Crib Chatter

This 3-flat at 825 W. Newport in Lakeview recently came on the market. A lis pendens foreclosure was filed on it in April 2011. I can’t tell from the public record if it’s already bank owned but the listing says “offer now digitally accepted” and has the type of pictures associated with a bank owned property (the […]

  This 3-bedroom triplex loft in the Bronzeville Lofts at 50 E. 26th in Bronzeville (is this location the Near South Side or Bronzeville or what?- I’m calling it Bronzeville) came on the market in June 2012. It is a Fannie Mae Homepath property and can be purchased for just 3% down. This building is […]

Every day I am reminded of just how long this housing bust will last by the sheer number of short sales and foreclosures that continue to trickle out onto the market even in the most prime neighborhoods. This 1-bedroom in Avenue East at 160 E. Illinois in Streeterville is one of them. It is Fannie […]

This top floor 3-bedroom at 3967 S. Drexel in the Oakland neighborhood (which is just north of Kenwood) recently came on the market. It is bank owned. The building was converted into condos in 2007. It has hardwood floors but that’s about all we know because there are no pictures of the kitchen or baths. […]

This 3-bedroom in Millennium Centre at 33 W. Ontario in River North has been on the market since March 2012. It is bank owned. At 1880 square feet, it is a “true” three bedroom (and not simply a 2-bedroom with a “den” now called a bedroom.) It has hardwood floors throughout. From the listing pictures, […]

This 2-bedroom at the Mandel Bros. Lofts at 811 W. Aldine in Lakeview just came on the market. It is a Fannie Mae Homepath property which allows the purchaser to buy it for just 3% down. At 1400 square feet, it has exposed brick walls and timber ceilings. I can’t tell if it’s on one […]

If you’re a buyer you have a choice between not just one distress property but two in 935 W. Dakin, a 6 unit midrise, in Lakeview. Built in 2004, Unit #1W, a 3/3 duplex down, is already a Freddie Mac Homesteps property. From the pictures, the kitchen and baths appear to be intact. The unit has […]

We’ve chattered about “The Pratt Mansion”, as I’m calling it, at 2100 W. Pratt Boulevard in West Ridge several times over the last couple of years. See our January 2012 chatter here. It was in distress as the bank had filed a lis pendens foreclosure all the way back in 2010. The house had been […]

We’ve chattered about this new(er) construction 7-bedroom single family home at 1111 W. Wrightwood in Lincoln Park several times over the past few years including last July when it was listed as a short sale. See our July 2011 chatter here. After a lis pendens was filed all the way back in April 2009 (that […]

This bank owned 2-bedroom in 111 E. Chestnut in the Gold Coast came on the market in late May 2012. Nearly a month later, it is still available and has been reduced $26,925. It is one of the larger 2 bedroom floor plans at 1600 square feet. It has south, east and west views from […]