All Entries Tagged With: "chicago mansions"
Chicago Mansion Goes for Half Its Original Price
Sometimes you have to lower the asking price of your home in order to sell it, especially if your home is the most expensive piece of Chicago real estate on the market. Jamie Dimon, CEO of JPMorgan Chase & Co., first listed his Gold Coast mansion, at 25 E. Banks St. in Chicago, in 2007 [...]
Castle Can Be Yours, But Don’t Expect to be Friends with the Neighbors
You may have seen it as you drove along the Kennedy Expressway; it’s the mansion that looks like a castle. Its famous owner, who never moved in, has put it up for sale. Rudy Acosta, who started his own Chicago-based, hip-hop recording company called The Legion Records and made a lot of money doing it, [...]
Multi-Million-Dollar Chicago Mansion Under Contract
Guess not everyone is affected by the struggling Chicago real estate market: An East Lincoln Park mansion with an asking price of $8.5 million is under contract after being on the market for less than a month. The three-story, single-family home, located at 1866 N. Howe St., was built in 2004 on a double lot [...]
Cubs President Gets Winnetka Estate for a Steal
Cubs president Crane Kenney has purchased a Winnetka home for close to half its original asking price. Kenny and his wife, Kelly, paid $1.5 million for the 3,791-square-foot mansion, 1010 Mt. Pleasant St., which was first listed for $2.2 million in July of 2008. The private home, located on a cul-de-sac, was reduced to $1.9 [...]
Former Bull Nets Home Sale, $1 Million Loss
Former Chicago Bull Ben Wallace got rid of two things on April 1: His Lake Forest mansion and close to $1 million. And that’s no April Fool’s Day joke. Wallace sold his 6,983-square-foot home last Thursday for $2.0575 after paying $3 million for the Lake Forest estate in 2006. Built in 2005, the gated estate [...]
