Gingerbread Gothic home at 1944 N Sedgwick will likely be destroyed [John Morris/Chicago Patterns]

This is often evident in real estate listing descriptions that say “the value is in the land,” for properties that exceed a million dollars with the implicit understanding that the home will be razed and replaced. This is playing out heavily in North Side neighborhoods like Lake View and Lincoln Park, where blocks of mostly new construction mega-mansions dot the landscape.

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An artifact of the raising of Chicago streets, at a circa 1884 Workers Cottage at Paulina and Pierce.