Built in 2004, 55 E.Erie is one of the tallest condo buildings in all of Chicago.  These luxury condos located along the “Mansion Row” district of the River North area, have luxury features:  hardwood floors, fireplaces, at least one balcony with gorgeous views, high ceilings, and marble baths, and updated appliances.  This modern-looking building has a 24-hour doorman, an indoor pool, a steam and exercise room,  and more!

Menard Johnson also loves the fact that pets are welcome at 55 E. Erie!

Click here for condos for sale at 55 E Erie

For more details on properties available at 55 East Erie, Contact Menard Johnson:

Menard Johnson & Associates
2200 W. Roscoe
Chicago, IL 60618
Phone: 773-472-6016
Email: Send Email

New on the market

Our newest listing located in Roscoe Village on 1924 Eddy, started out with great activity. The first day on the market Al Johnson the listing Broker had an abundance of showings with showings lined up all weekend.

What is better is that a home like 1924 Eddy is less than 1MM, which is a sweet spot for many buyers in the North Center / Roscoe Village area?

This home though not new, has been gutted to the studs and rebuilt. The finishes are beautiful and tone he selling points for this home is that it has 4 bedrooms up, and a nice yard. The owners also put some nice detail work into the home. High end faucets, and appliances, this home is a nice blend of old world charm with a modern feel. The location is only a two block from Audubon elementary, which is one of the primary public schools in the Chicago. From here walking to all of what Roscoe Village offers is easy. Come see what trendy Roscoe Village has to offer, you might just want to move there.

Asking Price : $924,000

Taxes: $12,027.46

For more details on 1924 Eddy click here.

Positive activity is happening in the Roscoe Village, North Center and Lakeview Real Estate Market.  In the first 20 days of the new year 67  condominiums or Single Family Homes went under contract or closed.  This number is will grow between now and the end of the month which may prove to be more successful than last year.

Single Family Homes

• Average Market Time for Single Family Homes in January 2012 : 188 Days
• Average Market Time for Single Family Homes in January 2013: 126 Days
• Average Sales Price of Single Family Homes in January 2012:    $823,285
• Average Sales Price of Single Family Homes in January 2013:    $794,666

Condominiums

• Average Market Time for Condominiums in January 2012:  204 Days
• Average Market Time for Condominiums in January 2013:  159 Days
• Average Sales Price for Condominiums in  January2012:    $308,572
• Average Sales Price for Condominiums in January 2013:    $317,777

Market times are considerably lower in 2013 which may be a sign for the year to come.  And price points are creeping up especially in the Condominium market.  Hopefully this trend will continue through - out the year.  Stay tune to see what February brings.

Menard Johnson & Associates
2200 W. Roscoe
Chicago, IL 60618
Phone: 773-472-6016
Email: Send Email

1 East Schiller Street
In Chicago’s Gold Coast neighborhood is 1 East Schiller Street, a beautiful condominium building that has stood at the spot since 1964.  Located only two blocks from the beautiful Lake Michigan waterfront and a short drive from the Magnificent Mile, the building also has the added bonus of being close to the Lincoln Park Zoo.  .  Though the building was completed in the 60’s the accommodations are of modern luxury.  Pets are welcome, and there is an in-house valet service along with an attached garage.  The building contains 78 units (boasting many different lay-outs) spread across 23 floors.  Each unit has an average of 950 square feet of living space with a standard master bedroom being 143 square feet.  The main entrance has the look of a more modern building and there is a doorman on duty.  Come live in a building that has been a part of Chicago’s Gold Coast for years without sacrificing anything in the area of modern Chicago living.

Click here for details on real estate at 1 East Schiller Street

Click here for all homes for sale on Schiller Street in Chicago

Roscoe Village New Development:  Two years ago in the height of the recession people were looking to many real estate developers in the Roscoe Village area to buy their old single family homes and multi units. The only problem was finding a builder who actually would take a chance in a nonexistent market. LOT prices at that time ranged from $350,000 to $390,000 for a property that was not distressed. In Roscoe Village, 2010 began the year of actual movement. As soon as one house sold, the developers began picking up land or started constructing new single family homes with land they were holding on to.

By April, one our developers was able to secure land for under $400,000 in a prime Roscoe Village location. Soon afterwards we obtained another property for slightly over $400,000. This became the pattern for the next year.  Slowly in 2012 more new homes began appearing and selling quickly. The new homes had listing prices of $1,299,000 and sold for average of approximately $1,250,000. The average buyer wants to be under $1,300,000 and this is usually a James Hardie Board exterior (a cement board material rather than Brick and block which would a significant dollar amount increase).

Now it's 2013 and a standard LOT in the Roscoe Village area is tipping up around $480,000-$500,000 for the land only. Another warm start to winter has kept the housing market steady. Construction prices have gone up and the city has now added new requirements which add to the price tag. Some builders are beginning to add brick veneer to the exteriors, which costs more than stone and Cement Board.

With the added amount of money in LOTs, Construction and city codes the price points will be driven up and there will not as much room for
negotiation on the developers end. Be prepared to pay close to $1,300,000 for a quality new construction.

