List Price: $979,000
Sold Price: $949,000
The Property: This Riverwoods house sold on May 5th for 9.6 percent less than the sellers had paid for it just 14 months earlier. The sellers—Janice Ferri Esser, a writer for TV soap operas, and her husband, Robert Esser—were not able to sell their prior home, according to the listing sheet for this property, so they...

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List Price: $799,000
The Property: While Jersey Avenue on Chicago’s Northwest Side is fairly noisy with traffic, this house and its five same-style neighbors create a wall that hides the quiet, leafy treasure that lies behind them: a long stretch of...

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Before Neumann Homes went into bankruptcy last November, it was the ninth-largest builder in the Chicago area, with subdivisions going up in a string of towns along the outer edge of the suburbs. The company’s tumble, which its CEO, Ken Neumann, acknowledged was due to over-exuberant expansion, sent yet another shockwave through...

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List Price: $587,500
The Property: Today, everybody loves Bertrand. But in 1957, before the iconic corncob towers of Marina City made Bertrand Goldberg a beloved Chicago architect, he had to revamp his plans for this house in Flossmoor twice because village officials didn’t like his...

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The latest report from Appraisal Research Counselors (ARC), whose finger is always on the pulse of Chicago’s downtown condominium market, indicates that even if the shine is gone from condos as investment vehicles, the overwhelming majority of people who bought a few years ago in buildings now being finished are sticking with their contracts.

Why is that news? Well, a spike in the number of buyers opting to back out of their deals—leaving their upfront cash deposits in the hands of...

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