This 2-bedroom duplex unit just came on the market at 350 W. Belden in Lincoln Park. It is bank-owned. It is listed for $148,100 less than the 2005 purchase price. The listing says it needs some “TLC” and there are no pictures of the kitchen. However, the listing describes the kitchen as having cherry cabinets and […]
The bank has taken possession of this 2007 new construction 3-bedroom home at 1708 N. Richmond in north Humboldt Park. It is currently listed for $485,100 under the 2007 purchase price. The pictures show the home as having hardwood floors, cherry kitchen cabinets and granite countertops. Is this a deal for a fairly large new construction […]
This bank-owned 2-bedroom loft just came on the market at 900 N. Kingsbury in River North. It is priced $115,100 under the 2003 purchase price. It appears that parking is not included in the current price (but was included in the 2003 sale.) It is the cheapest 2/2 in the building and is cheaper than several […]
We chattered recently about a foreclosed rowhouse in West Garfield Park but foreclosures abound in both West and East Garfield Park. This bank-owned 1893 vintage 4-flat at 3231 W. Fulton Blvd. in East Garfield Park has been on the market since November 2008 with several reductions. $4741 It has recently gone under contract and is […]
Every corner of the city is being plagued by short sales and foreclosures and even the most luxurious and prestigious high rises aren’t immune. This 2-bedroom bank-owned unit just came on the market in the Park Tower at 800 N. Michigan Avenue in the Gold Coast. Many of you would know it as the Park […]
Remember the bank-owned condo at 3023 N. Kenmore in Lakeview? The three-unit building had been converted into expensive condos at the peak of the boom. See our February 2008 chatter and more pictures here. The bank-owned unit has sold. A quick refresher on the building’s history: The building originally sold in October 2004 for $739,000. It […]
Foreclosures and short sales continue at some downtown high rises. We’ve chattered about 440 N. Wabash in River North (next door to Trump Tower) before but the number of owners under stress in the building appears to be growing. The current stats on the building (out of 457 units): 54 for sale (about 12% of the building) […]
Remember our favorite bank-owned Gold Coast coach house at 1234 N. Dearborn? See our October 2008 chatter and pictures here. It’s not too late to own it. The bank has reduced it $105,000 since May 2008. It’s now listed $50,000 below the 2000 sales price. Is this finally a “deal”? A.D.S. Realty now has the […]
In November 2008 we chattered about a bank-owned unit in 1658 W. Superior, in a converted West Town church. With its massive stained glass window, it was dubbed by one of you as “the coolest thing”. See our prior discussion and pictures here. It has finally closed for slightly above the bank-owned asking price. A tipster tells me there were […]