Archive for the 'Short Sales' Category

Is It Under The 2000 Price For This Vintage East Lakeview Short Sale? 518 W. Surf

This top floor 2-bedroom at 518 W. Surf in East Lakeview came on the market in February 2012. It’s a short sale. The building was constructed in 1917 so the unit has many vintage features including crown molding, a fireplace and a separate dining room. There’s a Bosch washer/dryer in the kitchen, but no central air […]

Get a 3/3 With Lake and City Views For Under $500K: 1600 S. Prairie in the South Loop

This 3-bedroom at Prairie Pointe at 1600 S. Prairie in the South Loop has been on the market since February 2012. It is a short sale. At 2492 square feet, the listing says it has floor to ceiling windows with lake and city views. The kitchen has maple cabinets, granite counter tops and stainless steel […]

Buy This Short Sale Lincoln Park 2/2 And Get $3000 A Month In Rent: 744 W. Fullerton

We last chattered about this top floor 2-bedroom at 744 W. Fullerton in November 2011. See our prior chatter here. At that time, the unit was listed 38% under its previous sale price at just $360,000. It was a short sale and had been under contract several times. It still hasn’t sold but it’s come […]

Is This 3/2 Duplex Down Short Sale for $264K a Deal? 754 W. California Terrace in Lakeview

This 3-bedroom duplex down in Victorian Lane, a gated complext at 754 W. California Terrace in Lakeview came on the market in April 2012. It is a short sale. Two of the bedrooms are on the main floor with the third, and a family room, on the lower level. The listing says the spiral staircase […]

Short Sale Streeterville 2/2 Listed 33% Under the 2007 Price: 474 N. Lake Shore Drive

This 2-bedroom at 474 N. Lake Shore Drive in Streeterville has been on the market as a short sale since April 2012. In that time, it has been reduced $11,000. It is being sold “as-is”. The unit has hardwood floors. The kitchen has black granite counter tops and black appliances. It has a washer/dryer in […]

A 2/2 Penthouse Short Sale at 37% Off the 2008 Price: 1720 S. Michigan in the South Loop

We’ve chattered about 1720 S. Michigan in the South Loop many times over the past several years. But this 2-bedroom penthouse on the 33rd floor just came on the market as a short sale. It is listed about 37% under the 2008 purchase price. There are no pictures with the unit so we can’t see […]

One of Riverside’s Original 5 Houses Is Listed $26K Under the 1991 Price: 185 Michaux

As many of you know, I normally don’t cover suburban properties but for a historic house like The Mundy House at 185 Michaux Road in Riverside, I will break my own rule. Built in 1868 and designed by William LaBaron Jenney, a Chicago architect who specialized in commercial structures and is now known as the […]

Get a 2000 Square Foot 3-Bedroom For Under $425,000: 2007 W. Belmont in North Center

This top floor 3-bedroom at 2007 W. Belmont in North Center recently came on the market. It is a short sale listed $68,100 below the 2006 price. It has 2006 new construction upscale finishes such as crown molding, wainscotting and hardwood floors throughout. The kitchen has maple cabinets, granite counter tops and stainless steel appliances. […]

Short Sales Now Appearing in New(ish) 565 W. Quincy in the West Loop

This 2-bedroom in 565 Quincy at 565 W. Quincy in the West Loop recently came on the market. It is listed $86,500 under the 2009 purchase price. It’s also a short sale. This building was new construction at the height of the Great Recession in 2008/2009 (so it was actually built AFTER the height of […]

56% Off This 3-Bedroom Short Sale Duplex Down: 1408 N. Artesian in West Town

This 3-bedroom duplex down at 1408 N. Artesian in the East Humboldt Park neighborhood of West Town (although someone once told me this was “West Bucktown”- but that was pre-housing bust) has been on the market since December 2011. Yes- it’s west of Western. It is a short sale and is now listed at about […]