chicago: Real Estate Trends - Chicago Neighborhoods Of: Wicker Park, Bucktown, Noble Square and Ukrainian Village
- 10/28/10 06:49 AM
I wanted to shed some light on real estate trends in the neighborhoods surrounding where I live of Bucktown, Wicker Park, Ukrainian Village and Noble Square. It is easy to get caught up in the real estate news du jour, but let's step back and see how these neighborhoods have performed over broader periods of time.
First, the valuations over the last 10 years. This chart really highlights why real estate typically isn't a short term investment. In fact, if you bought 10 years ago, values are still above 2001 pricing.
Noble Square Zillow Home Value IndexNoble Square Home Values - … (1 comments)
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chicago: New Price Reduction - 1520 N Bosworth, Chicago, IL in Wicker Park / Bucktown
- 10/04/10 02:00 AM
New Price Reduction - 1520 N Bosworth, Chicago, IL in Wicker Park / Bucktown
2 story home with a fantastic floor plan. Because there are no lofted spaces in the home, it makes all 2460 sq ft of this home usable space and sound doesn't carry throughout. There is so much storage, including two extra storage closets, one in the unit and one outside but still in the buidling. Plus a storage shed outside, great for storing your bike!
Parking spot included.
2 full sized patios!
Many upgrades through, including: Cherry hardwood floors, stainless steel kitchen, steam shower, and full sized … (6 comments)
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chicago: 3 Bedroom 2 Story Home On Border Of Wicker Park and Bucktown In Chicago, IL
- 10/02/10 03:34 AM
If you want to own real estate close to the action of Wicker Park, the boutiques of Bucktown, the great shopping in Lincoln Park, the Kennedy Expressway, and the Division stop on the Blue Line -then you must check out this home located in Noble Square of Chicago, IL. It is a small neighborhood that is tucked away in the middle these more well-known areas. Because it is lessen known, you can get huge price savings, without scarifying location or square footage. This neighborhood is also sometimes referred to as Near North.
This 3 bedroom duplex is a fantastic place to live. It offers many … (0 comments)
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chicago: OMGs from Chicago
- 09/10/08 03:58 AM
The City of Chicago is getting in on the text messaging and alerts phenom.
Visit the Notify Chicago website, and you can sign up to receive texts, emails, or recorded messages in the event of a emergency for your specific neighborhood from the city.
Alerts you can sign up for are: emergency incidents, extreme weather, major planned event, public health notifications and transportation/traffic emergencies.
Just one of the many free services our 10.25% sales tax rate covers! Sign up today and get your money's worth. :)
… (4 comments)
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chicago: Q2 2008 Chicago Real Estate Value Trends
- 08/13/08 04:53 AM
This week Zillow released their 2nd Quarter Home Value Reports, detailing what is happening with home values around the country and in the Chicago metro.
When you look at greater Chicagoland, overall homes experienced a 7.3% year over year decline in value. The up side to this is that if you have owned your home for more than 5 years, overall we are still up 2.3% (which is a lot better than what other US metros can say).
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chicago: New Zip Code Changes in Wicker Park (60622) and Loop (60610) Chicago Neighborhoods
- 07/14/08 02:02 AM
These new zip code changes are important to note if you have any property alerts set up by zip code. If you don't update your search criteria, you could miss out on whole neighborhoods for which you were previously getting information.
Starting July 1, 2008, 13,200 homes in 60622 and 60610 got new zip codes reassigned to them. In 60610 (Old Town/Loop area), people living on West Chicago Ave and south of there will now be 60654. And in 60622 (Wicker Park/Ukrainian Village/East Village area), those living east of Ashland Ave will now be 60642 (occasionally referred to as Noble Square).
Postal … (3 comments)
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chicago: Wrigleyville Summerfest - This Weekend In Chicago!
- 06/13/08 04:43 AM
If you live in Chicago, you know street festivals in the summer are HUGE here. Almost every weekend you can visit a different neighborhood's festival, hear good music, drink cold beverages and just enjoy being outside.
This weekend (June 14th) is Wrigleyville Summerfest, the festival that my church puts on every year. The weather can really determine the attendance and this year it looks like we are again are going to blessed with great weather. So for all you Chicagoans that have cabin fever from the long winter we had, come out and enjoy the activities, which can all be found … (0 comments)
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chicago: Thailand here I come!
- 03/12/08 01:23 AM
Tomorrow I am off on vacation for 2 weeks to visit Thailand! I can't wait. We are spending a few days in Bangkok and then heading to Phuket for a week. Thank you to all the AR's who have sent me pictures and tips to help prepare for the trip.
Here are 10 things I don't want to think about while I am gone:
- Shoveling snow.
- The crappy winter weather we have had in Chicago this year. (On track to be the 4th snowiest ever)
- Blogging (Sorry, but I need a break).
- The Transfer Tax Situation going on in Chicago right … (17 comments)
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chicago: Chicago Tax Update - Closing By March 31 Doesn't Guarantee You'll Avoid The Tax Increase!
- 03/10/08 08:40 AM
Recently Chicago home buyers got hit with a 40% increase in Transfer Stamp Tax. After April 1, instead of paying $7.50 per $1000 when you close on a property, it will now cost you $10.50 per $1000 of the purchase price. This new tax rate is to go into effect April 1, 2008.
