Archive for the 'Foreclosures' Category

A Single Family Home Under $100K in the Oakland Historic District: 4160 S. Lake Park

This 4-bedroom bank owned single family home recently came on the market at 4160 S. Lake Park in the Oakland Historic District on the South Side. Built in 1890, the listing says it retains many of its vintage features. Its four bedrooms are all located on the second floor. It also has a 2.5 car […]

4 Months Later and This Foreclosure Is Still Available: 933 W. Van Buren in the West Loop

We last chattered about this 3-bedroom penthouse foreclosure at 933 W. Van Buren in the West Loop in August 2009. See our prior chatter here. At that time, many of you thought it would sell quickly at its list price, which was about $200,000 under the 2003 purchase price. It’s 4 months later and the […]

2-Bedroom Bank Owned Unit in River North for Under $300,000: 600 N. Kingsbury

We’ve chattered about bank owned units in 600 N. Kingsbury in River North before. But this bank owned 2-bedroom recently came on the market priced about 40% under the 2006 purchase price. At 1200 square feet, it has carpet throughout but it appears, from the pictures, that the kitchen is intact. It looks like it […]

Deal of the Week on a 2-Flat in North Center? 2141 W. Cullom

This brick 2-flat at 2141 W. Cullom in North Center recently came on the market. It is bank owned. The units consist of the following: Unit #1: 2 bedrooms, 1 bath Unit #2: 3 bedrooms, 1 bath Built in 1908, the building doesn’t have central air. It also doesn’t have any parking. While it’s clear […]

Bank Owned 2-Bedroom Under the 2000 Price in Southport: 1241 W. Grace

This 2-bedroom vintage unit at 1241 W. Grace in the Southport neighborhood of Lakeview has been on the market since early November. It is bank owned. The property has been reduced by $20,000 and is now listed for $100 less than the 2000 purchase price. The unit recently went under contract. It has some vintage features […]

Bank Owned 2-Flat in Lakeview for a Bargain Price? 1462 W. Irving Park Road

This 2-flat 1904 greystone at 1462 W. Irving Park Road in Lakeview just came on the market. It is bank owned. The building has some of its vintage features intact, such as hardwood floors, fireplaces and built-ins. There is no central air (window units) but there is a 2-car garage. Each unit is 3 bedrooms […]

Bank Owned 3-Bedroom With City Views: 737 W. Washington in the West Loop

We’ve chattered about Skybridge, at 737 W. Washington, the award winning high rise right on the Kennedy Expressway in the West Loop several times before. A 3-bedroom bank owned unit is on the market on the 17th floor that has western and southern “city views”. For those of you who think the downtown is the […]

Bank Owned 2-Flat in Uptown for 44% Less Than in 2006: 4887 N. Ashland

This 1894 2-flat at 4887 N. Ashland in Uptown (or is this Ravenswood?) just came on the market. It has been bank-owned since April 2009 but only recently listed. It is listed for $290,100 less than the 2006 purchase price. This 2-flat appears to be large.  Here are the units: Unit #1: 3 bedrooms, 2 baths Unit […]

Another Bank Owned Unit Appears in Avenue East: 160 E. Illinois in Streeterville

We last chattered about a bank owned unit in Avenue East, the new construction high rise just off the Mag Mile at 160 E. Illinois, in September 2009. See our prior chatter on the building here. That 1100 square foot 2/2 ended up selling for $380,000 including the parking. This latest bank owned 2-bedroom looks […]

Prices on Bank Owned Units Fall Further in River City: 800 S. Wells in the South Loop

It’s been about 6-months since we last chattered about River City at 800 S. Wells in the South Loop. We have chattered about this building numerous times over the past two years. In fact, it was one of the first properties I ever chattered on. It looks like the banks are getting a bit more […]