Lake Villa & Lindenhurst Market Area Trends

 

 

Team Splitt just listed the home located at 21648 Pine Street in Lake Villa, IL 60046. This home is available for sale or for rent at $2400 a month.

 

 

Address	Bdrms	Baths.	Style	Bsmt	Asking Price
1380 Brighton Ln	4	2.1			149,000
1390 Brighton Ln	4	2.1		Finished	175,000
1454 Carriage Ln	3	1.1	Tri Level	English, Sub	193,500

Address	Model	Asking Price	Sale Price	Closed Date
1414 Carriage Ln		175,000	175,000	5/27/2010

So you are looking for the fireworks shows in the Lake County Illinios area and don't know where to go. Here are just some of the activities to do in the area including the fireworks shows!

 

Grayslake

July 3 at Central Park, Library Lane and Central Park Road.  Entertainment, animal shows and A Taste of Grayslake will be featured, with fireworks held at dusk.  For more information, go to glpd.com. Fireworks at dusk

Fox Lake 

 July 3 and 4, with a parade starting at 10 a.m. at Grant Community HIgh School,  285 E. Grand Ave. July 3. After the parade, attendees can stop at Millennium Park, located at Rollins Road and Grand Avenue, to view an arts and crafts show, purchase food, listen to entertainment and watch the fireworks at dusk. 

Round Lake area 

Annual Independence Day celebration on July 4. Hosted by the Round Lake Area Park District, the event will include a community band  performance of patriotic tunes from 6 to 7 p.m. at the Village of Round Lake Beach's Cultural Center Outdoor Stage, 2007 Civic Center Way. 

Antioch

July 4th,  Event kicks off at 8 a.m. for the 16th annual 5K Run for Freedom and Fun Walk.  A parade  begins at 11 a.m. Parade watchers can see the floats and bands on Orchard, Lake, Hillside and Toft streets.

Lake Zurich

The annual Lake Zurich Independence/Family Day kicks off at 9 a.m., July 3 at Paulus Park, 200 S. Rand Road, Lake Zurich. It will be a day full of activities, entertainment and food.

At 9 a.m., the park and beach open. The Taste of Lake Zurich and the beer and wine tent open at 11 a.m. Children's games will run from noon to 4 p.m.

From 3 to 4:30 p.m., Mystriss the Band will play. The B-Side Band will hit the main stage from 7 to 9 p.m. and the boat parade will be at 8 p.m.

Fireworks will start about 9:15 p.m.

Libertyville

The Village of Libertyville will have a fireworks display and the Libertyville Village Band will perform on July 4 at Butler Lake Park, on Lake Street west of Milwaukee Avenue, in Libertyville.

The band will play a concert of patriotic music at the Butler Lake Band Shell beginning at 7:30 p.m. The fireworks display will begin at about 9:30 p.m.

Lincolnshire

On July 3, activities will run from 4 to 10 p.m. The Lincolnshire Community Nursery School is hosting a children's concert from 4 to 5 p.m. The food court and beer tent will be open 5 to 10 p.m. Vintage and classic cars will be on display from 6 to 10 p.m. Musical entertainment will be onstage from 7:30 tp 10 p.m.

The Annual Lincolnshire Fourth of July 5K will start at 8 a.m. and a children's run will also take place. Registration is $30 for the 5K on race day.

The bicycle and stroller decoration contest will be from 10:30 to 11 a.m. The parade will be from 11 to noon. Children can Touch-A-Truck between noon and 4 p.m.

The Cardboard Boat Regatta is from 2:30 to 3:30 p.m.

Fireworks will start at about 9:30 p.m.
Mundelein

During the Fourth of July weekend, Mundelein Community Days featuring activities,  entertainment, games and food is taking place on Seymour between Courtland and Division.

The Fourth of July parade will take place beginning at 2 p.m. July 5.

On July 5, the fireworks display is schedule to begin at 9:30 p.m.

Vernon Hills

July 4 The parade will start at 9 a.m.

At 6:30 p.m., J.P. and the Cats will perform at Century Park, 1001 Lakeview Parkway.

The fireworks display is set to start at 9:30 p.m.

Information gathered from Triplocal.com

Lake Villa & Lindenhurst Market Trends

 

 

For Rent! Fantastic Home for this price! Call, see, make an offer before its gone!

