A Fixed-Up Foreclosure Sells Fast in Lincoln Park

List Price: $1.674 million
Sale Price: $1.55 million
The Property: Formerly a three-flat, this 116-year-old building in Lincoln Park was being converted into a single-family home when its owner defaulted on a $2.6-million mortgage. But unlike most sellers of foreclosures, the entity that put this one back on the market (not the original lender) didn’t leave it in its junked condition but put it back into livable shape…

From the 41st Floor, a Columbian Exhibition

List Price: $1.899 million
The Property: The view of the Museum Campus and the lakefront from unit 4101 of The Columbian is magnificent. Although the 46-story condo tower in the southwest corner of Grant Park was completed in 2008, this unit is one of three penthouses on the 41st floor that the developers put on the market this past summer—but as the one that occupies the full east side of the floor, it offers the most enticing vistas…

Midwesterner Homebuyers Slow to Get Federal Tax Credit

The National Association of Realtors (NAR) reported in June that only about 27 percent of homebuyers in 2009 who were eligible for the $8,000 federal tax credit had filed claims by late February (the most recent data available). At 25.9 percent, the Midwest was slightly below the national average, but Danielle Hale, an NAR research economist, … Read more

An Early Wright Revamp in Oak Park

List Price: $1.195 million
Sale Price: $1.050 million
The Property: Renovated by Frank Lloyd Wright early in his career, this 17-room Oak Park house had been on and off the market for more than two years before finally selling at about 61 percent of its original asking price…