Chicago Agent Magazine proclaims that “MACK Companies Brings Luxury Back to Ex-NBA Player’s Mansion.” We must admit that this home was by far the most distressed property that we have ever worked on in this price range. The basement of the home was flooded and contained about 6,000 square feet of water that was about four feet deep. After removing the water, the entire 6,000 square feet had to be remodeled and extensive construction to bring the house back up to code standards after the damage had to be done.
We are pleased to tell you that MACK Companies has been selected by Personal Real Estate Investor Magazine for The Top 50 Real Estate Investment Opinion Maker & Market Leader Award. Annually Personal Real Estate Investor Magazine recognizes those individuals and businesses demonstrating vision, understanding, and a plan to bring investment services and products to this unique market of repeat real estate buyers.
Eric Workman, MACK Co’s Vice President of Sales recently held a webinar for Australian investors about our twenty three plus years of industry experience, the market, and available cash flow properties. It just goes to show that investors the world over are very interested in MACK’s unique investment opportunities.
This 9-bedroom, 9-bath home spans about 12,000 square feet above grade on a 1-acre site adjacent to the 8th hole of the Odyssey Club golf course. It has an indoor pool and, of course, an outdoor basketball court. Walker spent more than $4 million on the home, but lost it in foreclosure.
You may have heard about Michael Jordan recently putting his home on the market but he is not the only ex-NBA player to do so. The Tinley Park mansion of Antoine Walker, the former Boston Celtics and Miami Heat star, will also go on the market in about six weeks. The home features a four-car garage, fully finished basement, dual walk-in closets in the master suite, three custom fireplaces, granite countertops throughout, imported marble and wood floors and an indoor pool and hot tub.
Warren Buffett recently appeared live on CNBC’s Squawk Box with Becky Quick and spoke about the opportunity associated with investing in single-family homes. Mr. Buffett says, “If I had a way of buying a couple hundred thousand single-family homes and had a way of managing them, I would load up on them.” Buffett goes on to say that if held for a long period of time and purchased at low rates houses are even better than stocks.
A truly beautiful five bedroom gem located in the Roberts Cove subdivision of Flossmoor, Illinois at 262 Cove Drive! This lovely home features a large master suite and four spacious bedrooms. This house also features a full basement, a brick fireplace, hard wood floors throughout and a ton of great light thanks to the home’s skylights.
A beautiful and spacious home located in a great community! A huge master suite is accompanied by four other rooms. Gorgeous crown molding can be seen throughout this house as well as in-laid wood flooring. Large garage, finished basement and stainless appliances in the kitchen.
Chicago – With so much negative news about the housing market recently, it’s hard to believe there are any bright spots. But experts say there is one area of real estate that’s extremely hot right now: foreclosures. In fact, business is booming for one south suburban company, who recently flipped a foreclosed mansion in Tinley Park.
Jim McClelland, CEO of Mack Companies, was on the air with John Williams yesterday afternoon. An article was just written about him in the Real Estate column on Chicagomag.com by Dennis Rodkin. Jim spoke about MACK Companies continued success providing single-family, turnkey investment properties and help answer calls from listeners.