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June 2010

06/30/10 Before and After in the South Suburbs Jim McClelland, the CEO of the Tinley Park–based Mack Industries, is helping some hard-hit south suburbs recover from the foreclosure crisis by creating some well-equipped and well-managed rental housing for residents of those towns. A longtime builder, McClelland began the project about five years ago... Posted at 9:54 AM in Housing Bulletin | Permalink | Comments (6)
	06/29/10 Magellan's James Loewenberg on Aqua and Surviving the Downturn Jeff Bailey, a veteran business reporter who writes Chicago magazine’s “What I Was Thinking” column, interviews James R. Loewenberg, the co-CEO of Magellan Development Group and the president of Loewenberg Architects... Posted at 2:53 PM in Housing Bulletin | Permalink | Comments (0)
	06/28/10 Coach DiNardo Executes a Switch Play List Price: $1.5 million Sale Price: $1.25 million The Property: Two years ago, this 13-room house in Western Springs seemed like a good fit for the former college football coach Gerry DiNardo, who was moving with his family from southern Indiana to Chicago... Posted at 10:57 AM in Sale of the Week | Permalink | Comments (0)
	06/24/10 Condo Embraces Playboy Mansion's Garden List Price: $2.9 million The Property: It’s a safe bet that when tourists on buses ogle the mansion at 1340 North State Parkway, they are more interested in the mansion’s swinging years as the Playboy Mansion rather than in the sumptuous Beaux Arts details of the century-old façade designed by James Gamble Rogers or the secluded formal garden on the building’s south end... Posted at 10:16 AM in On the Market | Permalink | Comments (1)
	06/23/10 Open House at Lake Forest Home Owned by Vince Vaughn’s Mother An open house is scheduled for Sunday, June 27th, at the Lake Forest home of Sharon Vaughn, the mother of the movie star Vince Vaughn. Priced at $2.395 million, the five-bedroom, six-bathroom house has about 6,000 square feet of living space and stands on a two-acre site that overlooks the Lake Forest Open Lands Association’s Mellody Farm Nature Preserve... Posted at 10:00 AM in Housing Bulletin | Permalink | Comments (2)
	06/21/10 Wilmette Home of Arrested Trader Sells List Price: $1,269,000 Sale Price: $1,275,000 The Property: A Wilmette home that the commodities trader Jay Nolan forfeited to the U.S. government last December has been sold. Posted at 9:52 AM in Sale of the Week | Permalink | Comments (0)
	06/17/10 Sailing Above Belmont Harbor List Price: $1.65 million The Property: A 65-foot span of windows on the ninth floor of an ornate Beaux-Arts building frames an extraordinary view of the boats, runners, and trees that make Belmont Harbor a summertime jewel... Posted at 1:08 PM in On the Market | Permalink | Comments (0)
06/16/10 Incorruptibly Wisconsin Sellers of homes typically tout a location’s best qualities: its excellent schools, quaint shopping areas, or easy access to major commuting routes. But the owner of one southern Wisconsin property opted to extol a very unusual advantage of his location—buy there and you can get away from the corrupt politicians of Illinois... Posted at 8:06 AM in Housing Bulletin | Permalink | Comments (1)
	06/14/10 Townhouse Penthouse at Lakeshore East List Price: $2,800,000 Sale Price: $3,216,098 The Property: Situated south of the Chicago River and west of Lake Shore Drive, downtown’s Lakeshore East is best known as a neighborhood of dramatic new high-rise towers, including Aqua and 340 on the Park. But in its southeast corner... Posted at 11:53 AM in Sale of the Week | Permalink | Comments (0)
	06/10/10 A Cottage Grows in Wilmette List Price: $950,000 The Property: When it was 99 years old, this Wilmette home grew from a modest two-bedroom cottage into a four-bedroom Victorian with fanciful Carpenter Gothic trim. Built in 1893 in what is now a highly desirable eastern Posted at 10:00 AM in On the Market | Permalink | Comments (0)
	06/09/10 Prairie Avenue’s Unlikely Survivor A 125-year-old brick and sandstone Queen Anne–style mansion at 28th Street and Prairie Avenue is on the market for the first time ever. As you will see in the video, the 24-room house—which withstood white flight, as well as the construction (and subsequent demolition) of a public... Posted at 9:53 AM in Housing Bulletin | Permalink | Comments (2)
	06/07/10 Michelle Obama's Stylist Selling River North Salon Michael Flowers, who styled Michelle Obama’s hair from the time she was 18 up to and including the day of her husband’s inauguration, is putting his salon, Van Cleef Hair Studio, up for sale. Flowers and his partner, Daryl Wells, who also runs the studio (at 56 West Huron Street), want to retire to Costa Rica, where they own land, Wells says. Posted at 12:14 PM in On the Market | Permalink | Comments (2)
	06/03/10 Cubs' Board Member Laura Ricketts Buying House on Wilmette Lakefront List Price: $6.5 million Sale Price: Not known The Property: Laura Ricketts, one of four members of the Ricketts family on the board of the Chicago Cubs, is in the process of buying a $6.5-million lakefront house in Wilmette with her partner, Heidi Grathouse, real-estate sources in Wilmette confirm... Posted at 4:58 PM in Sale of the Week | Permalink | Comments (1)
	06/03/10 Going Yard in Bucktown List Price: $1.89 million The Property: Transforming an old Bucktown hardware store into this single-family home was a complex project, but it had at least one thing going for it. Because the existing building filled its site all the way to the lot lines, the home could be deeper and wider than new construction... Posted at 2:29 PM in On the Market | Permalink | Comments (1)
	06/02/10 Former Home of R. Kelly Back on the Market at $3.89 Million The converted 19th-century church that was once home to the R&B musician R. Kelly will be put up for sale on June 7th. Extensively renovated in the past 18 months, the place is now a four-bedroom home with a marble-clad fireplace in the living room, a sleek kitchen, a 1,500-square-foot rooftop terrace with an outdoor kitchen, and an elevator. Posted at 9:19 AM in Housing Bulletin | Permalink | Comments (4)

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