A Sophisticated Gold Coast Condo

List Price: $3.3 million
The Property: In Chicago’s toddlin’ times, an era when train travel was the height of elegance, the Ambassador East and Ambassador West hotels were regular stops for movie stars, politicians, and society’s elite. Even Alfred Hitchcock’s 1959 cross-country classic, North by Northwest, included a stop at the Ambassador East…

Life in the Slow Lane: Get Used To It

A new federal report has provided yet another sign that Chicago’s housing market is in the slow lane on the road to recovery. The report, issued last week with the government’s monthly housing scorecard, noted that, during the past year, the area saw a 1.5 percent increase in the number of homes at risk of foreclosure, rising from 125,400 homes in January 2011 to 127,300 homes in January 2012…

Federal Vouchers Will Help 100 Homeless Cook County Veterans

About six months from now, 100 homeless military veterans in Cook County will have a place to live, thanks to a $760,872 grant from the U.S. Department of Housing and Urban Development. Those 100 vets represent a 55 percent increase in the number of Cook County veterans helped into housing through HUD’s Veterans Affairs Supportive Housing program (VASH)…