Read today of the passing of a true rags to riches story, Larry Weinberg, first started in real estate building houses. That sounds enterprising for a young 20 something, recently married, but his profit was $8 a house. Even back then that’s not much. Its people like Larry that have made this country great for …
Category: Uncategorized
Aug 25
What attracts & keeps employees
What attracts and keeps the best employees? Is it money, more money or titles or are there other factors that prompt new hires to pick one company over another and keeps employees at their current positions? This short but interesting article is for owners, supervisors and potential leaders and while much of the text applies …
Jul 20
Leasing vs Owning for Small Lake County Businesses
Why owning an office condo is preferred Businesses looking to build equity and potential retirement assets, instead of making rent payments, should check out this option. If you are about to renew your lease, probably ought to look into what Northern Cook and Lake County can offer as there are properties in all price ranges …
Apr 20
CRE Technology
The CRE industry has quietly transformed from a “mom and pop” industry to an industry where owners manage complex and global portfolios. Due to this change, commercial real estate represents about 10% of institutional investment portfolios. Even with this evolution, the tools of trade haven’t evolved much. But that is beginning to change. A wave …
Feb 17
Off Market: 501 Peterson
Address: 501 Peterson Rd City: Libertyville, IL Off Market: Office Condo – 1,805 SF (includes 18.8% common area) Suite 100, Unit 2 is an office condominium (first floor) that is part of a larger 9,600 SF standalone brick office building situated in a very private, park -like setting. Unit offers a front foyer, 3 private …
Dec 30
SOLD: 845 N Rand
Address: 845 N Rand City: Lake Zurich, IL 412 ft. Rand Rd. frontage and 2.88 acres, Currently zoned R1, but B1/B3 zoning planned by Village in comprehensive plan. Very high traffic counts – 39,400 cpd. Opportunity for office, restaurant, retail, and assemblage with adjacent lots, up to 6 acres. Rezoning to …
Mar 13
New Construction Costs Big Factor!
As the article notes construction costs continue to rise and the fact that costs go up doesn’t really surprise anyone. That is why many of the clients I work with initially may think they want to build new, but when they see what the costs are to buy an existing structure plus the renovations vs …
Nov 06
Prices Going Up in Lake Zurich?
According to the Loopnet graph below prices appear to have bottomed out with regard to Industrial Property sales in Lake Zurich which will also effect asking lease prices as well…market is moving in right direction, slowly but its moving! Lake Zurich Industrial Trends
Oct 07
Proof the Housing Market is Recovering
This article points out even though sales declined, prices have slowly risen, indicating the inventory glut of homes is drying up. Numbers being down could reflect the decrease in investor purchases and now getting back to more normal with home owners buying/selling. Now question is will the banks cooperate…what do you think. Proof…
Sep 11
Senior Housing Lake Zurich Pathways Project Will Help
78% Growth is forecasted, 11,000 seniors turn 65 every day. The below article very interesting and timely, this Pathways Proposed project will help LZ grow as well, yet, provide much needed housing for the booming Senior Population. Senior Housing Demand
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Joe Heffernan
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