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Tag: Sale of the Week
A Bargain Near Maxwell Street
By Dennis Rodkin
List Price: $836,900
Sale Price: $801,000
The Property: This 14-room house was sold new four years ago for $1.207 million, and then sold again last week as a foreclosure for $801,000—or 33 percent off the 2006 price... Read more
Calamos Investment President Sells at a Loss in St. Charles
By Dennis Rodkin
List Price: $2.5 million
Sale Price: $2.4 million
The Property: Nick Calamos, president of investments at Calamos Investment Management, a Naperville firm with $29.9 billion in assets under its control, last week sold a 21-room pondside home in St. Charles... Read more
Gouletas Son Short-Sells Penthouse at the Sterling
By Dennis Rodkin
List Price: $899,000
Sale Price: $885,000
The Property: In 2001, when Nicholas V. Gouletas was an executive with the family-owned firm that built the Sterling at 345 North LaSalle Drive, he posed for a publicity photo slicing into a five-foot-tall cake in the shape of the 50-story building. More recently, he did some cutting of a different kind, slashing the price on his 2,700-square-foot, 47th-floor condo... Read more
What $1 Million Buys This Month
By Dennis Rodkin
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
Dick Phelan Pulls Up Stakes in Chicago
By Dennis Rodkin
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
Mrs. McCormick’s Lake Forest Teahouse
By Dennis Rodkin
List Price: $1.5 million
Sale Price: $1.05 million
The Property: Nestled into the trees at the edge of a ravine in east Lake Forest, this tile-roofed teahouse is a remnant of Walden, the 80-acre lakefront estate of Cyrus H. McCormick II. Built in the 1920s, it was converted to a house in the 1950s... Read more
Coach DiNardo Executes a Switch Play
By Dennis Rodkin
List Price: $1.5 million
Sale Price: $1.25 million
The Property: Two years ago, this 13-room house in Western Springs seemed like a good fit for the former college football coach Gerry DiNardo, who was moving with his family from southern Indiana to Chicago... Read more
Wilmette Home of Arrested Trader Sells
By Dennis Rodkin
List Price: $1,269,000
Sale Price: $1,275,000
The Property: A Wilmette home that the commodities trader Jay Nolan forfeited to the U.S. government last December has been sold. Read more
Townhouse Penthouse at Lakeshore East
By Dennis Rodkin
List Price: $2,800,000
Sale Price: $3,216,098
The Property: Situated south of the Chicago River and west of Lake Shore Drive, downtown’s Lakeshore East is best known as a neighborhood of dramatic new high-rise towers, including Aqua and 340 on the Park. But in its southeast corner... Read more
Cubs' Board Member Laura Ricketts Buying House on Wilmette Lakefront
By Dennis Rodkin
List Price: $6.5 million
Sale Price: Not known
The Property: Laura Ricketts, one of four members of the Ricketts family on the board of the Chicago Cubs, is in the process of buying a $6.5-million lakefront house in Wilmette with her partner, Heidi Grathouse, real-estate sources in Wilmette confirm... Read more