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Vernon Hills, IL Real Estate News

Are you considering moving to the Vernon Hills area?  Vernon Hills, Illinois currently has great real estate for sale and  like most cities today,it is definitely a buyer's market.   Allow me to give you an overview of  Vernon Hills and  the top 10 questions my real estate clients ask when they are relocating to the Vernon Hills area.  Vernon Hills Real Estate question 1.....Where is Vernon Hills located as it relates to Chicago? Vernon Hills, Illinois is located in Lake County about 30 Miles Northwest of Chicago.  If you are driving on the toll way from Chicago to Vernon Hills, you would exit off of Route 60 and head west. Vernon Hills is approximately 45 minutes without any traffic to Chicago's downtown and with traffic, your guess is a good as mine. Vernon Hills Real Estate question ...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Vernon Hills Realtor- Which one is right for you? •1.     Choose a Vernon Hills  Realtor that best suits your personality!  By sitting down face to face with a Vernon Hills prospective agent, you can really gauge how well the dynamic between the two of you works. It is incredibly important to choose a Vernon Hills realtor who makes you feel extremely comfortable since you will be spending many of the next waking hours with this person.   To learn more about me we can either meet for coffee- I like Dunkin Donuts coffee better than Starbucks, but I never refuse a good latte, we can chat over the phone, or you can read a few of my blog posts at www.judygreenberg.com.   I think I'm funny,compassionate, very honest, and someone I hope you will enjoy to be with.  If you want to sell your Ver...
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By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
Vernon Hills Recently Sold Homes Vernon Hills Homes For Sale Vernon Hills Homes For Sale In Vernon Hills, there are 120 single family homes for sale with an average list price of $520,471. There are 23 single family homes under contract with an average list price of $440,035. Specific details on single family homes for sale and sold in Vernon Hills, can be found on my website at www.StarHomeFinders.com. Search for foreclosures, single family homes, townhomes and condominiums, multi-family units, vacant land, commercial properties and rentals. Thinking of selling your home, Click Here to Find Your Home's Value. Looking for a home? Click Here to Sign up for My Property Finder. Benefits of Registration: View ALL MLS properties listed for sale. Save your searches — as many as you would like...
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By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
For more information or to schedule a showing, please call Jim Starwalt, Broker Associate REMAX Center, at 224-627-7581. Virtual tour at www.StarHomeFinders.com Search from thousands of homes for sale in the Northern Illinois area at www.StarHomeFinders.com Registering is quick and easy! Search by your specific home criteria. Sign up to receive daily emails of newly listed homes or price changes. Get detailed home information. See multiple photos and virtual tours. Search by map area or school district. Search for homes. Research local school information. Request a Market Analysis to Sell your Home. Jim StarwaltThinking of making a move? Log onto my website at www.StarHomeFinders.com and search the Multiple Listing Service from over 150,000 homes for sale. Registering is quick and easy...
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By Helen Oliveri, "Your Best Move!"
(The Helen Oliveri Team)
Lovely 3 bedroom, 2.5 bathroom townhome in Georgetown Square. This townhome features hardwood floors throughout the main level and a open floorplan with a lovely kitchen with upgraded 42’ cabinets & island with breakfast bar. Large finished lower level with porcelain tile awaits you. The second level features an oversized master bedroom with vaulted ceilings and master bathroom with dual vanities and a large 5 ft. shower and walk in closet. Also, 2nd and 3rd bedrooms have ample closet space and a very convenient second floor laundry room makes this a must see. View the many picture we have to offer at www.helenoliverihomes.com and call today 847-967-0022 to schedule your private showing of this lovely townhome. This Home is also available for rent for $2,200 a month.   This property is ...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
I recently submitted an offer on a short sale townhome in this popular subdivision of Greggs Landing in Vernon Hills. The offer was on behalf of some investor clients of mine who are taking advantage of the low market prices of homes as an investment for the future. About 2 weeks into the offer we finally got the information we needed in relation to the ability to rent the unit. It transpired that the unit cannot be rented in the first 12 months after closing unless it was to a blood relative. Add to that the requirement now that only 10% of the units an be rented out, our contract was withdrawn. These are new rules and in fact the owner was renting the unit out when we submitted our offer. So if you are looking to buy units as investment but want to rent them out, I highly recommend yo...
