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Feb

5

Sheridan Road

Posted by evanstonilrealestate under For Buyers, General Information

When you think of Sheridan Road what comes to mind? Probably just some major street that runs along the beautiful lakefront. Well, did you know that Congress originally granted Sheridan Road to be used for military puposes during the Civil War? It was used as a road for the military from Fort Dearborn in Chicago to Fort Howard in Wisconsin. Sheridan Road received its named from a Civil War general, Philip Henry Sheridan. He started just as a U.S. Army Officer, but soon became an Union general. Though the battles were exhasting, he still managed to lead his men to many victories. He even protected Chicago after the Great Chicgao Fire in 1871. It was because of his success and leadership in the victories and his many services to Chicago that Sheridan Road was named to honor him. With this well-known road comes many attractions and places of interest such as the Calvary Cemetery, Northwestern University, the Baha™i Temple, Lake Forest College, Ravinia Festival, Plaza Del Lago Shopping Mall, and much more. All of these are great places and attractions, but there is one thing you shouldn™t forget and that is the gorgeous and massive homes.

Northwestern University

This is Northwestern University Arch. Northwestern is known for its excellence in its graduate and professional programs. The J. L. Kellogg School of Management has been constantly ranked among the top five business schools in the world. The Medill School of Journalism is considered one of the top journalism schools, and its alumni are regular winners of the Pulitzer Prize.

Baha™i Temple

Though there are six other Baha™i Temples in the world, the one that runs along Sheridan Road seems to be the most attractive along with the one in India. It contains nine sides and a dome. It is surrounded by beautiful gardens and fountains.

Sheridan Road Home

This is a 1914 Harold White home. It is a prairie style house.

Sheridan Road Home

This is a Rogers Park home on Sheridan Road. This is a Frank Lloyd Wright Home. Wright is a famous architect that was primarily known for his Prarie style design houses.

Sheridan Road Home

Judge Francis E. Clarke was the owner of this magnificent house.He went from being a teacher to a principal to being an incorporator of the First National Bank of Waukegan. This house went from having an Italianate style to having the Queen Anne style that was typical of the 1870s. This house was built by the Porter Brothers.

Filed under Evanston Illinois Real Estate, Evanston IL Relocation, Evanston

Feb

5

Tuesday Broker Tours

Posted by evanstonilrealestate under For Buyers, For Sellers, Lincoln, Marketing Reports

Every Tuesday from 9:30 am to 12:45 pm Evanston Br okers Tour Listings which are currently on the market for sale. Today was one of those days. On tour today were 56 properties for sale (16 Single Family Homes and 38 Condo™s).
This is just a small sample of properties on the market. Today I decided to tour properties that are in different price categories to let people know what they could buy in Evanston.

List Price:

$150,000 : You can buy a 5 Room, 2 Bedroom 1 Bath unit totaling 1,600 SF in a Landmark Coop building. Unit needs updating.

$265,000: You can buy a 5 Room, 2 Bedroom, 2 Bath unit in a 1965 Era Elevator building in SE Evanston. Unit again needs some updating but there are only 4 units per floor.

$350,000: You can by a totally remondeled Vintage Condo in SE Evanston which has a total of 6 Rooms, 2 Bedrooms, 1 Bath. Everything has been done including Master Bedroom utilizing hall bath, in-unit laundry with office combo, and gorgeous kitchen with stainless steel appliances.

$445,000: You can buy a 6 Rooms, 2 Bedroom, 2 Bath Townhouse in downtown Evanston.

$500,000: Tired of Condo living!!! Well you could own a 6 Room, 3 Bedroom , 1.5 Bath Farmhouse close to Downtown Evanston, shopping and Northwestern student housing.

$600,000: Sorry. I did not see anything in this price range today.

$799,000: For just under $800,000 you can own a 7 Room, 4 Bedroom, 1.5 Bath home in NE Evanston on a very prestigious street. Great location within walking distance to lake, Northwestern and Downtown. Some updates to this house are needed.

