Condo Prices Fall on Lemont Condos
Developer tugs down cost of Lemont properties near historic channel
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Overbuilt West Loop Condo Bargains
Belgravia buys project’s foreclosed condos, then passes along savings
A Real Steel of a Hinsdale Home
Solid structural underpinnings lift house that sold at a lowered price
Two Thumbs Up for Thea Flaum’s Presale Renovation
List Price: $1.199 million
Sale Price: $1.149 million
The Property: Thea Flaum, the original producer of Gene Siskel and Roger Ebert’s TV movie-review show, was having trouble selling her Old Town condo…
Lake Forest’s House (and Garden) of the Four Winds
List Price:$5.995 million
The Property: Now, in high summer, is the time when we most want our homes and gardens to mesh together as one enlarged living space. In Lake Forest, the architect Howard Van Doren Shaw executed that idea splendidly in a country estate he designed in 1909 for Hugh and Mary McBirney…
Pharma Family Sells Searle Estate
The druggist’s digs come with the original icebox
In Libertyville, SchoolStreet Is in Session
A little more than a year ago, the developer John McLinden announced plans for SchoolStreet, a collection of traditional-looking homes—think big front porches—on the site of an unfinished condo development near the shopping district in Libertyville…
Chicago’s Loftiest Foreclosure—and Possibly the World’s
List Price: $1,750,000
Sale Price: $950,000
The Property: When a 2,900-square-foot condo on the 83rd floor at the John Hancock Center sold June 22, it became Chicago’s loftiest foreclosure—and very likely, the world’s…
The Good Neighbor in Bucktown
List Price: $1.595 million
The Property: When Stacy Nigrelli and Ronald Berlind were building their home in Bucktown in the early 1990s, the neighborhood wasn’t yet a major hot spot, and the couple consciously tried to make their place fit in among the old-timers on the block…
Legislators, Realtors Oppose Down-Payment Proposal
Members of Congress, real-estate associations, and some civil-rights groups are pushing back against a plan from federal regulators that would mandate a 20 percent down payment from many would-be homeowners. The groups are headed toward an August 1 deadline for comment on a proposal that would create a so-called qualified residential mortgage (QRM), which would require homeowners to have a one-fifth equity stake in their residence—an investment (the thinking goes) that might make them less willing to give up the home in tough financial times…