Tag Archives: Realtor

Bronzeville Real Estate – Sales Analysis – 2019

Bronzeville Single Family Homes Bronzeville Single Family Homes sold well in 2019. A total of 112 homes were sold. This is up 33% versus 2018. The average selling price for a single family home was $486,975. The average selling price … Continue reading

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Chicago Cap Rates by neighborhood – 2015

I analyzed about 1,000 closed transactions of “2 to 4″ unit properties in Chicago. These properties were sold during the 6 month period ending Nov 15th 2015. This analysis should give you a good idea of current cap rates in … Continue reading

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CHICAGO PROPERTY VALUES: 2011 vs 1994

CHICAGO PROPERTY VALUES: 2011 vs 1994 The Chicago magazine recently featured an interesting article on Chicago Real Estate values. They compared today’s property values to property values from 1994. The results were mixed. Thanks to the Great Recession, 1 in … Continue reading

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FHA Approved Condos

Many potential buyers don’t realize that most condos are NOT FHA approved. FHA prefers to insure loans on single-family homes, two-to-four unit properties, and some mixed-use properties. So in order to buy most condos, you will have to use conventional … Continue reading

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West Loop Real Estate Analysis

Now let’s take a look at the West Loop Real Estate market. The West Loop is a very popular neighborhood. Much like the South Loop, I feel that this area is an excellent area to invest in. This is because … Continue reading

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My first trip to Europe

Chicago Real Estate is a real bargain My first trip to Europe was a real eye opener. I used to think that prices in Chicago were a little high. But, when I went to Ireland a couple weeks ago, I … Continue reading

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Chicago Condo Rentals – Lincoln Park, Loop, Bronzeville

The condo rental market in Chicago is strong right now. The condo rental market has benefited from the slowdown in Real Estate Sales. Some potential buyers are delaying purchases for a year or two. Renting a luxury condo may allow … Continue reading

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Chicago Home Prices are weathering the storm

Chicago Home Prices are weathering the storm The Illinois Association of Realtors released the sales data for July 2008. In the city of Chicago, sales prices remained steady vs. July 2007. Even though the number of transactions were down significantly, … Continue reading

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Lincoln Park Real Estate Stats

Lincoln Park Real Estate Stats Now let’s take a look at the ever popular Lincoln Park neighborhood. Lincoln Park has definitely weathered the real estate storm. Now granted, sales are probably off 15% compared to last year, but keep in … Continue reading

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