National Association of Realtors is cutting 37 jobs at its Chicago headquarters, part of cutting 61 positions as it reorganizes in the wake of recent sexual harassment scandal, turmoil in the office and fundamental change in commission structure. www.chicagobusiness.com/residential-...

She bought a Wicker Park greystone in 1998 and over the years space, beauty, daylight and a prairie on the roof. Now moving to Italy, she's asking $5.5 m for it. www.chicagobusiness.com/it-hits-mark...

Trump housing officials rescinded a Biden-era rule designed to combat racial bias in home appraisals. The impact could be big in Chicago, where the racial gap in appraisals is among the largest. www.chicagobusiness.com/residential-...

Trump housing officials rescinded a Biden-era rule designed to combat racial bias in home appraisals. The impact could be big in Chicago, where the racial gap in appraisals is among the largest. www.chicagobusiness.com/residential-...

A Bear sold this condo to a Bull, who's now selling it. Any Cubs, Sox or Blackhawks looking for a condo? Zach LaVine, whom the Bulls traded last month to Sacramento, is asking $6.9 million, same as he paid for it. www.chicagobusiness.com/residential-...

In the first quarter of the 21st century, Chicago-area home prices a little more than doubled, new data show. Nation's home prices more than tripled in that time, and in some coastal cities, prices quadrupled. www.chicagobusiness.com/residential-...

Dick Portillo, who's not in the hot dog business anymore though his name is on the restaurants, has 3 homes he developed in Naples Fla on the market at a combined total of more than $57 million. www.chicagobusiness.com/residential-...

A 100-story tower will be built on North Michigan Avenue and named for source of its financing, John Hancock life insuranve company, Trib reported OTD in 1965.

A new block of shops at Bryn Mawr and Winthrop will have a modern style, clad in black marble and metal, Trib reported OTD in 1935.

There's now an $86 m gap betw what the Wirtz family's Ivanhoe project believes it shoud pay the elementary school district as impact fees and what the district is asking for. School district is now exploring kicking the Wirtz land out of its boundaries. www.chicagobusiness.com/residential-...

Hey, if you remember this Gold Coast building that stood puzzlingly empty for decades, there's news. Longtime owner sold it for $10 million last week to a developer who's going to finish its 8 condos and put them up for sale. No prices announced yet. www.chicagobusiness.com/residential-...

Builder’s sale of a $600,000 W Garfield Park house is 1st step in his planned ecosystem of improvement. Lawon Williams hopes to build about 20 houses + condos on vacant lots of a block on Fifth Avenue, a block from the elementary school he attended. www.chicagobusiness.com/residential-...

"A must in every teenager's life," Polk Bros proclaimed about the 48-inch, 4-stringed Polk-a-lay-lee in a Tribune ad OTD in 1965.

Another week, another Chicagoan buying a megabucks mansion on the ocean in Florida. This week it's a co-founder of SRAM, the billion-dollar bike components firm based in the West Loop. He paid over $15.6 m for the orange house in the photo. www.chicagobusiness.com/residential-...

Chicago-based National Association of Realtors is one of the least-liked players in the real estate space, accdg to a survey from ResiClub. Real estate professionals and regular people both rank it near bottom. www.chicagobusiness.com/residential-...

I just walked through some new houses where from the front balcony you can see both the original + later Sears towers, and from the back balcony, former John Hancock. That's very Chicago-y, but it's not the main reason I went to see these houses. That'll be in a story Monday.

$400,000 price cut today on the Old Town home of Nick Kokonas, former co-owner of Alinea. Started at $6,840,000 in October 2023 (the story I did then is below). Today's price cut, the 3rd, take it down to $5,494,000. www.chicagobusiness.com/residential-...

The former CEO of Ferrara Candy, makers of Lemonheads, Atomic Fireballs and so much more, has his Gold Coats condo on the market at almost $4.8 m. www.chicagobusiness.com/residential-...

This story has been corrected. The asking price is $1.9 million, not the figure I originally reported. (The incorrect information came from the real estate company.)

She built a tranquil riverside retreat in McHenry that only a new marriage could take her away from. It's really nice, sandwiched betw the Fox River and Moraine Hills State Park, one of my favorites. Asking $1 million. www.chicagobusiness.com/it-hits-mark...

First 2 houses on this site I wrote about in December hit the market today. One, on Paulina, is $4.1 m, the other, on Hermitage, is <$2.7 m. www.chicagobusiness.com/residential-...

A Frank Lloyd Wright house in Kankakee sold for the first time since 1976. The buyer, a Chicagoan, plans extensive renovations, incl replacing a long-lost terrace along south side of the house. www.chicagobusiness.com/residential-...

You know those billboards and Super Bowl commercials for WeatherTech floormats for cars? Founder and CEO of that firm, based in Bolingbrook, is spending $94 million to assemble an oceanfront estate in Florida. www.chicagobusiness.com/residential-...

This Lincoln Park mansion sold for more than $2 million off its 2022 price. www.chicagobusiness.com/residential-...

Pay property taxes on the same home for 30 years and you're done, is what a downstate legislator is proposing. Like paying off a 30-year mortgage, you'd be free and clear of property taxes when you hit that benchmark. www.chicagobusiness.com/residential-...

Zach Filkins of the band OneRepublic cut the asking price on his house in La Grange to $3 million today. Started at $3.75 m in June (my story from then is below), later cut to <$3.5 m. www.chicagobusiness.com/it-hits-mark...

