List Price: $2.395 million
The Property: “I’ve become a lover of sunrises because of living here,” John McKinven says of the circa 1938 home where he and his wife, Lynn, and their children live, across the street from Lake Bluff’s sublime blufftop Sunrise Park. Read more
How did the principals of Speedwagon Properties, a Northbrook real estate investment firm, come up with a corporate moniker that riffs on the name of a classic-rock act? In real estate parlance, foreclosed property that is in the hands of a bank is often called REO, for Real Estate [Department] Owned. So it was probably inevitable... Read more
The Properties: What kind of house does $1 million buy in Chicago right now? A fixer-upper. At least, that’s what three homes in the city that have each sold for exactly $1 million since July 1st have in common: They all have rehab ahead or, in one case, demolition... Read more
List Price: $1.049 million
The Property: She’s the queen of Old Irving Park, a Queen Anne–style house built in 1889 as a model home for what was to be an entire village of Queen Annes. Read more
UP!: While the local housing market struggles to climb out of the doldrums, wealthy would-be homeowners are plunking down sky-high sums for lofty, luxurious homes in new downtown condo towers. What’s driving those sales? Timing, timing, timing Read more
List Price: $2.4 million
Sale Price: $2.275 million
The Property: The lawyer and politician Richard J. Phelan and his wife, Barbara, sold their 21st-floor condo at 840 North Lake Shore Drive on June 28th. Read more