Deal Estate
 

August 2012

Deal Estate Flash: Former Blackhawk Cam Barker Sells in Bucktown

08/30/12

Deal Estate Flash: Former Blackhawk Cam Barker Sells in Bucktown

Cam Barker, who spent several seasons with the Chicago Blackhawks before being traded to the Minnesota Wild in February 2010, has sold the Bucktown condo he bought three years ago...

Posted at 4:33 PM in Housing Bulletin | Permalink | Comments (0)

Be It Ever So Humboldt

08/30/12

Be It Ever So Humboldt

List Price: $879,000
The Property: Stately older homes line several blocks of Humboldt Boulevard, one strand of Chicago’s “emerald necklace.” Notable among them is this brick house...

Posted at 10:00 AM in On the Market | Permalink | Comments (1)

08/29/12

A September to Remember?

It’s been a nice summer, hasn’t it? We’ve had three good, hot months—and I’m not talking about the weather. The new Case-Shiller information that came out Tuesday showed that home prices in the Chicago area rose for the third month in a row...

Posted at 11:25 AM in Housing Bulletin | Permalink | Comments (0)

Deal Estate Questions: Rodkin on Getting the Best Price for an Elderly Parent’s Home

08/28/12

Deal Estate Questions: Rodkin on Getting the Best Price for an Elderly Parent’s Home

Readers ask questions, and our real estate expert answers. This week, a reader named Susan from the Northwest Side asks if the cash offer she received for her mother’s home—from a buyer who wants to tear it down and build new—is the best she can get.

Posted at 1:43 PM in DEQ's | Permalink | Comments (0)

Former Home of MCA Founder Joe Shapiro Sold at Foreclosure

08/27/12

Former Home of MCA Founder Joe Shapiro Sold at Foreclosure

List Price: $879,000
Sale Price: $904,000
The Property: Formerly filled with one of Chicago’s finest collections of 20th-century art, this stone-and-stucco house in Oak Park had deteriorated so much in recent years that the real-estate agent who sold it at foreclosure on August 16 describes it as “destroyed inside...”

Posted at 9:15 AM in Sale of the Week | Permalink | Comments (0)

A Low-Rise Treasure from the Original High-Rise King

08/23/12

A Low-Rise Treasure from the Original High-Rise King

List Price: $700,000
The Property: Chicago’s William Le Baron Jenney is often called the father of the skyscraper. But at about the same time that he was working on the Ludington Building...

Posted at 10:00 AM in On the Market | Permalink | Comments (0)

08/22/12

Signs of a Stabilizing Real-Estate Market

In the past month, signs of vitality in the Chicago real-estate market have proliferated...

Posted at 10:00 AM in Housing Bulletin | Permalink | Comments (1)

Rodkin on Taking Advantage of Low Interest Rates

08/21/12

Rodkin on Taking Advantage of Low Interest Rates

Readers ask questions, and our real estate expert answers. This week, a reader named Jenny from the Lake View asks if she should cave in to the advice of real estate agents and lock in a low interest rate now, or continue to take her time searching for the home she wants.

Posted at 3:05 PM in DEQ's | Permalink | Comments (3)

In Hyde Park, Time Was on Their Side

08/20/12

In Hyde Park, Time Was on Their Side

List Price: $1.65 million
Sale Price: $1.494 million
The Property: Built in the late 1880s, this Hyde Park house predates the two late 19th-century spurs to the area’s growth: the founding of the University of Chicago (which opened in 1892) and the World’s Columbian Exposition of 1893...

Posted at 10:00 AM in Sale of the Week | Permalink | Comments (1)

A French Promenade in Winnetka

08/16/12

A French Promenade in Winnetka

List Price: $9.4 million
The Property: When you see the expansiveness of the grounds and house that make up this estate, it’s hard to imagine that the quaint center of the village of Winnetka is only a few blocks away. But its location makes the property...

Posted at 10:00 AM in On the Market | Permalink | Comments (0)

The Return of the Richelieu

08/15/12

The Return of the Richelieu

Tucked between two much taller buildings, the eight-story structure at 318 South Michigan Avenue looks like a small child flanked by its parents. In fact, the building is older than either of its neighbors...

