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Prairie Style Homes In Oak Park Real Estate

One of America’s greatest architects, Frank Lloyd Wright, began designing homes in Oak Park in 1889. Radically new in conception, the Prairie Style Homes designed by Wright featured low horizontal lines, open floor plans, and clerestory windows; they fit the landscape and the exterior brick and stucco in earth tones were a dramatic contrast to Victorian frame houses. Wright worked with other architects including Richard Bock, William Eugene Drummond, Marion Mahony Griffin, Walter Burley Griffin. Other architects in the Prairie- Style School—George W. Maher, John Van Bergen, and E.E. Roberts …

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Victorian Houses In Oak Park

Victorian Houses In the Oak Park Real Estate Market
Famous for being the birthplace of writers Ernest Hemingway and Edgar Rice Burroughs (“Tarzan” novels), Oak Park, established in 1848, grew up as a village in the Victorian period and its graceful, tree-lined streets have Victorian houses galore. These “painted ladies” feature spacious wrap-around porches, arches, turrets, gingerbread trim, and external ornate details. Interior space, first designed for large families, now continues to provide ample living areas, with multiple bedrooms, high ceilings, impressive moldings, fireplaces, and frequently third floors with additional space …

Chicago, Distressed »

Distressed Chicago Multi Family Investment Properties

A study by DePaul University’s Institute for Housing Studies found that $3 billion of multi-family property mortgages already are in foreclosure, affecting more than 32,000 rental units in Cook County. This includes both multi unit 2, 3 & 4 Flats as well as multi-family 5+ units.
But that is just the tip of the iceberg in cook county as approximately 38,000 additional single-family homes are already in foreclosure in Cook County. The Institute for Housing Studies predicts that and additional Another $12.6 billion in multi-family mortgages are at risk.
Falling property values …