The M.L.S. stands for the Multiple Listing Service. There over 900 MLS Services across the United States and the Chicago MLS is MRED LLC (formally MLSNI and MAP before merger to form MRED). It is the 3rd largest MLS system in the Country.
Are you looking to Get Listed on the MLS?
Berg Properties is a memeber of the MRED which covers the Chicago Metro area and all its suburbs throughout northern Illinois parts of central Illinois, some areas of Northern Indiana and Southern Wisconsin.
MLS systems were founded to help real estate agents list properties in a central repository so all REALTORS, regardless of the specific realty company they worked for, could collaborate and share listing information.
The MLS reduced market times and helped insure that REALTORS would get paid a commission if they found buyers for a property that another REALTOR had listed.
Traditional REALTORS charge anywhere from 3%-7% commission to market a property in Illinois. Commissions are negotiable. They split that amount with the buyer's broker. The most common commission offered to a buyers broker
(cooperating commission) in the Chicagoland area is 2.5% but commission amount varies from company to company and listing to listing.
The MLS has taken advantage of the internet by allowing consumer websites like Realtor.com, chicagotribune.com and other real estate type search engines pull information off the their system and post properties for sale nationwide to increase exposure.
Available Listings on the Chicago Metro MLS
Center entrance 6-flat built as condominiums with 2 duplexes 3br/3bth and 4 simplexes with 2 br/2bth + Den. Top of the line finishes with granite kitchen and stainless st...
- Beds –
- Baths –
- MLS 08760737
Magnificent Gold Coast SF on premier block. Oversized lot allows for generous living & outdoor space. Beautifully renovated w/a perfect blend of classic architecture & mo...
- Beds 5
- Baths 5.2
- MLS 08761301
Pristine 3000 sq. Ft streeterville condo in elegant 1920's fugard & knapp bldg. Light streams from high floor windows. Palatial room sizes, soaring ceilings, wood-burning...
- Beds 3
- Baths 4.0
- MLS 08760931
- Bldg. Streeterville
Thoughtful & meticulous 3 yr marvin herman renovation in 1 of chgo's finest coops. Stately lr & dr share unsurpassed lake & city views w/panelled library. Custom kit & br...
- Beds 3
- Baths 4.2
- MLS 08760768
Spacious single family home in prime Lincoln Park loc. HDWD FLRS thru-out main level. Granite/ stainless kitchen w/ tile backsplash & subzero frige. High ceilings, beauti...
- Beds 4
- Baths 3.1
- MLS 08760908
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