Category: Bizarre

Update On Union Row Townhomes - That Bizarre Location

Update On Union Row Townhomes - That Bizarre Location
Back in 2008 Chicago real estate developers thought they could sell just about anything to real estate hungry consumers. And Belgravia Group, an otherwise highly respected Chicago real estate developer, decided to push the limits on that theory when they built the Union Row townhomes on 16th St., literally right next to the Dan Ryan... Read more »

Villa Taj: Burr Ridge's Albatross Mansion

Villa Taj: Burr Ridge's Albatross Mansion
For almost as long as we’ve been in business there has been a lonely mansion in Burr Ridge at 6501 S County Line Rd that has been looking for someone to love it. Once known as Villa Taj and later as Palace Royale, it has been on and off the market through the years, starting... Read more »

Real Estate Agent Nonsense: Low Commissions Are Bad For Home Sellers

Real Estate Agent Nonsense: Low Commissions Are Bad For Home Sellers
A little over a month ago a Tampa, Florida real estate agent published a blog post wherein he “proved” that home sellers are better off paying a high commission to their real estate agent: How Commissions Effect [sic] Sales. About a week later the story was picked up by Inman, a real estate industry news... Read more »
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Chicago's Most Expensive Homes: Even More Bizzare Pricing On That Converted Substation

Chicago's Most Expensive Homes: Even More Bizzare Pricing On That Converted Substation
Remember this converted substation on the Gold Coast at 924 N Clark St? It remains one of Chicago’s most expensive homes on the market. I recently posted on their bizarre pricing strategy after they raised the price back up to $13.9 MM. Well, the story gets even stranger. About 1 1/2 weeks ago they raised... Read more »

The Logic Of The Pocket Listing - Why Not List On The MLS?

The Logic Of The Pocket Listing - Why Not List On The MLS?
There is no shortage of real estate mythology, superstitions, and old wives’ tales but one of the strangest concepts is the pocket listing and I think I’m due to weigh in on it since there seems to be an upsurge in the use of this strange technique in the face of a hot real estate... Read more »

Dennis Rodman To Develop Luxury Condominiums At Former Chicago Spire Site

Dennis Rodman To Develop Luxury Condominiums At Former Chicago Spire Site
Today US Ambassador to North Korea and recurring Celebrity Apprentice contestant, Dennis Rodman, announced that he will be heading up the development of a cutting edge condominium project at the former site of the Chicago Spire. The 27 story masterpiece was inspired by Rodman’s close working relationship with Donald Trump and his recent meetings with... Read more »
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Villa Taj In Burr Ridge: From $25 Million To $3.1 Million

Villa Taj In Burr Ridge: From $25 Million To $3.1 Million
By Sari Levy A few years back, I wrote about Villa Taj, the 30,000 plus square foot monstrosity of a homelocated at Plainfield and County Line Road in the distinguished town of Burr Ridge. The museum looking homeonce listed for sale for a mere $25 million dollars. At that time, I speculated the property might... Read more »

Would You Pay $9.9 Million For This 980 Square Foot Home?

Would You Pay $9.9 Million For This 980 Square Foot Home?
This has to be the strangest listing in Chicago that I’ve ever seen – also the most overpriced one. David Piche of Remax just listed a 980 square foot 4 bedroom, 2 bath single family home at 3710 N Kenmore in the Wrigley Field Adjacent Area for the bargain price of $9.9 MM. The lot... Read more »

The Ultimate In Home Security - From South Africa

There’s this email that has been circulating for a while allegedly showing a home in South Africa that has the ultimate in home security. There are also a few Web sites going back to April that show these same photos – usually with the title Home Security South African Style. The house is amazingly cool... Read more »
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Most Expensive Chicago Area Mansion Heads to Auction Block October 29

Serving suburbs like Hinsdale and Oakbrook, I’m no stranger to jaw dropping and inspiring luxury properties but every once in a while a house really gets my attention. That property is “Le Grand Reve” (The Big Dream), located in Chicago’s affluent north shore suburb of  Winnetka, Illinois.  It is truly an architectural wow.  Built by Richard Landry Design Group,... Read more »