Is it zoned high-density multi-family? If not, I don’t see why anyone would give more than $10K for a single family house lot if this is the kind of nabe some commenters in here hint that it is.

But what do I know? I’m a midwesterner. I think CHICAGO prices are insane-that they have no relationship to the incomes and true buying power of the prospective market for a particular property. You pay our prices only if A.) you like taking a steep drop in your standard of living when moving from rental to ownership-like from a great 4 room vintage with all the millwork, beautifully maintained down into a 3 room fixer-upper with 500 sq ft. or B) you want to live on a diet of raman noodles for the next 10 years.

So my perspective is sort of skewed.

Complete devastation in Cali!!

Play hardball on this one. I feel a motivated seller in the air. Offer 10% less then the list price, or you’re walking! Geez, We should actually jail the terrorist at GITMO at this house for a couple of years. When the news gets back to the Jihadist on how we treat thier fellow comrades/cowards as prisoners, I think they might take up another line of work.

You are right. Just goes to show what is happening. Folks getting desperate to unload properties on a housing bear blog. If anything, we are the last people to buy over priced real estate.

I’ve deleted many comments like this but I think it is good to see the angle people are trying to use to peddle overpriced stucco boxes.

Cheers