Deal Estate
 

March 2013

A Sexy Chicago Landmark Home Is Back on the Market

03/28/13

A Sexy Chicago Landmark Home Is Back on the Market

Take a look inside the Gold Coast’s Florsheim Mansion.

Posted at 12:40 PM in On the Market Real Estate | Permalink | Comments (0)

Ex-Cub Carlos Zambrano Sells in River Forest at 56 Percent of What He Paid

03/28/13

Ex-Cub Carlos Zambrano Sells in River Forest at 56 Percent of What He Paid

The pitcher has not had much luck unloading his Chicago properties.

Posted at 10:50 AM in Deal Estate Housing Bulletin | Permalink | Comments (4)

Has the Federal Government Held Back Illinois's Housing Recovery?

03/27/13

Has the Federal Government Held Back Illinois's Housing Recovery?

Lisa Madigan isn't the only state Attorney General hoping to fire the head of the Financial Housing Finance Agency.

Posted at 10:20 AM in Deal Estate Housing Bulletin Real Estate | Permalink | Comments (0)

Ask Rodkin: Can You Install In-Unit Laundry in an Older Condo?

03/26/13

Ask Rodkin: Can You Install In-Unit Laundry in an Older Condo?

Caitlin is in the market for her first condo, and she wants in-unit laundry—which many of the older, more affordable buildings don’t offer. Will a condo association allow her to install her own?

Posted at 10:00 AM in DEQ's Real Estate | Permalink | Comments (0)

This Lincoln Park Building Has Some of the Most Expensive Condos in Chicago

03/25/13

This Lincoln Park Building Has Some of the Most Expensive Condos in Chicago

A look at the properties selling in the millions at Lincoln Park 2250—and one place that rented for $7,500 a month.

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

This Logan Square House Is New Construction Done the Right Way

03/21/13

This Logan Square House Is New Construction Done the Right Way

The efficient systems and modern aesthetic make this $699,000 property a true rarity in Chicago.

Posted at 10:30 AM in Deal Estate On the Market Real Estate: Featured story | Permalink | Comments (1)

This Month Could Break a Six-Year Streak of Home Price Drops in March

03/20/13

This Month Could Break a Six-Year Streak of Home Price Drops in March

Can we count on a rebound in the housing market's version of March Madness?

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

Ask Rodkin: Should I Sell at a Lower Asking Price?

03/19/13

Ask Rodkin: Should I Sell at a Lower Asking Price?

Our real estate expert answers a question from Barbara in DuPage County. Her realtor says to sell at a huge loss, and her attorney says she should take the home off the market and wait. Whose advice should she follow?

Posted at 4:30 PM in DEQ's Real Estate | Permalink | Comments (0)

This 1866 Mansion Sold Before its Debut Party Even Started

03/18/13

This 1866 Mansion Sold Before its Debut Party Even Started

It's amazing how quickly someone can make a move on a $2.125 million property.

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

Here's a Massive, Multi-Million Dollar Mansion in the Mettawa Woods

03/14/13

Here's a Massive, Multi-Million Dollar Mansion in the Mettawa Woods

It's 11,800 square feet on 4.4 acres. And you could make the case that the $3.75 million asking price is actually a bargain.

Posted at 9:30 AM in On the Market Real Estate: Featured story | Permalink | Comments (0)

Ask Rodkin: How Do ADA-Compliant Home Upgrades Affect Resale?

03/13/13

Ask Rodkin: How Do ADA-Compliant Home Upgrades Affect Resale?

Our real estate expert weighs whether bathroom upgrades to make a condo accessible for the disabled will be an advantage or a detriment on the market.

Posted at 4:00 PM in DEQ's Real Estate | Permalink | Comments (0)

What Chicago’s Real Estate Recovery Actually Looks Like

03/13/13

What Chicago’s Real Estate Recovery Actually Looks Like

There are definite signs of a real estate recovery here. But the prices on our annual charts on home values will still come as a shock to some owners.

Posted at 10:30 AM in Housing Bulletin Real Estate | Permalink | Comments (1)

This Crazy, Wavy-Walled Bucktown House Just Sold for $670,000

03/11/13

This Crazy, Wavy-Walled Bucktown House Just Sold for $670,000

With its off-kilter façade, tilting sides, and pie-shaped rooms, the 1995 house was a bit of an oddball.

Posted at 10:55 AM in Sale of the Week Real Estate | Permalink | Comments (0)

The Legacy Tower Looks Like a Great Place to Live Downtown

03/07/13

The Legacy Tower Looks Like a Great Place to Live Downtown

There are 135 condos on the market in the new building, including a 10,000-square-foot penthouse on the 71st floor.

Posted at 2:45 PM in On the Market Real Estate: Featured story | Permalink | Comments (2)

The Best Properties Are Selling in the Blink of an Eye

03/06/13

The Best Properties Are Selling in the Blink of an Eye

After several years of homes sitting for sale on the market, there’s been a sharp turnaround. Is this as good as the buyer's market will get?

Posted at 9:45 AM in Housing Bulletin Real Estate | Permalink | Comments (1)

Ask Rodkin: When's the Right Time to Raise a Price?

03/05/13

Ask Rodkin: When's the Right Time to Raise a Price?

A homeowner's suggestion to her real estate agent neighbor: start raising the asking prices for any new listings in the building. What does Dennis think?

Posted at 5:00 PM in DEQ's Real Estate | Permalink | Comments (0)

This Evanston Classic Just Sold Near its 2002 Price—Despite a Huge Renovation

03/04/13

This Evanston Classic Just Sold Near its 2002 Price—Despite a Huge Renovation

This house was priced at $2.1 million back in 2008. After five years on and off the market, it sold in February for less than half of that. Much, much less.

Posted at 10:55 AM in Sale of the Week Real Estate | 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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