Crib Chatter

We chattered about this bank owned property at 257 E. Delaware in Streeterville about 2 months ago. It’s still on the market and has been reduced $95,000. Does this make it a “great buy” (what the listing says- not me?) Re/Max Properties Northwest has the listing. See more pictures here (including the funky bathroom.) Unit #2B2D: […]

Yes, some properties are selling. Some are selling within a day (or hours.) For the right price. Take this 3-bedroom penthouse unit at 2250 W. Chicago in West Town that came on the market last week. It was under contract the first day on the market. Why? How about a 52% price reduction from the […]

What is land worth in East Rogers Park? That’s the question as this 1908-era single family home at 1517 W. Birchwood, that apparently needs a total rehab, goes to foreclosure auction this week. No one has been enticed by the low “as-is” price apparently. Here’s the listing: GREAT OPPORTUNITY. EXCELLENT EAST ROGERS PARK LOCATION – JUST 2 BLOCKS FROM […]

This 1915-era mansion at 6759 S. Bennett in the Jackson Park Highlands historic district on the south side was apparently rehabbed by a contractor featured on MTV’s Cribs show. It is going to foreclosure auction this week. Here’s the listing: FROM THE LUXURY DREAM HOME COLLECTION!!! PRESTIGIOUS CHICAGOLAND JACKSON PK HIGHLAND BEACH & GOLF COURSE COMMUNITY.A RARE OPPORTUNITY ON […]

This 4-bedroom townhouse at 2220 N. Kenmore in Lincoln Park just came on the market as a bank owned property. It is listed at about 45% below the 2006 selling price. Here’s the listing: BANK OWNED- SOLD AS-IS!! LOCATION! LOCATION!! BEAUTIFUL LINCOLN PARK TOWNHOME! 4 BEDROOM, 2.5 BTHS. ALL CONTRACTS/OFFERS ARE SUBJECT TO INDYMAC BANKS SENIOR […]

We last chattered about 2625 N. Clark in Lincoln Park in March 2008 when there was a bunch of short sales going on in the building. Built in 1983, the 133-unit apartment building was converted into condos in 2005. Unit #1504 was available in a possible short sale in March (the listing called it an […]

All you lovers of unique spaces- this one is for you. We talked about Unit #10 at 1658 W. Superior in West Town last February. As Kenworthey said:  “That is the coolest thing I have ever seen…” It never sold and was withdrawn from the market. It’s back, bank-owned and listed at the 2000 price. […]

In May 2008, we chattered about this 8-unit conversion building at 928 W. Eastwood in Uptown which had numerous units in short sale. At that time, it appeared that some of the units were still in various stages of construction as well. Two units, Unit #1W and #1E, went into foreclosure and are now bank-owned. They’re being […]

The Park Alexandria, at 125 S. Jefferson, on the west side of the Loop (some might consider that area to be the west loop) was built in 2003 as part of the continuing downtown residential renaissance. One 2-bedroom has gone to foreclosure and is now back on the market as a bank-owned property. Is this even a […]

We’ve chattered several times about the short sales and foreclosures in 2000 Lincoln Park West, a vintage apartment building that was converted into condos in 2004-2005, and which sits across the street from the Lincoln Park Zoo. Just as a refresher, the units do not have central air, no washer/dryers and there is no deeded parking […]