A little over three years after they downsized from a house in Elmhurst to a condo in Itasca, Phil and Connie Mangano are getting ready to move to another new condo—without spending a dollar. With just seven of 70 condos sold at Two Itasca Place, its developer, Don Morris, is converting the building into apartments and moving the Manganos and other buyers there into nearly identical condos next door at One Itasca Place…
Readers ask questions, and our real estate expert answers. This week, a reader named Tom from the West Loop asks why a seller would ignore a reasonable offer from a potential homebuyer.
In the past month, four multimillion-dollar homes on the North Shore lakefront have been sold—more than were sold in any single month in 2011. The quartet ranged in price from $2.325 million to $7.5 million, and they all shared views out over Lake Michigan…
List Price: $2.495 million
The Property: During its heyday in the late 19th and early 20th centuries, the Northwestern Terra Cotta Company made Chicago the capital of architectural ornamentation. The company’s officers weren’t shy about using their products on their homes on Terra Cotta Row, a cluster of four homes on the 1000 block of West Oakdale in Lake View…
After being on sale informally for a couple of weeks, a treasured Frank Lloyd Wright design in Hyde Park, the Isidore H. Heller House, officially hits the market today. Completed in 1897, the residence signaled Wright’s turn away from the richly ornamented style of his boss, Louis Sullivan…
Readers ask questions, and our real estate expert answers. This week, a reader named Jennifer from Hyde Park asks about homebuyers who pay in cash.
List Price: $898,000
Sale Price: $800,000
The Property: The theatrical façade of this 12-room house in the East Highlands neighborhood of Naperville reminds me of the Alamo—or what that Texas landmark might look like if renovated into a single-family home…
An unfinished 15,000-square-foot home goes for less than the cost of the site
Developer’s improvements assist him and current condo owners
Two investors recast a boom-years ploy for today’s down market
