Deal Estate - Chicago

On the Market

From Warehouse to Their House, in Bucktown

List Price: $3.275 million
The Property: An old triangular brick warehouse, last used as a distributorship for Polish folklore items, has became a stylish home in the hands of the developers Bob and Karen Ranquist. The mix of original wood beams and brick with new wooden stairs, steel beams in the kitchen addition, and funky custom light fixtures by Toronto’s Castor design gives the home a warm, hand-honed feeling...

Posted 09/02/10 at 03:28 PM | Permalink | Comments (0)

Housing Bulletin

A Man’s Dream is His Castle

About a mile south of the O’Hare Oasis on the Tri-State Tollway, a billboard trumpets, “King Wanted.” It’s part of Paul Iwanski’s marketing campaign to sell the 18,000-square-foot castle he is building on a one-acre lot in Oak Brook...

Posted 09/01/10 at 12:14 PM | Permalink | Comments (0)

Sale of the Week

A Deep-Discount Foreclosure Moves Fast, in Park Ridge

List Price: $348,480
Sale Price: NA
The Property: Impressive on the outside, this 13-room Park Ridge home might originally have been quite nice inside, too. But sometime during the foreclosure process, the interior was stripped...

Posted 08/30/10 at 09:36 AM | Permalink | Comments (0)

On the Market

Got Teenagers? Here’s Your New Home(s)

List Price: $3.5 million
The Property: As the father of a teenager, I have to admire Milt and Sylvia Clow’s approach to living with adolescents. In the early 1940s, the Lake Forest couple built one house for themselves and a separate house across the driveway for their two teenagers...

Posted 08/26/10 at 11:12 AM | Permalink | Comments (0)

Housing Bulletin

Two Reports Look at Property Tax Rates and Pessimism about Home Values

Residential property tax rates rose—in some cases, steeply—in 9 of 12 representative Cook County municipalities over the past decade, according to the Civic Federation. Meanwhile, taxes on commercial and industrial property went the other direction, declining in 11 of the 12 municipalities...

Posted 08/25/10 at 02:14 PM | Permalink | Comments (1)

Sale of the Week

Morton’s Cofounder Sells House with Huge Gourmet Kitchen

List Price: $1.699 million
Sale Price: $1.600 million
The Property: Klaus Fritsch, who, with Arnie Morton, launched Morton’s The Steakhouse in 1978, has sold the 13-room house he built in 1998.
“My house was for parties,” Fritsch says...

Posted 08/23/10 at 09:24 AM | Permalink | Comments (0)

On the Market

Going Door to Door in Lake View

List Price: $1.995 million
The Property: When they set out to build a new home on a corner lot in Lake View eight years ago, the interior designer Tracy Hickman and Chad Munger moved the front door off Barry Avenue and around the corner onto Wolcott Avenue...

Posted 08/19/10 at 02:26 PM | Permalink | Comments (0)

Housing Bulletin

Positive Signs for Some Relocated CHA Residents

When the Chicago Housing Authority (CHA) started moving residents out of two South Side developments nine years ago, Susan Popkin, a public-housing expert at the Urban Institute, worried that it wouldn’t turn out well for the folks who got relocated. “I had a lot of concerns that these people would not manage,” she says, “that it was really going to [harm] them." But last week, Popkin and some colleagues...

Posted 08/18/10 at 09:30 AM | Permalink | Comments (1)

Sale of the Week

What $1 Million Buys Now—Suburban Edition

The Properties: Three suburban houses have each sold for exactly $1 million in the month since I reported what $1 million buys in the city. Let’s take a look at what suburban homebuyers are getting for that benchmark price right now...

Posted 08/16/10 at 12:27 PM | Permalink | Comments (1)

On the Market

An Alpine Home in Wheaton

List Price: $1.69 million The Property: The rustic style of the exterior and main interior rooms of this Wheaton home are a tribute to the Vermont skiing club where Ed Morgan, who built the house with his wife, Sally, skied back in the 1950s...

Posted 08/12/10 at 12:50 PM | Permalink | Comments (2)

On the Market

From Warehouse to Their House, in Bucktown

Housing Bulletin

A Man’s Dream is His Castle

Sale of the Week

A Deep-Discount Foreclosure Moves Fast, in Park Ridge

On the Market

Got Teenagers? Here’s Your New Home(s)

Housing Bulletin

Two Reports Look at Property Tax Rates and Pessimism about Home Values

Sale of the Week

Morton’s Cofounder Sells House with Huge Gourmet Kitchen

On the Market

Going Door to Door in Lake View

Housing Bulletin

Positive Signs for Some Relocated CHA Residents

Sale of the Week

What $1 Million Buys Now—Suburban Edition

On the Market

An Alpine Home in Wheaton

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