Real Estate Consumer Info.com

Lyn Sims at RE/MAX Suburban is a 20+ year veteran serving the areas of Schaumburg, Hoffman Estates, Elk Grove Village, Bartlett, Streamwood, Medinah, Itasca, Carol Stream, Elgin, South Elgin, Hanover Park, Roselle and St. Charles areas.

I have a lot of buyers ask me "What is a coach home or a manor home anyway"?  It all started with Lexington Builders on the eastern edge of Schaumburg somewhere 30 years ago.  A 'Coach Home' is simply a different name for a "quad" or group of 4 homes put together.  In the coach home layout there are 2 homes on the 1st floor and 2 homes on the 2nd floor.  Then 2 of these groups of 4 are put together for a total of 8 and 'voila' the coach home!  Some other builders in the area also spun the name 'Manor Home' but it is the same concept. (Building Plan attached below for the truly curious).

Lexington Green is a large coach home community located off Meacham Road just south of Schaumburg Road on both the east & west sides of the street.  The community does offer a pool and clubhouse for the residents and exterior maintenance, snow removal, scavenger service and common area insurance is included in the monthly assessments.  A great golf driving range is located nearby along with the Fox Run Golf Course.  Close to Woodfield Mall, great restaurants and fast access to 355 North or South.

There are 4 models to choose from and could be either on the 1st (patios) or 2nd floors (balconies).  Each model has something unique to offer with "C" and "B" units having closet pantries and are middle units.  "A" and "D" units offer larger eat-in Kitchens and a formal Diningroom space.  A one car garage is included with each home.

C Units 2BR 1BA, Low price of $163,000 to the High Price of $194,500   13 total units closed

B Units 2BR 2BA, Low price of $171,000 to the High Price of $219,900   15 total units closed

D Units 2BR 2BA, Low price of $182,000 to the High Price of $216,000     14 total units closed

A Units 3BR 2BA, Low price of $197,000 to the High Price of $213,900     8 total units closed

If you are looking to sell your coach home in Lexington Green or looking to purchase a home in Schaumburg, please don't hesitate to begin your search at my Home Search Website.  You can search for ALL homes listed on the market in the MLS in Northern Illinois and beyond.  I bet there are a couple of homes on the market right now for us to look at!

LYN SIMS      RE/MAX Suburban (847)230-7324

or Email her at LynSims@remax.net with any questions you might have on Lexington Green or purchasing a home in general.  She's got over 20 years experience in the area!

Closed Sales MLSNI Jan-Dec 2007, this article published 1/17/08

There is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the Schaumburg IL area.  Sellers are hot to compete and make their home standout above their competition.  This is a great time to get your first home or move to a smaller home.  Prices have held from 4 to 5% of listing price over the last few months.  This is a great time of year to get a great deal - why not get started now?

Here is a chart of ACTIVE Multi-family Homes in Schaumburg with the MARKET TIMES posted as "Average Days on the Market". 

There are currently 349 homes in various styles and types available with the Average Market Time of 138 days.  The median price is $204,900.  The lowest price is $94,900 and the highest price is a whopping $729,900.  Best price selection is in the $150,000 to $199,999.

Status: Active, Back on Market, New, Price Change, Re-activated   Property Type: Attached Single      Area: Schaumburg        Months Back: All Months

Active Listings

List Price Range # Listings Avg. Days on Mkt Less than $149,999 43 154 $150,000 - $199,999 126 143 $200,000 - $249,999 113 129 $250,000 - $299,999 27 163 $300,000 - $349,999 15 165 $350,000 - $399,999 8 79 $400,000 - $449,999 7 109 $450,000 - $499,999 2 17 $500,000 - $549,999 2 99 $550,000 - $599,999 5 60 $700,000 - $799,999 1 21

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 349 138 $204,900 $221,910 $729,900 $94,900

As you can see the average bracket of pricing for the area is between $150,000 to $249,900 which makes Schaumburg a great affordable area.  To search for homes currently available in the Schaumburg IL area, please go directly to my home search website at www.LynSims.net.  Where all the homes for sale are listed in the same place!

