Mike Stangel - Real Estate Broker

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Mike Stangel - Real Estate Broker Residential real estate in the greater chicagoland market- focusing on the northwest sides of Chica Edison Park, Park Ridge, Norwood Park

Full service Realtor serving the Northwest and North Chicagoland market, specializing in residential real estate, including rentals, Foreclosures and Short Sales.

Home financing can feel complicated, especially when you're buying for the first time. But understanding the basic proce...
10/15/2026

Home financing can feel complicated, especially when you're buying for the first time. But understanding the basic process can make the next steps much easier.

Generally, the process starts with understanding your finances and determining what you may qualify for. From there, buyers can explore mortgage options, get pre-approved, determine a comfortable price range, and begin shopping for a home.

Once you're under contract, the lender will continue working through the loan process, including reviewing financial documentation and completing the necessary steps before closing.

The important thing is to understand what you're committing to, not simply focus on the amount a lender may approve.

A clear understanding of your financing can help you approach the home search with realistic expectations.
If you're considering buying, let's talk about where to start.

📞 773.203.1559
🌐 www.stangelsellschicago.com

Renting and owning come with very different financial responsibilities, so the right choice depends on your circumstance...
10/12/2026

Renting and owning come with very different financial responsibilities, so the right choice depends on your circumstances, goals, and timeline.
With renting, your primary housing payment is typically rent, while certain maintenance and repair responsibilities may remain with the landlord. Renting can also provide flexibility when you aren't ready to commit to a particular property or location.

Owning a home involves more upfront and ongoing costs, including a mortgage payment, property taxes, insurance, maintenance, and potential repairs. However, homeowners also build equity as they pay down their mortgage and may benefit from changes in property value over time.

The comparison isn't simply about which monthly payment is lower.
It’s about understanding the full cost of each option and how it fits into your financial plans and lifestyle.
Thinking about making the transition from renting to owning? Let's talk through your options.

📞 773.203.1559
🌐 www.stangelsellschicago.com

Buying a home comes with a lot of terminology, and understanding the basics can make the process much easier to navigate...
10/09/2026

Buying a home comes with a lot of terminology, and understanding the basics can make the process much easier to navigate.
A few terms every buyer should become familiar with include:

Ability to Pay — Your financial capacity to handle your mortgage payment and other housing-related costs.
Collateral — The property securing the mortgage. If the borrower fails to meet the loan obligations, the lender may have rights related to that collateral.
Agent of Property — A real estate professional who assists clients with buying, selling, or navigating property transactions.
Down Payment — The portion of the purchase price you pay upfront rather than financing through the mortgage. The amount required can vary depending on the loan program, lender, and buyer's circumstances.

Knowing the language is one small but important part of becoming a more informed buyer.
Have a real estate term you want explained? Reach out.
📞 773.203.1559
🌐 www.stangelsellschicago.com

Selling a home is more than choosing a number and putting a sign in the yard.Before listing, it helps to take an honest ...
10/06/2026

Selling a home is more than choosing a number and putting a sign in the yard.
Before listing, it helps to take an honest look at several factors that can influence your selling strategy. What is your home realistically worth in the current market? How does it compare with nearby properties? What condition is it in, and what improvements, if any, could make sense before listing?

Pricing is especially important. Pricing based only on what you want to receive can create a gap between expectations and what buyers are actually willing to pay.
A thoughtful pricing strategy considers comparable properties, current market conditions, your home's condition, and your goals.

If you're considering selling, let's discuss the numbers and your options before you make a decision.
📞 773.203.1559
🌐 www.stangelsellschicago.com

Buying your first home is a major milestone, but your first home doesn’t always have to be your forever home.As your lif...
10/03/2026

Buying your first home is a major milestone, but your first home doesn’t always have to be your forever home.
As your lifestyle, career, family, and financial goals change, your housing needs can change too. You may need more space, want a different location, or simply be ready for a home that better fits where you are today.

So how do you know when it’s time to consider your next move?
Start by looking at your current situation: Is your home still meeting your needs? Has the neighborhood changed? Have your priorities changed? And what would moving mean financially?

The right time to move is personal, and understanding your options is an important first step.
Thinking about what comes next? Let’s talk.

📞 773.203.1559
🌐 www.stangelsellschicago.com

Another step closer for our buyers at 6010 N Neva Avenue!This impressive 6-bedroom, 4-bathroom, 4,518 sq. ft. property i...
10/01/2026

Another step closer for our buyers at 6010 N Neva Avenue!
This impressive 6-bedroom, 4-bathroom, 4,518 sq. ft. property is now under contract, marking an exciting milestone in the buying process. Interested in learning more? Call us for more information.

EXCLUSIVE LISTING A new opportunity is now available at 14956 N Wi******er Ave, Unit 2.This 1-bedroom, 1-bath unit offer...
09/28/2026

EXCLUSIVE LISTING

A new opportunity is now available at 14956 N Wi******er Ave, Unit 2.

This 1-bedroom, 1-bath unit offers a comfortable space in a classic brick building, with a location that puts you close to everything Chicago has to offer. Whether you're looking for your next place or considering a property with potential, this one is worth a closer look.

Curious to see if it’s the right fit?
Visit www.stangelsellschicago.com for more details and property information.

EXCLUSIVE LISTING 🏢An opportunity with room to think bigger.Located at 1345 E Prairie Avenue, this property sits on 0.27...
09/26/2026

EXCLUSIVE LISTING 🏢
An opportunity with room to think bigger.
Located at 1345 E Prairie Avenue, this property sits on 0.27 acres and spans 4 stories, offering plenty of potential in a sought-after location.
Listed at $999,900, this is one worth taking a closer look at.
Call or visit www.stangelsellschicago.com for more information.

SOLD! Another successful sale in Chicago!390 S Western Avenue, Unit 204 is officially off the market. Congratulations to...
09/25/2026

SOLD!

Another successful sale in Chicago!
390 S Western Avenue, Unit 204 is officially off the market. Congratulations to the new owners, and thank you to our clients for trusting us to make it happen.

Thinking about buying or selling?
Visit www.stangelsellschicago.com to learn more about how we can help.

A Rare Rogers Park Investment Opportunity 🏢22 units. 22 parking spaces. One prime Rogers Park location.With updated unit...
09/22/2026

A Rare Rogers Park Investment Opportunity 🏢

22 units. 22 parking spaces. One prime Rogers Park location.
With updated units, on-site laundry, newer roofing, and easy access to the Red Line, this property offers the kind of fundamentals investors look for—with room for even more potential.

Want to learn more?
Visit www.stangelsellschicago.com for the full property details.

Address

324 W Touhy Avenue
Chicago, IL
60068

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9am - 4pm
Sunday 9am - 4pm

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