Elmhurst’s Checkerboard Chimney Charmer
List Price: $850,000
The Property: From first sight, it’s obvious that this Normandy-style home has a lot of history in Elmhurst. Built in 1930 as part of a subdivision…
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Rodkin on Logan Square’s Rebound from the Recession
Readers ask questions, and our real estate expert answers. This week, a reader named Larry, a commercial real estate executive, asks if the number of new businesses—restaurants, coffee shops, and more—in Logan Square would affect how quickly the neighborhood recovers from the recession.
Sales of Distressed Properties on Two-Month Upswing
After a few months of declines, sales of Chicago-area homes that were either foreclosed or sold for less than the value of the mortgage increased in both July and August.
Why Another Homeowner Converted to Renting
List Price: $1.2 million
Sale Price: $1.07 million
The Property: Kathy Posner, the longtime Chicago PR exec and civic volunteer, sold her 2,900-square-foot North Michigan Avenue condo for $1.07 million…
All the Marbles, in River North
List Price: $975,000
The Property: One section of River North could be called the town that Montgomery Ward built. Over several decades, the now-defunct retailer built…
Chicago Turning into FarmVille
Long known as a city of neighborhoods, Chicago is rapidly becoming a city of neighborhood farms. On top of the countless backyard and community gardens that dot the city, several larger-scale agricultural ventures are underway…
Rodkin on Losing Bids to Other Homebuyers
Readers ask questions, and our real estate expert answers. This week, a reader named Lois asks if it’s common for someone to repeatedly lose out to other potential homebuyers offering greater down payments.
Cotswolds-Style Cottage Turned Mansion Sells in Lake Forest
PEBBLE BEACH: Once a coach house, the expanded, pebble-and-tile house sells at a small loss
September Deal Estate News: Home Sales and Trends
Sold: Appraise-Worthy LA GRANGE The unidentified buyers of this 16-room house paid 18 percent less than the residence was worth in its most recent appraisal. According to the Cook County Recorder of Deeds, June Massarella listed the house in September 2011, asking $1.15 million (Ed Hall of Coldwell Banker, who handled the sale, says that … Read more
Unfinished Business at the Former Elysian
List Price: $4.795 million
Sale Price: $4.3 million
The Property: A healthcare executive who never got around to finishing the 4,000-square-foot condo he bought in 2010 at the Elysian sold it last Thursday for $4.3 million…