Deal Estate - Chicago

07/23/08

Housing Bulletin—Behind the Fall in Round Lake

In most of the Chicago area, the number of home sales is down about 30 to 40 percent this year, according to MRED, the real-estate data service. In the Round Lake section of Lake County, it’s down 77.9 percent. That means only a little more than one-fifth as many houses have sold there in the past 12 months as did in the prior year. And some agents in town say...

Posted at 07:46 AM in Housing Bulletin | Permalink | Comments (0)

07/21/08

Sale of the Week—Trading Up from the Park Tower

List Price: $1.4 million
Sale Price: $1.3 million
The Property: This two-bedroom condo on the 44th floor of the prestigious Park Tower at 800 N. Michigan Ave. was the “in-town” second home of a pair of Indiana physicians for seven years, until they traded up this year to a...

Posted at 07:22 AM in Sale of the Week | Permalink | Comments (0)

07/17/08

On The Market—Spacious Cape Cod in Wilmette

List Price: $1,099,000
The Property: Unlike ostentatious new houses that flaunt their thousands of square feet with soaring roofs and phallic turrets, this Cape Cod–style house in Wilmette is a classic 1950s exercise in self-restraint, with a taupe exterior and a sheltered porch. The broad, low-hanging roof suggests a modest house huddles beneath, but, in fact, there are...

Posted at 09:24 AM in On the Market | Permalink | Comments (0)

07/16/08

Housing Bulletin—The Money’s on Naperville, Again

City-lovers who refuse to venture west of Harlem Avenue may not get why a whole lot of other people have such affection for Naperville, but the town collected yet another laurel on Monday, when Money magazine released its 2008 list of the best places to live in the United States. Naperville was No. 3, after towns in Minnesota and...

Posted at 07:47 AM in Housing Bulletin | Permalink | Comments (1)

07/14/08

Sale(s) of the Week: Two $9-Million North Shore Sales in Two Days

The Properties: July started off with a bang on the North Shore, and that’s not a reference to the many fireworks displays hosted by towns and country clubs. Two separate lakefront mansions sold for stratospheric prices: on July 1st, a Kenilworth estate went for $9,710,913, and two days later, one in Wilmette went for...

Posted at 10:13 AM in Sale of the Week | Permalink | Comments (0)

07/10/08

On The Market—Downsizing in Lincoln Park

List Price: $1.495 million
The Property: Nine years ago, this redstone townhouse from the early 1890s and its neighbor to the east were coupled together in an unusual approach to expandable housing. In 1999, when their family of five was outgrowing the house on the east (where they had lived since 1980), Susan and Tom Kuczmarski bought this house to...

Posted at 08:17 AM in On the Market | Permalink | Comments (1)

07/09/08

Housing Bulletin—Amy Jacobson Sells Her Lake View “Dream Home”

Amy Jacobson, a former reporter for WMAQ–Channel 5, has sold her four-bedroom Lake View graystone for $938,000—a 4.2 percent gain over the purchase price three years ago, but a significant loss, says Jacobson, given what she...

Posted at 07:23 AM in Housing Bulletin | Permalink | Comments (9)

07/03/08

On The Market—Hinsdale’s New-Old Stone Mansion

List Price: $4.9 million
The Property: You will be forgiven if, when approaching this new house in Hinsdale, you wonder whether they hauled it over from England in pieces or already assembled. The rough-hewn stone façade, the sheltered entry vestibule with timber beams and...

Posted at 05:54 AM in On the Market | Permalink | Comments (3)

07/02/08

Housing Bulletin—A Green Demolition, in Northfield

The developer who paid $1.2 million for a Northfield lot where he plans to build six condos could have had the old house there demolished in two days, at a cost of about $15,000. Instead, he’s paying twice that—and the...

Posted at 06:38 AM in Housing Bulletin | Permalink | Comments (0)

06/30/08

Sale of the Week—An Evanston House Swap

List Price (Tudor): $2.975 million
Sale Price: $2.975 million
List Price (Brick): $1.295 million
Sale Price: $1.225 million
The Properties: The owners of these two homes swapped houses—even though it wasn’t an even trade. In fact, as you can see, one residence is worth more than twice the other...

Posted at 09:22 AM in Sale of the Week | Permalink | Comments (0)