Archive for August 2012

Mies van der Rohe's McCormick House in Elmhurst

The Robert McCormick House in Elmhurst is one of only three single-family residences designed by Mies van der Rohe in the United States. Built in 1952, it’s celebrating its 60th anniversary this year, but not as a home. In 1994 it was taken apart and reassembled at Wilder Park in Elmhurst as part of the... Read more »

Low vacancy rates, stagnant rents at Naperville / Aurora apartments

According to an Appraisal Research Counselors study, reported recently in Crain’s, suburban apartment complexes in the Chicago area had the lowest vacancy rates in nearly five years and the highest rent levels ever. Naperville / Aurora had the highest occupancy rate, at 96.9%, of all of the Chicago submarkets. Despite the low vacancy rate, net... Read more »

Real estate agents often lie about their credentials

The Realtor Code of Ethics requires Realtors to be truthful in their dealings with the public. One specific injunction is that they not use professional designations which they’re not entitled to use. Standard of Practice 12-13 of the Realtor Code of Ethics provides: The obligation to present a true picture in advertising, marketing, and representations... Read more »
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Fifteen Oak Park two- and three-bedrooms at and under $100K

Stable, leafy, sought-after Oak Park hasn’t been immune from the price devastation that’s plagued condominiums in many of Chicago’s suburbs. A search for two-bedroom or larger properties in Oak Park priced at or under $100,000, for example, surfaces fifteen choices. Eleven 2-bedroom, 1, 1 ½ and 2-bath condos are priced from $46,800 to an even... Read more »

A west suburban real estate news roundup

If you’re homeward bound to Chicago’s western suburbs, the local media can help you learn the flavor of the different communities and keep you up-to-date on real estate news. Not all of the recent stories linked below qualify as actual “real estate news,” but they may affect your decision on where to move. St Charles... Read more »

Tour week – a drive through Elmhurst neighborhoods

While I’m away on vacation this week, I’m dipping into the archives to show you around parts of Chicago’s western suburbs we haven’t visited in a while. Our tour today focuses on Elmhurst, and our guides are Tom Makinney and Maria Gracik from Koenig & Strey’s Gracik Makinney Group. Tom and Maria are both long-time... Read more »
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Tour week – a drive through Western Springs, the Mayberry of the western suburbs

While I’m away on vacation this week, I’m dipping into the archives to show you around parts of Chicago’s western suburbs we haven’t visited in a while. “It’s not the town for you if you want to be anonymous,” says Ann-Marie Hickey about Western Springs, which has been her home for the past 20 years.... Read more »

Tour week – a drive through Clarendon Hills with Mike McCurry

While I’m away on vacation this week, I’m dipping into the archives to show you around parts of Chicago’s western suburbs we haven’t visited in a while. We begin with a drive around Clarendon Hills with Coldwell Banker’s Mike McCurry, whose office we visit in the above video. Mike is an agent with Coldwell Banker... Read more »

A Nantucket-style home in Elmhurst's Lincoln School District

This six-year old home has an open floor plan with a first-floor office off the living room, a generously sized kitchen that opens to the family room and a breakfast area. The bedroom level of the home is outstanding, with four large, well-separated, bright corner bedrooms and 3 full baths, including the master. There’s a... Read more »
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CoreLogic index finds home prices up nationwide, down in Chicago metro area

The following news release from CoreLogic outlines the state of the housing market in June 2012: Home prices nationwide, including distressed sales, increased on a year-over-year basis by 2.5 percent in June 2012 compared to June 2011. On a month-over-month basis, including distressed sales, home prices increased by 1.3 percent in June 2012 compared to... Read more »