Archive for May, 2011
Selling a 3-Bedroom Modern Penthouse 4 Years Later in West Town: 2154 W. Division
This 3-bedroom modern penthouse at 2154 W. Division in West Town recently came on the market. The building was built in 2007 and is one of two nearly identical buildings on either side of Division that book end the street right before the hospital complex. With northwest exposures, it has modern features such as floor to […]
The $2 Million 6-Bedroom Bank Owned Greystone: 1111 N. Hoyne in the Ukranian Village
This 6-bedroom well-known greystone at 1111 N. Hoyne in the “real” Ukranian Village in the West Town neighborhood recently came on the market. Many of you wrote me requesting discussion about it due to its unusual interior, the size of the property, its location and that it was now bank owned. The greystone was originally built […]
Vintage 3-Bedroom Lincoln Park Duplex Down Sells 1 Year Later for $24K Under 2005 Price: 1849 N. Cleveland
We last chattered about this 3-bedroom duplex down at 1849 N. Cleveland in Lincoln Park in January 2011. See our prior chatter here. At that time, it was listed at $749,000, which was $13,000 above the 2005 purchase price. Many of you thought it was overpriced and would “sit” for a long time. Lots of […]
Renovating the 3-Bedroom Vintage Tudor Foreclosure: 1710 N. Rutherford in Galewood
One of the biggest stories in 2011 have been the investors who have been buying foreclosed properties, especially single family homes, fixing them up and reselling for big profits. This 3-bedroom home vintage home at 1710 N. Rutherford in Galewood was bank owned in December 2010 and is now back on the market. Built in […]
2-Bedroom “Maisonnette” in The Barry Going to Auction: 3100 N. Sherdian in Lakeview
We’ve chattered about this bank owned 2-bedroom unit in The Barry at 3100 N. Sheridan in Lakeview several times. See our January 2011 chatter here. It has been bank owned since June 2010. The bank first listed it in September 2010 and has been lowering it since then but there still haven’t been any takers. In […]
3-Bedroom Victorian Bucktown Cottage Reduces $55K: 1848 W. Cortland
We last chattered about this vintage 3-bedroom cottage at 1848 W. Cortland in Bucktown in early April 2011. See our prior chatter here. It provoked a long discussion about paying $500,000 for 1870s worker’s cottages. Since that time, it has been reduced $55,000 to $485,000. If you recall, it has 11 foot ceilings on the first floor […]
This 2/2 Has Reduced Under the 2001 Price: 1525 W. George in Lakeview
We last chattered about this 2-bedroom at 1525 W. George in Lakeview in February 2011. See our prior chatter here. It was an example of someone trying to sell 10 years later. Would they make money? HD thought the seller should lower the price $5,000 every 10 days to drum up interest until it sold. […]
2-Bedroom Duplex Loft With Terrace Returns 2 1/2 Years Later: 1322 S. Wabash in the South Loop
We last chattered about this 2-bedroom authentic duplex loft in the Filmworks Lofts at 1322 S. Wabash in the South Loop all the way back in October 2008. See our prior chatter and pictures here. At that time, it was listed at $429,000. Bob actually believed it might sell for around $400,000. (My how things have changed!) […]
Bank Owned 2-Bedroom at 3014 N. Sheffield in Lakeview Finally Sells for 55% Under 2006 Price
We’ve been chattering about this 2-bedroom at 3014 N. Sheffield in Lakeview since October 2010. See our last chatter in February 2011 here. It is bank owned and the bank has slowly been lowering the price over the last few months. It finally went to auction and sold for about 55% under the 2006 purchase […]