In addition to the typical marketing avenues (MLS, open houses, etc),
I endeavor to be always “techno-forward” in finding ways to get my listings in front of potential buyers:
– Social Media – Facebook, Twitter, Linkedin
– Web and this blog
– Web Feeds (Trulia, Zillow, Homefinder…)
– Web advertising sites – Craigslist, Postlets, etc
– Mailings – postcards to clients, neighbors, renters and other potential buyers
– Email Newsletter to clients
– Advertising – Chicago Tribune, Crain’s, Chicago Magazine, WSJ, local neighborhood papers…
– and more…
Another avenue of Chicago Real Estate Marketing that is gaining popularity:
The Ritz Carlton Residences, 644 N Michigan Ave, are not able to deliver their units, due to a dispute with the Terra Foundation. Since the Foundation refuses to close on the Prism build-out of their space, the homeowners who have planned to move in to the RC Residences are unable to move into their condos. As a result, lawsuits are being filed by homeowners, asking for their earnest money back.
The residences use the 118 E Erie address, and currently 7 are listed in the MLS, ranging in price from $ 1.5MM to 4.8MM. The listings represent 7 different tiers in the building, so presumably there are more residences available than just these 7.
To see listings currently available through the MLS at the Ritz Carlton, select this link.
Originally marketed as 2520 Lincoln Park (select this link to see the website), this Lucian LaGrange building held an open house for Baird & Warner agents last week. Tom and I toured the models and common areas – it was the first time I had been in the building since the sales office left the John Hancock building.
The sales office for 2550 Lincoln Park is in the south tower, and the views were every bit as sensational as I expected. The common areas are lovely, and the private park is unique for the city’s high rises, even luxury buildings.The building staff was not just cordial – they were friendly and welcoming.
Here are my random thoughts from the visit:
So many public areas – media room, billiards room, game room, reception room… perhaps one doesn’t need so large a home when all these other spaces are available?
I got the impression that the building was designed for families as well as your typical high end single/couple — I kept thinking how much my teenagers would love the billiards room, game room, and theater. If only we could all afford $2MM condos AND private school!
There are lots of public rooms, but there’s a void in the grocery/restaurant options. Except for North Pond, there aren’t a lot of restaurants, and I don’t consider the nearby grocery stores to be adequate for the discriminating shopper. If I’d been the developer, I might have taken 600 square feet on the ground level for a gourmet take-out or commissary.
It was a total letdown to leave the sales office, a 2600+SF unit with south/city views, and then travel to the 9th floor north tower for the typical 3 bedroom model. It was significantly smaller, with many square feet were lost to hallways and odd angles.
I was told that the building is about 50% sold. The kitchens have been finished, so buyers don’t get the typical new construction perks of choosing their own finishes. That’s too bad – most high-end buyers want their own choices. (The penthouse units are unfinished, however.)
Listings in the building begin at $ 1,048,000, and the highest price available through the MLS is price at $ 6,092,000. Unlike the Ritz, closings have taken place at 2550, and the highest reported sales price is $3,587,407.
To see listings and get more information about condos for sale at 2550 N Lakview, select this link.
Are you interested in particular Chicago neighborhoods – Lincoln Square, Lakeview, Edgewater, North Center… ? Let me present a personalized virtual tour for you – just email the parameters to Anne@Rossley.com.
We can also set up new listing alerts so you’ll be one of the first to know what a new listing is available!
Select this link to tour the highest priced homes in Chicago and beyond, including homes along the north shore – Wilmette to Lake Forest. These properties are priced between $ 6MM and $12MM, and they are all currently available for sale through the Multiple Listing Service.
This township is located from the Chicago River to Fullerton ave (2400N) and west to the Chicago River North Branch. (Lakeview and Jefferson townships have already gone through their reassessment and appeal periods.)
After the recent teachers’ strike, it’s more and more likely that Chicago taxes will be going up – the question we each need to ask ourselves is, ” How do I limit my risk for higher expenses?” One thing homeowners can do right away is file a property tax appeal!
