Crib Chatter

This 5-bedroom new construction home at 2030 W. Leland in Lincoln Square was first listed for sale in April 2007. It was on the market, and under contract at least once, until 2010 when it vanished without ever selling. I took the picture in this post in August 2010 before it was boarded up. I […]

This 2-bedroom short sale in Plaza 440 at 440 N. Wabash in River North has been on and off the market since 2009. It has been under contract numerous times, including just last November. However, the deal has not been able to close. The listing says this is a “total deal”. With northeast views, it […]

This 2-bedroom short sale at 817 W. George in Lakeview just came on the market. It is listed about 28% under the 2004 purchase price. We’ve chattered about this building before- but on a unit on a higher floor. If you recall, it has maintained much of its vintage woodwork including crown molding and built-ins. […]

This 3-bedroom house at 5339 N. Ashland in Andersonville has been on the market since October 2011. It is a short sale and is being sold “as-is.” It is under contract. Normally, I don’t like chattering about homes already under contract but someone brought it up in one of the threads and, given the track […]

This 2-bedroom in the Parc Chestnut at 849 N. Franklin in River North (or is this Gold Coast here?) has been on the market since November 2011. It is a short sale. There is no square footage listed but it appears to be one of the smaller 2/2s as it has a pullman style kitchen […]

  We last chattered about this 3-bedroom full floor vintage unit at 707 W. Junior Terrace in the Buena Park neighborhood of Uptown in October 2011. See our prior chatter here. It’s a short sale and has been reduced $330,000 from its original 2009 list price. Back in October, some of you thought this would […]

In the last 9 years, this 2-bedroom garden unit at 2124 N. Hudson has sold 3 times and is currently on the market for the fourth time. It is a short sale and is under contract. Normally I don’t like to chatter about properties under contract but this one has such an interesting sales history, […]

How long does it take to close on a short sale? This 3-bedroom duplex down at 323 W. Schiller in Old Town went under contract last August and was just put back on the market again. That’s 6 months under contract without a closing. The unit has been listed since June 2010 when a lis […]

If you thought short sales and REOs were reserved mainly for homeowners who bought at the peak of the housing bubble, think again. This 1-bedroom in the Lofthaus at 321 S. Sangamon in the West Loop just came on the market. It is a short sale and is now listed 44% under the September 2009 […]

We last chattered about this 2-bedroom loft in the Larchmont Lofts at 1801 W. Larchmont in North Center in November 2011. See our prior chatter here. Back then, the loft was listed as a short sale at $225,000 which included the parking. Several of you thought that wasn’t that bad of a deal considering #211, […]