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Foreclosures Mount in River North’s The Sterling

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The Sterling, at 345 N. LaSalle in River North, continues to live up to its name as the #1 building for foreclosures in downtown Chicago (and possibly ALL of Chicago).  Two new auctions were held this week:

Unit #2710: 1 bedroom, 1 bath

  • Sold in December 2003 for $329,500
  • Auction price of $269,643

Unit #2804: studio

  • Sold in January 2004 for $226,700
  • Auction price of $201,763

Anyone attend the auction for that unit that was being auctioned off (before foreclosure) on the south side a few weeks ago?  I’m wondering how that turned out.  The Sterling continues to keep the banks busy, that’s for sure.

This entry was posted on Friday, November 2nd, 2007 at 10:25 am and is filed under Foreclosures, River North. 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.

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