Land Bank’s Foreclosure Sales Helping Stabilize Neighborhoods
By Dennis Rodkin, Crain's Chicago Business | November 22, 2016 A Cinderella story is playing on 101st Street in the city's Washington Heights neighborhood, and there are more than 200 others like it scattered around the city and suburbs. After lingering in foreclosure for almost six years, a modest 1960s bungalow started 2016 with mold growing on its basement walls, holes in its roof and busted pipes from standing empty for at least one winter. Now it's a fresh-looking place with a new roof, stylish tile and fixtures in the updated kitchen and baths. "This used to be one of the worst [...]