Archive for May 31st, 2008

The Chicago Spire brings in foreign buyers

With most of the 1,200 luxury units costing more than $1 million, the Chicago Spire may be too big to just be sold to well-heeled residents of the Chicagoland region.
The developer, Shelbourne Development, is concentrating much of its sales efforts in countries around the world.  Whether it’s an oil magnate in Russia, or a finance […]

Avondale sales screech to a halt

Avondale was one of several Chicago neighborhoods to see a significant drop in sales of single-family homes during the first quarter.  The neighborhood suffered its worst first quarter in more than 17 years.
According to sales data from the Chicago Association of Realtors, a total of just 5 single-family homes were sold in the neighborhood during […]