Archives

Springfield, Ill. - December 11, 2013 - (RealEstateRama) -- While survivors of the Nov. 17 Illinois tornadoes are making repairs to or rebuilding their homes, assistance from the Federal Emergency Management Agency (FEMA) may be available to help pay for a warm, clean and safe place to stay during the cold winter months ahead.

GURNEE, Ill. - December 10, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has negotiated a $9.16 million sale involving a former Gold’s Gym facility.

CHICAGO - November 18, 2013 - (RealEstateRama) -- Governor Pat Quinn today declared seven counties state disaster areas after severe storms generating tornadoes and high winds ripped across Illinois. Hundreds of homes and businesses have been damaged or destroyed, hundreds of thousands of people are without power, and numerous roads throughout the state have been closed by fallen trees and downed power lines. At least six people are reported dead and dozens more injured

Evanston, IL. - November 8, 2013 - (RealEstateRama) -- HOF Isiah Thomas recently acquired a Class A apartment building in Evanston, IL for investment purposes. The property is located at 525 Kedzie Street. It is a modern designed structure consisting of 20 residential units, 42 parking spaces, and 2 commercial spaces. The property was originally constructed in 2007 as a high-end residential condominium building for sale.

WASHINGTON, D.C. - November 6, 2013 - (RealEstateRama) -- U.S. Rep. Dan Lipinski (IL-3) today formally requested that the U.S. Department of Labor and the Bureau of Alcohol, Tobacco and Firearms begin an investigation into the circumstances surrounding the reported Nov. 4 blast at a Hanson Materials quarry in McCook that damaged nearby properties and alarmed residents throughout the region. In a letter, the congressman asks that both agencies “ascertain whether laws, regulations, and protocols may have been violated” regarding the purchase, storage and use of explosives

CHICAGO - October 21, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced the state’s Preservation Now program will finance the preservation of approximately 600 affordable rental units for seniors and people with disabilities in Chicago and Peoria. The project is expected to create more than 500 jobs and is part of the Governor’s agenda to ensure quality affordable housing for working families, seniors and people with disabilities across Illinois

SPRINGFIELD, Ill. - October 16, 2013 - (RealEstateRama) -- Al Suguitan, CAE, ePRO, GRI, RCE, president and chief operating officer of the Greater Gateway Association of REALTORS®, was named a recipient of the Illinois Association of REALTORS® 2013 Distinguished Service Award. The award honors individuals who have provided outstanding contributions and service to the Illinois Association of REALTORS® (IAR) and their local communities. Suguitan received the award Oct. 1 at the IAR Business Meetings in St. Charles, Ill.

Chicago - October 10, 2013 - (RealEstateRama) -- On Saturday, October 12, 100 associates from home furnishings retailer Crate and Barrel will join with Rebuilding Together, a Safe and Healthy Housing organization that believes Community Starts at Home, to revitalize Maria Shelter and Vincennes Senior Center

WASHINGTON, D.C. - October 3, 2013 - (RealEstateRama) -- REALTOR® Mike Drews of Aurora has been installed as the 2014 Treasurer of the Illinois Association of REALTORS®. He is a Broker-Associate with Charles B. Doss & Co. in Oswego.

Northbrook, IL - October 1, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a single tenant Bank of America located at 2163 North Clybourn Avenue in the Lincoln Park neighborhood of Chicago, Illinois for $6,940,000.

WASHINGTON, D.C. - September 26, 2013 - (RealEstateRama) -- Members of the media are invited to attend the IAR Fall Conference & Expo to meet with Illinois real estate professionals and REALTOR® association leaders and gain perspective on the market and industry trends. Media may attend any session. Find a complete schedule and additional information at www.illinoisrealtor.org/fallconference.

SPRINGFIELD, IL - September 19, 2013 - (RealEstateRama) -- Illinois home sales increased 17.3 percent over previous-year levels in August and median prices increased 13.6 percent, according to the Illinois Association of REALTORS®, closing out the summer selling season on a strong note.

Northbrook, IL - September 18, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Kroger property located at 2701 Columbus Street in Ottawa, Illinois for $2,712,000

Reston, Virginia, - September 13, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. announced that the United States District Court for the Central District of Illinois this week accepted the report and recommendation of Magistrate Judge David G. Bernthal and dismissed a lawsuit filed by Macon County, Illinois and Mary Eaton, Macon County Recorder of Deeds, on behalf of Macon County and other similarly situated counties in the state of Illinois, ruling in favor of MERSCORP Holdings, Inc., Mortgage Electronic Registration Systems, Inc. (MERS) and numerous other defendants.

CHICAGO - August 22, 2013 - (RealEstateRama) -- Governor Pat Quinn today signed a new law protecting Illinois renters in foreclosed multifamily properties. The new law requires those acquiring foreclosed residential property to honor existing leases or give tenants adequate time to make a safe move. This legislation is part of Governor Quinn’s commitment to protecting Illinois families and helping them fight foreclosure