Pinnacle Team May Newsletter

Pinnacle Team Newsletter Inside this issue:

Nothing Lasts for Long

New Car Incentive

Welcome Summer 1

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Spacca Napoli 2

Festival Time!

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Pinnacle Team 4-5 Listings

Hi Friends, It’s May, and we can all feel the buzz in the city – the snow is behind us, baseball season is in full swing, we’ve started to get over having to pay our taxes last month, and we’re embarking on the best 4 months in Chicago. The real estate market is also in full swing, and we’ve seen significant movement over the past month. If you have any doubt as to what truly IS going on in the market, don’t hesitate asking us.

We’re grateful for all of the great business that’s come our way, and we’re looking forward to a productive summer ahead. We’d like to thank Todd Johnson and Mike Procaccio for contributing to this month’s newsletter. We think you’ll find their incentives attractive and worth checking out.

information, please forward the newsletter or send us their email and we will be happy to send them a copy. Thank you so much for your business and interest in our newsletters. Have a great May, and be well! Ryan, Sarah & Nadine

If you have any friends or family that would appreciate the following

Financing Options 95% Conventional Financing is Back!

debt-to-income ratio of 41%.

Great news…Guaranteed Rate has been granted an exception to provide up to 95% financing on condos, single family residences and PUDs in the Chicagoland area! Prior to this change the maximum financing on condos was 90% for conventional loans. Borrowers must have a minimum of a 700 FICO and maximum

96.5% FHA Financing Available FHA financing provides a great option for borrowers with a limited down payment. FHA currently allows a little as a 3.5% down payment. The rates on FHA loans are similar to conventional rates. Please note that FHA loans require a 1.75% UFMIP

(up front mortgage insurance premium). FHA financing is available for borrowers with a minimum FICO of 620. Feel free to contact me for further details. Written by Todd Johnson Guaranteed Rate [email protected]

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Financing Options

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Nothing Lasts for Long Nothing lasts for long, especially the cost of postage stamps. Don’t forget that on May 11, 2009, the cost of a postage stamp will increase from 42¢ to 44¢. So, get to the nearest post

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office and load up on Forever Stamps, which will keep you from having to pay the extra 2¢ from May 12 moving forward. For more information, visit http:// www.usps.com/prices/

New Car Incentive The Internal Revenue Service announced that taxpayers who purchase a new car after February 16, 2009 and before January 1, 2010 may be entitled to deduct state and local sales and excise taxes paid on the purchase of the vehicle. The deduction is limited to the taxes paid on up to $49,500 of the purchase price of a qualified new car,

light truck, motor home or motorcycle. The deduction is phased out for taxpayers whose modified adjusted gross income is between $125,000 and $135,000 for individual filers and between $250,000 and $260,000 for joint filers. The great thing about this special deduction is that it

is available regardless of whether a taxpayer itemizes deductions on their returns. So, even if you rent, you can claim this deduction and save more money on your 2009 taxes. Written by Mike Procaccio Pro Financial Services Group, Inc www.pfsgi.com

Spacca Napoli Ryan Gossett Don’t miss this Ravenswood Italian Pizzeria offering a simple menu of light and airy pizza’s, tasty salads, and affordable yet delicious Italian wines. The dining room easily accommodates groups of all sizes, but as usual, the larger the group, the longer the wait. Situated in the Ravenswood area of Lincoln Square, Spacca Napoli has a very calm and inviting neighborhood feel. The inside of the restaurant is tastefully designed with an open air space leaving the kitchen exposed to the dining room, allowing the aroma from the oven to tease your appetite.

With about a dozen Antipasti and Pizza choices the menu is easy to follow and the food is all delicious. All of the food items are very affordable ranging from $7 $15 and wines in the $20 $40 range, making this a comfortable and inexpensive place to dine. Spacca Napoli is easily reached by taking the Brown Line to the Montrose stop. The neighborhood: Ravenswood. Its boundaries are officially, Foster to the North, Montrose to the South, Leavitt to the West, and Clark to the East. It is a beautiful community that is both family friendly and great for singles as well.

Getting to work is easy by both CTA and Metra. Housing is comprised of a healthy blend of single family homes, condos, townhomes, and apartments. There are currently about 50 single family homes on the market priced from $300k to $3.3M with a median price of $870k. The condo market is offering 150 active listings priced from $135k to $615k with the median condo being a 2 bed, 2 bath home priced at $299k.

