List Price: $2.595 million
The Property: Designed by the architect Benjamin Marshall and completed in 1912, the brick and limestone confection that is 999 North Lake Shore Drive set the tone for what would become one of Chicago’s most elegant neighborhoods: East Lake Shore Drive…
List Price: $2.85 million
Sale Price: $2.55 million
The Property: Four 1980s townhouses in Lincoln Park have been sold to a developer that hopes to build a single megamansion on the site…
A STRANGE BREW: Suggested once as a residence for Chicago’s mayors, the home is on the market for $9.5 million
Readers ask questions, and our real estate expert answers. This week, a reader named Barry asks for advice on the potential liability to repay the difference between the short-sale proceeds and mortgage balance due.
These are scary times in real estate, with the ghosts of our homes’ lost value spreading gloom. But a few houses around Chicago are rumored to be truly haunted. Here’s a look at four of them, only one of which is still a residence…
List Price: $525,000
The Property: Set in a small tower atop a five-story loft building in Armour Square, this three-story loft sits among some of the Near South Side’s most interesting neighborhoods. The dining, shopping, and culture of Chinatown, Pilsen, and Bridgeport are all in easy reach—and they can all be seen from the loft’s four different balconies…
Late this summer, when Drew Walker and his wife, Jill, got the latest installment of the bill for their 2011 property taxes, they noticed that the assessment on their house had gone up 17 percent from the year before. “I don’t get it,” says Walker, the afternoon host at US99. “My home’s value has done nothing but nose-dive since ’07…”
Readers ask questions, and our real estate expert answers. This week, Bob from Winnetka asks whether or not he got a deal on his home, which he bought without an agent.
List Price: $3.95 million
Sale Price: $3.19 million
The Property: Frank Calabrese, a longtime owner of thoroughbred horses with impressive records at Arlington Park and in Florida, has sold his custom-built 15-room house in Park Ridge for $3.192 million. According to Midwest Real Estate Data, that’s the highest sale price on record for that northwest suburb—and Calabrese’s agent, Danny McGovern, says that the buyers paid cash…
Dennis Rodkin visited the set of Windy City Live to discuss the current housing market.