 

Address	Bdrms	Baths.	Style	Bsmt	Asking Price
1380 Brighton Ln	4	2.1			162,000
1390 Brighton Ln	4	2.1		Finished	175,000
1454 Carriage Ln	3	1.1	Tri Level	English, Sub	194,500

Address	Model	Asking Price	Sale Price	Closed Date
1357 Regency Ln	Ranch	175,000	168,000	4/1/2010
1414 Carriage Ln		175,000	175,000	5/27/2010

Lake Villa & Lindenhurst Market Trends May 2010

 

 

 

Are you a seller in trouble? Are you behind in mortgage payments? Here are some of the answers you have been looking for.

A short sale is when the home's current value is less than the mortgage and the closing costs that a seller will incur when selling a house. The seller does not have the funds available to make up the difference. A short sale is different from a foreclosure where the bank takes the necessary steps to take the property from the owner through legal action.

Consider contacting your lender to arrange a loan modification. Your lender may have programs available to help you. You may be able to lower your interest rate for a period of time or the length of your loan. Another option may be to refinance the loan.

If you are not able to do a loan modification or this is not enough to help and you need to sell your home, look for help with an experience Realtor. When you interview agents make sure to ask if they have experience with short sales. Have they taken any classes to learn about the process to help you get through it? There are currently a few designations available to Realtors to learn about what the process is and how to best help a client. You will also need the help of an attorney that has handled short sales before.

You will need to show some sign of distress to the bank. Distress could be loss of a job, divorce, or in some way your income is not great enough to make the payments on the loan.  Gather your information before an offer comes in. You will need to have a distress letter written to the bank explaining your situation, your past two years of your federal taxes that have been filed, along with proof of your assests and income. These will be delivered to the bank once your have an accepted contract with a buyer.

Buyers will need to be prepared to wait for the bank approval. This typically can take anywhere from 2 months to 9 months depending on the lender. Your realtor and attorney will help you along the way. The bank will review the papers and order an appraisal to verify the price of the home compared to the purchase agreement.

The lender has approved the contract and typically will responsd with a time frame to close within. This is usually within 30 days. While going through this process you usually can stay in the home. Make sure your attorney reviews the banks response so you know how the short sale will effect you. They do effect your credit, although less than a foreclosure will. You may also have to pay taxes on the mortgage forgiveness.  Having experience people help is key.

If you have more questions, we can help. We have experience with short sales, foreclosures, and are also CDPE (Certified Distresses Property Expert) certified.

Visit us at Team Splitt and give us a call to learn more.

We recently ran a search of distressed homes for sale in the multiple listing service. This would include those homes that area a short sale, foreclosure, or possibly a pre-foreclosure. While some of the information is difficult to pull without going through each home listing, this is what we found.

For the first quarter of 2010 for the homes that have closed or sold
Town                                             percentage of the market that was a distressed sale
Antioch                                          56%
Grayslake                                      29%
Gurnee                                           24%
Libertyville                                   23%
Lindenhurst/Lake Villa              45%
Round Lake                                   76%

So for the homes that are currently listed for sale on todays market what percentage of the market is a distressed sale?
Antioch                                           12%
Grayslake                                       14%
Gurnee                                            13%
Libertyville                                      4%
Lindenhurst/Lake Villa               21%
Round Lake                                   17%

Interesting to know the numbers that are out there.  While a smaller percentage of distressed sales are on the market they make up a larger portion of the homes that are selling and closing in Lake County.

To search for homes in Foreclosure or as a short sale, please visit Lake County Best Buys
To search all homes available in Illinois, please visit Lake County Home Search
If you have any questions about buying or selling a home please visit our website at Team Splitt

Address	Bdrms	Baths.	Style	Bsmt	Asking Price
1380 Brighton Ln	4	2.1			165,000
1453 Brighton Ln	4	2.1		Unfinished	200,000
1454 Carriage Ln	3	1.1	Tri Level	English, Sub	194,500

Status	Address	Bdrms	Bath	Model	Bsmt	Asking Price
A/I	1414 Carriage Ln	3	1.1		Crawl Space	175,000

Address	Model	Asking Price	Sale Price	Closed Date
1388 Regency Ln	Two-Story	212,000	205,000	1/27/2010
1357 Regency Ln	Ranch	175,000	168,000	4/1/2010

Lake Villa & Lindenhurst April Market Trends

 

 

 

Not sure what to do? Here are a few ideas that may of interest to you....

