Signs of a Stabilizing Real-Estate Market
In the past month, signs of vitality in the Chicago real-estate market have proliferated…
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Rodkin on Taking Advantage of Low Interest Rates
Readers ask questions, and our real estate expert answers. This week, a reader named Jenny from the Lake View asks if she should cave in to the advice of real estate agents and lock in a low interest rate now, or continue to take her time searching for the home she wants.
In Hyde Park, Time Was on Their Side
List Price: $1.65 million
Sale Price: $1.494 million
The Property: Built in the late 1880s, this Hyde Park house predates the two late 19th-century spurs to the area’s growth: the founding of the University of Chicago (which opened in 1892) and the World’s Columbian Exposition of 1893…
A French Promenade in Winnetka
List Price: $9.4 million
The Property: When you see the expansiveness of the grounds and house that make up this estate, it’s hard to imagine that the quaint center of the village of Winnetka is only a few blocks away. But its location makes the property…
The Return of the Richelieu
Tucked between two much taller buildings, the eight-story structure at 318 South Michigan Avenue looks like a small child flanked by its parents. In fact, the building is older than either of its neighbors…
Rodkin on How to Deal with Squatters in a Neighbor’s Foreclosed Condo
Readers ask questions, and our real estate expert answers. This week, a reader named Phyllis from the Northwest Side asks what she should do about partying teenagers squatting in a recently-foreclosed condo in her building.
The Summer’s Fourth Condo Sale at $6 Million or More
List Price: $6.95 million
Sale Price: $6.4 million
The Property: An 8,100-square-foot condo on the 47th floor of the Fordham, at 25 East Superior Street, is the fourth downtown condo to have sold for $6 million or more since late June…
A Bargain in Beverly
List Price: $479,000
The Property: On a block in Beverly where no two houses look alike, one of the most intriguing is this Tudor, whose brick pattern sometimes goes a little crazy. That gives the façade a hand-built look, which is helped along by the weeping mortar between the bricks and the occasional stone protruding from the chimney…
Hugh Hefner’s Hutch Sells
The largest of the former Playboy Mansion’s condos goes at a discount
August Deal Estate News: Home Sales and Trends
Sold: A Six-Year Setback LAKE FOREST Initially listed in February 2010 at $3.995 million, this 16-room house with a swimming pool sold in late May for $2.6 million. That’s about 5 percent less than the $2.725 million John and Amy DiTomasso paid for the place six years ago, when it was new. The house has … Read more