Archive for January, 2011

Boarded Up Lakeview 3-Flat Sells Quickly: 1114 W. Roscoe

The boarded up bank owned 3-flat at 1114 W. Roscoe in Lakeview that we chattered about just a few weeks ago has already sold. See our prior chatter here. As you recall, there was only one interior picture of the property and it indicated that it needed work. The 3-flat was on a standard lot […]

Are the Deals Getting Even Better in Millennium Centre? 33 W. Ontario in River North

In November 2009 we chattered about a bank owned 2-bedroom unit, Unit #50D, in 33 W. Ontario, better known as Millennium Centre, in River North. See our prior 2009 chatter here (and a discussion about how we would see a “bottom” in 2010 because we were not Japan.) At that time, it was listed for […]

What If a Property Is Listed for 70% Off and No One Cares? 6030 N. Sheridan in Edgewater

We last chattered about this 1951 high rise at 6030 N. Sheridan in Edgewater in October 2009. See our prior chatter here. At the time, a bunch of units were in distress in the building. It doesn’t look like much has changed in 2011. This 1-bedroom is currently bank owned and is listed for about […]

We Love Authentic Lofts: 2-Bedroom Short Sale Under the 2002 Purchase Price: 4745 N. Ravenswood

This 2-bedroom top floor loft at 4745 N. Ravenswood in Lincoln Square has been on and off the market since March 2010. It is now a short sale and is listed $5500 under the 2002 purchase price. At 1900 square feet, it has all the open space of authentic lofts. It also has exposed brick […]

1-Bedroom Bank Owned Unit Under $110K in River North: 630 N. Franklin

This bank owned 1-bedroom unit at 630 N. Franklin in River North has been on the market since November 2010 without any takers. In that time, the bank has reduced $41,000. It is now listed for $62,600 under the 2005 purchase price. From the pictures, it looks like the kitchen is still intact. It has […]

“How Low Will It Go?” 2-Bedroom Short Sale Reduces Again: 1627 W. Ainslie in Ravenswood

One of you recently asked “how low will it go?” about this 2-bedroom newer conversion unit at 1627 W. Ainslie in Ravenswood. We have chattered about it a couple of times but it was recently reduced another $10,000. See our August 2010 chatter and pictures here. The unit is now listed $91,000 under the 2007 […]

Trying To Sell a 5-Bedroom SFH 15 Years Later in Southport: 3531 N. Bosworth

Not everyone bought their property in the last 10 years. This 5-bedroom single family home at 3531 N. Bosworth in the Southport neighborhood of Lakeview has been in the current owner’s hands since 1996. It has been on the market since March 2010 and has been reduced $276,000 in that time. Built in 1907 on […]

Get a 2-Bedroom and Your Lake Views for Under $360,000: 3200 N. Lake Shore Drive

This corner 2-bedroom at Harbor House at 3200 N. Lake Shore Drive in Lakeview has direct views of Belmont Harbor and the lake. Harbor House was built in 1966 and has 278 units. It is a full amenity building with an indoor pool, exercise room and doorman. But people buy in the building for the views […]

Studio Dwell Designed Units at 1919 W. Crystal in Wicker Park Are Now Bank Owned

This contemporary new construction building at 1919 W. Crystal in Wicker Park was designed by Studio Dwell. Studio Dwell are architects who are a favorite in Chicago among those seeking contemporary design. Sales commenced in the 9-unit building in 2007. Several units sold in 2009 and the last sale was apparently in October 2010. 6 out of […]

First Foreclosure in The Palmolive Building: 159 E. Walton in the Gold Coast

We’ve chattered about a short sale in The Palmolive Building, at 159 E. Walton (or as the official records list it- 919 N. Michigan) in the Gold Coast before. But just before the new year, the first foreclosure popped up in the building. It is NOT the same unit as the one that had been […]