The Chicago listing doesn’t even mention it was an REO… Wowsers… It was purchased in 05 for 665k, then it went to the lender for 650k (trustee sale) and now Prudential has it listed for 445k. NICE… that is a cool 30% off of the 2005 price. Now that is tempered with the fact that it is a 2/2 1248 sf home but still… encouraging at the very least. I assume we are talking about the same home, 3368 Chicago. The Lloyd address is 2915 Lloyd. That 799k price will probably piss off 3023 Lloyd who is on the market for 1.199M-1.399M.
