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Articles filed under Real Estate

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  • Top 10 home features buyers want now Aug 30, 2014 5:45 AM
    You’ve heard the real estate adage “location, location, location” as the golden rule of a home’s desirability. But today, homebuyers are thinking “features, features, features” — ones that add “convenience, livability and energy efficiency” to a home, according to a recent survey by the National Association of Home Builders.

     
  • Having 'a style' is out of style Aug 30, 2014 6:00 AM
    Q. A woman I met at a bridal luncheon asked me in what “style” we are going to decorate our apartment. I only know I don't want my mother's style — strictly traditional (and boring). She's already offering some family antiques. What should I do?

     
  • A dining room table that won’t cramp your style Aug 30, 2014 6:00 AM
    It’s hard to talk about design trends without mentioning open floor plans, which have officially replaced granite countertops as a national obsession. But what do they mean for renters? These days, many apartment buildings have responded to open-plan demand by slyly combining the kitchen, living room and dining room into one small space.

     
  • Batavia school board questions need to extend TIF district life Aug 29, 2014 5:30 AM
    Batavia school officials are questioning why city officials want to extend the life of a downtown tax-increment financing district, which offers incentives for repair and development of properties. Especially since the district doesn't expire until 2027. “I did find the letter from the mayor to be a bit vague,” school board member Melanie Impastato said. “Why does it need to be extended for that long of a term?"

     
  • Designing parents turn dorm rooms into dream spaces Aug 28, 2014 6:00 AM
    So much stuff, so little style. The dream dorm room was just not happening. Five years ago, Karen and Amanda Zuckerman hit the malls and big-box stores to decorate Amanda’s freshman dorm at Washington University in St. Louis. The offerings were ... well, underwhelming. The mother and daughter cobbled together a cute-enough room, then did what any creative, enterprising family would do: They founded Dormify, an online dorm design business.

     
  • Former Arlington Hts. Applebee’s sold Aug 28, 2014 5:00 PM
    The former Applebee’s restaurant location on Algonquin Road in Arlington Heights may not be empty for much longer. Earlier this month, Sperry Van Ness, LLC announced the sale of the 5,500-square-foot building at 111 E. Algonquin Road for $1.36 million. No plans for its redevelopment have been submitted to the village.

     
  • Dunkin’ Donuts/Baskin-Robbins proposed in Elk Grove Aug 29, 2014 3:00 PM
    A combination Dunkin’ Donuts/Baskin-Robbins is proposed for a shuttered Pizza Hut location in Elk Grove Village. The village plan commission will consider a rezoning petition, submitted to the village by 2nd Gen, for the building at 50 Biesterfield Road.

     
  • Hanover Park homeowners get discount on solar panels Aug 27, 2014 4:03 PM
    Hanover Park homeowners can cash in on a double-digit discount on the cost to install solar panels on their rooftops. The village has joined Solar Chicago -- a first for Illinois -- that works to make the renewable energy source more mainstream.

     
  • Wheaton Courthouse Square development work could start in 2015 Aug 26, 2014 5:34 AM
    After many years of planning and dispute, Wheaton's Courthouse Square development is back on track. The Wheaton City Council approved two ordinances Monday, both with a 6-1 vote, that amended the original Courthouse Square development agreement for a fifth time, and granted the developer a special use permit to construct two luxury apartment buildings near Willow Avenue and Naperville Road. Construction is expected to begin sometime in early 2015.

     
  • Arlington Heights selects developer for troubled site Aug 26, 2014 12:38 PM
    Arlington Heights has picked a developer to plan redevelopment at Tax Increment Financing District 4, located near the intersection of Golf and Arlington Heights roads and the International Plaza shopping center.

     
  • Chelsea model home opens at Arlington Market Aug 25, 2014 10:38 AM
    The Chelsea model home wowed visitors at the grand opening of Arlington Market, a new-home community with an urban flair in a prime Arlington Heights location. The community by M/I Homes offers three, two-story floor plans with two to three bedrooms.

     
  • New hotel pitch on the table in Fox Lake Aug 24, 2014 7:45 AM
    Fox Lake village officials have been courted four times since 1998 by developers looking to build a hotel on the Chain O' Lakes. The only thing the village has to show for those efforts are failed architecture plans and a hill of mud, weeds and grass overlooking busy Route 12. Mayor Donny Schmit hopes a new attempt to build a hotel on the 19-acre Sayles property near Eagle Point Road is the real deal.

     
  • 5 tips to know if a home equity line of credit is right for you Aug 24, 2014 7:34 AM
    Rising home values and low interest rates are a powerful combination for homeowners looking for more financial breathing room. Many borrowers are take out a home equity line of credit, which can pose risks. Here are five tips to help determine whether a HELOC is right for you.

     
  • Ivy-covered Geneva home is a modern classic Aug 24, 2014 5:45 AM
    When one thinks of Geneva, one generally thinks of stately, old-fashioned Victorians, Colonials and bungalows. But back in the late 1980s, one woman purchased a suddenly available lot near the downtown shopping district and built a modern home that so beautifully blended into its surroundings, people often miss it while driving by.

     
  • Unqualified contractor makes poor attic repairs Aug 24, 2014 1:01 AM
    Q. We had bathroom vents incorrectly installed into the attic, rather than being vented outside. We had a contractor convince us it needed to be encapsulated with a special paint, rather than fixing the problem and letting dry conditions kill the mold

     
  • Naperville council denies senior living in 'second downtown' Aug 24, 2014 7:00 AM
    When Naperville officials were envisioning a “second downtown” at Route 59 and 95th Street about a decade ago, space for a senior living center was part of the plan. But if the "second downtown" plans fall through and a senior living facility still wants to build there, what happens next? “It's an attractive concept, but the concept didn't work,” Len Monson, who represented Formation Shelbourne Senior Living Services, said of the original plan as he pitched plans for The Solana of Naperville to the city council on Tuesday.

     
  • When windows dare to go bare Aug 23, 2014 6:00 AM
    Q. Our living room is two stories high, with windows up to the ceiling. We like the light, but we’re in a new development and feel overexposed to our neighbors. Is it OK if we only curtain the lower window?

     
  • Manage your credit score to get the best possible mortgage Aug 23, 2014 12:00 AM
    How does one manage credit cards so as to generate the highest possible credit score? Credit scores are calculated using a variety of models that have small differences between them and generate similar, but not identical, scores.

     
  • Policy should govern the bidding process Aug 23, 2014 5:14 AM
    Q. Is it necessary for a board to obtain multiple bids for every project?

     
  • Tenant proposes a deal that shortchanges owner Aug 23, 2014 12:01 AM
    Q. I own a townhouse, which I am still paying a mortgage on. The current tenant is interested in doing a rent-to-own option. They have stated they are interested in this option only if 100 percent of the monthly payment went toward the purchase price.

     
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