Archive for the 'Foreclosures' Category

Our Favorite Full Floor Penthouse Returns To the Market Listed $450K Higher: 247 E. Chestnut in Streeterville

We’ve chattered about this 4-bedroom full floor penthouse at 247 E. Chestnut in Streeterville before. See our March 2011 chatter here. Some of you may also recognize it from 2010 publicity about an auction of the property (as it was owned by an emmy winning soap opera writer.) See that story here. Back in March […]

The Truly “Open” Bathroom Concept: 1000 N. Lake Shore Drive in the Gold Coast

This 3-bedroom at 1000 N. Lake Shore Drive in the Gold Coast recently came on the market. It is bank owned. It has some unique features including a large terrace and a bathroom which appears to have a shower curtain as the only thing separating the bathtub from the bedroom. From the pictures, the kitchen appears intact […]

Why Isn’t This $99,900 1-Bedroom South Loop Loft Selling? 2000 S. Michigan

This 1-bedroom loft in the Locomobile Lofts at 2000 S. Michigan in the South Loop has been on the market since February 2012. It is bank owned. In that time it has been reduced $25,000 to just $99,900. It has tall ceilings and big windows with a loft space above the bedroom which could be […]

Buckle Up! Surging Into the Red Zone Is Even Cheaper Now: 1738 N. Winchester in Bucktown

This 5-bedroom single family home at 1738 N. Winchester in Bucktown was unofficially placed in the Crib Chatter Hall of Fame last year. See our September 2011 chatter here. Not only did it have one of the best listing descriptions in the history of Crib Chatter ( “IF YOU ARE READY TO ACT BUYER, BUCKLE UP […]

Get a 2/2 With Parking For Just $150,000 in Old Town: 235 W. Eugenie

This 2-bedroom at 235 W. Eugenie in Old Town just came on the market. It is a HUD property and is listed for just $150,000. The listing says FHA financing is available and it is eligible for 203k (which is the FHA renovation loan.) There are no interior pictures of the unit so we have […]

Back to the 1999 Price for this Bank Owned 3-Bedroom SFH in North Center: 4332 N. Bell

This 3-bedroom single family home at 4332 N. Bell in North Center (as it’s just south of Montrose) just came on the market. I don’t have a picture of it yet but I thought I’d better cover it since it might get snapped up by a developer quickly. It is bank owned. It is listed […]

Attention Investors: Get a 1-Bedroom in East Lakeview For Just $103,000: 626 W. Waveland

This 1-bedroom at 626 W. Waveland in East Lakeview has been on the market since September 2011. It is bank owned. In that time it has been reduced $37,000. But it also appears to have been under contract at least twice- in February 2012 and in March 2012. The listing says “This one will go […]

Has 18 Years of Price Appreciation Been Wiped Out in Montclare? A 2-Bedroom Cottage at 2421 N. New England

This 2-bedroom vintage cottage at 2421 N. New England in Montclare just came on the market. It is bank owned. The listing says it is “eligible under Freddie Mac First Look Initiative until 5/25/2012.” Built in 1916, it is just 835 square feet. There is no lot size listed but it has a big enough […]

The Bank Owned Vintage 2/2 in East Lincoln Park: 2500 N. Orchard

This vintage 2 bedroom at 2500 N. Orchard in East Lincoln Park just came on the market. It is a Fannie Mae Home Path property. The building was built in 1900. The unit has hardwood floors, a woodburning fireplace, stained glass and exposed brick. The listing says it has central air but doesn’t mention washer/dryer […]

You Can Find Bank Owned Units In Every Corner Of The City: A 3-Bedroom at 55 E. Erie in River North

This 3-bedroom in the luxury high rise at 55 E. Erie in River North just came on the market. It is bank owned. The listing says it has 2028 square feet but the room sizes are estimated. From the pictures, it appears the kitchen and bathrooms are intact. The kitchen has granite counter tops, maples […]