Property, Rentals, Transactions

Property, Rentals, Transactions


NEW LENOX, IL - October 5, 2010 - (RealEstateRama) -- NexCore Group broke ground Thursday on a $52 million, 182,000 square foot integrated Medical Services Building (MSB) on the new Silver Cross Hospital (SCH) campus in New Lenox, about 36 miles southwest of downtown Chicago. It is the first project to be financed in part by the Denver-based healthcare real estate firm’s newly acquired, publicly held capital company. An affiliate of Heitman LLC partnered with NexCore to provide the equity for the MSB project, w

Lee & Associates’ Asset Management Group Awarded Large Receivership Assignment

Melrose Park, IL - September 29, 2010 - (RealEstateRama) -- The Specialty Practice Group, a division of Lee & Associates Asset Management Group (LAM), has been appointed as receiver of a 500,000-square-foot office and industrial complex in Melrose Park, Ill., by the Cook County Court System.

Rep. Foster Holds Realtors Roundtable

Batavia, IL - August 4, 2010 - (RealEstateRama) -- Today, Rep. Bill Foster (IL-14) held a meeting with area Realtors in his Batavia office to discuss their important role in growing our economy and creating jobs.

Illinois Home Sales Up 10 Months in a Row, Chicago Region a Full Year...

SPRINGFIELD, IL - July 23, 2010 - (RealEstateRama) -- Home prices in Illinois are showing signs of stabilizing with continued positive year-over-year median price growth and 10 straight months of mostly double-digit sales increases; the Chicago region marked a year of positive sales activity in June. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in June 2010 were up 18.3 percent, totaling 13,072 homes sold compared to June 2009 sales of 11,048 homes. The median price in June 2010 was $170,000, up 2.5 percent from $165,825 in June 2009. The median is a typical market price where half the homes sold for more, half sold for less.

IDX Broker software utilized on the website of Chicago Realtor Karl Schlehofer brings listings...

EUGENE, OR - July 14, 2010 - (RealEstateRama) -- Midwest Real Estate Data (MRED) listings are now available on the website of Karl Schlehofer, thanks to his partnership with IDX, Inc. and his use of their premier service, IDX Broker software. The benefits of adopting a customized IDX solution include making the buying process simpler and more efficient for brokers, agents buyers and sellers. Never before has it been easier to find a home online than now on his website, thanks to IDX Broker software.

Governor Quinn Signs Legislation to Protect Homeowners

SPRINGFIELD, IL - July 13, 2010 - (RealEstateRama) -- July 12, 2010. Governor Pat Quinn today signed two bills into law that will protect consumers from deceptive home repair and remodeling practices. Senate Bill 3645 and Senate Bill 2540 protect homeowners and individuals who have disabilities from fraudulent home repair projects

Governor Quinn Secures SBA Disaster Assistance to Help Communities Affected by June 5 Tornadoes

SPRINGFIELD, IL - July 7, 2010 - (RealEstateRama) -- Governor Pat Quinn today announced that the state’s request for a U.S. Small Business Administration (SBA) disaster declaration has been granted for several counties in north central Illinois that were hit by tornadoes on June 5. The declaration will make low-interest loans available to homeowners, renters and businesses in the primary counties of LaSalle, Livingston and Peoria, as well as 15 contiguous counties, including Kankakee and Putnam

A custom IDX solution simplifies online home search for Chicago residents and potential buyers...

EUGENE, OR - June 18, 2010 - (RealEstateRama) -- Realtor Karen Schwieger has updated her professional website, thanks to IDX, Inc. and their IDX software. With the ability to draw raw listing data off of the Midwest Real Estate Data (MRED) listings, the IDX Broker software then displays these properties conveniently her website. Now, it is easier than ever before for home seekers in Chicago, Illinois to get matched with a property that suits them, with the technology utilized on the Crane Chicago website.

Governor Quinn Proclaims June to be Homeownership Month

CHICAGO, IL - June 17, 2010 - (RealEstateRama) -- Demonstrating the State of Illinois’ commitment to sustainable homeownership, Governor Pat Quinn today proclaimed June to be Homeownership Month in Illinois.

Roundtable Senior Policy Advisor Testifies on Commercial Real Estate: A Chicago Perspective on Current...

Washington, D.C. - May 18, 2010 - (RealEstateRama) -- Today, Bill Askew, Senior Policy Advisor, for the Financial Services Roundtable testified before the House Financial Services Committee’s Subcommittee on Oversight and Investigations. The hearing was titled “Commercial Real Estate: A Chicago Perspective on Current Market Challenges and Possible Responses.”

