Chicago Seniors- Save on Real Estate Property Taxes!

Chicago Seniors – 

February 3 is the deadline

for saving on your 2015 Property Tax Bills!

 

chicago seniors property taxes

 

Two Options for Seniors to Save Money

on Chicago Property Taxes

 

1. Senior Citizen Exemption

You must apply every year for this tax savings! To qualify, you need to be born in 1950 or sooner, and live in your primary residence as of 1/1/2015. anne rossley real estate

Click this link to download the form:

Cook County Senior Citizen Exemption Form – Due February 3

More information – FAQ – select this link

 

2. Senior Freeze Exemption

The Senior Freeze Exemption is a property tax savings opportunity for Seniors who earn less than $55,000 per year and want to keep property tax bills lower. The freeze doesn’t freeze the property taxes- rather it freezes the equalized value. If the budget goes up and a higher rate of taxes is levied, your bill will go up.

The VALUE of your home will stay the same, however. Like the Senior Citizen Exemption, you MUST APPLY EVERY YEAR. cook county property taxes

Click this link to download the form:

Senior Freeze Exemption Form

Click this link to learn more about the Cook County Property Tax Savings for Seniors

 

 

Thinking of making a move in the next year? Email me today!

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Best 10 Bungalows for Sale TODAY in Chicago

Looking for a single family home on Chicago’s north side?

Check out these Chicago bungalows- the best on the market today!

Photo Tour – Select this link

best Chicago bungalows for sale

Some of the properties found in the tour:

4929 Kildare

4929 Kildare

4901 Kenneth

4901 N Kenneth

Only $245,000!

6234 Rockwell

6234 N Rockwell

How gorgeous is that?!

The Historic Chicago Bungalow Association has just published a Maintenance Handbook – it’s fabulous!

Included in the Bungalow Maintenance booklet:

Ice Dams and How to Fix Them

Ice Dams

Anatomy of an Historic Window

Anatomy of an historic window

Where and Where NOT to Caulk

where and where not to caulk

Want to see all the bungalows for sale today?

See Them Here

Want more information? Want to go view bungalows for sale?

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10 Best Historic Homes Under $1MM

Looking for a great historic home under $1 Million?

Here are my choices for great vintage homes in Chicago-

available today…

Chicago vintage homes under $1MM

Click on the photo above to tour these properties.

If you’re a buyer looking for a lovely historic home on Chicago’s north side, check out these gems…

3350 N Marshfield  $ 499,900

1536 W Glenlake – $499,900

1512 n talman

1512 N Talman – $499,900 

1415 W Hood – $519,900

1922 W Berwyn – $729,900

2245 W Berwyn – $809,900

1415 W Highland

1415 W Highland – $839,000

2318 N Spaulding – $859,000

1410 w berteau

1410 W Berteau – $895,000

2473  Geneva Terrace – $999,000

Would you like to see homes for sale

RIGHT NOW

on Chicago’s North Side?

 

See the Currently Available Listings Now!

See Them Now...

Have a Question? Want to see some homes? Contact Anne!

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4112 Lowell – Great Chicago Real Estate Bargain

4112 N Lowell

Don’t rent when owning a home is cheaper!

Get the Details

CLICK HERE
Get a great hoem mortgage rate

Financing Sheet

It’s Cheaper than Rent!!!

See all the home loan options – including the IHDA loan –

Less than $2000 – monthly payments

Less than $4000 (net)  – down payment

See your Options

Anne Rossley

For all your real estate needs…

Contact Anne

Diane Pyshos

For all your home loan needs…

Contact Diane

Yin and Yang of Chicago Real Estate

Yin and Yang of Chicago Real Estate

Tuesday is Chicago real estate tour day. Agents hold open houses of their new listings and Realtors tour these properties for potential clients.

With today’s internet/virtual tour options, fewer and fewer agents go out on these tours, which is a shame. I love to go on tours – I get a chance to visit with colleagues, see gorgeous properties, and stay abreast of home values throughout the area.

Today, I got to see the Yin and Yang of Chicago Real Estate- polar opposites- NEW and VINTAGE. I have to say, I loved them both!

CONTEMPORARY – MODERN

Claremont House

3909 N Claremont

$1,995,000

My iPhone photo doesn’t do it justice- the home is open, sleek, chic, and easy to live in! Some of my favorite details:

  • When you walk in, there’s a metal floor that’s actually a grid- underneath is a drain so dirt and water from your shoes and boots are immediately taken away.
  • The open staircases (up and down) are made of thick blond wood treads.
  • The front and rear windows are HUGE spans of glass- this brings the outside in, and it’s incredibly dramatic!
  • The lower level has terrazo floors with radiant heat, and the family room is separated from the garden by a sheet of glass- gorgeous!
  • The kitchen is slick and sleek – with stainless steel table, cabinets and appliances, offset by blond wood upper cabinets, it’s a chef’s dream!

Find Contemporary Homes for Sale-

Select this link!

HISTORIC – VINTAGE

905 W Castlewood Terrace

905 Castlewood Terrace

$1,500,000

You know I’m in love with historic homes, and the old houses on Castlewood are amazing! This home was built in 1911, and it sits on a 90 x 115 lot.

