Hawk DeBrincat buys North Side home
Blackhawks right winger Alex DeBrincat bought a five-bedroom home in Roscoe Village that had undergone a gut rehab. The 3,700-square-foot house at 3139 North Hoyne Avenue had been on and off the market since November 2017, when it first was listed for $1.2 million. The asking price was cut several times before selling to the 21-year-old DeBrincat last month for a little more than $1 million. Mike Larson of Gold Coast Realty represented DeBrincat. [Chicago Tribune]
Megachurch pastors offload suburban mansion
A pastor couple of a suburban megachurch sold their South Barrington mansion after two years on the market. Gregory and Grace Dickow, founders of the 10,000-member Life Changers International Church, listed the six-bedroom home at 7 Kaleigh Court in June 2017 for $2.5 million. They cut the price several times before selling it for $1.6 million this month. John Morrison of @properties had the listing. The buyers were not yet identified in public records. [Crain’s]
Motel 6 at Elk Grove Village gateway sold for redevelopment
Elk Grove Village officials agreed to buy a motel at a gateway to the suburb they are hoping to redevelop. The village will pay $5.3 million for the 140,000-square-foot Motel 6 at 1601 West Oakton Street, 10 months after buying the shuttered Elk Grove Hotel across the street for $5.6 million. The village voted earlier this month to pursue acquiring the Motel 6 through condemnation proceedings, along with a retail strip next door. Mayor Craig Johnson said he’s hoping to negotiate a deal for that property too. [Daily Herald]
Oak Park mansion finally sells
An Oak Park mansion that resembles a castle sold for barely more than it was bought for 16 years ago. The 114-year-old Hales Mansion at 509 North Oak Park Avenue had been on and off the market since 2006. Seller Leah Urbanosky and her former husband bought the 9,500-square-foot home in June 2003 for $1.5 million and undertook a significant renovation. Urbanosky first listed the home in 2006 at $2.7 million. It sold last week for $1.6 million. The buyers were Maria Emilia Fermi and her son, Brando Fermi Crawford. Jennifer Vande Lune of Coldwell Banker had the listing. [Crain’s]
Nitti Development will build on Schaumburg property
A northwest suburban school district is now turning to Nitti Development of Glendale Heights to develop a long-vacant parcel in Schaumburg. Palatine-Schaumburg High School District 211 actually chose M/I Homes to develop the land last year, but the firm backed out in April. The second-highest bidder, Pulte Homes, also backed out, leaving third-highest bidder Nitti as the district’s new choice. The firm bid $17.7 million for the property, almost $3 million less than M/I’s top bid. The firm now will lead the redevelopment of the 62-acre site bordered by Summit Drive, Plum Grove Road, Wise Road houses on Weathersfield Way. [Daily Herald]