Last week an apartment developer announced that it is starting construction on a 21-story River North building whose site, architectural plans, and name—Parc Huron—it bought from the condo developer Lennar, which cancelled the project eight months ago. But that doesn’t mean the project will change all that much. “It had  already been through...

" /> Last week an apartment developer announced that it is starting construction on a 21-story River North building whose site, architectural plans, and name—Parc Huron—it bought from the condo developer Lennar, which cancelled the project eight months ago. But that doesn’t mean the project will change all that much. “It had  already been through...

" /> Last week an apartment developer announced that it is starting construction on a 21-story River North building whose site, architectural plans, and name—Parc Huron—it bought from the condo developer Lennar, which cancelled the project eight months ago. But that doesn’t mean the project will change all that much. “It had  already been through...

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Last week an apartment developer announced that it is starting construction on a 21-story River North building whose site, architectural plans, and name—Parc Huron—it bought from the condo developer Lennar, which cancelled the project eight months ago. But that doesn’t mean the project will change all that much. “It had  already been through...

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List Price: $1,299,000
Sale Price: $820,000
The Property: The builder who replaced an older home with this house did not complete it before his lender ended up selling it in November—for less than the builder had paid to buy the lot in 2005. The new owners are not only completing construction, but they are re-doing some of what...

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Inventory of the region's high-end homes eclipses their rate of sale Read more

List Price: $675,000
The Property: Perched beneath towering oak trees atop a steep ridge, this Italianate house on an enormous parcel of land is within the city limits but feels more like something you would find in a small country town—maybe Galena, where...

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While there is pressure on President-elect Barack Obama to help resuscitate the nation’s moribund real-estate scene, he has already helped at least one very localized segment of the Chicago market: Kenwood.  Obama’s historic election has drawn worldwide attention to his....

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List Price: $6.255 million
Sale Price: $5.55 million
The Property: Set apart from its Lake Forest neighbors by a private wooden bridge, this 19-room mansion sits on two and a half acres alongside a sylvan ravine. The house sold in November after its owners, Joseph and Sarah Tripodi, dropped their asking price by ten percent as part of Coldwell Banker’s nationwide sales-stimulus...

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