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Foreclosure Deal in Museum Park II

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The foreclosure brigade continues.   Sometimes they provide deals, sometimes they do not.

This week a 2 bedroom, 2 bath unit is going to auction at Tower II at Museum Park in the South Loop at 1335 S. Michigan.

Unit #503: 2 bedroom, 2 bath, 1384 square feet, 2 parking spaces (unclear if they are included in the price or not)

  • Currently listed for $550,000
  • Last sold for $469,518 in June 2003
  • Auction price of $355,708

Will someone get a deal at auction?  Or will  the bank get it and continue to list it higher?

Stay tuned.

Other 2 bedroom, 2 baths in the building are listed from $424,000 to $674,000.

This entry was posted on Thursday, September 20th, 2007 at 5:23 pm and is filed under South Loop. 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.

One Response to “Foreclosure Deal in Museum Park II”

  1. George T Wilson on October 15th, 2008 at 10:11 am

    How can I purchase this unit at Auction? Where dio I go? Is it a sealed bid or what? How is the Bid entered?

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