Yearly Archives: 2014

Lee & Associates of Illinois Negotiates 10-Year Industrial Lease in Bloomingdale

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.

Severe winter weather cools January home sales but median prices continue year-over-year march upward

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

Lee & Associates Illinois Hires Terry Grapenthin As Principal

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

Governor Quinn Announces Illinois is the Nation’s Top Green Building State

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

‘Defense Area’ Redevelopment Brings Housing and Jobs to Madison County

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.

Stan Sieron receives award for political leadership from the Illinois Association of REALTORS®

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.”

Illinois State Fire Marshal Warns Of Carbon Monoxide Poisoning Dangers

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.

Pircher, Nichols & Meeks Hires Susan Kim As Of Counsel

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

Callan named Illinois REALTOR® of the Year for outstanding industry leadership, service

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®.

Lee & Associates Illinois Promotes Rick Scardino to Principal

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.

State Expands Affordable Housing Options for Individuals and People with Disabilities in Oak Park

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

Illinois home sales climb again in December

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

IEMA Encourages People to Test Homes for Radon During Radon Action Month in January

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.

Federal Grants to Help IL Homeowners Afford Critical Repairs

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.

Noted political observer Paul Lisnek to address REALTORS® policy group

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.

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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.

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How to Evaluate if Managed IT Services Suit Your Real Estate Business

How to Evaluate if Managed IT Services Suit Your Real Estate...

Technology has become a cornerstone for businesses, playing a crucial role across industries, including real estate. Whether managing property listings, ensuring seamless communication with clients, or safeguarding