A venture controlled by one of Chicago’s best-known philanthropists has listed a Lake Shore Drive condo for just under $6 million. Property records show the venture, 189 Mayfair LLC, paid $4.5 million in February 2007 for the three-bedroom residence at 189 E. Lake Shore Drive. The venture is controlled by…
Year-over-year home sales in Chicago closed out the year in strong fashion, climbing nearly 15 percent. Nationwide, the picture was equally sunny. Existing home sales jumped 12.8 percent to 4.94 million in December, from 4.38 million in the same period in 2011. What’s more, year-over-year median sale prices climbed 11.5…
The Consumer Financial Protection Bureau unveiled new rules to help homeowners better understand their mortgages and options if they fall behind on loan payments. The bureau says the new guidelines, released this week, will result in a “market with fewer surprises and runarounds” and “improve the communication from servicers to…
Been searching for a downtown condo that will also house your fleet of Ferraris? Well, you’re not going to believe your luck. A unit on the upper floors of Lake Point Tower, 505 N. Lake Shore Drive, recently came on the market for $3.4 million. The price includes a 2,714-square-foot…
Residential real estate sales in Chicago are typically sluggish during the holidays but in the last month 18 Gold Coast homes priced at a half-million dollars or more have traded hands. In the biggest transaction, an 8,400-square-foot mansion at 1525 N. State Parkway sold Dec. 27 for $6.2 million, property…
A founding partner of a West Loop boutique law firm is asking just under $2.8 million for a custom-built mansion in Bucktown. 1660 N. Oakley The 6,400 square-foot residence, completed in 2008, is loaded with high-end amenities and finishes such as an Italian-designed kitchen, wine cellar, mahogany floors and staircases,…
The local housing market may still be sputtering—up one month and down the next—but these acquisitions show there remains an appetite, perhaps a smaller one than in previous years, for high-priced real estate. $15 Million – Park Tower You may have heard the most expensive condominium in Chicago history was…
With mortgage rates lingering at their historic lows, there is infinite possibility (and opportunity!) for first-time home buyers and previous homeowners to take advantage of great deals in Chicago real estate. But there are still a few details to straighten out on your end.
You’ve wound through the maze of Chicago homes for sale, found the one that’s perfect for you and are on your way to becoming its owner. But wait! Does your new property have older home additions? Or are you operating a home business? If so, then before you get settled…
Wells Fargo has debuted two new programs that promise to jump-start and sustain the meager recovery already taking root in many areas of the country. Both NeighborhoodLIFT and CityLIFT have been announced since early September and include down payment assistance, financial education and special events showcasing area homes for sale.
There’s nothing better than having select aspects of life customized to our exact specifications. This is particularly true when building a new home or renovating one of the many existing Chicago homes. Sure, construction and renovations are a big task, but we’re confident that nothing rivals the feeling of walking…
Making the transition from one Chicago home to another can turn into quite the “to-do” list. The list begins as a manageable thing and then just never stops growing! Of course, packing (and packing and packing) is the cumbersome king of that list, but don’t let it overshadow the smaller-but-still-important…
If you’re nostalgic for a home with old world charm that still fits your contemporary lifestyle, take a tour of the historically significant 1856 Century House at 4362 W. Grace Street in Irving Park.
There are those homeowners who love cubbyholes and nooks, and then there are those who admire clean lines, open space and modern edge. If the latter describes what you’re looking for, then take a drive by 4511 North Wolcott in Ravenswood.
When you crave natural light and luxuriously open indoor spaces, a typical cubbyhole condo simply won’t do. If you’re looking for a high-class home that lets the outdoors in, visit the exquisite corner townhome at 2701 N. Greenview.
Are you the king (or queen) of home entertaining? Looking for a new home that inspires a little zen? Then you owe yourself a tour of 3117 North Hoyne in LakeView.