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Bucktown : Real Estate Advice

  • All34
  • Local Info3
  • Home Buying13
  • Home Selling5
  • Market Conditions1

Activity 29
Tue Aug 23, 2016
Vabad answered:
I have a 3 flat bldg. with finished bmt. and detached garage that needs renovation. HUD approved contractor is required. Please advise.
0 votes 14 answers Share Flag
Thu Apr 14, 2016
Edintuen asked:
Tue Oct 6, 2015
John Meyers answered:
Because of Fair Housing Laws, we can't answer that question. -- However, I always recommend that you visit the area on your own and see if it fits your needs. -- For example, if you will be getting home on the EL around 6:00pm, go there at that time to see if you feel safe. -- Most EL stops have added security these days, however, you should always practice safe habits wherever you travel. -- To learn more, just call me at 847-533-7115 or email MeyersRealty1@gmail.com. Thanks, John ... more
0 votes 10 answers Share Flag
Tue Oct 6, 2015
John Meyers answered:
No problem Eileen. I would be happy to help. You just need to hire me as your realtor first. :-) -- Just call me at 847-533-7115 or email MeyersRealty1@gmail.com. Thanks, John
0 votes 2 answers Share Flag
Tue Sep 1, 2015
Alan May answered:
North Boundary: 2400 N. Fullerton
South Boundary: 1600 N. North Ave.
East Boundary:1500-1800 W. Kennedy Expressway
West Boundary: 2400 W. Western
0 votes 1 answer Share Flag
Mon Apr 20, 2015
Caleb Hart answered:
I agree that you should probably get that confirmed before you make any decisions. I would also talk about masonry contractors about that. They would be able to tell you what kind of outlook their business has. Then, you can make some decisions based on what they say. http://www.mweissmasonryinc.ca/en/ ... more
0 votes 4 answers Share Flag
Sun Mar 22, 2015
Kim Katsenes answered:
I practice Real Estate in the far S.W. Suburbs and the Buyers are out in full force. The demand is there however, like many states, we are experiencing very low inventory. Many of the Sellers I spoke with last year and this year, still seem to be sitting on the fence about listing hoping to gain more traction with their equity growth; although many may be surprised to learn our area has made significant value gains year over year. If interest rates do go up, I agree that this will motivate many to move forward and list as well as buy. What I have been communicating to my Seller clients, is that if interest rates go up they could potentially shrink their pool of buyers. A +1% raise in rates would mean a much higher monthly payment for buyers. 1% seems insignificant but on a 250K property today at 3.66% the P&I would be $1145 and with housing prices rising, that same home at $260K at 4.5% the P&I would rise to $1317/month. That's a difference of $172./month this would be enough to shrink the buyer pool significantly, especially 1st time buyers and perhaps Millennial buyers? ... more
0 votes 8 answers Share Flag
Fri Mar 20, 2015
Ron Krauch answered:
An old question, but one still heard from buyers...

Asking price may well be spot-on. Then again, it may be way off. So, in either case, basing an offer solely on a percent discount off asking really doesn't say if the offer is what the market will bear.

Seek guidance from a Realtor who works in the market area. They will guide you to arriving at the value. From there, price AND terms will affect how likely an offer is accepted. An extreme example is a cash offer of $153,000 in your example versus an offer of $1,000,000... paid at a rate of $1.00 per year for 1,000,000 years.

Ron Krauch - SRS
Managing Broker
Emerald Estates Realty, Inc.
Palos Heights, IL 60463
... more
0 votes 3 answers Share Flag
Thu Mar 12, 2015
Noah Seidenberg answered:
operafan You need to speak with a commercial Realtor who specializes in this type of transaction
Call me at Coldwell Banker Evanston and I can give you some leads.
Best I can do.
0 votes 4 answers Share Flag
Mon Feb 2, 2015
Noah Seidenberg answered:
There are so many different circumstances that the answer is no. You need the help of a professional Realtor who has can use the MLS and a phone to find out what you need.
Sorry but developers can sell in many different ways.
Good luck
... more
0 votes 4 answers Share Flag
Tue Jun 10, 2014
Jeff Nobleza answered:
Call Toska Palmer Jones on this website, she can help you.
0 votes 3 answers Share Flag
Fri Feb 21, 2014
Matt Laricy answered:
Sun Aug 4, 2013
Carrie McCormick Cindi Sodolski answered:
I have listed approx 50 rentals in Bucktown so far this year and my average 3 bedroom rate is $3,000 per month. The properties are very well upgraded with hardwood, fireplaces, stainless steel appliances, granite, luxe baths. Garage parking. Let me know which building you are looking at.
Carrie@atproperties.com / 312.961.4612
... more
0 votes 10 answers Share Flag
Thu May 23, 2013
Santiago Kensel Sanchez answered:
Work with a realtor , or google metra station
0 votes 11 answers Share Flag
Wed Apr 10, 2013
JIM Michaels answered:
email me at jmichaels@remax.net and I will send you what I have on that one
0 votes 9 answers Share Flag
Wed Feb 6, 2013
Matt Hoyt answered:
depends what stage your in per the contract. The best you can do is get their earnest money in some cases.
0 votes 11 answers Share Flag
Mon Feb 4, 2013
Maja Brajic answered:
The most important thing that agent is commit it to you. Alway available to answer on all your questions. You should feel like you are his only client. Is not so much experience of successful transaction if your agent do the homework and provide you with all important information and is able to fight for your rights you are in good hands. Trust your first instinct. ... more
0 votes 12 answers Share Flag
Wed Oct 31, 2012
Dennie answered:
But what is the city's tax rate? http://www.cookcountypropertyinfo.com/PropertyTaxSystem/Pages/How-The-Property-Tax-System-Works.aspx

The assessor assesses a value on the property which you're free to appeal.

Tax Rate History for this areas
The composite tax rate is the sum of all tax rates of the taxing agencies for a given tax code. Taxes owed are calculated by multiplying the composite tax rate by the equalized assessed valuation of a property, creating a total amount billed.

2011 5.455
2010 4.931
2009 4.627
2008 4.816
2007 4.994
2006 5.302
... more
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