On Friday, Richard Cooper, the head of an Oak Brook-based hedge fund, sold his 66th-floor penthouse at the Park Tower for $15 million, the highest-ever recorded sale price of a Chicago condo... Read more
List Price: $3.35 million The Property: On a block in Lincoln Park, things are really headed up. Over the past year, two neighboring houses have sold for more than $4 million each, and across the street, the last remaining old-time eyesore is now undergoing extensive rehab... Read more
By Penny Pollack, Graham Meyer, and Kristina Vragovic
’Cue Ball
Imagine what it would look like if the Wrigleyville standbys Chen’s and John Barleycorn had a barbecue restaurant baby. That’s probably a pretty accurate picture of the unnamed project planned for next summer... Read more
Apartment rents have been rising and will keep going up for the near future—but at three different rates in three different strata of the market, according to speakers at last week’s Lincoln Park Builders Real Estate Forum ’12. In the fourth and bottom layer, they will remain flat... Read more
List Price: $950,000 The Property: East Lake View is now so full of restaurants and homes that it’s hard to imagine that, just a century ago, a swath of it around Halsted and Aldine Streets was a landscape plant farm filled with greenhouses owned by the Wittbold family... Read more
List Price: $1,999,000 The Property: No matter what the temperature is outside, it’s always the fifties inside this Glencoe home. Built in 1955, the house has one entire side of glass, facing the steep ravine at the edge of the lot... Read more
