View Larger Real Estate Map of the Wheeling neighborhood …

TWO BEDROOM TOWNHOUSE WITH LOFT
Government Buyer Incentives Set to Expire April 30th.
270 11th Street, Unit A, WHEELING, IL 60090
2 Bedrooms / 2.1 Bathrooms / 1 Half Bathroom
$197,500

Steve Heilig
Broker, GRI
Baird & Warner – Lincoln Park

Phone: 312-307-1855

Terry Hoskins had been in a struggle concerning his home with RiverHills Bank for nearly a decade. Hoskins said he tore down the house so that the bank couldn’t sell it for more than what it was worth. He may not have broken any laws, but he still has to pay the $160,000.

Similar financial problems are involved in a carpet store and a banquet hall that Hoskins owns. People are worried that property may also be demolished. The business property is due to be sold at a sheriff’s auction next Tuesday.

Jackie Welch, Senior Mortgage Consultant, of Wintrust Mortgage will discuss how to become an educated buyer and maximize your potential in today’s uncertain housing market. Other topics will include potential pitfalls and profits in buying foreclosures and short sales, details on the Federal Tax Credit for first time and repeat buyers, qualifying for a mortgage, low down payment options for today’s home buyers and how to buy a “fixer upper” with very little money down and get up to an extra $35,000 for repairs and upgrades

Attendees will also be entered into raffle to win a $100 VISA® gift card!* Space is limited, so please call Jackie Welch at (847) 870-5010 to reserve your spot for this informative session.

Village Bank & Trust has three locations in Arlington Heights and one in Prospect Heights. Visit the bank’s website at www.bankatvillage.com.

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Residential mortgage lending provided by Wintrust Mortgage Corporation, an affiliate of Village Bank & Trust. All approvals are subject to underwriting guidelines. Program rates, terms and conditions are subject to change at any time.*No purchase or bank transaction necessary to enter drawing or win. Limit one entry per person. Drawing will be held on 03/02/2010. Winner must be present.

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Many Arlington Heights residents are unhappy with the failure of the Arlington Market site, but welcome a grocery store to the area. Regarding visibility, Northwest Highway is probably a much better location for the grocery store than the location of the former Jewel/Osco about a quarter mile north on Dryden. The grocery store location will be especially welcomed by residents who live close to the railroad tracks, but north of the tracks. Most of those residents have to face the gridlock near Arlington Heights Road, Palatine Road and Rand Road, head east toward the Jewel near Euclid and Elmhurst, or shop at the smaller Jewel in downtown Arlington Heights.

Osman has built many retail buildings for retail businesses across Chicagoland including Best Buy, Ethan Allen, Kohl’s, Old Navy, Jewel Food Stores,Borders Books, Sportmart, Sunset Foods, La Z Boy Furniture, and Walgreens.

Roundy’s has not yet published the new store information on their website. The date for opening has not yet been announced.

See also …
roundys.com
osmanconstruction.com

copps.com
picknsave.com
rainbowfoods.com

Anyone want to guess what the new name will be? Anyone heard rumors? Add it to the comments section below …

The informative seminar will discuss recent retirement strategy changes and opportunities for 2010, along with ways to help you prosper and plan during this time of change.

The discussion will begin promptly at 6 p.m. and light appetizers and beverages will be served. Reservations are required due to limited seating. Please R.S.V.P. to Bonnie Flood at (847) 385-7047 or bfloodATwhummer.com by February 12th.

Village Bank & Trust has three locations in Arlington Heights and one in Prospect Heights. Visit the bank’s website at www.bankatvillage.com.

