August 2010

Found 5 blog entries for August 2010.


Residents of the West Loop neigborhood now have the short remainder of summer to enjoy the neighborhood’s newest attraction, Adams & Sangamon Park. With an overall price tag of $19.5 million and planning in the works since early 2008, there’s little doubt you’ve heard of the Chicago Park District’s newest recreational beauty, but now adults, children and pets alike finally get to enjoy it. Upon entering, park-goers have the opportunity to walk through oversized semi-squares which are tilted and strategically placed adding a very attractive, modern design aspect to the 2.3 acre space. At first glance, this artistic entry way appears to be something one might see in the latest animated 3-D movie, but if that’s not enough to attract the little ones, perhaps

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With the housing market down and the economy in a slump, many real estate agents have turned to the rental market to maintain their presence in the industry. One agent recently told me that nearly a third of his income now comes from doing rental business. So if you happen to be in the market for a new apartment or rental property, whyDowntown chicago apartments for rent not turn to a full time professional Realtor for help?

One advantage renters now have due to the recent housing struggles is that many real estate agents are more willing to take on such business, whereas before, it was mainly up to the consumer to research apartment buildings and the policies each entail. Also in today’s market is the questionable option of using an apartment locating service. Now it’s certainly

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chicago_dog_friendly_real_estateDid you know that Americans own approximately 77.5 million dogs? That’s more than double the population of New York, Los Angeles, and Chicago combined! Thirty-nine percent of U.S. households own at least one dog and of those owners, twenty-four percent own two dogs. And if you happen to reside in an urban environment, like Chicago for example, choosing the right home may not only have to fulfill your requirements, but your dogs’ as well. And for the majority of would-be homeowners, a dog-friendly environment will almost always outweigh all other factors.

Believe it or not, for dog owners, shopping for a condo or apartment is just like shopping for a new couch or new carpet. One of the first questions usually won’t be linked to whether it fits your

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According to statistics from Midwest Real Estate Data, LLC, sales and pricing numbers from the end of July 2010 for the Loop, Lincoln Park and Near North Side are as follows:  Chicago’s Loop neighborhood

•             Average sales price: $690,403

•             Average number of properties listed: 295

•             Average number of days on the market: 156

 Near North Side including Gold Coast, Streeterville and River North 

•            Average sales price: $530,742

•             Average number of properties listed: 723

•             Average number of days on the market: 168

 Lincoln Park

•             Average sales price: $604,263

•             Average number of properties listed: 362

•             Average number of days on the market: 174      

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top-dollar-home-715050_320_01Two of Chicago’s most sought after neighborhoods have seen an increase in median home prices compared to this time last year. The Loop, an area which includes the South Loop, Printers Row, the Loop and Streeterville, shows an increase of nearly 8% compared to this time last year with a price of just over $350,000. Similarly, the Lincoln Park neighborhood has also seen a slight jump in the median home price. While not quite as large of a boost as the Loop, median home prices from roughly North Avenue to Diversity Parkway are up 2.5%, arriving at a median price of just under $430,000. One contributing factor can be directly linked to the average length of time properties have sat on the market. These numbers are slightly down from a year ago, enabling

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