1769 W Sunnyside Ave www.spaccanapolipizzeria.com

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Festival Time! Summers in Chicago mean that street festivals are in full effect. For those of you who have not experienced Chicago Street Festivals – it’s a great way to explore the various, unique neighborhoods of Chicago. We’re listing the majority of the festivals below, and we also have it in the form of a magnet. If you have not already received one and would like one, please respond to this email with your name and address, and we’ll make sure you get one. It’s a great way to keep up on what the city has to offer during the summer months. MAY

25: Venetian Night Monroe

24: Bike the Drive

25-26: Wicker Park Fest

28-31: Mayfest in Lincoln Square

30: Fiesta del Sol - Pilsen

30-31: Belmont/Sheffield Music Fest

31: Gold Coast Art Fair

30-31: Do-Division Street Fest JUNE 5-6: 57th Street Art Fair 5-7: The Raven 6-7: Chicago Gospel Music Festival 6-7: Tribune Printers Row Lit Fest 12-14: Chicago Blues Festival 13-14: Andersonville Midsummerfest 13-14: Old Town Art Fair 13-14: Wells Street Art Festival 19-21: Festa Pasta Vino 19-21: Taste of Randolph Street 20: Puerto Rican Day Parade 20-21: BAM! Belmont Arts & Music 20-21: Chicago Summerfest 26-28: Chicago Soul Music Festival 26-5: Taste of Chicago

AUGUST 1-2: Northalsted Market Days 1-2: Retro on Roscoe 7-9: Lollapalooza 8: Bud Billiken Parade & Picnic 8-9: Korean Street Festival 8-9: Lincoln park Arts & Music Festival 8-9: Wrigleyville SummerFest 15-16: Chicago Air & Water Show 22-23: Lake View Music Fest 29-30: Bucktown Arts Fest 29-30: Taste of Greece 2009 SEPTEMBER 4-6: Chicago Jazz Festival 4-7: African Festival of the Arts 5-6: Bash on Wabash

JULY

11-13: 89th German-American Festival

9: Bastille Day 5K Run, Walk & Block

13: 26th Street Mexican Independence

Party 10-11: Old St. Pat’s Block Party 11-12: Rock Around the Block 18-19: Sheffield Garden Walk & Festival 19: Chinatown Summer Fair

Day Parade 12-14: Wells Street Crush, Music & Comedy Fest 19: Guinness Oyster Fest

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Pinnacle Team Listings NEW! 1330 W. Hubbard, #2 - $509,900 2 years old! Approximately 2400 sq ft duplex with 3 bed/3 bath. First floor boasts living room, kitchen, master bedroom, 2nd bedroom, 2nd bath. Lower level has family room, 3rd bedroom, 3rd bath and laundry. 3 outdoor spaces, hardwood floors throughout, fireplace, close to public transportation. Garage parking included! http://www.atproperties.com/ listing/7208341 NEW! 1245 W. George, #203 - $359,900 2 bedroom/1 bath in prime Lakeview location. Recently renovated unit with an open floorplan that boasts a separate dining area, exposed brick, bay windows, fireplace, additional storage in building, and garage parking. A stunning skyline can be seen from the expansive common rooftop deck. Link not yet available. 4022 N. Monticello, Unit G - $174,900 Beautiful 2 bedroom garden unit on a tree lined street in popular Old Irving! This fabulous split floor plan condo gets great light and features hardwoods throughout, w/d in unit, Jacuzzi tub w/ glass door, and plenty of closets w/ additional storage in building. Street parking is a breeze, the trains are a short walk, and the expressway is just minutes away. Great outdoor space out back door. Well managed bldg. http:// www.atproperties.com/listing/7171825 Price Reduction! 720 Fairmont, Westmont $445,000 Like new construction, 4 bed/2.5 bath townhome. Located on a quiet cul-de-sac, it boasts gorgeous high end finishes throughout. Huge, open, fully finished basement with rec room and bedroom. Main level master suite with walk in closet. Family room with fireplace, eat-in kitchen w/ stainless steel appliances, separate dining room. Second floor has 2 bedrooms with a full bath and office area. A must see! http://www.atproperties.com/ listing/7182513

