The David Frank Law Group

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United States
Northbrook, IL
The David Frank Law Group

Law firm specializing in Residential/Commercial Real Estate & Estate Planning (Trusts, Wills, & POAs)

- Represent both buyers and sellers in residential and commercial transactions
- Perform Tax appeals to help reduce your tax burden
- Available 7 days a week

06/12/2026

What’s really happening in the Chicagoland real estate market right now?

Because we handle a high volume of transactions across the city and suburbs, we get a much broader view of the market than any single buyer, seller, or agent may see in a neighborhood.

Here’s what we’re seeing:

From April 1 through about May 15, the market was extremely aggressive. Many properties received multiple offers, often over asking price, with terms heavily favoring sellers.

We were seeing:
✔️ “As-is” offers with no inspection requests
✔️ Free rent backs for sellers
✔️ Buyers waiving or limiting contingencies
✔️ Strong competition across both the city and suburbs

Then, in late May, the tide started to shift.

We began seeing more properties sell under asking price. Buyers started asking for inspections again. Repair requests came back into the conversation. Multiple offers became less automatic. Buyers became more selective.

Here’s the takeaway: The market did not stop and the volume of deals is still strong. It is still a seller’s market, but sellers need to adjust expectations from what we saw earlier this spring.

You may not get 10 offers. You may not get every term you want. You may need to negotiate again.

For buyers, this could be a window of opportunity. There may be more room to ask questions, conduct inspections, and make a thoughtful offer without feeling like you have to give away every protection.

For sellers, it is still a good time to sell, but pricing, presentation, and strategy matter more than they did 30 days ago.

The market has not gone cold, it has just become more realistic.

06/10/2026

They did everything right when their kids were little.

They had wills.
They named guardians.
They picked someone they trusted to handle the money if something happened to them.

And then life moved on.

Their kids grew up. One got married. One started a business. One was responsible, but not great with money. Grandchildren came into the picture.

But the estate plan stayed exactly the same.

When the parents passed away, the plan still treated their adult children like minors. The wrong person was named to manage things. Assets were distributed in a way that no longer made sense. One child felt the plan was unfair because it did not account for a grandchild.

What should have been a clear plan became months of confusion, resentment, and unnecessary legal expense.

Not because the parents did not care.

Because they never updated the plan.

This is why estate planning is not something you do once and put away forever.

When your children become adults, your plan should reflect who they are now, not who they were when the documents were first signed. Sometimes that means revisiting a plan from 15 or 20 years ago. Sometimes it means making changes only a few months or a few years later, because people remarry, names change, relationships shift, and family dynamics evolve.

Do they need asset protection?
Are they married?
Do they have children?
Are they financially responsible?
Should they serve as trustee, executor, or power of attorney?
Are the people you named years ago still the right people today?

Your estate plan should grow with your family.

If your children are now adults, it's time for a new plan.

Get in touch, we're here to guide you.

06/04/2026

Summer plans? We’ve got you covered. ☀️

Whether you’re staying in the city or heading to the suburbs, there are so many family-friendly festivals, markets, concerts, and community events coming up around Chicagoland.

We rounded up our Top 5 City Events and Top 5 Suburban Events to help you make the most of summer with the people you love.

From food trucks and strawberry treats to live music, art fairs, parades, and hometown festivals, there’s something for every age and every weekend mood.

Save this post, send it to your summer group chat, and start planning!

BONUS ROAD TRIP IDEA: Ed Sheeran is performing in Milwaukee during Summerfest on June 25. 🎶

Which event are you adding to your calendar first?

06/01/2026

🚨 COLLAR COUNTY PROPERTY TAX ALERT 🚨

Today is June 1, which means DuPage and Will County first installment property tax payments are due TODAY.

Upcoming deadlines:
📍 Lake County: June 4
📍 Kendall County: June 9
📍 McHenry County: June 10

If you own property in one of these counties, now is a good time to double-check your tax bill and make sure your payment is submitted on time. Late payments can result in penalties and interest.

Know someone who owns a home in the collar counties? Share this reminder before a deadline sneaks up on them.

For more info and to pay online >
DuPage: https://www.dupagecounty.gov/elected_officials/treasurer/pay_real_estate_taxes/
Will: https://willcounty.gov/County-Offices/Finance-and-Revenue/Treasurer-Office/Payment-Information/Other-Ways-to-Pay

05/29/2026

Fresh flowers, local produce, baked goods, coffee, dog treats, and the perfect excuse to enjoy a summer morning in Chicago. 🌻

We rounded up 10 of our favorite farmers markets in Chicago and the northern suburbs, including market days and times, so you can plan your next weekend outing.

