Category: Sad story

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 »

The Sad Story Of Chicago Area Home Prices In One Graph

The Sad Story Of Chicago Area Home Prices In One Graph
A couple of days ago I did my monthly post on the Case Shiller home price index and how slowly Chicago area home prices have been rising – especially when compared to the rest of the nation. The Chicago real estate market has been appreciating at the second to the lowest rate among the 20... Read more »
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Illinois #1 In Nation For Residents Leaving The State

Illinois #1 In Nation For Residents Leaving The State
Isn’t it great to be #1? Well, not when it’s a list of states sorted by people fleeing the state. And that’s the list contained in United Van Lines’ National Movers Study, released last month, where they calculate the percentage of total moves that are from the state (as opposed to to the state). They... Read more »

The Sad But Colorful Story Of Frank Thomas' Massive Oakbrook Mansion

The Sad But Colorful Story Of Frank Thomas' Massive Oakbrook Mansion
I have to admit that I didn’t know who Frank Thomas is. I don’t follow sports at all so I had to look this guy up to find out that he’s a former White Sox baseball player. I guess he was pretty good. Good enough to afford building a 41 room, 26,000 square foot mansion... Read more »

The Challenge Of Buying New Construction Homes In Chicago

The Challenge Of Buying New Construction Homes In Chicago
Buying a home is challenging enough but if you are buying a new construction home in Chicago before it’s completed you have a special challenge on your hands. I would imagine that this is a problem everywhere but I can only speak to what the market is like in Chicago, given the conventions for builders... Read more »
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2965 N Sheridan Rd, Chicago: The Lake View House That Hasn't Sold In 6 1/2 Years

2965 N Sheridan Rd, Chicago: The Lake View House That Hasn't Sold In 6 1/2 Years
This is a pretty sad story of a single family house that has been on and off the market for 6 1/2 years in Chicago’s Lake View neighborhood, in the Nettelhorst school area. It is located at 2965 N Sheridan Rd and first went on the market in March 2007 for $2.8 MM but is... Read more »