When voting April 5th on local tax referendums, voters in ten Cook County communities may get the impression that any increase on their property-tax bills will be only about a third of the actual increase…
List Price: $1.699 million
Sale Price: $1.606 million
The Property: In 1891, just three years after founding the company that would grow into the pharmaceutical giant Abbott Labs, Wallace Abbott built this 15-room house in what was then the Chicago suburb Ravenwsood…
List Price: $799,000
The Property: Although the North Shore has many grandly scaled chateaux, this Highland Park home demonstrates that grandeur can come in medium-size packages, too. All the architectural detail and lavish finishes of some of the area’s finer residences are tucked into an eight-room house designed to feel like a centuries-old home in France’s Brittany region…
A report last week from CoreLogic showed that 25.4 percent of Chicago-area homeowners with a mortgage are now underwater—they owe more on the mortgage than the house is worth—and another 5.3 percent are near that point. There’s no way of knowing how many of those people will have to sell their homes this year, but if you’re at or near the short-sale line, the first thing to do is pull your head out of the sand…
CAN YOU SEE ME NOW?: Remaining condos at SoNo, all on lower floors, still have good views
THE SILENT MAJORITY: Heavy-duty insulation captures the sound of one pin dropping
WHERE PIGS RAN FREE: Mired in foreclosure, the estate of Estelle Walgreen sells for about 58 percent of the $3.3 million she paid in 2006.
THE NAME GAME: New developer gives rechristened building price cuts and upgrades
OUTSIDE LOOKING IN: Residence with stylish interiors goes under contract after only six weeks.
The most recent Case-Shiller Home Price Index, which tracks residential real estate in the country’s major metropolitan areas, shows that, by one measure, the housing collapse hit Chicago harder than many other cities. Over the past four years (from November 2006 to November 2010, the latest date for which information was available), prices here dropped … Read more