The news of this tax increase spurred some buyers to hurry up, get an offer in and close by this magic date. Seems logical that if one were to close before April 1, one would avoid the additional $3 per $1000, right? Not so fast, I just learned.
I … (9 comments)
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chicago: Chicagoans- Buy A House Before April 1 and Save Big $$$
- 02/08/08 07:21 AM
Despite attempts to block the bill by local and state Realtor organizations, the Mass Transit Tax was approved this week by the Chicago City Council.
In Chicago, Buyers are required to pay $7.50 per $1000 of purchase price for a Real Estate Transfer Tax. After April 1, this Transfer Tax is going to increase 40% to $10.50 per $1000.
The latest numbers available from Zillow (Q3 2007), show the average home in Chicago sold for $242,000. If you buy this average priced home pre-April 1, your Transfer Taxes will be $1815. If you buy this same home post-April 1, your Transfer Taxes will … (4 comments)
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chicago: Chicago Taxes Getting Out Of Control
- 01/18/08 12:18 AM
The City of Chicago is pricing us out of here! I hate to rant on a Friday, but the most recently passed legislation infuriates me to no end.
In the last year, here are the major additional taxes that we have been hit with (on top of all sorts of other little increases in fines, fees and taxes that come out of the woodwork ever time I pay a bill):
1) Chicago Mass Transit Tax,part 1- This ridiculous circus act of legislation has been going on for months. Yesterday, they finally got resolution which involves the Real Estate Transfer Tax (which buyers … (8 comments)
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chicago: Great Video About Wicker Park
- 09/13/07 01:19 AM
I live in Wicker Park (Chicago, IL) and absolutely love it. The mix of people here is terrific- from artists to professionals to families. Overall, the neighborhood has a great vibe. I found this video DreamTown Realty put together for the neighborhood and wanted to share it. Enjoy! If you have any questions at all about the neighborhood, please let me know and I will be happy to discuss them with you.
http://search.realtyproducer.com/neighborhoodVideo.do?m=get&vid=0011
Also, check out the Wicker Park / Bucktown Chamber of Commerce website at http://www.wickerparkbucktown.com/.
And lastly, check out http://www.wickerpark.com.
… (0 comments)
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chicago: Zillow's Second Quarter Trends Reports - Chicagoland Stastics
- 08/13/07 09:30 AM
Today Zillow came out with our quarterly home value data for the second quarter of 2007. Data is calculated as the median of all of the company's home-value estimates across the country I pulled out some data specifc to the Chicagoland metro area. If you are interested in recieving the full excel spreadsheet on all data for the area, email me and I will send it to you.
Home Type Breakdown:
… (0 comments)
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chicago: Q1 2007 Zillow Market Trend Reports - Chicagoland Highlights - Congrats if you bought in Stony Island
- 05/08/07 01:52 AM
Each quarter Zillow publishes a report using the data on the site to site trends across the country. Since I am a Chicago girl (and a Zillow employee), I wanted to highlight some interesting data the report found on the windy city metro.
Appreciation in the Chicago metropolitan area (Chicago-Gary-Kenosha, IL-IN-WI) was relatively flat (0.94% year-over-year), which was more promising than the national average of - 0.83% YoY McHenry, Will, Du Page and Cook Counties all showed positive YoY appreciation, while Lake, Kane and De Kalb Counties depreciated year-over-year The cities of Maywood, Hometown, Countryside, Homer Glen and Burbank all showed … (0 comments)
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chicago: Zillow Education Session for Chicago Brokers and Offices
- 04/11/07 03:06 AM
Part of my responsibility as Market Manager for Zillow in Chicago is to educate Agents and Brokers about the marketing tools on Zillow available for them to use (most are free!). I have done a handful of presentations at very reputable offices/brokerages and gotten positive responses. Even skeptical Agents walked away from the presentations feeling like there were some tools on Zillow they could implement in their business plans.
If you would like to schedule an office presentation or just want discuss how Zillow can work for you on the phone, please feel free to get in touch with me and we … (0 comments)
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chicago: Supra Theft leaves homeowners Supra mad
- 04/02/07 11:08 AM
As you can see from my previous post, I was in Seattle last week. It was a great week at the Zillow headquarters, getting together with the sales team and meeting the new VP of Sales.
While I was watching TV one night, a local news story caught my attention. Thieves were breaking open Supra boxes (which apparently isn't that hard to do), getting the keys to unoccupied homes, and stealing possessions. Yikes! There have been quite of few of these types of thefts in the area lately.
One of the ways agents are trying to protect themselves and the homeowners from … (4 comments)
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chicago: We did it Chicago!
- 03/22/07 04:43 AM
I was biking over the Chicago river this morning and there must have been 30 new ducklings in the water, learning how to swim (I think that is what they were). As I kept going, I passed the Home Depot and saw their employees setting up displays of pansies, bulbs, and perennials. With the sun at my back (note- a back not covered in a winter coat) I headed home, suddenly anxious to see how my own little garden was coming. To my surprise, dirt that was covered in snow only last week, now has a few stems starting to spout- … (1 comments)
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