Tuesday, March 31, 2009

Closed in Old Town of Western Springs


4147 Grove in Old Town
This bi-level was being sold in "as is" condition. 3 br, 2 bath that sits on a 50 x 200 lot. Home was on the market for 178 days.
Originally listed for $429,000 and sold for $378,500.
For a free appraisal call Linda Hanley Kelly, Charles Rutenberg Realty, 708-334-5356

Saturday, March 28, 2009

Closed in Old Town of Western Springs


4069 Western Avenue in Old Town of Western Springs
263 days on the market this home was originally listed for $448,000. It had been reduced to $369,000 and closed for $350,000. This was a 3 br, 2 1/2 bath home in good condition.
Call today for an appraisal, Linda Hanley Kelly Charles Rutenberg Realty 708-334-5356

Friday, March 20, 2009

Sold and Closed in Ridge Acres

4616 Johnson Avenue in Ridge Acres of Western Springs

4 Bedroom, 2 bath home with lots of room but needed some updating. Originally listed at $544,900 this home closed on March 20, 2009 for $420,000. The list price at the time of sale was $435,000. Home was on the market for 356 days.

Things are moving this year. Rates are low, prices have stabilized. Give me call....708-334-5356. Linda Hanley Kelly, Charles Rutenberg Realty

Sold and Closed in Field Park



4050 Harvey Avenue in Field Park

This home was a short sale. Listed at $280,000 it sold for $285,000. 60 x 131 lot this home was sold as a teardown.

Closed 3/20/2009 Call today if you are thinking of moving!

Prior year I had this home listed and had an offer for $385,000 that was not taken. Got sold by the bank a year later for $100,000 less!

Saturday, March 14, 2009

Home sold and closed in Field Park of Western Springs

4200 Gilbert Avenue in Field Park

This home was on the market for 487 days. The original list price was $469,900 and it progressed down to it's final list price of $389,000. It closed on March 11, 2009 for $360,000. The financing was FHA with a seller concession.

It is a very cute home with hardwood floors, a finished basement, 2 bathrooms, 2 fireplace and a small sunroom. It has a one car detached garage that is on the 42nd street side of the home.

The activity is picking up in real estate. I am busy showing and selling homes this year. Call me to see some homes. I am always available to give you my professional opinion of the value of your home. Linda Hanley Kelly, Charles Rutenberg Realty, 708-334-5356

Tuesday, March 3, 2009

Closed in Forest Hills of Western Springs


4745 Woodland Avenue in Forest Hills
Listed for $461,750 and sold for $400,000. Closed 2/13/2009
Corner lot-55x187 3 BR, 2 1/2 bath with finished basement and 2 fireplaces.
Call today for a free home appraisal...Linda Hanley Kelly
708-334-5356 Charles Rutenberg Realty

Thursday, February 26, 2009

Vaughans Garden Center is Closing!!!

Hurry over to Vaughans to pick up some great bargains. Everything in the store is 40% off. Fall, Halloween, Thanksgiving and Christmas items are all 70% off. Now is the time to stock up on your holiday decorations and gifts. Vaughans is located on the corner of 47th and Commonwealth just before the overpass into Hinsdale.

Wednesday, February 25, 2009

Closed in Ridgewood Oaks of Western Springs

Closed February 24, 2009 5804 Wolf Road Unit b-1

First floor quad home with 3 br, 2 bath built in 1978. Originally listed for $269,900, lowered to $249,900. This home was on the market for 270 days. Closing price-$220,000.

Call today for a free home appraisal...Linda Hanley Kelly 708-334-5356 Charles Rutenberg Realty

Mortgage Credit Certificates MCCs

Went out to the board of realtors today for a class on MCC Programs. The village of Downers Grove is a home rule community and they have $1,634,506 available for an MCC program for first time home buyers in the village of Downers Grove corporate limits. What this is, is a federal income tax credit in an amount equal to 20% of the interest paid on the mortgage. This credit stays with you for up to 30 years if you stay in the home. It can be used with an FHA mortgage with 3 1/2% down, a VA loan with 100% financing or a conventional FNMA/FHMC product.

Call me to learn more about this. There is also money called the I-Loan Certificate Program that is Statewide MCC Program. There are income limits and other criteria but they do offer wonderful incentives to buyers who qualify.



Add to that the American Recovery and Reinvestment Act that is an $8,000 tax credit for first home buyers and it looks to be a good year to get into a home.



