Author Archives: Mark Killion

About Mark Killion

My name is Mark Killion. I am a licensed Real Estate broker in Chicago. I work with Kale Realty. I specialize in rentals and investment properties. I am here to serve you! Send me a note! Visit me online: www.773property.com

Great Mural in Kenwood – Chicago

This beautiful mural is on the side of a school in Kenwood Chicago… Dr. Martin Luther King Jr. meets President Obama.
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Commercial Property vs. a Ferrari

I was taking a picture of the James Thompson center downtown. As I snapped the picture, I noticed a Ferrari driving by.
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Security Deposit Interest Rates in Chicago for 2012

Security Deposit Interest Rates in Chicago for 2012 The City of Chicago Residential Landlord and Tenant Ordinance (RLTO) requires the City Comptroller to set the rate of interest to be paid on security deposits held by landlords. The rate is … Continue reading

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2011 Real Estate Sales Analysis – Bronzeville Chicago

Hey there. I just wanted to give you an update on real estate activity for the Bronzeville area. Continue reading

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The Gospel Fest is coming to Bronzeville

This summer, Bronzeville residents are in for a real treat. Continue reading

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Short-Sales Explained

What is a short-sale? A short-sale is a type of distressed property sale. It is not a traditional re-sale of a property. In a short-sale, a lender agrees to accept a payoff that is less than what they are owed. … Continue reading

Posted in Beverly, bronzeville, Chicago, Chicago Real Estate, Grand Boulevard, HYDE PARK, Kenwood, Oakland, Pill Hill, short sale, South Loop, South Shore, Tri-Taylor, West Loop | Tagged , , , , , | Leave a comment

Mortgage Forgiveness Act expires at the end of 2012

FYI: The Mortgage Forgiveness Debt Relief Act Expires in 2012… If you are thinking about selling your primary residence, and you are upside-down in your mortgage, do it in 2012 or forever hold your peace…after this act expires, the forgiven … Continue reading

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R. Kelly is selling his mansion – Short Sale style

Photo credit: Cook County Tax Assesor Famed R&B singer R. Kelly has his mansion on the market for sale. It is listed as a short sale. This means that the mortgage on the property is higher than the current asking … Continue reading

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Chicago Alderman Wards and Directory

Chicago Alderman Wards and the city council The city council is the legislative branch of the Chicago government. The city council is made up of 50 elected aldermen. The city is divided into 50 sections which are called wards. There … Continue reading

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Is it a good time to buy Hyde Park Real Estate?

Is it a good time to buy Hyde Park Real Estate? Many times it is useful to review a chart of data to identify trends. I decided to create a chart of selling prices for condos in the Hyde Park … Continue reading

Posted in Chicago, Chicago neighborhoods, Chicago Real Estate, Chicago Rehab, Chicago Relocation, condo, HYDE PARK, Hyde Park Chicago, Real Estate | Tagged , , | Leave a comment