Our annual survey of home prices in 288 Chicago neighborhoods and suburbs. Plus: Eight true-life stories that reveal the perils and pluses of the volatile local housing market Read more
Last Friday I was part of a panel on WBEZ discussing Chicago’s failed Olympic bid. Asked to anticipate the impact of the decision on the local housing scene, I responded essentially as I would have had Chicago emerged a winner: Not much. Read more
This is one of the rougher properties we have, but somebody’s going to turn it around,” Kristian Harris said as we stood in the bashed-up bathroom of the house at 6027 South Marshfield in Englewood. The plumbing fixtures were all out of order, the floors and walls were beaten up, and... Read more
List Price: $4.2 million
The Property: A new ten-room residence on a quiet block-long street that ends at a Lake Michigan overlook, this house has an overlook of its own: a super-sized third-story terrace with a view over the ranch house next door to the lake. Read more
Each October, with help from Midwest Real Estate Data (MRED), Chicago publishes its annual real-estate chart, which, among other things, shows the average price of a house in all 77 city neighborhoods and more than 200 suburbs. The chart also notes how this year’s prices compare to the prior year and to 1994, the earliest year for which MRED has data for most of those neighborhoods and towns. Usually that comparison with 1994 is a heartening measure of the long-term growth in the value of a Chicago-area home. Read more
List Price: $999,000
Sale Price: $912,500
The Property: Deanna Dunagan, who won a best actress Tony Award for her performance as a matriarch addicted to painkillers in August: Osage County, has bought a vintage condo overlooking Lincoln Park... Read more