Linda Hanley Kelly, Charles Rutenberg Realty, 708-334-5356

Monday, February 23, 2009

Home sold and closed in Old Town of Western Springs


4208 Rose Avenue in Old Town was originally listed for $649,000 and was currently listed for $589,000. Home closed on 2/23/09 for $556,000. Home had 3 br, 2 1/2 baths, first floor family room, 50 x 132 lot. Was on the market for 256 days!
Call today for a free home appraisal. Linda Hanley Kelly
708-334-5356 Charles Rutenberg Realty

Thursday, February 19, 2009

Closing in Commonwealth in the Village


5117 Creek Drive in Commonwealth in the Village
3 Bedroom, 2 1/2 bath on the creek. Aspen model with see-through fireplace between Living room and Family room. Fireplace in Master Bedroom. Large Deck. Unfinished basement.
Listed at $469,900 sold for $447,000. Closed February 2009.
Call today for a free home appraisal.....Linda Hanley Kelly 708-334-5356

Tuesday, February 17, 2009

What is for sale in Western Springs?

Currently there are 119 single family homes for sale in Western Springs. 47 are for sale for under $500,000, 47 are listed between $500,000 and $1,000,000 and 25 are for sale for over 1 million dollars. The lowest price home is $279,000 and the highest price is $1,779,000. There are currently 9 homes with contracts pending on them. 8 of those homes were listed for $589,000 or less and 1 was over 1 million.

Call me to see any of these homes or to get your home appraised. I have over 30 years of real estate experience right here in Western Springs. Linda Hanley Kelly, Charles Rutenberg Realty, 708-334-5356.

Thursday, January 29, 2009

Sale closed in Ridge Acres of Westen Springs


4427 Harvey in Ridge Acres On the market for 905 days this home was originally listed for $1,295,000 and was lowered to $945,000 on December 4, 2008. The home closed for $915,000 on January 29, 2009. This home has 4 bedrooms, 4 1/2 baths, 12 rooms plus a 3 car garage. It sits on a 50 x 214 lot and has a finished basement. Call me to start looking, there are some good deals out there! Linda Hanley Kelly, 708-334-5356

Monday, January 26, 2009

Cool older home for sale in Riverside

Riverside, Illinois
If you aren't one of those buyers who is looking for a new home here is a really cool house for you. I was out showing homes this week-end and I thought I would share this one with all of you. It sits on a 100 x 293 foot lot. Lots of character and charm! Call me today to start looking for your dream home. This one is listed for $1,099,000. Linda Hanley Kelly, 708-334-5356.

Sunday, January 25, 2009

Closed in Forest Hills of Western Springs


5301 Woodland Avenue in Forest Hills of Western Springs
Originally listed in May of 2005 for $1,300,000.00
This home was not yet built at that time. Total market time in the MLS was 1016 days.
5 Bedroom 5 1/2 bath home with 2 fireplaces, finished 3rd floor and finished basement, radiant heat, steam shower and a 3 car garage. Closed on January 23rd, 2009 for $1,035,000.00.
If you are planning a move give me a call. Linda Hanley Kelly 708-334-5356!

Friday, January 23, 2009

Closed in Forest Hills of Western Springs





5142 Lawn Avenue

Forest Hills of Western Springs

The new home closed on January 23, 2009. Originally listed for $1,469,000 and lowered to $1,349,000. This home was on the market for 562 days. It has a finished lower level with a wine cellar and media room, a finished 3rd floor, 5 bedrooms, 4 1/2 baths, 2 fireplaces on a 60 x 187 lot. Sale price: $1,240,000.00

Call me today for a home appraisal-Linda Hanley Kelly, 708-334-5356

Closed in Field Park of Western Springs

Closed on January 23, 2009
4332 Johnson Avenue in Field Park
4 Bedroom, 2 1/2 bath on 80x131 lot
63 days on the market

Originally listed for $695,000, reduced to $625,000 and Closed for $580,000.00. This home was built in 1930.

Monday, January 19, 2009

What is happening in Western Springs this year!


Just a little real estate info for all of you. Since the 1st of January 4 homes in Western Springs have gone under contract. There was one in Field Park for under 400,000, a townhome in Commonwealth in the Village that was in the 400's, a home in Old Town in the 500's and a home in Ridge Acres in the 900's. There are still two homes waiting to close that sold before the 1st of the year.

Historically they say real estate's prime selling time starts after the Super Bowl. So watch out for February 2nd!

Sunday, January 11, 2009

Let's compare single family home sales in Western Springs since 2000

Total number of homes sold in Western Springs for the following years:
2000-189 Lowest sale price $150,000.00
2001-177 Lowest sale price $199,000.00
2002-197 Lowest sale price $204,900.00
2003-168 Lowest sale price $217,500.00
2004-178 Lowest sale price $255,000.00
2005-167 Lowest sale price $283,000.00
2006-139 Lowest sale price $290,000.00
2007-119 Lowest sale price $300,000.00
2008-120 Lowest sale price $270,000.00