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  1. Photograph: Kristine Condon
    Photograph: Kristine Condon

    655 W Irving Park Rd, unit 1017: $130,900 (under contract)
    1-bedroom (plus den), 1-bathroom 840-square-foot Lakeview condo; sold for $242,000 in 2006
    Pros
    Updated kitchen, corner unit, close to lake, pool and gym in building
    Cons
    No in-unit washer/dryer (coin-op laundry in building), $440 assessment (includes heat, A/C, water)

  2. Photograph: Kristine Condon
    Photograph: Kristine Condon

    1531 N Ridgeway Ave: $28,900
    2-bedroom, 2-bathroom 100-plus-year-old Humboldt Park house; sold for $259,000 in 2007
    Pros
    Cape Cod-style brick home, finished basement, big deck with pool in backyard
    Cons
    Gritty area, backyard abuts Metra tracks

  3. Photograph: Kristine Condon
    Photograph: Kristine Condon

    5815 N Sheridan Rd, unit 207: $22,900
    1-bedroom, 1-bathroom 700-square-foot Edgewater condo; sold for $111,500 in 2007
    Pros
    Lake views, beach access from building
    Cons
    No kitchen appliances or light fixtures, fixer-upper, $316 assessment (includes heat, cable)

Three great foreclosure deals

Two condos and one house being sold for a song.

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