Crib Chatter

This 2-bedroom in the midrise building at 1228 W. Monroe in the West Loop has been on the market since June 2011. In that time it has been reduced $10,000. It is bank owned. At 1008 square feet, it has hardwood floors in the main living areas. From the pictures, it appears that the kitchen […]

This bank owned 1-bedroom at 757 N. Orleans in River North appears to be among the first distress sales in the building. Built in 2008/2009, 757 N. Orleans hasn’t yet sold out its units from the developer. The unit was purchased in 2009, had a lis pendens filed in 2010 and the bank took it […]

This 2-bedroom in the Venetian at 222 W. Division in Old Town was just reduced. The bank owned unit has been on the market since May 2011 and the price has now been cut $64,500. It is now listed for about 40% below the 2004 purchase price. From the pictures in the listing, it appears […]

This bank owned 3-bedroom at 3301 N. Oakley in North Center has been on and off the market since at least February 2010. At one point, it was listed for $155,000 before being withdrawn. It recently came back on the market for just $49,900. The building has 3 units and was converted into condos in […]

This 2-bedroom garden unit at 2212 N. Sedgwick in East Lincoln Park has been on the market since February 2011. [Sorry for the crappy picture! And you can’t even see the windows for the garden unit either. What was I thinking?] It has been reduced $115,100 in that time and is now listed for only $199,900. […]

We last chattered about this bank owned 3-bedroom at 190 E. Walton in the Gold Coast in February 2011. See our prior chatter here. The chatter evolved into a discussion about using videos to market upscale properties- as Joe Zekas from YoChicago did a video on this property last winter. Some of you (myself included) […]

We last chattered about this bank owned 2-bedroom at 930 N. Wood in the East Village neighborhood of West Town in June 2011. See our prior chatter here. At that time, it had finally gone under contract after 5 months on the market and several price reductions. Some of you thought for the amenities (parking, […]

We chattered about this 2-bedroom in The Barry at 3100 N. Sheridan in Lakeview several times over the last few years. When we last checked in on it in May 2011, it was bank owned but no one was buying it so it was going to auction. See our May 2011 chatter here. It was […]

This 2 bedroom at 440 N. Wabash in River North – just down the street from Trump Tower- recently came on the market. It is the cheapest 2-bedroom available in the building at $236,000. The listing says it is a “multiple offer situation.” Offers were due by July 22, but so far, from public records, […]

We last chattered about this bank owned 1-bedroom at 546 W. Surf in Lakeview in April 2011 after it had just had a “drama” reduction in its price from $129,900 to $72,500. See our prior chatter here. In that time- some of you have updated its status in the comments section as it went under […]