Wayne Hummer Wealth Management
As a leading provider of trusted financial advice, Wayne Hummer Wealth Management has helped clients achieve their financial goals throughout our history of more than 79 years. Wayne Hummer is a subsidiary of Wintrust Financial Corporation, a financial holding company with assets in excess of $12 billion. Our experienced financial professionals combine industry leadership and technological resources with a commitment to personal service and objective advice. Wayne Hummer Wealth Management is comprised of three companies: Wayne Hummer Trust Company, Wayne Hummer Asset Management Company, and Wayne Hummer Investments (Member SIPC). Each serves a specific purpose for our clients, while working in concert with one another. Together, we provide investment advice, brokerage services, portfolio management, professionally managed trust and estate settlement services, and integrated financial planning. Our Wayne Hummer professionals assemble the proper combination of services to address the specific requirements of each client’s wealth management needs. www.whummer.com.

Michael Jones
Mortgage Loan Officer
Wintrust Mortgage

Arlington Heights, IL (January 26, 2010) – Village Bank and Trust and Wintrust Mortgage are pleased to announce that Michael Jones, Mortgage Loan Officer, will operate out of the Village Bank & Trust Midtown Branch, 311 S. Arlington Heights Road.

Michael served in the United States Army for 10 years before beginning his career in the mortgage business. He brings 15 years of mortgage experience and integrity to Village Bank & Trust and Wintrust Mortgage, spending the past year with Wintrust in the retail division of their Community Lending Group.

“Michael will be an asset in our goal of increasing volume within the banks and creating a greater customer service and relationship-building perspective,” said Tom Adams of Wintrust Mortgage. “We are excited to congratulate him on his move and look forward to benefiting from his experience and energy.”

Michael received his Bachelors Degree in Business Management and Computer Science from Hiram College.

Village Bank & Trust has three locations in Arlington Heights and one in Prospect Heights. Visit the bank’s website at www.bankatvillage.com

Blaming the extraordinary levels of government debt on his predecessor’s “profligacy”, President Barack Obama said that the deficit would reach nearly $1.6 trillion this year, exceeding the amount the White House predicted last year. The record high debt is alienating voters.

Most economists say that a budget deficit of more than 3 per cent of gross domestic product is unsustainable over the long term. This year’s deficit is projected in the budget to reach nearly 11 per cent.

SOURCE: TIMESONLINE Obama gambles on spending spree to save jobs as deficit hits new high

Pamela’s Parkside Grill is open 4 to 11 p.m. Tuesday through Thursday; 4 p.m. to midnight Friday and Saturday, and 10:30 a.m. to 2:30 p.m. for Sunday brunch.

Pamela’s Parkside Grill — pamelasparkside.com (official website)

Check out the first and last of several videos posted on the official website for Pamela’s Parkside Grill …

Early rehab and makeover of the new Pamela’s Parkside Grill.

Video from a friends and family night on December 30, 2009, just before Grand Opening.

View Arlington Heights Restaurants ~ Taste-of-Arlington.com in a larger map

Arguments against the Cadillac tax comes from powerful labor unions, who claim that in many cases middle-class union members gave up wage increases in return for better medical coverage and more extensive healthcare benefits.

The proposed excise tax amounts to a 40% levy on health care plans over a certain dollar amount. The tax is to be levied on insurance companies who are then free to pass it on to companies and workers.

Overnight Thursday to Friday (Jan. 14/Jan. 15) President Barack Obama and leaders of Congress decided and announced that unions will be exempt for eight years. State and local government employees, which constitute an increasing percentage of the U.S. workforce, will also be exempt from the new tax until 2018.

AFL-CIO President Richard Trumka
Labor leader who got concessions from
Democrats on taxes of high-end health plans.

For years the village doesn’t charge property tax because it has relied on sales tax, especially from Woodfield Mall. A shopping slump is blamed for a deficit over $17.5 million that could lead to a municipal property tax in Schaumburg. Of a 10 percent sales tax, 2 percent goes to the Village of Schaumburg.

Village Manager Ken Fritz reports that Schaumburg went into the recession with a $20 million surplus, which is expected to run out next year. A municipal property tax is expected to be required to run municipal services, such as police, fire and public works departments.

Woodfield Mall is the fifth-largest shopping mall in America.