List Price: $1.23 million
The Property: This 112-year-old home in Wheaton once served as a golf getaway for the Chicago engineer Charles Strobel, a pioneer in the development of the steel-frame skyscraper. Jarvis Hunt, who designed the house for Strobel and his first wife, Henrietta, was also the architect of the clubhouse at the nearby Chicago Golf Club, where Strobel was a founding member.
Straight talk from the hearth lights fire under developers
A builder’s changed plans yield three modern condos with underground parking
EDGEWATER FROM $210,000 TO $290,000 If a multicolored 11-story building in Edgewater isn’t enough to grab your attention, maybe the steep price cuts will do the trick. With 10 (of 126) units left to sell at Catalpa Gardens, its developer has slashed condo prices, with reductions from $50,000 to $200,000. “Per square foot, [condos are selling for] … Read more
Housing downturn means today’s shoppers pay less for bigger homes and lots
In the wake of the bust that followed the glory days of the condo boom, a number of projects ground to a halt. One of the most striking is this unfinished structure at 2609 West Belmont Avenue, where gaping windows, rusting steel, and scattered construction materials give the impression of a six-story-tall ghost town.
List Price: $5.7 million
Sale Price: $4 million
The Property: This contemporary home, designed to accommodate an art collection, was on the market for more than three years before finally selling on February 12th. The new owners, it turns out, are also art collectors and had been looking for a showcase for their own growing collection. What’s more, the new…
List Price: $2.495 million
The Property: Just about all that remains of this 115-year-old graystone is its rusticated stone façade. From there back—and from there up—the developer Jody Libman and his company, Trianon, have crafted an entirely new, though historically sensitive home. “You can’t build something that looks like this anymore,” Libman says. “Look how it
The former Chicago Bears wide receiver Tom Waddle, now a sports anchor at Fox Chicago, ESPN 1000, and other media, bought a new 12-room house in an estate section of Lake Forest on February 12th. The $3.25 million that Waddle and his wife, Cara, paid was just 48 percent of the $6.7 million that the home’s builder, Lynch Construction, initially asked for the place in October 2008.
List Price: $949,000
Sale Price: $857,500
The Property: The Park Ridge family who bought this new house that had stood unsold for nearly three years got the place for about half of what the builder had originally wanted. “There’s a lot that the builder put in that I don’t think he would have done if he’d known he would sell in the…
