its owner, a developer of Chicago condos, reportedly left the country as his business went belly up, is back in the hands of its original builders, who are sprucing it up before putting it..." /> its owner, a developer of Chicago condos, reportedly left the country as his business went belly up, is back in the hands of its original builders, who are sprucing it up before putting it..." /> its owner, a developer of Chicago condos, reportedly left the country as his business went belly up, is back in the hands of its original builders, who are sprucing it up before putting it..." />
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Tag: Sale of the Week
Builder Gets a Do-Over on Foreclosed Winnetka Mansion
By Dennis Rodkin
List Price: $1.98 million
Sale Price: $2 million
The Property: A Winnetka mansion that went into foreclosure when its owner, a developer of Chicago condos, reportedly left the country as his business went belly up, is back in the hands of its original builders, who are sprucing it up before putting it... Read more
Nobelist’s Prairie Home in Hyde Park
By Dennis Rodkin
List Price: $1,050,000
Sale Price: $975,000
The Property: One of five Prairie-style townhouses on a corner in Hyde Park, this home originally belonged to Robert A. Millikan, a University of Chicago physicist who won the Nobel Prize for his work on electrons and on the photoelectric effect. Read more
Old Town Gem Sells at Foreclosure
By Dennis Rodkin
List Price: $1,024,650
Sale Price: $1,195,000
The Property: This 19th-century row house, one block from Lincoln Park, was the subject of a potential seizure order by the U.S. Department of Justice in May 2009, according to documents from the Cook County Recorder of Deeds. Mihai Chezan, the developer who had... Read more
Art of the Deal — Lincoln Park
By Dennis Rodkin
List Price: $5.7 million
Sale Price: $4 million
The Property: This contemporary home, designed to accommodate an art collection, was on the market for more than three years before finally selling on February 12th. The new owners, it turns out, are also art collectors and had been looking for a showcase for their own growing collection. What’s more, the new... Read more
A Park Ridge Turkey Finally Flies
By Dennis Rodkin
List Price: $949,000
Sale Price: $857,500
The Property: The Park Ridge family who bought this new house that had stood unsold for nearly three years got the place for about half of what the builder had originally wanted. “There’s a lot that the builder put in that I don’t think he would have done if he’d known he would sell in the... Read more
Gold Coast Condo Combo
By Dennis Rodkin
List Price: $3.95 million
Sale Price: $3.5 million
The Property: A ten-room condo on the fourth floor of the 12-story 219 East Lake Shore Drive building was sold on January 20th for $3.5 million, the first sale at that prestigious address since mid-2007. Read more