Deal Estate - August 2009

08/31/09

Lake Forest’s “Dinky Dump”

List Price: $1,795,000
Sale Price: $1,550,000
The Property: In a town where the elite have long lived in mansions with lyrical names such as Elawa, Bagatelle, and Clinola, this handsome house got saddled with an unfortunate moniker: Dinky Dump...

Posted at 08:02 AM in Sale of the Week | Permalink | Comments (0)

08/27/09

The Newest Old House in Glencoe

List Price: $5.3 million
The Property: Although brand new, this 18-room house on a wooded half-acre in Glencoe could easily be mistaken for a holdover from a bygone era of handsome country homes. George Adamczyk, a veteran builder of (by his count) 115...

Posted at 11:51 AM in On the Market | Permalink | Comments (0)

08/26/09

A Second Home Search Engine

If you are one of the fortunate few looking for a second home, you may want to check out the Niche Properties Network, which showcases second-home properties on eight different websites. Those sites are only a few weeks old now and have very few listings, but this week the company is starting a concerted push to get real-estate agents to sign on with...

Posted at 07:25 AM in Housing Bulletin | Permalink | Comments (1)

08/24/09

Widow of Late McDonald’s CEO Sells Their Oak Brook Home

List Price: $3,749,000
Sale Price: $3,125,000
The Property: The 19-room house in Oak Brook that belonged to James and Joann Cantalupo was sold on August 11th...

Posted at 07:16 AM in Sale of the Week | Permalink | Comments (0)

08/20/09

Art Nouveau Marvels in a Buena Park Condo

List Price: $424,900
The Property: Originally the main living rooms of a mansion built in 1903, this second-floor condo has some original design elements that have been carefully preserved and restored. The most noteworthy of these features is an Art Nouveau fireplace, where flared columns flank a tile mosaic depicting yellow roses. The mantelpiece is a mirrored glass cabinet that bows outward. Nearby are...

Posted at 07:17 AM in On the Market | Permalink | Comments (0)

08/19/09

Who’s Happy?

Three dispatches about happiness:
According to a new homeowner confidence survey from Zillow.com, homeowners in the Midwest are more glum about the near-term future of the value of their homes than their counterparts in the rest of the country. The survey, released Tuesday, comes on the heels of...

Posted at 08:01 AM in Housing Bulletin | Permalink | Comments (0)

08/17/09

Blackhawks’ Dave Bolland Buying in Lake View

List Price: $1.849 million
Sale Price: Under contract; price not yet disclosed
The Property: Having signed a five-year, $16.875-million contract with the Chicago Blackhawks in late June, David Bolland is now working on another contract: the one to purchase a seven-bedroom house in Lake View...

Posted at 08:01 AM in Sale of the Week | Permalink | Comments (2)

08/13/09

Lofty Ambitions Deliver an Urbane Home—Near North Side

List Price: $3.4 million
The Property: It must have been blind optimism that convinced Tom Tremback back in 1991 that he could turn a fleabag of an apartment building into a loft-style home. Whatever it was, he bought a 100-year-old structure on LaSalle Street that held five decrepit apartments and started renovating. It took ten years of work before he could move in—and a few more before he could call the entire place a...

Posted at 11:22 AM in On the Market | Permalink | Comments (0)

08/12/09

Mining Zillow’s Latest Data

On Tuesday, Zillow.com released its latest round of quarterly fitness reports for the residential real-estate market. It’s an intricately detailed look at home values in cities across the country from March to May of 2009. Visitors to the site can zero in on individual Chicago suburbs and neighborhoods...

Posted at 10:53 AM in Housing Bulletin | Permalink | Comments (0)

08/10/09

NBA and Olympic Star Buys in River North

List Price: $1,699,000
Sale Price: $1,425,000
The Property: The Chicago native Dwyane Wade, a member of the NBA’s Miami Heat and the gold medal–winning 2008 U.S. Olympic basketball team, has bought a four-story riverfront townhouse in Kinzie Park...

Posted at 07:35 AM in Sale of the Week | Permalink | Comments (1)

08/06/09

Thoroughly Moderne Rebori—Gold Coast

In the mid-1930s, Frank J. Fisher, a Marshall Field’s executive, commissioned the architect Andrew Rebori to design a residential property that would also generate some income. Rebori recruited the muralist and craftsman Edgar Millerto help detail the spaces with stained glass and other finishes...

Posted at 09:02 AM in On the Market | Permalink | Comments (0)

08/05/09

A Foreclosure with a Happy Ending

Three years ago, Stephanie and Bob Walker paid $799,000 for a three-bedroom house on a ridge in the Silverlake section of Los Angeles with a view of the Hollywood sign and the Griffith Park Observatory. This summer, they were camped out in the Barrington home of Stephanie’s mother, having lost a yearlong struggle to hang onto their house in...

Posted at 08:57 AM in Housing Bulletin | Permalink | Comments (5)

08/03/09

A Star-Struck Condo Sale—Old Town

List Price: $1,249,900
Sale Price: $1,125,000
The Property: While she was in Chicago last year filming Public Enemies with Johnny Depp, the French actress Marion Cotillard rented this five-room, 2,500-square-foot condo on the fifth floor of an Old Town building...

