I stopped by Greenview Gardens in Rogers Park, 7633 — 39 N Greenview, to check the condition of the building.
What prompted my visit was a steep drop in prices of resale units in the complex. Unit F, a 2-bedroom, 2-bath which was purchased for $212K in December of 2005, sold for $30K following a foreclosure. Another 2-bedroom, 2-bath was purchased for $200K in September of 2006, went into foreclosure, and recently went under contract with an asking price of $55K.
The exterior of the building appeared to be in superficially good condition, with a nicely landscaped, well-maintained courtyard.
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