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Does “short sale” lure you in? 2533 N. Greenview in Lincoln Park

I stumbled across this single family house at 2533 N. Greenview in Lincoln Park on Craigslist. The Craigslist ad says it is a “short sale”.

2533-n-greenview.jpg

Here is the Craigslist ad:

****SHORT SALE*** Beautifully rehabbed 3 story home with 5 bdrms and 3 full & 2 half baths. 3,000 sq ft, PLUS full finished basement. Home features Mahogany stained floors and custom paint throughout. Elegant kitchen with stainless steel appliances and granite counters.

Rooftop terrace overlooks Wrightwood park and pool.2 car garage has a curbcut on Lill St. Currently rented for $5,000 month/ with one year lease.

SELLER WILLING TO GIVE CREDIT,NO PAYMENTS FOR 6 MONTHS,IMAGINE THAT WITH $5,000 MONTHLY INCOME.MUST CLOSE BY NOVEMBER TO GET INCENTIVE.MUST SELL

The “short sale” designation for a single family house in Lincoln Park will certainly attract attention on Craiglist.

The sales pitch isn’t quite as direct in the MLS listing:

Completely Remodeled 4-5 Bedroom Home On Corner Lot Across From Wrightwood Park! Gourmet Kitchen W/ Bay Area That Opens To A Large Fenced Yard W/ A Private Deck & Grill Area. Large Master Suite W/ A Lofted Sitting Room And Wbfp! Mstr Bath W/ Steam Shower, Large Ll Rec Room W/ Wet Bar, 2 Car Garage &

A Roof Top Deck W/ Amazing Views Of The Park And The City! Property Currenty Rented For $5000 Month

 2533-n-greenview-kitchen.jpg

Vista Way Realty has the listing. See more pictures here.

2533 N. Greenview: 5 bedrooms, 3 baths, 2 half baths, 2 car garage, 3000 square feet

  • Built in 1996
  • Sold in August 2006 for $997,500
  • Currently listed on the MLS for $1.189 million (although the Craigslist ad says $1.15 million)
  • Taxes of $10,523
  • There is NO lis pendens pending on the property
  • Currently rented for $5,000 a month

This entry was posted on Thursday, September 18th, 2008 at 1:04 pm and is filed under Lincoln Park. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

8 Responses to “Does “short sale” lure you in? 2533 N. Greenview in Lincoln Park”

  1. haha, I saw this one and MLS and yes the MLS listing didn’t convey the sense of urgency as shown on craigslist.

    still to expensive (especially considering the diminishing 401k accounts/stock options of its target audience) ….which is a shame as it still is a newer home but it is butt-ugly for $1MM+.

    1529 S State, TH6, TH7, TH8.

    06989621, 06993971, 06981301

    At least one of the above is a short sale which stinks for the other owner(s) who tried to play by the rules.

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  2. That is not the first time one of the townhouses at 1529 S. State has been in distress. I talked about TH#5 in August.

    http://cribchatter.com/?p=1671

    There have been other foreclosures in the building as well. I chattered about one of them last April.

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  3. Did the tenant not want any pictures showing any of their furniture? Because those picturwes give a very poor sense of the house.

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  4. That kitchen is so poorly done it looks like a mausoleum. Did they really put granite not only on the countertops but also the walls???

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  5. Geez. Who is going to buy this thing? The outside has no character. If the kitchen is any indication of the quality of the remodeling….The cabinets look cheap and I hate white. The kitchen looks really cramped. I think the ceiling is low. I bet someone tried to remodel on the cheap.

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  6. Here comes the government… Look for fed funds rates to come down to 1% in the next couple of weeks. Mortgage rates will be back around 5% and off to the races we go. Looks like LP will escape with no down turn. Now who in the world predicted that?

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