RESOURCES

Real Estate Resources in Illinois

CHICAGO, ILLINOIS CITY INFORMATION

Chicago is in northeastern Illinois on the shores of Lake Michigan. With a population of 2.71 million, Chicago is the most populated city in Illinois and the third most populous city in the country. One of the top largest urban areas in the world, the Chicago metropolitan area is an excellent place to live and is considered one of the best places to live in Illinois. 

Attracting many young professionals and families to the city for its abundance of opportunities, Chicago is best known for its breathtaking architecture, loyal sports fans, and Chicago deep-dish pizzas and hotdogs. As part of the midwestern United States and the Great Lakes region, Chicago offers its residents the perfect transition to the hustle and bustle of city life through top amenities and reliable public transportation. 

Even though the city gets a bad reputation for its high crime rate, plenty of safe areas and friendly neighborhoods are still available to raise a family. You can check out homes for sale in Chicago or the best neighborhoods in Chicago.

CHICAGO, ILLINOIS REAL ESTATE INFORMATION

Chicago home prices are up 0.8% compared to last year, selling for a median price of $328K. On average, homes in Chicago sell after 70 days on the market compared to 28 days last year. There were 2,010 homes sold in October this year, down from 2,899 last year.

The average homes sell for about 2% below list price and go pending in around 66 days.

Hot homes can sell for about 1% above list price and go pending in around 42 days.

REAL ESTATE LINKS

WHAT IS A COMPANY THAT BUYS HOUSES IN ILLINOIS?

If you are a home seller looking for a buyer for your property, you owe it to yourself to explore all your options and get the facts about companies that buy houses in Illinois. We encourage you to dig through our home buyer blog pages to learn more about what we do. Below are some objective third-party sites that explain what a home buyer is and how they can help you sell your house fast in Chicago, Illinois.

RESOURCES FOR SELLING A HOUSE REGARDLESS OF YOUR SITUATION

Not every home sale fits nicely into a traditional market package. There are a lot of circumstances that may keep you from being able to sell your house the traditional way. A cash sale gives you more flexibility to sell your house as-is for cash and get out of your mortgage. Here are some resources for common situations in which we work with home sellers.

BANKRUPTCY

If you plan to file bankruptcy, a cash sale may help you pay off your debts or avoid bankruptcy.

FORECLOSURE

If you have late mortgage payments or are on the verge of foreclosure, a distressed house, or a short sale, a cash home sale can help you sell your house fast and get out of your mortgage. This option can help you avoid foreclosure and even save your credit to buy another house down the road.

PROBATE

If a deceased loved one left behind debts or unpaid taxes, the executor (usually a family member) will need to assess and sell enough assets to pay the debts. You may need to sell your inherited house as-is for cash to raise enough money to pay the debt and close the probate case.

DIVORCE

Trying to sell a house during divorce is difficult enough due to the legal issues between both parties in court. A divorce can also lead to financial hardship such as bankruptcy or foreclosure. So, the question is whether you can legally sell your house during a divorce proceeding and whether you should sell your house before or after a divorce.