Archive for the 'Short Sales' Category

Are the Paramount Lofts the Best Deal in the West Loop? 1645 W. Ogden

This 2-bedroom loft in the Paramount Lofts at 1645 W. Ogden in the West Loop came on the market in June 2011. Like many of the units on the market in the building, it is currently a short sale. The Paramount Lofts were converted in 2006. It is a doorman building with 207 units. East […]

Own This 3-Bedroom Full Floor Vintage Beauty: 707 W. Junior Terrace in Buena Park

This 3-bedroom at 707 W. Junior Terrace in the Buena Park neighborhood of Uptown just came on the market. It is a short sale and listed $90,000 under the 2006 purchase price. The midrise building was built in 1927 and has 14 units. Like many vintage buildings of this era, the unit has big room […]

Live the Wrigleyville Dream in This 3/3 Listed Under $400,000: 3723 N. Wilton

This 3-bedroom “newer” construction duplex down at 3723 N. Wilton in the Wrigleyville neighborhood of Lakeview has been on the market since March 2011. In that time, it has been reduced about $100,000 and is now a short sale. This unit would seem to make a perfect home for a buyer with several roommates as […]

The Rent V. Own Conundrum: 1101 S. State in the South Loop

This 1-bedroom at 1101 S. State in the South Loop has been on the market since May 2011. It is a short sale and has now been reduced $15,100. This high rise was built in 2004/2005. From what I can tell in the public records, only 2 units have sold in 2011 (there may be some that haven’t […]

3-Bedroom Vintage English Bungalow Is Now Under $400K: 6136 N. Lenox in Edgebrook

We last chattered about this 3-bedroom vintage single family home at 6136 N. Lenox in Edgebrook in March 2011. See our prior chatter here. It was a short sale and was listed at $430,000. Since that time, it has been reduced another $50,000 to $380,000 and the listing says you can “close fast” as the […]

This Southport 2-Bedroom Duplex Short Sale is 35% Off the 2005 Price: 1440 W. Roscoe

This 2-bedroom top floor duplex up in the courtyard building at 1440 W. Roscoe in the Southport neighborhood of Lakeview has been on and off the market since 2007. The building was converted into condos in 2005. It has all the finishes of that era including cherry cabinets, granite counter tops and stainless steel appliances […]

Top Floor 2-Bedroom Ravenswood Short Sale Sells For $133K Under 2007 Price: 1627 W. Ainslie

We chattered about this 2007 top floor conversion unit at 1627 W. Ainslie in Ravenswood several times over the prior year. See our January 2011 chatter here. It had been on the market as a short sale since May 2010 without any takers even though the list price kept falling. At the time of our […]

How Big Is Chicago’s Shadow Inventory? 1104 W. Montana in Lincoln Park

This 1-bedroom in a vintage courtyard building at 1104 W. Montana in Lincoln Park recently came on the market. It is listed as a short sale. But those of you who have been a Crib Chatter regular for a few years might recognize it from our chatter in 2008. Back in May 2008, the listing […]

What’s a Lot Worth in Lakeview? 1019 W. George Sells

We chattered about this 4-bedroom single family home at 1019 W. George in Lakeview several times in the last 6 months. See our April 2011 chatter here. Formerly a million dollar home, it was in “pre-foreclosure” and originally listed at $399,900. The listing said it was a cash only transaction. The house went under contract […]

Looking for a 1-Bedroom Gold Coast In-Town Under $130K? 40 E. Delaware

This 1-bedroom at 40 E. Delaware in the Gold Coast has been on the market since July 2010. In that time, it has been reduced $109,100. It is now listed just $24,900 over the 1997 purchase price. Yes, it’s a short sale. The unit has amenities buyers look for such as in-unit washer/dryer and central air. […]