Archive for the 'Foreclosures' Category

Foreclosures Haven’t Gone Away: A 2/2 in River North at 200 W. Grand

Amidst all the excitement about the hot housing market, it’s easy to forget that foreclosures are still ongoing. This 2-bedroom in Grand on Grand at 200 W. Grand in River North recently came on the market. It is bank owned. Built in 2005, it has 1250 square feet. According to the Redfin agent who left […]

The 3-Bedroom Bank Owned House That Just Won’t Sell: 3853 N. Keeler In Old Irving Park

Not everything is selling quickly. Case in point is this 3-bedroom single family home at 3853 N. Keeler in Old Irving Park. It became bank owned in April 2012 and has been on and off the market since last August. The house was built in 2006 on an extra large 62×124 lot. It has a separate […]

Get A Bank Owned 2-Bedroom Loft With Parking For Under $140,000: 1645 W. Ogden In The West Loop

We’ve chattered about the distress sales like this 2-bedroom loft in the Paramount Lofts at 1645 W. Ogden in the West Loop before. The Paramount Lofts has 206 units so it’s taking awhile to work through all the foreclosures. This loft had a lis pendens filed in 2008 and only become bank owned in March […]

Over 3 Years Later, The Bank Finally Takes Back This 2-Bedroom Gold Coast Duplex: 39 E. Schiller

We last chattered about this 2-bedroom duplex up at 39 E. Schiller in the Gold Coast in April 2010. See our prior chatter here. Back then, it was listed as a short sale for $550,000. The building was built in 1980 and many of you thought the unit looked like something out of suburbia. It […]

A Bank Owned Lincoln Park 2/2 Comes On The Market For 18% Under The 2005 Price: 807 W. Lill

This 2-bedroom at 807 W. Lill in Lincoln Park recently came on the market. It’s a Freddie Mac Homesteps property. This building, at the corner of Lill and Halsted, was converted to condos at the height of the market in 2005. This unit has an exposed brick wall, a fireplace and hardwood floors in the main living […]

1 1/2 Years Later, This 2/2 Is Now Owned By Fannie Mae: 2757 N. Lincoln In Lincoln Park

We’ve chattered about this 2 bedroom at 2757 N. Lincoln in the north end of Lincoln Park twice in the last year and a half. See our November 2011 chatter here. Back then, the unit was listed as a short sale and had just done a $60,000 drama price reduction (which evidently didn’t work- because […]

You Have Until Friday At 5 PM To Make An Offer On This West Lakeview 2-Flat: 1454 W. Wellington

This 2-flat at 1454 W. Wellington in West Lakeview just came on the market. It appears to be bank owned. If you’re interested, you have until Friday, January 25 at 5 PM central time to make your “highest and best” offer. There will be showings on 1/23 from 6:00 to 7:30 PM and on 1/24 […]

This “Fantastic Buy” Will Bring You “Joy And Happiness”: 1350 W. Fullerton in Lincoln Park

This 2-bedroom in the Altgeld Club at 1350 W. Fullerton in Lincoln Park came on the market in November 2012. It is bank owned. The listing says: “This is a fantastic buy that will bring you joy and happiness. This delightful 2br-2bth 12′ ceilings will allow you to host the best parties.” The building also […]

The Foreclosures Continue In 2013 In 10 E. Ontario In River North

This 1-bedroom in the Ontario Place Private Residences at 10 E. Ontario in River North recently came on the market. It’s a bank owned unit. The building was converted into condos at the height of the housing bubble in 2006/2007. Foreclosures have been plaguing it for years and it looks like that will continue in […]

This 2/2 In The Gold Coast Is Listed $52,000 Under The 1988 Price: 78 E. Elm

This 2-bedroom at 78 E. Elm in the Gold Coast just came on the market listed at $125,000. Yes, it is bank owned and being sold “as-is.” And yes, it is a garden apartment. The listing says the master bedroom leads to a patio. There are only a couple of pictures with the listing. The […]