Skokie Real Estate & Much More!

Skokie Real Estate| Skokie Homes| Skokie Homes For Sale|

  

SKOKIE REAL ESTATE| SKOKIE HOMES FOR SALE| SKOKIE HOMES

The Skokie Real Estate market has been declining every month over the last two years. Just about every month, home prices are dropping and the amount of Skokie Short Sales and Skokie Foreclosures increases. This is something that can be said about most areas in Illinois and across the United States unfortunately.  February has brought more of the same to the Skokie Real Estate market. More of the same means more Skokie Short Sales and foreclosures.High listing times, decreasing home values and a surplus of distressed properties. Lets take a look at the Skokie Real Estate market for January 2011

SKOKIE REAL ESTATE DATA
SKOKIE HOMES DATA
(As Of July 2011)

Current Number Of Skokie Homes and Skokie Condos For Sale: 560
Average Listing Time: 240 days
Average Listing Price For 2bedroom Skokie Homes For Sale:$226,000
Average Listing Price For 3bedroom Skokie Homes For Sale $279,000 
Average Listing Price For 4bedroom Skokie Homes For Sale: $435,000
Average Listing Price For 5bedroom Skokie Homes For Sale: $575,000

Average Selling price For 2bedroom Skokie Homes: $177,000
Average Selling Price For 3bedroom Skokie Homes: $220,000
Average Selling Price For 4bedroom Skokie Homes: $291,000

Currently, the Skokie Short Sales and Skokie Foreclosure rate is
at 35% !! This is about average where the Skokie distressed rate usally is.. It ranges anywhere from 30%-40%

Looking to Buy Or Sell Skokie Real Estate? Please contact me for all of your Skokie Real Estate needs? Let my real estate experience and knowledge work for you!

Jim Kontos
President-Broker-Skokie Real Estate Expert-Skokie Realtors
RE/MAX 1st Class
RE/MAX Skokie
Cell 630 327 1936
Office 847 674 9797
jpkontos@gmail.com 
www.skokiehomes4sale.com
www.mychicagoshortsalesite.com

There are several Skokie Realtors out there to chose from, but only a handful of these Skokie Realtors can get you the results that I can get you!





 

Lincoln Ridge| 7450 Lincoln| Skokie Condos| Skokie Real Estate

 

Lincoln Ridge| 7450 Lincoln| Skokie Condos| Skokie Real Estate

The Skokie Condos at Lincoln Ridge at 7450 Lincoln in Skokie,IL is the topic of todays Skokie Real Estate post! The first half of the 2000's brought several new construction Skokie Condos to the Skokie Real Estate market. Lincoln Ridge located at the corner of Lincoln and Skokie Blv was another one of these projects.  The layouts and square footage for the units at Lincoln Ridge are above average. The layout of the 1bed/1.1bath + den "12" units is my favorite.. They are huge!!!  

The downside to this building is lack of ammenities, which is a common thing amongst Skokie Condo buildings..

Lincoln Ridge Condos| Skokie Condos
Built: 2000
Number Of Units: 60
Pet Friendly
Assessments Range From: $280-$400
Assessments Include: Heat, Water, Gas, Garbage/Snow Removal
1bed/1.1bath layout
2bed/1.1bath layout
2bed/2bath layout
3bed/2bath layout

The prices at Lincoln Ridge have been dropping heavily over the last two years, with no recent sales at Lincoln Ridge for almost 1 year.. Spending  in the very low $200,000's for a 2bed/2bath is about where you would want to be right now

Skokie Real Estate Data For
Lincoln Ridge| 7450 Lincoln
(as of March 2011)

Current Number Of Skokie Condos at Lincoln Ridge For Sale: 5

Prices Range From $199,000-$265,000

Avg Listing Time: 200 days 

Number Of Skokie Condos Sold At Lincoln Ridge In Last 6 Months: 0

Looking to Buy Or Sell at Lincoln Ridge at 7450 Lincoln in Skokie? Please contact me to set up a confidential listing appointment or a private showing for the Skokie Condos available at Lincoln Ridge.

Jim Kontos
President-Broker-Skokie Realtor-Skokie Condos Expert
RE/MAX 1st Class
RE/MAX Skokie
Cell 630 327 9136
Office 847 674 9797
jpkontos@gmail.com
www.skokiehomes4sale.com
www.mychicagoshortsalesite.com 

There are several Skokie Realtors out there to chose from, but only a few Skokie Realtors can get you the results than I can get you.


 

Madison Place| 5105 Madison| Skokie Condos| Skokie Real Estate

SKOKIE CONDOS| MADISON PLACE| 5101 MADISON

The Skokie Condos at Madison Place are todays post topic! The Skokie Real Estate Market has several skokie condos for buyers to choose from.  Madison Place at 5105 Madison is another recent condo project.  Norwood Builders  was the builder and developer behind Madison place.  The layouts and room sizes are all well done and spacious, but the building does lack in ammenities for the residents. If you are looking for a Skokie Condo building that has a pool or workout room, then Madison Place isnt for you.

Madison Place| 5105 Madison| Skokie Condos| Skokie Real Estate
Total Number of Units: 60
Pet Friendly: yes
Assessments Range From $200-$550
Assessments Include: H20,Gas,Heat,Air,Garbage and Snow Removal
1bed/1bath layout
2bed/2bath layout
3bed/2bath layout

The prices for some of the condos in this building are completely over priced and rival downtown condo prices and prices at the Optima Building In Skokie.  So before placing an offer on one of the Skokie Condos at Madison Place, make sure your realtor does his/her homework for you!

Skokie Real Estate Data For
Madison Place| 5105 Madison
(as of March 2011)

Current Number Of Skokie Condos For Sale at Madison Place: 2

Prices range from $249,000-$289,000

Number Of Skokie Condos That Have Sold At Madison Place In Last 6 Months: 0 

Looking to Buy or Sell at Madison Place at 5105 Madison place in Skokie? Please contact me to set up a Private and Confidential Listing Appointment or a Private Showing Of Skokie Condos available for sale

Jim Kontos
President-Broker-Skokie Real Estate Expert--Skokie Realtor
RE/MAX 1st Class
RE/MAX Skokie
Cell 630 327 9136
Office 847 674 9797
jpkontos@gmail.com
www.skokiehomes4sale.com

There are several Skokie Realtors out there to chose from, but only a few Skokie Realtors can get you the results that I can get you!

4028 Howard| Skokie Foreclosures| Skokie Homes For Sale

Skokie Foreclosures is the topic of todays post.  The Skokie real estate market is full of distressed properties.. The Skokie Foreclosures and Short Sales rate has ranged anywhere from 30%-40% over the last two years unfortunately.  The Skokie Real Estate market sure has changed since when I opened up my RE/MAX 1st Class office in 2004.

4028 Howard is the latest addition to the Skokie Foreclosure market.

3bed/2bath
Split Level Style Home
Finished Basement
2 Car Detached Garage
No Master Bath
Taxes: $5900
Listed For Sale At $233,900

For all of your Skokie Short Sales and Skokie Foreclosures needs, please feel free to contact me any time, day or night! Let my Skokie Real Estate experience work for you!

Jim Kontos
President-Broker-Skokie Real Estate Expert- Skokie Foreclosure Expert
RE/MAX 1st Class
RE/MAX Skokie
Cell 630 327 9136
Office 847 674 9797
jkontos@remax.net
www.skokiehomes4sale.com
www.mychicagoshortsalesite.com

There are several Skokie Realtors out there to chose from, but only a handful of Skokie Realtors can get you the results that I can get you!