Edward Okon of Keller Williams Preferred Realty

10/23/2023

Mount Greenwood Single Family Home Back on the Market!
3 Bedrooms
1 Bath
New Mechanicals and 2.5 Car Garage.
Please DM for any further inquiries.

09/27/2023

Home Inventory shortages have been the story of the year. Despite interest rate increases, home values have continued to rise. If you're interested in seeing what your home is worth, send me a message. I'd love to help you capture the best price possible while the market is still favoring sellers.

Home prices have resumed their upward climb despite mortgage rates that have doubled post-COVID. According to Craig J. Lazzara, Managing Director at S&P CoreLogic Case-Shiller Indices, the National Index for July hit an all-time high. That index, which covers all nine U.S. census divisions,....

09/27/2023

Price Update in the Mount Greenwood neighborhood. 3 bedrooms 1 bath with addition makes for spacious living area. This home provides the opportunity to make it your own. Investors also have the opportunity for rental income with property located steps from Saint Xavier University. New mechanical systems provide peace of mind when purchasing.

Contact me today to schedule your showing.

09/07/2023

NEW LISTING!!!! 3851 w 103rd St
3 Bedrooms
1 Bathroom
New 2.5 Car Garage
Sprinkler System in front yard
New Mechanicals - Hot Water Heater, Furance & A/C
Offered at $265,000

Schedule your showing or DM for any additional information.

05/11/2023

It has been my opinion for some time, that now is still a good time to buy real estate! Despite a drastic increase in rates, prices have continued to remain relatively stable. This has been due to the lack of inventory hitting the market. Anyone that either refinanced or purchased during the period of low rates has no reason to sell. Furthermore, material costs are still elevated and lending restrictions have caused builders to slow on the construction of new homes/projects. All of this translates to low supply and high demand which is why we haven't seen a drastic cut in prices. My contention is that when rates eventually begin to go down (which the FED has hinted may be coming soon), asset prices will increase once again. If you're in the market for a new property or considering selling (or utilizing a 1031 exchange to defer your taxes) to capture your equity, feel free to reach out, I can help.

Many are ready to move but don’t want to lose the low-rate mortgages they locked in a few years ago, crimping the supply of homes and keeping prices high.

05/01/2023

Attention City of Chicago Investors and Property Owners!
"...a proposal to increase the real estate transfer tax on all real estate transactions over $1 million, to 2.65 percent of the sale price from the 0.75 percent in place now for all deals regardless of price."

If you have questions or concerns or are contemplating selling your property don't hesitate to reach out, I can help. This proposal is a huge increase that will ultimately affect your bottom line. If the increase seems a bit farfetched, a similar proposal passed in the city of Los Angeles.

This snippet is courtesy of The Real Deal Chicago Real Estate News

You can check out the full article here..

Chicago Mayor-elect Brandon Johnson signaled a proposal he supports that would triple real estate transfer taxes on sales of $1 million or more is alive and well with additional appointments to his transition team on Thursday. They include affordable housing advocates, and one in particular who has....

08/22/2022

NEW LISTING!!!!
Meticulously Maintained Brick 2 flat Building in Little Village.
Investors will love the opportunity and Owner Occupants will love the space.
Please feel free to send PM for further inquiries

07/07/2022

Price Improvement on a great investment opportunity!!!
952 W 18th St. Chicago, IL
Beautiful location directly on 18th St. in East Pilsen.

06/13/2022

Attention Investors, Rehabbers, Developers. Take a look at this great investment opportunity on 18th St in East Pilsen! Just Listed. PM for further details.

11/12/2020

Just Listed in Chicago!!
2 Bedroom / 2 Bath Condo in South Loop
Heated Garage Space
Double Balconies

Short walk to lake front and fine dining.

Please DM for any further inquiries.