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Market Conditions in 60605 : Real Estate Advice

  • All42
  • Local Info1
  • Home Buying17
  • Home Selling5
  • Market Conditions2

Activity 176
Mon Dec 10, 2012
Bill J Deligiannis answered:
Work with a Realtor who will be able to provide you with a Market Analysis.
0 votes 1 answer Share Flag
Fri Aug 2, 2013
Ivan Sagel answered:
Are you a landlord or are you looking for a place to rent?

Best of luck,

Ivan Sagel
312.515.7823
Ivan@atproperties.com
0 votes 7 answers Share Flag
Thu Jan 3, 2013
Matt Laricy answered:
Probably one of the best times in your lifetimes. It is relative to the type of property and area, but now is a great time. Low interest rates, affordable housing, raising rentals, has brewed up the perfect storm for a buyers market. But dont let it pass you up , a sellers market is not too far away in some areas. ... more
0 votes 23 answers Share Flag
Thu Sep 20, 2012
Jorge Vega answered:
When it comes to investing its not all about hot areas. We would really have to find out what your goals, time line and profit margin will be. There are many great areas in Chicago and many investors are making a good living working these areas. Take the time to speak with a couple of Realtors. Good luck! ... more
0 votes 7 answers Share Flag
Mon Oct 29, 2012
Sohail Salahuddin answered:
1. Peak would be March through September however marketed priced correctly, any property will rent.

2. Depends on what you equate as good condition. If you are referring to granite, stainless steel appliances, hardwood floors, etc. then average would be around $1200+ depending on the layout and sq ft.

3. I have to refer you to the local municipality for exact statistics for crimce

Sohail A. Salahuddin | Broker Associate | Visionary

Innovative Property Consultants Team | Sales and Leasing

Jameson Sotheby’s International Realty

425 W. North Ave. | Chicago, IL 60610 


O: 312.335.3230 | C: 312.437.7799 | F: 847.805.6030

www.innovativepropertyconsultants.com

"Locally Known, Globally Recognized"
... more
0 votes 7 answers Share Flag
Mon Jul 23, 2012
Alison Hillman answered:
Hey Mark-

Were you having trouble finding it? It's right here :)

http://www.trulia.com/crime/

To find crime near that listing, scroll down and click on the crimes tab

http://www.trulia.com/property/1084910912-1008-N-Rockwell-St-Chicago-IL-60622

Good luck and be safe!
Ali, Community Manager
... more
0 votes 1 answer Share Flag
Sat Jul 6, 2013
Jay Ruhm answered:
The property is still active in the MLS. Please let me know if I can help you!

-Jay
JayRuhm@kw.com
Direct - (847) 613-5189
0 votes 3 answers Share Flag
Wed Sep 19, 2012
Ivan Sagel answered:
Selina,

It is best to have your attorney read anything before you sign. Most likely, you will lose any earnest money you have commiting yourself to purchasing the property.

Best,

Ivan Sagel
312-515-7823
IvanSagel@DwellOneRealty.com
... more
0 votes 2 answers Share Flag
Fri Jul 13, 2012
Bill J Deligiannis answered:
The association fees are $350/mo. If not doing so already, work with a Realtor to assist you with your search and purchase process.
0 votes 3 answers Share Flag
Sun Jul 15, 2012
Joe Schiller answered:
350 a month and the complex is in court for poor assocaition issues
0 votes 7 answers Share Flag
Mon Jul 9, 2012
Philip Sencer answered:
362/mo, but it faces north which means it has zero view other than another ugly looking building about 100' away.
0 votes 4 answers Share Flag
Thu Jun 21, 2012
Philip Sencer answered:
Not sure they are the only building with those prices, but the whole market has been in the toilet for a few years. 2625 Clark is worse as are some others. I assume you are an owner so the market has picked up recently and so will the values as time goes on. ... more
0 votes 4 answers Share Flag
Thu Oct 11, 2012
Bill J Deligiannis answered:
Prices have come down but it really depends on the location of the condo within Logan Square and the age of the building. Over the last 12 months for example, 7 2br/1.1ba units have sold ranging in price from $50k to $350k. ... more
0 votes 9 answers Share Flag
Wed Jul 11, 2012
Philip Sencer answered:
Yes, 'light' does help. Most buyers like/want it, but I have seen many North facing units that are bright and very nice also. There can be other things that help value and mitigate the lack of light. ... more
0 votes 10 answers Share Flag
Fri Jun 8, 2012
David Hanna answered:
A few of many reasons-
Location, location location.
When you buy a condominium, you are buying more than space. Finishes, views, amenities in the building all relate to the unit.
The financial health of the Homeowner's Association, the amount of reserves, the number of rentals in the building, the overall condition of the common areas / building all create or detract from the value of a unit, including the availability of financing for a purchaser or refinancing options of an owner.

I am sure you will see this list get longer as others weigh in.

Dave
... more
0 votes 9 answers Share Flag
Fri Jun 8, 2012
Philip Sencer answered:
You are asking 2 questions. Supply/demand absolutly affects value either up or down.
While it is nice to only use comps from the same building often this is not possible so appraisers, and folks like you, use similar units in similar buildings nearby and make adjustments for various differences. This is very common. You cannot get too anal about the adjustments you make because there are various levels of emotional or subjective valuation that goes into any analysis by a buyer as well as a seller. ... more
0 votes 5 answers Share Flag
Thu Feb 14, 2013
John Zloza answered:
Hello Lea,

I would have to see your condo to give you an accurate report to the possible value of your home. I do specialize in the South Loop. The market is getting very hot right now. I see a lack of good available units throughout the South Loop.

I did look up recently sale activity in your building for 2 bedroom condos. I know the value of your place is greatly hurt with the number of short sales, foreclosures, and the special assessment that you have in the building. You do have a way out and I can give you several options.

Feel free to call me or email me to set up an appointment.

Good Luck!

John Zloza, Broker Associate
Baird & Warner
Direct/ Cell: 708-935-4997
Email: john.zloza@bairdwarner.com
www.JohnZrealestate.com
... more
0 votes 8 answers Share Flag
Wed May 2, 2012
Sari Levy answered:
I actually just bought for myself in this area. Averages are very misleading but I will tell you that typically you're looking at less than $250/SF and it goes down from there depending upon location and quality. ... more
0 votes 5 answers Share Flag
Tue May 1, 2012
Matt Laricy answered:
We would know which property you are referring to?
0 votes 2 answers Share Flag
Tue May 1, 2012
Paco Aramburu answered:
Shanquell, I will give you access to ALL the properties fromm ALL the real estate Agents, with pictures, prices, features and details. In this website, you'll know, up to the minute, when a property is no longer in the market. No pressure, no sales pitches, just the facts. Give me a call, 773 865-5678 or send me an email paco@jamesonsir.com ... more
0 votes 3 answers Share Flag
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