Rickety Rich
After a strong start, high-priced home sales slow significantly in Chicago and the suburbs
Ad Categories: Real Estate
A (Pabst) Blue-Ribbon Sale — Glencoe
List Price: $7.95 million
Sale Price: $5.2 million
The Property: The software entrepreneur Marc Ewing and his wife, Lisa Lee, last week sold their 26-room Sheridan Road mansion in Glencoe for just three-quarters of the price that they had paid for the gated estate nine years earlier.
River View in River North
List Price: $1.499 million
The Property: It’s a view property, but what you see from this two-story townhouse at the base of a River North condo tower isn’t the usual grand sweep of skyline or lake. Instead, you get a human-scale view of a quieter stretch of the Chicago River and tranquil Erie Park, with the handsome old
The Housing Decline’s Green Lining
Among the many losses resulting from the recent real-estate downturn, John Wasik’s may be unique: he lost the premise of his latest book. Near the tail end of the housing boom, Wasik—a personal finance columnist for Bloomberg News and the author of a dozen books—was working on a book arguing that…
Foreclosed, Fixed, and Sold — Roscoe Village
List Price: $919,000
Sale Price: $916,000
The Property: At a time when Chicago appears to have the nation’s biggest logjam of unsold homes—enough to supply 19 months worth of sales, according to a recent Wall Street Journal survey of 28 major metro areas—a savvy investor has done his part to advance the…
Eyeing a Bucktown Penthouse
List Price: $1,175,000
The Property: This two-level penthouse unit is at Aspen 6, a Bucktown building. Its distinguishing feature (not visible from the street) is an enclosed second-story courtyard, shaped approximately like an eye, that all the condos look into.
Auctions Bid for Attention
The auctions of a couple of big-ticket properties—the old main post office and a Burr Ridge mansion—have been getting lots of press lately, but there are many other, less pricey properties up for auction in Chicago and the suburbs. By my count, auction houses will…
Standing Tall
Former Ward’s headquarters gets a stylish upgrade
Jim McMahon Sells His Northbrook Home
List Price: N/A
Sale Price: $2.85 million
The Property: Jim McMahon, the quarterback who led the Chicago Bears to victory in Super Bowl XX, has quietly sold his Northbrook home of more than 20 years to a neighbor. McMahon and his wife, Nancy, raised their four kids in the house; the youngest, Zach, was a senior at Glenbrook North High School last year.
Former CBS2 Reporter Faces Lincoln Park Foreclosure
List Price: $1.2 million
The Property: This foreclosed house is different from most—and not just because of the distinctly 1980s look of the geometrical stucco panels on the exterior or the pipe handrails and cutout fireplace inside. The other difference is…