In its October issue, on newsstands tomorrow, Chicago presents its annual real-estate charts, which look at home prices in nearly 300 neighborhoods and towns. To no one’s surprise, prices remain down—way down—but other data on the charts also point to weaknesses in the local market…
List Price: $3.2 million
Sale Price: $2.25 million
The Property: First listed in 2007 for $6.5 million, this once-grand mansion on five acres in central Lake Forest sold on September 7 for $2.25 million—just 34 percent of the original asking price. Built in 1914, its architect was Arthur Heun, who designed many of the premier mansions in Chicago and Lake Forest…
List Price: $2.679 million
The Property: It’s like a huge terrarium for humans, this 31-year-old home tucked away in a densely wooded part of Riverwoods. Two-story glass walls mark the boundary between indoors and out, though there is not much distinction between the two realms, with a gigantic rubber tree growing indoors and such outdoor denizens as deer and squirrels frequently wandering up to the windows…
The Clarke House, the oldest house in Chicago, prepares to celebrate its 175th year—it’s just slightly older than the city itself. But the Noble-Seymour-Crippen House in Norwood Park is actually the oldest house in Chicago… unless it isn’t.
In September 1991, the renaissance in affluent city living hadn’t yet picked up the momentum it would have a decade later, when a boom in condo- and mansion-building transformed large swaths of Chicago. That’s why one developer made the strategic decision to cut up a pair of derelict Gold Coast mansions into four residences…
When Art Frigo bought a languishing Chicago mop company in 1987, he’d had no experience with household products. Now the firm, M. B. Walton, has a bucketload of successful new goods, including a fancy broom called the Performer that Frigo shepherded onto the market. In 1989 Frigo jumped into another field where he’d never played—real … Read more
List Price: $5.75 million
Sale Price: $5.78 million
List Price: $4.75 million
Sale Price: $4.154 million
The Properties: A 13-room mansion on an extra-large lot on North State Parkway sold August 23 for a little more than its asking price—and for nearly eight times what its sellers had paid for the place in 1994…
Downtown dwellers opt to lease at the Aqua, EnV, and other luxury buildings
List Price: $3.25 million
The Property: With Belmont Harbor at one end and the shopping and dining options of Broadway at the other, the block-long Hawthorne Place is one of Lake View’s great urban streets. But it also feels quite suburban, with big homes built on extra-large lots, mostly in the 1890s and the early 20th century…
Brent Sopel, a defenseman for the Blackhawks in their 2009–10 Stanley Cup championship season, is putting his Hinsdale home on the market today. In late July, after stints with the Atlanta Thrashers and the Montreal Canadiens, Sopel signed a two-year contract with Metallurg Novokuznetsk, a team in Russia’s Kontinental Hockey League…