If you are looking to find or sell a home in the Schaumburg IL area, please feel free to contact Lyn Sims of RE/MAX Suburban at 847-230-7324 or 800-637-9345.  I can provide you with information on many of the areas communities.

Contact me, I'm ready to buy or sell a home!

Lyn Sims RE/MAX Suburban 847-230-7324 or 800-637-9345 Outside IL.

Recognized as the largest center of economic development in the State of Illinois (outside the City of Chicago), without question, Schaumburg is the "place for business."  More than 12.1 million sq feet of office space accommodating a number of corporate headquarters. Schaumburg also contains 13,250,000 sq ft of industrial space, occupying over 1,600 acres of land.  So what does that mean for you?  Lower taxes from the large tax base (Woodfield Mall also).  Sales tax revenue helps to fund all of the village's operating departments and funds services such as snow plowing, police and fire response.

Parks and Recreation - The Schaumburg Park District maintains more than 1,000 acres of landscaped parks including Spring Valley Nature Sanctuary, a prairie wild life preserve and an indoor and outdoor museum.  The Park District also operates four community recreation centers, including the Water Works Oasis, a spectacular indoor pool facility.  Golf courses, racquetball courts, summer boat rentals, and three outdoor swimming pools also are under the District's jurisdiction.

Prairie Arts Festival - An annual 2-day juried arts show and sale, featuring the work of more than 150 artists which is help during the Memorial Day Weekend.  Scaumburgfest is held on Labor Day weekend with fireworks, arts and crafts, carnival rides and parade.

Bike Paths - Schaumburg has an extensive system of 85 miles of bike paths, many extending through parks and connecting public & historic locations. Many of the paths are also connect to bike paths in adjacent towns.

Schaumburg Regional Airport - The Village purchased the airport in 1994. Individuals and corporations owning small airplanes may fly directly to Schaumburg and its 3,800 foot concrete runway.  The airport does not have scheduled passenger service, but is serviced by air taxi and charter operations.  The airport includes a new terminal building with restaurant (Pilot Pete's), additional tie-down space and new aircraft hangers.  A heliport is also located near the Woodfield Mall.

Metra Train Station - located on Springinsguth south of Irivng Park, offers 1,268 parking spots and runs the Milwaukee West Line into Chicago.

This is just a short report on Schaumburg!  It's a great area to live and I have always been an area resident and would love to show you our community with over 20 years experience!

LYN SIMS at RE/MAX SUBURBAN (847)230-7324

Check out my home search website at www.LynSims.net for up-to-the-minute MLS search!

SEARCH FOR ALL THE HOMES AVAILABLE ALL IN ONE PLACE!

Lyn, Please send me more info OR I've got some questions to ask!

TIPS FOR FIRST TIME BUYERS - If you are currently in the market for your first home, you probably have lots of questions. You are about to be making an important decision for your future, a great investment of both money and time. I have a wealth of experience helping first time buyers like you make sound, informed decisions. Here are some tips that can help make your home buying process successful:
 

• Tip #1: Do Your Homework
  The perfect home won't find you by itself. The key step in buying a home is doing the proper research. Educate yourself on local schools, neighborhoods, and the kinds of homes available. By visiting my website (www.LynSims.net) and reviewing properties, you can start to put together your idea of the perfect home.

• Tip #2: Start Planning
  Most decisions benefit greatly from proper planning, and home buying is certainly no exception. By marking your favorites, you'll start a file that we can review together. My website is a great resource for property information.

• Tip #3: Get PreQualified
  Getting prequalified for a loan normally only requires a short phone conversation with a lender, and can greatly help your home search. Prequalification does not guarantee you a loan, but it does provide you with an estimated monthly payment and a price range to use as a guide when shopping for homes. Being prequalified indicates to sellers that you are a serious, prepared buyer.  Deciding on the financing for your home can be as important as choosing the home itself.

