Readers ask questions, and our real estate expert answers. This week, a reader named Connie from Humboldt Park asks if her neighbor—who is putting a similar condo on the market for a higher price—is correct in suggesting that they should raise their asking price.
List Price: $1.595 million
Sale Price: $1.46 million
The Property: Ed Zander, the former chairman and CEO of Motorola, and his wife, Mona, have sold their 67th-floor condo at Water Tower Place…
List Price: $3.45 million
The Property: Today’s property is a handsome brick home, once the coach house of a large estate, built in Lake View in 1913. And today’s property is a slick contemporary clad in metal shingles and horizontal-laid wood siding built in the past six years in Lake View…
Sold: From Courthouse to Condos WHEATON At the historic former DuPage County Courthouse, a duplex condominium with three bedrooms and a dramatic patio in an open-air section of the clock tower has sold for $862,500. That’s 45 percent of the $1.9 million that Focus Development initially wanted for the condo when it began converting the … Read more
Readers ask questions, and our real estate expert answers. This week, a reader named Reilly from Lindenhurst asks how to show off the home’s best feature—a porch—to potential buyers when the area isn’t being used during the winter.
Houses and condos that lenders take over in foreclosure often need a lot of help getting turned around into habitable places again. For one Skokie-based not-for-profit, cleaning those homes provides an opportunity to repair something else at the same time: the lives of its employees…
List Price: $749,000
The Property: At the Century of Progress World’s Fair held on Chicago’s lakefront from 1933 to 1934, the Federal Housing Administration exhibited a model for a house it hoped to see spring up all over the country. It’s believed that this River Forest residence is that house, rebuilt on a corner lot after the fair…
List Price: $3.265 million
The Property: Everybody likes to bring home souvenirs of their travels. From a trip to Scotland, you might bring back a kilt (like the one I’m wearing in today’s video) or an entire house…
When Zillow announced last week that Chicago is the country’s number one market for homebuyers, I snarkily replied on Twitter that, by the same token, Chicago is the number one place where sellers are taking it in the shorts. Two reports out that same week backed me up…
Readers ask questions, and our real estate expert answers. This week, a reader named Nicole from Burr Ridge asks for advice on how to determine the price of their home in a neighborhood where nothing has traded in several years.
