Archive for the 'Short Sales' Category

Contemporaine 3-Bedroom Short Sale Is 17% Off the 2005 Price: 201 W. Grand in River North

This 3-bedroom unit in the award winning Contemporaine at 201 W. Grand in River North has been on and off the market since April 2008. In that time, it has been reduced $336,000. It is now listed as a short sale at $186,000 under the 2005 purchase price. The 2221 square foot unit has floor […]

“Rare, Amazing Opportunity” for a Full Floor Unit on Lincoln Park: 2120 N. Lincoln Park West

This 3-bedroom unit at 2120 N. Lincoln Park West in Lincoln Park has been on and off the market since September 2009. Since August of 2010, the list price has been reduced $374,900. It is also now a short sale. On a street known for some of its vintage buildings, this 11 unit building was […]

22% Off the 2005 Price On This 3-Bedroom East Lakeview Vintage Beauty: 434 W. Oakdale

This 3-bedroom vintage greystone unit at 434 W. Oakdale in East Lakeview has been on and off the market since April 2010. In that time, it has been reduced $174,000. The unit is now listed as a “short sale” and is priced about 22%, or $150,000, under the 2005 purchase price. The south facing unit […]

4-Bedroom Lincoln Park Duplex Down Just Reduced $124K: 2629 N. Southport

We just chattered about this 4-bedroom newer construction duplex down at 2629 N. Southport that had been on and off the market for 17 months. See our February 2011 chatter here. In the week since that chatter, the unit was reduced $124,900 to $675,000. The unit is now listed for $29,000 under the 2005 purchase […]

Reduced $1.945 Million and Now a Short Sale: 1863 N. Bissell in Lincoln Park

This 5-bedroom single family home at 1863 N. Bissell in Lincoln Park has been on and off the market since January 2009. In that time, it has been reduced $1.945 million. The listing now says it is a short sale. Built on a rare oversized lot of 48×125, this 6500 square foot house has a […]

“Pre-Short Sale” For This 2/2 in The Park Monroe: 65 E. Monroe in the Loop

This 2-bedroom in The Park Monroe at 65 E. Monroe in the Loop recently came on the market. The listing calls it a “pre-short sale”. The Park Monroe was a recent conversion of the top third of an office building into condos. The developer has not yet sold all of the units. This 2-bedroom unit was […]

8 Years Later and This 2-Bedroom Is Still a Short Sale: 1050 N. Marshfield in West Town

This 2-bedroom unit at 1050 N. Marshfield in West Town recently came directly on the market as a short sale despite having been purchased 8 years ago. The listing says it is “priced well below comps.” Built as new construction in 2002-2003, it has some upgrades such as a custom bar with wine cooler and […]

Get a Logan Square 2-Flat for Just $81,000: 3515 W. Belden

This vintage 2-flat at 3515 W. Belden in Logan Square has been on the market since July 2010. In that time, it has been reduced $78,000. It is a short sale. The two units are as follows: Unit #1: 2 bedrooms, 1 bath Unit #2: duplex up 4 bedrooms, 2 baths Built on a 25×125 […]

Burst Pipe + Mold = It Finally Goes Under Contract: 1928 W. Diversey in West Lakeview

We actually chattered about this newer construction  4-bedroom duplex down short sale at 1928 W. Diversey in West Lakeview back in March 2010. See our prior chatter here. Back then, no one had much to say about the actual property. Instead, everyone fought over what neighborhood this would acutally be (North Center? Roscoe Village, West […]

“This Won’t Last Long!” 2-Bedroom Short Sale Loft: 758 N. Larrabee in River North

This 2-bedroom loft in One River Place, at 758 N. Larrabee, in River North has been on the market since October 2010. In that time period, it has been reduced $80,100. Now a short sale, and listed $77,600 under the 2006 purchase price, the listing says “this won’t last long!” It is a concrete loft with […]