Archive for the 'Foreclosures' Category

Palmolive Foreclosure Sells For About 35% Off the 2006 Price: 159 E. Walton in the Gold Coast

We last chattered about this 2-bedroom bank owned unit in The Palmolive at 159 E. Walton in the Gold Coast in January 2011. See our prior chatter here. On the market since December 2010, it had been reduced $45,000 before going under contract. The unit recently sold for about 35% under the 2006 purchase price. […]

Bank Owned 2-Bedroom Now 45% Below 2006 Price: 3014 N. Sheffield in Lakeview

Yes, it’s still available and has been reduced again. We’ve chattered about this bank owned newer construction 2-bedroom at 3014 N. Sheffield in Lakeview several times. See our January 2011 chatter here. Since January, it was been reduced another $15,495. The unit is now listed 45% below the $499,000 2006 purchase price. If you recall, […]

From $325,000 to $14,900 In Just 4 Years in Grand Boulevard: 4616 S. Vincennes

This bank owned 3-bedroom duplex down at 4616 S. Vincennes in the Grand Boulevard neighborhood on the South Side recently came on the market. It last sold in December 2006 for $325,000. The bank recently listed it for $14,900. The unit has cherry hardwood floors on the main living level with carpet in the lower […]

After (Alleged) Multiple Bids, This Bank Owned 1-Bedroom Sells: 630 N. Franklin in River North

This bank owned 1-bedroom at 630 N. Franklin in River North was the topic of much conversation in January 2011 when it was reduced from $149,900 to $108,900. See our prior chatter here. Here is sampling of what many of you thought about whether or not it was a deal and what it would sell for: […]

East Lakeview 2-Bedroom Bank Owned Vintage Reduced Again: 507 W. Aldine

We’ve chattered about this 2-bedroom vintage unit in the courtyard building at 507 W. Aldine in Lakeview several times over the past 3 years. In fact, it seems like I’ve been posting about this property nearly the entire time I’ve been running Crib Chatter. It first came on the market as a regular sale, then […]

Bank Owned 2-Bedroom Reduced $35K in the Historic Brewster: 2800 N. Pine Grove in Lakeview

This 2-bedroom unit in the historic Brewster building at 2800 N. Pine Grove in Lakeview has been on the market since December 2010. It is bank owned. In that time period, it has had two reductions for a total of $35,000. From the pictures and the listing description, the kitchen and bath appear intact. The kitchen […]

Bank Owned Greystone 3-Flat Listed at 45% Under 2007 Price: 852 W. Oakdale in Lakeview

This vintage 3-flat greystone at 852 W. Oakdale in Lakeview recently came on the market. It is bank owned and is listed for 45%, or $480,000, under the 2007 purchase price. Built in 1891, the greystone is on a 25×125 lot and has a 2-car garage. From the public records, it appears the property was given some […]

“Bank Says Make an Offer”: 3- Bedroom New Construction in West Town: 1649 W. Cortland

This 3-bedroom newer construction unit at 1649 W. Cortland in West Town just came on the market. It is bank owned. The building was built in 2008 and this unit does not appear to ever have sold from the original developer. There are 4 units in the building and only the top floor penthouse sold. Here is […]

Bank Owned 2/2 Listed for $86K Under 2004 Purchase Price: 1111 S. Wabash in the South Loop

This 2-bedroom unit in the highrise at 1111 S. Wabash in the South Loop has been on the market since December 2010. It is bank owned. It has been reduced $15,000 in that time and is now listed for $86,100 under the 2004 purchase price. The unit has 2 bedrooms and a den in 1320 square feet. […]

This Bank Owned 3-Bedroom in the Gold Coast Awaits a Buyer: 190 E. Walton

This 3-bedroom in The Regent, a smaller mid-rise building at 190 E. Walton in the Gold Coast, has been on the market since October 2010 and has been reduced once. It is bank owned. The 3000 square foot unit has hardwood floors throughout and custom built-ins. The kitchen has granite counter tops and a stainless steel […]