West Lawn, Chicago
West Lawn, Chicago
Price now: $64,900
Price at last sale: $166,000 in 2004
Bedrooms: 3
Baths: 2

West Lawn is one of the few older established neighborhoods to crack the top 100 hardest hit foreclosure zip codes list, coming in at number 27. This multi-ethnic enclave is located in the southwestern part of Chicago and is home to many factory workers who have lost their jobs or have seen significant wage cuts in recent years.

Home prices in Chicago in general have fallen steeply -- down about 31% from their 2006 peak -- but this home has fallen much further than that. At its 2006 peak, it was valued at $257,000, according to Zillow.

Given that this home just celebrated its 100th birthday, it's in fairly good shape. But it will need some minor repairs and updates, according to agent Andre Bennett. Offering 1,400-square-feet of living space, there are seven rooms total, a 2 car garage and a full basement.

For more information: Trulia


By Les Christie @CNNMoney - Last updated January 23 2012: 5:37 AM ET
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