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…
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…
List Price: $1.295 million
The Property: Clad in brick, zinc, and cedar, this is one of two sharply contemporary houses on a Humboldt Park street sprinkled with new, more traditional construction—and even its partner can’t quite match the profile of this home, with that cedar box projecting from the second floor…
As evidenced by Chicago’s annual real-estate chart—which appears in the October 2008 issue and spans the 12-month period from July 1, 2007, to June 30, 2008—home values are down almost everywhere in the metro region. (And according to a Case-Schiller report that came…
List Price: $1,187,000
Sale Price: $1,200,000
The Property: Those prices above are not transposed. This house really did accomplish something we don’t see much of anymore, selling for more than the asking price. Not only that, but the sellers’ real-estate agent, Kathy Murphy, says she had…
List Price: $1.395 million
The Property: On a street in Roscoe Village where most houses are the characteristic Chicago types—frame or brick, farmhouse or Victorian—a family of suburban builders has imported something different: the rusticated feel of a…
In its October 2008 issue, Chicago presents its annual residential real-estate chart, which, among other things, reveals how many homes were sold this past year in nearly 300 city neighborhoods and suburbs. There wasn’t space to show how those sale numbers compared to last year, but in the ongoing housing meltdown, the huge decline in…
June sale surpasses record price for a Lake Point Tower condo
Grand courtyard becomes centerpiece of Northwest Side Rehab
List Price: $1,999,975
Sale Price: $1,400,000
The Property: This twenty-year-old house in west Lincoln Park fits congenially with its historic neighbors, thanks to its red brick exterior, arched windows, and slim cornice. Inside, it’s much more contemporary, with crisp expanses of…
