Tag Archives: Chicago Illinois Properties and Values

Great Opportunities for Investors, 1st time home buyers, and move up purchases in Chicago & Suburban Market. Communities like Arlington Heights, Schaumburg, Naperville, St. Charles, Palatine, Elk Grove Village and others…

Updated 3/2017

In Chicago and the suburbs of Chicago, communities like Arlington Heights, Schaumburg, Palatine, Naperville, Wheaton,  St. Charles and others… there are 1000’s for sale. To get daily, weekly updates on new properties for sale.

For more details on any of these properties or to set up a viewing, please contact me at John@JohnHybl.com or direct at 630-975-9000.

The links below will take you to a good article with information on investment property.


Call or email me for a free list of the best investment properties in Chicago or Chicago Suburbs! 

John Hybl real estate
Managing Broker

Direct: 630-975-9000    Email: John@JohnHybl.com

Want to know what kind of mortgage you can afford to purchase? Call Terry Majich with Academy Mortgage today!   630-310-9848




Tips for pricing your property or home in chicago, and chicago suburbs during a buyers market

Selling Tips

No seller likes selling when prices are falling, and it is a buyers market. On top of that there are 1000’s of bank owned properties, short sales, and builders doing deep discounting of their inventory. Currently about 1/2 of the buyers are looking only at properties with deep discounting.

1. Realize that pricing does change by neighborhood. Based on competition, quality of properties, and location, schools, etc. If you want to sell you need to price close to where the last similar ones either sold or went under contract! If you are listed, and not getting any showings for 14 days, you must change the price if you want to sell!

2. Know who your competition is and monitor their activity…pricing, conditions, incentives offered, etc. You may compete with your neighborhood, town, and new construction…

3. Know absorption rates… how many properties on the market vs buyers in it for your town. On the whole in chicagoland there is about an 11 month supply of properties.

4. Have your property ready to show! Staging, updates, repairs done, and a good look. Buyers today are like “Cherry Pickers”. They only want the best! Any negative is magnified in this market. If you cannot fix or update, offer a credit or reduce price.

5. Have a professional appraisal donneand post that result in your flyers for the buyers who come through.

6. Have a Home Inspection done, and repair any issues that come up. Put report out for buyers to see, and information on repairs done.

7.  Hire an agent who will be truthful on pricing, marketing and who communicates and or uddates you regularly!

If you are a 1st time homebuyer, ask us for a free package on the $8,000 Buyer Credit!

Want to know your property value?  Call or email me…

John Hybl  Licensed Managing Broker

 John@JohnHybl.com     630-975-9000

Search 70,000 properties for sale in Chicago & the Suburbs at DanaHybl.com