Archive for the 'Foreclosures' Category

Want a Bank Owned $3 Million Lincoln Park Mansion? 2662 N. Geneva Terrace

This 7-bedroom new construction single family home at 2662 N. Geneva Terrace in Lincoln Park is in an enclave of mansion homes called “Geneva Terrace”. The listing says this is a bank owned house (as is its neighbor across the courtyard at 2659 N. Geneva Terrace which is listed for $3.25 million.) Geneva Terrace appears […]

Get 2-Bedrooms For Under the 1998 Price a Half a Block from Wrigley: 3516 N. Sheffield

This 2-bedroom top floor unit in a former church at 3516 N. Sheffield just a half a block away from Wrigley Field in Lakeview has been on the market since March 2011. It is bank owned. In that time, it has been reduced $31,000. It is not only listed $108,500 under its 2004 purchase price but also […]

Get a 1-Bedroom Motor Row Loft for Under $95K: 2000 S. Michigan in the South Loop

It’s been awhile since we chattered about the Locomobile Lofts at 2000 S. Michigan in the Motor Row neighborhood of the South Loop. This 1-bedroom loft recently came on the market for just $94,900. It is bank owned. The loft is listed $98,600 under the 2004 purchase price and is the cheapest 1-bedroom currently listed in […]

Auctioned Off 2/2 in The Eddystone Sells for $127K Under the 2004 Price: 421 W. Melrose

We last chattered about this vintage 2-bedroom in the historic Eddystone at 421 W. Melrose in Lakeview in December 2010. See our prior chatter here. It had been Fannie Mae owned since May 2010. After a few months on the market as a traditional listing, the unit then went to auction. From the original pictures- […]

The $2 Million 6-Bedroom Bank Owned Greystone: 1111 N. Hoyne in the Ukranian Village

This 6-bedroom well-known greystone at 1111 N. Hoyne in the “real” Ukranian Village in the West Town neighborhood recently came on the market. Many of you wrote me requesting discussion about it due to its unusual interior, the size of the property, its location and that it was now bank owned. The greystone was originally built […]

2-Bedroom “Maisonnette” in The Barry Going to Auction: 3100 N. Sherdian in Lakeview

We’ve chattered about this bank owned 2-bedroom unit in The Barry at 3100 N. Sheridan in Lakeview several times. See our January 2011 chatter here. It has been bank owned since June 2010. The bank first listed it in September 2010 and has been lowering it since then but there still haven’t been any takers. In […]

Bank Owned 2-Bedroom at 3014 N. Sheffield in Lakeview Finally Sells for 55% Under 2006 Price

We’ve been chattering about this 2-bedroom at 3014 N. Sheffield in Lakeview since October 2010. See our last chatter in February 2011 here. It is bank owned and the bank has slowly been lowering the price over the last few months. It finally went to auction and sold for about 55% under the 2006 purchase […]

Get a 2/2 With Parking for Under $370K in River North: 421 W. Huron

This 2-bedroom unit at 421 W. Huron in River North recently came on the market. It is bank owned. From the pictures, it appears the kitchen and baths are intact with everything except appliances. At 1500 square feet, the unit also has a den. This unit is priced well under the other two 01 units […]

Get an East Lakeview 1-Bedroom For Under $73,000: 546 W. Surf

Looks like no one wants this vintage one bedroom in a courtyard building at 546 W. Surf in East Lakeview. Originally listed on April 12 for $129,900 it recently had a drama reduction all the way down to $72,500. This building went condo in 2006. The unit is now priced $143,500 under the 2006 purchase […]

FINALLY! Bank Owned 2/2 at 507 W. Aldine in Lakeview Sells

We’ve been chattering about this 2-bedroom at 507 W. Aldine in Lakeview for years. You can see interior pictures of the unit in our May 2009 chatter here. It represents the full circle of the housing bust. We saw it go from: Normal sale to Short sale Into foreclosure and bank owned Then listed from […]