Western Springs traditional on the market nearly 4 years

5228 Lawn, Western Springs IL

And wouldn't you just know it? It's showing up as a new listing. Eleven of the twelve "new" listings that I've sampled in the last half hour in Chicago's near-western suburbs have been on and off the market for two or more years.

The 4-bedroom, 6--bath home at 5228 Lawn Ave in Western Springs begin its on-again, off-again, price-reduced odyssey on the market in July of 2007. The current asking price is $1,475,000.

The home is also listed for rent at $6,500 a month.

Property taxes on the home come in at just over $28,000, making the rent vs own calculation look fairly compelling in favor of renting.

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