Archive for the 'Foreclosures' Category

Bank Owned 6-Bedroom Greystone Reduces $480K: 1111 N. Hoyne in Ukranian Village

We last chattered about this 6-bedroom bank owned greystone at 1111 N. Hoyne in the Ukranian Village neighborhood of West Town in May 2011. See our prior chatter here. If you recall, the greystone was originally built in 1905, but none of its interior vintage features remain. The house now spans 3 lots measuring 75×105 and […]

Live in a 3-Bedroom Penthouse in the Heart of the Action for Under $260K: 2124 W. Division

This 3-bedroom penthouse at 2124 W. Division in West Town has been on the market since August 2011. In that time, it has been reduced $90,000. It is bank owned and now listed at $259,900. From the pictures, it appears that at least part of the kitchen is intact and there are some appliances (the […]

Get a 2-Bedroom Loft for 38% Off the 2008 Price: 333 W. Hubbard in River North

This 2-bedroom loft in the Union Square Lofts at 333 W. Hubbard in River North has been on the market since August 2011. It is bank owned and has been reduced $9100 in that time. It is in the concrete portion of the building, so it has concrete ceilings and some exposed brick along the […]

From $525,000 to $192,500 for This American 4-Square in Rogers Park: 1530 W. Touhy

This 5-bedroom American 4-Square at 1530 W. Touhy in Rogers Park just came on the market. It is bank owned. Built in 1916 on an oversized 50×164 lot, 3 bedrooms are on the second floor and 2 are on the third. It also has an unfinished basement and a 2 car garage. Unfortunately, the listing […]

Trying to Sell a Bank Owned 2/2 in Streeterville: 247 E. Chestnut

This bank owned 2-bedroom at 247 E. Chestnut in Streeterville came on the market in August 2011. Priced at $262,000 it has since been reduced to $219,900. The corner unit has hardwood floors in the main living space. From the pictures, it appears the kitchen is intact and has stainless steel appliances and granite counter tops […]

Got Cash? Get a 2/2 in Andersonville For Only $79,000: 5607 N. Clark

This corporate owned 2-bedroom at 5607 N. Clark in Andersonville has been on the market since August 2011. I don’t yet have a picture of this building because I had no idea it was even condominiums. It appears that it was converted into condos in 2007/2008. This particular unit was purchased in January 2008 for […]

Bank Owned East Lakeview 1-Bedroom Now Listed Under the 2000 Price: 550 W. Surf

This 1-bedroom in the historic Commodore at 550 W. Surf in East Lakeview has been on the market since July 2011. It is bank owned. It has been reduced $17,100 in that time and is now listed $9,100 under the 2000 purchase price of $164,000. From the listing pictures, it appears that the kitchen is […]

Bank Owned 2/2 in Old Town Finally Sells: 222 W. Division

We last chattered about this 2-bedroom in the Venetian at 222 W. Division in Old Town in August 2011. See our prior chatter here. On the market since May 2011, it had been reduced to where it was listed at 40% off the 2004 purchase price at $249,900. The unit recently sold for $242,000. If […]

Get a “Lovely 4Bed/2Bath Home” in Morgan Park for $11,500: 1329 W. 111th

This 4-bedroom 2-flat at 1329 W. 111th in Morgan Park just came on the market. It is bank owned. The listing describes it as a “LOVELY 4BED/2BATH HOME WITH SPACIOUS ROOMS. GREAT BUY FOR BEGINNING INVESTOR OR LARGE FAMILY. ” Be sure to check out the listing pictures. The kitchen appears to have some of […]

“Multiple Offer Situation” Sells for $31,500 Over the List: 440 N. Wabash in River North

We last chattered about this bank owned 2-bedroom at Plaza 440 at 440 N. Wabash in River North in July 2011. See our prior chatter here. Listed at just $236,000, which included parking, the listing said it was a “multiple offer situation” Several of you argued that this was indeed a deal at $236,000 because you […]