Real estate news & trends

News from around the Web - 5/20

Existing Home Inventory is up 17.7% year-to-date on May 20th

Amateur investors tap 401(k)s to buy homes

3 big banks nearly halt foreclosure sales after U.S. tweaks orders

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West suburbsIndian Head Park

A light-filled modern home in tranquil Indian Head Park

6435 Indian Head Trl, Indian Head Park

The modern home at 6435 Indianhead Trail in Indian Head Park is filled with surprises. It’s no surprise that the corner lot and large windows on all sides of the home flood it with light. What is surprising for a modern home is the size of the rooms, the sheer ...

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Posted by Joe Zekas on May 17, 2013
North ShoreEvanston

Spacious Evanston apartments near the Purple Line

618 Hinman Evanston

The one- and two-bedroom vintage apartments at 618 Hinman in Evanston have been renovated but retain many of their original vintage touches, including hardwood floors, large sun rooms, decorative fireplaces and complex crown and baseboard moldings. The floor plans are unusually spacious, and individual rooms are large enough to accommodate ...

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Posted by Joe Zekas on May 15, 2013
West suburbsElmhurst

A split-level Elmhurst home with a great deck and yard

793 S Washington Elmhurst

The owners of the 3-bedroom, 2 ½ bath split-level at 793 S Washington St have renovated the home over time to make it a warm and cozy environment. The main level opens into an L-shaped living / dining room with hardwood floors. Adjacent to the updated eat-in kitchen is an ...

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Posted by sponsored post on March 26, 2013
West suburbsElmhurst

Tour a new, all-masonry 6-bedroom in South Elmhurst

903 Chatham Elmhurst

The new 6-bedroom, 5-bath home at 903 Chatham Ave is just two blocks from Butterfield Park. The soaring, 2-story entry foyer sets the tone for this 4,000 square foot home, introducing you to the high level of finishes and millwork found throughout. An unusual feature of the home, made possible ...

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Posted by sponsored post on March 21, 2013
West suburbsElmhurst

Tour an aggressively-priced 4-bedroom Elmhurst ranch

453 East Court Elmhurst

The 4-bedroom, 2 ½ bath ranch at 453 East Court is on a quiet street a block from the popular East End Park. The park has a new pool, ball diamonds, lighted tennis courts, a basketball court, playground equipment, group picnic areas and outdoor restrooms. This light, bright corner-lot home ...

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Posted by sponsored post on March 20, 2013
West suburbsElmhurst

A like-new Nantucket-style home in center-of-town Elmhurst

249 E St Charles Elmhurst

The 4-bedroom, 4-bath Nantucket-style home at 249 E St Charles Rd is in a convenient center-of-town Elmhurst location. This like-new, spacious home was built in 2008 and boasts 3,000 square feet of open-plan living area. The home has a separate formal dining room with butler’s pantry, a large kitchen island ...

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Posted by sponsored post on March 19, 2013
West suburbsElmhurst

A wonderfully rehabbed ranch close to Elmhurst schools

210 Van Buren Elmhurst

The 3-bedroom, 2-bath ranch at 210 W Van Buren St has a great Elmhurst location. It’s diagonally across the street from Jackson Elementary School, a few blocks from Bryan Middle School, and close to everything that Oak Brook has to offer. The corner-lot home has been beautifully rehabbed and tastefully ...

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Posted by sponsored post on March 18, 2013
North ShoreLake Forest

Will a soft Lake Forest market lead to granny flats?

Lake Forest public library

Trib Local recently reported that Lake Forest is considering amending its zoning code to allow second living units, e.g. coach houses and garage apartments, on single-family properties. According to a news release for the public forum that the Tribune covered: Current economic conditions have made the sale of larger properties, ...

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Posted by Joe Zekas on February 26, 2013
North ShoreLake Forest

Down-and-up pricing on a Lake Forest home

1392 W Old Mill Lake Forest

Lake Forest differs, in many ways, from the mental picture that many have of a long-settled bastion of North Shore mansions. Perhaps the greatest difference is that the majority of Lake Forest housing is of fairly recent vintage, built within the past 50 years, and quite a bit of it ...

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Posted by Joe Zekas on February 25, 2013
North ShoreEvanston

An update on new Evanston apartments

Central Station, Evanston

Three new Evanston apartment complexes are racing toward delivering nearly 500 units this spring, and all appeared to be on schedule when we visited several days ago. We served up an update yesterday on the 214-unit AMLI Evanston development. The 80-unit Central Station, pictured above at 1720 Central St, is ...

