Archive for the 'Foreclosures' Category

Bank Owned Vintage Duplex in the Gold Coast $200K Under 2005 Price: 1255 N. State Parkway

We’ve chattered about The Churchill, at 1255 N. State Parkway, in the Gold Coast before. Built in 1924, it is a favorite amongst vintage fans for its authentic vintage units, some with hidden interior outdoor terraces. This bank owned 2-bedroom duplex is one of those with a big private outdoor terrace. It also is now listed […]

Single Family Home First a Short Sale and Now Bank Owned: 2533 N. Greenview in Lincoln Park

We first chattered about this 5-bedroom single family home at 2533 N. Greenview in Lincoln Park all the way back in September 2008. At the time, it was listed on Craigslist as a short sale but said it was rented out for $5,000 a month. Check out the September 2008 chatter and pictures here. We […]

Is $199,900 the New Market Rate for 1-Bedrooms in River North? 2 E. Erie

This bank owned 1-bedroom at 2 E. Erie in River North is now listed at what seems to be the going rate for these conversion 1-bedrooms: $199,900. This high rise was built in 2002 and was originally, I believe, supposed to be apartments but was converted in 2005 into condominiums. The unit has carpeting throughout. The kitchen has white […]

A Bank Owned 2-Flat Within Blocks of U.S. Cellular Field: 3550 S. Parnell in Bridgeport

This bank owned vintage 2-flat at 3550 S. Parnell in Bridgeport recently came on the market. It appears to have a lot of the bells and whistles a landlord might be looking for in a rental property. Built in 1891, the 2 unit building consists of the following: Unit #1: 3 bedrooms, 1 bath Unit […]

80% Off the 2007 Price in East Humboldt Park: 1216 N. Rockwell

This bank-owned 3-flat at 1216 N. Rockwell in East Humboldt Park (also known as West Town in the MLS) is currently listed for 80% under the 2007 purchase price. There are no interior pictures so we don’t know the condition of the units. The building was built in 1878. Here are the unit sizes: Unit […]

Bank Owned 2/2 at Just About 1997 Price in Edgewater: 6150 N. Kenmore

This bank owned 2-bedroom just came on the market at 6150 N. Kenmore in Edgewater. This mid-rise building with some lakeviews was built in 1968 and has 56 units. From the pictures, the unit appears to have both the kitchen and the bathrooms intact. The kitchen has white appliances and cabinets. There is carpeting throughout. The unit […]

The Bank Owned New Construction Home: 3726 N. Hermitage in Lakeview

This 5-bedroom single family home at 3726 N. Hermitage in Lakeview was built in 2007 but never sold from the developer. It is now bank owned. First listed in January 2007, it was de-listed in October 2008 only to come back on the market, from the bank, about a month ago. It has been sitting empty for 17 […]

Bank Owned 1-Bedroom $95K Under 2006 Purchase Price: 150 W. Superior in River North

This 1-bedroom plus den in the midrise building at 150 W. Superior in River North has been on the market since February 2010 as a bank owned unit. It has been reduced by $60,100 since that time. It is also now listed for $95,600 under the 2006 purchase price. The unit has hardwood floors and, according […]

Going Back to the 1994 Price in the Gold Coast? 1000 N. Lake Shore Drive

We last chattered about this 1-bedroom unit at 1000 N. Lake Shore Drive in the Gold Coast 11 months ago. See our prior chatter here. Back in May 2009, the unit was in short sale and had just been reduced to $159,900. Several of you thought it would sell for $120,000 to $125,000. The unit […]

How Low Will This Bank Owned Lincoln Park 2-Flat Go? 2610 N. Mildred

We chattered about this 2-flat at 2610 N. Mildred in Lincoln Park in early January 2010 just before the bank took possession. See our prior chatter here. It is still on the market and has since been reduced by $92,000. It is now listed for $103,050 under the 2003 purchase price. As you recall, each […]