NORTH MICHIGAN AVENUE LIST PRICE: $4.4 million SALE PRICE: $4.1 million The October sale of a condominium in the Park Tower eclipsed any prices in that building going back two years, before the onset of the real-estate decline. “We were only on the market for three and a half months, which is good [these days], and we got 93.7 … Read more
List Price: $1.95 million
The Property: A cocktail of genres, this house has a harsh 1970s exterior, an interior rich in Victorian ornamentation, and an atrium that could have been borrowed from a Spanish-style home. And while distinctly urban, the place has a big yard worthy of a residence in the suburbs.
The new 50-story apartment building opening tomorrow at 215 West Washington Street is only the second rental residential high-rise built in the Loop. The first, 200 North Dearborn, was completed in 1989 and later…
List Price: N/A
Sale Price: $6,884,500
The Property: James J. McNulty, the former CEO of the Chicago Mercantile Exchange, has bought the entire 37th floor of the Elysian, the new 60-story hotel-and-condos tower, designed by Lucien Lagrange, at 11 East Walton Street. This is the highest…
List Price: $7.95 million
The Property: When I first visited this Lake Forest house (in 2002, when it was only a year old), I could hardly take my eyes off the living room ceiling, a soaring masterpiece of beams, arches, and planking, all crafted from trees from the same Wisconsin grove. Recently I made a…
Last Wednesday on WGN Radio, John Williams and I were talking about “strategic defaults.” That’s the current term for the situation where people walk away from their mortgaged home, figuring that its value has dropped so far that they will never make anything on it. Williams and I both opposed the practice. Here is how some other people feel.
List Price: $1.98 million
Sale Price: $2 million
The Property: A Winnetka mansion that went into foreclosure when its owner, a developer of Chicago condos, reportedly left the country as his business went belly up, is back in the hands of its original builders, who are sprucing it up before putting it…
The tightly organized geometry of the façade of this house in Ukrainian Village tells everything you might want to know about the interior. With an exterior like that, the inside is going to have to be light, crisp, and artfully laid out. And it is…
The beneficiaries of the condo bust now include apartment-hunters in West Rogers Park. Apartments in a classic Chicago building—a massive edifice of salmon-colored brick and limestone on the corner of Morse and Oakley avenues—that was being converted to condos in the waning days…
List Price: $1,050,000
Sale Price: $975,000
The Property: One of five Prairie-style townhouses on a corner in Hyde Park, this home originally belonged to Robert A. Millikan, a University of Chicago physicist who won the Nobel Prize for his work on electrons and on the photoelectric effect.