• Tip #4: Look for Value
  When shopping for homes, it's important to consider potential value. Even if you're not planning to sell the home some time down the line, it's a good idea to consider the future value of the home. You may not think of a new home as a means to make money, but it's an important investment that requires careful consideration. Lyn Sims can show you which areas are the best value and which are not!

• Tip #5: Decide What You're Looking For
  Settle on the home features that are important to you (parking, hardwood floors, architectural style, etc.) and make a prioritized list. Having well established guidelines will help narrow down your search and will prevent you from being shown properties that lack your key amenities. It can help you make the decision not to buy an attractive property that doesn't really fit your needs. My website has a search function that allows you to filter thousands of listings based on features that you select. If you know you want a brick house with gas heat and a garage, you can get the results you're looking for.  MY SITE SHOWS YOU ALL THE HOMES LISTED FOR SALE - ALL IN THE SAME PLACE - NO NEED TO JUMP FROM SITE TO SITE TO FIND YOUR PERFECT HOME!

• Tip #6: Relax
  You don't have to make an offer on the first home you see. Make sure to look at other listings in the area to get a feel for the marketplace. When you decide to make an offer on a house, I'll be there so that all of your questions are answered.

• Tip #7: Protect Yourself
  Paying for a quality home inspection is absolutely critical! You can save yourself thousands in repair costs by having a professional evaluate the soundness of the home you are considering. Never give up your right to a home inspection - the costs is usually around $350.00 and is worth every penny in your peace of mind! 

More information for first time buyers can be found on my website, by giving me a call, or emailing me at LynSims@remax.net.   I'm confident that I can provide the kind of exceptional service that will make this process a fun and rewarding one.  Don't hesitate to contact me with any questions you may have, I would love to be of assistance to you.

Lyn Sims (847)230-7324 or (800) 637-9345 Outside IL

Over 20 years experience in Schaumburg, Hoffman Estates, Elk Grove Village, Medinah, Itasca, Roselle, Bloomingdale, Carol Stream, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles areas.

BUYING A HOME SOON?  LOOKING FOR A HOME IN MEDINAH?  You want to find the best home or property for your needs and to make the wisest investment possible. Lyn Sims understands the importance of this major purchase to you and has the essential knowledge to ensure your buying experience is a smooth and successful one!

Here's a dozen reasons why Lyn Sims can help:

1. Determine your buying power and criteria.
2. Research available properties in your market via many resources such as the Multiple Listing Service (MLS) and a broad network of REALTORS - even if you are locating to another city.
3. WE HAVE ALL THE PROPERTIES LISTED FOR SALE IN ONE PLACE - THE MLS!  No need to go jumping around from site to site to find a home. (START MY SEARCH NOW)
4. Show you properties that meet your specific criteria.
5. Give you objective information about each property.
6. Negotiate a price that fits your budget.
7. Help you understand different financing options and identify qualified lenders. We still do offer 100% financing to qualified individuals! 
8. Provide up-to-date information on property values, real estate taxes, municipal services and facilities, and local zoning changes.
9. Recommend home inspection services to help analyze the structure and condition of the home.
10. Understand the complex paperwork and steps for the purchasing process.
11. Serve as your advisor from "offer through closing".
12. WE DON'T COST YOU A THING - Zip, Zero, Zilch!  As a buying client you pay no fees for our services.

Lyn Sims, a veteran realtor in the Northwest Suburban Area, wants to help you find your next home.  Go to the "Consumer Advisor" section of her website to learn more tips, suggestions and plain advice on searching for your new home!

MEDINAH SINGLE FAMILY HOMES - Median List Price is $442,500 with an average Days on Market of 215.  There are currently a total of 26 homes on the market with the lowest price of $334,900 and the highest price of $1,425,000.  The best selection of homes are priced in the $300,000 to $399,900 price range.

