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Updated over 5 years ago on . Most recent reply

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Blaze Pavars
2
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9
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Real Estate in Roselle Illinois

Blaze Pavars
Posted

Hey guys, I am considering purchasing an office building in Roselle Illinois.

I am from Toronto so I am not to knowledgeable about what that area is like.

It would mean the world to me if somebody from Illinois can maybe give me insight into what this city is like and if it is worthwhile investing there.

I hope to hear back from someone!

Most Popular Reply

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255
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141
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Joseph Konney
  • Real Estate Agent
  • Forest Park, IL
141
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255
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Joseph Konney
  • Real Estate Agent
  • Forest Park, IL
Replied

@Blaze PavarsI stand corrected about Roselle not being in Cook County - @Mark Ainley - the vast majority is in DuPage County, but there is a small section in Cook. 

For Roselle, the average sales price on the MLS has went up 13.9% from December 2018 to December 2019. It's up about 11% since the Market high in 2009. It's up about 60% from the market low in 2012.

Cook Couny had a .2% loss in sales price over the last year, but generally speaking has been on the rise since 2012. The forecast includes a < 1% rise over the next year. Let's not forget that counties are big and there will be plenty of opportunities within the county that may see a much higher gain. 

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