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Oak Lawn, IL Real Estate News

By Brenda Kasprzyk, Realtor - Palos Heights, Palos Hills - Homes
(Real People Realty)
                OPEN HOUSE Were having an OPEN HOUSE this Sunday  August 18,  Time:  12:00  -- 3:00 8735 Natoma, Oak Lawn .Il. 60453 Brenda Kasprzyk708.945.2178                                                           
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Eagle Ridge, Oak Lawn HomesReal estate in Eagle Ridge subdivision in Oak Lawn, Illinois consists of detached single family homes built between 1988 and 2005. As of 02/01/2018, there are 7 homes on the market in Eagle Ridge subdivision.Real Estate for Sale in Eagle Ridge, Oak LawnWith 3 active, 4 contingent and no pending listings, the average list price of a property on the market in Eagle Ridge is $310,257, with an average living area of 2,583 square feet. Highest priced house on the market located on W 107th St with 5 bedrooms, 3 full baths, one half bath and 3,490 sqft of living area is listed at $420,000. Lowest priced home located on S Washington St with 3 bedrooms, 2 full baths and 1,616 sqft of living area is listed at $169,000.Buying or Selling a Property in Eagle Ridge?Interest...
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By Marco Amidei
(RE/MAX Suburban )
Lawn Manor School, Oak Lawn, IL - November 2017 About Lawn Manor School Lawn Manor School is a P-2 school in District 125, and is located at 4300 W 108th Place in Oak Lawn, IL. It services homes in Alsip, Garden Homes, Merrionette Park, and Oak Lawn. Average taxes $4,472 Average association fees $0 Average home size 1,310 ft2 Average lot size 0.25 acres Average year built 1958 Homes for sale that attend Lawn Manor School Address Beds Baths Built Price 4336 111th St., Oak Lawn, IL 3 2 1958 $259,900 11911 Avers Ave., Alsip, IL 3 1.1 1956 $149,900 12201 Harding Ave., Alsip, IL 3 1.1 1960 $119,900 3359 Merrion Ln., Merrionette Park, IL 3 2 1986 $225,000 Sales Summary  (Nov 7, 2016 - Nov 7, 2017) # of Sales Average Days on Market Average List Average Sale Ratio% 38 115 $165,077 $149,671 90....
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By Marco Amidei
(RE/MAX Suburban )
H L Richards High Sch(Campus), Oak Lawn, IL About H L Richards High Sch(Campus) H L Richards High Sch(Campus) is a 9-12 school in District 218, and is located at 10601 Central Ave in Oak Lawn, IL. Single-FamilyHomes 0 Condos &Townhomes 0 Foreclosures for Sale 0 NewConstruction 0 AdultCommunities 0 Homes for sale in the H L Richards High Sch(Campus) area None Sales Summary for the H L Richards High Sch(Campus) area  (Dec 30, 2012 - Dec 30, 2013) None Recent home sales in the H L Richards High Sch(Campus) area None Averages for the H L Richards High Sch(Campus) area Average taxes in the H L Richards High Sch(Campus) area $0 Average association fees in the H L Richards High Sch(Campus) area $0 Average home size in the H L Richards High Sch(Campus) area 0 ft2 Average lot size in the H L Ri...
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By Marco Amidei
(RE/MAX Suburban )
Oak Lawn-Hometown Middle School, Oak Lawn, IL About Oak Lawn-Hometown Middle School Oak Lawn-Hometown Middle School is a 6-8 school in District 123, and is located at 5345 W 99th St in Oak Lawn, IL. It services homes in Hometown and Oak Lawn. Single-FamilyHomes 15 Condos &Townhomes 14 Foreclosures for Sale 0 NewConstruction 0 AdultCommunities 1 Homes for sale in the Oak Lawn-Hometown Middle School area Address Beds Baths Built Price 4504 101st Pl., Oak Lawn, IL 3 1.1 1963 $223,900 9645 Kedvale Ave. #205, Oak Lawn, IL 2 2.0 1975 $79,900 9002 Beck Pl., Hometown, IL 3 2.0 1950 $144,900 4125 97th Pl. #307, Oak Lawn, IL 2 1.0 1972 $33,990 9321 52nd Ave., Oak Lawn, IL 5 3.0 1960 $265,000 9820 Pulaski Rd. #117, Oak Lawn, IL 1 1.0 1969 $39,900 5100 96th St. #228, Oak Lawn, IL 2 2.0 2006 $209,9...
