Friday, May 26, 2017

For Sale: 1330 W Diversey Pkwy Unit 3E, Chicago - Lakeview | willtveit.com - dreamtown



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New Listing:   1330 W Diversey Parkway, Unit 3E, Chicago  |  Lakeview

Listed at $630,000
  • Large Open & Airy Living Room
  • 42" Custom Cheery Cabinetry
  • Stainless Steel Appliances
  • En-Suite Marble Master Bathroom
  • Large Steam Shower
  • Crown-Molding & Millwork
  • Beautiful Hardwood Floors
  • Mudroom w/ Side-by-Side Washer/Dryer
  • Oversized Balcony + Huge Common Deck
  • Garage Parking + Additional Outside Space
Gorgeous 3 bedroom/ 2 bathroom condominium with high-end finishes throughout, including hardwood floors, gourmet kitchen w/ commercial grade stainless steel appliances, cherry cabinets, marble master bath. Beautiful mill work and separate mudroom with side-by-side washer/dryer, Oversized balcony via hallway and master bedroom, as well as a huge common rooftop deck. One garage space plus one outdoor parking space included.

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Thursday, May 25, 2017

5 Things to do this Weekend | willtveit.com - dreamtown

Dreamtown Realty
Northwestern Senior Dance Concert: One More Time!
Lisz Festival
The 2017 Senior Dance Concert showcases a variety of pieces rooted in the most viscerally pleasing aspects of dance, refined by the education and knowledge received over the past four years. Including works both narrative and abstract in their nature, the show honestly reflects the uniqueness and diversity of the women at its helm.
When: Thur May 25 – Sat May 27
Where: Dance Center Ballroom (10 Arts Circle Evanston)
Hours: 7:30pm
Admission: $5 students / $10 general public
More Info: northwestern.edu
Mole de Mayo
Humanities Festival
The 8th annual Mole de Mayo festival in Chicago's historic Pilsen pits local chefs and restaurants against one another in preparing the delicious Mexican staple, mole. The outdoor festival will also feature a Mercado of the city's finest food vendors and local Pilsen crafters, musicians, and a luchador exhibition match!
When: Fri May 26 – Sun May 28
Where: 18th St & Ashland
Hours: Fri 5pm – 10pm, Sat 12pm – 10pm, Sun 12pm – 9pm
Admission: $5 individual / $10 per family
More Info: eighteenthstreet.org
Chicago House Party
Cerebral Sorcery
"House" music is deeply rooted in the city of Chicago, with many considering the city to be the genre's birthplace. Millennium Park hosts a showcase of local Chicago talents at the Chicago House Party. The event will feature a variety of music acts, from live performances and features to DJ sets.
When: Sat May 27
Where: Jay Pritzker Pavilion (201 E Randolph)
Hours: 2pm – 9pm
Admission: Free
More Info: cityofchicago.org

Greek & Mediterranean Wine Fest
Greek Independence
Celebrate the spirit of Dionysus when Greektown Mediterranean Wine Fest makes its alluring debut this spring! Scores of European wines will be celebrated along with tasty dishes from the neighborhood's iconic Greek restaurants, allowing you to taste pairings of wine with gyros, moussaka, and much more.
When: Sat May 27 – Sun May 28
Where: Greektown (Halsted between Van Buren & Jackson)
Hours: 2pm – 9pm
Admission: $40 for tasting
More Info: greektownchicago.org
Memorial Day Parade
Cubs Victory
The nation celebrates Memorial Day this Monday, and in Chicago, the whole weekend is an occasion to mark the holiday. The City of Chicago's Memorial Day Parade honors all men and women who made the ultimate sacrifice in defense of our country, while also kicking off the summer festival season.
When: Sat May 27
Where: Daley Plaza (50 W Washington St)
Hours: 12pm – 9pm
Admission: Free
More Info: cityofchicago.org







