Chicago Real Estate News

It seems the tenets of the recession -- that have hit some markets in the country harder over the past couple of years -- are finally taking a toll on Chicago, the big, stalwart Midwestern city. While higher-end markets like New York and San Francisco are stabilizing, Chicago's real estate woes are looking worse, and it's even bringing Mayor Daley into the scuffle. But there's a few glimmers of good news, including the top-notch sale price of the Elysian's penthouse, a new residential tower opening in the Loop, and the home of one of Chicago's famed architects on the market.