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Mike Stangel - Real Estate Broker

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United States
Chicago, IL
Mike Stangel - Real Estate Broker

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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.

11/02/2026

EXCLUSIVE LISTING | 1508/1512 W. Farwell Avenue
An investment opportunity with 22 units, 22 parking spaces, and the property fully rented, this multifamily offering provides an established rental setup in a well-maintained property.

The building has been cared for by a long-time owner, with the property offering practical unit features including kitchens, bathrooms, hardwood flooring, and comfortable living spaces. The dedicated parking and maintained grounds add to the property's functionality for residents.
For investors, an occupied multifamily property can offer an opportunity to step into an existing rental operation rather than starting from an entirely vacant property.

Interested in learning more about the property, current rental details, or investment potential? Contact now for additional information.

📞 773.203.1559
🌐 www.stangelsellschicago.com

10/30/2026

Now available: 1140 N Northwest Highway.
This property offers 6 bedrooms, 3 full bathrooms, and 2 half bathrooms, along with a range of spaces that can accommodate different household needs.
The property also features a kitchen with substantial cabinetry and workspace, multiple bathroom areas, and an outdoor space that provides room for seating and entertaining.
Whether you're looking for additional bedrooms, flexible living space, or a property with room to make your own, this home is worth a closer look.

📍 1140 N Northwest Highway

Interested in learning more or scheduling a showing? Get in touch for additional property details and availability.
📞 773.203.1559
🌐 www.stangelsellschicago.com

10/27/2026

Buying a home involves much more than finding a property you like. Some decisions made early in the process can have a significant financial impact.

Here are five common mistakes buyers should watch out for:
1. Focusing only on the purchase price
Your budget should account for more than the listing price, including financing, taxes, insurance, maintenance, and other ownership costs.
2. Skipping the financing conversation
Understanding your financing options before you start shopping can help establish a realistic price range.
3. Ignoring the condition of the property
A home may look great at first glance, but potential maintenance and repair costs should also be considered.
4. Making decisions based only on emotion
It's easy to fall in love with a home, but it's important to evaluate the property against your budget and long-term needs.
5. Not understanding the local market
Comparable properties, neighborhood conditions, and current market activity can all provide important context when making an offer.

The goal isn't simply to buy a home. It's to understand the decision you're making.
Need guidance through the buying process? Reach out.
📞 773.203.1559
🌐 www.stangelsellschicago.com

10/24/2026

You may hear the terms “Realtor” and “real estate agent” used interchangeably, but there is a distinction.

A real estate agent is a licensed professional who helps clients with real estate transactions, including buying, selling, and leasing, depending on their license and services.
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS® and agrees to follow its Code of Ethics.

Regardless of the title, what matters when choosing a professional is understanding their experience, communication style, market knowledge, and how they will support you throughout the transaction.
Buying or selling a home is a significant decision, so finding the right professional relationship matters.

Have questions about the real estate process? Let’s talk.
📞 773.203.1559
🌐 www.stangelsellschicago.com

10/21/2026

When your current home no longer feels like the right fit, there are usually two questions to consider: Should you renovate, or should you move?

Renovating may make sense when you love your location and the changes you want are achievable within your property and budget. Moving may make more sense when the limitations go beyond what a renovation can realistically solve, such as needing a different neighborhood, significantly more space, or a different type of property.

Before making either decision, consider the costs involved, the potential value of improvements, your timeline, and what your current home can realistically provide.
Sometimes the answer isn't obvious, and that's where looking at both options side by side can help.

Thinking about renovating or moving? Let's look at the possibilities.
📞 773.203.1559
🌐 www.stangelsellschicago.com

10/18/2026

A small change in a mortgage interest rate can have a meaningful effect on the total cost of a home loan.
But the exact impact depends on factors such as the loan amount, loan term, interest rate, and other loan details. A 0.5 percentage-point change does not translate into the same dollar amount for every borrower.

For example, on a larger mortgage balance, even a relatively small rate difference can change the monthly principal-and-interest payment and the total interest paid over the life of the loan.
That’s why buyers should look beyond the purchase price when evaluating affordability.
Before deciding on a home, understand how the loan terms affect your monthly budget and long-term costs.

Have questions about how different rates could affect your buying power? Let's discuss your numbers.

📞 773.203.1559
🌐 www.stangelsellschicago.com

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

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

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

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

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

Website

http://www.StangelSellsChicago.com/

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