Archives

SPRINGFIELD, IL - July 12, 2011 - (RealEstateRama) -- SPRINGFIELD, Ill.—The Illinois Association of REALTORS® (IAR) is investigating a technical error related to inconsistent data reporting affecting sales volume and media price reports for the city of Chicago. This error has resulted in inaccurate median price and sales volume reports for single-family homes and condominiums, in the city, possibly dating back to 2008 when IAR first began reporting city data at the request of the Chicago Association of REALTORS®.

Northbrook, IL - July 1, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased ConocoPhillips property located at 10 S. Randall Road in Algonquin, IL for $5,176,000.

MONMOUTH, IL - June 29, 2011 - (RealEstateRama) -- A retiree raising her disabled grandson, Janice Painter has found something she never thought possible: a new two-bedroom rental home she can afford on her limited income.

Northbrook, IL - June 24, 2011 - (RealEstateRama) -- June 24, 2011)- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 3220 W. 111th Street in Chicago, IL for $7,030,000.

SPRINGFIELD, IL - June 21, 2011 - (RealEstateRama) -- Illinois home sales have been trending positive month-to-month since February 2011 and median home prices have moved up for the last three consecutive months, all good signs for a market working to recover amid lackluster job creation and a restrictive lending environment. According to the Illinois Association of REALTORS® (IAR) latest report, statewide home sales (including single family and condominiums) in May 2011 totaled 9,736 homes sold, up 13.9 percent from 8,546 sales in April 2011; sales were down 16.8 percent from 11,705 homes sold in May 2010.

CHICAGO, IL - June 20, 2011 - (RealEstateRama) -- Governor Pat Quinn has proclaimed June as Homeownership Month in Illinois. Quinn issued the proclamation to raise awareness about state-sponsored affordable homeownership programs and foreclosure prevention assistance available across Illinois to meet the needs of residents in this economy

Chicago, IL - June 15, 2011 - (RealEstateRama) -- The Counselors of Real Estate® (CRE®) Consulting Corps team traveled to New Orleans the week of May 23 at the invitation of the Orleans Levee District Non Flood Protection Asset Management Authority to create a Strategic Plan of Action for re-vitalizing and optimizing the South Shore Harbor Marina. The 450-slip Marina property, which includes two terminal/service buildings, has not been fully restored following damages caused by Hurricane Katrina.

SPRINGFIELD, IL - June 2, 2011 - (RealEstateRama) -- Look for the bright blue balloons and open house signs dotting local neighborhoods this weekend as REALTORS® in Illinois and around the country host the nation’s largest open house event, June 4 and 5.

Northbrook, IL - May 31, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Save-A-Lot property located at 63rd and South Calumet Avenue in Chicago for $2,290,000. The 16,290 square foot building is fully leased to Save-A-Lot on a long term basis.

SPRINGFIELD, IL - May 19, 2011 - (RealEstateRama) -- April marks the third consecutive month of home sales gains in Illinois as low mortgage interest rates and lower-priced inventories add up to affordability conditions not seen in decades. According to the Illinois Association of REALTORS® latest report, statewide home sales (including single family and condominiums) in April 2011 totaled 8,526 homes sold, up 8.5 percent from 7,856 sales in March 2011; sales were down 21.8 percent from the tax credit-bolstered sales gains of 10,897 homes sold in April 2010

Northbrook, IL - May 19, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased PNC Bank property located at 5745 Northwest Highway in Crystal Lake for $2,675,700. The 3,216 square foot building is fully leased on a long term basis to the investment grade rated bank.

EUGENE, OR - May 17, 2011 - (RealEstateRama) -- With new clients added daily, IDX, Inc. announces the latest real estate professional to adopt the customizable IDX Broker software: Chicago, Illinois Realtor Luke Krysztofiak. Agents and brokers alike can experience an unprecedented level of access to Midwest Real Estate Data (MRED) listings with the newly IDX enabled website Krysztofiak hosts. His IDX solution gives Krysztofiak the ability to seamlessly integrate thousands of listings onto his search page, revolutionizing the way potential buyers search for and find properties online

SPRINGFIELD, IL - May 17, 2011 - (RealEstateRama) -- The REALTOR® Nationwide Open House Weekend is just around the corner on June 4-5, but if you’re an Illinois homeowner with a home to sell this spring, there’s still time to jump on the bandwagon and get your home “open house ready” for this high exposure weekend.

SPRINGFIELD, IL - May 10, 2011 - (RealEstateRama) -- Illinois home sales in the first quarter of 2011 reflect the variety of housing opportunities available at attractive prices across the state with close to 70 percent of homes sold priced below $200,000. According to the Illinois Association of REALTORS® (IAR) first quarter 2011 report, Illinois home sales (which include single-family homes and condominiums) totaled 18,940 in the first quarter, down 11.2 percent from 21,320 home sales in the same period a year ago while up significantly by 24.0 percent from the same period in 2009 when just 17,194 homes were sold. The first quarter statewide median home sale price was $131,175, down 8.9 percent from $144,000 in the first quarter of 2010. The median is a typical market price where half the homes sold for more, half sold for less.

Oak Brook, IL - April 29, 2011 - (RealEstateRama) -- Access Media 3, a leading provider of triple-play media services (high-speed internet, satellite TV and voice) to multi-dwelling unit properties, has secured $3 million in new financing from the Hinsdale Bank and Trust Corporation, one of 15 Wintrust Community Bank charters. These funds will support the rapid growth underway at AM3 including the expansion of service in its existing markets in metropolitan Chicago and Minneapolis/St. Paul.