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By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
Vernon Hills Recently Sold Homes Vernon Hills Homes For Sale Vernon Hills Homes For Sale In Vernon Hills, there are 121 single family homes for sale with an average list price of $513,157. There are 22 single family homes under contract with an average list price of $491,564. Specific details on single family homes for sale and sold in Vernon Hills, can be found on my website at www.StarHomeFinders.com. Search for foreclosures, single family homes, townhomes and condominiums, multi-family units, vacant land, commercial properties and rentals. Thinking of selling your home, Click Here to Find Your Home's Value. Looking for a home? Click Here to Sign up for My Property Finder. Benefits of Registration: View ALL MLS properties listed for sale. Save your searches — as many as you would like...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Vernon Hills Real Estate!  Looking for the perfect rental in Vernon Hills Are you looking for the perfect rental townhome, condo or home in the Vernon Hills area Whether you are looking for  a place to live in the Stevenson or Vernon Hills High School Districts, I can help you now to find the rental situation that fits your real estate needs.  Even if you thought you have exhausted all of the current rental properties on the market,  I will go the extra step in finding you a comfortable place that will make you feel like its the right place for you and your family.  Knowing the area, the market, and most of the realtors in Vernon Hills, I can find you a rental even if its not currently advertised to the public.  (I'm not just saying that).    In addition to finding you the perfect rent...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
 Are you considering relocating to the Vernon Hills area?  Vernon Hills, Illinois  currently has great real estate for sale and  like most cities today,it is wonderful time to buy your dream home.  Allow me to give you an overview of  Vernon Hills and  the  questions my real estate clients ask when they are relocating to the Vernon Hills area.  Where is Vernon Hills located as it relates to Chicago? Vernon Hills, Illinois is located in Lake County about 30 Miles Northwest of Chicago.  If you are driving on the toll way from Chicago to Vernon Hills, you would exit off of Route 60 and head west. Vernon Hills is approximately 45 minutes without any traffic to Chicago's downtown and with traffic, your guess is a good as mine. How  convenient  is it to park at the Vernon Hills Train Station...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Vernon Hill will  soon be opening a new restauant(roti) on  Route 45 just west of Milwaukee, right next to the new starbucks.  If you click on link and register you may be eligible for a free meal.      Roti will serve all sorts of healthy Mediterranean foods...kabobs: chicken, beef, "roti", Israel salad, hummus, falafel, etc.  They will also deliver for orders greater than $25.00.  Printed below is a copy of their menu.  It sounds delicious!     The above information regarding the Chicago Northwest Suburbs was provided by Judy Greenberg, Realtor with Coldwell Banker Residential Brokerage. .  If you are looking for a  home in the Chicago Northwest Suburbs of Chicago, please call Judy at 847-602-5435 or email her at info@buffalogrovehomes.com Judy's websites  www.buffalogroveareahomes.co...
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By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
10/25/2008 Vernon Hills Market Report: Single Family Homes: Past 6 Months Under Contract   List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 1 131 $200,000 - $249,999 1 269 $250,000 - $299,999 2 131 $300,000 - $349,999 4 186 $400,000 - $449,999 2 179 $450,000 - $499,999 1 66 $500,000 - $549,999 2 444 $600,000 - $699,999 1 219 $800,000 - $899,999 1 75    Under Contract Summary   # Units Avg. MT   Avg. List Price Max. List Price Min. List Price   15 201   $412,237 $849,000 $180,555      Active Listings   List Price Range # Listings Avg. Days on Mkt $200,000 - $249,999 4 94 $250,000 - $299,999 12 138 $300,000 - $349,999 7 108 $350,000 - $399,999 18 137 $400,000 - $449,999 9 157 $450,000 - $499,999 13 254 $500,000 - $549,999 12 187 $550,000 - $599,999 13 208 $600,000 - $699,9...
