One of the most controversial pieces of Kenwood property, the vacant lot next door to the house of President Barack Obama, went up for sale today. The sellers are asking $899,000. That’s 33 percent more than they paid for the 50-by-150-foot lot in March 2008, before Obama’s election presumably jacked up the value of properties near his…
List Price: $1.299 million
Sale Price: $1.325 million
The Property: The roofline isn’t the only thing about this Lake View house that is flat. On November 2, it sold for the third time in its six-year lifespan—and it went for roughly the same amount as it had the first two times…
List Price: $950,000
The Property: East Lake View is now so full of restaurants and homes that it’s hard to imagine that, just a century ago, a swath of it around Halsted and Aldine Streets was a landscape plant farm filled with greenhouses owned by the Wittbold family…
In July 1962, Dr. Theresa Southgate had the then-eccentric idea that she ought to live within walking distance of her new job at JAMA: The Journal of the American Medical Association, headquartered at Dearborn and Grand. “It was an awful neighborhood then, [with] nowhere to live,” Southgate recalls. But there was one big apartment project under construction four blocks south of the office, so she signed a lease…
Readers ask questions, and our real estate expert answers. This week, a reader named Joe from West Loop asks when his home will be worth what he paid for it six years ago.
List Price: $2.9 million
Sale Price: $3 million
The Property: After a big markdown designed to get this 16-room mansion on the Wilmette lakefront sold, the highest bidder got it for $3 million on October 30…
List Price: $1,999,000
The Property: No matter what the temperature is outside, it’s always the fifties inside this Glencoe home. Built in 1955, the house has one entire side of glass, facing the steep ravine at the edge of the lot…
A little over a year ago, almost ten percent of the 2,100 public-housing units owned by the Housing Authority of Cook County had stood empty for two years or more. That meant the county was failing to house about 200 needy households, even though it had spaces for them. But after an aggressive round of rehab—and a shakeup of the agency—those 200 units have been put back in use…
Readers ask questions, and our real estate expert answers. This week, a reader named Brittani from Romeoville asks for tips on selling her home quickly.
List Price: $1.495 million
Sale Price: $1.2 million
The Property: Behind the crazy glass, steel, and brick geometry of this Edgewater townhouse lies a distinctive space: a 10-room home from which residents can walk right out onto the northernmost tip of Lincoln Park and the park’s farthest-north beach Kathy Osterman Beach…
