The Home Front

(Above) Aerial view looking north from Jackson Park toward the Chicago skyline, showcasing the Woodlawn and South Shore neighborhoods. (Photo: Adobe Stock) By Don DeBat With the Obama Presidential Center approaching, a new anti-gentrification ordinance is rattling the real estate industry, pitting landlord rights against city efforts to prevent displacement in Chicago’s lakefront neighborhoods. The threat of rising apartment rents in “Obamaville” and other South Side lakefron

(Above) 2026 North Kenmore Avenue, a renovated 10-bedroom, 10-bathroom home listed at $9.995 million – currently the highest MLS listing price in Lincoln Park. It features a five-car garage and a coach house that, according to the listing agent, could be converted into a basketball court. (Photo: MRED/Chicago MLS Pro) By Don DeBat North Side single-family median home price hits $1.55M as supply evaporates While sales fell 15 percent in Q1 2026, the North Side’s dwindling supp

By Don DeBat Forget 'negotiating' a lower rent. In high-demand North Side neighborhoods like Old Town and Lincoln Park, the 2026 market has shifted to full-blown bidding wars, with some renters paying thousands over asking to secure a lease. A bidding war is underway this spring for rental apartments in sought-after lakefront neighborhoods, Realtors report. “If you are looking for an upscale rental apartment in Old Town, Lincoln Park, or Lakeview this season, you are not just

By Don DeBat Yet another beauty makeover for Soldier Field is on an architect’s drawing board as a follow-up to the Chicago Bears planned exodus to Arlington Heights or Indiana. Soldier Field would get a translucent, domed roof, 20,000 new skybox seats, and a surrounding entertainment district under an architect’s new pipe-dream proposal. Now that the Chicago Bears posted a rare winning season in 2025, fans have visions of a Super Bowl dancing in their heads. So, why not run

By Don DeBat Chicago and Cook County property owners are beaten, battered and bewildered by soaring real estate taxes. With wallets already flattened, homeowners are bracing for another big cash bite on April 1st, when the first installment of 2025 taxes are due. According to a new study released March 30th by Cook County Treasurer Maria Pappas, real estate taxes in Chicago and the county have grown at double the rate of inflation over the past three decades. As a result, hom

By Don DeBat Renters hunting for an affordable apartment in a nice North Side Chicago neighborhood this spring may be in for some sticker shock. Between February of 2025 and February of 2026, Chicago’s median rental prices rose more than many other major cities, according to a national survey by Axios Media, Inc. The survey is based on new leases signed each month in 54 metro areas with at least one million residents. Chicago’s median apartment rent rose 4% to $1,670 a month