March 2010

4830 N Albany – Albany Park – 2 Bedroom Condo for Sale

March 26, 2010

4830 N Albany is a fantastic 2 bedroom condo for sale in East Albany Park.  With two full baths (one in the master) and a den/office, it’s a perfect choice for first time buyers looking to take advantage of the home buyer tax credit. It’s near the hot Francisco el stop on the Brown line [...]

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Chicago Condo Sales 2010 — How are we doing so far?

March 19, 2010
Chicago condo sales through Feb 2010

There is just about one month left in the federal home buyer tax credit program — $ 6500 – $ 8000 in tax savings if you buy by April 30 and close by June 30. How is the home buyer tax credit program affecting condo sales in Chicago?  In a nutshell – Sales are better [...]

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Chicago Real Estate Update – East Ravenswood Homes for Sale

March 17, 2010
1605 W Cullom

East Ravenswood has some lovely homes for sale right now — from $ 550,000 to almost $ 2,500,000, there are some fantastic historic houses for Chicago real estate buyers. 1605 W Cullom is an 1896 rehabbed Victorian, 4 bedroom 2 1/2 bath,  for $ 649,000. 4156 Paulina is on a huge corner lot — 43.7 [...]

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Lakewood Balmoral Real Estate Update

March 17, 2010
5253 Lakewood - home for sale in Lakewood Balmoral - Andersonville, Chicago

Lakewood Balmoral has some great single family homes for sale.  The bargains on Wayne and Magnolia are under contract, but there are currently 2 homes for sale under $ 900,000 that are worth seeing.  The lovely rehab by Dave Kirk, 5511 N Lakewood, is also for sale. 5253 N Lakewood, a 5 bedroom built in [...]

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Chicago Single Family Homes for sale under $ 400K

March 16, 2010
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Looking to buy a home before the tax credit ends April 30?  There are some great opportunities in Chicago Real Estate for single family homes. Don’t get me wrong — condos are great.  Eventually, however,  most condo buyers ask me “What kind of home can I buy for this money?” “What is the Chicago real [...]

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Lead Based Paint in your home? Rehab Safely!

March 13, 2010
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If you own a home built before 1978, it probably contained lead based paint, and you were given a lead paint brochure and disclosure when you bought the home. This disclosed the presence of lead paint in the home if the seller was aware of it. When you sell, you will disclose any knowledge you [...]

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3141 N Clifton – Lakeview Single Family – an Inviting Home and Garden

March 8, 2010
3141 N Clifton back garden patio

A Prudential Rubloff Fine Homes Listing… $1,349,900 3141 N Clifton is a home for the confident social maven — lovingly rehabbed over 3 years by a thoughtful owner (not a cookie cutter spec home builder) -  it doesn’t scream at you.  The details and finishes, the floor plan,  chef’s kitchen, and patio garden  gently  sweep [...]

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Condo Owners and Boards – Manage your Property Managers!

March 7, 2010
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Condo owners annually elect a board of directors to oversee the property’s maintenance and management.    (If not self-managed),  these boards hire property managers to advise them, to collect assessment fees, manage the maintenance staff, oversee repairs to the common elements, and to facilitate the transfer of property between condo buyers and sellers. I’ve worked [...]

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22.1 is not for Buyers Only!

March 3, 2010
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Section 22.1 of the Illinois Condo Act lets buyers demand certain information from the seller prior to committing to the purchase. This makes sense!  After all, buyers should have… A copy of the Declaration, by-laws, other condominium instruments and any rules and regulations. A statement of any liens, including a statement of the account of [...]

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Chicago Historic Bungalow Lectures – Rehab, Rehab Loans, Home Improvement, More

March 1, 2010
Albany Park Bungalow

The Chicago Bungalow Initiative sponsors “how to” seminars for owners of these historic vintage homes, or for those who want to buy them! The spring series includes how-to seminars on home rehabs and rehab loans.  The lectures will also include information on creating your own garden and about maintaining your masonry exterior and tuckpointing.  Readers [...]

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