Archive for the 'Foreclosures' Category

“Huge Price Reduction” On This Bank Owned 2/2: 950 W. Barry in Lakeview

We chattered about this 2-bedroom unit at 950 W. Barry in Lakeview in August 2010. See our prior chatter here. At that time, it had just come on the market as a bank owned unit. Many of you thought the asking price of $375,000 was too high given its proximity to the El and a […]

Trying to Sell a 5-Bedroom New Construction Home in West Town for Over 2 Years: 1513 W. Huron

This 5-bedroom new construction single family home at 1513 W. Huron has been on and off the market since July 2007. It now appears to be bank owned. Since July 2007, it has been reduced $625,000. From the pictures and the listing, it appears the kitchen is intact with stainless steel appliances and stone counter […]

How Low Will They Go? 1-Bedrooms Now Under $100K in 1620 S. Michigan in the South Loop

This bank owned 1-bedroom at 1620 S. Michigan in the South Loop recently came on the market. It is listed at $99,900, or $70,100, under the 2006 purchase price. It has hardwood floors, central air and washer/dryer in the unit. From the pictures, it looks like only the refrigerator is missing in the kitchen. There […]

How Low Will They Go in 2625 N. Clark in Lincoln Park?

We’ve chattered about the 2005 high rise conversion at 2625 N. Clark in Lincoln Park several times over the last few years. I decided to post on it again because some of you were chattering about it in one of the other threads. Also, this 1-bedroom on the 7th floor was recently reduced another $14,000 […]

Bank Owned Vintage Penthouse With Roof Top Terrace Sells: 444 W. Belmont in Lakeview

We have chattered about this penthouse unit at 444 W. Belmont in Lakeview several times since it was first listed in August 2008. See our November 2010 chatter and pictures here. Back in 2008, Homedelete predicted it would sell under the 2000 purchase price of $383,000 (even though others vigorously disputed him.) He was vindicated […]

Get 2000 Sq. Ft and 3 Bedrooms for Under $330K in Roscoe Village: 2115 W. Roscoe

This 3-bedroom bank owned unit at 2115 W. Roscoe, literally in the heart of Roscoe Village, has been on the market since September 2010. The bank has not been able to sell it. Originally listed at $439,000 in September, the bank has been dropping the price but got aggressive this week when it dropped the price $40k in […]

Get a 3-Bedroom House for the Price of a Condo: 4919 N. Magnolia in Uptown

This bank owned 3-bedroom vintage frame house at 4919 N. Magnolia in Uptown has been on the market since September 2010. The bank has reduced the price $55,100 in that time. It is now listed $205,100 under the 2005 purchase price of $505,000 and is cheaper than some nearby condos. Built in 1905 on a […]

Bank Owned North Center 3-Bedroom Home Listed $740K Under 2005 Price: 1930 W. Oakdale

This newer construction bank owned 4-bedroom single family home at 1930 W. Oakdale in North Center near Hamlin Park has been on the market since October 2010. (This is showing up as North Center in the neighborhood designation- but most would call it, probably, Roscoe Village.) In that time, it has been reduced $81,600. At […]

No One Wants This Bank Owned East Lakeview Paris Maisonnette: 3100 N. Sheridan

We last chattered about this 2-bedroom vintage unit in The Barry, at 3100 N. Sheridan, in East Lakeview in September 2010. See our prior chatter here. Back then, it had just come on the market as a bank owned unit and was listed $39,600 under the 2007 purchase price. Since September it has been reduced […]

Lowest Ever 2-Bedroom Sale in The Sterling? 345 N. LaSalle in River North

We last chattered about this 2-bedroom bank owned unit in The Sterling at 345 N. LaSalle in River North in November 2010 and wondered if prices were double dipping See our prior chatter here. At that time, the bank had recently lowered the price $22,500 because there were no takers. The unit recently sold for […]