The food coop that leased the rehabbed Uptown Station 7 yrs ago aims to be open by the end of 2025. Researching the site for WBEZ's Reset, I learned it has a "grandpappy" on the site. A previous station, designed by F L Wright, also had a grocery store. www.wbez.org/architecture...

Talks are re-starting betw team working on Wirtz family's Ivanhoe Village project in Lake County and local school district leaders. Last week I reported schools were feeling sidelined by village leaders over Ivanhoe's impact fees. Now they're talking. www.chicagobusiness.com/residential-...

This cool midcentury Catholic church went up for sale today at $3 m. Santa Maria Addolorata, 1315 W. Ohio. Parish opened in 1903. This church built in 1960 and closed in 2021. I haven't seen the name of the architect. The site is 4/10 of an acre.

The former CEO of Fortune Brands sold a condo on the Gold Coast for a little over $10.1 million. It's the highest Chi-area home price so far in 2025. As of now, the 8 top prices are downtown--a sign of renewed interest in downtown homes www.chicagobusiness.com/residential-...

A Chicago couple built their modern, nature-infused weekend getaway in Beverly Shores 19 yrs ago. Now retired, traveling and less in need of a weekend retreat, they're putting it on the market at $950k. www.chicagobusiness.com/it-hits-mark...

The Wirtz family's plan to develop 700-plus acres in Lake County that they've owned since the mid-19th century has set off a feud among taxing bodies--the school districts and Mundelein village officials--over millions of dollars in impact fees. www.chicagobusiness.com/residential-...

Two buildings that have fallen into decrepitude but represent pillars of Chicago’s history—one of 1st structures built in the Loop after the 1871 fire + a house in Austin designed by F L Wright—are among 7 spots deemed most at risk by Preservation Chicago. www.chicagobusiness.com/commercial-r...

Carson Pirie & Scott plans to move out of the building at State and Madison where it's been since August 1904, Trib reported OTD in 1955.

After this story was published, a spokesperson for the seller said the mansion was listed prematurely and they're pulling it off the market. No further details provided.

he CEO of Reyes Beverage, the nation's largest beer distributor by volume, is asking a hair under $10.3 million for his blufftop Winnetka home. www.chicagobusiness.com/residential-...

Former Caterpillar CEO sells a Four Seasons condo at below its 1996 price. This is the 3rd deeply discounted condo sale in that building in recent months. www.chicagobusiness.com/residential-...

n Michigan City, where a much-anticipated remake into a beachy resort town has been gathering steam for several years, condo sales have started at a development that's a linchpin of the change. www.chicagobusiness.com/residential-...

The Lincoln Park house where outsider artist Henry Darger lived in 2 rooms for almost 4 decades has sold. Listed for sale April at a little under $2.6 m, it sold Friday for $2.4 m. My April story on the building: www.chicagobusiness.com/residential-...

In June I showed you this sharp midcentury in Skokie, on the market for 1st time in 68 years, designed by the seller's mom with assistance of an architect. Price was $850,000. Sold yesterday for $765,000, or 90% of original ask. www.chicagobusiness.com/it-hits-mark...

Vintage Bath of the Week! It's in a 1927 house on Hermitage in Rogers Park that sold this week for $737,000.

Boka Group restaurateur Kevin Boehm sold a condo on Elm Street for $3.8 million, a loss of about 7% from what he + wife paid for it in 2017. www.chicagobusiness.com/residential-...

Jeannine Dal Pra, longtime co-owner of the Elements design boutique, is selling the Lakeview condo she redid for herself + partner in the early 2000s. The details are exquisite, as you'd expect. Asking just below $1.33 m. www.chicagobusiness.com/it-hits-mark...

There's not a lot of inventory coming to ease our price crunch, I told host @amyguth.bsky.social on the @crainschicago.bsky.social podcast this week. We also talked about some great properties. www.chicagobusiness.com/crains-daily...

In 2024, some of the nation's biggest home price growth was in Lake County IL + Kenosha County WI. Prices up 11.1%, more than 95 of 100 metro areas tallied by the Federal Housing Finance Agency. Chicago metro: up 7.58%, well above nation's 4.5%. www.chicagobusiness.com/residential-...

Larry Bell, a pioneer of the craft beer movement who built Bell's Brewery into one of the nation's biggest craft breweries, is selling his home in the Southport Corridor. He told me he and wife bought it because it was 4 blocks from Wrigley Field. www.chicagobusiness.com/residential-...

n 2023, we headlined a story of mine, "Can a magazine's splashy rehab save this Hinsdale mansion from demolition?" The answer is no. Demolition permit issued Feb. 13. www.chicagobusiness.com/residential-...

A Palmolive building condo sold for less than what it went for in 2006. Also less than the seller, top executive at Discount Tire, paid for it in 2018. www.chicagobusiness.com/residential-...

At 36th and Dearborn, you can stand where the first Black Catholic church built west of Baltimore was and consider the extraordinary accomplishments of the priest born in slavery who got it built. I talked about Augustus Tolton on @WBEZreset yesterday. www.wbez.org/architecture...

If you were hoping a big influx of homes for sale would come to rescue us from fast-rising prices, the data say it's not coming. That's 1 of my 5 lessons from the latest housing market data. www.chicagobusiness.com/residential-...