But, buyer beware- know the product and the quality of workmanship. Too many homes are not quality driven. Make certain when shopping for a home to get educated on what products are quality driven.

Contact Us:

Menard Johnson & Associates 2200 W. Roscoe Chicago, IL 60618 Phone: 773-472-6016 Email: Send Email

New Home For Sale:  1900 West Fletcher Street, Chicago IL

Single Family  $1,479,900
6 bedrooms
5 bathrooms , 1 half baths
5000 square feet, 0.013 acres

Impressive Home On Corner 41 foot Wide Lot, 6 Bedrooms, 5.1 Baths. Top Of The Line Finishes. Extensive Millwork, Coffiered Ceilings. Island Kitchen with Wolf, Subzero, Appliances.  Formal Diningroom , 3 Fireplaces, Huge Recreation Room in lowerlevel, that includes a Wet Bar, Wine Cellar, Radiant heat, Walkout, Master Suite W/ Spa Bth. Prewired AV, Wrap Around Porch, Patio W/Fireplace, Yard, 3 Car Garage with Drive Off Wolcott. Looking For A Special Home That Is Unique This Is It. Roscoe Village.

For more details or to schedule a showing, click here

Contact Us:

Menard Johnson & Associates
2200 W. Roscoe
Chicago, IL 60618
Phone: 773-472-6016
Email: Send Email

Recently I was speaking with an associate I work with and he told me about recent phone conversation he had with another real estate consultant  inquiring about a new construction Single Family Home being built in Roscoe Village.  After she asked the price, which is $1,300,000, she wondered how new home in Roscoe Village could be priced more than $950,000?  The simple answer-  land alone is almost $500,000, then add everything else and $1,300,000 doesn’t look too bad.

Obviously this broker had no idea what she was speaking about and it’s a shame because she represents clients every day.   Even worse, she is an established broker that has been in real estate a very long time.

Roscoe Village is one of Chicago’s hottest areas with Audubon School the neighborhood feel, and close proximity to the loop.  Also, let’s not forget the price points in RV are  actually some of the best on the North Side.

More information on homes for sale in Roscoe Village

Charese David

Real Estate Broker

MenardJohnson & Associates

charese@menardjohnson.com

www.menardjohnson.com

773.472.6016 ex 17

773.472.9240

CAR TOP PRODUCER -2009,2010,2011

Real Estate In Wrigleyville

The historic neighborhood of Wrigleyville is part of the larger Lakeview neighborhood. It centers on Clark Street in the area between Irving Park Road to the north, Roscoe Street to the south, Fremont Street to the east and Southport Avenue to the west.

The neighborhood is named for Wrigley Field, home to the fan favorite Chicago Cubs. It is located right in the middle of an urban neighborhood and has become a vital part of the neighborhood. The surrounding streets center around the famous ballpark. Fans from all over come to enjoy the atmosphere that surrounds Wrigley Field, including the hot dog vendors and numerous neighborhood bars.

Wrigley Field has had positive impact upon its surroundings. At one time when the area was down, Wrigley Field was the institution in the neighborhood that brought people in and supported the retail and service facilities. There is housing across the street from the stadium along with numerous restaurant and bars. Apartment buildings across from Wrigley Field sell for a premium because fans can sit on the roof and watch the game. Now, condos are being constructed amid the 100-yr-old three flats and two flats with original woodwork and bay windows.

But it is much more then just a sporting neighborhood. Wrigleyville provides and a wide range of activities, from drinks and dinner to dancing. Clark Street has a wide range of ethnic cuisines and unique shops, all within a few short blocks. The southern edge reflects the influence of neighboring Boys Town. Wrigleyville is now home to many young professionals who enjoy its proximity to Lake Michigan. Yet even with Wrigleyville's enormous variety, a charming neighborhood feeling pervades.

Congestion and parking can be bad, especially during a ball game. Many residents supplement their income by renting out their garages to fans during the season.

The area is very accessible by public transportation. The Red Line El stops at Addison, next to Wrigley Field. The 22 bus runs down Clark Street.

What's in a realtor?

Ever wonder why there are so many realtors and how can you tell a good one
from a bad one? You are not alone. In Chicago alone there are over 11,000
realtors.  Each one thinking they know better than the next and the problem
is that there are some that really do know better than the next. What is so
unfortunate in the real estate industry is that anyone can get their license
and not really know a thing about properties.  It's fine to pass a test and
say you are a licensed realtor, but the only way to really understand real
estate is to get on the job training!!!

Everyone thinks real estate is easy, but coming from 17 years
of corporate experience, I can tell when I went into Real estate it was the
toughest industry I had ever worked in.  I have to compete with great number
of people and many of those people don't deserve to be in this industry.
Best advice I can give  client? Make certain you work with a qualified
representative who is looking out for your best interest, not just a sale.

Charese David

773-472-6016 x17

Email me

This is an example blog post. You can post whatever you think your users may be interested in. Market conditions, area information, things about the buying and selling process are all good things to write about. Have FUN!!! You may even want to write about a certain area real estate community and what is going on in that real estate market.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.