Bidding wars are on in Lakewood Balmoral, reports Chicago Mag's Dennis Rodkin. Two characteristically handsome frame homes sold quickly at or above ask after their initial open houses were mobbed by bloodthirsty bidders. Each open house had more than 100 visitors from whom multiple offers were extracted. Rodkin notes that the modest facades of both homes conceal extravagant woodwork. We knew as much about 5224 N Wayne, with its Berthold Schwaiger custom interiors and fabulous "indoor treehouse". It's common knowledge the market is on the upswing in desirable North Side nabes, but stuff like this really drives it home. [Chicago Mag, previously]
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