This 585 square foot studio unit at 330 W. Grand in River North just came on the market as a short sale. The listing says it is a “good opportunity for an investor.” Is it? Nice studios rent fairly quickly in River North (if they’re priced “right.”) Nicholas Katsafados at R.E.I.T. Homes has the listing. […]
The auction of 40 units at The Vetro, at 611 S. Wells, in the South Loop in early March is “big” news in the real estate world. The auction is being advertised all over the Chicago Tribune as well as such upscale newspapers like the Wall Street Journal. Even The Vetro itself is getting into the act. […]
The number of short sales on million dollar homes in Lakeview seems to be mounting as this 5-bedroom rehab of a vintage greystone at 854 W. Oakdale is the latest to join the list. The house was first listed in June 2008 and has been reduced $250,099. The listing says “timeless elegance” and says the […]
This 7-bedroom “short sale/pre-foreclosure” at 461 W. Melrose in Lakeview has been on the market since June 2008. The listing says it was originally listed for $3 million but I could only find it listed at $2.499 million in June 2008. Since June 2008, it has had several price reductions and price increases but it […]
Is modern “out”? This 4-bedroom concrete and glass modern mansion at 1809 N. Hoyne in Bucktown is currently listed as a “short sale.” It has concrete floors and what looks to be a concrete bathroom. Anthony Madonia at @Properties has the listing. See the pictures here. 1809 N. Hoyne: 4 bedrooms, 4.5 baths, no square footage […]
We’ve chattered about The Marquee at 1464 S. Michigan in the South Loop several times since it began closing on units in early 2008. See prior chatter and interior pictures of the units here. Current stats on the building (out of 214 units): 17 for sale (on the MLS- developer may have more as the building is not sold […]
Yes, there are quite a few single family homes available in Chicago for under $100,000. Take this 4-bedroom 1906 brick bungalow at 928 N. St. Louis in Humboldt Park that is listed as a “short sale.” The listing says it needs TLC and there are no interior pictures. See pictures of the exterior here. What are you […]
We last chattered about this “short sale” 5-bedroom single family home at 2533 N. Greenview in Lincoln Park in September 2008. See the pictures and our prior chatter here. It is still on the market, still listed as a “short sale” and the listing says it is still currently rented for $5,000 a month. But […]
This 4 bedroom rowhouse at 2241 W. Adams on the Near West Side is in short sale. It’s also been reduced by 50%. The listing calls it a “great opportunity” to get in in the near west side while the market is excellent for buyers. Is this a deal? The listing says the property needs work. Linda Lamb […]