Status: Active                  Property Type: Detached Single                   Area: Medinah   Months Back: All Months

Active Listings

List Price Range # Listings Avg. Days on Mkt $300,000 - $349,999 6 182 $350,000 - $399,999 4 156 $400,000 - $449,999 3 342 $450,000 - $499,999 1 155 $500,000 - $549,999 2 279 $550,000 - $599,999 1 503 $600,000 - $699,999 2 119 $700,000 - $799,999 4 278 $900,000 - $999,999 1 222 $1,000,000 - $1,999,999 2 35

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 26 215 $442,500 $573,218 $1,425,000 $334,900

Lyn Sims RE/MAX Suburban (847)230-7324 works in the NW Chicagoland Suburbs of Medinah, Bloomingdale, Itasca, Schaumburg, Hoffman Estates, Palatine, Roselle, Elk Grove Village, Bartlett, Elgin, Hanover Park, South Elgin, Carol Stream, and St. Charles areas.

Please contact me Lyn for more information!

Email Lyn at LynSims@remax.net

BUYING A HOME SOON? You want to find the best home or property for your needs and to make the wisest investment possible. Lyn Sims understands the importance of this major purchase to you and has the essential knowledge to ensure your buying experience is a smooth and successful one!

Here's a dozen reasons why Lyn Sims can help:

1. Determine your buying power and criteria.
2. Research available properties in your market via many resources such as the Multiple Listing Service (MLS) and a broad network of REALTORS - even if you are locating to another city.
3. WE HAVE ALL THE PROPERTIES LISTED FOR SALE IN ONE PLACE - THE MLS!  No need to go jumping around from site to site to find a home. (START MY SEARCH NOW)
4. Show you properties that meet your specific criteria.
5. Give you objective information about each property.
6. Negotiate a price that fits your budget.
7. Help you understand different financing options and identify qualified lenders. We still do offer 100% financing to qualified individuals! 
8. Provide up-to-date information on property values, real estate taxes, municipal services and facilities, and local zoning changes.
9. Recommend home inspection services to help analyze the structure and condition of the home.
10. Understand the complex paperwork and steps for the purchasing process.
11. Serve as your advisor from "offer through closing".
12. WE DON'T COST YOU A THING - Zip, Zero, Zilch!  As a buying client you pay no fees for our services.

Lyn Sims, a veteran realtor in the Northwest Suburban Area, wants to help you find your next home.  Go to the "Consumer Advisor" section of her website to learn more tips, suggestions and plain advice on searching for your new home!

BLOOMINGDALE SINGLE FAMILY HOMES - Median List Price is $429,900 with an average Days on Market of 170.  There are currently a total of 78 homes on the market with the lowest price of $259,900 and the highest price of $1,700,000.  The best selection of homes are priced in the $300,000 to $349,900 price range.

Status: Active             Property Type: Detached Single               Area: Bloomingdale   Months Back: All Months

Active Listings

List Price Range # Listings Avg. Days on Mkt $250,000 - $299,999 7 118 $300,000 - $349,999 13 180 $350,000 - $399,999 12 156 $400,000 - $449,999 10 131 $450,000 - $499,999 2 119 $500,000 - $549,999 8 185 $550,000 - $599,999 2 299 $600,000 - $699,999 5 176 $700,000 - $799,999 8 260 $800,000 - $899,999 3 34 $900,000 - $999,999 4 145 $1,000,000 - $1,999,999 4 237

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 78 170 $429,900 $545,362 $1,700,000 $259,000

Lyn Sims RE/MAX Suburban (847)230-7324 works in the NW Chicagoland Suburbs of Bloomingdale, Itasca, Schaumburg, Hoffman Estates, Palatine, Roselle, Elk Grove, Medinah, Bartlett, Elgin, Hanover Park, South Elgin, Carol Stream, St. Charles areas.

Please contact me Lyn for more information!

Email Lyn at LynSims@remax.net

MERIBEL is a great townhome community located near the intersections of Barrington and Schaumburg Roads North of the Home Depot Center.  Meribel is comprised of 2-story styled townhomes each with a private entryway and one car garage.  Features and upgrades could include:  9 foot volume ceilings on 1st floor, hardwood floors, lofts, upgraded cabinetry, skylites, vaulted Master Bedroom.  ALL HOMES IN MERIBEL HAVE 2.5 BATHS.

