From the category archives:

Luxury

CAR 2010 Economic Forecast Highlights: Strong buyer’s market for $1M+ downtown Chicago condos

Thumbnail image for CAR 2010 Economic Forecast Highlights: Strong buyer’s market for $1M+ downtown Chicago condos January 29, 2010

Yesterday I attended the Chicago Association of Realtors’ 2010 Economic Forecast. Last year I wrote a few blog posts about the 2009 Economic Forecast. Gail Lissner with Appraisal Research Counselors was one of the panelists again this year. One of her slides that caught my attention is shown below.
The graph compares the number of downtown [...]

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Ten East Delaware Condos include porter & other services

Thumbnail image for Ten East Delaware Condos include porter & other services December 8, 2009

Yesterday I showed 5 condos in the Near North Side and West Loop to buyers from NYC who are accustomed to having a porter in their building. While all of the 5 buildings we visited have a door person, only Ten East Delaware (shown left) will also provide a porter when units start closing this [...]

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Baird & Warner named “Favorite Luxury Real Estate Services”

Thumbnail image for Baird & Warner named “Favorite Luxury Real Estate Services” November 18, 2009

Baird & Warner’s Luxury Portfolio program was recently honored by real estate professionals as “Favorite Luxury Real Estate Services” for Chicago’s suburbs in the annual Agents’ Choice Awards sponsored by Chicago Agent Magazine. Agents’ Choice Award winners were selected by Chicago Agent Magazine’s readers, who voted on 17 different categories through an online poll.
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Steve [...]

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Baird & Warner lists Chicago’s highest priced residential listing for $14M

Thumbnail image for Baird & Warner lists Chicago’s highest priced residential listing for $14M November 8, 2009

Today’s Sunday Chicago Tribune article, “Wrigley chairman’s Gold Coast penthouse listing is city’s most expensive“, details Bill Wrigley Jr.’s sale of his Gold Coast penthouse for $14M. Mr. Wrigley is the chewing gum heir and chairman of Wm. Wrigley Jr. Co.
The condo is listed by Baird & Warner agents, Brian White and James Kinney. The [...]

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Rogers Park 5+ Bedroom Houses

September 4, 2009

Some buyers and I have visited a large house for sale in Rogers Park a couple of times recently. It’s one of the few homes in Rogers Park with 5 or more bedrooms.
Of the 21 Rogers Park houses that sold in the past year only 3 of them had 5 or more bedrooms. The median [...]

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$16M foreclosure lawsuit in Barrington Hills

June 17, 2009

Even Chicago’s wealthiest aren’t immune to foreclosures! Today ChicagoRealEstateDaily.com reported that Amcore Bank has filed a foreclosure lawsuit for almost $16M on a 400 acre estate and horse farm in Barrington Hills. The couple who own the estate bought it for $19.3 million in December 2006 making it the most expensive Chicago Metro Area home [...]

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Barrington Median Sale Price Down, But Sales Double Above $2M

October 14, 2008

Yesterday I showed houses in Barrington. The drive to one home took us past some of Barrington’s horse farms. The scenery was beautiful especially with the leaves now turning!
The market view for Barrington home buyers depends on what end of the market you look at. When comparing the median sale price for Barrington houses for [...]

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Glencoe Frank Lloyd Wright Home Catches Attention of National Blogs

September 28, 2008

A Frank Lloyd Wright designed home for sale in Glencoe has caught the attention of several national blogs. Move.com, ZillowBlog.com, and The Huffington Post among others have written about the home for sale at 1027 Meadow in Glencoe.
As you would expect for the low price of $625K in Glencoe the 3 bedroom, 1 1/2 [...]

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Wilmette House Market Down Except at Top

September 18, 2008

I’m negotiating the purchase of a house in Wilmette priced in the $700Ks. Before I discussed an initial offer with my buyers I researched this North Shore suburb house market. Here are some of my findings.
The median price of a house in Wilmette for the past 12 months is down 3.4% from the previous 12 [...]

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Billionaire Hedge Fund Manager Sets U.S. Residential Sales Record

December 14, 2007

According to the Institute for Luxury Home Marketing, the Trinchera Ranch in Colorado was sold in November for $175 million setting a new U.S. residential sales record. The former record was $165 million paid for a Beverly Hills mansion once owned by William Randolph Hearst.
The Trinchera Ranch was purchased by billionaire hedge fund manager Louis [...]

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