10832 S. 76th, #2J - $169,900 Gorgeous, bright and exceptionally maintained 8 yr young condo has it all! 2 bed, 2 bath, huge family room with fireplace, spacious in-unit laundry room, large closets, 1 car att. Garage with storage space, and additional parking in back. All oak kitchen with island. Open, airy floor plan w/ beautiful view of trees. Enjoy the outdoors on extra large balcony! Quiet area, newer building. http:// www.atproperties.com/listing/7179806 Price Reduction! 2629 N. Dayton, #1N $594,900 2100 square foot 3 bedroom/3 bath duplex down in a fantastic location. Living room with fireplace opens to kitchen. Kitchen with granite and stainless with eat-in area and breakfast bar. Oak floors throughout main level. Master with walk-in closet. Lower level with huge family room with fireplace, 3rd bedroom, bath, laundry room with side-by-side W/D and tons of storage. Includes a private deck and garage. Convenient walk to everything! Freshly painted and carpeted. http://www.atproperties.com/listing/7154914 SOLD in 60 DAYS! 3443 N. Lincoln, #4B $419,900 This is a 4-year-old condo that looks brand new! With 2 bedrooms and 2 bathrooms, this stunning condo has it all – open floorplan with a huge kitchen that boasts granite and stainless steel. Other amenities include a wood-burning fireplace, balcony, side-by-side washer dryer, rooftop deck, and heated garage parking. This particular niche of Lakeview has exploded in the last couple of years and is now surrounded by great restaurants, new condo buildings and a brand new Paulina El stop just a block away. http://www.atproperties.com/listing/7132766

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Pinnacle Team Listings SOLD in 13 DAYS! 1148 W. Roscoe, #3W This extra wide, sunny 2 bedroom/2 bath unit is in an unbeatable location and only steps to the Southport corridor, Wrigley, and public transportation. Built in 2005, this unit has it all - a kitchen that boasts stainless steel, granite and a large island, open living/kitchen combo, large bedrooms, in-unit W/D, balcony, great storage, and garage parking. http:// www.atproperties.com/listing/7154898 5140 N. Albany, #2 - $280,000 Welcome home! This 1400+ sq ft 2 bed/2 bath condo offers everything, including hardwood floors throughout, washer/dryer, garage parking, etc. The separate dining rooms is perfect for entertaining and the living room is expansive with loads of windows and natural light. Deck access through kitchen. Located in a cul-de-sac, this location is close to Lincoln Square and steps from a great park. The large gated lot is a dog owner’s dream. Check out the room sizes! http://www.atproperties.com/ listing/7145078 Price Reduction! 4434 N Racine #1N $375,000 This exquisite, 1700 sq. Ft. 2 bedroom, 2.1 bath condo features a spacious layout, contemporary finishes & classic vintage charm thru-out. New gourmet kitchen opens to formal dining room w/ original built-in hutch & walk-in pantry. Back deck extends off kitchen/dining, great for entertaining. Bright sunroom leads to huge living room w/ fireplace & attached bookcases. Both bedrooms feature private baths. washer/dryer in unit, garage parking & private storage are included! FHA Financing Available! http://www.atproperties.com/ listing/7118582 PRICE REDUCTION! 6400 N Sacramento 5 Units $129,000 - $199,000 These wonderfully finished 1 & 2 bedroom, 1 & 2 bath condos offer luxury and affordability. The intimate 16 unit building offers parking included in the price, storage, and an elevator.

Each condo is finished standard with double ovens, marble baths, Kohler fixtures, granite counters, central heat & air, oak floors, 42” cabinets, and Jacuzzi tub. Exceptional value! FHA Approved! http://www.atproperties.com/listing/7118931 http://www.atproperties.com/listing/7118958 http://www.atproperties.com/listing/7118942 For our commercial investors, we also have a storefront for sale: http://www.atproperties.com/listing/7118973 1528 W Jonquil D3 $289,000 This amazing 2 bed/2 bath condo is just under 1500 Square feet. Built in 2005, this 6 unit building is on a beautiful tree-lined street on Chicago's northern edge. Just steps from the beach, the red/purple line, Evanston, and Jarvis Square, this Rogers Park find is one of the best deals in Chicago! Featuring hardwood floors throughout, cherry cabinets, and garage parking - this condo is ready for its new owner! FHA Financing Available! http:// www.atproperties.com/listing/7098410 1060 W. North Shore, #1 - $219,900 Rare opportunity to live lakeside! Vintage charm with modern updates and only 60 steps to the beach. Large 1 bedroom with sunroom that could double as an office/guest room. Separate dining room and large living room that is wired for surround sound. Hardwood floors throughout, updated kitchen with newer cabinets, and ss appliances. Tons of build-ins throughout. Two custom closets in master. Parking included. FHA Financing Available! http://www.atproperties.com/listing/7096852