Someone posted a comment about this 2-bedroom foreclosure, Unit #2206, in The Caravel, at 635 N. Dearborn, in the heart of River North about 10 days ago. I didn’t chatter about it because I figured it would sell quickly given the price. It is one of the medium-sized 2-bedroom units in the building at 1225 square […]
As the housing market boomed, so did the Edgewater neighborhood as condos sprang up on every block. 6100 N. Hermitage, a 4-unit building, in Edgewater was completed in 2004. This penthouse unit is going to foreclosure auction this week but is currently on the market. Here’s the listing: 18 MONTH OLD PENTHOUSE, FULLY UPGRADED ON 37X162 LOT! […]
The Park Tower, at 5415 N. Sheridan, is a massive condominium building built in 1972 with uninterrupted views of Lake Michigan. It is located across from Edgewater Beach. Recently there have been a string of foreclosures and short sales in the building. However, it’s a huge building. Current stats (out of around 730 units): 38 […]
As we’ve already chattered about, a lot of the foreclosures are appearing in relatively new construction buildings and conversions. Unit #309 in Lakeview Station, a 2006-built 33-unit building north of Wrigley Field at 3920 N. Sheridan, is scheduled for foreclosure auction this week. It is not currently on the market, so there are no pictures […]
This is the first foreclosure auction I’ve seen in The Pinnacle, the 2004 luxury high-rise at 21 E. Huron in River North. Unit #1801 is scheduled for foreclosure auction this week according to public records, but it is also currently on the market and apparently “under contract.” Here’s the listing: THIS IS A MAGNIFICENT 2BD/2BATH+DEN HOME […]
We haven’t yet chattered about 1335 S. Prairie in the South Loop. It was completed in 2004 and has 170 units. The east facing units have views of Soldier Field and the Lake. Unit #502, a 2-bedroom east-facing unit, is scheduled for foreclosure auction this week but it has been on the market as a short sale. […]
We’ve chattered about 1620 S. Michigan in the South Loop several times this year. Some owners have been under stress in the building. Last May, Unit #522 was going to foreclosure auction. The bank now owns it and has recently re-listed it. Here’s the listing: NEWER CONDO IN NEED OF MINOR, COSMETIC REPAIRS. NEWER APPLIANCES. IN-UNIT […]
Another foreclosure has appeared in The Sterling, at 345 N. LaSalle, in River North. This one is another 3-bedroom. There are no interior pictures available. Unit #3902: 3 bedrooms, 2 baths, no square footage listed Sold in January 2005 for $827,000 Currently listed for $389,900 (parking is rental only) Assessments of $837 a month Taxes […]
More foreclosures are appearing in The New York, the conversion building at 3660 N. Lake Shore Drive in Lakeview. Unit #3201 is bank-owned and is now listed about 47% below its prior sales price in 2006. Here’s the listing: DYNAMITE FORECLOSURE 2 BEDROOM 2 BATH W/2 BALCONIES OVERLOOKING LAKE AND DOWNTOWN. ASSESSMENTS INCLUDES HEAT/AC, GARAGE […]
This three story townhouse at 5833 N. Sheridan in Edgewater is now bank-owned. It is listed for $201,000 less than the last sale in 2004. But it’s also listed for less than it sold for in 2000. What’s this property really worth? Here’s the listing: ENJOY LAKE VIEWS FROM AN EXCEPTIONAL 3 LEVEL HOME IN PRIVATE […]