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Pricing Pain: This Home's Ask Fell From $1.7M To $775K

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2008: What an ambitious year for Chicago real-estate. That was the year this four bedroom home was asking $1,759,000. Today? It is in foreclosure with a list price of $775,000, according to Zillow. Yikes. Built in 1997, the 3,800 square-foot home offers a private backyard, two-story living room, a spacious master suite, and a lower-level one-bedroom apartment.
· 1217 W Melrose St [Zillow]