Three South Loop condo buildings, left with so many unsold units in the bust years that they were vertical ghost towns, are being brought back to life together by a company that bought 504 units from their original developer in a “deed in lieu of foreclosure” deal... Read more
Vacant foreclosed properties dot the map of Chicago and its surrounding suburbs. So think of the new Cook County land bank as housing’s Georges Seurat; it’s trying to arrange all those individual dots into something new and better... Read more
Last August, David McClain and Sanaa Hachem paid $475,000 for a 106-year-old house in Beverly. They knew the place was in bad condition, but they expected to spend about $175,000 and six months restoring the home. “We were excited to do this renovation,” Hachem said.... Read more