Chicagoland Buyer &
Seller Guide
Living In & Relocating to Chicago & Surrounding Areas
Your comprehensive guide to buying and selling real estate in Chicagoland — from neighborhood insights to financing strategies, moving checklists, and the world-class marketing power of Engel & Völkers.
- Chicago neighborhoods and suburban communities
- Step-by-step buying and selling roadmaps
- Financing guidance, down payment options, and closing costs
- Home preparation and staging strategies
- Global marketing reach of Engel & Völkers
- Moving checklists and essentials
Meet Your Advisor
Roberto “Beto” Montaño
Managing Broker • Community Leader • Local Real Estate ExpertDeeply Rooted: Roberto “Beto” Montaño is a Managing Broker, community leader, and an award-winning local real estate expert. He is passionate about empowering first time homeowners.
A Foundation of Service and Discipline: Beto served eight years as a U.S. Army Medic. He brings that same thoughtful, caring, and disciplined approach to his real estate practice.
Advocacy and Public Service: His record of advocacy and public service includes staffing the Financial Services and Veterans Affairs Committees in the 106th, 107th, and 108th U.S. Congress. He also served on Mayor Daley’s Advisory Council on Latino Affairs and is a founding member of Chicago’s Mexican Cultural Committee.
Education and Leadership: In addition to a degree in Nursing, Beto holds degrees in both Economics and Psychology, as well as a Master’s in Business Administration. Well versed in public policy, he serves as a Senior Advisor to the Latino Leadership Council.
Partnership and Purpose: Beto’s deep relationships, steady influence, and tireless advocacy make him a valued partner. Off duty, he enjoys reading, thrifting, judo, and chess. His guilty pleasure is karaoke with friends.
Call Beto — 773-744-0238The Engel & Völkers Story
Founded in 1977 in Hamburg, Germany, Engel & Völkers has grown into one of the world’s leading service companies specializing in the brokerage of premium residential property, commercial real estate, and yachting.
“We link together the aspirations of people around the world…”
with total passion.
Engel & VölkersWith Americas headquarters on Park Avenue in New York City, E&V connects discerning buyers and sellers across the globe through three core values: Competence, Exclusivity, and Passion.
Our Shop Concept
At Engel & Völkers, we don’t have offices — we have Shops. Each one is designed for hospitality, collaboration, and meaningful conversations. They are welcoming spaces where clients come first and real estate feels personal.
Chicago
2401 N Clark Street
Chicago, IL
North Shore
566 Chestnut Street
Winnetka, IL
Shoreline
6291 Sawyer Road
Sawyer, MI
Chicago — The City of Big Shoulders
Chicago is a remarkable place to live and play, offering an unparalleled blend of culture, energy, and everyday livability. The city is home to world-class museums, performing arts, dining, and cultural institutions, alongside an extraordinary restaurant scene that ranges from Michelin-starred destinations to vibrant neighborhood favorites and authentic ethnic cuisine from around the globe. Expansive parks, a stunning lakefront, beaches, and an extensive trail system provide year-round opportunities for recreation, balance, and connection to nature.
Chicago is equally celebrated for its diversity of neighborhoods and housing options. From high-rise condominiums and elegant townhomes to historic cooperatives and classic single-family residences, the city offers something for everyone at virtually every price point. Its architectural legacy is second to none, spanning iconic early skyscrapers, mid-century modern masterpieces, and thoughtfully designed contemporary homes.
Chicagoland Suburbs — Life Beyond the Skyline
The suburbs surrounding Chicago offer an exceptional quality of life, combining space, beauty, and a strong sense of community with easy access to the city. From lakefront beaches and tree-lined streets to charming downtowns and top-ranked schools, the suburbs provide a more residential lifestyle without sacrificing sophistication, amenities, or connectivity.
Buying Your Home
The Role of Your Advisor
At Engel & Völkers, our professionals are called advisors by design. This title is earned, not assumed. It reflects a higher standard of excellence, deep market knowledge, and a long-term commitment to client relationships. An advisor’s role does not end at closing — it is a lasting partnership built on trust, expertise, and genuine care.
The Home Buying Process
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Consultation
We meet to understand your priorities, preferences, and objectives — building a clear picture of what home means to you.
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Viewing Properties
We identify and present properties that align with your vision, lifestyle, and financial goals.
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Making an Offer
We guide you through developing a strong, strategic offer — including earnest money, contingencies for Attorney Review, Inspection, Mortgage, and Home Sale when applicable.
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The Closing
Final walk-through, wire funds, sign documents, and receive your keys. Welcome home.
Financing Your Purchase
Am I better off renting or buying?
Buying builds equity and offers long-term financial stability. Every mortgage payment is an investment in your future — rent payments are not. Homeownership also provides tax benefits and protection against rising rents.
What is my first step?
Get pre-approved. A pre-approval letter tells you exactly what you can afford and shows sellers you are a serious, qualified buyer. It is the single most important step before you start looking at homes.
