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DePaul : Real Estate Advice

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  • Local Info1
  • Home Buying1
  • Home Selling0
  • Market Conditions1

Activity 7
Sat May 14, 2016
Marypenar asked:
Is it possible for a 501 c 3 to advertise outside of the home they are working out of, considering they are not making a profit (even if the zoning is residential)? All this is in Chicago.
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Fri Mar 27, 2015
Jack Schlenk answered:
Cleaning my desk I found Pitfalls & Possibilities by Lynn Madison 9 pages "NEGOTIATION"
Negotiating Starts before an Offer is Made
What Makes a Good Negotiator?
Setting Expectations
Prepare Your Clients
Counter in writing
Know the Rules
Standard of Practice 1-6, 1-7, 3-6, 1-13,1-15, 3-4,
Listing Not in MLS
Multiple Offers, What can buyers do? What can you do?
Using an Escalation Clause
Tips on using an escalation clause in you offer
A few final thoughts

Get a copy of Pitfalls & Possibilities the data will help you.
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0 votes 20 answers Share Flag
Thu Dec 4, 2014
Myersjulie31 answered:
I think that they could probably rent it out for this purpose, just as long as they have made it clear that they are using it as an office. It will depend on the contract and all the conditions made with the owner. If the owner is fine with it, then I would say it should be fine. However, it might be better for them to be in a location that is near other offices that is more related to business. Then they might get better business and be in a more accessible location. ... more
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Fri Sep 12, 2014
Steve Quintana answered:
A business can rent a house. Business can be conducted from a house. Some businesses are not well suited to residential areas. Each business, house and residential area must be evaluated on its own merits. ... more
0 votes 4 answers Share Flag
Thu Aug 22, 2013
Sabrina Bier answered:
Hi Scott,
I know this is from years ago, but as of 8/22/2013 here is my response:
1920 N Maud just went on the market less then 2 weeks ago for $569k. If your townhome is similar to this one then it will be interesting to see what this sells for and how long it is on the market. Last unit that sold was 1916 back in Nov 2012 for $620,000 fyi.

For a complimentary full market analysis of what your home is worth, please call/email me!

Sabrina Bier
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Thu Aug 30, 2012
Kelvin Wing answered:
Aaron feel free to call us at the 32nd ward Alderman Scott Waguespack office. The Alderman can send the ward superintendent out to the location. He will inspect and if need be fine the building owners. Buildings with more then 4 units must get private garbage/salvage collection. you can also call 311 and report it but most of those sanitation calls eventually get to us anyways. But if you call us we can usually get someone out there that very day or within the next 2 days to inspect. We cannot fine for the firs report though but only if we notice it's a habitual issue, yet our garbage collectors will take a note to specifically check the garbage at this location. Also the ward superintendent will also make periodic checks. If it does continue multiple fines will be forthcoming. Even though this may be after the fact, i'm listing this response here for future resident to see and use as a resource. Also if any of you have problems with potholes, lights, graffiti, abandoned cars, dead trees, call us and we'll try to help fix your situation.

Kelvin Wing
32nd Ward Alderman Scott Waguespack
(773) 248 -1330
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Sun Feb 26, 2012
Michael Vrielink Team answered:
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