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Articles filed under Real Estate

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  • Hoffman Estates to consider 81 new homes Monday Nov 15, 2014 1:56 PM
    Hoffman Estates village board members Monday will consider approval of an 81-home subdivision on 37 acres at the northwest corner of Algonquin and Ela roads. The former farm property was long owned by the Bergman family, who only recently began marketing it for development, Hoffman Estates Assistant Village Manager for Development Services Mark Koplin said.

     
  • Why the standard mortgage is obsolete Nov 15, 2014 12:00 AM
    One of the things I have learned from many years of answering questions from readers is that often they try to manage their mortgage in one way or another, but without much success. The existing instrument was not designed to be managed.

     
  • Claiming a tiny but tasteful dining nook Nov 15, 2014 12:01 AM
    Q. I grew up in a house with a breakfast nook and would kill to have one in our new house. The problem is space.

     
  • Real estate professionals know ‘buyers determine value’ Nov 15, 2014 12:01 AM
    Q. Our solitary elderly recently widowed sister can’t sell her house, which is adjacent to a neat golf course. Hers and other houses are just not selling even though the area is well-maintained.

     
  • Condominium property must be safe from neighbor’s trees Nov 15, 2014 12:01 AM
    Q. A neighboring land owner’s trees are planted so close to the property line of our condominium association that the branches bang into the windows and siding of our building. One branch actually broke a window of a unit. What can the association do about this?

     
  • Designer Erin Gates on how to find your style Nov 15, 2014 12:01 AM
    Designer and writer Erin Gates, 35, lives in a white clapboard Colonial in Newton, Massachusetts, with her husband, two dogs and a leopard-print stair runner. Gates pens the popular blog Elements of Style.

     
  • Lake Zurich working to extend tax zone for downtown redevelopment Nov 15, 2014 7:24 AM
    Lake Zurich village board, trying to extend the life of their downtown tax increment financial district by 12 years, may have reached a deal to get District 95's support. “The TIF extension is critical to the village for our overall financial sustainability and, in particular, our ability to successfully manage the outstanding debt obligations associated with the TIF district,” Village Manager Jason Slowinski said.

     
  • Chicagoan, like many others, still twisting in tax limbo Nov 14, 2014 12:01 AM
    David Foster, who sold his condo in Chicago last month, isn’t plugged into Capitol Hill’s political games. But he has banked the financial future of his family on Congress accomplishing at least one thing during the postelection session that began this week: Renewing the expired Mortgage Forgiveness Debt Relief Act so that he and his wife and three young children aren’t crushed by unaffordable taxes next year on the $100,000 his lender agreed to cancel as part of a short sale.

     
  • Bolander Park sale agreement extended Nov 14, 2014 5:40 PM
    Libertyville officials this past week again extended an agreement to sell Bolander Park for $2.05 million but the proposed buyer, Lake Forest developer Rick Swanson, says he is ready to proceed with a 56-unit Craftsman-style townhouse development.

     
  • Upscale candy-inspired restaurant opens in Rosemont Nov 14, 2014 5:37 PM
    The latest addition to Rosemont’s entertainment district is now officially open for business. Sugar Factory American Brasserie has started serving such delectable dishes as red velvet pancakes and King Kong sundaes, and cocktails such as smoking candy goblets and cotton candy cosmopolitans. “We have over 120 reservations for Friday and Saturday night,” said Anna Finnegan, the restaurant’s general manager. “Now that the word is out, we’re preparing for the big time this weekend.”

     
  • Great Lakes Dredge wins Jersey beach contract Nov 14, 2014 5:04 PM
    The U.S. Army Corps of Engineers awarded a contract this week to Great Lakes Dredge and Dock Company. The Illinois-based firm will reconstruct beaches and dunes in Ocean City, Strathmere and Sea Isle City.

     
  • Popular TV shows can mislead homeowners about remodeling costs Nov 14, 2014 12:01 AM
    Cable TV shows about remodeling have soared in popularity, but the cost of an identical project launched by other homeowners can be much higher if the cameras aren’t rolling.

     
  • Simple ways to update your decor Nov 14, 2014 12:01 AM
    Although sreplacing a floor can give your room a new look, you don’t have to spend a lot of money or be an experienced DIY’er to give your home an upgrade or two. Here are some simple things you can do to your home or apartment that don’t involve lots of tools and/or money.

     
  • Pinhole leaks common in copper water pipes Nov 14, 2014 12:01 AM
    Q. In the past year I’ve had three pinhole leaks in my copper water pipes. My insurance company has refused to pay any more claims for damage caused by leaks, and the cost to repipe my house is more than I can afford. When I asked my plumber why these leaks keep happening, he didn’t have a definite answer. I thought copper piping was supposed to be good quality. Why do these leaks keep happening?

     
  • Everette model opens at Stableford in Willowbrook Nov 14, 2014 12:01 AM
    Everette model home is dressed to impress at the new Stableford community in Willowbrook that features a beautiful wooded setting, a pond and nearby forest preserves. The development by M/I Homes offers five open floor plans.

     
  • Local Realtors recognized for community service Nov 14, 2014 11:22 AM
    Realtors from Glen Ellyn, Lombard and Darien have been recognized with the Mainstreet Organization of Realtors’ 2014 Community Service Award.

     
  • Schaumburg revises inspection policy for rented houses Nov 12, 2014 5:30 AM
    In light of the number of foreclosures in recent years and the rising age of Schaumburg’s housing stock, village officials Tuesday revised a program for the inspection of rented single-family homes and increased the annual fee of landlords. While the prior program inspected only the interiors of such homes on a complaint basis, the new version will inspect the inside and outside of all rented homes upfront and then every three years afterward.

     
  • New gated subdivision proposed in Barrington Nov 11, 2014 5:51 PM
    A national developer is moving forward with plans to build a 43-home gated subdivision on South Grove Avenue in Barrington, east of the former Barn of Barrington and west of the Park Barrington subdivision.

     
  • Day Go Dogs among new businesses in Arlington Hts. Nov 11, 2014 4:24 PM
    A new Italian restaurant — Day Go Dogs and ‘Za — is expected to open by the end of the year in the former Riviera location at 5 W. Campbell Street in downtown Arlington Heights. Owner Richie Vaia said the new spot will have the same fast-casual food for good prices as his former Algonquin location. A half-dozen other businesses also have opened recently in the village, officials said.

     
  • Mundelein officials narrowly approve controversial deal to lure Wal-Mart Nov 11, 2014 7:19 PM
    With their eyes on the town's first Walmart, a divided Mundelein village board Monday approved a tax-sharing deal with the owner of the Oak Creek Plaza shopping center.

     
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