The Real Deal Chicago

Chicago Cheat Sheet: Winnetka mansion sells for $3.8M after price several price chops … & more

Also, developer Michael Moyer scales back plans for apartments next to Congress Theater
By John O'Brien | November 15, 2018 05:00PM

5 Indian Hill

Winnetka mansion sells for $3.8M

A six-bedroom, 16,000-square-foot mansion in Winnetka sold for $3.8 million. Daniel and Debra Gill bought the estate formerly known as Wynwyd in 1999 from the Nuveen family for $2.5 million and built two additions to the mansion. They first listed it in 2012 for $8 million, but reduced the price several times since. [Chicago Tribune]

Congress Theater developer scales back plans for adjacent apartment building

Developer Michael Moyer changed his plans for proposed apartment building next to the Congress Theater in Logan Square. The new proposal calls for a seven-story building with 72 apartments and ground-floor retail just north of the theater. Moyer, who’s in the midst of a $69 million overhaul of the theater, initially proposed a 10-story building with 117 apartments in September. [Block Club]

StreetScape plans residential project in downtown Geneva

StreetScape Development plans a walkable downtown suburban neighborhood in Geneva on the site of a former electronics factory that closed in the 1980s. The project at State and Richards streets would include a mix of 42 new houses, townhouses and apartments. It’s part of the larger Hamilton Place mixed-use development proposed by Karis Capital. [Crain’s]

Lennar proposing 186-unit townhouse project in Mundelein

Lennar Corporation plans a 186-unit townhouse development on vacant land on Mundelein’s northwest side. The project would go on Illinois 83, just north of the Mundelein Crossings shopping center. Townhouses were proposed for the site in 2006 and again in 2007, but those projects never materialized. [Daily Herald]

Shoe store in downtown Glen Ellyn to be converted into apartments

GSP Development wants to build a five-story apartment complex on the site of the old Giesche Shoe store in downtown Glen Ellyn. The plans call for 107 upscale apartments, 8,800 square feet of retail and a two-story parking garage. The developers bought the shoe store property from the Giesche family and are working with the village on a deal for publicly owned portions of the site. [Daily Herald]

Archdiocese, Libertyville square off in court over rejected subdivision

The Archdiocese of Chicago is suing the village of Libertyville over its rejection of a 148-home subdivision on Archdiocese-owned land in the village. The trial kicked off this week in Lake County court before Judge Michael Fusz. Part of the dispute hinges on the request by the village and neighboring Pine Meadows Golf Club for the subdivision to share an existing entry with the club. [Libertyville Review]