BLOOMINGDALE, Ill. – February 26, 2014 – (RealEstateRama) — & Associates, the largest broker-owned commercial real estate firm in the country, has negotiated a 10-year, $5 million lease for a 110,063-square-foot industrial property located at 171 Covington Drive in Bloomingdale, Ill. more »
Illinois State Government and Public Real Estate News
SPRINGFIELD, Ill. – February 21, 2014 – (RealEstateRama) — The polar vortex and lower inventory levels may have affected January home sales which dipped 7.5 percent compared to last year, but median home prices climbed 9.6 percent over previous-year levels, according to the Illinois Association of REALTORS®. more »
CHICAGO – February 20, 2014 – (RealEstateRama) — Lee & Associates, the largest broker-owned commercial real estate firm in the country, has announced that Terry Grapenthin, a 13 year veteran who specializes in industrial brokerage, has joined the firm’s Illinois office as a principal. more »
U.S. Green Building Council Ranks Illinois Number One in the Sustainable Building Design Movement
CHICAGO – February 19, 2014 – (RealEstateRama) — Governor Pat Quinn today announced that the U.S. Green Building Council has ranked Illinois number one among all 50 states in the sustainable building design movement. Illinois has more than 29 million square feet of certified green buildings, or 2.29 square feet for every resident. Today’s announcement is part of Governor Quinn’s agenda to ensure a clean and healthy environment for future generations. more »
Illinois Housing Development Authority provides crucial funding to build Emerald Ridge and create 80 local jobs
EAST ALTON – February 10, 2014 – (RealEstateRama) — In one year, a new development of 46 new rental single-family homes for working families will open on the former site of a World War II-era development known as the “Defense Area” properties of East Alton. more »
SPRINGFIELD, Ill. — Belleville REALTOR® Stan Sieron, CRS, GRI, broker-owner of Stan Sieron and Company in Belleville, has received the 2013 Illinois Association of REALTORS® (IAR) Political Involvement Award.
The award was given for outstanding political and legislative service to the REALTOR® organization. The announcement was made at the association’s Public Policy Meetings held at the Embassy Suites Hotel and Riverfront Conference Center in East Peoria, Ill., Jan. 20-23.
During a real estate career that spans more than 40 years, Sieron is recognized as an industry leader who stands out in his ongoing dedication to grassroots involvement and political advocacy for the REALTOR® community at the local, state and national level.
A past president of the Illinois Association of REALTORS®, Sieron is a member of the REALTOR® Association of Southwestern Illinois (formerly the Belleville Area Association of REALTORS®). He is a past president of his local association and in 2002, was named its REALTOR® of the Year.
Sieron has been actively involved on committees related to the REALTORS® Political Action Committee (RPAC) and public policy, and chaired the National Association of REALTORS® Political Advisory Working Group. He is IAR’s key State Legislative Contact for State Rep. Eddie Jackson.
“Stan is a true believer in REALTOR® political advocacy and the mission of our governmental affairs program,” said Phil Chiles, ABR, CRS, GRI, SRES, president of the Illinois Association of REALTORS® and WASHINGTON, D.C. – February 10, 2014 – (RealEstateRama) — Broker-Associate with The Real Estate Group in Springfield. “As an elected official and as a leader in the local, state and national REALTOR® family, he carries the RPAC message with pride, passion and knowledge.”
In 2012, Sieron was inducted into the REALTORS® Political Action Committee (RPAC) Hall of Fame for reaching lifetime contributions of $25,000. He is a member of the President’s Circle and is a RPAC Major Investor. more »
Carbon Monoxide is a Silent Killer; Poisoning Cases Increase during Winter Season
SPRINGFIELD – February 6, 2014 – (RealEstateRama) — Due to extremely low temperatures and winter storms in the Midwest this winter, the Illinois Office of the State Fire Marshal (OSFM) is stepping up its efforts to raise awareness about fire safety as well as the danger of carbon monoxide poisoning. The Fire Marshal is urging homeowners to be aware of the dangers that carbon monoxide poses. more »
CHICAGO – February 4, 2014 – (RealEstateRama) — Pircher, Nichols & Meeks, a national real estate law firm with offices in Chicago and Los Angeles, announced that Susan Kim has joined the firm as an of counsel member in the Chicago office. Ms. Kim has a diverse law background, which includes experience in both the public and private sectors. more »
SPRINGFIELD, Ill. – February 3, 2014 – (RealEstateRama) — REALTOR® Pat Callan, managing broker-owner of Realty Executives Premiere in Wheaton, has been named the 2014 Illinois REALTOR® of the Year by the Illinois Association of REALTORS®.
The announcement was made Jan. 22 at the association’s Public Policy Meetings held at the Embassy Suites Hotel and Riverfront Conference Center in East Peoria, Ill. Callan will be honored at an April 2 banquet at the Hilton Hotel in Springfield. more »
CHICAGO – January 29, 2014 – (RealEstateRama) — Rick Scardino, a 26 year veteran who founded the Retail Division of Lee & Associates’ Illinois office in 2010, has been promoted to principal, the firm has announced.
An expert in retail brokerage in the Chicago market, Scardino has closed numerous high-profile retail deals in his tenure with Lee & Associates Illinois, including the sale of the former Gold’s Gym and four new Red Robin leases in 2013. more »
IHDA-allocated tax credits help finance Grove Apartments construction and boost local economy
OAK PARK – January 24, 2014 – (RealEstateRama) — A vacant building in suburban Oak Park has been transformed into quality affordable rental housing to enable low-income individuals and people with disabilities to live near work. On behalf of Governor Pat Quinn, Illinois Housing Development Authority (IHDA) representatives today joined Cook County Board President Toni Preckwinkle and other public-private partners to celebrate the grand opening of Grove Apartments. more »
2013 marks a strong year of housing recovery
SPRINGFIELD, Ill. – January 23, 2014 – (RealEstateRama) — Illinois home sales increased 7.9 percent over previous-year levels in December and median prices increased 13.7 percent, according to the Illinois Association of REALTORS®.
Statewide home sales (including single-family homes and condominiums) in December 2013 totaled 11,279 homes sold, up from 10,454 in December 2012. Year-end 2013 home sales totaled 153,492, up 18.9 percent from 129,092 in 2012. more »
Annual contests promotes awareness of radon health risks
SPRINGFIELD – January 22, 2014 – (RealEstateRama) — As part of Radon Action Month in January, the Illinois Emergency Management Agency (IEMA) today urged people throughout Illinois to test their homes for radon, a cancer-causing radioactive gas that has been found in nearly 40 percent of Illinois homes tested. more »
$6.1 million in grants to stimulate economic activity
CHICAGO – January 22, 2014 – (RealEstateRama) — A new round of $6.1 million in federal funds will help low-income homeowners, including seniors and persons with disabilities, afford the necessary repairs to stay in their homes. The Illinois Housing Development Authority (IHDA) today announced the Single-Family Owner-Occupied Rehabilitation (SFOOR) program will ensure 148 homeowners can keep up with necessary but costly repairs – and will keep communities strong by stabilizing neighborhoods and creating local economic activity. more »
WASHINGTON, D.C. – January 17, 2013 – (RealEstateRama) — WHO: Dr. Paul M. Lisnek, an award-winning television host and anchor of “Politics Tonight” on CLTV and the on-air political analyst for WGN-TV.
WHEN: The lunch starts at 11:45 a.m., and Lisnek is expected to speak at 12:45 p.m., Wednesday, Jan. 22, Embassy Suites East Peoria Hotel & Conference Center, 100 Conference Center Drive, East Peoria, Ill. The event is in River F. more »