Monday, May 22, 2017

Just Listed | Lakeview Condominium For Sale | willtveit.com - dreamtown

Just Listed in Lakeview | Chicago 

1330 W Diversey Pkwy, Unit 3E, Chicago, IL 60614

3-Bed / 2-Bath Condo with Garage Plus Extra Parking Space   |   $630,000 


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Gorgeous 3 BR/ 2BTH condominium with high-end finishes throughout, including hardwood floors, gourmet kitchen w/ commercial grade stainless steel appliances, cherry cabinets, marble master bath. Beautiful mill work and separate mudroom with side-by-side washer/dryer, Oversized balcony via hallway and master bedroom. Huge common deck as well. One garage space plus one outdoor parking space included!























Friday, May 19, 2017

Co-op Apartments vs Condos | willtveit.com - dreamtown

REAL ESTATE: Chicago & North Shore

Co-op Apartments vs. Condos



 CO-OP APARTMENTSCONDOS
AssessmentsCo-op monthly assessments cover the same expenses as for condos (see right) plus 1/12th of the property taxes (see Property Taxes below) and any building mortgage (see Financing Special Projects below).Condo monthly assessments cover expenses for staff, maintenance, reserves, and any utilities provided by the condo association.
FinancingDown payment requirements are higher for most co-ops in Chicago. A few require a minimum of only 20% down. Many allow 50% financing. Some are cash only.The condo associations don't set minimum down payments.
Financing Special ProjectsCo-ops are able to finance special projects via a mortgage for the building. In some circumstances, owners may be able to deduct their portion of the interest on that mortgage. Consult your accountant for details.Condo associations are not able to mortgage the common elements of the building. If there is not enough money in the association's reserves, the association can have a special assessment paid by the owners.
Form of OwnershipBuyers purchase shares of the corporation that owns the co-op apartment building. A proprietary lease gives the buyers the right to occupy a specific apartment.Buyers own their unit and become members of the condo association which owns the common elements.
Purchase ApprovalAfter signing a contract to purchase a co-op apartment, buyers must submit to the co-op's board an application including financial information and letters of reference (both professional and personal). Buyers must also be interviewed by the co-op board. The focus of the approval process is on the buyer's ability to pay their monthly assessments since an inability to do so would put a financial burden on the rest of the co-op owners. The board must abide by Fair Housing Laws.A very few condo associations reserve the right to approve buyers. Approval is much less involved than for a co-op, The association must abide by Fair Housing Laws. Some condo associations have the right of first refusal allowing them to purchase a condo, if they feel the price is too low.
Property TaxesSince there is only one property tax bill for the entire apartment building, an owner's portion is paid to the co-op through the monthly assessment.There is a property tax bill for each unit payable directly by the owner of the unit.
Renting UnitsMost co-ops in Chicago do not allow apartments to be rented out. A few allow rentals on a limited basis such as a maximum of 2 years.Many condos allow units to be rented out, but have rules such as the minimum length of leases. More condos in Chicago have been prohibiting rentals for new buyers recently.
Transfer FeesA few co-ops charge a transfer fee of 1% to 3% of the sale price. This is in addition to Chicago's buyer transfer tax which is 0.0075% of the sale price.Condos don't have transfer fees. As with co-ops Chicago's buyer transfer tax which is 0.0075% of the sale price applies.
















Saturday, May 13, 2017

OPEN HOUSE | New Construction | 1141 Darrow Ave, Evanston, IL 60201 | willtveit.com - dreamtown


OPEN HOUSE - Sunday, May 14, 2017, from 12 to 2 p.m.
1141 Darrow Avenue, Evanston, Illinois 60202
3 beds + 1 below grade  |  3.5 baths  |  $799,000

 New Construction! Gorgeous hardwood floors, open floor plan & lovely block in great location. Kitchen features white cabinets, glass backsplash, quartz counters, stainless steel appliances. Second floor with  laundry & 3 large bedrooms including master with stunning bath. Basement features 9 foot ceilings, wet bar, bedroom, office and HUGE recreation room. Must see!