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By Marco Amidei
(RE/MAX Suburban )
J M Hannum Elementary School, Oak Lawn, IL About J M Hannum Elementary School J M Hannum Elementary School is a K-5 school in District 123, and is located at 9800 S Tripp Ave in Oak Lawn, IL. It services homes in Oak Lawn. Single-FamilyHomes 5 Condos &Townhomes 6 Foreclosures for Sale 0 NewConstruction 0 AdultCommunities 0 Homes for sale in the J M Hannum Elementary School area Address Beds Baths Built Price 4504 101st Pl., Oak Lawn, IL 3 1.1 1963 $223,900 9645 Kedvale Ave. #205, Oak Lawn, IL 2 2.0 1975 $79,900 9820 Pulaski Rd. #117, Oak Lawn, IL 1 1.0 1969 $39,900 9627 Kedvale Ave. #204, Oak Lawn, IL 2 2.0 1972 $60,000 4104 99th St. #D, Oak Lawn, IL 2 2.0 1975 $99,900 9709 Kenton Ave., Oak Lawn, IL 3 1.1 1964 $224,900 9736 Kolin Ave., Oak Lawn, IL 4 3.0 1967 $260,000 9802 Karlov Ave. ...
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Central Park Condos, Oak Lawn, Illinois About Central Park Condos Central Park Condos were built in the early 1990's. Central Park Condos are located in Oak, Lawn, Illinois west of Central Avenue off of 103rd Street and Major Avenue. Average taxes in Central Park Condos $3,883 Average association fees in Central Park Condos $135 ($130 - $140) Average home size in Central Park Condos 1,000 ft2 Average lot size in Central Park Condos 0.00 acres Average year built in Central Park Condos 1992 Homes for sale in Central Park Condos Address Beds Baths Built Price 10251 Major Ave. #106 2 2.0 1991 $79,900 5636 103rd St. #-101 2 2.0 1993 $139,000 Sales Summary for Central Park Condos  (Apr 9, 2012 - Apr 9, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 138 $88,367 $79...
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By Raymond Kennedy
(Keller Williams Preferred Realty)
On July 27th we closed another Bank of America Short Sale on a property located in Oak Lawn IL. No mather how many Short Sales I do one thing always remains the same and that is no deal is the same. In this particular case this Short Sale was very easy and smooth. I don't want to set the expectation that they are all like this but they do occur and when you do the right things at the right times, the easy ones occur more often.Before I continue here is some important information if you are pursuing a Bank Of America Short Sale. Here is some more information on Bank Of America Short Sale Package. You can find specifics here  for Bank Of America Cooperative Short Sales which may include homeowners incentives.One of the best parts of my day is when I get that approval letter from the a ban...
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By Brenda Kasprzyk, Realtor - Palos Heights, Palos Hills - Homes
(Real People Realty)
Ronald McDonald House   -  Vegas Night  -  Oak Lawn, Il. This inaugural event will be a night filled with food, casino gaming, and prizes.   Please join us for the 1st annual Vegas Night. Saturday , November 12 , 7 pm to Midnight. Tickets include food, drinks, and gaming chips. to use at the tables. Earn tickets through poker, craps, blackjack,and roulette. Then use those tickets to win exciting prizes! **chips can not be exchanged for cash.   Tickets available at www.hopevegasnight.com $50.00 now , and $60.00 at the door. If you have donations for the  Ronald Mc Donald House  you may drop them off at the House at 4410 w. 93rd Street, Oak Lawn. Valuable prizes to be won, which include professional sporting event tickets, airline tickets, golf outings, and many more!     Entertainment by...
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By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Mortgage markets improved last week on a bevy of economic and geopolitical news. Conforming mortgage rates in Chicago improved, falling to their lowest levels of 2011. It's a welcome development for home buyers and rate shoppers nationwide. Mortgage rates were expected to rise throughout most of this year. There were four big stories that contributed to falling rates last week. The first was the news that Osama bin Laden was killed. The news was announced over the weekend, and by the time markets opened Monday morning, the price of oil was already falling. Falling oil prices reduce inflationary pressures on the economy and because inflation contributes to rising mortgage rates, the absence of inflation helps them to fall. This news carried markets to Thursday morning. That's when the De...
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By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Consumer spending is alive and well, it seems -- unwelcome news for today's home buyers.  Wednesday, the Census Bureau will release its March Retail Sales figures and the report is expected to show higher sales receipts for the 9th straight month. A strong reading like that should spell higher mortgage rates in Chicago and nationwide. The connection between Retail Sales and mortgage rates is fairly tight. Retail Sales are "consumer spending" and consumer spending accounts for the majority of the U.S. economy. The U.S. economy, of course, is a dominant force in setting the direction in which mortgage rates are headed. For example, in 2010, it was a weak economy and murky outlook that helped drive mortgage rates to all-time lows. Since last year, however, the jobs market has started its ...
