Archive for January, 2011

Market Conditions: Cook County Foreclosure Suits Probably Near Record High in 2010

According to the Sun-Times, the year end projections are showing 51,900 new foreclosure suits filed in Cook County Circuit Court in 2010. The clerk won’t have the actual official number until the middle of January. But it will apparently be among the highest on record. 2000-2005: averaged 12,000 to 15,000 annually  2006: 18,916 2007: 32,269 2008: […]

Get a 3-Bedroom Unit for Under $450K With Lake and City Views: 1841 S. Calumet in the South Loop

This bank owned 3-bedroom unit at 1841 S. Calumet in the South Loop just came on the market. It is listed for $193,000 under the 2006 purchase price. From the pictures, it appears that all the kitchen appliances, the bathrooms, and even the washer/dryer are intact. The northeast facing unit has floor to ceiling windows with views […]

Can You Sell a Single Family Home for Nearly $4 Million in Lakeview? 1010 W. George

Some of you were recently chattering about singer R. Kelly’s former house at 1010 W. George in Lakeview that sits next to the same Enterprise Rental Car agency as does another property we chattered about at 2910 N. Sheffield. See our prior chatter on the 2-flat on Sheffield here. Nearly every major media agency/housing website […]

East Lincoln Park 2-Bedroom Now 18% Off 2006 Price: 2714 N. Lehmann

We last chattered about this 2-bedroom newer construction top floor unit at 2714 N. Lehmann in June 2010 when the listing said you could save “thousands” off the 2006 price. See our prior chatter here. It was then withdrawn from the market but has come back on with a further price reduction. The unit is […]