$800,000: Sorry. Did not see anything in this price range today.

$974,000: For just under a $1,000,000.00 you can buy a 8 room, 4 Bedroom, 3.2Bath Townhouse

$1,675,000: For just over $1,500,000.00 you can buy a 14 Room, 4 Bedroom 5.5 Bath Home in NE Evanston which is located East of Sheridan Road and less than a block from the lake. This home has all of the modern amenities a home owner would desire and is in the perfect location.

$2,850,000: Finally, you could own a modern 4 Bedroom, 3 Bath Penthouse Condo in Downtown Evanston with floor to ceiling windows, open floor plan with the most magnificent views of downtown Chicago, Lakefront, and Bahai Temple.

For information on any of these listings or to have other active listings sent you can visit my website and search on your own or with my assistance .

Filed under Evanston Illinois Real Estate, Evanston Il


Posted by admin @ 7:06 pm, January 2nd, 2008

Sales figures are now in   for 2007 and it appears that the Evanston Real Estate Market is in pretty good shape.

In 2007, 369 single family homes closed and there are another 31 homes under contract and due to close sometime in January of 2008. This would bring the total homes sold   in Evanston to 400 homes in 2007. Compare this to 2006   total sales of 459 homes and Evanston is slightly down   by 59 homes. Median Price of a single home has remained constant at $550,000 with the Average Price of a home at $655,000 up from $621,000 in 2006. Average Market time in 2007 was 115 days up from 72 days in 2006.

In 2007, 659 Condos closed with another 82 condos under contract and due to close sometime in January of 2008. This would bring the total condos sold in Evanston to 752 in 2007. Compare this to 2006 condo sales of 841 Evaston sales are slightly down by 89 condo sales. Median Proce of a condo in Evanston is $285,000 up from $277,000 in 2006. Average Condo price in 2007 is $326,000 again up from $310,000 in 2006. Average Market time in 2007 was 143 days compared to 119 days in 2006.

For those of you visitors who are visiting my real estate blog for the first time, I   want to explain to you how l run my business which might be different from other agents. As a “By Referral Only” real estate consultant. I am committed to delivering the highest level of service and earn your deepest level of trust. To receive your referral from of family, friends and colleagues and to become your”Real Estate Consultant for Life” that is my goal. You need not be a referral , but will be served so well that you will want to refer others to me.

Ask your self these three questions:

1. Do  you know the difference between a salesperson and consultant?

2.  When you want  financial  advise would you go ask a salesperson or a  consultant?

3. Who is the next person you know that will need my services as a real estate consultant?

For a Free Initial Consultation please feel free to contact me 1-888-307-7311 Ext. 6

Jan

31

Looking Ahead to 2008?

Posted by evanstonilrealestate under For Buyers, For Sellers, General Information

I feel it is time to give my opinion about the current real estate market.

What will the real estate market look like this Spring? I feel the Spring Market in 2008 will remain a buyers™s market because there will still be a large inventory of homes on the market which did not sell in 2007 back on the market again in the first quarter of 2008.

How will buyers and sellers adjust to new challenges? The next big challenge will be how both buyers and sellers adjust to short sales, foreclosures, and bank owned properties. Experts are predicting more foreclosures in 2008 and as a result the real estate market will have a record number of homes for sale in 2008. I do not see the real estate market getting back to a normal market for a couple of years. Short sales, foreclosures, and bank owned properties are creating a new surge of interest in real estate by investors. These investors are looking for deals and these deals are affecting the sale price of homes on the market. I do not believe the market will get back to normal until these investors start selling off their real estate portfolio or there become fewer foreclosures.

If you are interested in learning more about Short sales, foreclosures, bank owned properties or just interested in finding out more information on real estate matters please feel free to contact me personally   or call me at 888-307-7311 EXT 8 and EXT 11. As a Pre-foreclosure specialist I am glad to assist you.

Welcome to Jack lewitz’s Blog! This blog will provide you with valuable information, tips, and general insight into the real estate market in Lincolnwood.