Chicago’s Latino Policy Forum has discerned a painful irony: Latino neighborhoods and suburbs have a heavy concentration of both over-crowded housing units and empty foreclosures. “We have these two phenomena happening concurrently,” said Juliana Gonzalez-Crussi, the forum’s policy and housing analyst, when we talked on Monday…
Readers ask questions, and our real estate expert answers. This week, a reader named Beth from Streeterville asks what clues signal that the real estate market in her town or neighborhood has hit bottom.
List Price: $1.199 million
Sale Price: $1.115 million
The Property: On February 9, the last of 20 condos at 30 West Erie was sold, more than five years after construction and sales began…
List Price (8th floor): $375,000
List Price (7th floor): $300,000
The Properties: Even among the many stately dowagers that surround it, 3314 North Lake Shore Drive stands out with its Beaux Arts façade, which features paired columns of bay windows that capture views out over Belmont Harbor…
The Tinley Park mansion that the former NBA star Antoine Walker lost in foreclosure when he declared bankruptcy in 2010 was left in sorry condition. Water stood waist-deep in the basement, murky goo filled the indoor pool, and at least 32 light fixtures were gone. But Jim McClelland Jr. and Eric Workman saw an opportunity…
Readers ask questions, and our real estate expert answers. This week, a reader named Alex from the Northwest suburbs asks if the costs of building a new home are comparable to buying a five-year-old home.
List Price: $1.175 million
Sale Price: $1.2 million
The Property: In 2010, this quirky house built on three lots in Uptown in 1978 was on the verge of getting the interior updating it badly needed…
INSIDER’S GUIDE: A beloved music venue’s expansion is one reason to revisit this North Side neighborhood. We’ve got 13 more
List Price: $1,574,900
The Property: Just off the thriving Armitage Avenue shopping strip, on a Lincoln Park street filled with homes from different eras, stands a house that watched them all arrive. Built in 1861 as the farmhouse for a truck farm that delivered its produce into Chicago, the house still has several of its original elements…
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…
