Foreclosure Auction on Lincoln Park McMansion is Canceled

If you’ll recall from a prior post, the sheriff’s auction of 2440 N. Orchard in Lincoln Park was due to go forward this week.

I called the Sheriff’s office and found out that it had been “canceled”- not surprising given the property and the auction price of only $1.325 million.

That developer/builder apparently found a white knight at the last moment.

I will be watching the property to see how long it stays on the market and whether or not it’s reduced in price.

It’s definitely getting interesting out there.

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