Marshall Marcovitz Sells Old Town Home at $200K Loss
NEW NO MORE: Home’s outmoded décor may have led to loss on recent sale
Ad Categories: Real Estate
Positive Signs for Some Relocated CHA Residents
When the Chicago Housing Authority (CHA) started moving residents out of two South Side developments nine years ago, Susan Popkin, a public-housing expert at the Urban Institute, worried that it wouldn’t turn out well for the folks who got relocated. “I had a lot of concerns that these people would not manage,” she says, “that it was really going to [harm] them.” But last week, Popkin and some colleagues…
What $1 Million Buys Now—Suburban Edition
The Properties: Three suburban houses have each sold for exactly $1 million in the month since I reported what $1 million buys in the city. Let’s take a look at what suburban homebuyers are getting for that benchmark price right now…
An Alpine Home in Wheaton
List Price: $1.69 million
The Property: The rustic style of the exterior and main interior rooms of this Wheaton home are a tribute to the Vermont skiing club where Ed Morgan, who built the house with his wife, Sally, skied back in the 1950s…
Zillow Maps the Downhill Run—and the Civic Federation Finds a Silver Lining
On Monday, Zillow, the online realty information service, released its report on changes in real-estate values during the second quarter of 2010. It showed that nationwide, home values were down 0.6 percent from the prior quarter and 3.2 percent from the year before. The Chicago area did better than the national average on one measure: prices were up here by 1.6 percent from the winter quarter…
A Bargain Near Maxwell Street
List Price: $836,900
Sale Price: $801,000
The Property: This 14-room house was sold new four years ago for $1.207 million, and then sold again last week as a foreclosure for $801,000—or 33 percent off the 2006 price…
Lake Forest Estate is 99 Years New
List Price: $8.499 million
The Property: A grand estate built in 1911 but allowed to run down in later years, this stately brick mansion has been brought back to its exquisite origins—but with modern conveniences…
Renters Snap Up Obamas' Former Condo
A four-bedroom condo that was home to Barack and Michelle Obama from 1993 to 2005 was supposed to go on the rental market this week after having some painting done—but a pair of renters grabbed it over the weekend. The first-floor condo is in Eastview Park, a gated block-long cluster of brick and limestone six-flats that run south from 53rd Street and face the lakefront park and Lake Shore Drive…
Calamos Investment President Sells at a Loss in St. Charles
List Price: $2.5 million
Sale Price: $2.4 million
The Property: Nick Calamos, president of investments at Calamos Investment Management, a Naperville firm with $29.9 billion in assets under its control, last week sold a 21-room pondside home in St. Charles…
Hiding in Plain Sight, in Kenwood
List Price: $1.95 million
The Property: On a Kenwood block of very substantial historical homes is one relative youngster that, on the street side at least, tries to fade from view. Three decades ago, the architect James Nagle, designed the house…