Patriot Place nearing a sellout in Bolingbrook
When you turn east off of Essington Road onto Francis Scott Key Blvd or Patrick Henry Pkwy in Bolingbrook, you’re in Patriot Place. The Ryland Homes’ subdivision’s other streets are John Hancock Dr and Betsy Ross Pl. Only a few homes remain for sale at Patriot Place, and several were just listed in the MLS... Read more »
Suburban rents at an all-time high
Chicago Real Estate Daily is reporting, based on data from Chicago-based Appraisal Research Counselors, that rents and occupancy rates showed solid quarter-over-quarter and year-over-year increases in Chicago’s suburbs. The overall data, however, includes varying performance in different sub-markets. The Naperville / Aurora market, for example, had a high 96.6% occupancy rate but was able to... Read more »
Sixteen new floor plans debut at Geneva's Mill Creek
ShoDeen Residential‘s Mill Creek in Geneva is a planned community that spans more than two square miles and includes over a square mile of open space. A variety of Kane County planners and officials give you an overview of ShoDeen’s approach to a master-planned community in the above video, which also serves up a good... Read more »
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Condo-style amenities planned for new Lisle apartments
Opus Development recently issued a news release announcing plans to build a 310-unit luxury apartment complex, to be called Arboretum Landmark, in Lisle. According to the news release: Arboretum Landmark will feature condo-style amenities, including an outdoor heated swimming pool, relaxing patio area, communal gas grills, outdoor fire pit, fitness center, access to the building’s... Read more »
Chicago-area home prices stabilized, sales volume rose in April
RE/MAX Northern Illinois has just released its April market report for the Chicago metro area: April home sales activity in the metropolitan Chicago real estate market was characterized by rising sales and firmer home prices, according to an analysis by RE/MAX. Combined sales of attached and detached homes in the seven-county metro market totaled 6,771... Read more »
Downers Grove takes a beating on home purchase
Individual homeowners in Downers Grove aren’t alone in seeing the value of their homes fall over the past several years. The Village of Downers Grove has seen the value of a home it purchased fall by more than 50%. The Village purchased the home at 5237 Benton Ave for a reported $463,000 for the construction... Read more »
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Chicago metro prices down, national prices up per CoreLogic
CoreLogic has released its March Home Price Index report which shows that nationally home prices, including distressed sales, declined on a year-over-year basis by 0.6 percent in March 2012 compared to March 2011. On a month-over-month basis, home prices, including distressed sales, increased by 0.6 percent in March 2012 compared to February 2012, the first... Read more »
Frank Lloyd Wright Home and Studio changes ownership
According to a recent news release from the Frank Lloyd Wright Preservation Trust: The Frank Lloyd Wright Preservation Trust and National Trust for Historic Preservation announced today that the Preservation Trust has assumed ownership of the Frank Lloyd Wright Home and Studio from the National Trust. This transfer of ownership marks a new chapter in... Read more »
St Charles residents opposed to latest development proposal
St Charles residents, according to a recent Daily Herald report, aren’t greeting a revised development proposal from Lexington Homes with warm enthusiasm. The Daily Herald relates that “neighbors are already viewing the proposed changes as near-complete contempt by the developers for the notion of coming back with a true compromise.” I think it’s safe to... Read more »
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New Cook County property tax site is a must-see
The new Cook County Property Tax Portal has gone live, providing easy online access to a variety of property tax information through a single website. The site is the result of cooperation among the elected county officials who take part in the property tax system. The aspect of the site with the greatest impact is... Read more »
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