Atypical Single-Family Home in Ukrainian Village

Click here for your virtual walkthrough of this atypical single-family home in Ukrainian Village. 5 bedrooms, rooftop deck, yard, and in Mitchell school district. Priced at $1,250,000 Contact us today for a tour or to sell your home this way.

 

Berkshire Hathaway Takes It Virtual

Watch Video: BHHS Chicago: Innovation, Ideas and Determination

Berkshire Hathaway and the Dowell Group are adapting with the times, with video calls, virtual walkthroughs, and much more. Technology in today’s world is keeping business moving forward, allowing access to homes without leaving your front door, and keeping everyone’s safety a top priority. While we are forever grateful to have access to devices that allow us to stay connected, from Zoom to Facebook, Instagram, and practicing our moves on Tik Tok, we are finding the best way to stay really connected is with a simple phone call. Take the time to reach out to a loved one, friends and family, or a long lost acquaintance who has been in the back of your mind. You will be surprised what a simple phone call can do to brighten someone’s day.

Sky High Luxury Living in the Gold Coast

Looking to live the sky-high lifestyle?

Just Listed:

175 E Delaware #8301-2
3 Bed, 2.1 Bath
$1,250,000

Surround yourself with breathtaking views of the city and lake from the 83rd floor of 175 E Delaware. The combined unit creates an almost 3000 sq ft home great for entertaining, with open floor plans and separate massive master suite.

Click here for full details.

Stunning Andersonville Single Family Home Under Contract in One Week

 Click here to watch this video of our gorgeous single family home in Andersonville that went under contract in one week. 

The Dowell Group agents are experts on luxury living, whether it is new construction or rehabs, and can get a premium for your home. If you are looking to sell, there is a gap in the market and we have been selling homes for a premium.

Reach out today for your complimentary market analysis.

Vacant Land Ready to Develop, Bring Your Ideas.

2221 W Oakdale, Chicago - Vacant Land for Sale

Vacant land on the river ready to be developed. 1.84 acres with skyline views on an “L” shaped lot. Previously zoned for PD single family homes and townhomes. Close to Midtown, many groceries stores, Target, tons of restaurants. Environmentals completed. Bring your ideas!

 

Listed at $6,500,000

Why Your Home’s Staging is Essential

 

Same room with Staging
Living Room without Staging

 

 

 

 

 

 

 

 

 

 

We’re asked at many listing presentations, “Why should I stage my home?” We get it! When you’re looking to net the highest profit, the last thing you want to do is incur more costs. That said, in this case the old saying of, “Sometimes you have to spend money to make money” is truer than ever. Staging your home peeks prospective buyers interest and lets them visualize themselves living in your home. Presenting a buyer with a staged layout is the one of the best ways of getting them to the next step of envisioning where their own furniture would go and picturing what their future looks like in your home.  

 

When selling your home perception is everything and staging is a tool that you as the seller can use to have more influence. Peaking imaginations with an organized, clean home and collection of cohesive furnishings not only accent the style and architecture of the dwelling, but also capture a larger audience and get more potential buyers to view your home in person. The more people viewing, the better chance of receiving an offer. The quicker you come to terms, the less you spend in holding costs. Seems simple enough, right? Well, as you are thinking this is an “investment”, so we all know that nothing is guaranteed. That said, here are a few stats on staging. 

 

Sell for a Higher Price: 

On average, Chicago listings that are staged sell for 4-6% higher than their non-staged competitors. An empty home can seem cold and be difficult for buyers to picture how the home could be laid out. Staging helps show the actual size of rooms and takes out the guess work. We want the buyers to imagine living in the home, not if their couch will fit in the living room. 

 

Sell Faster: 

A staged home will generally sell faster and receive more inquiries than a comparable home that is not staged. Buyers are generally viewing many homes and the more memorable your home is the better. When a buyer exits your home with a brochure filled with beautiful photos of your home, it is easier for them to recall it after viewing 10 other homes. Purchasing a home is based largely on “the feels” and staging can set the scene for those.  

 

Cost of Staging: 

The cost of staging your home is typically negligible to the price increase you yield for selling your home staged. Typical staging packages start as low as $2500 depending on the size of your home. While holding costs for every seller vary, staging to begin with takes out the guess work on multiple levels and eliminates an extended listing time should your home not sell and you decide a stage must happen later.  

 

Simply put, using a professional staging company highlights the layout of your home and adds a designer feel for a nominal price. No home is 100% perfect. However, staging helps to enhance the wonderful aspects and put a little lipstick on the funky parts. In these instances, things that we initially view as needing a bit of camouflaging, can turn into a charming addition. Our goal as your realtor is to give you not only the best advice, but amazing resources as well. Sometimes a home needs nothing more than a bit of decluttering and rearranging, in other instances a full stage in the best choice. We’re here to walk through your home and give our assessment & ideas to garner the most favorable outcome for you. The Dowell Group creates individual a marketing platform for each listing with the objective to yield more money in less time. Contact us today for an appointment at 312-391-5655 or ddowell@thedowellgroupre.com. With our expertise you will have the satisfaction of knowing that you have done everything possible to procure a quick and profitable sale for your most valuable asset! 

 

Chicago Market Analysis: May-August

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Chicago real estate market has experienced historic numbers this summer, so it’s no surprise that listing prices and sales figures have risen. In comparison to last year, the median sale price in the Lincoln Park, West Loop, and Lakeview neighborhoods have all increased 6% or more. For sellers, May-August in the Windy City has been quite fortuitous almost across the board.

Entering the summer market, the buzz around the city was that inventory was low. However, in all these areas the numbers tell a different story. All five neighborhoods included in this study (Lakeview, Lincoln Park, West Loop, Bucktown, and Downtown) saw 6.8% or more in new listings than the same time last year! Downtown leading the way with a 13.6% increase. While these figures are great for prospective buyers, it’s important to consult an agent and exam the stats of your area if you are a seller. Overflow of inventory does have the potential to affect median sales figures. The analysis of Downtown is an example of how a larger number of listings could possibly decrease sale prices. 

Overall, this summer market 2017 was strong with very limited stagnation that allowed prices to stay steady and/or increase in the majority of areas. As real estate professionals, we daily see how the market ebbs and flows, which makes us an excellent resource to our clients. If you’re considering selling your home or would like to learn more about the status of your neighborhood market and home value, please contact The Dowell Group today for a free comparative market analysis!

Dowell Group #3 in Sales!

The Dowell Group is #3 in sales for our Chicago Berkshire Hathaway office…which is number #1 in the Midwest and #3 in the Nation!

Thank you to all our clients who trust us to negotiate & facilitate the best deals for them. If you are looking to buy, sell, rent or invest contact us today. We are here for you 24/7.