List Price: $1,395,000
Sale Price: $1,327,500
The Property: On a street of mostly traditional-looking homes in Wilmette, this residence fits right in with its red brick exterior trimmed in white. But the house is a departure for its neighborhood—and for almost any other community in the Chicago area—because it has...

" /> List Price: $1,395,000
Sale Price: $1,327,500
The Property: On a street of mostly traditional-looking homes in Wilmette, this residence fits right in with its red brick exterior trimmed in white. But the house is a departure for its neighborhood—and for almost any other community in the Chicago area—because it has...

" /> List Price: $1,395,000
Sale Price: $1,327,500
The Property: On a street of mostly traditional-looking homes in Wilmette, this residence fits right in with its red brick exterior trimmed in white. But the house is a departure for its neighborhood—and for almost any other community in the Chicago area—because it has...

" />

Sale of the Week: Going Geothermal in Wilmette

List Price: $1,395,000
Sale Price: $1,327,500
The Property: On a street of mostly traditional-looking homes in Wilmette, this residence fits right in with its red brick exterior trimmed in white. But the house is a departure for its neighborhood—and for almost any other community in the Chicago area—because it has…

On the Market: A Vacancy at Aurora’s O’Dell Hotel

List Price: $619,900
The Property: Last week, Spike O’Dell, the morning host at WGN-Radio for the last eight years, confirmed on the air that he will leave the station in December when his contract expires. With their kids grown and “everything we wanted to do done,” O’Dell told me, he and his wife, Karen, plan to retire to…

Housing Bulletin: One Homebuilder’s Very Candid Look Back

Last week, a local builder, Paul Ahlrich of Grun Development, sat down with me for a frank talk about his experience building and selling new houses in Chicago. Ahlrich got into the business slowly at first, and then in early 2006, took a headlong plunge, building three new upscale houses in Humboldt Park—houses he expected to sell before or shortly after…

Where to Buy Now

The silver lining behind the residential real-estate collapse is the opportunity for housing bargains. Here are 14 up-and-coming Chicago neighborhoods and suburbs where prices are relatively low and the promise for future growth is strong

Housing Bulletin—Company Announces Discounted Home Sales

In the present economic climate, home sellers have been tense, while potential homebuyers have had a tendency to sit still. But for ten days, beginning on October 10th, one real-estate company will try to get house sales moving again by cutting the asking price on thousands of homes by 10 percent.

Coldwell Banker Residential Brokerage has arranged for the owners of about 23,000 homes nationwide—about 1,300 of them in…

Sale of the Week—A Lincoln Park Greystone

List Price: $1.495 million
Sale Price: $1.3 million
The Property: This Victorian greystone was built in 1874 on what is now one of Lincoln Park’s most appealing blocks, with the park half a block east, restaurants less than a block to the west, and some of the neighborhood’s finest architectural treasures (including the Wrigley…