Frankfort, IL Real Estate News

By Maikol Akintonde, Maikol Akintonde
Selling Your Home in Frankfort Here are a Few Things to Consider Though the economic recession hit us hard over the past few years, the numbers of foreclosures are down by 32% as compared to it's peak in December 2010. There are certain cities that's been been flooded by foreclosures and short sales, and for some towns, this fact is not surprising. However, if you're a homeowner in Frankfort looking to sell your home, you may want to consult a real estate professional, prior to listing your property, to get a clear understanding of your local market. Should I Sell My Home as a General Sale? The Chart below shows the median listing prices in the area, as well as the percentage of short sales and foreclosures. Click the Image to Enlarge As you can see, the number of regular sales outweigh...
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By Marco Amidei
(RE/MAX Suburban )
Suttondale, Frankfort, Illinois About Suttondale Suttondale is a semi-custom single family home subdivision built by Flaherty Builders from the mid to late 2010's. Suttondale is located in Frankfort, Illinois west of La Grange Road and south of Lincoln Highway. Average taxes in Suttondale $11,318 Average association fees in Suttondale $0 Average home size in Suttondale 3,500 ft2 Average lot size in Suttondale 0.25 acres Average year built in Suttondale 2003 Homes for sale in Suttondale Address Beds Baths Built Price 10455 Nebraska St. 4 4.0 2003 $439,000 Sales Summary for Suttondale  (Mar 25, 2012 - Mar 25, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 206 $452,950 $391,317 86.4% Recent home sales in Suttondale Address Beds Baths Sold 10620 Shilling Rd. 4 3...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Moving: The P's Have It Planning, Purging, Packing, Paying and. Partying No matter how far the move, next door, across town, or even across the country, a well-executed move begins with planning. This is the stage where you assess the time you have to get ready, what you are bringing with you, how it is getting to the new location, what help you might need, and the budget required. When hiring a professional moving company, get recommendations, check their records with the Better Business Bureau to see any complaints, and only use moving companies that are licensed, bonded and insured. Get more than one estimate, and find out if those estimates are binding or non-binding. Be sure that everything you want to move is included in the estimate, or you might have some expensive additions to ...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
My next door neighbor who has sat at my kitchen table for many a dinner, whose children I've baby-sat for many a day, told me at the re-pass following my Husband's funeral, she's been having sex with my husband for the last 9 years.   This was the reason a potential Client gave me as her desire to sell her home. I've been known for years affectionately by my valued Associates as the "Clean-up Man!"  I've always told them if they ever have a Client wanting to purchase or sell in Chicago area communities deemed unsafe, undervalued, or have a Client who just has too much "baggage," to send them my way before they just give up on them. One of my Associates approached me on a Thursday sharing Dale, can you please contact this Lady for me?  I promised her I would get back with her by this Fri...
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Sara Springs, Frankfort, Illinois About Sara Springs Sara Springs is a single family home subdivision built starting in 2007. Sara Springs is located in Frankfort, Illinois west of LaGrange Road and north of Steger Road. Average taxes in Sara Springs $2,073 Average association fees in Sara Springs $275 ($200 - $350) Average home size in Sara Springs 3,888 ft2 Average lot size in Sara Springs 0.25 acres Average year built in Sara Springs 2012 Homes for sale in Sara Springs Address Beds Baths Built Price 22846 Sara Springs Dr. 4 3.1 2013 $545,000 11061 Riverside Dr. 4 3.1 2011 $559,000 11065 Riverside Dr. 4 3.1 2012 $479,900 Sales Summary for Sara Springs  (Feb 5, 2012 - Feb 4, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 5 62 $584,940 $565,580 96.7% Recent ho...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Making the Most of Storage Whether buying or selling a home, storage becomes an issue. Buyers want ample storage areas -- indeed, it can be a make-or-break feature when buying a home. Sellers need it both for eliminating clutter from rooms while showing a home, and for containing their own personal items. Learning how to best utilize the storage will increase the functionality and presentation of your home. Once you've reduced the amount you would like to store - items have been sorted, unwanted and useless things have been discarded - presumably the remaining items needing storage are wanted, useful, and/or valuable in some way. Here are the steps that will ensure success: Assess: Storage Areas and Items to Store What you have and where you will store it are both questions that are per...
