architect and builder behind a new house at 135 Oak Street..." /> architect and builder behind a new house at 135 Oak Street..." /> architect and builder behind a new house at 135 Oak Street..." />
This summer and fall, a new crop of students will be arriving in Chicago to start their studies at the city’s various law, medical, and other postgraduate programs—and each of those students needs a place to live. Leave it to two recent grads of Northwestern University’s Kellogg Graduate School of Management to see a splendid business opportunity in... Read more
The Wheaton townhouse her client wanted to sell needed a bit of dressing up, but the real-estate agent Laura Reedy Stukel thought that putting away some of the sports memorabilia and buying fashionable new bedspreads was only a first step... Read more
Together, the many empty, unsold builder houses sprinkled around Chicago and the suburbs constitute a kind of scattered-site ghost town. But in the past few weeks, there have been signs of life—in the form of short sales and huge preforeclosure price cuts that have put living families into some of those homes, and that may do the same for many more in the near future... Read more
Last week, the first four buyers closed on their condos in one of the city’s most improbable building conversions, the top ten floors of the slab-like, 50-story 55 E. Monroe office building, which has been transformed into a residential block called Park Monroe... Read more

When checking out the highest-priced home sales in the Chicago area, the two suburbs where I most often wind up are Lake Forest and Winnetka. While other towns (Hinsdale, Kenilworth, Glencoe) have lots of high-end sales, these two towns are perennially near the top of Chicago’s rankings for the number of sales at a million dollars or more (usually behind Chicago’s Gold Coast and... Read more

On Monday, February 9th, Duane Ehresman received a Chicago Neighborhood Development Award for his work preserving 153 low-cost apartments in five buildings in North Lawndale. It’s the latest project in Ehresman’s 28-year career of creating and managing affordable rental housing in Chicago; in that time, he has had a hand in the renovation of almost 1,500 housing units for low-income people... Read more