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Chicago Real Estate Experts - Grow Your Wealth, Become a Homeowner
Chicago Real Estate, Simplified — for Buying and Selling, as well as Chicago Real Estate Investment through Expert Guidance from a Knowledgeable Real Estate Broker.
Discover Your Perfect Property with Marjorie Allabastro
Marjorie is a Chicago REALTOR at Baird & Warner, specializing in buying and selling residential real estate in Lincoln Square, Irving Park, North Center, Avondale, and Logan Square. With over 25 years of experience and more than 150 closed transactions, Marjorie is a trusted real estate broker known for her transparent communication and data-driven approach to Chicago real estate investment.
Buying a Home in Chicago
Buying a home in Chicago means navigating a competitive market, complex contract timelines, and neighborhood-by-neighborhood price variation. The Marjorie Allabastro Group is your trusted real estate broker, guiding buyers through every stage of the Chicago real estate investment process, from pre-approval to keys in hand.
We specialize in helping buyers:
- Compete confidently in multiple-offer situations
- Understand Chicago's attorney/inspection (A/I) period and the protections it provides
- Evaluate neighborhoods including Lincoln Square, Irving Park, North Center, Avondale, and Logan Square
- Navigate condo and single-family purchase contracts
- Negotiate inspection repairs and closing credits
Our buyer clients close with a clear understanding of every step of their property journey, ensuring no surprises.
Learn more about buying and selling in the Chicago real estate market.
Selling Your Chicago Home
Selling a home in Chicago requires a strategic pricing approach, professional marketing, and skilled negotiation. The Marjorie Allabastro Group, a leading real estate broker, manages every detail — from pre-listing preparation to the closing table, ensuring a smooth process for both buying and selling.
Our selling process includes:
- A Comparative Market Analysis (CMA) to price your home competitively for the Chicago real estate investment market.
- Professional photography and an engaging listing presentation.
- Exposure on the MLS and major real estate platforms, maximizing visibility.
- A comprehensive offer review and negotiation strategy tailored to your needs.
- Coordination with your attorney throughout the A/I period and beyond to facilitate seamless transactions.
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Chicago Real Estate Investment
Chicago real estate investment offers compelling opportunities, whether you're interested in buying and selling multi-unit properties in up-and-coming neighborhoods or income-producing condos in established areas. Marjorie Allabastro serves as a knowledgeable real estate broker, assisting both first-time investors and seasoned portfolio owners.
Investment services include:
- Identifying cash-flow-positive properties across Chicago
- Analyzing rental income potential, cap rates, and long-term appreciation
- Navigating 2-flat, 3-flat, and larger multi-unit acquisitions
- Providing 1031 exchange guidance in coordination with your CPA or attorney, if applicable
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Frequently Asked Questions
Please reach us at Marjorie@MarjorieAllabastro.com if you cannot find an answer to your question.
Buying a home in Chicago typically involves: (1) mortgage pre-approval, (2) home search and offer submission, (3) an attorney/inspection (A/I) period of typically 5 business days, (4) earnest money deposit, (5) mortgage contingency period, and (6) closing. Illinois is an attorney state, meaning a real estate attorney reviews and negotiates the contract on your behalf. The Marjorie Allabastro Group coordinates with your attorney throughout the process.
Most Chicago home purchases close within 30–45 days from accepted offer. The timeline depends on your mortgage type, the property, and negotiated contingency periods. Cash buyers can often close in 14–21 days.
The A/I period is a contract contingency unique to Illinois. After an offer is accepted, buyers typically have 5 business days (negotiated) during which their attorney can modify contract terms, request repairs, or cancel the contract. Sellers can also reject modifications. This period protects both parties and is a standard part of Chicago real estate transactions.
The process starts with a Comparative Market Analysis (CMA) to determine the right list price. From there, Marjorie manages professional photography, MLS listing, showings, offer negotiation, attorney/inspection period, and coordinates through closing. Marjorie Allabastro Group handles all of this end-to-end.
A CMA is a data-driven report comparing your home to recently sold, pending, and active listings in your neighborhood. It's used to determine a competitive and realistic list price. Marjorie provides free CMAs for Chicago homeowners considering selling.
Chicago offers some of the most affordable entry points of any major U.S. city, with strong rental demand in neighborhoods like Lincoln Square, Albany Park and Logan Square. Multi-unit properties (2-flats, 3-flats) are common investment vehicles that allow owners to live in one unit while renting others. Marjorie Allabastro Group works with investors at all experience levels.
You can reach Marjorie at marjorie@marjorieallabastro.com or by calling/texting (773) 301-2993. You can also submit an inquiry at marjorieallabastro.com/contact-us.
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