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By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
10/11/2008 Vernon Hills Market Report: Single Family Homes: Past 6 Months Under Contract   List Price Range # Listings Avg. Days on Mkt $200,000 - $249,999 1 255 $250,000 - $299,999 1 186 $300,000 - $349,999 2 198 $400,000 - $449,999 1 166 $450,000 - $499,999 2 92 $500,000 - $549,999 1 799 $550,000 - $599,999 1 118 $600,000 - $699,999 2 156 $800,000 - $899,999 1 61    Under Contract Summary   # Units Avg. MT   Avg. List Price Max. List Price Min. List Price   12 206   $481,025 $849,000 $218,405      Active Listings   List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 1 117 $200,000 - $249,999 3 81 $250,000 - $299,999 12 129 $300,000 - $349,999 7 125 $350,000 - $399,999 18 138 $400,000 - $449,999 7 204 $450,000 - $499,999 13 244 $500,000 - $549,999 11 155 $550,000 - $599,99...
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By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
9/27/2008 Vernon Hills Market Report: Single Family Homes: Past 6 Months Under Contract   List Price Range # Listings Avg. Days on Mkt $250,000 - $299,999 1 172 $300,000 - $349,999 2 95 $350,000 - $399,999 1 65 $400,000 - $449,999 2 153 $450,000 - $499,999 3 133 $500,000 - $549,999 1 785 $550,000 - $599,999 1 104 $600,000 - $699,999 1 222 $800,000 - $899,999 1 47 $1,000,000 - $1,999,999 1 114    Under Contract Summary   # Units Avg. MT   Avg. List Price Max. List Price Min. List Price   14 172   $522,450 $1,150,000 $285,000      Active Listings   List Price Range # Listings Avg. Days on Mkt $150,000 - $199,999 1 103 $200,000 - $249,999 5 113 $250,000 - $299,999 12 118 $300,000 - $349,999 9 104 $350,000 - $399,999 19 148 $400,000 - $449,999 8 211 $450,000 - $499,999 19 183 $500,000 - $54...
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By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
Vernon Hills, Illinois Real Estate Market Report 9/13/2008 - Single Family Homes: Past 6 Months Under Contract   List Price Range # Listings Avg. Days on Mkt $200,000 - $249,999 1 94 $250,000 - $299,999 1 158 $300,000 - $349,999 2 81 $350,000 - $399,999 2 74 $400,000 - $449,999 3 113 $450,000 - $499,999 3 190 $500,000 - $549,999 1 771 $550,000 - $599,999 1 90 $600,000 - $699,999 5 131 $800,000 - $899,999 1 563 $1,000,000 - $1,999,999 1 100    Under Contract Summary   # Units Avg. MT   Avg. List Price Max. List Price Min. List Price   21 174   $528,429 $1,150,000 $249,900      Active Listings   List Price Range # Listings Avg. Days on Mkt $200,000 - $249,999 5 95 $250,000 - $299,999 11 101 $300,000 - $349,999 9 104 $350,000 - $399,999 19 135 $400,000 - $449,999 6 213 $450,000 - $499,999 ...
