Housing Bulletin: Dreaming Big near Winnetka

Earlier this month, Vince Gerasole  of CBS2 Chicago reported that a Ronda Fish of Sudler Sotheby. The house is being marketed as a private listing, which means it’s not included among properties at Midwest Real Estate Data. The sellers are Sherwin and Deborah Jarol; Sherwin is the managing partner of Bradley Associates, a Chicago commercial … Read more

Sale of the Week: Moskow’s Retreat — Winnetka

List Price: $2.195 million
Sale Price: $1.8 million
The Property: This handsome Georgian with 14 rooms stands on a lush two thirds of an acre on Sheridan Road in Winnetka. Michael Moskow, who was the president and CEO of the Federal Reserve Bank of Chicago until retiring in 2007, owned the house for 32 years before selling it…

On the Market: All That Jazz — Lake View

List Price: $849,000
The Property: I felt an urge to ring for the butler and have him fetch my tuxedo as I toured this elegant four-bedroom home in a 1926 co-op building near Belmont Harbor. The expansive floor plan takes you back to the glamour of the Jazz Age, and a recent renovation updated the home’s mechanicals while polishing up its vintage…

Sale of the Week: A Tale of Four Houses—North Shore

List Price: $1.9 million
Sale Price: $1 million
The Property: Today’s house, situated in an unincorporated area near Winnetka, once carried a price tag of $5.1 million. But that price was for a finished home—and not only was this house never finished, but the company that built it ended up handing the home back to its lender, Mutual Bank, last October. On May 26th, the bank…

On the Market: Heart of Glass, Old Town

It must be nice to have an architect like Rodrigo del Canto for a father. When his two daughters were young, del Canto built them a rooftop pool above the garage of the family’s Lincoln Park home. A few years ago, designing a new home in Old Town for himself and the two girls—teenagers by…

Housing Bulletin: Helping Buyers Sell—and Is There a Doctor with a House?

In the good old days (that is, a couple of years ago), buyers of new homes still under construction had a period of at least several months in which to sell their older home while waiting for the new one to be finished. But now, with a lot of new residential inventory standing ready to go, Jeff Benach, a builder, has found that most potential buyers show up at…

Sale of the Week: Foreclosure on the 50th Floor, Gold Coast

List Price: $1,150,000
Sale Price: $1,185,000
The Property: In what appears to be the city’s loftiest foreclosure so far, a five-room condo on the 50th floor of the Park Tower, the 70-story hotel and residential high-rise immediately west of Chicago’s historic Water Tower, was sold on May 28th. Although there were five bidders—all offering to pay up…

Sale of the Week: Sink or Swim in Bridgeport

List Price: $1,000,000
Sale Price: $910,000
The Property: Situated on a double lot and with an in-ground pool, this new brick house is one of at least three homes with those same specifications in Bridgeport. Of the three houses, only one—the house featured today—has been sold; the other two are still for sale, and one of them has a sign on the front that says it is now in the hands of a bank. All three residences were built by the developer…