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Ad Categories: Real Estate

Housing Bulletin: Ladies and Gentlemen, the Realtors Have Left the Building

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’Twas the night before Christmas, when all through the house, not a creature was stirring—not even a real-estate agent eager to show off the granite countertops in the kitchen or the triangular Jacuzzi for two in the master bath. Instead, with home sales down more than 40 percent from the height of the market in 2006, agents have been departing the industry in large numbers. At the end of November, with roughly 57,100 members, the Illinois Association of Realtors (IAR) had experienced a…

Sale of the Week: A Patient Buyer Prevails in Oak Brook

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List Price: $1,995,000
Sale Price: $1,595,000
The Property: The rear of this 12-room house looks across a swimming pool and enormous back lawn toward a small lake (part of Ginger Creek) and, beyond that, to homes on the other side of the water. Approximately 35 years old, this house has a soaring peaked ceiling in the main living rooms, four bedrooms, and a…

On the Market: A Franglish Manor in Highland Park

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List Price: $1,099,000
The Property: With its mix of crisp, orderly limestone on the lower walls and rusticated stucco and half timbers above, this mansion, built in 1927, isn’t sure whether it’s French or English. But instead of feeling confused, the eclectic exterior makes an apt container for what’s inside: a 13-room collection of materials and craftwork from…

Housing Bulletin: Cancelled Condo Tower Gets a New Lease on Life

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Last week an apartment developer announced that it is starting construction on a 21-story River North building whose site, architectural plans, and name—Parc Huron—it bought from the condo developer Lennar, which cancelled the project eight months ago. But that doesn’t mean the project will change all that much. “It had  already been through…