From Green City Market in Lincoln Park to Evanston, Wilmette, Winnetka, and more, there are so many great places to shop local and support farmers, makers, and small businesses.

Save this post for your next market run, and let us know your favorite farmers market in the comments.

For a more comprehensive database of Chicago-area farmers markets, check out WTTW’s 2026 Farmers Market Guide to Chicago and the Suburbs:

https://www.wttw.com/playlist/2026/04/23/farmers-market-guide-2026

05/25/2026

Happy Memorial Day from Wrigley and the team at The David Frank Law Group. 🇺🇸

Today, while we enjoy time with family, friends, and a good backyard BBQ, we pause to remember what this day is truly about.

We honor the brave men and women who made the ultimate sacrifice for our country. Their courage, service, and sacrifice will never be forgotten.

Wishing everyone a safe, meaningful, and happy Memorial Day.

With gratitude,
Wrigley and the team at The David Frank Law Group

05/21/2026

Your child turns 18 and suddenly, legally, you are no longer in the room.

Even if they are still on your insurance.

Even if you are paying tuition.

Once your child is legally an adult, you will not have access to their medical information without the proper documents in place.

That means if there is an emergency, hospitals won't be able to speak openly with you about their condition, treatment, or next steps.

This is why every college student should have a Medical Power of Attorney in place.

It allows your child to name someone they trust, usually a parent, to make medical decisions and communicate with doctors if they cannot speak for themselves.

Our advice:

✔ Have it signed before they leave for school
✔ Share a copy with their college or university
✔ Save it on your phone
✔ Make sure your child has a copy too

It is one of those documents you hope you never need, but if you do need it, you will be very glad it exists.

We can handle this for you for $500.

Send your student off with peace of mind, not just dorm supplies.

05/18/2026

In our opinion, Monday is the best day to accept an offer.

Here’s why:

For Buyers:
Accepting on a Monday means the 5 business-day attorney review stretches a little further—because you pick up the weekend. That’s 2 extra days (Saturday + Sunday) to schedule and complete inspections. And during the busy spring/summer months, when inspectors are booked out, that extra time can make all the difference.

For Sellers:
In a competitive market, timing is leverage. Weekends are when the most buyers are out touring homes—and when offers roll in. Accepting too early (especially on a Saturday) could mean leaving a stronger offer on the table. Waiting until Monday gives you a clearer picture of all your options so you can choose the best terms with confidence.

Strategy matters big time in real estate, and sometimes, the calendar is your biggest advantage.

05/14/2026

One of the easiest ways to keep your deals moving smoothly is getting the details right from the start. We often see the same small mistakes create unnecessary delays—and they’re all avoidable with a little extra attention upfront.

Here are the top 5 issues we see (and how to avoid them):

1. Incorrect Seller Names
Make sure the seller’s name is written exactly as it appears on the vesting deed. This could be an individual or a trust—accuracy here is critical.

2. Missing Signatures & Initials
Double check that both buyer and seller have signed, dated, and initialed everywhere required throughout the contract. One missed spot can slow everything down.

3. Tax Prorations
For tax prorations, simply write TBD-AI. Our team will calculate this for you to ensure accuracy.

4. Incomplete Contact Information
Include full contact details for both buyer and seller. This helps streamline communication and avoid back-and-forth later.

5. Missing HOA / Property Manager Info
If the property is part of an HOA, be sure to include the HOA or property manager’s contact information from the start.

Taking a few extra minutes to confirm these details can save days of delays, and a lot of frustration, for everyone involved.

05/10/2026

Our team is phenomenal at helping our clients build their futures. But today isn’t about contracts or closings. It’s about something far more meaningful: the homes they help build in their own lives.

To the mothers on our team—thank you for the care, strength, and dedication you bring both to your families and to everything you do here. The same commitment that makes you exceptional in your work is what makes you extraordinary at home.

We wish all the Moms and mother figures reading this a well-deserved day of appreciation, love, and recognition. Happy Mother’s Day 💐

(Dana, Lori, Marissa, and Janet. Not pictured: Lindsay)

Address

3400 Dundee Road Suite 320
Northbrook, IL
60062

Telephone

+17732556499

Website

http://thedavidfranklawgroup.com/

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