Articles filed under Residential Real Estate
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Profit margin on flipping a home is at a 17-year low due to high pricesSep 27, 2025 1:30 pm - It pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expenses. That’s the lowest profit margin for such transactions since 2008, according to an analysis by Attom, a real estate data company.
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Planned industrial buildings in Schaumburg require demolition of 19 unincorporated homesSep 24, 2025 3:15 pm - A proposal for a pair of industrial buildings between Wintrust Field and Experior Logistics’ new trucking headquarters in southwest Schaumburg will require the demolition of all 19 houses along unincorporated Long Avenue.
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Condo budget approval timeline explainedSep 24, 2025 1:23 pm - Does the Illinois Condominium Property Act state a date by which a board must meet to adopt the annual budget?
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Schaumburg celebrates start of ‘Main Street’-like development of The District at VeridianSep 23, 2025 5:14 pm - Attendees of Tuesday’s groundbreaking ceremony for The District at Veridian, at the east end of Schaumburg’s former Motorola campus, got to see two months of progress on a nine-story apartment building above a ground-level restaurant and retail area.
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How a complete stranger tried to steal my dead father’s homeSep 23, 2025 4:19 pm - A scammer forged a deed to steal a deceased father's condo from a grieving daughter, costing her $60,000 and months of legal battles.
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Smaller houses are on the rise. Are the days of McMansions over?Sep 23, 2025 4:08 pm - For the better part of the last decade or more, the median home size has been shrinking, hitting a low of 2,210 square feet, down from 2,500 square feet in 2015, according to data compiled by the National Association of Realtors.
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Barrington village board approves Claremont development, overrules plan commissionSep 23, 2025 12:00 pm - The Barrington village board overruled its plan commission, approving an 88-home gated community on the former PepsiCo site.
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Falling rates and a calmer market signal buyers to take action this fallSep 22, 2025 7:19 pm - This year’s August market is far faster moving in the Chicago area than elsewhere in the country.
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‘More things coming’: Lake Zurich officials bullish on downtown renewalSep 22, 2025 6:04 pm - The quest to revive downtown Lake Zurich has been an arduous journey since the village began buying properties more than 20 years ago but officials say the tide is turning.
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Divided St. Charles council approves plans for $1.9 million rowhomesSep 22, 2025 12:02 pm - St. Charles officials have greenlit plans for an eight-unit duplex development on South First Street in the city’s downtown, and construction could begin this year for units expected to be priced over $1 million.