Archive for the 'Auction' Category

The Housing Bust Lives On: An Auction at 1300 W. Altgeld in Lincoln Park

This 2-bedroom in Altgeld Court at 1300 W. Altgeld in Lincoln Park recently came on the market. This complex was built in 1991 and has 44 units. The units are all loft-style duplexes. There aren’t any interior pictures with this listing. It’s being sold “as-is.” From the listing: Property is occupied and occupants are not […]

Can You Get a Steal at an Auction? 5 Bedroom SFH in North Center: 4117 N. Western

This 5-bedroom single family home at 4117 N. Western in North Center has been on and off the market since January 2011. It is bank owned but after trying to sell it the conventional way the last few months, it is going to auction it instead. The house was built in 1906 and the listing says […]

Market Conditions: Did the Auctions Signal a Price Bottom?

Crain’s reported yesterday on the two South Loop condo auctions over the weekend that we all have been chattering about the past few days. In a nutshell: more than 60 condos sold at the two auctions at prices reduced anywhere from 27% to 45% off the last asking price. “It’s a declaration that the market […]

Open Discussion on the Auction at 1400 S. Michigan in the South Loop

Anyone go to the auction at 1400 S. Michigan? (You know who you are.) Please let us know what happened (number of units that sold, selling prices etc.) Thanks!

Open Discussion: Auction at the Motor Row Lofts: 2303 S. Michigan

Anyone go to the auction at 2303 S. Michigan, the Motor Row Lofts, today? Please let us know the details (number of units sold, prices etc.) Thanks!

Motor Row Brick Loft Still Available 10 Months Later: 2332 S. Michigan

We last chattered about this triplex brick loft at 2332 S. Michigan in Motor Row in January 2009. See our prior chatter and pictures here. The loft has walnut floors, beamed ceilings and a private rooftop deck. There are also outdoor spaces on the other two levels. The modern kitchen has Bosch appliances. It has […]

Auction Alert: The Vetro to Auction Off 40 Units on March 7

Still interested in The Vetro, at 611 S. Wells, in Printers Row/the South Loop? On March 7, the developer of The Vetro will be auctioning off 40 units starting at minimum bids of $115,000 for studios. The website states: “Don’t miss this once-in-a-lifetime opportunity to purchase a new luxury condo at the price you determine. […]