Stacy Karel

I'm a:	Real Estate Professional
Location:	Chicago
Web sites:	Search the MLS... www.CONDOChicago.com
	Biltmore Court

64 Answers
26 First Answers
25 Useful Answers

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About Me

Stacy entered the real estate business after a career in sales and marketing in the professional services and financial services software industries. She has a MBA from the Kellogg School of Management, and has been an active real estate investor for the past 15 years, purchasing and selling properties in Chicago and Phoenix. She is the number one agent at her office- Keller Williams Chicago Properties- located in River North and has one of the best independent sites on the web- http://www.CONDOChicago.com. Stacy enjoys helping her clients purchase and sell condos, townhomes, single family homes and investment properties in Chicago and is the developer of a townhome project in Phoenix- http://www.BiltmoreCourt.com

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Stacy Karel's Questions (0)

Stacy Karel's Answers (64)

What was 1715 N. Wells St. #36 sold for?

Asked Sun Aug 31 2008, 18:59 by P. Schutt - 60614 - Home Buying - 2 answers

Stacy Karel answered:

925000 on 8/15/08 was the closed price - Sun Aug 31 2008, 19:24

What is the difference between a legal and illegal garden apartment in chicago?

Asked Fri Jul 25 2008, 03:03 by Darin - 60613 - General Area - 3 answers

Stacy Karel answered:

Also a low ceiling height and not having entrances/exits at both ends of the unit may make it illegal. Some owners that know they have an illegal apt may market it as an "in-law" or related family living space. Technically, no rent can be collected. - Fri Jul 25 2008, 06:45

We have a deadbeat in our association who owes assessments and late fees. Now he's listed his property and

Asked Thu Jul 24 2008, 18:53 by Samantha - Chicago - Quality of Life - 9 answers

Stacy Karel answered:

It wouldn't hurt to call the agent representing the property to let them know that his or her seller will have difficulty getting the paid assessment letter because they are in arrears. - Fri Jul 25 2008, 01:00

What do you do, concerning your loan, when you rent your condo out as an investment property after living?

Asked Wed Jul 23 2008, 08:13 by Cookie - Chicago - Financing - 7 answers

Stacy Karel answered:

For all practical purposes... do nothing...except pay your mortgage on time! If you have to refinance and already have another residence you will have to come clean. - Wed Jul 23 2008, 09:25