Deal Estate
 

Sale of the Week

What $1 Million Buys This Month

8/22/11

What $1 Million Buys This Month

So far in August, three homes have sold for precisely $1 million, and they all went on the market—for the first time, at least—in the spring of 2009. Here’s a closer look...

Posted at 8:39 a.m. in Sale of the Week | Permalink | Comments (0)

Sellers Shrug Off Lower Sale Price on Oak Brook House

8/15/11

Sellers Shrug Off Lower Sale Price on Oak Brook House

List Price: $2.999 million 
Sale Price: $3.1 million 
The Property: This 11,000-square-foot house in Oak Brook’s Midwest Club nearly sold for about $4.2 million in 2008, but the deal fell apart, says the sellers’ agent, Jaime Adams...

Posted at 9:35 a.m. in Sale of the Week | Permalink | Comments (0)

Sun-Times Investor Moves from Park Newberry Condo to Elysian Penthouse

8/8/11

Sun-Times Investor Moves from Park Newberry Condo to Elysian Penthouse

List Price: $2.25 million
Sale Price: $1.95 million
The Property: Robert Parrillo, a Chicago lawyer who was part of the investor team that in 2009 rescued the Chicago Sun-Times from bankruptcy, has sold a four-bedroom condo at the Park Newberry and is moving to the highest residential floor of the luxe Elysian...

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

Early Oak Park Developer’s Home Sells Quickly

8/1/11

Early Oak Park Developer’s Home Sells Quickly

List Price: $890,000
Sale Price: $840,000
The Property: This substantial Victorian, built in 1906 for a man whose family construction business developed large swaths of homes in Oak Park and the Far West Side of Chicago, sold in just 15 days this May...

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

Sale of the Week: The 11,000-Square-Foot Chimneys Cottage

7/28/11

Sale of the Week: The 11,000-Square-Foot Chimneys Cottage

A Lake Forest mansion recently owned by a retired VP from Baxter International, which features a stunning library addition by Howard van Doren Shaw and a hidden "speakeasy" bar, sells for less than half its 2008 asking price.

Posted at 2:47 p.m. in Sale of the Week | Permalink | Comments (0)

It Took 2 Face-Lifts to Get This Lincoln Park Foreclosure Sold

7/25/11

It Took 2 Face-Lifts to Get This Lincoln Park Foreclosure Sold

List Price: $950,000
Sale Price: $949,900
The Property: When I wrote about this Lincoln Park house in October 2009, Brickyard Bank, which had foreclosed on it, had just put the home through a facelift to make it more marketable...

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

Sears Exec Pays Most in 5 Years in St. Charles

7/18/11

Sears Exec Pays Most in 5 Years in St. Charles

List Price: $3.2 million
Sale Price: $3.1 million
The Property: A custom-built, 11,000-square-foot house on a little more than two acres in the far western suburb of St. Charles commanded the town’s highest home price in five years when it sold July 1...

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

Two Thumbs Up for Thea Flaum’s Presale Renovation

7/11/11

Two Thumbs Up for Thea Flaum’s Presale Renovation

List Price: $1.199 million
Sale Price: $1.149 million
The Property: Thea Flaum, the original producer of Gene Siskel and Roger Ebert’s TV movie-review show, was having trouble selling her Old Town condo...

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

Chicago’s Loftiest Foreclosure—and Possibly the World’s

7/4/11

Chicago’s Loftiest Foreclosure—and Possibly the World’s

List Price: $1,750,000
Sale Price: $950,000
The Property: When a 2,900-square-foot condo on the 83rd floor at the John Hancock Center sold June 22, it became Chicago’s loftiest foreclosure—and very likely, the world’s...

Posted at 6:00 a.m. in Sale of the Week | Permalink | Comments (0)

A Record Sale in Lake Bluff

6/27/11

A Record Sale in Lake Bluff

List Price: $6.39 million
Sale Price: $5.5 million
The Property: The buyer of a secluded lakefront mansion on part of an old Armour family estate in Lake Bluff appears to have paid more for it than anyone has ever spent for a private home in that North Shore town...

Posted at 9:15 a.m. in Sale of the Week | 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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