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Friday, September 4
Chicago Historic Resources Survey: Not included [?]
Owner: City of Chicago
Permit Description: Wreck & remove 2 story frame building with basement and 1 story frame garage.
Status: Demolition permit issued 2/17/2012
This property experienced a massive decline in value following a foreclosure in 2008. It sold for $195,000 on August 8, 2005 but was foreclosed by JP Morgan Chase on January 2, 2008. It subsequently sold for $32,500 on September 8, 2008, which is less than its sale price in 1995, $49,000. The building was called for an "Other" sanitation code violation via 311 on August 23, 2011.
A family moving in across the street expressed little interest in the news that the building would be demolished other than to say it could have been a good investment, assuming the South Works redevelopment is successful.
Over the course of 2012 David Schalliol produced a photographic portrait of 100 of the hundreds of buildings threatened with demolition in the city of Chicago. Nearly all of the buildings have since been demolished. Visit the background information section for more information about the project, including definitions and links to other building resources.
The series is supported by a generous grant from the Richard H. Driehaus Foundation.