Marengo, IL Real Estate News

By Teresa Ryan - Naperville Real Estate, Naperville IL & Western Suburbs Real Estate Broker
(Ryan Hill Group)
Marengo IL Home for Sale - 21913 Grossen Rd   This serene estate home is Heaven on Earth and provides the perfect setting for a large private residence or any usage that would enjoy this beautiful land with nature's bounty all around.   Enjoy your own nature preserve. Set on 24 acres (can be subdivided), the property features its own 38' feet deep pond for fishing, an abundance of fruit trees and flower gardens, and Coon Creek runs thru the property as well.   Summertime brings camping, hiking, fishing, pedal boating, and organic gardening. While winter months are perfect for ice skating, cross country skiing, and snowmobile fun Overview Maps Photos Market Stats Click Here To Check Price Single Family Home Main Features 6 Bedrooms4 Bathrooms1 Half BathroomInterior: 14,000 sqftLot: 24.5...
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By Marco Amidei
(RE/MAX Suburban )
Marengo Market Trends for March 2015Marengo home sales for the month of March rose in volume by 50% when compared to last year, while the median sale price rose by 48.8% from $102,500 to $152,500. The number of Single Family homes sales rose by 66.7%, while the median sale price rose by 29.5% from $117,950 to $152,750. Condo/townhome sales decreased by 50%, while the median sale price decreased by 0.3% from $73,725 to $73,500.» View homes for sale in Marengo   » View all recent sales in Marengo_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED ...
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By Marco Amidei
(RE/MAX Suburban )
Locust Elementary School, Marengo, IL - January 2015 About Locust Elementary School Locust Elementary School is a K-4 school in District 165, and is located at 539 Locust St in Marengo, IL. It services homes in Marengo and Union. Single-FamilyHomes23 Condos &Townhomes0 Foreclosuresfor Sale4 NewConstruction0 AdultCommunities1 Homes for sale in the Locust Elementary School area Address Beds Baths Built Price 612 Sara Ln., Marengo, IL 4 2.1 2003 $162,450 24 Loretta Ln., Marengo, IL 0 0.0 0 $77,000 7580 Somerset Dr., Marengo, IL 3 2.1 1982 $320,000 976 Beaver Pond Dr., Marengo, IL 4 2.1 2005 $200,000 617 1st Ave., Marengo, IL 2 1.0 0 $60,000 250 Telegraph St., Marengo, IL 3 2.0 2004 $159,900 546 Navajo Tr., Marengo, IL 2 1.1 1994 $57,500 517 Navajo Tr., Marengo, IL 2 2.0 1992 $42,000 329 G...
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By Marco Amidei
(RE/MAX Suburban )
Parkrise Estates, Marengo, Illinois About Parkrise Estates Parkrise Estates is a subdivision of duplex's built in the early to mid 2000's. Parkrise Estates is located on Johnson Street in Marengo south of Route 20 and west of State Street. Average taxes in Parkrise Estates $2,821 Average association fees in Parkrise Estates $142 ($142 - $142) Average home size in Parkrise Estates 0 ft2 Average lot size in Parkrise Estates 0.00 acres Average year built in Parkrise Estates 1995 Homes for sale in Parkrise Estates Address Beds Baths Built Price 1035 Briden Dr. 3 1.1 1995 $105,000 Sales Summary for Parkrise Estates  (Apr 9, 2012 - Apr 9, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 128 $176,700 $153,667 87.0% Recent home sales in Parkrise Estates Address Beds B...
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By Justin Letheby
(Keller Williams Fox Valley Realty)
2 story brick home Marengo, IL 7012 Hennig Marengo, IL 60152 • Granite counters • Tiled floors • Large Deck • amazingly landscaped. • 3 car garage. • large 4th bedroom/office • Interest rates still low! 390000 Stunning 2 story Home with Peace and Tranquility being the name of the game. The kitchen is setup up great for cooking and entertaining, with the Great room attached to the kitchen. Dont miss this 1! • 4 Bedrooms • 2.5 Bathrooms • 2885 Sq. Ft. • 1 acre Lot Visit this property site for more information http://properties.myredtools.com?siteid=4239 Justin Letheby Keller Williams Fox Valley Realty OFFICE: 815-501-4416 CELL: 815-501-4416 FAX: 8667420105 jbletheby@kw.com http://ww.homesaleeducator.com
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By Randy Schulenburg, Schulenburg Realty, Inc.
(Schulenburg Realty, Inc.)
As a buyer you may be wondering if it is really worth your time to pursue a distressed property.  Foreclosures and Short Sale Homes continue to be the hot topics these days.  Purchasing one of these proerties can present multiple challenges that is not found when closing on a typical home. Is it really worth your time? I have had quite a few clients approach me about buying one of these homes.  There is some information I put together below that you may find helpful as you consider whether or not this is right for you. You will need a lot of patience as these can range from being a big time fixer upper to being in great condition.  They can also receive multiple offers which drives up the price and take a long time to close.  It's also quite possible that the lender can decide to sell i...
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By Randy Schulenburg, Schulenburg Realty, Inc.
(Schulenburg Realty, Inc.)
As a buyer you may be wondering if it is really worth your time to pursue a distressed property.  Foreclosures and Short Sale Homes continue to be the hot topics these days.  Purchasing one of these proerties can present multiple challenges that is not found when closing on a typical home. Is it really worth your time?  You will need a lot of patience as these can range from being a big time fixer upper to being in great condition.  They can also receive multiple offers which drives up the price and take a long time to close.  It's also quite possible that the lender can decide to sell it to another bidder which may take you out of the running. Differences Between a Short Sale and a Foreclosure In a Short Sale the sellers lender must agree to take less than, or 'short of', what the sell...
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By Randy Schulenburg, Schulenburg Realty, Inc.
(Schulenburg Realty, Inc.)
I talk with people weekly about the incentives given by the government to encourage people to buy homes.  So many are confused about the extension of the tax credit.  They seem to have much mis-information. Below is the current, and correct, information regarding the tax credit: How much is the credit? For 1st-time buyers the credit is equal to 10 percent of the cost of the home up to a maximum of $8,000 (or $4,000 for a married individual filing separately). For longterm homeowners, the credit is equal to 10 percent of the purchase price up to $6,500 (or $3,250 for a married individual filing separately).  So keep this in mind as it is not a guaranteed $8,000. I helped a client get his CASH offer accepted on a short sale property the other day that was $79,900.  How much is his credit?...
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