Tag: Austin

Are townhomes at Galewood Crossings now bargain-priced?

The Enclave at Galewood Crossings is the 15-acre residential portion of a 50-acre mixed-use development on a former railroad site in Austin. The site is nearly a mile east of the Galewood neighborhood. A 4-bedroom, 3-bath townhome in the development is currently for sale for $116,000. It was purchased for $316,500 in July of 2008.... Read more »

Austin tenants threaten rent strike

CBS Channel 2 reported on Friday that tenants of a foreclosed building in Chicago’s Austin neighborhood are “fed up and threatening a rent strike.” The tenants of the 32-unit building, located at Laramie and West End avenues, say the building’s furnace was ripped out and stolen, and say the building’s receiver has not replaced it.... Read more »

Small investment properties on Austin Blvd in Chicago and Oak Park

There’s been another price drop on a classic Austin 3-flat 916 S Austin Blvd. The investor-oriented property, which needs work, sold for $270,000 in January of 2000 and resold for $160K 9 years later. After some work was completed it came back on the market last July for $295,000. A series of prices changes knocked... Read more »

Austin continues to lead Chicago neighborhoods in foreclosure filings

The Austin community area came in first among in foreclosures in 2009 and continues to be the leader of the pack going into this year. According to the latest report from the Woodstock Institute, Austin saw 208 foreclosure filings in 1Q ’10, down more than 27 percent from 1Q ’09 but still ahead of all... Read more »