Chicago River North Real Estate & So Much More!

River North Foreclosures| The Sterling| 345 N Lasalle #3804| River North Condos

RIVER NORTH FORECLOSURES| 345 N LASALLE #3804

River North Foreclosures have been sporadically popping up in the Chicago River North neighborhood over the last two years.. The amount of River North Short Sales is significantly higher than the foreclosure rate fortunately. However, if the short sales that are currently for sale are not selling, we will see more River North Foreclosures on the market. The River North Condos at The Sterling building at 345 N Lasalle are flooded with distressed properties. The latest River North Foreclosure in this building is #3804 

Unit #3804 
-2bed/2bath
-1150 sq ft
-Updated Kitchen
-In Unit Washer/Dryer
-Combined Living/Dining Room
-Monthly Assessments: $600
-Not accepting FHA or VA loans

345 N Lasalle #3804 is currently listed for $286,000

Putting an offer on a foreclosure property is no different than putting a offer on a non foreclosure/short sale property with the exception of a bit more paperwork in the forms of addendums that each bank wants buyers to sign for their legal protection.  

The turn around time to get a response from a bank on a foreclosure property is MUCH SHORTER than when dealing with short sales.  I have worked on foreclosure deals where the bank committee has given us an answer on a offer in just a few days..  Usually a foreclosure property closed in anywhere from 30-60 days in comparison to short sales which can average 90-180 days.

For more information about River North Foreclosures, River North Real Estate or Distressed Properties, please feel free to contact me any time, day or night! Let my Real Estate Experience and Chicago River North Market experience work for you!

Jim Kontos
President-Broker-River North Homes Expert-River North Short Sales Expert
RE/MAX 1st Class
RE/MAX River North
Cell 630 327 9136
Office 847 674 9797
Office #2 312 643 2087
jpkontos@gmail.com
www.rivernorthhomes.com
www.mychicagoshortsalesite.com

There are several River North Realtors out there to choose from, but only a handful of these River North Realtors can get you the results I can get you! 

 

Domain Lofts| 900 Kingsbury #722| River North Foreclosures| River North Condos

Located in the Chicago River North neighborhood, the latest River North Foreclosure condo to hit the River North Real Estate Market is located at the Domain Lofts building at 900 Kingsbury which is located North of Chicago Ave.  There are not any additional River North Foreclosures currently for sale in this building. This is a great deal if you are looking to purchase River North Condos at at great price! So lets take a look at the specifics of this condo

Unit #722
2bed/2bath
1200 square feet
Garage Parking Not Included
Monthly Assessments: $527
Assessments Include: Heat, Air, H20, Gas, Doorman, Workout Room, Garbage/Snow Removal
Taxes: $4950
Property Owned By Chase Bank

Listed for: $267,300

As far as River North Condos go, the lofts at 900 Kingsbury are not some of my favorites. The location of these condos is not sought after by buyers looking to purchase River North Condos, I will touch about the Domain Lofts at 900 Kingsbury in a future post.

The Chicago River North area has been fortunate that it has not been bombarded with foreclosures yet. I dont see a significant rise in the amount of River North Foreclosures in the very immediate future, however short sales are on the rise.

Looking to Buy Or Sell at the Domain Lofts building at 900 Kingsbury? Please contact me to schedule a confidential listing appointment or a private showing appointment to view the River North Condos currently for sale.

Jim Kontos
President-Broker-River North Real Estate Expert
RE/MAX 1st Class
RE/MAX River North
Cell 630 327 9136
Office 847 674 9797
Office #2 312 643 2087
jkontos@remax.net
www.rivernorthhomes.com
www.mychicagoshortsalesite.com

 

River North Foreclosures| Marina Towers| 300 State St| River North Condos

Chicago River North Foreclosures are todays post topic! River North Foreclosures and Short Sales have been increasing monthly over the last two years unfortunately. The picture above is of the Famous Marina Towers at 300 State street in the Chicago River North neighborhood.  These two buildings have a world famous design and just about everyone knows what you are talking about when you say the word Marina Towers.

River North Foreclosure Listing
300 State St #5229 

1bed/1bath
750 sq ft
Panoramic Views Of City and River
Monthly Assessments: $417
Taxes: $2995
Sold "As-Is"

Listed For: $172,500

Whether you are looking for your first home purchase or if you are looking to buy a River North Condo for a weekend city retreat, this River North Foreclosure Condo is a great buy!

Looking to Buy or Sell at the Marina Towers at 300 State St? Please contact me to set up a confidential listing appointment or a private showing of the River North Homes available for sale at Marina Towers or for all your other Chicago River North Real Estate Needs!

