
Yesterday, Antonio Davis, who spent two seasons with the Chicago Bulls, closed on the sale of his Burr Ridge home for $2.75 million. That’s $1 million less than the $3.75 million he had been asking for the 13-room house at the beginning of the year. It was the second house Davis had sold in the Chicago area in the past few months...
List Price: $990,000
The Property: The west-suburban couple who bought this three-bedroom condo on the 27th floor of the new One Museum Park East tower in 2008 were counting on using it as a second home for city getaways. They also hoped to live in it full-time...
Over the past week, two Chicago real-estate companies beefed up their online presence. On October 30th, @Properties went live with its upgraded site, and Dream Town Realty followed suit on November 3rd. Last week, both companies gave me a prelaunch look at their new sites, and I was impressed...
List Price: $7.95 million
Sale Price: $5.2 million
The Property: The software entrepreneur Marc Ewing and his wife, Lisa Lee, last week sold their 26-room Sheridan Road mansion in Glencoe for just three-quarters of the price that they had paid for the gated estate nine years earlier.
List Price: $1.499 million
The Property: It’s a view property, but what you see from this two-story townhouse at the base of a River North condo tower isn’t the usual grand sweep of skyline or lake. Instead, you get a human-scale view of a quieter stretch of the Chicago River and tranquil Erie Park, with the handsome old
Among the many losses resulting from the recent real-estate downturn, John Wasik’s may be unique: he lost the premise of his latest book. Near the tail end of the housing boom, Wasik—a personal finance columnist for Bloomberg News and the author of a dozen books—was working on a book arguing that...
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Where to Buy Now
by Dennis Rodkin
The silver lining behind the residential real-estate collapse is the opportunity for housing bargains. Here are 14 up-and-coming Chicago neighborhoods and suburbs where prices are relatively low and the promise for future growth is strong.
Trio Trouble: Three-bedroom condos a tough sell downtownLate-summer study by Appraisal Research Counselors says the three-bedroom condo has been the hardest hit |
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Rickety RichAfter a strong start, high-priced home sales slow significantly in Chicago and the suburbs |
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Over, Under, Sideways, DownTracking the vacillating value of local homes |
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Off The ShelfDeveloper hopes 7 percent cut moves condos at Library Plaza |
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Diminished ExpectationsWhile a rehabber laments his lost profits, the new upgrades remain at Mozart Manor |
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Steak OutFour new condos now occupy meatpacker’s grand mansion |
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