Sale of the Week – Indian Hill Club

List price: $5 millionSale price: $4.45 million The Property: This 13-room mansion in a French Normandy style overlooks the fifth fairway of the Indian Hill Club golf course just outside Winnetka. Sequestered behind brick gates and surrounded by formal landscaping, the house has seven bedrooms, five fireplaces, a library, and a chauffeur’s apartment and other … Read more

New on the Market – Factory Conversion in Roscoe Village

List Price: $3.999 millionThe Property: Formerly a machine-parts factory, this 10,000-square-foot structure on a residential block in Roscoe Village is being converted into a lavish, contemporary home, complete with a rooftop deck the size of some suburban back yards. When finished this summer, it will have six bedrooms, four fireplaces, an elevator and some serious … Read more

Housing Bulletin – New v. Old in Des Plaines

In the past decade, formerly frumpy downtown Des Plaines has undergone a transformation into a lively place dotted with new restaurants and stores, a fantastic central library, and, most noticeable of all, thick clusters of new, mid-rise condo buildings. Standing at the center of town-at Metropolitan Square near the Metra station-you can look southeast along … Read more

Sale of the Week – Kenilworth

List price: $975,000Sale price: $940,000 The Property: This classic red-brick colonial with three bedrooms, two-plus bathrooms, and two fireplaces provided a rare opportunity to get an appealing, nicely updated home in exclusive Kenilworth for under $1 million-and it has played that role twice in the past year. Built in 1929, the house sold for $5,000 … Read more

New on the Market – Glencoe Gatehouse

List price: $1.399 million The Property: Designed by the great North Shore architect Howard Van Doren Shaw, this home was built in 1913 as one half of a pair of twin gatehouses for a lavish lakefront estate on Sheridan Road. When the present sellers, Tierney Danehy and Tom McNulty, bought the place in 1995, it … Read more

Housing Bulletin – They Might Be Giants

Last week, two real-estate projects in the Chicago tradition of “make no little plans” took some giant steps forward, as both plans won approval from the city’s Plan Commission. One is the ongoing proposal to build a twisting 150-story condo tower-the architect Santiago Calatrava’s Chicago Spire-just north of the Chicago River and west of Lake … Read more

Sale of the Week – Lindenhurst

List price: $224,900Sale price: $220,000 The Property: On April 11th-the day before this five-room house sold for $220,000-the National Association of Realtors (NAR) forecast that the national median price for an existing home in 2007 will be $220,300. If that prediction holds up, it means that half the houses sold this year will go for … Read more

New on the Market – Gold Coast, Chicago

Update: The property has been taken off the market; the Trafelets are negotiating a private sale. List price: $649,000 The Property: A duplex in a classic 1920s Gold Coast building designed by Andrew Rebori, this five-room, two-bedroom apartment manages to create elegance in an economical space. Except for the dramatic two-story living room-with a charming … Read more

Housing Bulletin – Real-Estate Agent Parking Permits

For people whose job demands that they park all over the city, there may be nothing more frustrating than hunting for a parking space in a permit-zoned Chicago neighborhood. A potential solution to that problem isn’t working-most likely because of tinkering by city hall. Permit-zone parking started on the Northwest Side in 1979 in the … Read more

Sale of the Week – Oak Lawn

List price: $569,000Sale price: $569,000 The Property: This newly built 11-room, five-bedroom house set the sales record for Oak Lawn when it was sold on April 6th. It is on the same street as-and within two blocks of-this southwest suburb’s two previous top sales. The developer Timothy Desmond of Leeside Builders built all three of … Read more