Some of my favorite things about this house:

  • Huge side yard!!  There’s a lovely fountain, gorgeous plantings, wrought iron fence, and side deck.
  • This street is a cul de sac – no through traffic!
  • Gorgeous vintage details inside – wood floors, moldings, curved staircase, and more.
  • A solarium — a wall AND CEILING of windows that just make me smile!
  • It’s big – 4900 square feet inside with 5 bedrooms, 3 full and 2 half baths

Find Vintage Homes for Sale-

Select one of these links:

Vintage Co-op Buildings

Historic Districts of Chicago

Historic Home Search by Price

– – – – – – – – – – – –

And – to help guide you in your home search,

Contact

Anne Rossley

773-620-5333

AnneRossley.com

Top 10 Chicago Bungalows for Sale

Top 10 Chicago Bungalows for Sale

Annes Top 10

Here are Anne’s Top 10 Bungalows for sale on Chicago’s north side*

4431 N Richmond

4431 N Richmond

– – – – – – – – – –

Top 10 Bungalows for Sale

Top 10 Bungalows for Sale

– – – – – – – – – –

To take a virtual tour of these homes,

Select this link:

Top 10 Bungalows – See Them Here!

– – – – – – – – – –

  List PriceASFMTRmsBRBAYr BltLot Dim
6111Rockwell$270,000929293731192130 X 125
4042Argyle$340,000186222832.1UNK31 X 159
5030Bernard$349,000240041151.1191330X125
6033Talman$349,90014452931.1192430X125
2848Estes$409,7703557741243192732 X 123
2709Lunt$469,000Unk52942.1192337X124
2451Hutchinson$475,000Unk50721.1192225X125
4431Richmond$525,000Unk3751022191630 X 125
3815Avers$610,000Unk23842192137.5 X 125
3107Damen$675,000Unk16733191325 X 125

3815 N Avers

3815 N Avers

– – – – – – – – – –

Ready to shop for a Chicago Bungalow of your very own?

Contact Anne Rossley

Baird & Warner

773-620-5333

Anne@Rossley.com

– – – – – – – – – –

5030 bernard

5030 N Bernard

 

 

* This is my list of favorites- they may not be the finest photographs, and they’re NOT my listings. I do NOT represent that they’re the best values, either.  These are my favorites – based on location, price, historic details, and amenities.

 

Chicago Real Estate Market Update

In a nutshell, where is the Chicago real estate market today?

Statistics about the real estate marekt are bandied about everywhere, but when my clients ask, they really want to know what’s going on LOCALLY.

The statistics I’m quoting here are based on my selling area- part of Chicago, which is a segment of the Midwest Real Estate Data MLS System.

 Anne’s Market Area

Anne Rossley's Market Area

 

Median Sales Price

Over Time

98.5% of the Market High

$347,325 (April, 2015) vs. $352,500 (October, 2008)

 

 

Market Time (Days)

All properties

Market time doesn’t significantly differ between price points or property types (condo vs. house)

73 DAYS

Chicago (total): 84 days

 

 

Property Units Closed

# Units Closed is Very Strong but not at the 2008 “frenzy” level

15,795 closed in March, 2015

18,427 closed in January, 2008

 

Month’s Supply – Inventory

At current sales pace, how long will it take to sell all properties on the market?

Stable Market:  6 months

Today:  3.8 months

February, 2010:  15.1 months

Chicago Total (March, 2015): 4.6 Months

 

 

Sales Price

As % of FINAL List Price

Buyers are NOT throwing lowball offers at sellers.

They’re waiting until the price is right, and then they’re paying close to list price.

98%  !!

Chicago Market: 97.9%

If you have a question about the Chicago Real Estate Market, email me today!  Anne@Rossley.com

Reach out to me on LinkedIn!  Anne Rossley on LinkedIn

Slideshare version:

 

Chicago Parent “Shorts”

 

I came across this great article on helicopter parenting around the world – “A Cure for Hyper-Parenting”

Apparently, it’s not just Americans who are hyper parents!

helicopter parenting

In short, here’s what the NY Times article by Pamela Druckerman instructs us about good parenting:

1. Matthias Doepke and Fabrizio Zilibotti say intensive parenting springs from “rising inequality, because parents know there’s a bigger payoff for people with lots of education and skills.” Maybe – I haven’t done a lot of thinking on this. I read that this phenomenon is creating an even greater gap between the “haves” and “have nots” who can’t afford tutors, test prep, private sports coaches….

2.  People around the world are breeding later in life, when they’re richer and more grateful, so the whole parenting experience becomes “hallowed”. Makes sense – it also stands to reason that having kids after “achieving” in the workplace means there’s one more place to show off our “achievement-driven” sensibilities…

Advice

Here’s the advice Ms. Druckerman gives in the article- many of which are cited from other sources. She did a great job of putting gathering some useful nuggets:

  • Keep Calm and Parent On — expect more from your kids – even though it can be messy
  • Kid parties should be DROP-OFFS – use the time for yourself! Between the mid-1990s and 2008, college-educated American moms began spending more than nine additional hours per week on child care; this came directly out of their leisure time.
  • Enjoy the MOMENT- don’t always push for a Harvard degree. Said a better way: “total commitment to the process, total equanimity about the outcome.”
  • Most parenting crises are caused by exhaustion – try sleeping more and attacking issues when calm and rested.
  • Have less stuff-  the more you have, the more you have to organize, take care of, repair, and think about.
  • Work-life balance is nearly impossible to achieve- FORGIVE YOURSELF!
  • Teach emotional intelligence to your kids- and live it yourself- size up the other individual before you care what they think of you!
  • Enact the Mandela rule – “You can get what you want by showing people ordinary respect.”

Curling Parents

I love this:

Scandinavians complain of “curling parents,” a reference to the sport in which you frantically scrub the ice to let a stone glide across it.

curling parent

Maybe even a better analogy than a helicopter?!?!

 

 

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