Archive for the 'Foreclosures' Category

Crain’s Reports on Foreclosure Suits Filed on Lincoln Park Mansion Sites

In case you might have missed this story because you have a summer work time schedule on Fridays, Crain’s reported about a foreclosure lawsuit on 3 Lincoln Park luxury home sites. From Crain’s: Foreclosure suits seeking more than $8.2 million have been filed against two sites controlled by a developer of high-end Lincoln Park homes […]

Want Space? Large Bank Owned Garden Unit Awaits at 4335 N. Mozart

This 3-bedroom garden unit at 4335 N. Mozart in Irving Park has loads of space. It is also bank-owned. It has parking, central air, washer/dryer in the unit and low assessments. Is this a “deal” at this price? Matt Garrison at Coldwell Banker has the listing. See more pictures here. Unit #1: 3 bedrooms, 2 […]

Wicker Park Bank Owned Mansion Sells for More than List: 1220 N. Damen

Remember this new construction single family home at 1220 N. Damen in Wicker Park that was bank owned and missing its bathrooms? See our prior chatter and pictures here. It quickly found a buyer and closed for $100,100 over the list price. Was this a steal? 1220 N. Damen: 5 bedrooms, 4.5 baths, 2 car […]

Bank Owned Gold Coast Coach House Finally Sells: 1234 N. Dearborn

Remember the bank-owned Gold Coast coach house that we chattered about several  times in 2008 at 1234 N. Dearborn? After over a year on the market and numerous price reductions by the bank, it finally sold for under its 2000 purchase price. Did someone get a deal on this property? To refresh your memory- check out the […]

Foreclosures Still Occuring in The Sterling: 345 N. LaSalle in River North

If you’ve felt like you’ve “missed out” on buying a bank-owned unit in The Sterling, at 345 N. LaSalle in River North, fear not. Foreclosures are still trickling on the market in the building such as this 2-bedroom, 27th floor unit that was recently listed. In the last year, some lower floor 2/2s sold for around $250,000 to $260,000. […]

Bank Owned Vintage 3-Flat in Southport: 3510 N. Ashland

This 1898 vintage 3-flat at 3510 N. Ashland in Southport appears to have many features that would make it attractive to investors. It’s in a prime rental neighborhood, each unit has a renovated kitchen, a washer-dryer in the unit and central air and there is 3-car parking. The building is also listed for $386,100 under […]

River City Foreclosures Continue: 800 S. Wells in Printers Row

We last checked in on River City, at 800 S. Wells, in Printers Row in the South Loop in July of 2008. Back then, some foreclosures and short sales were selling, but the building was still among the top for foreclosures and short sales in the downtown. See our prior chatter and pictures here. But never fear […]

What’s Selling? Homes at 50% off 2006 Prices: 2922 N. New England

Foreclosures and short sales continue to dot the landscape in the far western corners of the city like this 4-bedroom 1939 brick tudor at 2922 N. New England in Monteclare (which is next to Oak Park.) Monteclare is full of brick bungalows, tudors and other smaller homes built mainly in the 1930s. This is a foreclosure that was […]

Juicy Foreclosures Still Occurring in 33 W. Ontario in River North

We’ve chattered about various units in 33 W. Ontario in River North in the past. This 2-bedroom foreclosure just came on the market for more than 50% under its 2005 purchase price. It is already under contract but the list price for this one is making me think 33 W. Ontario might give 345 N. […]

Foreclosure Alert: 3-Bedroom Vintage Under 2002 Price: 670 W. Irving Park Road

The Pattington is a 1904 vintage court yard building on Irving Park Road a block or so from the lake on the edge of Lakeview and Uptown. This 1800 square foot 3-bedroom unit at 670 W. Irving Park Road just came on the market from the bank and is listed below the 2002 purchase price. The listing […]