Deal Estate
 

Sale of the Week

All in the Crown Family — Winnetka

All in the Crown Family — Winnetka List Price: N/A Sale Price: $1 million
The Property: In December, Lester Crown, the 84-year-old patriarch of one of Chicago’s wealthiest families, sold his interest in a secluded Winnetka mansion to his son, Steven.

Posted 02/08/10 at 07:22 AM | Permalink | Comments (0)

On the Market

This Side of Paradise — St. Charles

This Side of Paradise — St. Charles List Price: $1.695 million
The Property: Back in 1984, when Pete and Barbara Rosi went looking for a tranquil country residence in Kane County, they fell in love with a hillside home outside St. Charles that had been built in 1932 as a getaway for a Chicago family. Situated 58 feet above its own private lake, and with tall oaks hanging overhead, the house was their ideal.

Posted 02/04/10 at 12:32 PM | Permalink | Comments (0)

Housing Bulletin

Chicago’s Real-Estate Forecast

“Realtors cannot change economic reality,” insisted Genie Birch, a Koenig & Strey GMAC agent and the president of the Chicago Association of Realtors (CAR). Birch’s remarks opened CAR’s economic forecast panel for 2010, which met on January 28th at the Holiday Inn Mart Plaza. Here are ten other things that Chicago real-estate agents heard from the panel:

Posted 02/03/10 at 08:13 AM | Permalink | Comments (0)

Sale of the Week

Blackhawks’ Troy Brouwer Buys in Roscoe Village

Blackhawks’ Troy Brouwer Buys in Roscoe Village List Price: $699,000
Sale Price: $675,000
The Property: Troy Brouwer, who plays right wing for the Chicago Blackhawks, has bought a three-bedroom, four-bath condo in a new Roscoe Village condo building.

Posted 02/01/10 at 07:18 AM | Permalink | Comments (0)

On the Market

Down on the Farm in Barrington Hills

Down on the Farm in Barrington Hills List Price: $2.97 million
The Property: Twelve years ago, Doug and Lucinda Hanover bought a little 1880s Barrington Hills farmhouse with a rhubarb patch out front. What they have now is a 6,000-square-foot home that incorporates the property’s old barn as a two-story...

Posted 01/28/10 at 09:56 AM | Permalink | Comments (0)

Housing Bulletin

A Gallery of Low Prices

A Gallery of Low Prices Price cuts, short sales, and foreclosures cross my desk in herds these days. Since the start of the new year, it seems that the sellers of houses, townhouses, and condos who are eager to unload their property have become markedly more serious about making it happen.
Today I have pulled together a gallery of low-priced properties in the city and suburbs. Some of these homes are being sold at auction, and others are...

Posted 01/27/10 at 08:23 AM | Permalink | Comments (2)

Sale of the Week

Gold Coast Condo Combo

Gold Coast Condo Combo List Price: $3.95 million
Sale Price: $3.5 million
The Property: A ten-room condo on the fourth floor of the 12-story 219 East Lake Shore Drive building was sold on January 20th for $3.5 million, the first sale at that prestigious address since mid-2007.

Posted 01/25/10 at 07:24 AM | Permalink | Comments (0)

On the Market

Glen Ellyn Short Sale

Glen Ellyn Short Sale List Price: $599,900
The Property: The latest asking price on this contemporary four-bedroom home in Glen Ellyn is about what the sellers paid for the place in 2004—before they spent an additional $75,000 to add a little more than an acre to what was a half-acre lot. The listing is now a short sale (where the lending bank approves selling the property for less than what’s due on the mortgage)...

Posted 01/21/10 at 09:55 AM | Permalink | Comments (4)

Housing Bulletin

“Dude, Don’t Rent”

“Dude, Don’t Rent” Most 20-year-olds can’t picture owning a home for at least another several years. For them, Kristen Conradi has a bit of advice: “Dude,” she says, “don’t rent.”
In December Conradi, a 20-year-old college student, bought a foreclosed two-bedroom condo near...

Posted 01/20/10 at 08:10 AM | Permalink | Comments (3)

Sale of the Week

ABC 7’s Mark Giangreco Buys in Museum Park

ABC 7’s Mark Giangreco Buys in Museum Park List Price: N/A
Sale Price: $1.225 million
The Property: Mark Giangreco, the sports director and lead sports anchor at WLS-TV ABC 7, has bought a two-bedroom condo on a high floor at One Museum Park, the pair of new condo towers that overlook the south end of Grant Park.

Posted 01/18/10 at 07:26 AM | Permalink | Comments (0)
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About This Blog

Deal Estate: The Blog is the online extension of Chicago magazine’s monthly “Deal Estate” column, which is written by Dennis Rodkin. On the blog, Rodkin—who has been covering the local housing scene for Chicago since 1991—provides timely updates on new homes to hit the market, recent high-end sales, and other residential real-estate news from the city and suburbs.

Got a hot housing tip? Contact Rodkin at dennis@rodkin.com.
Follow Dennis on Twitter at twitter.com/dealestate
And with our friends at CLTV's HomesPlus

 

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