Crib Chatter

This 2-bedroom unit at 4245 N. Lincoln in North Center is bank owned. Built in 2007, 2 out of 4 of the units are currently on the market and both are bank owned. The listing for Unit #4 says a contractor with experience is needed. The unit has been striped of its interior. There is […]

This 2-bedroom unit at 950 W. Barry in Lakeview looks like it is bank owned just a little over 2 years after its purchase. Listed in mid-July as “corporate owned” and “as-is” – it has recently been reduced $24,000. (The public records do not yet show this property as bank owned but I’m assuming it is from the […]

We chattered about this 1-bedroom duplex unit at 1221 N. Dearborn in the Gold Coast in February 2010. See our prior chatter here. It was bank owned and the price had already been reduced several times. Yet it sat on the market. It finally recently closed for just $11,900 above the 1998 purchase price. The building […]

If you’re interested in this 2-bedroom single family home at 1738 W. LeMoyne in “true” Wicker Park, you may be out of luck as your “highest and best” offer was due, yesterday, on July 27 by 5pm. It just came on the market 4 days ago and is bank owned. The house was built in 1888 […]

This 3-bedroom duplex down newer construction condo at 3023 N. Damen in Roscoe Village recently came on the market. Located across from Hamlin Park, the building was constructed in 2006. The unit is now bank owned and is listed for about 57%, or $319,100, under the 2007 purchase price. The listing doesn’t say anything about the condition of […]

These two new construction mansion houses at 2226 W. Medill and 2230 W. Medill in Bucktown were among the earliest foreclosure mansions we chattered about way back in January 2008. See our January 2008 chatter and pictures here. What happened to them? Built at the same time and in the same architectural style, they were both sold […]

Looking for a lot of space in the South Loop? This bank owned unit at 22 E. Cullerton recently came on the market and it has 1875 square feet. This is the top floor duplex up unit with a spiral staircase taking you to the loft. The building was constructed in 2003. Does it have a roof […]

We’ve chattered about the distress sales in 10 E. Ontario in River North numerous times over the past few years. Even I can’t keep up with the pace of the foreclosures in that building (and also the sales.) This 1-bedroom bank owned unit recently came on the market on the 33rd floor. It has carpet […]

This unique 4-bedroom 4-bath duplex unit at 400 E. Randolph in Lakeshore East, or the Millennium Park neighborhood, just came on the market. It is bank owned and the listing says “attention investors and rehabbers!” Each floor has two bedrooms and two baths. It appears two 2/2 units were combined with a circular staircase. There […]

We last chattered about this 1-bedroom unit in the Fairbanks at City Front Plaza at 240 E. Illinois in Streeterville in August 2008 when it appeared to be the first unit to have a lis pendens filed against it. See our August 2008 chatter here. Back in August 2008, we were still chattering about flips […]