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Real estate news in Chicago

Kari Wilson

“Be consistent, work hard, be kind, and stay humble.” — Kari Wilson, Team Leader, Real Broker, Naperville and Bartlett

NAR advocacy effort starts with Chicago REALTORS®

2025 REALTOR® Party Director Zeke Morris says the association’s lobbying efforts begin at the local level.

Chicago Housing Scorecard: Starts and inventory continue to rise

Chicago’s housing inventory continues to rise, thanks in part to a boost in new-home construction in the market.

MRED partners with Iowa-based Quad City Area REALTORS® 

MRED’s MLS network now comprises 16 Realtor associations. 

Matthew Fuhrman

“Build a relationship with a mentor. Be proactive, listen and learn.” — Matthew Fuhrman, Licensed Real Estate Broker, eXp Realty Chicago and eXp Realty Southwest Florida

Baird & Warner acquires Dream Town

Baird & Warner has acquired Dream Town, which will now represent a combined entity of almost 3,000 agents, loan officers and staff.

Frankfort multifamily community sells for $1.6 million 

The sales price represents the highest price per unit ever recorded for an apartment property of at least six units in Frankfort. 

Case-Shiller: Chicago home-price growth slows in April, tracking ‘healthier, more sustainable’ national trend 

The pace of home-price appreciation slowed to its most modest pace since 2023, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

Illinois REALTORS®: Home sales slow again in May while prices continue to rise 

Inventory was up statewide and in Chicagoland but down within city limits. 

Chicagoland’s suburban median home prices rise to $420K in May

Chicagoland’s suburban median price for attached homes rose 5% in May, reaching $420,000 — up from $400,000 a year ago, according to data from Mainstreet REALTORS®.

@properties Christie’s International names new VP for Winnetka 

The new executive, Kelly Maggio, takes over from Managing Broker Tom Downing, who has taken on a broader role. 

NAHREP names Illinois’ top Latino real estate agents by transactions 

The agents were ranked in the association’s annual Top 250 Latino Agents Report. 

1Fifteen at Michigan Station mixed-use development coming to Roseland

1Fifteen at Michigan Station, a $48.3 million mixed-use housing development, is set to transform a key corner in Chicago’s Roseland neighborhood, the city announced.

JV plans office-to-residential conversion for former Salesforce Midwest HQ 

The top six floors of the 10-story building at 111 W. Illinois St. will be converted into 153 market-rate apartments. 

Mainstreet REALTORS® names 2025 20 Under 40 

The local organization recognized the Realtors as future leaders of Chicago-area real estate. 

Latest phase of Roosevelt Square brings 207 mixed-income residences to market 

With the additions, Roosevelt Square has opened almost 900 of 2,000 planned mixed-income apartments since work began in 2006. 

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