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By Marco Amidei
(RE/MAX Suburban )
Walnut Creek, Frankfort, Illinois About Walnut Creek Walnut Creek is a subdivision of duplexes and single family homes built in the early 2000's. Walnut Creek is located in Frankfort, Illinois north of Lincoln Highway and west of Harlem Avenue. Average taxes in Walnut Creek $0 Average association fees in Walnut Creek $0 Average home size in Walnut Creek 0 ft2 Average lot size in Walnut Creek 0.00 acres Average year built in Walnut Creek 0 Homes for sale in Walnut Creek None Sales Summary for Walnut Creek  (Jan 31, 2012 - Jan 30, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 138 $315,750 $282,958 89.6% Recent home sales in Walnut Creek Address Beds Baths Sold 20640 Lennon Dr. 4 3.1 $490,000 8626 Hotchkiss Dr. 4 3.2 $410,000 20637 Lennon Dr. 3 2.1 $345,000 20...
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By Marco Amidei
(RE/MAX Suburban )
Townhome & Condo Stats for Frankfort, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 57 $229,295 $61,000 $415,500 159 2 bedrooms 31 $223,452 $61,000 $415,500 166 3 bedrooms 23 $225,782 $70,000 $319,900 155 4 bedrooms 2 $287,450 $260,000 $314,900 113 5 bedrooms 1 $374,900 $374,900 $374,900 142 View All Townhomes & Condos For Sale in Frankfort Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Dec 2012 9 $261,478 $244,208 93.7% 87 Nov 2012 12 $244,713 $217,565 88.5% 142 Oct 2012 6 $213,450 $185,900 86.0% 130 Sep 2012 8 $194,800 $173,500 89.4% 163 Aug 2012 12 $211,009 $192,750 89.4% 195 Jul 2012 6 $160,450 $145,083 90.6% 159 Jun 2012 7 $180,915 $165,000 89.9% 81 May 2012 8 $198,888 $184,113 91.8% 104 Apr 2012 10 $198,846 $167,790 81.0% 175 Mar 20...
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By Marco Amidei
(RE/MAX Suburban )
Single Family Home Stats for Frankfort, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 215 $378,729 $75,000 $1,499,000 157 1 bedroom 1 $149,000 $149,000 $149,000 519 2 bedrooms 5 $175,360 $75,000 $249,900 97 3 bedrooms 68 $268,505 $80,000 $599,900 157 4 bedrooms 88 $421,899 $184,900 $749,500 131 5 bedrooms 53 $471,991 $199,900 $1,499,000 200 View All Single Family Homes For Sale in Frankfort Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Dec 2012 28 $341,454 $318,454 94.3% 117 Nov 2012 20 $369,815 $305,965 87.0% 194 Oct 2012 22 $282,157 $251,943 89.3% 166 Sep 2012 19 $344,521 $320,016 91.5% 131 Aug 2012 34 $369,308 $338,010 91.5% 132 Jul 2012 29 $331,128 $304,612 92.5% 109 Jun 2012 29 $330,152 $309,236 93.4% 130 May 2012 20 $374,062 $339,0...
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Laporte Meadows, Frankfort, Illinois About Laporte Meadows Laporte Meadows is a single family home subdivision built by Neumann Homes between the mid to late 2010's. There are 90 single family home ranging from 2,454 to 4,370 square feet. Laporte Meadows is located in Frankfort, Illinois north of St. Francis Road and east of La Grange Road. Average taxes in Laporte Meadows $0 Average association fees in Laporte Meadows $90 ($90 - $90) Average home size in Laporte Meadows 2,964 ft2 Average lot size in Laporte Meadows 0.25 acres Average year built in Laporte Meadows 2013 Homes for sale in Laporte Meadows Address Beds Baths Built Price 19918 Laporte Meadows Dr. 4 2.1 2013 $429,900 19924 Lily Ct. 3 2.1 2012 $419,900 Sales Summary for Laporte Meadows  (Jan 24, 2012 - Jan 23, 2013) # of Sale...
