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.

Reasons to Look Up, in Lincoln Park

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…

Deal Estate Flash: Lot Next Door to Obama House on the Market

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…