Chicago Illinois Real Estate Blog

Chicago developer Mark Hunt is facing yet another foreclosure lawsuit — this time by a local development group that’s pushing to take control of the former Lincoln Park Hospital property.
A venture led by Michael Supera and Richard Zisook sued Mr. Hunt’s venture that owns the three-acre site at 550 W. Webster Ave. The foreclosure suit [...]

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A low-profile Chicago apartment building owner has refinanced an 11-property portfolio that stretches from Hyde Park to Evanston with two new loans totaling $50 million.
Ventures managed by Stuart Handler, CEO of Chicago-based TLC Management Co., took out a $24.7-million loan from Capmark Finance Inc. on four of the properties and a $25.3-million loan from Northern [...]

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Nahrin and Victor Oraham have listed for sale a five-bedroom, 4.5-bath home at 867 Peach Tree Lane in Glencoe for $1.999 million.
The 4,028-square-foot house in West Glencoe was built in 2004. Daniela Popa of Coldwell Banker is the listing agent.

Mr. Oraham is a Chicago Estate Planning Attorney attorney with Oraham Law Firm P.C. His practice [...]

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Gregory C. Schodde and his wife, Holly, have listed for sale a five-bedroom, four-bath home at 1598 Annapolis Ave. in Glenview for $989,000.
The Schodders bought the property for $817,000 in Oct. 2002. The 3,948-square-foot house was built in 2001 in the neighborhood of Central Glenview. Maria Schneider of Coldwell Banker is the listing agent.
Mr. Schodde [...]

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Daile and Thomas McCann have listed for sale a three-bedroom, 3.5-bath condo at 1815 N. Dayton St. in Lincoln Park for $649,900.
The McCanns paid $555,000 for the property in June 2006. The Willow-Dayton Place Townhomes house 16 units and were built in 1987 in the Ranch Triangle subdivision. Robin Miner of @Properties is the listing [...]

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Michael H. Minton has listed for sale a five-bedroom, 4.5-bath home at 1020 Blackburn Dr. in Inverness for $1.995 million.
The 7,319-square-foot home was built in 1989 in the North Inverness neighborhood. Marsha Ulbrich of RE/MAX Unlimited Northwest is the agent for the listing.
Minton practices family law in Schaumburg. His areas of practice include adoption, child [...]

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Marla and Randall Willey have listed for sale a four-bedroom, 2.5-bath home at 28W330 Trieste Lane in Wayne Township for $589,000.
The Willeys paid $410,000 for the property in July 2002. The 3,073-square-foot house was built in 1992. Ms. Willey is the listing agent for the home.
Ms. Willey has been with Concept Realty LLC since 1998 [...]

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Mayor Daley, defending the President of the Chicago Board of Education by saying it’s a, "same comment for journalism," when it was reported that Michael Scott is involved in a real estate project that could make him money if the city wins the Olympic bid.
Mayor Daley did not mince words when asked if the negative [...]

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Chas and Vera Gavrilovich have listed for sale a three-bedroom, two-bath home at 7S533 Plainfield Road in Unincorporated Naperville Township for $499,993.
The Gavriloviches acquired the property in Jan. 2005. The 2,046-square-foot house was built in 1954 in the Hobson West neighborhood. Mike McCurry of RE/MAX Elite is the listing agent for the home.
Mr. Gavrilovich is [...]

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After 13 years of failed redevelopment efforts, the United States Postal Service is giving up and auctioning off its largest vacant property: the hulking 2.7-million-square-foot old central post office here.
The suggested opening bid for the auction is $300,000, which is less than an individual condominium goes for in many of the surrounding downtown buildings.
The building [...]

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