The sales prices for the properties in North Chicago declined by 5+%, but homeowners should still take advantage of the opportunity to file an appeal. Your assessed value may go down, but it may not have declined by 5.3%. Or, even if it went down by 6%, you might still be assessed for more than you should – NOW IS THE TIME TO INVESTIGATE!
2011 Median Sale Price
2010 Median Sale Price
2009 Median Sale Price
Median Current A.V.
Median Prior A.V.
Median % Change
Median A.V. Change
Appeals can be handled one of two ways:
Do it yourself! Appeals can be filed online by selecting this link. If your property is incorrectly categorized, or if your assessment is higher than your neighbors’ comparably priced home, then it should be a fairly simple process.*
Hire an attorney. Many attorneys work on a contingency basis – they will take a portion of your first year’s savings as remuneration. This means you can appeal without having to pay someone “out of pocket” to do the work on your behalf.
If you would more information about you particular case, contact me – send your requests via email to Anne@Rossley.com.
You’ll see 2-flats from Ukrainian Village to Bucktown, Wicker Park, and Logan Square. These properties are priced from $250,000 to $750,000, and they are just a few of the many great offerings available in Chicago real estate.
923 S Bell
To see these, or any other investment properties for sale in Chicago,
contact Anne Rossley at Baird & Warner – 773-620-5333
I’m never sure how to describe my interests in Twitter, Facebook, and other social media profiles…
… Dog lover, sports enthusiast, history buff … ?
… Labradoodle nut, Cubs and Bears Forever(!), genealogist …?
I rarely, however, include “Reading” as an interest.
I LOVE reading, and I’ve been a member of Goodreads for a long time. Sadly, however, I don’t have much time to embrace this passion. This summer, I tried a new tactic — work out and listen to an audiobook… drive and listen to a motivational or training CD … but it’s just not the same as holding the book and seeing the images dance off the pages.
The kids are madly trying to finish their summer reading assignments before school starts next week, and I confess that I’m envious.
As I scanned the real estate blogs tonight, I came across a fantastic idea… a neighborhood lending library. The concept is that someone builds a cute little house (bigger than a birdhouse but smaller than a doghouse) for their front yard. Neighbors stop by and take a book, replacing it with another for the next passer-by. It’s a friendly way to share a “good read” and keep solid, sturdy books in circulation.
My fantasy of a clean, de-cluttered home, with everything in its place, is just that — a dream.
I wasn’t surprised today, when I found HouseLogic’s article about The Link between Clutter and Depression. I frequently succumb to frustration about my kids’ socks on the floor, burned-out light bulbs, paintings that need hanging, and sticky countertops. Next week, when my oldest goes to college, I’ll be sad, but I’ll cheer myself up with the realization that 1/3 of my tornadoes will be scattering debris in Iowa and not Lakewood Balmoral.
The HouseLogic article is based on a UCLA study, and the book that reveals how middle-class Americans use things in their homes – Life at Home in the 21st Century. Not only do we Americans buy 40% of the world’s toys but we are often paralyzed about throwing away the nick-knacks that we accumulate over the years. Who hasn’t seen an episode of Hoarders?!
I’m looking forward to reading the book, having previously readAt Home: A Short History of Private Life , by Bill Bryson,. Bryson’s book describes the history of the “things” in our home. Pepper seems to have been very popular, accounting for 70% of the spice trade and frequently sprinkled on desserts. As for bathing, only recently have we fallen in love with daily bathing . Benjamin Franklin took “air baths” — basking naked in front of an open window at his London home. And, by the way, Thomas Crapper DIDN’T invent the toilet.
Sellers often become emotional about de-cluttering their homes as they prepare to sell. Just about all sellers, however, find that once they organize and get their property ready for sale, they fall in love with their home all over again.
Maybe we should all pretend we’re getting ready to sell — sorting, sifting, getting rid of the “un-necessaries”– it will give us all a new lease on life!