Housing Bulletin – Incentives to Buy

The real-estate market has been giving off conflicting signs for months. That’s making anybody who has a property to sell eager to get rid of it, just in case the signals go from confusing to bad. Most expert observers agree that the worst-case scenario-the bottom dropping completely out of the local housing market-is not going … Read more

Sale of the Week – Lake View, Chicago

Neighborhood: Lake View, ChicagoList price: $1.399 millionSale price: $1.312 million The Property: Built in 2004 by Pat Heneghan, this nine-room wood-frame home has four bedrooms, three-plus baths, three fireplaces, two wet bars, and a deck atop the two-car garage. The homey front porch belies the elegance of the interior, which has numerous windows and skylights. … Read more

New on the Market – Highland Park houses

List price: $1.85 million / $1.65 million The Property: When the Northbrook developer Greg Weissman built on these two neighboring lots in Highland Park, he decided to go as green as he could while still building houses that would appeal to the upper-end North Shore market. Designed by Nate Kipnis (see “A Place in the … Read more

Sale of the Week – Hinsdale mansion

Suburb: Hinsdale List price: $3.1999 million Sale Price: $2.65 million The Property: Designed and built in 1929 by the Buurma Brothers-the two Dutch immigrants who put up several of River Forest’s best-looking mansions-this lavishly restored, 13-room Spanish Revival–style mansion has many of its original details, including wood-inlay interior doors, a backyard allée of trees leading … Read more

Housing Bulletin – Bridgeport Village

A few years ago, the Bridgeport Village subdivision was the lead horse on the team pulling forward the housing stock in Bridgeport, the onetime blue-collar South Side neighborhood that has given Chicago five of its mayors (including, of course, Richard M. Daley). Now a significant piece of the plan is on hold because the development … Read more

New on the Market – $8.2 million Glencoe house

List price: $8.2 million The Property: Built in 1966, this 12-room house overlooking Lake Michigan has five bedrooms, approximately 9,500 square feet of living space, and a three-car garage. Bruce and Betsy D’Alba have lived there since 1991 and transformed the place from its simpler early incarnation. Today the stucco exterior has shapes and textures … Read more

Sale of the Week – University Village home

Neighborhood: University Village, ChicagoList price: $1.4 millionSale price: $1.35 million The Property: This new 4,299-square-foot, eight-room house has four bedrooms, three-plus baths, and a detached three-car garage. Situated in the fast-growing neighborhood that was once home to the ragtag Maxwell Street market, the house is close to a children’s park, a pretty, public rose garden, … Read more

New on the Market – Avondale brick-and-stone

List Price: $795,900 The Property: This new brick-and-stone house has four bedrooms, three-plus baths, two fireplaces, two laundry rooms, and a rooftop deck that sits atop a two-car garage. Three of the four bedrooms are on the second floor; the fourth is in the basement. The master bath has a steam shower with body sprays … Read more

Sale of the Week – Winnetka mansion

Suburb: WinnetkaList price: $3.775 millionSale price: $3.55 million The Property: This new 13-room mansion has six full bathrooms (plus two partials), six fireplaces, and six bedrooms; the master bedroom and two others are on the second floor, there are two more on the third floor, and the sixth bedroom is in the 3,300-square-foot basement-which also … Read more