Winnetka’s Maverick House Back on the Market

One of the quirkiest houses on the North Shore—with light fixtures carved from wooden salad bowls, a Western-themed mural above the living room, and a distinctly offbeat fence—came back on the market this month, five years after it went up for sale for the first time since it was built more than 90 years ago…

The Five Buckinghams

List Price: (See individual condos, below)
The Property: Today we’re looking at five different condos for sale in the Buckingham. That just happens to be the same number of musicians that were in the Buckinghams, the Chicago-based band behind the 1967 tune “Kind of a Drag”…

Push Is on to Extend Tax Forgiveness on Foreclosures, Short Sales

Part of a distressed sale—a foreclosure or a short sale—or a loan modification entails the mortgage lender forgiving some or all of a homeowner’s debt. Formerly, tax laws counted that forgiven amount as taxable income. But in 2007, President George W. Bush signed legislation that temporarily exempted forgiven mortgage debt from taxable income. That law expires December 31—unless Congress acts to extend it…

Penthouse Sells at Mies Landmark

List Price: $1.975 million
Sale Price: $1.7 million
The Property: After more than two years on the market, a large, extensively renovated top-floor condo has sold at 880 North Lake Shore Drive, the landmark high-rise designed by Ludwig Mies van der Rohe…

December Deal Estate: Home Sales, News, and Trends

Sold: A Lotta Terra Cotta LAKE VIEW The most ornate residence in a cluster of homes built for officers of the Northwestern Terra Cotta Company, the Henry Rokham House and its elaborate display of ceramic ornamentation served as a striking advertisement for the Chicago firm. Established in 1878, Northwestern was once the country’s top manufacturer … Read more

Rodkin on Pricing an Empty Lot

Readers ask questions, and our real estate expert answers. This week, a reader named Barry from Mount Prospect asks for advice on how to price an empty lot he wants to buy, which seems to have no comparable sites.