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Posted by Joe Zekas on February 12, 2013
North ShoreEvanston

AMLI Evanston’s brochure braggadocio

AMLI Evanston

AMLI Evanston is targeting an April opening, and is offering studios priced from $1,375, 1-bedrooms from $1,695, 2-bedrooms from $2,100 and 3-bedrooms from $3,000. Live / work apartments are also available. Anyone familiar with AMLI Evanston’s Chicago and Madison location will find almost non-stop howlers in the following quote from ...

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Posted by Joe Zekas on February 11, 2013
North ShoreWinnetka

Winnetka Italianate villa sells quickly for $12.25M

Winnetka lakefront home

The past half dozen years have seen many upper-bracket North Shore homes languish on the market for extended periods of time, experience multiple price cuts, and sell for fractions of their original list price. The completely renovated Italianate villa at 175 Sheridan Rd in Winnetka came on the market early ...

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Posted by Joe Zekas on February 5, 2013
West suburbsElmhurst

An award-winning restoration of Griffin’s Emery House in Elmhurst

Emery House, Elmhurst

The Emery House in Elmhurst, 281 S Arlington, was designed by Walter Burley Griffin for his friend and high school classmate, William H. Emery Jr. At the time the home was built in 1903 Griffin worked for Frank Lloyd Wright, and Wright’s influence is evident throughout this Prairie Style home. ...

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Posted by sponsored post on January 24, 2013
North ShoreWinnetka

Across from Winnetka’s Crow Island School, and under $500K

Crow Island School video

The 3-bedroom, 2-bath home at 1129 Willow Rd in Winnetka has been on the market for almost 4 months despite a sub-$500K price tag. The market time is a sign that buyers have found it deficient in some manner compared to the competition. There’s nothing comparable currently on the market ...

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Posted by Joe Zekas on January 23, 2013
North ShoreWinnetka

A cedar and stone classic steps from Elder Lane Beach in Winnetka

Elder Lane Park Winnetka

If you like the idea of waking up to Lake Michigan views, you may want to view this home tour of 303 Sheridan Road in Winnetka. Koenig & Strey associate, Beth Groebe walks us through this 5-bedroom classic stone and cedar home that was designed by Spencer S. Beman in ...

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Posted by sponsored post on January 3, 2013
North suburbsNorthbrook

Brook Furniture Rental at The Seasons at Glenview Place

Seasons at Glenview Place

The Seasons at Glenview Place in Northbrook offers independent living and personalized assisted living options for seniors. With beautifully landscaped courtyards and scenic walking paths, The Seasons at Glenview Place offers residents an ideal home in a quaint yet convenient neighborhood setting. Just minutes from Interstate 294 in Northbrook, the ...

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Posted by sponsored post on December 21, 2012
North ShoreWinnetka

Good Ol’ Santa visits Koenig & Strey’s Winnetka office

Koenig & Strey Winnetka

Koenig & Strey‘s Winnetka office ran an immensely successful Toys for Tots drive this holiday season. Donors, many of them daily repeaters, and almost all of them anonymous, gave gifts that would be welcomed in the most affluent households in the community. On Sunday, December 17, Koenig & Strey agents ...

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Posted by sponsored post on December 20, 2012
North ShoreEvanston

Video tours of eight remodeled Evanston apartment buildings

860 Hinman video

BJB Evanston, one of our sponsors, owns and manages a dozen vintage and contemporary apartment buildings in a variety of strong Evanston neighborhoods. Studio to 3-bedroom units in the buildings have been updated with hardwood floors and new kitchens and baths. Earlier this year we shot video at eight of ...

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Posted by Joe Zekas on December 18, 2012
North ShoreWilmette

Christmas on Cleveland, Wilmette’s winter wonderland

Wilmette Christmas lights

The northeast corner of Cleveland and Thornwood in Wilmette is home, once again, to an enchanting display of Christmas lights and music. Wilmette resident Steve Maris has outfitted his home with an array of Christmas figures and more than 50,000 lights computer-controlled by more than 300 separate channels. Maris puts ...

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Posted by Joe Zekas on December 10, 2012
North suburbsGlenview

A stately, all-stone home in Glenview

Missy Jerfita

Koenig & Strey associate Missy Jerfita takes us on a video tour of a stately all-stone 5,000+ square foot home at 3737 Lawson Road in Glenview. Meticulous craftsmanship and extraordinary finishes carry throughout this gorgeous home that features a chef’s kitchen and fully-finished lower level. The home has 6 bedrooms, ...

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Posted by sponsored post on December 7, 2012