Crib Chatter

The boarded up bank owned 3-flat at 1114 W. Roscoe in Lakeview that we chattered about just a few weeks ago has already sold. See our prior chatter here. As you recall, there was only one interior picture of the property and it indicated that it needed work. The 3-flat was on a standard lot […]

In November 2009 we chattered about a bank owned 2-bedroom unit, Unit #50D, in 33 W. Ontario, better known as Millennium Centre, in River North. See our prior 2009 chatter here (and a discussion about how we would see a “bottom” in 2010 because we were not Japan.) At that time, it was listed for […]

We last chattered about this 1951 high rise at 6030 N. Sheridan in Edgewater in October 2009. See our prior chatter here. At the time, a bunch of units were in distress in the building. It doesn’t look like much has changed in 2011. This 1-bedroom is currently bank owned and is listed for about […]

This bank owned 1-bedroom unit at 630 N. Franklin in River North has been on the market since November 2010 without any takers. In that time, the bank has reduced $41,000. It is now listed for $62,600 under the 2005 purchase price. From the pictures, it looks like the kitchen is still intact. It has […]

This contemporary new construction building at 1919 W. Crystal in Wicker Park was designed by Studio Dwell. Studio Dwell are architects who are a favorite in Chicago among those seeking contemporary design. Sales commenced in the 9-unit building in 2007. Several units sold in 2009 and the last sale was apparently in October 2010. 6 out of […]

We’ve chattered about a short sale in The Palmolive Building, at 159 E. Walton (or as the official records list it- 919 N. Michigan) in the Gold Coast before. But just before the new year, the first foreclosure popped up in the building. It is NOT the same unit as the one that had been […]

When we last chattered about this newer construction 2-bedroom bank owned unit at 3014 N. Sheffield in Lakeview in November 2010 it had been reduced by $35,000. See our November 2010 chatter here. I asked whether it would ultimately sell for under $300,000. Apparently, the answer is “yes” as it’s been reduced again and is […]

This 1-bedroom condo just came on the market in the low rise building at 1419 N. State Parkway in the Gold Coast and is listed for just $95,950. Yes, it is bank owned. It is the cheapest unit for sale in the building (out of 3 units currently available) which was built in 1967. The […]

We actually chattered about this 3-bedroom rowhouse at 1016 W. Grace in Lakeview in July 2010 when it was in short sale and was listed just $140,000 under the 2005 purchase price. See our July 2010 chatter here. Since then, it was withdrawn from the market and is now bank owned. It came back on the market just 4 days ago […]

This bank owned 3-bedroom unit at 1841 S. Calumet in the South Loop just came on the market. It is listed for $193,000 under the 2006 purchase price. From the pictures, it appears that all the kitchen appliances, the bathrooms, and even the washer/dryer are intact. The northeast facing unit has floor to ceiling windows with views […]