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RESIDENTIAL REPORT

Developers propose 36 condos in East Village

Alex Nakonechny of SmartTech Homes and investor Rogelio Llamedo drop town home plan for property that has sat fallow since they bought it in 2005. 

Chicago-area home sales up 18% in March

Sales of Chicago-area homes kept rolling in March, marking 21 straight months of year-over-year sales gains. 

Who owns Cook County's biggest homes?

Seven of the county's 10 largest are in northwest suburbs including Barrington, Barrington Hills and Inverness, according to the assessor. See a photo gallery. 

Venture capitalist seeks exit from Kenilworth home

Also, a Hinsdale house sells for $1.2 million and @properties opens another north suburban office. 

Developers propose 40 condos in West Loop

A venture of Foxford Construction and Kilkee Builders plans three- and four-bedroom units at Green Street and Jackson Boulevard. 

Former Ulta chief lists in Hinsdale

Also, a Bucktown home sells for almost $2.28 million and retired White Sox player Frank Thomas lists in Libertyville. 

Chicago home rental market delivers good, not great, returns

Chicago ranks 46th in a survey of investment returns in 180 U.S. metropolitan areas, but fourth in the 10 biggest. 

Trader lists in Lincoln Park

Also, an ex-Blackhawk sells in Hinsdale, and a Glencoe home fetches almost $1.28 million. 

Illinois foreclosure activity falls in March

But the state still had the nation's third-highest foreclosure rate, a new RealtyTrac report shows. 

Developer picks condos over apartments for West Loop site

JRG Capital plans as many as 69 units, its first condo development since the crash. 

Rand McNally CEO lists Wilmette home

Also, a Mayer Brown partner buys in Winnetka and a Long Grove home sells for $1.8 million. 

Chicago builder takes over Michigan Avenue condo project

Less than a year after starting boutique conversion, Louis D'Angelo sells five-unit development to LG. 

Private-equity exec asks $4.5 million in Gold Coast

Also, a bank-owned Burr Ridge mansion fetches about $1.4 million and a Lake Forest home is listed for $2.05 million. 

Local home prices inch higher in February

Home prices in the Chicago area edged higher in February from a year earlier, but not as much as they did in other big U.S. cities. 

Departing interim Navistar CEO lists Hinsdale manse

Also, a lawyer on leave from Kirkland & Ellis sold his Lincoln Park home, and a new Wilmette home fetches almost $1.68 million. 

Developer starts 14-unit condo project in Lakeview

A venture of Noah Properties LLC is building the three- and four-bedroom units on a formerly bank-owned parking lot on Ashland near Grace. 

Illinois foreclosure activity four times national average

The number of Illinois homes in some stage of foreclosure rose at a much higher pace than the rest of the country in the first quarter, according to RealtyTrac. 

Developer pays $4.5M to replace Lincoln Park condos with mansion

Homebuilders who used to assemble lots to make a larger site are now putting together condos, especially in neighborhoods where development opportunities are scarce. 

Ex-Chicago Board of Ed chief Williams lists in Lincoln Park

Also, the new president of Diners Club International paid $1.42 million for a home in Winnetka, while McDonald's Corp.'s director of innovation has bought in Glenview. 

Chicago-area home prices fall for fifth straight month

The index for local single-family houses was down 0.9 percent in January compared with December, according to S&P/Case-Shiller data. 

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