Each office Independently owned and operated.
1808 N. Arlington Heights Road Arlington Heights, IL 60004 remaxsuburban.com
GREG OLSON
DOWNTOWN PALATINE’S
CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com
FINEST CONDOS & TOWNHOMES www.DowntownPalatineHomes.com
Living, Loving, and Promoting Our Community’s Value Since 2004 Published by Real Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018
Visit DowntownPalatineHomes.com for community info, listings, and recent sales.
MARCH 2018 REAL ESTATE MARKET REPORT
JUST LISTED IN PALATINE Large Single-Family Home & Custom Ranch Home!
49 S Greenwood Avenue
785 N Morrison Avenue
5 Beds, 3.5 Baths | 2,652 Est. Sq. Ft. Offered at $369,900
2 Beds, 2.5 Baths | 2,580 Est. Sq. Ft. Offered at $329,900
PRESENTED BY GREG OLSON
YO U R D O W N TO W N PA L AT I N E N E I G H B O R AND REAL ESTATE SPECIALIST Dear Downtown Palatine Homeowner, For more information on either of these magnificent homes or to have your home professionally marketed, call me today at 847.977.7024.
PREPARED ESPECIALLY FOR Downtown Palatine Homeowner
WHY IS SPRING THE PERFECT TIME TO LIST YOUR HOME?
GREG OLSON
BUYERS WILL BE PLENTIFUL
CPA | SFR | Managing Broker
Year over year, more homes sell in the spring than in any other season. Buyers are motivated and plentiful!
847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com
DAYS ARE LONGER Days are longer allowing for more time during the day for open houses and private showings.
NATURE IS IN FULL BLOOM
Downtown Palatine Homeowner, Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Greg Olson, your Downtown Palatine neighbor and real estate specialist. DowntownPalatineHomes.com
Curb appeal is the first thing potential buyers see when they approach your home. Spring is a great time to show your home when your landscaping is at its peak.
MORTGAGE RATES ARE INCREASING With predictions trending towards a rate increase, selling now while they are still low means your buyer pool will be larger – more people will pre-qualify for your home.
GREAT SEASON TO BUY AND SELL
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES
No need to worry about the winter season and snow being a hindrance on your move. Spring is the perfect time of year to move into your next dream home!
REAL ESTATE MARKET REPORT • The Benchmark • The Brownstones • The Groves of Palatine • Palatine Station • The Preserve • Stratford Downtown
Downtown Palatine Homeowner This is the perfect time of year to take advantage of seasonal momentum and improved market conditions. I am a real estate professional that excels in Downtown Palatine properties. Please call 847.977.7024 to discuss how I can help you maximize the selling potential of your home.
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES CURRENTLY LISTED Status
Subdivision
Address
Type
Beds
Baths
Estimated Square Feet
List Price
List Date
Active
The Benchmark
132 W Johnson Street 401
Active
The Brownstones
60 N Smith Street
Condo
2
2.0
1,650
$298,950
02/06/18
Townhouse
3
3.1
N/A
$650,000
01/21/18
Active
The Groves of Palatine
Active
The Groves of Palatine
372 W Wood Street
Townhouse
2
2.1
1,965
$329,000
01/31/18
392 W Wood Street
Townhouse
3
3.1
2,180
$357,500
Active
03/03/17
The Groves of Palatine
488 W Wood Street 1
Townhouse
2
2.1
2,267
$384,900
03/03/18
Active
Palatine Station
323 W Wood Street
Townhouse
2
2.2
1,800
$329,900
12/05/17
Active
Palatine Station
147 N Rose Street
Townhouse
2
2.1
1,800
$330,000
02/28/18
Active
Palatine Station
209 W Wood Street
Townhouse
2
2.2
1,800
$344,900
03/01/18
Active
Palatine Station
243 W Wood Street
Condo
2
3.1
1,820
$345,000
02/22/18
Active
Palatine Station
259 W Wood Street
Townhouse
2
3.1
1,800
$350,000
09/29/17
Active
Palatine Station
313 W Wood Street 21
Townhouse
2
3.1
1,820
$354,000
02/08/18
Active
The Preserve
455 W Wood Street 305
Condo
2
2.0
1,329
$279,900
02/02/18
Active
The Preserve
455 W Wood Street 313
Condo
2
2.0
1,368
$310,000
02/14/18
Active
The Preserve
455 W Wood Street 402
Condo
2
2.0
1,527
$315,000
01/09/18
Active
The Preserve
435 W Wood Street 405
Condo
2
2.0
1,554
$339,900
02/12/18
Active
The Preserve
435 W Wood Street 208
Condo
2
2.0
1,666
$339,900
10/01/17
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES SOLD IN THE LAST 3 MONTHS Status
Subdivision
Address
Type
Beds
Baths
Estimated Square Feet
List Price
List Date
Sold Price
Sold Date
Sold
The Benchmark
132 W Johnson Street 402
Mid-Rise
2
2.1
1,366
$279,000
09/19/17
$272,000
12/08/17
Sold
Palatine Station
241 W Wood Street
Townhouse
2
3.1
N/A
$354,000
09/25/17
$345,000
02/02/18
Sold Sold
Palatine Station
142 N Rose Street
Townhouse
2
2.1
1,792
$329,000
09/30/17
$310,000
01/16/18
Palatine Station
245 W Wood Street 245
Townhouse
3
2.1
2,200
$349,900
06/02/17
$340,000
01/08/18
Greg Olson and RE/MAX Suburban are not in any way affiliated with Downtown Palatine Owners Association, nor is this in any way an official advertisement or publication of Downtown Palatine. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS for December 6th, 2017 through March 6th, 2018. Listings and sales may not be those of RE/MAX Suburban. The National Association of Realtors® and MRED MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
ARE YOU LOOKING FOR AN EXPERT IN CONDO & TOWNHOUSE LOANS? The Messina Team is committed to providing you the highest quality financial solution that is specifically tailored to meet your financial needs. Whether you are purchasing the home of your dreams or refinancing an outstanding loan, we can help find you the right program. Pasquale Pete Messina NMLS# 227000 847.951.1697 pmessina@themessinateam.com
Illinois Residential License #MB6750717
PRODUCTS OFFERED: Conventional FHA, VA Jumbo, USDA, IHDA Purchase or Refinance Chris Wallace NMLS# 224090 708.525.5953 chris@themessinateam.com