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...

" /> 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...

" /> 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...

" />
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Ad Categories: Real Estate

Sale of the Week—Real Cathedral Ceilings in Wilmette

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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…

Housing Bulletin— Melissa Bean and Mortgage-Aid Legislation

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On May 8th, the U.S. House of Representatives passed a mortgage rescue plan that, although threatened by a veto from President Bush, could help homeowners facing foreclosure stay in their homes with lower-cost loans.

Congresswoman Melissa Bean, who represents Illinois’ 8th District (Chicago’s north and northwest suburbs), authored three parts of the package that were expressly designed to keep the bill from rewarding irresponsible borrowers with government funds. “There’s an implication from opponents that this is somehow gifting taxpayer money to…

Sale of the Week—At a Loss in Wilmette

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List Price: $1,199,900
Sale Price: $1,103,500
The Property: This large four-year-old house resides in a Wilmette neighborhood where new construction has replaced about one-third of the older ranch houses that still characterize the area. It has 13 rooms, five of them bedrooms (one is in the basement, where it would commonly be used for a nanny or guests), a pillared foyer, and a spacious kitchen lined with cherry cabinets. From the family room, French doors open onto a nice patio—but that’s about all there is to…

Who Will Buy the Condos?

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Since 2000, developers have flooded downtown Chicago with more than 20,000 new condos and townhouses—yet at the end of 2007, nearly 8,000 of them sat unsold. Will that glut drag down the local economy even further, or will the lure of city living and an influx of international buyers rescue a failing market?

On The Market—Throwing Bucktown a Curve

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Talk a walk around Bucktown with Dennis, and then a tour of the home with Tony Madonia. List Price: $1.9 million The Property: The architect John Hanna threw the rigidly rectilinear street grid in Bucktown a curve when he designed this contemporary home for a corner lot. The house appears impossibly slender when viewed from … Read more

Housing Bulletin— Neighborhood Info @ Your Service

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Two weeks ago, the Chicago real-estate agency @properties rolled out a cool tool for house hunters and sellers on its Web site. The @Report, as they call it, is built on the idea that real-estate markets are very, very local.

The eight-year-old agency has offices or agents working in 21 Chicago neighborhoods (most of the lakefront from Rogers Park to South Shore, plus a layer or two of inland neighborhoods for much of that stretch); this new tool puts the details on…

Sale of the Week—Breaking the Mold in Glen Ellyn

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List price: $600,000
Sale Price: $545,000
The Property: When a homeowner owes more than a house is worth, that’s called being “under water.” In the case of this house, the term took on a double meaning.

The sellers of this house had bought the place in July 2006 for $800,000. The next year they moved to New York before they were able to sell the home, says their agent, RE/Max’s Christopher Kouros. Eventually the sellers, whose names do not appear in public records, dropped their asking price to…

On The Market—A Tudor Manor in Highland Park

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List Price: $2.9 million
The Property: This grand old home 75 yards from the Lake Michigan blufftop in Highland Park evokes the early 20th-century age of big North Shore country houses. With its peacock fan of gable beams above a cozy inglenook entry, it would have been a happy place to arrive after a long…