half are sold for less.   It gives you an idea of what prices properties are selling for in the community.  When the median price is on the lower end, more reasonably priced homes are selling vs. the higher end homes.  In the current market since January 2009, you can see that the median priced home was $228,000 and then rebounded for June 2009 with a price of $282,000. This is also following the trend that I have personally seen with first time home buyers moving along the market.  Foreclosures are traditionally priced below market and are also adjusting the...
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By Lyn Sims, Real Estate Agent Retired
Home Steps Smart Sell Program Looking to purchase a foreclosure or REO property?  Here is a short explanation of how Fannie Mae foreclosures are handled.Home Steps is the real estate unit of Fannie Mae and handles all their foreclosed homes. Home Steps markets a nationwide selection of Fannie owned properties.  Home Steps works strictly thru Realtors® and are available in the local MLS system of your area.Items required on every offer: Sales contract Pre-approval Letter from Lender Proof of funds for cash sales Earnest Money Check (possible certified) Home Steps will not agree to the following: Offer contingent on sale of buyers current home Buyers to occupy or store items at the home prior to closing Buyer allowed to access home to perform repairs prior to closing Buyers to receive cre...
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By Lyn Sims, Real Estate Agent Retired
Appeal data for Elk Grove Township is due Nov. 18th, 2009. Please make sure all your data is submitted in a timely manner.  October 2, 2009 – Cook County Assessor Jim Houlihan announced today that residential property owners in Elk Grove Township were mailed notices reflecting a reduction in the assessed values of their properties. The impact of these reductions will be seen in second-installment tax bills payable in the fall of 2010."The situation we are facing in the real estate market is extraordinary, and the downturn has had an impact on home values," Houlihan explained. "After analysis of market sales and foreclosure data, we determined that Elk Grove Township homeowners should not have to wait until their properties are reassessed next in 2011 for the downturn to be reflected in ...
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The 3 Things about Location ~ What’s the most asked question that I receive from people about real estate?  What’s the #1 tip that I could pass along? Well there’s actually 3 things that are enmeshed together – location, price and condition.  All 3 actually make your home either sell or be rejected by prospective buyers.So a real estate mantra in case you don't know it is: Location, location, location! There's that 3 again but there is a reason that it is used over and over.  Nobody listens!The location of your home makes a 'price' difference to buyers from the town that it's in, the street that it's on and the school district the kids will be attending.Obviously different towns have different socio-economic benefits for living there.  Maybe you need the train to go to work?  Maybe you'...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
  Elk Grove Village Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Elk Grove Village real estate statistics for the last 12 months as of November 6, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Elk Grove Village, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent...
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By Lyn Sims, Real Estate Agent Retired
Light at the end of the tunnel?  I hope so.  Here is some positive information and numbers from the 'egg heads' that crunch numbers for Illinois. Illinois Home Sales Show First Increase in Over Three Years Statewide Illinois home sales increased year-over-year in the month of September for the first time since March 2006 with first-time buyers driving the rebound in sales. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in September 2009 reached 10,350 homes sold, up 3.3 percent from September 2008 sales of 10,018. The Illinois median price in September 2009 was $160,000 down 9.3 percent from $176,450 in September 2008. The median is a typical market price where half the homes sold for more, half...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Elk Grove Village Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Elk Grove Village real estate statistics for the last 12 months as of October 23, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Elk Grove Village, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent....
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