Archive for the 'Short Sales' Category

A 2-Bedroom Short Sale Appears in 600 N. Lake Shore Drive in Streeterville

This 2-bedroom in the newer constructed high rise at 600 N. Lake Shore Drive in Streeterville has been on the market since September 2010. In that time it has been reduced $200,000. It is now listed as a “short sale” at $141,000 under the 2008 purchase price. The unit does not have lake views, but instead faces […]

From a List Price of $1.135 Million in 2009 to $675,000 in 2011: 1550 N. State Parkway

We last chattered about this 3-bedroom vintage unit in Benjamin Marshall’s 1550 N. State Parkway in the Gold Coast in May 2011. See our prior chatter here. Since that time, it has been reduced another $124,000 to $675,000. It is now a short sale and is listed 29% below its 2006 purchase price. If you […]

After 2 Years on the Market, Now a Short Sale in Margate Park: 857 W. Ainslie

This top floor 2-bedroom at 857 W. Ainslie in the Margate Park neighborhood of Uptown has been on and off the market since June 2009. It is now listed as a short sale at $141,000 under the 2007 purchase price at just $229,000. Margate Park is commonly thought of as the area of Uptown north […]

4 Years Later, New Construction 5 Bedroom Sells in Short Sale: 1845 N. Winchester in Bucktown

We last chattered about this 5-bedroom new construction single family home at 1845 N. Winchester in Bucktown in August 2010. See our prior chatter here. Many of you did not think the level of finishes matched the price of the property. First listed in July 2007 for $1.549 million, it was reduced several times and […]

Live in a 2/2 Across from Lincoln Park for Under $330,000: 2020 N. Lincoln Park West

Clio pointed out this 2-bedroom at 2020 N. Lincoln Park West across from Lincoln Park in one of our chatters about “deals” in the GreenZone. It recently came on the market as a “short sale” listed $106,000 under the 2007 purchase price. The corner unit has a “rehabbed” kitchen with cherry cabinets, granite counter tops and stainless […]

East Lincoln Park 2-Bedroom Sells for 3% Under the 2000 Price: 632 W. Wrightwood

We last chattered about this top floor 2-bedroom at 632 W. Wrightwood in Lincoln Park in November 2010. [This picture is actually of the sister building to 632 W. Wrightwood which is 2 buildings east down the street and is identical looking. For some reason I didn’t have a pic of 632 itself.] See our […]

Get an Old Town 1-Bedroom for $74,000 Under the 2001 Price: 1212 N. Wells

This 1000 square foot 1-bedroom plus den in the Neapolitan at 1212 N. Wells in Old Town came on the market in May 2011 as a short sale. It is currently listed at $74,100 under the 2001 purchase price. The unit has an east facing balcony and other features buyers look for today including central […]

The 7-Bedroom Lincoln Park Short Sale: 1111 W. Wrightwood

I’ve been watching this new construction 7-bedroom single family home at 1111 W. Wrightwood in Lincoln Park for some time. It has been on and off the market since March 2008 and is now listed as a short sale. In that time, it has been reduced $499,000. Built in 2010 on a 29×131 lot, the […]

Get a Luxury Lincoln Park 2/2 at 18% Off the 2007 Price: 2757 N. Lincoln

This 2-bedroom at 2757 N. Lincoln in Lincoln Park on the border of Lincoln Park and Lakeview has been on the market since mid-June 2011. It is a short sale. In that time, it has been reduced $50,000 and is now listed about 18% under the 2007 purchase price of $520,000. 2757 N. Lincoln is […]

Get a 4-Bedroom Tudor at 36% Off the 2007 Price: 1800 N. New England in Galewood

This 4-bedroom vintage tudor single family home at 1800 N. New England in Galewood has been on and off the market since February 2008. In that time, it has been reduced $196,000. It is now a short sale. The listing calls it a 3 bedroom but then lists it as a 4 bedroom (because one […]