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By Marco Amidei
(RE/MAX Suburban )
Gateway, Frankfort, Illinois About Gateway Gateway is a mobile home community. Gateway is located in Frankfort, Illinois north of Steger Road and east of La Grange Road. Average taxes in Gateway $78 Average association fees in Gateway $0 Average home size in Gateway 0 ft2 Average lot size in Gateway 0.00 acres Average year built in Gateway 1996 Homes for sale in Gateway Address Beds Baths Built Price 22662 Olympia Dr. 3 2.0 1993 $41,909 23025 Cog Hill Dr. 3 2.0 1998 $69,900 10816 Lacosta Ln. 2 2.0 2002 $89,900 22705 Olympia Dr. 3 2.0 1992 $75,500 Sales Summary for Gateway  (Jan 18, 2012 - Jan 17, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 158 $61,767 $43,792 70.9% Recent home sales in Gateway Address Beds Baths Sold 10913 W. La Costa Ln. 3 2.0 $45,000 23...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Richard DeMonica, Operations Manager from his Schaumburg, Illinois office of Integra Mortgage Corporation has just shared with me, Buying a home with a boyfriend, girlfriend or partner can be risky to all parties involved -- much more risky than buying a home with a spouse, anyway.  This is because, with respect to Estate Planning, married homeowners are typically granted federal and state level-protection from which non-married homeowners are typically exempt, says Richard.  Richard is happy to answer your questions @ 630-240-2972 or @rdemonica twitter.   If you're planning to buy a home with a partner in 2013, make the proper protection.   Non-Married Buyers Should Seek Professional, Legal Advice - Non-married, joint homebuyers are rarely granted automatic protection on the federal an...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Testing the Boundaries Ownership of real property is a privilege that once belonged only to kings and nobility, and as masters of our own domain we each take our home and lands very seriously. It is no wonder that boundary disputes can provoke the nastiest of all sentiments between neighbors. Many of these disputes can be avoided, however, if both parties have a clear understanding of facts, proper documentation, and a willingness to come to fair agreements. Know your Facts Boundary issues can arise at any time - so one of the very best ways to avoid an issue around property lines is to know your facts. The time to do this is before signing a purchase agreement. When purchasing a home on land, there is no substitute for a thorough check on property lines, including a clear understanding...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
I've returned to my New Lenox, Illinois office after attending a course of advanced education in the National Association of Realtor's Code of Ethics for professional real estate agents.  I participated in the Graduate Realtor Institute of Illinois held annually in November, at the Double-tree Hotel and conference Center in Bloomington, Illinois, completing another Graduate Course of the Institute, which reviews any needed updates to the Code of Ethics, and examines specialized areas of real estate practice.  "Following the Code of Ethics is the very center of what I value as providing great customer service to all my Valued Client's who have consistently allowed me to serve them these 27 years in selling now over 500 homes the Chicago and Southland market-place!"  The Institute is cond...
