The Waldorf Astoria accounted for three of the top five most expensive residential leases signed in the city this year, led by a 55th-floor unit that rented out for $46,000 per month.
Also, a Glencoe mansion sells for $2.54 million, and a retired Baker & McKenzie partner lists his Lake Forest home.
The west suburb has 14 single-family homes listed for less than $500,000, and Wilmette has 18. But don't bother looking in Kenilworth.
A venture led by Rajen Shastri of Chicago-based Akara Partners paid $3.7 million last week for a parcel at 100 W. Huron St. The broker who sold the site said the developer plans 65 condos there.
Also, a doctor pays $2.9 million in Bucktown, and a Lake Forest home fetches $1.75 million.
In the third quarter, 32.3 percent of Chicago-area homes were worth less than their mortgages, down from 36.6 percent a year earlier and a peak of 41.1 percent in first-quarter 2012, according to…