How much can I afford?
Your lender will evaluate your income, debts, credit score, and savings to determine your purchasing power. A general guideline is that your monthly housing costs should not exceed 28-33% of your gross monthly income.
How much do I need for a down payment?
It depends on the loan type. Conventional loans typically require 5-20% down. FHA loans require as little as 3.5%. VA and USDA loans may require 0% down for qualifying buyers.
What are the benefits of homeownership?
Building equity over time, potential tax deductions on mortgage interest and property taxes, stability of fixed monthly payments, and the freedom to make your space truly yours.
What about closing costs?
Plan for closing costs of approximately 2-4% of your loan amount. These cover lender fees, title insurance, appraisals, and other transactional costs.
How long does the process take?
From accepted offer to closing, the process typically takes 30-60 days, depending on financing, inspections, and any negotiated contingencies.
Selling Your Home With Engel & Völkers
How We Help You Sell With Confidence
- Consultation and Pricing Strategy — We analyze the market and position your home to attract the right buyers at the right price.
- Preparation and Presentation — We guide you through preparing your home to make a powerful first impression.
- Marketing and Exposure — Your property reaches qualified buyers locally, nationally, and globally through the E&V network.
- Negotiation and Transaction Management — We protect your interests at every turn, from offer review to closing.
- Closing With Confidence — We manage every detail so you can move forward with certainty.
Marketing Strategies That Work
Engel & Völkers maintains exacting brand standards with sophisticated typography and a proprietary custom font. Your property is showcased through Shop window Exposés, ShopTV, the Private Residences lookbook, and GG Magazine — published in six languages.
Our EDGE platform — Extensive Domestic & Global Exposure — puts your home in front of millions:
Preparing Your Home for Sale
- Focus on Cosmetic Impact, Not Renovation — Small, strategic improvements deliver the greatest return.
- Light, Clarity, and Consistency — Bright, well-lit spaces feel larger and more inviting.
- Edit and Declutter with Intention — Less is more. Let the home’s architecture and space speak for itself.
- Windows, Walls, and Color — Clean windows, fresh neutral paint, and well-maintained walls make an immediate difference.
- Clean Beyond the Obvious — Baseboards, grout, light fixtures, vents — details that buyers notice.
- Resolve Visual Reminders of Past Issues — Water stains, cracks, and deferred maintenance send the wrong signal.
- Mechanical Systems Matter — Ensure HVAC, plumbing, and electrical are in good working order.
- Refresh Soft Goods Thoughtfully — Fresh towels, updated linens, and coordinated textiles elevate the presentation.
- Styling With Restraint — Curate, don’t over-decorate. Each piece should earn its place.
- Staging — Not disguising — clarifying scale, flow, and function for prospective buyers.
Your Step-by-Step Selling Guide
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Initial Personal Consultation
We discuss your goals, timeline, and what success looks like for you.
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Establishing Market Value
A thorough comparative market analysis positions your home competitively and confidently.
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Launch Strategy
We develop a tailored plan for when and how to introduce your property to the market.
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Custom Marketing Plan
Professional photography, curated materials, digital campaigns, and global syndication through the E&V network.
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Prospective Buyers and Viewings
We qualify buyers, coordinate showings, and present your home in its best light.
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Relationship Management
Consistent communication, showing feedback, and market updates keep you informed and confident.
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Contract and Negotiations
We advocate for your interests through every term, contingency, and counteroffer.
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Advisors for Life
The relationship doesn’t end at closing. We remain your trusted real estate resource — always.
Planning a Smooth Move
3–4 Weeks Before
- Research and book movers — get at least three estimates
- Create a home inventory for insurance purposes
- Verify insurance coverage for the move
- Coordinate building logistics (elevator reservations, loading dock access, move-in/out permits)
- Begin packing non-essential items
2 Weeks Before
- Transfer or set up utilities at your new address
- Submit change of address with USPS
- Obtain any required building or municipal permits
- Schedule a deep cleaning for the home you’re leaving
- Confirm moving day logistics with your moving company
Moving Day
- Do a final walkthrough of your old home
- Collect all keys, remotes, and access devices
- Keep valuables and important documents with you
- Be present to direct movers at both locations
- Check all rooms, closets, and storage before leaving
Pack an Essentials Box
- All-purpose cleaner and paper towels
- Basic tools (screwdriver, hammer, tape measure)
- Snacks, water, plates, and utensils
- Change of clothes and toiletries
- Phone chargers and medications
- Pet food and supplies (if applicable)
- Sheets, pillows, and a towel for the first night
“Ready to go? You’ve got a guy!”
Roberto “Beto” Montaño
Managing Broker • Engel & Völkers Chicago
Ready to go? You’ve got a guy!
Whether you’re buying, selling, or just exploring your options, I’m here to help. Drop your info below and let’s start a conversation.
Connect With Beto
No obligation — just real answers from a real advisor.
