Archive for the 'Short Sales' Category

Lake and Millennium Park Views for $64K Under the 2005 Price: 130 N. Garland in the Heritage

We last chattered about a short sale in The Heritage, the high rise at 130 N. Garland in the Loop in 2008. It wasn’t the last of the short sales, however, as this 3-bedroom unit recently came back on the market as a short sale after having been on and off the market since August 2008. […]

We Love Authentic Lofts: 2-Bedroom Short Sale Under the 2002 Purchase Price: 4745 N. Ravenswood

This 2-bedroom top floor loft at 4745 N. Ravenswood in Lincoln Square has been on and off the market since March 2010. It is now a short sale and is listed $5500 under the 2002 purchase price. At 1900 square feet, it has all the open space of authentic lofts. It also has exposed brick […]

“How Low Will It Go?” 2-Bedroom Short Sale Reduces Again: 1627 W. Ainslie in Ravenswood

One of you recently asked “how low will it go?” about this 2-bedroom newer conversion unit at 1627 W. Ainslie in Ravenswood. We have chattered about it a couple of times but it was recently reduced another $10,000. See our August 2010 chatter and pictures here. The unit is now listed $91,000 under the 2007 […]

Attempting to Short Sale a 2-Bedroom Loop Loft: 130 S. Canal

This 2-bedroom loft at Metropolitan Place, at 130 S. Canal, in the Loop has been on and off the market since March 2010. We originally chattered about it in April, when it was a short sale and listed below the 1999 purchase price. See our April 2010 chatter here. It quickly went under contract (so […]

2nd Biggest Story of 2011: Short Sales Will Be Everywhere…Even in Lincoln Park

In 2010, foreclosures were expected to be one of the biggest stories of the housing market. Instead, in many neighborhoods, it was short sales which really dominated the Chicago housing market landscape. For example, this 1-bedroom unit at 2700 N. Halsted in Lincoln Park has been on the market 16 months and is now a short sale. Built […]

Get a Corner Penthouse at 45% Off: 41 E. 8th Street in the South Loop

This 2-bedroom penthouse unit at 41 E. 8th in the South Loop has been on and off the market since August 2009. It is now a short sale and is listed for about 45% under the 2003 purchase price. At 1600 square feet, the unit has a den and a private terrace with lakeviews along […]

3-Bedroom Wicker Park Victorian Storefront Listed $80K Under 2006 Price: 1530 N. Paulina

We’ve chattered about this unique 3-bedroom unit in a former storefront at 1530 N. Paulina in Wicker Park several times since it first came on the market in July 2008. See our original July 2008 chatter and pictures here. This was the duplex down with the secret staircase in the floor (seen in the 2008 pictures.) It has […]

Yes, There is a 1-Bedroom Condo Listed for $35,000 in Lincoln Park: 2740 N. Pine Grove

This 1-bedroom unit in the high rise Parkview Tower at 2740 N. Pine Grove just south of Diversey in Lincoln Park just came back on the market for $35,000. (Sorry for the yucky picture but the weather was nasty. It was so cold/rainy I couldn’t get a good shot so I gave up after 10 tries. But […]

Live Two Doors Down from Pequod’s: 2211 N. Clybourn in Lincoln Park

Do you dream about pizza at Pequod’s? Do you wish you had Starbucks, Potbelly’s and a major movie theater all within a block of where you live? This 2-bedroom duplex up at 2211 N. Clybourn in Lincoln Park is for you. The unit is in short sale and is listed for $15,000 under the 2007 […]

Palmolive 2-Bedroom Short Sale Closes 31% Under 2006 Purchase Price: 159 E. Walton

We last chattered about this 2-bedroom unit in The Palmolive at 159 E. Walton in the Gold Coast in September 2009. See our prior chatter here. At that time, the unit was a short sale and had gone under contract within 3 weeks. It had been heavily commented on in the media due to it […]