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…
Linda Johnson Rice, the chairman of Johnson Publishing, closed yesterday on the sale of her ten-room condo at the Carlyle. The sale price was $2,255,815—77 percent of the $2.9 million Rice was asking when she first listed the condo for sale in April 2010…
List Price: $2.25 million
The Property: If you had designed a home in the late 1880s knowing how families would live in 2011, you might have come up with today’s residence: imposing on the outside—all that rough-cut limestone and a pair of turrets—but warm and casual on the inside…
A five-story building at 2609 West Belmont Avenue that has stood unfinished and exposed to the elements for about three years is on its way to getting a restart later this spring. Lewis Korompilas, the head of the Northbrook-based Premium Builders, said that he will close on his purchase of the former North River Court project from Village Bank & Trust in Arlington Heights at a price that he will only specify as “under $3 million.” He expected the deal to close around June 1st…
List Price: $1,849,900
Sale Price: $1,575,000
The Property: Five years ago, this 7,000-square-foot townhouse in a former industrial section of Chicago’s River North neighborhood sold for $3 million…
List Price: $1.048 million
The Property: From its green tile roof to the frieze over the front windows and entry, this Oak Park house offers a classic welcome. Its Mediterranean exterior speaks of the 1930s, but inside, where the grace of that era is still intact in the large rooms, walnut doors, and vintage features, the home has been entirely updated in the past eight years—that is, since the interior designer Amy Calain moved in…
Separate bills working their way through the Illinois House and Senate contradict one another on a central point. One says distressed properties in a surrounding neighborhood should be considered in an evaluation of a home’s value; the other says that information is not relevant…
