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
TOP-DOLLAR DEAL: The city’s priciest sale in four years might have gone for more if new
Garrett Kelleher, the head of the development firm behind the now-defunct Chicago Spire, has quietly put his Astor Street mansion on the market. The asking price is $16 million, according to his agent, Janet Murphy of Baird & Warner…
List Price: $2.5 million
Sale Price: $2.5 million
The Property: A 40th-floor penthouse at the 600 North Fairbanks condo tower has sold, but nobody’s moving…
List Price: $739,000
The Property: In March 2010, the developer Sa Schloff bought somebody else’s botched attempt to turn a two-flat into a single-family home. The first floor had been gutted, the second was a mess, and the work needed to make the place habitable would be extensive…
The December 21st sale of a bank-owned 18-room home in Winnetka for $2.375 million wrapped up the four-year saga of a row of four newly built mansions that all went at big discounts. If sold at their original asking prices, the four would have gone for a combined total of $18.49 million; instead, they were sold for 43 percent of that: $8.025 million…
List Price: $1.175 million
Sale Price: $1 million
The Property: Situated on a great block in Lake View, this four-bedroom house was foreclosed in May 2010 and then got a thorough cleanup, including a new kitchen…
List Price: $1,699,000
The Property: The couple who converted this circa 1889 two-flat in Wicker Park into a single-family home were transferred out of the country shortly after the rehab was finished. The home they left behind has a handsome Victorian brick exterior wrapped around a spacious and sunny renovated interior that retains a few nice vintage details…
If your own housing is secure—knock on wood—you may have been watching all these bargain-priced foreclosures from the sidelines, thinking that because you’re not in the market for a new home, you couldn’t take advantage of an appealing investment opportunity. What you may not have known is that there’s a type of IRA that lets you use your retirement funds to buy, rehab, and rent investment property, including foreclosures…
