Granted, most people associated 'south side' foreclosures with Englewood and Roseland and Calumet City, but there is a great diversity in the 'south side' of Chicago.

As previously posted on the topic of mansions, there are a number of residences of 7,000 and 8,000 square feet in the Chicago and suburban areas of Lake and Dupage Counties, but there are very few of them in that portion of the City referred to as the 'south side'.  Jackson Park Highlands and Kenwood are two of the long-established and more desirable neighborhoods south of the city which possess such turn-of-the-century housing stock and benefit from having the world-famous University of Chicago in the neighborhood.

Even Barack Obama resides in the general area.

 

Bardan Azari of Cherry Picker called today and said someone gets the opportunity to snatch this proverbial castle at the foreclosure auction.

4847 S. Woodlawn, Chicago, IL 60615-1919
Zestimate: 1,429,800
Balance due: 1,237,094

4847 Woodlawn

 

 

 

 

 

 

 

 

 

 

 

 

 

 

It may not LOOK like a castle, but at 116 years old and 8,510 Sq. Ft. of single family home on nearly a 1/2 acre, being a couple blocks from Lake Michigan, it might as well be a castle.  The house sits on a 17,360 SF site, with is nearly 6 times larger than the typical city of Chicago site which is 3,125 SF

Michael Hobbs, PahRoo Appraisal & Consultancy

 
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3 Comments on Another Mansion Careens Into Foreclosure; This Time In University of Chicago's Backyard

OCT
12
2011
117,604 Points Outside Blog

The house looks gorgeous from the outside, love to see pics from the interior.
9:37am • #1
NOV
16
2011
330,867 Points Outside Blog

yes they look so nice but Foreclosures are such tough on to stomach.
11:15am • #2
NOV
17
2011
160,093 Points 8 Featured Posts Outside Blog

Wendy, you are right and Paul speaks from the 'gut'.
2:50pm • #3


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Michael Hobbs, SRA

Michael Hobbs, SRA, LEED GA, RAA

Chicago, IL

More about me…

PahRoo Appraisal & Consultancy

Address: 1707 W. Roscoe Street, Suite 1, Chicago, IL, 60657

Office Phone: (773) 388-0003

Email Me



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