Dennis Rodkin

At the height of the condo boom, many investors snapped up under-construction condos, planning to turn around and sell them upon or shortly after completion. In the crash years, reselling has proved difficult, leaving some investors bleeding money as their condos sit unsold. Justin Elliott, the founder and CEO of Chicago Apartment Finders (which leases about 6,000 apartments each year), suggests that investors consider renting those condo until the market becomes more stable... Read more

Yesterday, Antonio Davis, who spent two seasons with the Chicago Bulls, closed on the sale of his Burr Ridge home for $2.75 million. That’s $1 million less than the $3.75 million he had been asking for the 13-room house at the beginning of the year. It was the second house Davis had sold in the Chicago area in the past few months... Read more

Over the past week, two Chicago real-estate companies beefed up their online presence. On October 30th, @Properties went live with its upgraded site, and Dream Town Realty followed suit on November 3rd. Last week, both companies gave me a prelaunch look at their new sites, and I was impressed... Read more