More eBay Sales: The Sterling and 17 N. Loomis

“Me” pointed out in the last post on The Sterling that Unit #1902 is for sale on eBay.

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Auction for Unit #1902 [eBay]

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Unit #1902: 1 bedroom, 1 bath, 725 square feet

  • Listing says “appraised value” is $295,000
  • Last sold in February 2002 for $253,000
  • Current “bid” is $140,000
  • Auction ends on January 6, 2008

The seller has a store under “Dizzy Bid Real Estate” where he/she sells a book on how to sell real estate on eBay for $9.95.

But the seller also is selling a second property in Heartbreak Lofts in the West Loop.  I’ve talked about foreclosures in Heartbreak Lofts before.  This is not the same unit that went into foreclosure for $301,000.

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17 N. Loomis (no unit number given): 2 bedrooms, 1.5 baths, 1250 square feet

  • Current “bid”$152,350
  • No “appraised value” given- but lofts in this building have been selling over $300,000
  • Auction ends January 6, 2008

Auction for 17 N. Loomis [eBay

While we’re talking about The Sterling again, Unit #4804, a 2/2 (don’t know the square footage) sold in September 2007 for $335,000.  It last sold in April 2004 for $589,000.

It seems that around $300,000 is the new price point for a 2/2 in The Sterling (even on the higher floors.)

What does that mean for 400 N. LaSalle – which is still trying to sell units right across the street?

2 Responses to “More eBay Sales: The Sterling and 17 N. Loomis”

  1. it’s nice but the bid is still too high for this small unit. I really didn’t like the look of the kitchen or should I say the space of the kitchen. I am too much into cooking and I would never like to spend my time in this small space. girl with my age (25yo) need little bit more space to show her unique cooking style

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