Jameson Realty Revives Sales at Silver Tower
EXORCISING THE GHOSTS: A new realty team helps revive sales at dormant downtown Silver Tower
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PMI Report Offers Hope for Chicago Homeowners
NOT-SO-RISKY-BUSINESS: A report projects a big quarterly drop in the risk of further declines in home values in the Chicago area.
Dick Phelan Pulls Up Stakes in Chicago
List Price: $2.4 million
Sale Price: $2.275 million
The Property: The lawyer and politician Richard J. Phelan and his wife, Barbara, sold their 21st-floor condo at 840 North Lake Shore Drive on June 28th.
From Farmhouse to Refurbished Mansion in Glencoe
List Price: $7.5 million
The Property: Poised atop the lakeside bluff in Glencoe, this 18-room mansion has lots of rich, carefully restored period detail mingled with well-handled modernizations. A disused dumbwaiter shaft, for example, now holds the thicket of cables…
Conneely Group Hopes Countryside Condo Rentals Buy Time
ON THE CLOCK: Developer hopes rental strategy buys more time
An Uptown Gem, Restored and For Rent
Ninety years after it opened as one Chicago’s most lavish apartment hotels, the Sheridan Plaza, at Sheridan Road and Wilson Avenue, is getting back its Jazz Age luster…
Mrs. McCormick’s Lake Forest Teahouse
List Price: $1.5 million
Sale Price: $1.05 million
The Property: Nestled into the trees at the edge of a ravine in east Lake Forest, this tile-roofed teahouse is a remnant of Walden, the 80-acre lakefront estate of Cyrus H. McCormick II. Built in the 1920s, it was converted to a house in the 1950s…
A Stone Manor in Lake Forest
List Price: $3.25 million
The Property: Bret and Ursula Boyd drew on their European travels and Ursula’s Slovenian heritage when they built this 19-room house for themselves in Lake Forest in 2003…
Before and After in the South Suburbs
Jim McClelland, the CEO of the Tinley Park–based Mack Industries, is helping some hard-hit south suburbs recover from the foreclosure crisis by creating some well-equipped and well-managed rental housing for residents of those towns. A longtime builder, McClelland began the project about five years ago…
Magellan's James Loewenberg on Aqua and Surviving the Downturn
Jeff Bailey, a veteran business reporter who writes Chicago magazine’s “What I Was Thinking” column, interviews James R. Loewenberg, the co-CEO of Magellan Development Group and the president of Loewenberg Architects…