Illinois First Quarter Home Sales Jump 23.5 Percent Median Price Leveling at $144,600

SPRINGFIELD, IL - May 11, 2010 - (RealEstateRama) -- Buyers were out in force in the first quarter led by low interest rates and homebuyer tax credits. According to the Illinois Association of REALTORS® (IAR) first quarter 2010 report, Illinois home sales (which include single-family homes and condominiums) totaled 21,242 in the first quarter, up 23.5 percent from 17,194 home sales in the same period a year ago. The first quarter statewide median home sale price was $144,600, off 0.3 percent from $145,000 in the first quarter of 2009. The median is a typical market price where half the homes sold for more, half sold for les

The Chicago Real Estate Search is Made Easier With the Addition of IDX Broker...

EUGENE, OR - May 5, 2010 - (RealEstateRama) -- Property Economics and AJ Leekha have chosen IDX, Inc. and the IDX Broker software to update their real estate website. With the help of the Midwest Real Estate Data MLS (MRED), thousands of listings can now be displayed on Leekha's website. This convenient technology allows potential home buyers to view every listing in the Chicago, Illinois area, without having to leave Leekha's website. MRED data syncs with Leekha's listings, to present home seekers with the largest and most complete set of property listings around.

IDX Broker Provides Kipp Blackburns Clients with Quick and Easy Access to their Own...

EUGENE, OR - May 3, 2010 - (RealEstateRama) -- Kipp Blackburn with @ Properties in Chicago, Illinois has recently made the decision to hire the services of IDX, Inc. to enhance, optimize and completely alter his online real estate website, by incorporating their highly customizable IDX Broker software. Blackburn wanted a drastic change to his online business, to set him apart from his competitors, and by choosing IDX, he can now offer his website visitors a much more well-rounded, pleasant and informative online property search experience. He wanted to show off the big, bold and elegant city of Chicago in a manner that would do it justice, and by enabling home seekers to browse some of the cities finest and most highly demanded properties, he is doing just that

Alan Savage Increases the Visibility of his Real Estate Listings Throughout the Web with...

EUGENE, OR - April 29, 2010 - (RealEstateRama) -- IDX, Inc. happily welcomes today, their newest client addition, Alan Savage of Naperville, Illinois, in joining the continuously growing network of real estate agents and brokers opting to improve, enhance and optimize their websites, with the help of a highly customizable IDX Broker solution. A realtor with Chase Real Estate, Savage is an active member of the Midwest Real Estate Data MLS (MRED). With the unique and one-of-a-kind connection that this IDX software has with local Multiple Listing Service's (MLS), Savage is able to immediately and prominently display an endless amount of the most up-to-date MRED listing information, directly onto his own personal website, eliminating the time and hassle for consumers, that would normally have to navigate elsewhere. Potential home buyers also have the option to specificy what they are looking for in their new property, and will only be shown properties that match their personal specifications, creating a simple and efficient online real estate search process.

Illinois Home Sales Increase 14 Percent in January from a Year Ago

SPRINGFIELD, IL - March 1, 2010 - (RealEstateRama) -- Buyer market conditions remain in most Illinois housing markets as January marked the fifth consecutive month of year-over-year home sales increases while the statewide median price logged its first uptick since September 2007. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in January 2010 were up 14.0 percent, totaling 5,483 homes sold compared to January 2009 sales of 4,809 homes. The median price in January 2010 was $145,300, up 0.2 percent from $145,000 in January 2009. The median is a typical market price where half the homes sold for more, half sold for less.


Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.



The Sky’s the Limit as Realtors® Gather in Chicago

The National Association of Realtors® kicks off its annual conference in Chicago today with a focus on education and opportunity. More than 20,000 Realtors® and guests from around the world are expected to attend the 2017 REALTORS® Conference & Expo, which runs through November 6 at McCormick Place convention center.

Editors’ Picks

Quigley Fights to Expand Affordable Housing and Protect Vital Infrastructure Investments

Today, U.S. Representative Mike Quigley (IL-05) fought to expand federal housing assistance and protect funding and eligibility for vital infrastructure programs that improve the economy and support local communities, including projects in Chicago and Cook County. His efforts come as the House Appropriations Committee considers the FY15 Transportation, Housing and Urban Development (THUD) Appropriations bill Fisher Investments Jay Carlson