List Price: $4.9 million
Sale Price: $4.625 million
The Property: The sellers of this English country home in Winnetka got only 88 percent of the $5.2 million that they had originally asked for the place—but that’s still at least 43 times what their parents had paid for it in 1952…
List Price: $1,499,900
The Property: This 4,300-square-foot condo on the 19th floor of a century-old building on South Michigan Avenue has expansive views of Grant Park, the skyline, and Lake Michigan—but it is laid out with the convenience of suburban ranch house…
Sellers of vintage homes may be at a greater disadvantage now than during a healthy real-estate market. Homebuyers today are getting such great deals on new or recent construction—sometimes at rock-bottom foreclosure prices—that they don’t have to bother with taking on a house that needs some updating just to get a better price…
List Price: $3.618 million
Sale Price: $3.1 million
The Property: A 13-room house built in 2008 by Orren Pickell Designers & Builders as the model home in what was to be an enclave of country mansions in Bannockburn has been sold—but for only 64 percent of what the company had initially asked for it.
ECONOMIC SLOWDOWN PUTS BRAKES ON PLAN: Forty units remain from city’s effort to attract new condo developers
MAKING A MARKDOWN: Distinctive condos, inside and out, are now available at a discount
BEHIND THE FAÇADE: Makeover of gutted building eschewed “vanilla box condos”
» The monthly payment on a median-priced home in the Chicago area in mid-2010 was 35 percent below the payment for that same house five years earlier, according to research by the National Association of Realtors (NAR). Combine a 23 percent drop in home prices with record low mortgage rates, and the average monthly mortgage … Read more
List Price: $4.185 million
The Property: One in a string of three prominent lakefront homes in Winnetka that are often called “the storybook houses” for their fanciful architecture, this Tudor house has a remarkable living room that seems to have sprung more from a stately English country home than a fairy tale…
STILL STANDING TALL: Even as a short sale, opulent house among town’s most costly in 2010
