Deal Estate
 

Sale of the Week

A (Pabst) Blue-Ribbon Sale — Glencoe

A (Pabst) Blue-Ribbon Sale — Glencoe List Price: $7.95 million
Sale Price: $5.2 million
The Property: The software entrepreneur Marc Ewing and his wife, Lisa Lee, last week sold their 26-room Sheridan Road mansion in Glencoe for just three-quarters of the price that they had paid for the gated estate nine years earlier.

Posted 11/02/09 at 08:07 AM | Permalink | Comments (0)

On the Market

River View in River North

River View in River North List Price: $1.499 million
The Property: It’s a view property, but what you see from this two-story townhouse at the base of a River North condo tower isn’t the usual grand sweep of skyline or lake. Instead, you get a human-scale view of a quieter stretch of the Chicago River and tranquil Erie Park, with the handsome old

Posted 10/29/09 at 08:38 AM | Permalink | Comments (0)

Housing Bulletin

The Housing Decline’s Green Lining

The Housing Decline’s Green Lining Among the many losses resulting from the recent real-estate downturn, John Wasik’s may be unique: he lost the premise of his latest book. Near the tail end of the housing boom, Wasik—a personal finance columnist for Bloomberg News and the author of a dozen books—was working on a book arguing that...

Posted 10/28/09 at 09:08 AM | Permalink | Comments (1)

Sale of the Week

Foreclosed, Fixed, and Sold — Roscoe Village

Foreclosed, Fixed, and Sold — Roscoe Village List Price: $919,000
Sale Price: $916,000
The Property: At a time when Chicago appears to have the nation’s biggest logjam of unsold homes—enough to supply 19 months worth of sales, according to a recent Wall Street Journal survey of 28 major metro areas—a savvy investor has done his part to advance the...

Posted 10/26/09 at 08:13 AM | Permalink | Comments (2)

On the Market

Eyeing a Bucktown Penthouse

Eyeing a Bucktown Penthouse List Price: $1,175,000
The Property: This two-level penthouse unit is at Aspen 6, a Bucktown building. Its distinguishing feature (not visible from the street) is an enclosed second-story courtyard, shaped approximately like an eye, that all the condos look into.

Posted 10/22/09 at 09:27 AM | Permalink | Comments (0)

Housing Bulletin

Auctions Bid for Attention

Auctions Bid for Attention The auctions of a couple of big-ticket properties—the old main post office and a Burr Ridge mansion—have been getting lots of press lately, but there are many other, less pricey properties up for auction in Chicago and the suburbs. By my count, auction houses will...

Posted 10/21/09 at 07:55 AM | Permalink | Comments (1)

Sale of the Week

Jim McMahon Sells His Northbrook Home

Jim McMahon Sells His Northbrook Home List Price: N/A
Sale Price: $2.85 million
The Property: Jim McMahon, the quarterback who led the Chicago Bears to victory in Super Bowl XX, has quietly sold his Northbrook home of more than 20 years to a neighbor. McMahon and his wife, Nancy, raised their four kids in the house; the youngest, Zach, was a senior at Glenbrook North High School last year.

Posted 10/18/09 at 03:46 PM | Permalink | Comments (0)

On the Market

Former CBS2 Reporter Faces Lincoln Park Foreclosure

Former CBS2 Reporter Faces Lincoln Park Foreclosure List Price: $1.2 million
The Property: This foreclosed house is different from most—and not just because of the distinctly 1980s look of the geometrical stucco panels on the exterior or the pipe handrails and cutout fireplace inside. The other difference is...

Posted 10/15/09 at 09:53 AM | Permalink | Comments (1)

Housing Bulletin

Brown’s Line on House-Hunting—Plus Bungalow News

Brown’s Line on House-Hunting—Plus Bungalow News Maybe it’s not auspicious to launch a website that lets house-hunters find real estate listings near their preferred transit stops in the same week that the Chicago Transit Authority threatens a new round of service cuts and fare increases. Fortunately, Tom Brown is taking the long-term view...

Posted 10/14/09 at 07:16 AM | Permalink | Comments (1)

Sale of the Week

Troubled House Back On the Market — Hinsdale

Troubled House Back On the Market — Hinsdale List Price: $2.699 million
Sale Price: $1.400 million
The Property: This 27-room house, once priced by its builder at about $4.5 million but sold unfinished and with various contractors’ liens against it, was bought on October 2nd by an investor—who put it right back on the market, priced at...

Posted 10/12/09 at 08:20 AM | Permalink | Comments (0)
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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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