Posted at 08:00 AM in Sale of the Week | Permalink | Comments (0)

	08/31/09 Lake Forest’s “Dinky Dump” List Price: $1,795,000 Sale Price: $1,550,000 The Property: In a town where the elite have long lived in mansions with lyrical names such as Elawa, Bagatelle, and Clinola, this handsome house got saddled with an unfortunate moniker: Dinky Dump... Posted at 08:02 AM in Sale of the Week \| Permalink \| Comments (0)
	08/27/09 The Newest Old House in Glencoe List Price: $5.3 million The Property: Although brand new, this 18-room house on a wooded half-acre in Glencoe could easily be mistaken for a holdover from a bygone era of handsome country homes. George Adamczyk, a veteran builder of (by his count) 115... Posted at 11:51 AM in On the Market \| Permalink \| Comments (0)
	08/26/09 A Second Home Search Engine If you are one of the fortunate few looking for a second home, you may want to check out the Niche Properties Network, which showcases second-home properties on eight different websites. Those sites are only a few weeks old now and have very few listings, but this week the company is starting a concerted push to get real-estate agents to sign on with... Posted at 07:25 AM in Housing Bulletin \| Permalink \| Comments (1)
	08/24/09 Widow of Late McDonald’s CEO Sells Their Oak Brook Home List Price: $3,749,000 Sale Price: $3,125,000 The Property: The 19-room house in Oak Brook that belonged to James and Joann Cantalupo was sold on August 11th... Posted at 07:16 AM in Sale of the Week \| Permalink \| Comments (0)
	08/20/09 Art Nouveau Marvels in a Buena Park Condo List Price: $424,900 The Property: Originally the main living rooms of a mansion built in 1903, this second-floor condo has some original design elements that have been carefully preserved and restored. The most noteworthy of these features is an Art Nouveau fireplace, where flared columns flank a tile mosaic depicting yellow roses. The mantelpiece is a mirrored glass cabinet that bows outward. Nearby are... Posted at 07:17 AM in On the Market \| Permalink \| Comments (0)
	08/19/09 Who’s Happy? Three dispatches about happiness: According to a new homeowner confidence survey from Zillow.com, homeowners in the Midwest are more glum about the near-term future of the value of their homes than their counterparts in the rest of the country. The survey, released Tuesday, comes on the heels of... Posted at 08:01 AM in Housing Bulletin \| Permalink \| Comments (0)
	08/17/09 Blackhawks’ Dave Bolland Buying in Lake View List Price: $1.849 million Sale Price: Under contract; price not yet disclosed The Property: Having signed a five-year, $16.875-million contract with the Chicago Blackhawks in late June, David Bolland is now working on another contract: the one to purchase a seven-bedroom house in Lake View... Posted at 08:01 AM in Sale of the Week \| Permalink \| Comments (2)
	08/13/09 Lofty Ambitions Deliver an Urbane Home—Near North Side List Price: $3.4 million The Property: It must have been blind optimism that convinced Tom Tremback back in 1991 that he could turn a fleabag of an apartment building into a loft-style home. Whatever it was, he bought a 100-year-old structure on LaSalle Street that held five decrepit apartments and started renovating. It took ten years of work before he could move in—and a few more before he could call the entire place a... Posted at 11:22 AM in On the Market \| Permalink \| Comments (0)
	08/12/09 Mining Zillow’s Latest Data On Tuesday, Zillow.com released its latest round of quarterly fitness reports for the residential real-estate market. It’s an intricately detailed look at home values in cities across the country from March to May of 2009. Visitors to the site can zero in on individual Chicago suburbs and neighborhoods... Posted at 10:53 AM in Housing Bulletin \| Permalink \| Comments (0)
	08/10/09 NBA and Olympic Star Buys in River North List Price: $1,699,000 Sale Price: $1,425,000 The Property: The Chicago native Dwyane Wade, a member of the NBA’s Miami Heat and the gold medal–winning 2008 U.S. Olympic basketball team, has bought a four-story riverfront townhouse in Kinzie Park... Posted at 07:35 AM in Sale of the Week \| Permalink \| Comments (1)
	08/06/09 Thoroughly Moderne Rebori—Gold Coast In the mid-1930s, Frank J. Fisher, a Marshall Field’s executive, commissioned the architect Andrew Rebori to design a residential property that would also generate some income. Rebori recruited the muralist and craftsman Edgar Millerto help detail the spaces with stained glass and other finishes... Posted at 09:02 AM in On the Market \| Permalink \| Comments (0)
	08/05/09 A Foreclosure with a Happy Ending Three years ago, Stephanie and Bob Walker paid $799,000 for a three-bedroom house on a ridge in the Silverlake section of Los Angeles with a view of the Hollywood sign and the Griffith Park Observatory. This summer, they were camped out in the Barrington home of Stephanie’s mother, having lost a yearlong struggle to hang onto their house in... Posted at 08:57 AM in Housing Bulletin \| Permalink \| Comments (5)
	08/03/09 A Star-Struck Condo Sale—Old Town List Price: $1,249,900 Sale Price: $1,125,000 The Property: While she was in Chicago last year filming Public Enemies with Johnny Depp, the French actress Marion Cotillard rented this five-room, 2,500-square-foot condo on the fifth floor of an Old Town building... Posted at 08:00 AM in Sale of the Week \| Permalink \| Comments (0)

August 2009