Crib Chatter

The listing says this 7-bedroom single family home at 4208 N. Kedvale in Old Irving Park is the former convent of the church. Built in 1934, the house is now bank owned. It is only a few blocks from the Irving Park Metra station. It has central air but it appears that there is no parking. The […]

This 2-bedroom vintage unit at 747 W. Cornelia in East Lakeview just came on the market. It is bank owned and listed $37,500 under the 2006 purchase price. Looks like it was a 2006 conversion. It has hardwood floors, a sunroom, and a porch. The unit has all the bells and whistles you’d expect out […]

This bank owned 2-bedroom unit at 2159 N. Stave in Logan Square is another property that needs some completion before you can move in. The listing says the unit has been “brought to drywall.” No HOA is in place for the building, which appears to be 2 units. According to the listing, you also can’t […]

This 6-bedroom vintage single family home at 10829 S. Wood in the Morgan Park neighborhood on the South Side became bank owned in June 2007. It has been on the market since November 2008. The bank has been following the market down ever since. It is now priced just $20,000 over the 1992 purchase price. The […]

This bank owned 5 bedroom single family home at 1342 N. Leavitt in Wicker Park is currently listed more than 40% under its last sale in 2004. And it’s also listed $211,600 under the 2000 purchase price. From the pictures, it looks as though the kitchen and bathrooms are intact although the listing does say the house is […]

Many buyers are specificially looking for foreclosed properties, believing they are the better “deal”. This 2-bedroom bank owned unit in the mid-rise at 1250 S. Indiana in the South Loop just came on the market. It is actually priced $6,000 higher than the 2005 purchase price. The kitchen cabinets appear to be intact (from what […]

Want some space and your own private top floor terrace in the West Loop? This 3-bedroom bank owned penthouse unit just came on the market at 933 W. Van Buren and has already been reduced by $11,000. From the pictures, it appears to have the kitchen cabinets and bathrooms still intact. The appliances are missing in the kitchen, […]

This bank-owned 7-bedroom vintage brick mansion at 5438 S. Hyde Park Boulevard in Hyde Park has been on the market a month and is listed at 50% off its 2006 purchase price. The listing says it retains many of its vintage features (but there are no interior pictures listed). Built in 1902, the listing says it has a newer […]

According to the Tribune, Unit #2A at 1351 N. Ashland in West Town sold in February 2008 for $290,000. It is now bank owned and is listed for $180,700 under the 2008 purchase price. It is a cash only sale. But if you’re an investor, you’ll have to wait a day or two more because, according […]

Living close to the loop just got cheaper as this bank-owned townhouse recently came on the market in the Fulton Market neighborhood at 310 N. Clinton. At 2000 square feet, it appears to have its kitchen and baths intact. It also has 3-bedrooms plus a den and an attached garage. The townhouse is listed above the prior 2004 […]