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.
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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
South Loop Row House a Two-Time Loser
Different owners come up short on sale of Prairie Avenue row house
Architect’s Lincoln Park Mansion Sells at Discount
GOING FOR BAROQUE: 22 rooms, 44 percent off its original asking price
Rockford’s Only Frank Lloyd Wright House Up for Auction
In 1948, Kenneth Laurent, a young man from Rockford who had lost the use of both his legs during his World War II service, wrote to Frank Lloyd Wright to ask if the architect would design a home for him and his bride, Phyllis. The couple had $15,000 to spend from federal and state grants for paralyzed veterans. By 1952, when their new home was completed, they had spent about $31,000 to build the two-bedroom house…
Rodkin on an Apartment Bubble in Chicago
Readers ask questions, and our real estate expert answers. This week, a reader named Sandra from the South Loop asks if we are on the verge of an apartment bubble similar to the condo bubble.