Chicago's North Shore - North and Northwest Suburbs Real Estate Archive

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Chicago Makes Top 10 on America's Next Hot Neighborhoods List

by Allyson Hoffman

In a study done by BusinessWeek.com and Zillow.com, an online real estate service, Chicago's East Garfield Park ranked #2 as one of America's next hot neighborhoods.

Results were based on Zillow.com's Zindex, which translates to the median home-value, and how much this value has increased in a given location in the past five years. These increases are due to an areas improved crime rate, location and access to public transportation, schools and employment opportunities. They are factors like these that increase a community's desirability and investment potential.

 East Garfield Park's Zindex resulted in a 94.98% change from $110,142 in 2001 to $214,757 in 2006. To compare other hot neighborhood Zindex scores, read America's next hot neighborhoods.

Image courtesy of John Ashley/Flickr.com

Heads Up To Waterfront Lovers & Boating Enthusiasts!

by Allyson Hoffman

Mundelein's 150-acre Diamond Lake will be the setting for sixteen new luxury condominiums featuring lakefront settings and private boat slips included with each unit.  For those looking to combine a resort lifestyle with their brand new home, four plans featuring two or three bedrooms and up to three full baths can be customized to taste.  Quality finishes are included and pre-construction building incentives are now in place.  Prices will range from $494,900 to $594,900.  Watch for a grand opening around the middle of May, but in the meantime if you would like information now, details can be obtained on the website at www.DiamondCove-LuxuryCondominiums.com

Image courtesy of Virginia State Parks/Flickr.com

Cook County North and Northwest Suburbs Tax Reassessment

by Allyson Hoffman

Reassessment, by the Cook County Assessor, for all property located in the North and Northwest suburbs of Cook County will be completed during 2007.  Sellers and buyers of property in this area should consider the results of this process when determining how to resolve the tax prorations in their sales contracts.  Potential for 25% to 30% increases in the property assessments are predicted by some experts allowing for some possibly significant monetary implications. Evanston township has already released its changes on March  30th.  If you would like to look up a current tax assessment or are seeking additional information on Cook County Tax Assessement and how this may impact you, additional information can be found at http://www.cookcountyassessor.com/.

Image courtesy of geralt/Pixabay.com

Displaying blog entries 1-3 of 3

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Allyson Hoffman
RE/MAX Villager
1245 Waukegan Road
Glenview IL 60025
847-310-5300
Fax: 847-400-0881

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RE/MAX Villager
1245 Waukegan Road
Glenview, IL, 60025

(847) 310-5300
Allyson@Allyson.com

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