Archive for the 'Short Sales' Category

This 2-Bedroom Duplex Loft in Evanston is 29% Under the 1995 Price: 601 Linden

We rarely chatter about properties outside the Chicago city limits but this 2-bedroom authentic duplex loft in the New Biscuit Lofts at 601 Linden Place in Evanston caught my eye. It is a short sale and is now listed about 65% under the 2005 purchase price of $450,000. First listed in June 2011 for $349,000 […]

Get a 1-Bedroom in the Parkside of Old Town For Just $110K: 511 W. Division

This 1-bedroom at 511 W. Division, which is one of the buildings in the new(er) construction development The Parkside of Old Town, has been on the market since July 2011. Bought in 2008 for $222,000 it is now a short sale listed at $110,000. At 825 square feet, it has the new construction amenities such […]

30 Months Later and This 3-Bedroom in Old Town Is Still in Distress: 1542 N. Hudson

We last chattered about this 3-bedroom duplex down at 1542 N. Hudson in Old Town all the way back in November 2009. See our prior chatter here. But the unit has been on the market even longer- since May 2009- for a total of 30 months. It has been listed as a short sale for that […]

Does Parking Matter? A 4-Bedroom Single Family Home at 1218 N. Astor in the Gold Coast

This 4-bedroom single family home at 1218 N. Astor in the Gold Coast has been on and off the market for just over 2 years. Built in 1900 on a 25x109x25x113 lot, it is located on prestigious Astor Street yet is just steps from the restaurants of Rush Street. It has a modern eat-in kitchen […]

Buy a Vintage 3-Bedroom Bungalow With 2 Kitchens: 3037 W. Belden in Logan Square

This 3-bedroom brick bungalow at 3037 W. Belden in Logan Square has been on the market since January 2010. In that time it has been reduced $175,000 and is now a short sale. Built in 1890, it has a rare double lot measuring 50×140. It also has not just 1 but 2 kitchens, with the […]

Looking for a 2/2 in Lakeview With Parking for Under $250,000? 3900 N. Pine Grove

This 2-bedroom in the Coronado at 3900 N. Pine Grove in Lakeview is priced at just $239,900. The building was converted into condos in 2006, at the height of the condo boom. This particular unit has most of the upgrades that were common in that era including a newer kitchen with cherry cabinets, granite counter tops and stainless steel […]

Get a 3-Bedroom Victorian House for Just $175,000 in Edgewater: 6105 N. Paulina

This 3-bedroom Victorian single family home at 6105 N. Paulina in Edgewater came on the market in September 2010. Built in 1898 on a 25×125 lot, the listing says it “needs updating but it is livable.” Two of the 3 bedrooms are on the second floor with the third on the main level. There is […]

How Do You Sell the 2 Bed/1.5 Bath Townhouse? 2561 N. Greenview in Lincoln Park

We’ve chattered about a lot of townhomes of all sizes over the years including 1-bedroom townhouses all the way up to 4-bedroom/3 bath townhouses. But this 4-level townhouse at 2561 N. Greenview in Lincoln Park has 2 bedrooms and just 1.5 baths. The two bedrooms are on the third floor and it also has a loft den/office […]

East Lincoln Park 3-Bedroom Sells for 25% Under the 2002 Price: 2341 N. Commonwealth

We last chattered about this short sale 3-bedroom at 2341 N. Commonwealth in Lincoln Park in May 2011. See our prior chatter here. Back then, it was priced 20% below the 2002 price at $329,900. But some of you thought it was a bait and switch of some kind and that there was no way […]

Get 1636 Square Feet on Lake Shore Drive for Under $150,000: 3750 N. Lake Shore Drive

This 2-bedroom in the vintage co-op at 3750 N. Lake Shore Drive in Lakeview has been  on the market since April 2011. It is a short sale and is now listed for just $144,000. The building was built in 1926 and has the large room sizes and vintage features of its era including hardwood floors […]