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Tag: Sale of the Week
Foreclosure on the 59th Floor
By Dennis Rodkin
List Price: $1.310 million
Sale Price: $1.150 million
The Property: Not Chicago’s highest-priced foreclosure, but its highest off the ground, this penthouse on the 59th and 60th floors of Millennium Centre (at 33 West Ontario Street) tops the previous high... Read more
Most Expensive Wilmette House Sale Since 2008
By Dennis Rodkin
List Price: $5.3 million
Sale Price: $4.75 million
The Property: This 16-room house with about 135 feet of Lake Michigan beach was sold in April for the highest price paid in Wilmette in nearly two years. Built in 1968 by Hemphill, a company that built thousands of high-end North Shore homes over several decades, this residence was greatly expanded in the mid-1990s, after the then-owner, William De Nicolo, demolished the house next door... Read more
Former Treasury Secretary Henry Paulson Buys a Downtown Condo
By Dennis Rodkin
Henry M. Paulson Jr., the former secretary of the U.S. Treasury, has bought a downtown Chicago condo with his wife, Wendy. According to information from the Cook County Recorder of Deeds, in mid-April the Paulsons paid $1.45 million for a three-bedroom, 2,500-square-foot... Read more
Kenwood's Magerstadt House Sells Without Going On Sale
By Dennis Rodkin
Sale Price: $2.325 million
The Property: The Magerstadt House, a Prairie school landmark ornamented with a poppy motif, a gold-leaf mural, and other distinctive details specified by the Chicago architect George Maher, hadn’t even been on the market when it was sold on April 30th... Read more
A Spring Awakening in Hinsdale
By Dennis Rodkin
The Properties: The homes pictured here are three of the nine Hinsdale houses that sold for $1 million or more between April 15th and April 29th. That’s up from four sold last year in the same two-week period and just one house sold in that time frame in 2008. Read more
Fred Latsko Sells His Unfinished Gold Coast Rehab
By Dennis Rodkin
List Price: $5.75 million
Sale Price: $5.25 million
The Property: On April 15th, the developer and socialite Fred Latsko sold this Gold Coast chateau with its extensive rehab still unfinished. Mary Bennett, the sales agent for Latsko and his wife, Julie, says that her clients planned to live in the house, “but it didn’t work out that way.” She says that the buyer—identified in public documents as... Read more
Glenview Foreclosure Sparks a Bidding War
By Dennis Rodkin
List Price: $990,000
Sale Price: $1,355,000
The Property: In another sign that homebuyers may be turning their attention to the bargains available on the foreclosure market, the bank that had control of this 16-room Glenview house received seven offers... Read more
A Horseshoe-Shaped House with a Colts Connection
By Dennis Rodkin
List Price: $1.495 million
Sale Price: $1.425 million
The Property: The bland façade of this U-shaped Winnetka house, with its front door set in a wall of glass, only hints at what lies inside: glass walls on three sides of a courtyard that give the... Read more