Housing Bulletin—The Biggest Drops

This is the third installment of our close analysis of the real-estate charts that appeared in Chicago’s October issue. This week we are looking at the neighborhoods and towns where price drops were the biggest in the 12-month period covered by our charts—July 1, 2006, to June 30, 2007. Over that time, as reported in … Read more

Sale of the Week—River Forest Tudor

List Price: $2.5 million Sale Price: $2.5 million The Property: This 80-year-old Tudor set a sales-price record for River Forest when it was sold on September 10th. The closing came 16 months after the agreement to sell, an unusually long time span. Typically, most deals close after 30 days or so. Here’s what happened. Back … Read more

New on the Market—Old Irving Park, Chicago

List price: $1.499 million

The Property: Built in 1873 by one of the first residents of what was then suburban Irving Park, this brick Italianate house is filled with hand-crafted vintage features, including the door and window trim and the intricate wooden floor inlays. Otherwise, the place has the feel of a brand-new house, thanks to the restoration efforts of the past two owners, who took care to preserve the home’s original character while making it livable for the 21st century…

Housing Bulletin—Turning Down the Volume

Deal Estate continues its expanded analysis of the real-estate charts in Chicago’s October issue, this week looking at the Chicago neighborhoods and suburbs where the number of home sales dropped most sharply. Using data supplied by the Multiple Listing Service of Northern Illinois, the charts in the magazine examined 77 city neighborhoods and 204 suburbs … Read more

New on the Market—A Riverside Webmaster

List Price: $910,000 The Property: The last work of the innovative west suburban architect Harold Zook, this Riverside house, built in 1948, has had only one owner. That means many of its original features are intact—including the spider-web pattern crafted in glass (in a window) and in stone (above the mantel), as well as the … Read more

Housing Bulletin—Hitting the Brakes

In its October 2007 issue, Chicago charts home sales in 77 city neighborhoods and 204 suburbs over a 12-month period beginning July 1, 2006, and ending June 30, 2007. Among other things, the charts, using data provided by the Multiple Listing Service of Northern Illinois, reveal a widespread increase in the time it took to … Read more