Report: Chicago Harder Hit by Housing Collapse

The most recent Case-Shiller Home Price Index, which tracks residential real estate in the country’s major metropolitan areas, shows that, by one measure, the housing collapse hit Chicago harder than many other cities. Over the past four years (from November 2006 to November 2010, the latest date for which information was available), prices here dropped … Read more

Weekend Photos: South Branch Tavern and Grille

Right now that 4,000-square-foot patio just sits there, taunting you, but come summer—or even, say, 60 degrees—you’ll be the first one out on deck. In the meantime, console yourself with floor-to-ceiling river views from inside South Branch Tavern and Grille, a new happy-hour destination that opened in the Loop last week…

A Good Deal on a Car Dealer’s Winnetka House

List Price: $1 million
Sale Price: $900,000
The Property: In 2006, federal marshals seized this 7,400-square-foot, five-bedroom Winnetka house after its owner was charged with selling scores of luxury cars to Chicago gang members for cash as a way of helping them launder millions of dollars in drug profits…