Tuesday, November 9, 2010

Sold 4616 Wolf Road in Western Springs

This home is located in Old Town South just 2 1/2 blocks to the train and town. Sold in March of 2008 for $417,000. Went on the market this year for $311,900 and was reduced once and sold for $270,000. 3 bedroom, 1 bath, 2 car garage. Home was a foreclosure.

4 comments:

  1. This home also sold in 2002 for $335,000.

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  2. So this seems to be where the Western Springs Market is today. Down 35 to 40% from the peak. Back to 2002 - 2003.

    Some think another dip is coming this fall and winter.

    Spring 2011...hope?

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  3. I knew it was over inflated but I didn't think to this degree. I hope spring of 2011 is at least stable.

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  4. I read today that, in the Chicago area, 32.9 percent of all local single-family detached homes with mortgages were underwater in September....Nationally, 23.2 percent of homes have negative equity. This is going to continue to cast a pall over the housing market for the next several years. I want to second your hope that the Spring of 2011 will be at least stable here.

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