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By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Mortgage rates may be a function of free markets, but real estate taxes are a function of government. And, depending on where you live, your annual real estate tax bill could be high, low, or practically non-existent. Compiling data from the 2009 American Community Survey, the Tax Foundation, a non-partisan educational organization in Washington D.C., published property taxes paid by owner-occupied households, county-by-county. The report shows huge disparity in annual property taxes by region, and by state. As a percentage of home valuation, Southeast homeowners tend to pay the fewest property taxes overall, while Northeast homeowners tend to pay the most. But statistics like that aren't especially helpful. What's more useful is to know how local real estate taxes stack up as compared...
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By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
In a volatile week of trading, mortgage markets closed unchanged last week. Despite economic data proving stronger-than-expected -- a situation that tends to lead mortgage rates higher -- concern for persistently high oil prices tempered Wall Street's excitement and mortgage rates stayed steady. That's not to say rates weren't volatile, however. From day-to-day, mortgage rates showed huge variance last week and several lenders issued five separate rate sheets Friday. The 12-month average is slightly less than two per day. Expect the volatility to continue into this week, too. With little economic data due for release, mortgage rates should move on momentum. This would be good news for rate shoppers and home buyers throughout Illinois because mortgage rates ended last week on a downswing...
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By Ray Gillenwater
(Keller Williams Realty)
Pet Odor Can Chase Away Buyers Don’t let pet odors derail your home sale. Read Visit houselogic.com for more articles like this. Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®
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By Ray Gillenwater
(Keller Williams Realty)
A $3 Tip to Stop Squabbles About Water Usage Confession time: my husband, Mason, and I have been known to squabble over the kitchen faucet. He likes to leave it running while he cleans up, while I fret about wasting water. Read Visit houselogic.com for more articles like this. Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®
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By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
As part of the Census Bureau's data collection activities from 2005-2009, a number of interesting charts have been published at http://census.gov. The data should not be confused with Census 2010 -- a separate survey conducted every 10 years. This is the first-ever, 5-year American Community Survey. Based on data from 3 million households, it details social, economic, housing, and demographic data "for every community in the nation". Among the surveys: Median Household Income, Inflation-Adjusted To 2009 Dollars (Chart) Median Housing Value Of Owner-Occupied Housing Units (Chart) Percent Of Households That Are Married, With Children Under 18 (Chart) The ACS survey also charts average commute time by county. The chart is shown at top. Whether you live in a "long commute" town like Richmo...
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By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Home sales data is easing so far in this calendar year. Home resales and new construction have dropped to multi-month lows and, in many cities, home supplies are rising. One housing sector that's not slowing, however, is rentals. The rental market is booming. As reported by the Wall Street Journal, the average apartment vacancy rate is 6.6% nationwide, down from 8.0% last year. In addition, the number of occupied apartments rose by more during Q4 2010 than during any comparable period of the last 10 years. It's a major reason why rents are up 2.3%. Some areas, however, fared worse than others. This study of rent increases as published on MSNBC, for example, lists the 10 U.S. cities in which rents increased the most last year. And they may not be the cities you'd expect. In order: Greenv...
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By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Existing Home Sales fell 10 percent last month, according to a report from the National Association of REALTORS®. On an annual basis, 4.88 million homes were sold in February -- the first time annualized home resales dropped below 5,000,000 since November 2010. An "existing home" is one that's not considered new construction. And it's not just sales volume that's down. Home inventory is higher, too. At the current pace of sales, the number of months needed to sell the complete home resale inventory rose by 1.1 months, to 8.6 months nationally. It's the biggest one-month jump in supply since July 2010 -- the month after last year's federal home buyer tax credit program expired. The data is somewhat unexpected, too. NAR's Pending Home Sales report is a reliable predictor for the housing m...
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By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Mortgage markets improved again last week despite an inflation-acknowledging statement from the FOMC and stronger-than-expected jobless data. Usually, events like this would lead mortgage rates higher, but violence in the Middle East and worsening fear for public safety in Japan took center stage instead, spurring a massive, global flight-to-quality instead. Rate shoppers in Oak Lawn  benefited. As safe haven buying increased last week, conforming mortgage rates dropped, falling to their lowest levels since January. It marked the 5th straight week through which mortgage rates improved and is the longest such streak since August 2010. This week, rates may run lower again. You may not want to gamble on it, though. Here's why. In general, when there's inflation in the U.S. economy, mortgag...
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By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Homebuilders are optimistic about the housing market this spring, relative to recent months. According to the monthly Housing Market Index as published by the National Association of Homebuilders, after 4 straight months of reading 16, March homebuilder confidence ticked 1 point higher to 17. It's the highest confidence reading in 10 months. A value of 50 or better indicates "favorable conditions" for home builders; with more builders viewing sales conditions as "good" than "poor". HMI hasn't read higher than 50 since April 2006. Regionally, the Housing Market Index showed mixed results. Confidence fell 1 point in the Northeast, held firm in the Midwest, and rose in the Southeast and West regions by 2 points and 4 points, respectively. As an index, the monthly survey is actually a compo...
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