Archive for April, 2018

Chicago Real Estate Market Trends for March 2018

April 29, 2018

Chicago Market TendsNeighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Center, Uptown, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in March 2018 decreased by 18.92% compared to March 2017. The average selling price decreased by 2.87% to $851,534 and the average market time decreased by 7 days or 5.04%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Mar 2018

150

$851,534

97%

132

Mar 2017

185

$876,659

97%

139



Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in March 2018 decreased by 3.41% for the month when compared to March 2017. The average selling price increased 10.84% to $492,398 and the average market time rose 9 days or 11.69%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Mar 2018

1,188

$492,398

99%

86

Mar 2017

1,230

$444,249

99%

77


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in March 2018 dropped 17.89% when compared to March 2017. The average selling price increased 2.92% to $637,863 and the average market time decreased by 3 days or 4.00%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Mar 2018

78

$637,863

98%

72

Mar 2017

95

$619,779

97%

75



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Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

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Schaumburg Home for Sale: 1508 Blandford Court

April 27, 2018

1508 Blandford

Schaumburg Home for Sale
1508 Blandford Court, Schaumburg, IL 60173

3 bedrooms | 2.5 baths | 1,532 square feet | Lexington Fields South
MLS# 09927462

Virtual Tour

Walk Score

1508 Blandford Court

Car-Dependent

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Sunlit brick and cedar split level with full sub basement in Lexington Fields South. Enter the bright porcelain tile foyer which leads to the sunny living room. Separate dining room opens to kitchen with granite counter tops and breakfast bar/island. Beautiful huge family room with gas fireplace and large wet bar. Hardwood floors in the living, dining and family rooms. Three generous bedrooms on the upper floor with two full baths. Master bath has walk in shower. Office, large utility room and half bath on the lower level. Huge finished rec room in basement. Exquisitely landscaped yard with patio, storage shed and maintenance free vinyl fence. HVAC 2016; roof 2010; all replacement windows 2009; 200 amp circuit breaker; sump pump with battery back up. Perfect quiet location close to Woodfield Mall & Busse Woods Forest Preserve. Great schools! Large lovely home that has been well maintain. Beautiful family room, extra office plus full finished sub basement. Exquisite landscaping.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

Chicago Home for Sale: 3145 W Palmer Blvd, Unit 1

April 25, 2018

3145 W Palmer Blvd

Chicago Home for Sale
3145 w Palmer Blvd, Unit 1, Chicago, IL 60647

2 bedrooms | 2 baths | 1,250 square feet | Palmer Square/Logan Square
MLS# 09925104

Virtual Tour

Walk Score

Live on the Park! Palmer Square beauty. A gorgeous high 1st floor front unit on historic Palmer Square overlooking Palmer Square Park and the landscaped courtyard of Palmer Court. Diagonally laid cherry floors and crown moldings highlight this open floor plan with marble mantled gas fireplace, and separate dining area. High gloss cabinets, stainless steel appliances and granite counter tops in the efficient kitchen. Marble baths with whirlpool and separate shower in the master bath. Generous sized bedrooms. In-unit laundry. Walk to blue line el, and all Logan Square shopping, restaurants and attractions. No rental cap.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

Skokie Home for Sale: 5248 Madison Street

April 25, 2018

5248 Madison Street

Skokie Home for Sale
5248 Madison Street, Skokie, IL 60077

4 bedrooms | 3 baths | 3,140 square feet
MLS# 09925110

Virtual Tour

Walk Score

Welcome home to this spectacular brick ranch on a double lot near downtown Skokie. Enter the gracious foyer into the spacious living room with wood burning fireplace leading to the separate dining area. Flooded with light, this space is open and airy. The kitchen has been updated with stainless steel appliances, granite counter tops, full granite back splash, cherry cabinets and built-in wine rack. Hardwood floors, crown moldings and all replacement windows throughout. Two full marble baths with rain shower, body sprays and double sinks on the main floor with a third full bath on the lower level. Three generous bedrooms on the main floor with an additional large bedroom on the lower level. A lovely three season room overlooks the stamped brick patio and large fenced yard. The lower level is fully finished with a huge family room complete with a wet bar and refrigerator. A room sized walk in closet, laundry room and storage complete this exceptional home. Don’t miss it!

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!