Posted at 9:35 AM in Housing Bulletin Real Estate | Permalink | Comments (2)

Rodkin on How to Deal with Squatters in a Neighbor’s Foreclosed Condo

08/14/12

Rodkin on How to Deal with Squatters in a Neighbor’s Foreclosed Condo

Readers ask questions, and our real estate expert answers. This week, a reader named Phyllis from the Northwest Side asks what she should do about partying teenagers squatting in a recently-foreclosed condo in her building.

Posted at 2:42 PM in DEQ's Real Estate | Permalink | Comments (0)

The Summer’s Fourth Condo Sale at $6 Million or More

08/13/12

The Summer’s Fourth Condo Sale at $6 Million or More

List Price: $6.95 million
Sale Price: $6.4 million
The Property: An 8,100-square-foot condo on the 47th floor of the Fordham, at 25 East Superior Street, is the fourth downtown condo to have sold for $6 million or more since late June...

Posted at 9:15 AM in Sale of the Week | Permalink | Comments (0)

A Bargain in Beverly

08/09/12

A Bargain in Beverly

List Price: $479,000
The Property: On a block in Beverly where no two houses look alike, one of the most intriguing is this Tudor, whose brick pattern sometimes goes a little crazy. That gives the façade a hand-built look, which is helped along by the weeping mortar between the bricks and the occasional stone protruding from the chimney...

Posted at 10:00 AM in On the Market | Permalink | Comments (0)

Upgrades to Chicago Website Help Homeowners Tout Green Savings

08/08/12

Upgrades to Chicago Website Help Homeowners Tout Green Savings

Thanks to upgrades scheduled to be introduced today to the Chicago-based website Energy Results, people who have boosted their homes’ green profile will find it easier to tout those improvements when it comes time to sell those residences. Launched in 2010, Energy Results offers recommendations on how to make a home greener...

Posted at 12:08 PM in Housing Bulletin | Permalink | Comments (1)

Rodkin on New Construction Homes in East Village/Ukrainian Village

08/07/12

Rodkin on New Construction Homes in East Village/Ukrainian Village

Readers ask questions, and our real estate expert answers. This week, a reader named Ryan asks for an opinion on how new construction detached homes in East Village/Ukrainian Village will appreciate compared to similar homes in Bucktown, Lincoln Park, or Lake View.

Posted at 3:02 PM in DEQ's | Permalink | Comments (0)

In Evanston, Where Britannica Ruled the Waves

08/06/12

In Evanston, Where Britannica Ruled the Waves

List Price: $4.4 million
Sale Price: $3.8 million
The Property: Two longtime philanthropists linked to the old Chicago-based Encyclopedia Britannica have sold their lakefront home in northeast Evanston...

Posted at 9:30 AM in Sale of the Week | Permalink | Comments (0)

Humrich Design Belongs to Its Riverwoods Site

08/02/12

Humrich Design Belongs to Its Riverwoods Site

List Price: $669,000
The Property: Situated in Lake County, about 30 miles northwest of the Loop, Riverwoods was envisioned as a model town of an unusual sort: all its homes would nestle themselves in their natural surroundings, a deeply wooded plain adjacent to the Des Plaines River...

Posted at 10:00 AM in On the Market | Permalink | Comments (2)

08/01/12

Deal Estate Flash: Eric Ferguson Sells Lincoln Park Home

Eric Ferguson, who cohosts the morning show on WTMX The Mix with Kathy Hart, sold his Lincoln Park home Tuesday. Ferguson and his wife, Jennifer, sold the 11-room house for $2.63 million...

Posted at 10:56 AM in Housing Bulletin | Permalink | Comments (0)

City Rentals: Big Losses, Small Gains

08/01/12

City Rentals: Big Losses, Small Gains

Two pieces of recent news from the housing front reveal just how deep a hole the city’s supply of moderately priced rental apartments is in. Last week the Lawyers’ Committee for Better Housing reported that nearly 17,000 Chicago apartment buildings went into foreclosure from 2009 through 2011. That adds up to 51,792 apartments...

Posted at 9:35 AM in Housing Bulletin | Permalink | Comments (0)

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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