Jim Kontos
President-Broker-River North Real Estate Expert-River North Condos Expert
RE/MAX 1st Class
RE/MAX River North
Cell 630 327 9136
Office 847 674 9797
Office #2 312 643 2087
jkontos@remax.net
www.rivernorthhomes.com
www.mychicagoshortsalesite.com

There are several River North Realtors to choose from, but only a few can get you results!

 

430 W Huron| River North Foreclosures| River North Homes

River North Foreclosures is the subject of todays post!. Located at 430 W Huron in the Chicago River North Neighborhood, is a 4 story River North Home For Sale.  This 7000 sq ft, 4 story, 5bed/4.1bath with finished lower level home has just been put on the market. This home has everything imaginable from private elevator, media room, 4 private terraces and high end finished all around! This home is a River North Foreclosure.  This is a bank of america owned property

Listing Price: $1,866,600
Taxes $24,000 

The River North Real Estate market (more specifically single family homes) has not seen a significant amount of foreclosure properties. There are only a handfull.. This could also be attributed to the fact that there are not many single family River North Homes available. River North Condos make up the majority of this real estate market. 

To schedule a Private and Confidential showing for the foreclosure home at 430 W Huron, in the Chicago River North neighborhood, please feel free to contact me any time, day or night!

Jim Kontos
President-Broker-River North Realtor-River North Real Estate Expert
RE/MAX 1st Class
RE/MAX River North
Cell 630 327 9136
Office 847 674 9797
Office#2 312 643 2087
jkontos@remax.net
www.rivernorthhomes.com
www.mychicagoshortsalesite.com

There are several River North Realtors out there to chose from, but only a handfull of these River North Realtors can get you the results I can get you!

 

Your Chicago River North Real Estate Expert!

525 W Superior #201| River North Foreclosures| River North Condos

 River North Foreclosures have been creeping up a bit in the Chicago River North neighborhood. The River North Real Estate market has seen a big increase in short sales but not a big jump in foreclosures .  The River North Foreclosure rate is no where near the short sale rate, and lets hope it stays like that for a while! River North Condos are still a hot commodity.

525 W Superior #201 is a 1bed/1bath, loft style condo located at the intersection of Kingsbury and Superior.. This unit has 14ft timber ceilings, hardwood floors, open kitchen, balcony and much more.  Garage parking is included in the price! 

Listed For $203,000
Taxes: $2375
Assessments: $302 (includes Water,Garbage Removal,Snow Removal, Cable) 

Looking for River North Foreclosures or River North Condos? If so please contact me any time day or night for all of your Chicago River North Real Estate Needs! Let my real estate experience and knowledge work for you!

Jim Kontos
President-Broker-River North Real Estate Expert
RE/MAX 1st Class
RE/MAX River North
Cell 630 327 9136
Office 847 674 9797
jkontos@remax.net
www.rivernorthhomes.com
www.mychicagoshortsalesite.com

 Your Chicago River North Condos Expert!

431 W Superior| River North Foreclosures| River North Homes

 

Located in the Chicago River North neighborhood, the River North Foreclosure home located at 431 W Superior is one of only two single family homes currently for listed as a foreclosure. There are plenty of River North condos listed as short sales , but there are very few single family River North Foreclosures available.

431 W Superior is located in the heart of River North is within walking distance to bars, restaurants, shopping, gym and ERIE PARK. It is a 3 story,  4bed/4.1bath, 7000sq ft monster of a Row Home. This River North Foreclosure also boasts 3 seperate terraces. This home has it all! Quality finishes are found all throughout this property. 

Listed at : $2.1 million dollars... 
Was listed for $3.1 million dollars previously

Interested in scheduling a private showing for this River North Foreclosure Home? Or looking for other River North Condos and Homes? If so, please contact me for all of your Chicago River North real estate needs! I have the real estate experience and knowledge you need! 

