Remember that modest Lincoln Square 2BD that was listed at the stratospheric price of $1.6 million a couple weeks ago? As we suspected, the inflated price was indeed a typo, because it has since come down to earth—and some. Since this recently-rehabbed 2BD, 2BA was listed in early September for $200,000, its price has been reduced thrice (not including that little snafu), to the current listing price of $150,000. By comparison, the current owner purchased the place for $251,000 in 2008. The place looks pretty charming (minus those red walls in the bedroom), and with multiple exposures in the living room, it looks like it gets plenty of light.
· Listing: 2700 W Argyle St #4 [Redfin]
· Lincoln Square's Most Overpriced [Curbed Chicago]