 As far as the Schaumburg IL real estate market is concerned…during 2008, there were 236 homes sold, down from 280 for 2007. The average price for a Schaumburg home that sold during 2008 was $337,458 versus $365,000 in 2007, or a drop of about 7.5%...not too bad when compared to other areas that dropped more! The average market time for a home rose from 136 days during 2007 to 161 days for 2008.
If you are a buyer, there are plenty of motivated sellers who are anxious to sell their home to you at below market prices so they can move into their new home that they are buying at below market prices, as well. First time home buyer? What an opportunity you have to capitalize on this market. Interest rates are very good and their are many new programs available to you to get started. If you are a veteran, you can still qualify for 100% financing! Otherwise, you have to have at least a 3% downpayment. With you good credit and ability to document your current income, you will be well on your way to home ownership. My Buyers Tool Kit is very popular among first time home buyers, You should take a look.
If you are a seller, let me domonstrate to you how your home needs to be marketed and get sold in less than the average market time for top dollar, because it can be done! Want a better understanding about home values where you live now? Click on MARKET WATCH, to get your finger on the pulse of your own neighborhood. My Sellers Tool Kit is very popular with new sellers and those that have gone through the process before. Take a look.
In today's competitive real estate market, preparation is everything. If you work within my proven system, you will be prepared. Specializing in Schaumburg IL real estate foreclosures, real estate that is priced well under market or is already bank owned, I have the most advanced, but very easy to use, technology available to you for reviewing those properties. For local and knowledgeable service in the Schaumburg IL real estate market, contact Gary Miller directly at 630-306-2998.
Schaumburg, IL Community Information
What makes Schaumburg IL real estate such a sound investment? Schaumburg is the largest center of economic development in the State of Illinois, outside the City of Chicago but is still very much a community of neighbors and neighborhoods.
Schaumburg boasts more than 80 miles of bike paths, the Schaumburg Prairie Center for the Arts with a 442-seat theater, gallery and outdoor stage, and Spring Valley Nature Sanctuary. With a superb park district, superior village services and excellant schools, Schaumburg is a wonderful place to live, work and raise a family. For example, Schaumburg High School was listed among the top 5% of schools in the nation by Newsweek Magazine.
Schaumburg has a home to fit every lifestyle, from single-family homes in a wide variety of styles and design, to garden homes and multifamily communities situated in park-like settings, handsome duplexes and townhomes, manor homes and more. Many neighborhoods border parks or nature preserves and are convenient to shopping, transportation and other amenities. As much as Schaumburg is recognized as a center of business and commercial activity, the residents who make their homes here have a genuine sense of community.
VILLAGE GOVERNMENT
The Village of Schaumburg was incorporated in 1956 and operates under the council-manager form of government. Representatives include a Village President and six Trustees, elected at-large by village residents. A professional staff, including a Village Manager appointed by the Village President and Village Board, conduct day-to-day business. Policies are developed by the Village Board and executed by the Village Manager who is responsible for hiring a qualified municipal staff from a diverse range of professional backgrounds. (847.923.4704)
HISTORIC AREAS
Olde Schaumburg Centre, where the flavor of Schaumburg’s early German settlers is preserved, islocated at the intersection of Schaumburg and Roselle Roads, and extends for one-half mile in each direction of the crossroads. A brochure is available that details the significant historic/architectural sites, which includes a walking tour. For information, call 847.923.3852. E-mail: cd@ci.schaumburg.il.us, St. Peter Lutheran Church, the oldest church in Schaumburg and a historic landmark, features an historic cemetery, the village’s first public school house and a museum. For information or tour arrangements,call 847.885.3350. The Barn, 231 S. Civic Dr., just off Carver Lane includes a former farm residence, servant’s quarters and a barn. The buildings now house a girl’s shelter; the Schaumburg Family Counseling Center; Schaumburg Teen Center; and a senior citizens’ nutrition site.
E-mail:humanservices@ci.schaumburg.il.us An historic farm complex also is located on the grounds of Spring Valley Nature Sanctuary. LIBRARY
The Schaumburg Township District Library is located in Schaumburg’s landmark Town Square at the cornerof Roselle and Schaumburg Roads. It is the second largest public library in the State of Illinois and is the designated business library for the Chicago suburban area. It is set up to draw on the resources of thousands of other state libraries through the interlibrary loan service. The full-service, state-of-the-art library also presents various programs and classes for all age groups. For additional information, contact the library at 847.985.4000. OUTDOOR SUMMER CONCERTS
Free Summer Breeze Concerts, featuring a variety of musical performances, are held at the Prairie Center outdoor stage on several Saturday evenings throughoutthe July and August. The stage is located at the intersection of Schaumburg Road and Summit Drive. Residents are encouraged to bring picnic dinners, meet their
friends, and enjoy the music on warm summer evenings. The concerts are co-sponsored by the Village of Schaumburg and the Schaumburg Park District. (847.895.3600) E-mail: prairiecenter@ci.schaumburg.il.us.
SEPTEMBERFEST
Each Labor Day Weekend, Schaumburg sponsors a threeday festival that includes Taste of Schaumburg, a three-day arts and crafts fair, live entertainment, fireworks, food and game booths, and a variety of other activities for all age groups. A parade is a featured attraction on Labor Day. A Friday night kick-off is held at a local hotel and the next three days’ events take place at the Municipal Center grounds. (847.895.3600).
E-mail: prairiecenter@ci.schaumburg.il.us
SHOPPING
Schaumburg is truly a shopper’s heaven. Woodfield, among the world’s largest indoor shopping centers, boasts five “anchor” department stores, and countless others. Many other shopping centers, including large grocery stores, outlets, and specialty shops are conveniently located throughout the village. Town Square, a unique enterprise in the historic heart of the village at the southwest corner of Schaumburg and Roselle Roads, includes the Schaumburg Township District Library, ice-skating pond, shops, an auditorium and restaurants SPRING VALLEY NATURE SANCTUARY
Schaumburg Park District maintains a unique, 135-acre prairie preserve at 1111 E. Schaumburg Road. A model for natural landscaping and wildlife enhancement and conservation, it contains three-and-a-half miles of handicapped-accessible trails complete with markers, trail-side interpretive exhibits on marsh and prairie land, an historic farm site, Salt Creek, pond observation area, formal historic rest areas, benches, native trees, arboretum and abundant wildlife. A natural history museum features craft and ecology classes, nature library, meeting rooms, greenhouse, changing seasonal exhibits and other nature programs. Ongoing special events for the public include a Sugar Bush Fair in March, Peony Day in May, Autumn Pioneer Festival in October, Ghost Jaunt for Halloween, and an Old Fashioned Christmas in December. (847.985.2100). |