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By Raymond Kennedy
(Keller Williams Preferred Realty)
Market Report for Frankfort Illinois | November 2012 Distressed Sales ReportIt's that time again, the time to report November 2012's sale statistics for Frankfort Illinois. To help illustrate the pie chart about Frankfort total sales for both detached single family homes and attached single family homes totaled 32. Of those 32 total sales 22% of them were distressed. I am happy to see that short sales are still out numbering the bank owned foreclosures. This tells me that homeowners in Frankfort Illinois are learning that short sales are a better option for homeowners today and there are far more benefits to them vs. a judicial foreclosure in Illinois. When you compare these numbers to Nov. of 2011, in Frankfort the ratio's are pretty close so there has been no major changes since last ...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Recently at the annual Illinois Association of Realtors Graduate Realtor Institute Grad course - http://www.illinoisrealtor.org/gri-grad - one of the speakers Patti Kouri taught on re-calculating our Inner-GPS. She gave us some cool tools to apply to our business.Two of the most memorable tools were an excercise in just making ourselves laugh. She taught us how to fully embrace Joy, as a vital tool to re-gain strenght to face stress head-on, and/or overcome difficult challenges. Another tool helped us to identify what she called "Psychic-Vampires."We learned "PVs" is an old something Patti's given a "New-School" term, which can be a person, place, thing, and/or anything in our lives draining all of our energy. She had us to personally identify anything or anyone we are giving far too mu...
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By Dale Taylor, Realtor = Chicago Illinois Homes Townhomes Condos
(Re/Max 10 New Lenox Illinois)
Living a Life you Love, While Selling Your Home While you are looking to buy or to sell a home, life goes on - parties and holidays, life-events and out-of-town guests happen. Simply living in your home can be a challenge while you are showing it; keeping things neat and tidy, clean and inviting is not something everyone thinks of or can achieve with ease. So entertaining and decorating for special occasions might just seem impossible - but here are some tips and tricks for ensuring your success in showing a home and having fun, too. Celebrating holidays and events with festive décor can make your home more memorable to potential buyers, and this is the time to control those memories and turn them to your favor. There might even be a plus side to entertaining or hosting events in a home...
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Sandalwood Estates, Frankfort, Illinois About Sandalwood Estates Sandalwood Estates is a single family home subdivision built from the late 1990's to mid 2010's. Sandalwood Estates is located in Frankfort, Illinois north of Laraway Road and west of Wolf Road. Average taxes in Sandalwood Estates $10,030 Average association fees in Sandalwood Estates $174 ($120 - $290) Average home size in Sandalwood Estates 3,273 ft2 Average lot size in Sandalwood Estates 0.36 acres Average year built in Sandalwood Estates 2001 Homes for sale in Sandalwood Estates Address Beds Baths Built Price 11348 Cedarwood Ct. 4 3.2 2004 $525,000 11386 Sandalwood Dr. 3 2.1 2001 $355,000 11535 Tea Tree Ln. 5 3.0 2002 $388,000 22198 Jasmine Dr. 3 3.1 1999 $330,900 11324 Cedarwood Ct. 5 4.1 2001 $464,897 11372 Cedarwood...
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By Raymond Kennedy
(Keller Williams Preferred Realty)
Frankfort Square Homes For Sale If you looking to purchase a home in Frankfort Square IL you do have many options. Frankfort Square is an unincorporated section of Frankfort in Will County Illinois. This area consists mostly of single family homes with some homes built as early as the 1960's and some newer homes in the 1990's. Frankfort Square is a desirable area to live with affordable homes. As you tour Frankfort Square you will be impressed with the pride these homeowners take in their neighborhood and the many available amenities. Some of these consists of beautiful parks and ponds, bike trails, convenienlty located schools, store & shopping, easy access to major transporation and much more. Frankfort Square school district is #161 and the high school is Lincoln-Way North located ri...
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By Raymond Kennedy
(Keller Williams Preferred Realty)
If your a home buyer looking to purchase a home in the $300,000 to $400,000 range Frankfort IL has many options for you. As of today, November 3rd 2012, there are 54 active available homes in Frankfort sitting there ready for you buy. Below you will see a link that will give you an exclusive list of these Frankfort homes for sale. Frankfort IL offers a wide range of home styles, age, location and condition depending on what is important to you. If you are not familar Frankfort IL School BreakdownFrankfort Schools there are two basic break downs by district for elementary and grade schools. Both districts have high ratings so if you have a preference the break downs are important to know. The high school is broken down into four Lincoln-Way schools. Lincoln-Way East, North, Central & Wes...
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