Even $1 million homes vulnerable to teardowns in hot neighborhoods
In Chicago's Lakeview neighborhood, an ugly home with awnings in the 1100 block of West Barry Avenue sold for $500,000 late last year. In its place now stands a five-bedroom...
Home > Reviews
All Stories
Spire bankruptcy nears end, new investor emerges
A bankruptcy reorganization plan for the company behind the Chicago Spire was confirmed in federal court Tuesday, as a new potential investment partner emerged in developer Garrett Kelleher's quest to...
Portage Park earns historic bungalow district designation
An 11th neighborhood of Chicago bungalows has been named to the National Register of Historic Places, giving another group of city residents bragging rights, as well as a potential property...
Chicago-area rents rise while occupancy stays steady
Higher rents in the Chicago area and a boom in apartment-building construction didn't dent occupancy rates during the third quarter. The average monthly rent, after move-in specials, for an apartment...
Chicago home prices still moving up, but at slower pace
Home prices in the Chicago area posted their fifth consecutive month of improvement in July, but like the rest of the nation, the gains are slowing, according to the S&P/Case...
Einstein bagels parent to be acquired by majority owner of Peet’s, Caribou Coffee
Bagel purveyor Einstein Noah Restaurant Group Inc. said on Monday that it is being sold to JAB Holding Co., majority owner of coffee companies that include Peet's Coffee & Tea...
Weak home sales create a market full of unknowns
There's still a ways to go before 2014's housing market wraps up, but industry watchers are already looking ahead to next year. So, too, are potential buyers and sellers who...
Land bank wants Fannie, Freddie to donate homes
The Cook County Land Bank may have as many as 30 properties in its portfolio by year's end, but it is aiming much higher for 2015 and expects Fannie Mae...
Mortgage rates fall back after hitting 4-month high
Average fixed mortgage rates moved back down this week after last week's uptick.The average rate on a 30-year, fixed-rate mortgage was 4.20 percent this week, down from 4.23 percent last...
Local housing market’s cool-off continues
Existing home sales in the Chicago area fell more than 13 percent in August, the biggest monthly year-over-year decline since June 2011, according to data released Monday. The report from...