Special offer

Lake Zurich, IL Real Estate News

By Joe (Joseph) Heffernan, Helping Owners Make Smart CRE DECISIONS!
(Premier Commercial Realty)
Lake Zurich Village Meetings and website is a great place to check out the area if you are considering moving into town. Here you can see actual clips of various sections of the meetings without having to spend hours viewing the entire session. For instance this past meeting there was discussion of the new Super Walmart that is coming to the Village. The existing one will be enhanced to include all the grocery and expanded lines of Super Walmarts, but not the giant 200K sf, but closer to 150K/sf. Walmart appears to be a good neighbor as they presented weeks ago preliminary plans to locals to get a feel for what they might have missed to assure being Lake Zurich friendly. Why dont more companies approach a village with this type of attitude, or, are all Villages Company friendly???
Comments 0
By Joe (Joseph) Heffernan, Helping Owners Make Smart CRE DECISIONS!
(Premier Commercial Realty)
Lake Zurich Sales Up Year to date...so far we are up 30% over the same time last year in single family closed homes in Lake Zurich proper. Now that the tax credits are gone will see how we fair over the summer months, so far lots of renters out looking and still buyers who want to take advantage of this combination low rates and low prices. It wont last forever so now is the the time. If priced right will sell as just had one go under contract in less than 2 weeks, cash buyer and will close in 30 days.
Comments 1
By Rick Hauser, ABR, CNC, CNE, GRI, SFR, Exclusive Buyer Agent-Cov
(Buyer Broker Chicagoland - CHICAGO IL AND SUBURBS)
Low Priced, Discounted Homes and Properties In Lake Zurich Illinois If you are looking for low priced, discounted homes in the Lake Zurich area - you can find them right here... Feel free to try out our Iphone / Blackberry etc.  cell phone application which we provide to you at no cost - so that you can search Chicago area homes  when you are on-the-go. It works on other varieties of phones such as those made by Samsung, Motorola (Droid), Nokia, LG, Verizon, Sprint and AT&T. You can simply hit one button wherever you are - and homes that are for sale nearby - pop up on your phone's screen as little blue or red icons.   You can see price, specifications, and the pictures of the inside of the home. Just hit the little "call us" button if you'd like to know more about a given home. And eve...
Comments 0
By Joe (Joseph) Heffernan, Helping Owners Make Smart CRE DECISIONS!
(Premier Commercial Realty)
Distressed Lake Zurich Homeowners Bank Goes Under was reported Friday that Midwest Bank and the Lake Zurich Branch was closed by the FDIC. So I get a phone call from a client who is considering a short sale and now they ask what happens, the bank folded. After listening to the details, they wondered would this buy some more time? Would they even have someone to go to with questions about short selling their property. I just said, FDIC will probably come in over the weekend and be open for business by Monday. And that is exactly what happened, Monday Midwest was open and new owners were already in place, a bank out of Ohio. Crazy times we now live in and in 50 years this time in history will be referred to when the history books talk of financial crisis. Most important, if you or anyone ...
Comments 0
   Lake Zurich Illinois The market statistics for home sales in Lake Zurich IL for the month of April 2010.  The current inventory of homes for sale in Lake Zurich Illinois Zip Code 60047 is up vs last month and sales this month over last month down for single family homes and up the same for attached single family homes.  Our average LP of sold homes is up for single family homes and the same for attached single family homes.  Average Sale Price of homes sold is up for single family homes and same for attached single family homes, our LP/SP ratio is the down for single family homes and up for attached single family homes in Lake Zurich.  The average market time for homes sold in Lake Zurich IL 60047 zip code has gone up for single family homes in Lake Zurich and the same for attached ...
Comments 0
  Deer Park Subdivision The market statistics for home sales in Barrington IL and Deer Park IL zip code 60010 for the month of April 2010.  The current inventory of homes for sale in Barrington, Deer Park Illinois Zip Code 60010 is up vs last month and sales this month over last month up slightly  for single family & up for attached family homes.  Our average LP of sold homes is up for single family homes and up for attached single family homes April vs March.  Average Sale Price of homes sold is up this month vs last for single family homes and up for attached single family homes, our LP/SP ratio is the up for single family detached homes and down for attached single family homes.  The average market time for homes sold in the Barrington, Deer Park 60010 zip code has gone up for singl...
Comments 0
By Joe (Joseph) Heffernan, Helping Owners Make Smart CRE DECISIONS!
(Premier Commercial Realty)
Lake Zurich New Senior Housing - 94 Apartments New Construction was discussed at length and while it originally was on the table back in 2005, due to the various market conditions, was shelved. It is back on the table and the meeting segment can be viewed at the Village website, www.volz.org along with segments of all past meetings. Great way to stay in touch with what is going on in Lake Zurich without leaving your favorite chair. Questions about Lake Zurich, let me know and I will follouwp.
