Before Neumann Homes went into bankruptcy last November, it was the ninth-largest builder in the Chicago area, with subdivisions going up in a string of towns along the outer edge of the suburbs. The company’s tumble, which its CEO, Ken Neumann, acknowledged was due to over-exuberant expansion, sent yet another shockwave through...
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Before Neumann Homes went into bankruptcy last November, it was the ninth-largest builder in the Chicago area, with subdivisions going up in a string of towns along the outer edge of the suburbs. The company’s tumble, which its CEO, Ken Neumann, acknowledged was due to over-exuberant expansion, sent yet another shockwave through...
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Before Neumann Homes went into bankruptcy last November, it was the ninth-largest builder in the Chicago area, with subdivisions going up in a string of towns along the outer edge of the suburbs. The company’s tumble, which its CEO, Ken Neumann, acknowledged was due to over-exuberant expansion, sent yet another shockwave through...
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Before Neumann Homes went into bankruptcy last November, it was the ninth-largest builder in the Chicago area, with subdivisions going up in a string of towns along the outer edge of the suburbs. The company’s tumble, which its CEO, Ken Neumann, acknowledged was due to over-exuberant expansion, sent yet another shockwave through…
List Price: $587,500
The Property: Today, everybody loves Bertrand. But in 1957, before the iconic corncob towers of Marina City made Bertrand Goldberg a beloved Chicago architect, he had to revamp his plans for this house in Flossmoor twice because village officials didn’t like his…
The latest report from Appraisal Research Counselors (ARC), whose finger is always on the pulse of Chicago’s downtown condominium market, indicates that even if the shine is gone from condos as investment vehicles, the overwhelming majority of people who bought a few years ago in buildings now being finished are sticking with their contracts.
Why is that news? Well, a spike in the number of buyers opting to back out of their deals—leaving their upfront cash deposits in the hands of…
New homes just “part of the neighborhood”
Noiseproofing, high-end appliances, and other amenities enhance condos
Amid change, project’s design blends yesterday with toda
Web site helps would-be homeowners make an irrefusable offer
Parties to deal agree to delay finalizing sale for seven months
Anticipating political change, seller cashes in on house
List Price: $1,990,000
Sale Price: $1,725,000
The Property: There’s nothing half-apsed about this condominium in a converted, cruciform-shaped Catholic church in Wilmette. The 3,662-square-foot residence fills the entire third floor of the semicircular space that was once the church’s apse—or head of the cross—as well as its transepts: that is, the two arms of the cross, each graced with a tall, arched window. A dining room occupies one arm; the master bedroom, the other. The apse has been transformed into a…