April 11 at 2pm

Cinderella's Glass Slipper - College of Lake County - 847-543-2300 - A musical version of the classic tale.

April 14-16th

Let's go Science - College of Lake County - 847-543-2300 - Learning Physics is fun

April 16

Jerry Seinfeld - Genesee Theater

April 16-18, 22-24

The School for Scandal - College of Lake County - 847-543-2300 -comedy theater

April 16th

Family Fun Day - Hunt club Park Soccer Field, Gurnee- 847-599-5499-musical entertainment and kite flying.

April 17th

Take a Step for Kids - Independence Grove, Libertyville - Help fight child abuse

April 23

Smelt Fest - Park Avenue Beach, Highland Park - Spaghetti dinner - YUM!

April 30-May 2

Chocolate Festival - Downtown Long Grove - 847-634-0888 - Everything chocolate!

Lake Villa & Lindenhurst Market Trends for March 2010

 

 

Address	Bdrms	Baths.	Style	Bsmt	Asking Price
1414 Carriage Ln	3	1.1		Crawl	178,000
1390 Brighton Ln	4	2.1		Finished	182,000
1380 Brighton Ln	4	2.1			174,000

Status	Address	Bdrms	Bath	Model	Bsmt	Asking Price
A/I	1357 Regency Ln	3	1.1	Ranch	Full	175,000

Address	Model	Asking Price	Sale Price	Closed Date
1388 Regency Ln	Two-Story	212,000	205,000	1/27/2010

Did you know that you can donate food to the local food pantry at anytime? You don't need to wait for a food drive to come to you anymore. You can drop food at a local pantry or even donate food online at Northern Illinois Food Pantry. At this site you can purchase food or donate money. With the economic times we are currently experiencing, food is desperately needed and your help is needed. To see a list of local pantries in the area, along with the hours of operation, just click here. We recently went to Sam's Club and purchased items to bring to the pantry and you can too!

Lake Villa & Lindenhurst Market Area Trends February 2010

 

 

 

Address	Bdrms	Baths.	Style	Bsmt	Asking Price
1357 Regency Lane	3	1.1	Ranch	Full	175,000
1453 Brighton Ln	4	2.1		Unfinished	200,000
1414 Carriage Ln	3	1.1		Crawl	178,000
1390 Brighton Ln	4	2.1		Finished	182,000

Address	Model	Asking Price	Sale Price	Closed Date
1388 Regency Ln	Two-Story	212,000	305,000	1/27/2010

Lake Villa & Lindenhurst Market Trends

 

 

Address	Bdrms	Baths.	Style	Bsmt	Asking Price
1357 Regency Lane	3	1.1	Ranch	Full	175,000
1388 Regency Lane	4	2.1	Two Story	Partial	212,000

Status	Address	Bdrms	Bath	Model	Bsmt	Asking Price
CTG	1390 Brighton Lane	4	2.1		Full Finished	182,000

Address	Bdrms	Baths.	Style	Bsmt	Asking Price
1453 Brighton Lane	4	2.1		Partial	200,000
1357 Regency Lane	3	1.1	Ranch	Full	175,000
1388 Regency Lane	4	2.1	Two Story	Partial	213,500

Status	Address	Bdrms	Bath	Model	Bsmt	Asking Price
CTG	1390 Brighton Lane	4	2.1		Full Finished	182,000

Address	Model	Asking Price	Sale Price	Closed Date
1381 Regency Lane	Two Story	184,900	173,000	10/27/2009

 

 

 

 

 

 

 

 

Here are just a few of the areas different Trick or Treat hours this year.

October 31st, 2009

Antioch   2-5

Barrington   3-8

Gages Lake 4-7

Grayslake   4-7

Green Oaks 4-8

Gurnee   1-4

Lake Villa 4-7

Libertyville   4-8

Lindenhurst 4-7

Mundelein 4-8

Round Lake Beach 1-5

Round Lake 1-7

Third Lake 4-7

Halloween Safety Tips

• Only “Trick or Treat” in neighborhoods and houses you are familiar with

• “Trick or Treat” in groups or with parents/guardians

• Do not wear costumes that obstruct your vision or are tripping hazards

• Only cross the street at intersections and be watchful of road traffi c

• Do not enter a home to receive a treat

• Accept only wrapped or sealed treats

Lake Villa and Lindenhurst Market Trends for October 2009