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By Rick Hauser, ABR, CNC, CNE, GRI, SFR, Exclusive Buyer Agent-Cov
(Buyer Broker Chicagoland - CHICAGO IL AND SUBURBS)
As of September 3, 2008 there are currently 200 homes for sale in Vernon Hills - ranging in price from $210,000 to  1.575 million dollars 41 Vernon Hills homes closed during the past three months.That means there is about 9 months of inventory – given the current rate of absorption.As of September 3, 2008 there are currently 120 townhomes for sale in Vernon Hills - ranging in price from $105,000 to  $559,000 dollars 53 Vernon Hills townhomes/condos closed during the past three months.That means there is about 7 months of inventory – given the current rate of absorption. _____________________________________________________________________ As Exclusive Buyer Agents - we provide expert research and negotiation for home buyers and investors in the Chicago area. Unlike "buyer agents" - we a...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
As the number of Illinois residents renting homes dramatically increases, new survey released today by Allstate finds most Illinois renters are inadequately prepared to protect homes and belongings. Although homeowners coverage is required as a part of most mortgages, the approximate 1.2 million Illinois residents who rent their homes face no such insurance requirement. Without that requirement, just over half of Illinois renters (51 percent) report they have renter's insurance to cover their property in case of loss.   In my opinion, if a disaster strikes, whether a fire, robbery or other tragedy, you will be devasted enough and won't want to worry about replacing your belongings.  In addition to purchasing the renter's insurance, I recommend protecting yourself by taking the following...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Are you looking for a home in Vernon Hills? As mentioned in a previous  Vernon Hills post, it is a wondeful town and many people are flocking to Vernon Hills, Illinois because of the price of real estate, schools, parks, and scenery. I have included below all of the homes which came on the market in August of 2008.  There are great buys on the market in all the different price ranges, from homes in the $200,000's to those over a million dollars.                                       If you want more information regarding specific real estate sales in the Vernon Hills area please do not hesitate to call me at 847-602-5435 or email me at info@buffalogrovehomes.com .   I can help you in the purchase or sale of a Vernon Hills Condo, Vernon Hills Townhouse, Vernon Hills single family home or...
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By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
8/30/2008 Greggs Landing, Vernon Hills: Market Report: Past 6 Months Under Contract   List Price Range # Listings Avg. Days on Mkt $500,000 - $549,999 1 757 $800,000 - $899,999 1 549    Under Contract Summary   # Units Avg. MT   Avg. List Price Max. List Price Min. List Price   2 653   $697,000 $875,000 $519,000      Active Listings   List Price Range # Listings Avg. Days on Mkt $600,000 - $699,999 4 126 $700,000 - $799,999 1 486 $800,000 - $899,999 2 114 $900,000 - $999,999 1 22 $1,000,000 - $1,999,999 8 146    Active Listings Summary   # Units Avg. MT   Avg. List Price Max. List Price Min. List Price   16 151   $1,028,856 $1,575,000 $600,000      Sold Properties   Sold Price Range # Listings Avg. Days on Mkt $550,000 - $599,999 2 110 $600,000 - $699,999 2 93 $800,000 - $899,999 2 85 $...
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By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
8/30/2008 Grosse Pointe, Vernon Hills: Market Report: Past 6 Months Under Contract   List Price Range # Listings Avg. Days on Mkt $350,000 - $399,999 1 25 $400,000 - $449,999 2 87    Under Contract Summary   # Units Avg. MT   Avg. List Price Max. List Price Min. List Price   3 66   $406,300 $429,000 $389,900      Active Listings   List Price Range # Listings Avg. Days on Mkt $350,000 - $399,999 7 108 $400,000 - $449,999 2 211 $450,000 - $499,999 8 177 $500,000 - $549,999 5 152    Active Listings Summary   # Units Avg. MT   Avg. List Price Max. List Price Min. List Price   22 152   $457,018 $535,000 $365,000      Sold Properties   Sold Price Range # Listings Avg. Days on Mkt $200,000 - $249,999 1 45 $300,000 - $349,999 3 199 $350,000 - $399,999 3 58 $400,000 - $449,999 1 19 $450,000 - $4...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
In a previous  real Vernon Hills real estate  post, I wrote about the top 10 questions, my real estate clients ask me when relocating to Vernon Hills.   I have had great feedback with this blog( I have reprinted it below) since it is a wonderful resource if you are thinking of moving to Vernon Hills. Many people contacted me asking for statistics regarding the number of homes for sale, so I presented those statistics below.  I have  also recently analyzed the Vernon Hills real estate data for the first 7 1/2 months of August. At the end of August, I will post which homes sold and went undercontract during the month. Presently there are 137 homes on the market;   Most of the homes on the real estate market are between $350,000 and $700,000.  The average home price on the market is $550,2...
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