There have only been 8 homes sold and closed for 2007.  Meribel has only 2 models for sale - Savoy Models are 2BR 2.5 Baths.  Normandy Models are always end units and are 2BR, Loft, 2.5 Baths.

Area Market Survey Criteria     Status: Closed   Property Type: Attached Single   Area: Schaumburg          Subdivision:  Meribel           Closed Date: 01/01/2007-12/31/2007

Sold Properties

Sold Price Range # Listings Avg. Days on Mkt $200,000 - $249,999 8 98

Sold Properties Summary

# Units Avg. MT Median Sold Price Avg. Sold Price Max. Sold Price Min. Sold Price Total Volume 8 98 $240,750 $234,625 $245,000 $215,000

The lowest sale was $215,000 and the maximum price is $245,000 with an Average Market Time of 98 days.

If you are looking to sell your Meribel Townhome or thinking of purchasing a townhome in Meribel or another great area, pleae contact LynSims@remax.net  OR begin your HOME SEARCH HERE.  All homes for sale are listed at this one website for your convenience.

LYN SIMS at RE/MAX Suburban (847)230-7324

20+ experience selling homes in Schaumburg, Hoffman Estates, Roselle, Streamwood, Medinah, Itasca, Elk Grove, Palatine, Elgin, South Elgin, Carol Stream, Bloomingdale, St. Charles.

LOOKING FOR A TOWNHOME, CONDO, QUAD, DUPLEX, MANOR HOME IN ROSELLE?  THIS IS THE BEST PLACE TO START!  There is a larger than normal of inventory thruout the Chicago Northwest Suburban Marketplace which includes the Roselle area.  Sellers are competing to make their homes standout and enhance their chances of an offer.  Prices have held between 3 to 4% of the listing price over the last few months.  Sales have slowed as usual over the Holiday Season.  Great deals are to be had at this time of year!

Here is a chart of ACTIVE MULTI-FAMILY home prices in Roselle IL with the MARKET TIMES posted as "average days on the market".  BEST PRICE RANGE $200,000 TO $250,000 and the Average Market Time is 164 days.  Lowest home priced at $125,000 and the highest home is priced at $448,900.

Status: Active            Property Type: Attached Single          Area: Keeneyville / Roselle   Months Back: All Months

Active Listings

List Price Range # Listings Avg. Days on Mkt Less than $149,999 5 159 $150,000 - $199,999 39 154 $200,000 - $249,999 34 126 $250,000 - $299,999 16 144 $300,000 - $349,999 2 216 $350,000 - $399,999 4 298 $400,000 - $449,999 4 510

Active Listings Summary

# Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 104 164 $214,900 $224,539 $448,900 $125,000

Roselle is located in both DuPage and Cook Counties but all statistics are included together in this report. There are currently 104 homes available in different styles with the average market time of 164 days.  The median price is $214,900 and the highest listing price is $448,900.

For an "UP-TO-THE-MINUTE" home search for the Roselle IL area, please go directly to my website at www.LynSims.net to begin your house hunt!

Tips to sell your home faster and for more money in the "Sell your Property" section of my site.  Great consumer advice thruout whether you are a BUYER or SELLER.  Mortgage Calculator and Mortgage Advice too!

If you are looking to find or sell a home in the Roselle IL area, please feel free to contact Lyn Sims of REMAX Suburban at 847-230-7324 or 800-637-9345 Outside IL.  I can provide you with information on many of the surrounding communities possibly not listed here.

I need more help buying or selling a home, please contact me!   OR Email Lyn at LynSims@remax.net

Working the areas of Roselle, Schaumburg, Hoffman Estates, Medinah, Itasca, Carol Stream, Elk Grove, Hanover Park, Streamwood, Bartlett, St. Charles, Elgin and South Elgin for over 20 years!