Housing Bulletin: Low-Income Housing Developer Hit Hard by Downturn

On Monday, February 9th, Duane Ehresman received a Chicago Neighborhood Development Award for his work preserving 153 low-cost apartments in five buildings in North Lawndale. It’s the latest project in Ehresman’s 28-year career of creating and managing affordable rental housing in Chicago; in that time, he has had a hand in the renovation of almost 1,500 housing units for low-income people…

On the Market: Majestic River View in River North

List Price: $990,000
The Property: The spectacular view is the primary attraction of this two-bedroom condo on the 13th floor of the 38-story Riverbend; it looks eastward along the main branch of the Chicago River, taking in all the soaring skyscrapers that flank its sides and the muscular bridges that cross it. From the condo balcony, the el trains on the Wells Street bridge “look like Mr. Rogers’…

Sale of the Week: NBC’s Wojciechowski Moves to Lake Shore Drive

List Price: not available
Sale Price: $954,000
The Property: Charlie Wojciechowski, an anchor and reporter at NBC5 Chicago (WMAQ-TV), and his wife, Kate, a real-estate manager, have purchased a two-bedroom home on the 33rd floor of a new condo tower on Lake Shore Drive. The building is one of a pair of contemporary structures at 600 North Lake Shore Drive; in addition to the Drive, the buildings overlook…

On the Market: A Factory Remade in Evanston

List Price: $799,000
The Property: The downtown, urban look of this onetime metal-stamping factory, now a residence, belies its neighborhood, a charming part of Evanston where the streets are lined with neat medium-size Victorians and deep front lawns. Tucked…

Housing Bulletin: Chicago’s Casa Bonita

On Ridge Avenue in Rogers Park—just north of Touhy Avenue and south of St. Scholastica High School—sits that wonderland of terra cotta called Casa Bonita. Its towers, crests, pediments, and other white clay accents signal that when the building went up in 1928, this wasn’t merely a place to live, but to live large…

Sale of the Week: Twin Peaks – Chicago

List Price (41st floor): $2.25 million
Sale Price: $2.1 million
List Price (37th floor): $2.45 million
Sale Price: $2.125 million
The Properties: Last week, two condominiums at the Water Tower Residences (at 180 East Pearson Street in Chicago) were sold within two days of one another; the two condos were quite similar in size and sale price—and in the views they…

On the Market: Wright Redone Right in Oak Park

List Price: $1.295 million

The Property:
This house, one of a trio that Frank Lloyd Wright designed in his off-hours while employed by Louis Sullivan in the early 1890s, has been extensively renovated and expanded, all with a careful eye on the home’s history…