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Industrial real estate developers paying top dollar for Bensenville subdivisions chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.
John R. Boehm Katherine Anderson says she and her husband, Arthur Eichorst, received enough money in the sale of their Mohawk Terrace house to buy a Las Vegas condo free and clear. Being surrounded by big industrial buildings doesn t sound like the American Dream to most homeowners. But it turned out quite well in the end for many residents of the Mohawk Terrace subdivision in Bensenville. The owners of a two-story house on Edgewood Avenue just sold it for $875,000. They paid $420,000 for it less than three years ago. A split-level over on Spruce Avenue just fetched $700,000, up from its prior sale price of $240,000 at the end of 2018. Longtime resident Joe Fiore was the big winner, receiving $1.7 million, the highest price in the entire subdivision, for his house on Indian Hill Drive. He estimates it s really only worth about $700,000. ....