Home Property, Rentals, Transactions
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a McDonald’s ground lease located at 1070 North Roselle Road in Hoffman Estates, Illinois for $2,990,000.
September brought continued annual gains in Illinois median home prices, while statewide sales declined slightly, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in September 2016 totaled 13,940 homes sold, down 0.6 percent from 14,029 in September 2015
The National Association of Home Builders (NAHB) Remodelers honored Michael Menn, CAPS, CGP, CGR, a remodeler and architect from Northbrook, Ill., with its highest annual remodeling achievement award, the 2016 NAHB Remodeler of the Year. The award, which recognizes superior business management, exemplary NAHB involvement at all levels and outstanding contributions to the remodeling industry, was presented on Oct. 6 during the NAHB Remodelers All Stars Party in conjunction with the Remodeling Show | DeckExpo | JLC LIVE in Baltimore.
REALTOR® Doug Carpenter, ABR, AHWD, GRI, SFR, of Mokena has been installed as the 2017 President of Illinois REALTORS®. He is the managing broker of Coldwell Banker Honig-Bell in Orland Hills.
Although closed sales began to decline in most of the country during August, the North Shore-Barrington market posted gains in this and most other key metrics.
The Illinois housing market got a healthy bounce in August, with gains in both home sales and median prices, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in August 2016 totaled 16,455 homes sold, up 6.7 percent from 15,415 in August 2015.
A slightly lower inventory of houses on the market has helped sellers see prices rise in many North Shore and Barrington-area communities. Homes are selling faster now than in the last few years and buyers are finding they need to move fast to get the home they want.
Randy Blankstein, President of national net lease advisory firm The Boulder Group, will be a featured speaker on ICSC’s N3 Triple Net Lease Panel in Chicago on October 19th, 2016. The panel will be held during the ICSC Chicago Deal Marking.
Homes sold faster and prices were stronger in July, but lower inventory continues to act as a drag on the market, according to Illinois REALTORS®.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant American Mattress located at 751 East Lincoln Highway in New Lenox, IL for $1,545,000.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant LabCorp office property located at 150 Spring Lake Drive in Itasca, IL for $6,250,000. Itasca is located in the Chicago MSA west of the Chicago O’Hare International Airport
Governor Rauner issued the following statement as many homeowners throughout Illinois face a deadline today to pay property taxes: "Illinois residents are being hit with record property tax increases in communities all around the state even though they already pay the highest property taxes in the nation.
The City of West Chicago, Illinois is seeking a qualified consultant or group of consultants to prepare an update to the City’s Central Main Street Redevelopment Plan. The Plan, which was originally prepared in 2007, presents redevelopment scenarios for those properties located primarily along Main Street west of the City’s traditional Downtown Central Business District area.
Homebuyer demand drove sales and prices higher in June and marked a strong first half of the year for the Illinois housing market, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in June 2016 totaled 18,593 homes sold, up 1.4 percent from 18,328 in June 2015. Year-to-date, home sales totaled 78,547 homes sold, an increase of 5.5 percent compared to the first six months of 2015.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a three-tenant net leased center located at 253 South Weber Road in Romeoville, IL for $4,200,000. Romeoville is located within the Chicago MSA