Tag: Western suburbs

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 »

A thin supply of new rental homes in western suburbs

We include the following suburbs in a “near west” group for which we periodically scan available rentals: Oak Park, River Forest, La Grange, La Grange Park, Western Springs, Downers Grove, Oak Brook, Oak Brook Terrace, Hinsdale, Brookfield, Berwyn, Cicero and Forest Park. During the past 7 days only 28 homes and condos were newly listed... Read more »

Western Springs is a town where everyone knows everyone

“It’s not the town for you if you want to be anonymous,” says Ann-Marie Hickey about the Village of Western Springs, which has been her home for the past 20 years. “It’s Mayberry.” Ann-Marie is a real estate agent with Realty Executives. After wrapping up a sponsored video shoot at a beautiful home she’s currently... Read more »

A spate of superlatives in Hinsdale for $4,699,900

Start with an architecture firm with aspirations of being “the best design firm in the western suburbs.” Add a builder that touts itself as “one of the premier custom home builders in the Hinsdale area.” Produce a 9,010 square foot, 6-bedroom home with 6 full and 2 half baths in a walk-to-town Hinsdale location. Has... Read more »

Listed a home in Sycamore the other day; didn't know where Sycamore was

I was listening to the radio yesterday as I headed into the city, and heard a real estate agent delivering the all-too-typical babble about working “throughout Chicagoland.” To illustrate her point, the northwest suburban-based agent said “I listed a home in Sycamore the other day; didn’t even know where Sycamore was” before driving out there.... Read more »

Oak Park's turn-of-the-century model homes

When I saw the recent listing for an E. E. Roberts designed home at 315 N Grove in Oak Park, it reminded me of an excerpt I’d seen in the the book titled Oak Park in Vintage Postcards. E. E. Roberts was a prolific designer of homes in Oak Park.  Between the 1890s and the... Read more »

Time to rent a home in Chicago's western suburbs?

The softness in the for sale market has resulted in a proliferation of homes available for rent throughout Chicago’s western suburbs. If you’re relocating temporarily to the area you might consider renting in what some say is a real estate market that hasn’t yet hit bottom. If you’re running a rent vs own analysis you... Read more »