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…
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…
List Price: $1.5 million
Sale Price: $1.25 million
The Property: Two years ago, this 13-room house in Western Springs seemed like a good fit for the former college football coach Gerry DiNardo, who was moving with his family from southern Indiana to Chicago…
List Price: $2.9 million
The Property: It’s a safe bet that when tourists on buses ogle the mansion at 1340 North State Parkway, they are more interested in the mansion’s swinging years as the Playboy Mansion rather than in the sumptuous Beaux Arts details of the century-old façade designed by James Gamble Rogers or the secluded formal garden on the building’s south end…
An open house is scheduled for Sunday, June 27th, at the Lake Forest home of Sharon Vaughn, the mother of the movie star Vince Vaughn. Priced at $2.395 million, the five-bedroom, six-bathroom house has about 6,000 square feet of living space and stands on a two-acre site that overlooks the Lake Forest Open Lands Association’s Mellody Farm Nature Preserve…
List Price: $1,269,000
Sale Price: $1,275,000
The Property: A Wilmette home that the commodities trader Jay Nolan forfeited to the U.S. government last December has been sold.
Sellers of homes typically tout a location’s best qualities: its excellent schools, quaint shopping areas, or easy access to major commuting routes. But the owner of one southern Wisconsin property opted to extol a very unusual advantage of his location—buy there and you can get away from the corrupt politicians of Illinois…
List Price: $2,800,000
Sale Price: $3,216,098
The Property: Situated south of the Chicago River and west of Lake Shore Drive, downtown’s Lakeshore East is best known as a neighborhood of dramatic new high-rise towers, including Aqua and 340 on the Park. But in its southeast corner…
GOLD COAST FROM $2,871,000 TO $3,495,900 There are almost no windows on the north wall of the condos at 50 East Chestnut—but the glassy south-facing expanse that stretches across the full 80-foot width of each condo more than compensates. “Everyone here gets 270-degree views,” says Ellen Nemirow, the agent representing the building for Jameson, the real-estate … Read more
EARLY BUYERS GET THE DEAL: Developer sweetens its previous price cuts with a $3,000 discount for each of the first three sales
