Tag: Short sales

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From Yo’s archive – Grand Boulevard condos gone bust

From Yo’s archive – Grand Boulevard condos gone bust

Five years ago to the day we wrote about a new construction condo project at 4705 S Champlain Ave, where 3-bedroom, 2-bath units were priced from [...]
A price drop and a new listing in Glenview’s Solar Park

A price drop and a new listing in Glenview’s Solar Park

When we first looked in on 801 Glenview Rd in the Solar Park subdivision in Glenview, back in May, the 5-bedroom, 3-bath home on a half-acre lot w [...]
An update on Bridgeport’s Union Lofts

An update on Bridgeport’s Union Lofts

It's been nearly 10 years since we first wrote about Union Lofts in our now-defunct New Homes Magazine. At the time, March of 2002, forty of the 7 [...]
Prices go south at North Beach Lofts in Rogers Park

Prices go south at North Beach Lofts in Rogers Park

North Beach Lofts, the conversion of an old Duxler Tire warehouse at 1225 W Morse, was one of the more successful projects completed in Rogers Pa [...]
Arcadia Terrace short sale asking 38% of last sale price

Arcadia Terrace short sale asking 38% of last sale price

A 2-bedroom, 1-bath condo at 2454 W Ardmore Ave in Arcadia Terrace has been serially reduced in price from $119,000 when it was listed in March to [...]
Ten years later, buyers under water at Uptown’s Polo Tower

Ten years later, buyers under water at Uptown’s Polo Tower

We first mentioned Polo Tower, a 189-unit high-rise condo conversion at 4180 N Marine Dr in Uptown, in October of 2001, in the print edition of ou [...]
The views from Edgewater’s Catalpa Gardens rooftop

The views from Edgewater’s Catalpa Gardens rooftop

When Joe Askins homed in on Edgewater's Catalpa Gardens last summer he wondered whether it was "short sale central." The project has had an une [...]
I didn’t know where Sycamore was before listing the home

I didn’t know where Sycamore was before listing the home

As I headed into the city yesterday I heard a real estate agent on the radio delivering the all-too-typical babble about how she worked "throughou [...]

In Glenview, a distressing tale of a non-distressed sale

There's been a fair amount of theorizing lately about the impact of foreclosures on the overall real estate market. One meme has it that a two-tie [...]
Site of scrapped River North high-rise listed as a $3.14M short sale

Site of scrapped River North high-rise listed as a $3.14M short sale

LG Development Group had big ideas for the 15,295 square-foot lot at 111 W Chestnut St in River North. Three years ago, LG started pursuing the approv [...]
Loft living: 3,000 SF, three private decks, and a ‘Mediterranean’ bath in Fulton Market

Loft living: 3,000 SF, three private decks, and a ‘Mediterranean’ bath in Fulton Market

With a view like that, you'd never guess you were in Fulton Market. Unit #503 at the Fulton Market Lofts, 1118 W Fulton Market St, came on the [...]
$99K for a Blue Moon Loft in Fulton Market

$99K for a Blue Moon Loft in Fulton Market

This morning an 800 square-foot, one-bedroom / one-bath loft at the Blue Moon Lofts, 215 N Aberdeen St in Fulton Market, was listed at $99,000, ma [...]
Belmont Cragin short sale: ‘Prepare to wait’

Belmont Cragin short sale: ‘Prepare to wait’

We already know that a short sale can be an interminable process, but it's nice to see that some agents come out and address that in their listing [...]

Quote of the day: The short sale shuffle

It's important to remember most short sale listing prices have not been approved by the bank. In many cases, the seller just wants offers to try and g [...]

Did your agent co-author a book on short sales?

Earlier today I received an e-mail from a real estate agent inquiring about becoming a guest writer on YoChicago. The agent’s signature line ident [...]
Terror towers: Selling short at 6030 North Sheridan

Terror towers: Selling short at 6030 North Sheridan

We last looked at 6030 North Sheridan in June 2006, when Rick Levin & Associates was preparing a developer closeout auction at the 292-unit buildi [...]
Rainbo Village’s unlucky charms

Rainbo Village’s unlucky charms

Sellers at Rainbo Village aren't looking for pots of gold. The only prize at the end of their Rainbo experience will be the relief of moving on. [...]
Do winter pains equal buyer gains in Uptown?

Do winter pains equal buyer gains in Uptown?

The forecast for unit #1 at 4913 N Ashland Ave in Uptown was bleak, even before we entered the deep freeze of winter. The 3,500 square-foot, five-b [...]
Choice cuts: $100K+ off a combo unit at Warehouse Lofts

Choice cuts: $100K+ off a combo unit at Warehouse Lofts

Our files on Warehouse Lofts, a brick-and-timber loft building in Fulton Market, date back to its days as a rental development managed by Annie Pr [...]
Opera Lofts owners singin’ the blues

Opera Lofts owners singin’ the blues

It's been almost two years since Opera Realty started offering up the inventory at Opera Lofts, 2545 S Dearborn St, as rentals. In reality, that p [...]
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