Comments 0
By Rick Hauser, ABR, CNC, CNE, GRI, SFR, Exclusive Buyer Agent-Cov
(Buyer Broker Chicagoland - CHICAGO IL AND SUBURBS)
Lake Zurich IL Real Estate Home sales & property values are going down.  That is great news for our home buyer clients!  (We never represent sellers to avoid the inherent conflicts of interest that so called "buyer agents" have)      The Zillow Median List Price as compared to the  Sale Price Statistics show some significant Real Estate price declines during the past year.  Take it with a grain of salt - as Zillow can be somewhat inaccurate - but anything gets thrown into the pot in negotiation!    Just don't browse homes at Zillow - since it is a pretty poor interface.  Use our search interface instead.  We are the local experts... Lake Zurich Real Estate Statistics Homes for sale in Lake Zurich Get this widget Lake Zurich Real Estate Statistics Homes for sale in Lake Zurich Get this w...
Comments 0
By Jim Starwalt, A Name You Know and The Brand You Trust
(Better Homes and Gardens Real Estate Star Homes)
Lake Zurich Real Estate Statistics Homes for sale in Lake Zurich Get this widget In Lake Zurich, there are 189 single family homes for sale with an average list price of $364,815. There are 40 single family homes under contract with an average list price of $307,682. In the past 6 months, 88 single family homes have sold and closed with an average sold price of $292,508. Specific details on single family homes for sale and sold in Lake Zurich, can be found on my website at www.StarHomeFinders.com. Search for foreclosures, single family homes, townhomes and condominiums, multi-family units, vacant land, commercial properties and rentals. Thinking of selling your home, Click Here to Find Your Home's Value. Looking for a home? Click Here to Sign up for My Property Finder. Benefits of Regi...
Comments 0
By Joe (Joseph) Heffernan, Helping Owners Make Smart CRE DECISIONS!
(Premier Commercial Realty)
Having now lived in Lake Zurich Illinios for nearly 20 years and having seen the growth in the area, both positive and not so positive (negative growth), I was amazed when recently speaking with a friend they were not aware of the the positive developements regarding the Village of Lake Zurich Downtown revitalizaiton. Picture a gorgeous Lake, boardwalk, shops, busy villagers bustling to and from. Not only is this great for Downtown, yet picture what this will do to the property values in the Village of Lake Zurich. For more information on Lake Zurich in general visit the village site www.VOLZ.org or my site JoeHeffernan.com.
Comments 0
By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Homes in Cedar Creek Subdivision Lake Zurich IL Cedar Creek of Lake Zurich IL is a subdivision built in the late 1980's and early 1990's. Located just south of Route 22 and west of Quentin Road the homes are in a variety of sizes and styles. You can choose from 2 story homes, split levels, a few ranches and some of the larger homes have brick elevations on the front. The street names on Cedar Creek in Lake Zurich IL are: Cedar Creek Drive Fern Road Fern Court Berkley Road Knox Park Road Hidden Creek Road Stone Avenue Thistle Lane Typical homes in Cedar Creek are 3 or 4 bedrooms, 2 or 3 car garages, partial or full basements and square footage excluding basements is between 2000 and 3000 square feet. Homes are nicely spaced with good sized lots at the front and rear of the homes. Sidewal...
Comments 0
   A frozen pond in Deer Park/Lake Zurich Illinois The market statistics for home sales in Lake Zurich IL for the month of February 2010.  The current inventory of homes for sale in Lake Zurich Illinois Zip Code 60047 is up vs last month and sales this month over last month up for single family homes and the same for attached single family homes.  Our average LP of sold homes is down for single family homes and the same for attached single family homes.  Average Sale Price of homes sold is down for single family homes and same for attached single family homes, our LP/SP ratio is the up for single family homes and the same for attached single family homes in Lake Zurich.  The average market time for homes sold in Lake Zurich IL 60047 zip code has gone down for single family homes in Lak...
Comments 2
     The Squires Subdivision in Deer Park/Lake Zurich Illinois The market statistics for home sales in Lake Zurich IL for the month of January 2010.  The current inventory of homes for sale in Lake Zurich Illinois Zip Code 60047 is up vs last month and sales this month over last month down for single family homes and the same for attached single family homes.  Our average LP of sold homes is up for single family homes and the same for attached single family homes.  Average Sale Price of homes sold is up for single family homes and same for attached single family homes, our LP/SP ratio is the down for single family homes and the same for attached single family homes in Lake Zurich.  The average market time for homes sold in Lake Zurich IL 60047 zip code has gone down for single family h...
