Property, Rentals, Transactions

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

The year’s housing market momentum continues with Illinois home sales and prices posting robust gains in May, according to the Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in May 2016 totaled 16,150 homes sold, up 6.0 percent from 15,237 in May 2015

May xx, 2016 — Local home sales data for April is in and it confirms that the prevailing trends of last year have continued into 2016 with strong positive indicators for the spring home sales season.

The Consumer Financial Protection Bureau unveiled a proposal for a new national rule on payday and car title lending that has the potential to save Illinois residents millions if changes are made before the rule is finalized.

The Illinois housing market accelerated in April with robust home sales and a double-digit year-over-year jump in the statewide median price, according to the Illinois REALTORS

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2001 Milwaukee Avenue in Chicago, IL for $11,275,000

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Bank of America Ground Lease located at 1400 Waukegan Road in Glenview, IL for $6,900,000.

In honor of the 100th anniversary of the Illinois REALTORS®, Illinois Gov. Bruce Rauner and state lawmakers declared April 25, 2016 as Illinois REALTORS® Day. Over the last century, the association has emerged as the leading voice for real estate and private property rights in Illinois