On Chicago’s West Side, work has begun on a project that will help stabilize young families. New Moms, Inc., a Chicago not-for-profit that provides counsel and other services to teenage mothers and their children, broke ground last week on an $11.7 million facility that, when completed in mid-2012, will contain 40 apartments with room for 40 adults and 60 children…
Bank had to complete the repossessed Riverside Homes before selling them—below the original asking price
Developer hopes to spur sales with price reductions
On Monday, Frank Galati, the Tony Award–winning Chicago director and actor, and his partner, Peter Amster, who is also a theatre director, sold their condo at 340 on the Park, which overlooks Millennium Park…
List Price: $9.95 million
Sale Price: $7.2 million
The Property: The 4,300-square-foot penthouse atop the Bloomingdale’s building—at Michigan Avenue and Delaware Place—was sold on April 28th for $7.2 million…
List Price: $985,000
The Property: When making their coffee order, some people ask for the drink “with room”—space at the top of the cup for adding cream or sugar. Here’s a 124-year-old greystone in Lake View that comes with room: about 1,000 feet of unfinished walk-up attic space with 12-foot ceilings that could become a master suite or an enormous family room…
As home prices soared in the first years of the 21st century, several of Chicago’s most desirable suburbs saw their African American population decrease, according to new data from the Metropolitan Planning Council. At the same time, the African American population boomed in some of the outer-ring suburbs, where inexpensive subdivision houses were built in large numbers between 2000 and 2010…
PASSING THE BUCK: After the athlete headed for Milwaukee, PrivateBank took a big loss on the house he rented
Kitchenware executive downsizes, but new house still has 13 rooms
List Price: $2.85 million
Sale Price: $2.3 million
The Property: Andy Bluhm, the son of JMB Realty’s Neil Bluhm and an investor in his father’s three casino projects, has sold his contemporary-styled ranch house in Glencoe…
