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April 2011

	04/28/11 A Vintage Lake View Greystone With Room to Grow List Price: $985,000 The Property: When making their coffee order, some people ask for the drink “with room”—space at the top of the cup for adding cream or sugar. Here’s a 124-year-old greystone in Lake View that comes with room: about 1,000 feet of unfinished walk-up attic space with 12-foot ceilings that could become a master suite or an enormous family room... Posted at 9:37 AM in On the Market | Permalink | Comments (1)
04/27/11 Census Shows African Americans Leaving High-Priced Suburbs As home prices soared in the first years of the 21st century, several of Chicago’s most desirable suburbs saw their African American population decrease, according to new data from the Metropolitan Planning Council. At the same time, the African American population boomed in some of the outer-ring suburbs, where inexpensive subdivision houses were built in large numbers between 2000 and 2010... Posted at 12:49 PM in Housing Bulletin | Permalink | Comments (1)
	04/25/11 Andy Bluhm, Son of JMB’s Neil Bluhm, Sells in Glencoe List Price: $2.85 million Sale Price: $2.3 million The Property: Andy Bluhm, the son of JMB Realty’s Neil Bluhm and an investor in his father’s three casino projects, has sold his contemporary-styled ranch house in Glencoe... Posted at 9:15 AM in Sale of the Week | Permalink | Comments (0)
	04/21/11 Linda Johnson Rice Sells on the Gold Coast Linda Johnson Rice, the chairman of Johnson Publishing, closed yesterday on the sale of her ten-room condo at the Carlyle. The sale price was $2,255,815—77 percent of the $2.9 million Rice was asking when she first listed the condo for sale in April 2010... Posted at 1:37 PM in Housing Bulletin | Permalink | Comments (0)
	04/21/11 An Old Hyde Park House Remade for Today List Price: $2.25 million The Property: If you had designed a home in the late 1880s knowing how families would live in 2011, you might have come up with today’s residence: imposing on the outside—all that rough-cut limestone and a pair of turrets—but warm and casual on the inside... Posted at 11:35 AM in On the Market | Permalink | Comments (1)
	04/20/11 Condo Ruin Gets a Second Chance A five-story building at 2609 West Belmont Avenue that has stood unfinished and exposed to the elements for about three years is on its way to getting a restart later this spring. Lewis Korompilas, the head of the Northbrook-based Premium Builders, said that he will close on his purchase of the former North River Court project from Village Bank & Trust in Arlington Heights at a price that he will only specify as “under $3 million.” He expected the deal to close around June 1st... Posted at 9:15 AM in Housing Bulletin | Permalink | Comments (2)
	04/18/11 Foreclosed River North Townhouse Sells for 52 Percent of Its 2006 Price List Price: $1,849,900 Sale Price: $1,575,000 The Property: Five years ago, this 7,000-square-foot townhouse in a former industrial section of Chicago’s River North neighborhood sold for $3 million... Posted at 9:15 AM in Sale of the Week | Permalink | Comments (0)
	04/14/11 Hooked on the Classics, in Oak Park List Price: $1.048 million The Property: From its green tile roof to the frieze over the front windows and entry, this Oak Park house offers a classic welcome. Its Mediterranean exterior speaks of the 1930s, but inside, where the grace of that era is still intact in the large rooms, walnut doors, and vintage features, the home has been entirely updated in the past eight years—that is, since the interior designer Amy Calain moved in... Posted at 2:00 PM in On the Market | Permalink | Comments (1)
04/13/11 Proposed Laws Say Foreclosures Count—and Don’t Count Separate bills working their way through the Illinois House and Senate contradict one another on a central point. One says distressed properties in a surrounding neighborhood should be considered in an evaluation of a home’s value; the other says that information is not relevant... Posted at 12:25 PM in Housing Bulletin | Permalink | Comments (0)
	04/11/11 Trader, Film Producer Sells Big in Winnetka List Price: $5.375 million Sale Price: $5.1 million The Property: Last week, Steve and Kim Prosniewski—he’s a trader who produced a 2010 movie about the decline of Chicago’s trading floors—completed the sale of their 15-room Winnetka home... Posted at 9:15 AM in Sale of the Week | Permalink | Comments (2)
	04/07/11 The Time-Traveler’s Life, Lincoln Park List Price: $1.99 million The Property: Two distinct eras in Lincoln Park’s history—its late-1870s boom years and its 1970s revival—coexist beautifully in this row house. The façade’s decorative cornice and carved window coping are hallmarks of the first era, while inside, the gracefully curved hanging staircase and piano-shaped ceiling of the master bedroom are signs of the second era’s inventiveness... Posted at 11:58 AM in On the Market | Permalink | Comments (0)
	04/06/11 Five Springtime Downtown Rentals With spring upon us, the rental market is starting to bloom, too. And renting downtown has never been hotter, with several swanky new buildings—EnV, 200², and 215 West—having opened in the past year... Posted at 9:50 AM in Housing Bulletin | Permalink | Comments (0)
	04/04/11 Bidders Vie For Glencoe Home of Former Rezko Partner List Price: $883,050 Sale Price: $950,000 The Property: In March 2010, Daniel Mahru, the former business partner of the now-jailed influence peddler Tony Rezko, lost his Glencoe house to foreclosure... Posted at 9:41 AM in Sale of the Week | Permalink | Comments (1)

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