Lakeshore East—20 Best Towns and Neighborhoods in Chicago and the Suburbs

Situated downtown, Lakeshore East (above, in a photo from 2006) is a new community created over the last decade.   Related: PHOTO GALLERY » CHICAGO NEIGHBORHOODS Edison Park » Roscoe Village » Beverly » « Lakeshore East Rockwell Crossing » Lakewood Balmoral » Holstein Park » Bridgeport » Calumet Heights » Marynook » SUBURBS Lake … Read more

Rockwell Crossing—20 Best Towns and Neighborhoods in Chicago and the Suburbs

Related: PHOTO GALLERY » CHICAGO NEIGHBORHOODSEdison Park » Roscoe Village » Beverly » Lakeshore East » « Rockwell Crossing Lakewood Balmoral » Holstein Park » Bridgeport » Calumet Heights » Marynook » SUBURBSLake Bluff » Wilmette » Tinley Park » Oak Park » Glen Ellyn » Western Springs » Orland Park » Glenview » Woodstock » … Read more

Short-Term Condo Rentals—and a Volunteer Rehab in Highland Park

Renting out unsold condos for the short term is an idea that is simultaneously gaining and losing popularity. It’s on the upswing among owners of vacant condos who hope to defray their costs while waiting for an improved real-estate market. HomeAway, an online vacation home rental source, reports that in April, it had 120 listings in Chicago, up 53 percent from a year before. More than half of them are condos, according to Denise Frasier, HomeAway’s spokesperson.

CVS's Prescription for Foreclosure Relief

In a cluster of south suburbs hard hit by the foreclosure crisis, a coalition of towns is working to clean up and stabilize their devastated neighborhoods. Now the CVS pharmacy chain is lending some vital support to that effort by trying to create a pool of potential buyers for homes reclaimed by banks. In late April, CVS announced that it would bring its employer-assisted housing program to the south suburbs…

Perfectly Powhatan

List Price: $499,000
The Property: When she was appointed by President Obama to an ambassadorial post in Rome last year, Ertharin Cousin was reluctant to let go of her Chicago home, a three-bedroom condo she had painstakingly updated in the Powhatan, the Art Deco treasure at 49th Street and South Lake Shore Drive.