Deal Estate
 

March 2012

From Bathhouse to Your House, in East Village

03/29/12

From Bathhouse to Your House, in East Village

List Price: $2.2 million
The Property: In the late 19th and early 20th centuries, working-class immigrants were pouring into Chicago, many of them into housing with little or no indoor plumbing. In response, the city built 19 bathhouses, where people could go to clean up...

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

03/28/12

More Evidence That Blacks, Latinos Were Hit Harder by Housing Bust

Positive signs in the housing market these days are outnumbered by negative ones—such as the data released Tuesday by Case Shiller that showed Chicago home values in January 2012 dipping back to January 2001 levels. And in neighborhoods that are largely African-American or Latino, the positives are even fewer...

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

Rodkin on Composite Versus Wood Fences

03/27/12

Rodkin on Composite Versus Wood Fences

Readers ask questions, and our real estate expert answers. This week, a reader named Gary from Chicago asks whether a composite fence or a wood fence would increase the value of his home.

Posted at 2:54 PM in DEQ's | Permalink | Comments (0)

Another New Mansion Coming to Burling Street

03/26/12

Another New Mansion Coming to Burling Street

List Price: $3.66 million
Sale Price: $3.66 million
The Property: A new mansion will soon start going up on the 1900 block of Burling Street, midway between the house with the giant blue sculpture and the so-called Parrillo Palace...

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

Bucktown’s Sunlight Store

03/22/12

Bucktown’s Sunlight Store

List Price: $935,000
The Property: On a quintessential Bucktown corner, several onetime storefronts have been converted into residences over the years. Among them is a one-story brick building that may have once been a furniture store and warehouse...

Posted at 10:15 AM in On the Market | Permalink | Comments (1)

03/21/12

Twelve Communities That Might Be on the Rebound

Digging into the data from which we built the home-values charts in the April issue of Chicago, I’ve found a dozen city neighborhoods or suburbs showing signs that they’ve hit bottom and may be on the way back up...

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

Rodkin on What to Do with a Deceased Relative’s Reverse Mortgage Home

03/20/12

Rodkin on What to Do with a Deceased Relative’s Reverse Mortgage Home

Readers ask questions, and our real estate expert answers. This week, a reader named Art from Evanston asks what one should do with a deceased relative’s home with a reverse mortgage.

Posted at 4:12 PM in DEQ's | Permalink | Comments (0)

Setting it Wright in Glencoe

03/19/12

Setting it Wright in Glencoe

List Price: $550,000
Sale Price: $500,000
The Property: Of the five rental homes in Glencoe that Frank Lloyd Wright built for his attorney, Sherman Booth, the Charles R. Perry House is the only one with a pagoda flourish on the façade, a design element inspired by the architect’s time in Japan...

Posted at 9:15 AM in Sale of the Week | Permalink | Comments (4)

Ryno Selling in Streeterville; Chico Sells in Little Italy

03/15/12

Ryno Selling in Streeterville; Chico Sells in Little Italy

Cubs great Ryne Sandberg and his wife, Margaret, put their three-bedroom Streeterville co-op on the market Wednesday, asking $650,000. The home has 2,500 square feet of space in a classic brick-and-limestone 1920s building...

Posted at 6:39 PM in Housing Bulletin | Permalink | Comments (1)

A Touch of Europe in South Barrington

03/15/12

A Touch of Europe in South Barrington

List Price: $5.5 million
The Property: The homebuilder Joe Elias and his company, Vintage Elegant Family Estates, pride themselves on bringing an old-world timelessness to their projects. At Hidden Lakes, a gated subdivision of very large homes in South Barrington, Elias took it up several notches, layering on the European-inspired details when creating this 13,000-square-foot home for his family...

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

Kenilworth: The Champ of Five-Year Home Values

03/14/12

Kenilworth: The Champ of Five-Year Home Values

For the April issue of Chicago, which hits newsstands this week, we created charts that show how home values are holding up in the city’s neighborhoods and suburbs. For the most part, they’re looking wan, at best—except for Kenilworth...

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

Rodkin on Home Values—Houses Versus Condos

03/13/12

Rodkin on Home Values—Houses Versus Condos

Readers ask questions, and our real estate expert answers. This week, a reader named Connie asks if home sales or condo sales are doing worse on the market.

Posted at 4:04 PM in DEQ's | Permalink | Comments (0)

Another North Shore Manse Sells at a Deep Discount

03/12/12

Another North Shore Manse Sells at a Deep Discount

List Price: $3.195 million
Sale Price: $1.75 million
The Property: Secluded at the end of a long wooded lane in Lake Forest, this North Shore chateau had been on the market since May 2008...

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

Light-Filled Townhouse in the Clybourn Corridor

03/08/12

Light-Filled Townhouse in the Clybourn Corridor

List Price: $1.295 million
The Property: Late in the 1980s, as the Clybourn Corridor was making its transformation from industrial area to vibrant urban neighborhood, a long block of townhouses was built on Maud Avenue, which parallels Clybourn Avenue...

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

Smart Tech’s Bungalows for the  21st Century

03/07/12

Smart Tech’s Bungalows for the 21st Century

In Logan Square, East Pilsen, and other Chicago neighborhoods, new residences are going up—and being swiftly bought—that go by the brand name Smart Tech Homes. But they could also be called the bungalows of the 21st century...

Posted at 9:35 AM in Housing Bulletin | Permalink | Comments (1)

Rodkin on Tips for Sellers to Make a House Stand Out

03/06/12

Rodkin on Tips for Sellers to Make a House Stand Out

Readers ask questions, and our real estate expert answers. This week, a reader named Vonna wants tips on how to make her home more appealing to potential buyers.

Posted at 2:43 PM in DEQ's | Permalink | Comments (0)

Modernist Home of Architect Who Designed ‘Ferris Bueller’ “Garage”

03/05/12

Modernist Home of Architect Who Designed ‘Ferris Bueller’ “Garage”

List Price: $1.1 million
Sale Price: $1.1 million
The Property: Sitting low and austere on a block of frilly Victorians in Evanston, the former home of the modernist architect David Haid is easy to overlook...

Posted at 9:15 AM in Sale of the Week | Permalink | Comments (1)

A Streeterville Condo Inside the Former American Furniture Mart

03/01/12

A Streeterville Condo Inside the Former American Furniture Mart

List Price: $1.4 million
The Property: Lakeshore Place, once known as the American Furniture Mart, is a 1920s behemoth on the lakefront that’s heavy and dark. On its 11th floor is a condo that is the exact opposite: airy and light...

Posted at 10:14 AM in On the Market | Permalink | Comments (2)

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

 

Advertisement

Categories

Recent Posts

Dennis on Twitter

 

Share

Archives

Feed

Atom Feed Subscribe to the Deal Estate Feed »

Advertisement