Also, a bank-owned home in Northfield goes for $1.78 million, and a Glencoe home fetches almost $1.73 million.
(Reuters) — Fairholme Capital Management has proposed to buy the insurance businesses of Fannie Mae and Freddie Mac, a move that seeks to resolve the uncertain future of the mortgage financiers …
The transaction creates the second-largest residential brokerage in the Chicago market, combining two of the city's largest and best-known firms in the field of high-end homes.
Developers closed 159 sales downtown in the third quarter, up slightly from the second quarter and a year earlier, according to a report that also showed that the supply of unsold condos is at its…
Also, a Gold Coast condo goes for almost $2.9 million and a Hinsdale home sells for less than its 1999 price.
Cook County got 141,183 assessment appeals this year, up 6.4 percent from last year, according to the assessor.
Also, a real estate executive pays almost $3 million, and a Winnetka home is listed for nearly $7 million.
2013 is expected to reach a five-year high, but prices still aren't high enough to justify much in the way of fresh development, which only reduces the supply of new homes.
Also, a physician buys a unit at Lincoln Park 2550, and a Glencoe home sells for $1.5 million.
The multi-billionaire founder of investment research firm Morningstar, is selling a condominium overlooking North Michigan Avenue that served as his parents' pied-à-terre.
An investment firm launched by Jerry Reinsdorf and investor Robert Judelson looks to accelerate the pace of profits from a busted condo deal, putting up for sale 47 unsold units in a development in…
Also, a Winnetka home sale barely beats its 2008 price even after upgrades, and an AT&T exec lists a Kenilworth home.
Prices for metro-area homes rose 8.7 percent in August compared with the year-ago month, according to the new S&P/Case-Shiller report.
Developer Bart Przyjemski plans to build 30 condos on an industrial site in the North Center neighborhood, betting again on a formula that tries to combine attractive design with relatively low…
Also, a former executive with Nuveen Investments has put his lakefront mansion in Winnetka back on the market for nearly $6. 9 million, and a trader has paid $2. 9 million for a house in the Old Town…
Emily Sachs Wong has sold more than $100 million in property this year.
D.R. Horton spent less than $5 million for property in the far southwest suburb where it plans 265 homes, hoping schools, the extension of I-355 and relatively affordable prices attract buyers.
Also, a Hinsdale home sells for $2.1 million, and a bank-owned Burr Ridge property fetches $2.45 million.
Also, the Chicago Sky's majority owner lists a Winnetka teardown, and R. Kelly's former mansion sells.
Orleans Homebuilders is starting to market 51 homes at sites in Hawthorn Woods, Bartlett and Glen Ellyn. Prices will range from the $260,000s to the mid-$600,000s.