Comments 0
By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Zurich IL Homes - New Construction - Town-homes at Meadow Wood Prior to 2004 Lake Zurich did not have many town homes to choose from. That changed with the new subdivision called  Concord Village Lake Zurich which has more homes that you might expect by looking at it from either entrance. Meadow Wood is a new development bringing yet more town homes to Lake Zurich IL from Pulte Builders. This is easy to find being right off Route 12 just north of Miller Road and  opposite Wynstone Subdivision. Town Homes at Meadow Wood are available as new construction with prices starting $264,000. You can choose from 2 or 3 bedroom units. Townhomes are on 3 levels with lower level having garden windows at the front and the 2 car garages at the back. The Town-homes in Meadow Wood are found on: Bai...
Comments 0
By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Zurich IL Homes - Concord Village - Townhomes - Mews Town Homes - Ranch Villa Homes - Courtyard Single Family Prior to 2004 Lake Zurich did not have many town homes to choose from. That changed with the new subdivision called Concord Village which is located off Route 22 or accessed from June Terrace off Rand Rd by the Home Depot and Costco. Concord Village Lake Zurich has more homes that you might expect by looking at it from either entrance. Single Family Homes in Concord Village Lake Zurich IL These can be found on:   Seaton Court Savoy Ct Hanbury Drive and account for 43 of the properties here. You'll be able to choose from 3 or 4 bedroom homes if you decide this is the place to buy a new Lake Zurich home, after all they are like new. They are all located on the East side of th...
Comments 0
  Braemar subdivision in Lake Zurich Illinois The market statistics for home sales in Lake Zurich IL for the month of December 2009.  The current inventory of homes for sale in Lake Zurich Illinois Zip Code 60047 is down vs last month and sales this month over last month down for single family homes and the same for attached single family homes.  Our average LP of sold homes is down for single family homes and up for attached single family homes.  Average Sale Price of homes sold is down for single family homes and up for attached single family homes, our LP/SP ratio is the the same for single family homes and for attached single family homes in Lake Zurich.  The average market time for homes sold in Lake Zurich IL 60047 zip code has gone up for single family homes in Lake Zurich and d...
Comments 1
By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Zurich Real Estate - Homes For Sale - Homes Sold - Market DataThe following chart shows the average days on market for Lake Zurich real estate in 2009. Detached homes and attached homes are shown seperately. Currently there are 169 single family homes for sale in Lake Zurich with prices ranging from $105,000 to $1,389,900. There are also 37 attached homes with prices ranging from $105,000 to $494,900. Condos in Lake Zurich real estate are rare and townhomes are not common.How many Lake Zurich homes have sold during 2009 and are we seeing the typical winter downward turn? The following chart shows all homes sold in Lake Zurich this year by month. We still appear to be going strong with home sales averaging around 20 homes a month.If you are looking for a new home in Lake Zurich, you...
Comments 0
By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Stop The Commercial Retail Development in Barrington - Deer Park - Kildeer - Lake ZurichIf you drive up and down Route 12 you are probably wondering if the retail development is ever going to stop. The village of Barrington does not have much new development due to the limitations in potential areas to use. The Route 12 corridor though seems to be a non stop area of new strip malls or larger areas of retail. If I think back 5 years ago, the Deer Park Shopping Mall provided a different type of shopping experience with specialty stores, restaurants, and a theater. All in all I think it has been a huge success. Recently Deer Park has had new units built at the back of the mall. Across the street Kildeer has some stores.Go a little further north and there was a new mini mall built for Best ...
Comments 4
By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
1.  How many people do you have working directly with you?  2.  What is your plan for Advertising and where do you advertise?  3.  What type of Virtual Tour is done and how long does that take?  4.  How long with it take to get professional color brochures in our home?  5.  How many color pictures will be on the web?  6.  What type of Direct Mail campaign do you have to market our home?  7.  Do you market on Google, Yahoo, or Bing?  8.  What do you do when you are with clients or at an appointment and someone wants to see our home?  9.  What is your feedback program? 10. How often will I hear from you and get data from you regarding the market? These are 10 great questions to ask any agent when you call them in for an interview and they should be able to provide you data and show you ex...
Comments 0
By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Zurich is located on Route 12 and Route 22 and is located in Lake County Illinois. Lake Zurich has many planned unit developements and real estate is made up of mostly single family homes, some town homes and very few condos. Some of the subdivisions are Countryside East Countryside West Forest Lake, Countryside Old Mill Grove Cedar Creek The Meadows The Orchards The Manor Echo Lake Pulte homes is building the new subdivision of townhomes off Route 12 just north of Miller Rd. One of the largest complex of townhomes was built in 2004 by Concord and is situated behind Costo and Home Depot.Lake Zurich currently has 202 homes for sale, both single family homes and townhomes and a few condos. Of those only 4 are bank owned and 17 short sales. Bank owned homes in Lake Zurich generally se...
Comments 0