Stately Hoyne Manor facing foreclosure

by Joseph Askins on 2/22/08

CaptionA Gurnee-based lender is giving Greenlight Development LLC the red light over a Rogers Park development, Crain’s reports.

Greenlight failed to pay off $3.5 million of a $4.7 million loan for Hoyne Manor, 7401 – 7411 N Hoyne Ave, according to court records filed by NorthSide Community Bank. Seven condos in the 30-home conversion have sold, and another is under contract.

Rubloff‘s sales page lists the building’s two- to three-bedroom / two- to three-bath units at prices from the $180s to $270s.

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