Rodkin on People Affected by Foreclosures
Readers ask questions, and our real estate expert answers. This week, a reader named James from Buffalo Grove asks why no one he knows has been affected by foreclosure, despite the grim reports.
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Bill Wrigley Sells Three Properties in One Day
Lake Forest
List Price: $6.9 million
Sale Price: $5.6 million
Gold Coast
Sale Price: $6.7 million (for 2 condos)
The Properties: On Thursday, Bill Wrigley closed on the sale of his 16-room lakefront mansion in Lake Forest and on two of the three pieces of his unfinished penthouse space at 65 East Goethe.
Wrigley’s 11,000-square-foot Lake Forest home went up for sale informally in May 2009 priced at $16 million…
Playboy Mansion Condo Features Original 1899 Ballroom
List Price: $5.8 million
The Property: When this Gold Coast mansion belonged to the surgeon George Isham and his wife, Katherine, its palatial ballroom hosted Theodore Roosevelt and Admiral Robert Peary. But past presidents and polar explorers fade in comparison to the home’s most notorious denizen, Hugh Hefner, who lived and played in the house between 1959 and 1974…
Foreclosure Crisis Sparks a Script
Stephanie Walker lost a home to foreclosure, but in the aftermath, she found her voice. She has blogged about it and put out an e-book about it. And on Sunday, a group of actors at Victory Gardens Theater performed a staged reading of American Home, her play about it…
Rodkin on How to Dispute a Property Appraisal
Readers ask questions, and our real estate expert answers. This week, a reader named Elizabeth from River North asks how to go about disputing a low appraisal.
Highland Park’s Highest-Priced Sale in Four Years
List Price: $7.349 million
Sale Price: $5.1 million
The Property: A lakefront house in Highland Park was sold on December 5 for $5.1 million. That’s just 58 percent of the $8.7 million that the seller, Maryclaire Collins, was asking for the home when she first listed it in the fall of 2010…
Water Tower Place Condo Belonged to Former Hollywood Starlet
List Price: $1.75 million
The Property: Outside the windows of this 46th-floor condo at Water Tower Place lie two of Chicago’s great beauties: its architecture and its shoreline. They are a good complement to the beauty that resides inside the condo—as well as to the Hollywood beauty that was its most recent resident…
USG CEO Takes Loss on High-Rise Condo
SCENES FROM A MALL: A 4,000-square-foot condo at Chicago Place sells for 29 percent off its purchase price
Hancock Building Condos, Finished and Unfinished
ROUGH AND READY: One flight apart, two choices for buyers
Cash for Condos in Chicago
LOVE ME (LEGAL) TENDER: 18 condos at 200 North Dearborn close in one month to all-cash buyers