Three’s Company
Jaunty tower is final piece of RDM’s Trio development
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Reign Check
Royal Corner condos replace old motel at site fit for a king
Senior Circuit
Embattled Lake Shore Athletic Club reborn as retirement home
On the Market: Letting Go in Chicago’s St. Ben’s Neighborhood
List Price: $1.25 million
The Property: A collaborative effort between the architect Nate Kipnis and a pair of clients dissatisfied with the houses they had seen on the market, this three-bedroom home has an abundance of environmentally friendly features and a distinctly family-style floor plan. The house, which has a green roof, thickly insulated walls and windows, and a layout that maximizes natural ventilation and daylight, was completed this past June in the Northwest Side neighborhood that is alternately known as St. Ben’s and Bell School District. But even before they moved in…
Housing Bulletin: Auction Bargains and a New Web Site
In this season of extreme markdowns, everybody is offering closeout prices—including the developers of two South Side real-estate projects. The McKinley Park Lofts and Jazz on the Boulevard, a condo and townhouse complex in Bronzeville, have both seen sales slow down dramatically, so the last blocks of units are going up for auction next week….
Sale of the Week: Home, Home on Lagrange—River North
List Price: $1.499 million
Sale Price: $1.3 million
The Property: This three-bedroom condo is on two upper floors of Erie on the Park, an ultramodern steel and glass structure at 510 West Erie Street. The 24-story building is one of two condo high-rises (along with Kingsbury on the Park) designed by the…
Housing Bulletin: Our Second-Annual Turkey Roundup
Although it’s been a painful year in the real-estate market, there has been some news this week to make us all thankful: the announcement that the mortgage giants Freddie Mac and Fannie Mae will not pursue any more foreclosures until January 2009, and the Federal Reserve’s plan, unveiled Tuesday morning, to buy up to $600 billion in mortgage-backed assets to help stabilize the economy and the housing sector.
Even so, we have a tradition here at Deal Estate—dating all the way back to last year—of serving up a platter of turkeys…
Sale of the Week: A Kenilworth Sale at an Eight-Year-Old Price
List Price: $3.395 million
Sale Price: $2.2 million
The Property: Its multiply-divided windows, steeply pitched roofs, and English-countryside casualness evoke many of the decades-old mansions in eastern Kenilworth, but in fact this house is just eight years old and on the younger (west) side of town. The 12-room brick and…
Basket Case
Former Bulls coach endures yet another loss with sale of home
On the Market: In Lake View, a Brewster Building Condo
List Price: $265,000
The Property: This two-bedroom condo, nicely renovated in the past year and a half, is on the third floor of one of the city’s most distinctive 19th-century residential buildings, The Brewster. Situated at the northwest corner of Pine Grove Avenue and Diversey Parkway and originally known as the…