Market Conditions in Near North Side : Questions & Answers

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Michael Rose…, Real Estate Pro in 60654
Michael Rosenblum answered:
10 E. Delaware st, chicago
What specifically would you like to know about the Lucien Legrange design building - 10 Delaware?
0 votes Share Flag Sun Mar 9, 2014 Market Conditions in Near North Side
Cindy Wilson, Real Estate Pro in Chicago, IL
Cindy Wilson answered:
Hi, please tell me more about this property. I plan to buy a house three months ago...
Either a fake or a completely inaccurate listing. If you're in WA state, you need to do more than use the Internet to find a home, as many of these low-priced listings are bogus or inac ... more
0 votes Share Flag Sat Jul 20, 2013 Market Conditions in Near North Side
Carmen Rodri…, Real Estate Pro in Chicago, IL
Carmen Rodriguez answered:
What is the best way to know the market values, and/or number of the active, pending closed sales in an area.?
If you are currently working with a real estate broker they can provide this info to you in the form of a comparative market analysis or some customized report featuring the parameters ... more
0 votes Share Flag Thu Jun 6, 2013 Market Conditions in Near North Side
Andy Ogorzaly, Real Estate Pro in Oak Park, IL
Andy Ogorzaly answered:
Compables are used differently by buyer's and seller's agents. How?
Well buyer's agents tend to look more at closed comps, whereas seller's agents tend to look at active, contingent and closed. While you should look at everything to get a better unders ... more
0 votes Share Flag Wed Jul 11, 2012 Market Conditions in Near North Side
Andy Ogorzaly, Real Estate Pro in Oak Park, IL
Andy Ogorzaly answered:
Is a south facing condo with plenty of sunshine provide greater value than one that is not?
Everyone buys condos for different reasons. If the view is fabulous, then it may not really matter. What people must realize about south views is that the real heat of the sun is goin ... more
0 votes Share Flag Wed Jul 11, 2012 Market Conditions in Near North Side
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
What are the HOA fees?
Work with a Realtor to assist you in this process of purchasing a condo. Their expertise is invaluable.

As per 222 E Pearson Unit 1003

Listed at $199,900
HOA = $362/mo
Taxes = $ ... more
0 votes Share Flag Mon Jul 9, 2012 Market Conditions in Near North Side
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
Why should a condo with 3 Bed and 3 BA sell for the same as a 2 Bed 2 BA with the same square footage and approx. floor plan?
If the 3 bedrooms are considrably smaller in size than the 2 bedrooms and if the condition of the 2/2 is better than the 3/3, then the similar price can be justified.
0 votes Share Flag Fri Jun 8, 2012 Market Conditions in Near North Side
Bill J Delig…, Real Estate Pro in Chicago, IL
Bill J Deligiannis answered:
How does lack of inventory, e.g. only one of a kind in a building location affect comps? Comps that are sold and no longer available as inventory.
Look at comps in the area and compare condition, size, and amenities.
0 votes Share Flag Fri Jun 8, 2012 Market Conditions in Near North Side
Alexander Ha…, Real Estate Pro in Chicago, IL
Alexander Harb answered:
How long will prices keep dropping in downtown Chicago and what %?
I think another question is this: How long are you going to be living in the condo? If you are planning to live in this property for more than 3 years, you will have a price appreciatio ... more
0 votes Share Flag Wed Dec 23, 2009 Market Conditions in Near North Side
Michael Mich…, Real Estate Pro in Chicago, IL
Michael Michalak answered:
What's going on in River North?
I would definitely agree with Scott and Kale on this one. Not knowing what you paid for your home 4 years ago, I would estimate it will be hard to realize any profit on it. If you ... more
0 votes Share Flag Sun Nov 29, 2009 Market Conditions in Near North Side
Kale Realty, Real Estate Pro in 60607
Kale Realty answered:
How many units are currently for sale in 512 N McClurg/River East?
Hi

Currently Feb 6th the MLS shows 25 listings from $220,000-$599,000 including 5 rentals. In terms of REO I have seen more at the 440-480 McClurg building and 345 Lasalle. Feel fre ... more
1 vote Share Flag Wed Feb 6, 2008 Market Conditions in Near North Side
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