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South Shore : Real Estate Advice

  • All46
  • Local Info13
  • Home Buying5
  • Home Selling1
  • Market Conditions8

Activity 13
Sun Mar 10, 2013
Randall Lancaster answered:
There is nothing at this moment. I would like to recommend that you utilize my free website at www.idealhomesinchicagoland.com. You will be able to search for properties throughout Chicago and the surrounding areas. My website features up to date information, so you will not be finding homes and properties that are no longer available like on some of the realty websites that you may be using. My website also offers an array of neighborhood and market information that can help you make your determination on homes and locations. My featured partners are industry leaders that can assist you in making any realty transaction easy and transparent. I welcome you to utilize this amazing tool. As always I will be available to answer any questions that you may have. ... more
0 votes 5 answers Share Flag
Tue Jan 22, 2013
David Hanna answered:
$495, unit is sold.
If you want to get real time listings, contact me and we will get you a full MLS search.

Davehanna@realtyexecutives.com 773-732-9123
0 votes 7 answers Share Flag
Mon Jan 14, 2013
Manuel Brown answered:
Dear Spirit,

We are not allowed to comment on crimes. You can go to http://gis.chicagopolice.org/

or http://chicago.everyblock.com/crime/

Manuel Brown, Broker
iMove Chicago
0 votes 7 answers Share Flag
Sat Dec 29, 2012
Broker Martin answered:
0 votes 4 answers Share Flag
Sun Apr 3, 2011
Tony Guisto answered:
It is very nice, I've got a recently remodeled one for sale if you are interested let me know and I could send you pictures.
0 votes 6 answers Share Flag
Fri Aug 16, 2013
Wayne Beals answered:
It's been a while since a one bedroom in this building closed. The two bedroom units that have closed over the last 6 months have closed between $52,475 and $107,000. The prices have slid rapidly in this building, and the assessments have risen steeply.

If you're considering buying, look carefully at the financial condition of the association and look for capital improvement plans and reserve planning. Assessments in elevator buildings can get out of control very rapidly if maintenance and reserve planning are not adhered to.

Otherwise, great location with some great views. It's a great time to buy in South Shore as the prices have moderated greatly.

Call with any specific questions.

Best of Luck

Wayne Beals
Keller Williams Chicago Consulting Group
716 East 47th Street
312-77BEALS
312-772-3257
wbeals@kw.com
... more
0 votes 2 answers Share Flag
Wed Oct 10, 2012
Stacy Karel answered:
19,250 and 20,000. There is a unit Pending at 15,800- do not know the final selling price. These foreclosures will have to clear out...
0 votes 2 answers Share Flag
Fri Aug 16, 2013
Christopher Thomas answered:
Dear Vlad,

The answer really is specific to the particular building you're looking at. There are many tremendous opportunities in the South Shore neighborhood, and there is a quite a large rental market there as South Shore has absorbed a lot of folks who were displaced by the removal of some public housing. In 2007 I was the highest dollar sales volume agent in South Shore, so I'd be happy to help you investigate good buys in that neighborhood.

Call or email me at any time.

Sincerely,
Christopher Thomas
Broker Associate, Sudler Sotheby's International Realty
773-418-0640 (cell)
christopher.thomas@sothebysrealty.com
http://www.myagentchris.com
... more
0 votes 3 answers Share Flag
Wed Aug 20, 2008
Scott Godzyk answered:
Usually you can only pave an an area that is considered a curb cut, i would contact your city hall and ask them what the setbacks are, if you giove your name and address you have just red flagged yourself. expanding a parking area or driveway you already have would be easier and bring less attention. goo d luck ... more
0 votes 2 answers Share Flag
Wed Feb 4, 2015
Kristin Collins answered:
Hi,

I have seen UAS advertised but i have not personally seen any properties that are under their management.

I do hear a lot of good things about MAC Property Management because they seem to do a great job with keeping their buildings clean as well as making sure that there is always a tenant in the units. I have NOT worked with them personally. They are based in Hyde Park but I see properties that are under their managment all over the south side of Chicago.

I got their info for you. Hope it helps:

MAC Properties
Chicago Management Office
1613 East 55th Street, Chicago, IL 60615
Hours: Monday-Saturday: 8-6 Sunday: 11-4
Phone: (773) 548-5077 - Fax: (773) 358-3501
Email: residentservices@macapartments.com

Good Luck!
Kristin
... more
0 votes 3 answers Share Flag
Tue Feb 26, 2008
Ken Dooley answered:
Greg,

A quick search of the Kenwood, Woodlawn & South Shore areas shows apartment buildings greater than 12 units (on average, 20 unit buildings) are listed at $1.1m but this is too vague an analysis due to unit sizes, location and building type for it to be of any use.
The CAP rate is not listed for each property but a good guideline is to focus on buildings with a CAP rate of at least 6.5-7%.
Please provide a more specific area so that accurate and more detailed information can be provided.

Thank you, Ken.
... more
0 votes 1 answer Share Flag
Mon Nov 19, 2007
Patti Pereyra answered:
Hi Roz:

If you are working with a Realtor, she can access the information for you if the sale was an MLS sale.

Otherwise, if the sale occured at least a month ago, you can go to the Cook County Recorder of Deeds website and see the Deed info, which includes the purchase price and grantor/grantees, online: http://www.ccrd.info/CCRD/controller

If you don't have the PIN number, go here first to search for the PIN by address: http://www.cookcountyassessor.com/filings/searchflat//search.asp
... more
0 votes 2 answers Share Flag
Sun Nov 11, 2007
The Hagley Group answered:
You should hire a local Realtor to help you. If you go in to new construction with your Realtor, they are often able to save you money PLUS the builder pays them. At this point, you can either go back to the builder and tell them you have a Realtor....if they say they won't cooperate, move on. Or...pay a Realtor out of your own pocket. ... more
0 votes 9 answers Share Flag
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