We chattered about this 2-bedroom unit in Elm Tower at 1155 N. Dearborn in the Gold Coast several times over the last few years. See our November 2010 chatter here. The unit originally sold in 2002 for $621,000. In November, it was bank owned and listed for $399,000. One of you thought it would have […]
We haven’t chattered about Rogers Park in awhile. This 2-bedroom unit at 7625 N. Eastlake Terrace recently came on the market. It is bank owned. The unit is listed $92,200 under the 2005 purchase price but is still priced above the 2004 purchase price. The 40-unit building was constructed in 1997. It has hardwood floors throughout. The […]
This 2-bedroom duplex up at the Logan Station at 2507 N. Milwaukee in Logan Square is bank owned. It is listed for about 46% under the 2007 purchase price. This development was new construction and sold in 2007. The living room, dining room and kitchen are on the main level and there are 2 bedrooms […]
We last chattered about this 2-bedroom duplex down at 2750 N. Seminary in December 2010. See our prior chatter here. It had been bank owned for 11 months before it was finally listed for sale. It sold 3 months later for $132,500 under the 2001 purchase price. In later listings, two interior pictures were added […]
This 1-bedroom at 1347 W. Eddy in the Southport neighborhood of Lakeview has been on the market since January 2011. In that time, it has been reduced $20,000. The unit is currently listed $89,100 under the 2008 purchase price. It is a Fannie Mae property and can be bought with as little as 3% down. […]
This garden 2-bedroom at 1346 W. George in Lakeview has been on the market since December 2010. It is bank owned. In that time, it has been reduced $50,000 and has gone under contract once (but was re-listed.) The unit is currently listed for 53% under the 2004 purchase price. From the pictures, it appears […]
We’ve chattered about the distress sales in The New York Residences at 3660 N. Lake Shore Drive in Lakeview before. The building was an apartment to condo conversion in 2004/2005. This 2-bedroom on the 13th floor is currently listed for about 52% under the 2004 price. Yes, it is bank owned. It has been on […]
This 2007 construction 2-bedroom unit in a 12-unit mid-rise building at 2130 W. Belmont in Roscoe Village just came on the market. It is bank owned. It is listed for $275,100 under the 2007 purchase price. The listing says the home is eligible under the Freddie Mac first look initiative through 3/23/11. The unit has all the […]
This 2-bedroom townhouse at 1510 S. Sangamon in the University Village neighborhood has been on and off the market since November 2010. It is bank owned. In that time, it has been reduced $50,700. It is now listed for about 30% under the 2005 purchase price. From the listing pictures, it appears that the kitchen and […]
This 3-bedroom bank owned unit at 1400 N. Lake Shore Drive in the Gold Coast recently went under contract after being reduced $60,000 by the bank since October 2010. It is also currently listed 62% under the 2008 purchase price. One of the rare 3-bedroom units in the building, it had been completely gutted and […]