Jim Kontos
President-Broker--Chicago River North Real Estate Expert
RE/MAX 1st Class
Cell 630 327 9136
Office 847 674 9797
Office #2 312 643 2087
jkontos@remax.net 
www.mychicagoshortsalesite.com
www.rivernorthhomes.com 

chicago river north, river north chicago, river north foreclosures,
 

Ontario Place Foreclosures| 10 E Ontario| River North Foreclosures

RIVER NORTH FORECLOSURES|ONTARIO PLACE| 10 E ONTARIO
 
River North Foreclosures is todays post topic! Located in the Chicago River North neighborhood, the River North Condos at Ontario Place at 10 E Ontario in the River North neighborhood of Chicago is a hotbed for foreclosures and short sales. This American Invsco conversion project was doomed from the start and the result is poorly run river north condos with a insanely large amount of River North Foreclosures and Short Sales

RIVER NORTH FORECLOSURES
Ontario Place| 10 E ONTARIO
(As of February 2011) 

Current Number Of River North Condos For Sale At Ontario Place: 16

Current Number of River North Condos At Ontario Place that are Foreclosures: 1

Prices range from: $139,900

Don't lose your River North Condo to foreclosure! Let my experienced Chicago Short Sales Team help you avoid foreclosure! We have the experience you need to help you avoid foreclosure by getting the bank to accept a short sale on your home! Dont wait until it is too late, view our  Chicago Short Sales Website to learn more. Our broker service is completely FREE TO YOU!

Jim Kontos
President--Broker--Chicago River North Real Estate Expert---Chicago Short Sales Expert
RE/MAX 1st Class
RE/MAX River North
Cell 630 327 9136
Office 847 674 9797
Office #2 312 643 2087
jpkontos@gmail.com
www.rivernorthhomes.com 
www.mychicagoshortsalesite.com 
www.jkontos.illinoisproperty.com 

Your River North Foreclosures and River North Short Sales Expert!

 

 

Millenium Centre Foreclosures| 33 W Ontario| River North Foreclosures

Located in Chicago River North, the Millenium Center Condos @ 33 W Ontario is yet another Chicago River North condo project by American Invsco.  American Ivsco is more well known for massive condo conversion projects but these Chicago River North Condos were not a conversion, but a new construction project. I will discuss this building in further detail in another post, but i just wanted to touch upon the number of foreclosures happening with these River North Condos at 33 W Ontario.

Short Sales and Foreclosures are starting to make their presence know unfortunately in the Chicago River North neighborhood

Millenium Center| 33 W Ontario| Foreclosure Data
(As Of Nov 2010)

Current Number Of River North Condos FOR SALE At Millenium Center: 27 

Current Number of River North Condos For Sale At Millenium Center That Are Foreclosures: 4

Prices For These River North Foreclosures Ranged From: $199,000--$3,200,000

There is a 57% Foreclosure and Short Sale Rate For The River North Condos at Millenium Center!

Looking to Buy Or Sell a property in the Chicago River North Neighborhood? Let my Real Estate experience work for you! From River North Condos to River North Short Sales, I have it covered!

Dont lose your home to foreclosure! Let my Chicago Short Sales Team help you avoid foreclosure!

Jim Kontos
President-Broker-Chicago River North Resident-River North Condo Expert
RE/MAX 1st Class
RE/MAX River North
Cell 630 327 9136
Office 847 674 9797
Office #2 312 643 2087
jkontos@remax.net 
www.rivernorthhomes.com
www.mychicagoshortsalesite.com 
Your Chicago River North Condos Expert!
Your River North Real Estate Expert 

 

 

 

More Foreclosures at Ontario Place| 10 E Ontario| River North Foreclosures

The River North real estate and River North Condo market is starting to see its share of Foreclosures and bank owned properties. Located in the Chicago River North area, the River North Condos at Ontario Place (formerly Windsor at Ontario Place) located at 10 E Ontario has been bombarded with short sales and foreclosed properties.  This was an apartment building that was converted to condos a few years ago by American Invesco...  Great Chicago River North location, but not one of the better condo buildings in River north

3 River North Foreclosures Just Hit The Market at Ontario Place at 10 E Ontario in River North Chicago
 (As of Sept 2010)

1) #1312...Obed/1bath...$146,000

2) #1406...1bed/1bath....$159,000

3) #1112....1bed/1bath...$199,900

Please CONTACT ME for all of your River North Real Estate and River North Short sales needs! I also service the surrounding areas: Gold Coast,Old Town,West Loop,South Loop and Streeterville.

Are you behind in your mortgage payments?  I specialize in short sales and I have been helping homeowners in foreclosure for several years.  Call me to see how doing a short sale on your property can help you through this difficult time. Let my chicago short sales team help you avoid foreclosure! We are only a call or email away!! 

Jim Kontos
President--Broker--River North Real Estate Expert--Chicago Condo Expert--Chicago Short Sales Specialist
RE/MAX 1st Class
Cell 630 327 9136
Office 847 674 9797
Office #2 312 643 2087
jkontos@remax.net
www.rivernorthhomes.com
www.mychicagoshortsalesite.com
www.jkontos.illinoisproperty.com