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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...
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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...
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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...
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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.
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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
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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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List Price: $919,000
Sale Price: $916,000
The Property: At a time when Chicago appears to have the nation’s biggest logjam of unsold homes—enough to supply 19 months worth of sales, according to a recent Wall Street Journal survey of 28 major metro areas—a savvy investor has done his part to advance the...
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List Price: $1,175,000
The Property: This two-level penthouse unit is at Aspen 6, a Bucktown building. Its distinguishing feature (not visible from the street) is an enclosed second-story courtyard, shaped approximately like an eye, that all the condos look into.
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The auctions of a couple of big-ticket properties—the old main post office and a Burr Ridge mansion—have been getting lots of press lately, but there are many other, less pricey properties up for auction in Chicago and the suburbs. By my count, auction houses will...
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List Price: N/A
Sale Price: $2.85 million
The Property: Jim McMahon, the quarterback who led the Chicago Bears to victory in Super Bowl XX, has quietly sold his Northbrook home of more than 20 years to a neighbor. McMahon and his wife, Nancy, raised their four kids in the house; the youngest, Zach, was a senior at Glenbrook North High School last year.
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