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Illinois lawmakers are dogpiling on a situation that seems paradoxical: property taxes going up when home values are down. As a result, they have introduced five different pieces of legislation...
by Dennis Rodkin
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Readers ask questions, and our real estate expert answers. This week, a reader named Chris from Uptown asks if he should take a loss on his condo and move now, when home prices and interest rates...
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List Price: $3.299 million
Sale Price: $3.025 million
The Property: When this Glencoe house overlooking Lake Michigan went on the...
by Dennis Rodkin
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Three South Loop condo buildings, left with so many unsold units in the bust years that they were vertical ghost towns, are being brought back to life together by a company that bought 504 units...
by Dennis Rodkin
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Readers ask questions, and our real estate expert answers. This week, a reader named Jason from British Columbia, Canada asks if he can find Chicago properties at rock-bottom prices—that are not...
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List Price: $1.899 million
Sale Price: $1.6 million
The Property: Two months shy of its seventh anniversary of going on the...
by Dennis Rodkin
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Vacant foreclosed properties dot the map of Chicago and its surrounding suburbs. So think of the new Cook County land bank as housing’s Georges Seurat; it’s trying to arrange all those...
by Dennis Rodkin
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Readers ask questions, and our real estate expert answers. This week, a reader named Amy from Forest Park asks if she should change what’s currently a homework/library/computer room back to a...
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List Price: $2.149 million
Sale Price: $2.105 million
The Property: Chris Feurer, the CEO of the Chicago real-estate brokerage...
by Dennis Rodkin
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Last August, David McClain and Sanaa Hachem paid $475,000 for a 106-year-old house in Beverly. They knew the place was in bad condition, but they expected to spend about $175,000 and six months...
by Dennis Rodkin
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