Tag: Housing Bulletin
By Dennis Rodkin
UPDATED Municipal leaders in Forest Park are eying a failed condo and townhouse development as an ideal place to expand the village’s 12-acre Station Park. But first voters must approve the plan in a referendum scheduled for next spring... Read more
By Dennis Rodkin
In the good old days (that is, a couple of years ago), buyers of new homes still under construction had a period of at least several months in which to sell their older home while waiting for the new one to be finished. But now, with a lot of new residential inventory standing ready to go, Jeff Benach, a builder, has found that most potential buyers show up at... Read more
By Dennis Rodkin
On four days in late June, 134 single-family homes, townhouses, and condos in six developments scattered around Chicago and the suburbs will go up for auction. These are not foreclosures but developer closeouts—meaning that the developers have unsold units they want to move... Read more
By Dennis Rodkin
The ten-bedroom Lake Forest house that Bill Wrigley bought in January 2003 for $9.9 million is on the market, with an asking price of $16 million. The offering is being handled as an “exempt” listing, meaning that it will not appear on any listing service or be publicized in any way. But Deal Estate learned that Lake Forest real-estate agents received guided tours of the candy-colored Italianate mansion and its lakefront grounds on May 19th. The listing agents, Ned Skae and Beth Marquardt of Prudential Preferred Properties, would not speak about... Read more
By Dennis Rodkin
If you’re in the market for a vacation home in Southwest Michigan, drive over to New Buffalo this Memorial Day weekend and drop by the three-day open house at the Diamond Point development, where 11 townhouses and one single-family home are going up for auction on June 6th. You will need to bone up on the rules... Read more
By Dennis Rodkin
A lavishly renovated Lake Forest home atop a bluff overlooking Lake Michigan, formerly priced at $11.495 million, is the subject of a May 5th “foreclosure pending” filing by its bank. But the home’s developer says that he may yet sell the property before any foreclosure suit can move ahead... Read more
By Dennis Rodkin
The developers of two South Loop condo high-rises less than two blocks apart struggled through 2008 as they tried to sell units in the buildings. Then, this March, a big block of condos in one of the projects went on the auction block. The result was a flurry of sales not only at that building but, later, at the... Read more
By Dennis Rodkin
Prospective buyers who tour a house listed for sale at $899,900 in Naperville’s Ashwood Park subdivision may think the sellers have just stepped out for a moment. After all, there is food in the refrigerator, dishes in the cabinets, and clothes in the closets. The place looks lived in—albeit very neatly lived in... Read more
By Dennis Rodkin
Scattered around the main concourse of Michigan Avenue’s Shops at North Bridge are the little kiosks where you would usually pick up some fun sunglasses or an iPod cover—and now, maybe, a $2-million condo.
A few weeks ago, Tricia Fox, a high-end agent at Keller Williams on the Gold Coast... Read more
A few weeks ago, Tricia Fox, a high-end agent at Keller Williams on the Gold Coast... Read more