Archive for June 2011

Remember when North Shore teardowns were hot?

Six years ago builders seeking North Shore teardown lots were as common as flower-munching deer in Highland Park. Today I can find only 4 homes listed as teardown candidates on the North Shore, three in Glencoe and one in Winnetka. Listings for vacant land are also scarce and many of those listings have lingered on... Read more »

How much have home prices declined in your North Shore ZIP Code?

The Wall Street Journal has a useful interactive map of home price declines – from peak levels – presented on a map by ZIP Code. The color-coding on the map instantly makes clear that there’s been wide variability in price declines among Chicago’s regions and ZIP Codes. That fact helps put the widely-watched Case-Shiller data... Read more »

North Shore real estate news roundup

Not all of the stories linked below qualify as actual “real estate news,” but they may affect your decision on where to move. If you’re homeward bound to the North Shore, the local media can help you learn the flavor of the different communities. Nine-story mixed-use building proposed in Evanston Evanston authorizes $100K to clean... Read more »

The most beautiful home on Evanston's lakefront

When I saw listing copy describing 581 Ingleside in Evanston as the “most beautiful lakefront home” I was skeptical. So, I called the listing agent, Sally Mabadi in Evanston of Prudential Rubloff and arranged a tour. A quick walk around the home and the grounds quickly overcame my skepticism. If this isn’t the most beautiful... Read more »

Former Bull sells Northfield home for less than half his cost

In the 60s, leopard-patterned cloth was all the rage. Back then, it seemed that every other sofa was upholstered in it, or at least sported several leopard throw pillows. You don’t see leopard patterns often these days, unless you wander, as I did, into the master closet of a home once owned by a former... Read more »

A Kenilworth starter home is back, with a price chop

In October of 2009 I visited an open house at 611 Roger Ave in Kenilworth and shot the above video with one of the owners. Back then the home had been on the market for 6 months and was priced at $595,000, after several price reductions. The 3-bedroom, 2 ½ bath home just came back... Read more »

Is this the finest lakefront property on the North Shore?

Is this the finest lakefront property on the North Shore?
Chicago’s North Shore is speckled with spectacular lakefront mansions in idyllic multi-acre settings, a fact that instantly triggers skepticism when you encounter one, newly listed for $5.25M, that purports to be the “finest lakefront property on [the] North Shore.” The 5-bedroom, 4 ½ bath, 1950s-era home at 581 Ingleside Park in Evanston is on a... Read more »

Development or dream home on 37-acre lakefront site?

Crain’s Chicago Real Estate Daily is reporting that a joint venture of the U.S. Navy and Forest City Enterprises is selling 37 acres with 1,100 feet of Lake Michigan frontage at the former Fort Sheridan military complex. The asking price for the property, which is in Highland Park and Highwood, is $25 million. Although the... Read more »

Remembering Doug Ayers, a great friend of Chicago real estate

Doug Ayers, who in the past decade led two of the largest residential brokerages in Chicago, Koenig & Strey and Coldwell Banker, passed away last Friday at age 50 after a battle with cancer. Above all, Doug encouraged the absolute best in people and did it in an inspirational manner. Nancy Nagy, interim COO at... Read more »

A Colorado-style home in Wilmette's Indian Hill Estates

The recently-listed 6-bedroom home at 1045 Romona Rd sits on a secluded half-acre lot with an in-ground pool and hot tub. The site is larger than you’ll find in most of Wilmette, even in Indian Hill Estates. And the home is unusual, with a 2-story family room and an open, flowing plan oriented toward the... Read more »