Readers ask questions, and our real estate expert answers. This week, a reader named Danny from Portage Park asks if it’s a good idea to continue making improvements on their home for when he and his wife want to sell it a few years, even though it has been decreasing in value.
List Price: $875,000
Sale Price: $840,000
The Property: “Northbrook is a subdivision town,” says Nancy Gibson. “Almost everything is boxes…
List Price: $1.85 million
The Property: Although it’s now jammed with strollers and baby boutiques, west Lincoln Park wasn’t nearly as family-friendly 20 years ago, when Jonathan Peabody and Lindsey Stewart decided they didn’t want to move to the suburbs to raise their kids…
A 14,000-square-foot penthouse atop the Trump International Hotel and Tower snagged lots of media coverage last week for being the loftiest home in the western hemisphere and, at $32 million, Chicago’s highest-priced home. But will it sell for that much?…
Readers ask questions, and our real estate expert answers. This week, a reader named Paul asks if he and his new wife—who walked away from a house a few years ago—can buy a house even though her credit is damaged.
List Price: $1.45 million
Sale Price: $1.15 million
The Property: This Lake Forest house, a dark glass pavilion done in the “less is more” style of Ludwig Mies van der Rohe, sold in July 2007 for $3.8 million…
List Price: $4.5 million
The Property: In Lincoln Park, where residences from yesterday and today freely mingle, today’s property is clearly new. But it doesn’t shriek 2012. Instead, its looks as if it might date to an earlier era…
THE RICHE NICHE: A fifth-floor three-bedroom on East Lake Shore is marked down by more than one-fourth
HORSE TRADING: The NFL team’s vice chair and her husband almost break even on the house bought from her father, Jim Irsay
SHIP TO SHORE: The 95-year-old lakefront mansion goes for 27 percent of its original asking price
