On Friday, Richard Cooper, the head of an Oak Brook-based hedge fund, sold his 66th-floor penthouse at the Park Tower for $15 million, the highest-ever recorded sale price of a Chicago condo…
List Price: $3.2 million
Sale Price: $2.56 million
The Property: This 15-room house near the heart of Elmhurst sold for more than any other residence in the town ever has, according to multiple listing service records that date back to 1980…
List Price: $3.35 million
The Property: On a block in Lincoln Park, things are really headed up. Over the past year, two neighboring houses have sold for more than $4 million each, and across the street, the last remaining old-time eyesore is now undergoing extensive rehab…
Apartment rents have been rising and will keep going up for the near future—but at three different rates in three different strata of the market, according to speakers at last week’s Lincoln Park Builders Real Estate Forum ’12. In the fourth and bottom layer, they will remain flat…
Readers ask questions, and our real estate expert answers. This week, a reader named Jerry from Rogers Park asks which neighborhood would be the best place to buy a home on the far North Side of Chicago.
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.
