Chicago City and Regional Foreclosure Activity Second Quarter Woodstock Institute, Source: Record Information Services

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1 Table 1. Six-County Chicago, Properties with Foreclosure Filings Chicago Six-County to By County Cook. 13,052 23,501 7,855 18, DuPage. 1,934 3, , Kane.. 1,648 3, , Lake.. 1,850 3, , McHenry , , Will. 1,887 3, , Suburban Cook. 6,944 12,398 3,820 1, North Cook , , Northwest Cook 1,806 3, , West Cook.. 1,648 2, , Southwest Cook 1,007 1, , South Cook. 1,673 3, , Six-County.. 21,216 39,212 10,701 28, Figure 1. Properties with Foreclosure Filings by Quarter, Chicago Six-County 28,000 24,000 20,000 16,000 12,000 8,000 4,000 Chicago City and al Foreclosure Activity 1Q06 2Q06 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 3Q09 4Q09 1Q10 Table 2. Properties with Foreclosure Filings by City of Chicago Area t0 t0 t0 Albany Park Gage Park North Lawndale Archer Heights Garfield Ridge North Park Armour Square Grand Blvd Norwood Park Ashburn Gr. Grand Crossing Oakland Auburn Gresham Hegewisch O Hare Austin Hermosa Portage Park Avalon Park Humboldt Park Pullman Avondale Hyde Park Riverdale Belmont Cragin Irving Park Rogers Park Beverly Jefferson Park Roseland Bridgeport Kenwood South Chicago Brighton Park Lakeview South Deering Burnside Lincoln Park South Lawndale Calumet Heights Lincoln Square South Shore Chatham Logan Square Uptown Chicago Lawn Loop Washington Park Clearing Lower West Side Washington Heights Douglas McKinley Park West Elsdon Dunning Montclare West Englewood East Garfield Park Morgan Park West Garfield Park East Side Mt. Greenwood West Lawn Edgewater Near North Side West Pullman Edison Park Near South Side West Ridge Englewood Near West Side West Town Forest Glen New City Woodlawn Fuller Park North Center City of Chicago.. 6,108 11,103 4,035 9,

2 Chicago City and al Foreclosure Activity Table 3. Properties with Foreclosure Filings by 100 Most Populous Chicago Census Places (in alphabetical order) Table 4. Properties with Foreclosure Filings by Chicago Ward Ward t0 t0 t0 Addison Lake Forest Moreno Algonquin Lake in the Hills Fioretti Alsip Lake Zurich Dowell Arlington Heights Lansing Preckwinkle Aurora , Libertyville Hairston Bartlett Lisle Lyle Batavia Lombard Jackson Bellwood Maywood Harris Bensenville McHenry Beale Berwyn Melrose Park Pope Bloomingdale Morton Grove Balcer Blue Island Mount Prospect Cardenas Bolingbrook Mundelein Olivo Brookfield Naperville Burke Buffalo Grove New Lenox Foulkes Burbank Niles Thompson Calumet City North Chicago Thomas Carol Stream Northbrook Lane Carpentersville Oak Forest Rugai Chicago Heights Oak Lawn Cochran Cicero Oak Park Brookins Country Club Hills Orland Park Munoz Crystal Lake Palatine Zalewski Darien Palos Hills Dixon Deerfield Park Forest Solis Des Plaines Park Ridge Maldonado Dolton Prospect Heights Burnett Downers Grove Rolling Meadows E. Smith Elgin Romeoville Graham Elk Grove Village Roselle Reboyras Elmhurst Round Lake Beach Suarez Elmwood Park Schaumburg Waguespack Evanston Skokie Mell Evergreen Park South Elgin Austin Forest Park South Holland Colon Franklin Park St. Charles Rice Geneva Streamwood Mitts Glen Ellyn Tinley Park Allen Glendale Heights Vernon Hills Laurino Glenview Villa Park O Conner Goodings Grove Waukegan Doherty Grayslake West Chicago Reilly Gurnee Westchester Daley Hanover Park Westmont Tunney Harvey Wheaton Levar Highland Park Wheeling Shiller Hinsdale Wilmette Schulter Hoffman Estates Woodridge M. Smith Homewood Woodstock Moore Joliet Zion Stone

3 Table 1. Six-County Chicago, Completed Foreclosure Auctions Chicago Six-County Auctions REO REO - By County Cook. 5,031 4, ,545 DuPage ,223 Kane ,237 Lake ,409 McHenry Will ,330 Suburban Cook. 2,446 2, ,471 North Cook Northwest Cook ,389 West Cook ,291 Southwest Cook South Cook ,483 Six-County.. 8,029 7, ,331 Figure 1. Completed Foreclosure Auctions by Quarter, Chicago Five-County (No Lake County) 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 Chicago City and al Completed Foreclosure Auction Activity Table 2. Completed Foreclosure Auctions by City of Chicago Area Auctions REO REO - Auctions REO REO - Auctions REO REO - Albany Park Gage Park North Lawndale Archer Heights Garfield Ridge North Park Armour Square Grand Blvd Norwood Park Ashburn Gr. Gnd. Crossing Oakland Auburn Gresham Hegewisch O Hare Austin Hermosa Portage Park Avalon Park Humboldt Park Pullman Avondale Hyde Park Riverdale Belmont Cragin Irving Park Rogers Park Beverly Jefferson Park Roseland Bridgeport Kenwood South Chicago Brighton Park Lakeview South Deering Burnside Lincoln Park South Lawndale Calumet Heights Lincoln Square South Shore Chatham Logan Square Uptown Chicago Lawn Loop Washington Park Clearing Lower West Side Washington Heights Douglas McKinley Park West Elsdon Dunning Montclare West Englewood E. Garfield Park Morgan Park West Garfield Park East Side Mt. Greenwood West Lawn Edgewater Near North Side West Pullman Edison Park Near South Side West Ridge Englewood Near West Side West Town Forest Glen New City Woodlawn Fuller Park North Center City of Chicago.. 2,585 2, ,074

4 Chicago City and al Completed Foreclosure Auction Activity Table 3. Completed Foreclosure Auctions by 100 Most Populous Chicago Census Places (in alphabetical order) Table 4. Completed Foreclosure Auctions by Chicago Ward Ward Auctions REO REO - Auctions REO REO - Auctions REO REO - Addison Lake Forest Moreno Algonquin Lake in the Hills Fioretti Alsip Lake Zurich Dowell Arlington Heights Lansing Preckwinkle Aurora Libertyville Hairston Bartlett Lisle Lyle Batavia Lombard Jackson Bellwood Maywood Harris Bensenville McHenry Beale Berwyn Melrose Park Pope Bloomingdale Morton Grove Balcer Blue Island Mount Prospect Cardenas Bolingbrook Mundelein Olivo Brookfield Naperville Burke Buffalo Grove New Lenox Foulkes Burbank Niles Thompson Calumet City North Chicago Thomas Carol Stream Northbrook Lane Carpentersville Oak Forest Rugai Chicago Heights Oak Lawn Cochran Cicero Oak Park Brookins Country Club Hills Orland Park Munoz Crystal Lake Palatine Zalewski Darien Palos Hills Dixon Deerfield Park Forest Solis Des Plaines Park Ridge Maldonado Dolton Prospect Heights Burnett Downers Grove Rolling Meadows E. Smith Elgin Romeoville Graham Elk Grove Village Roselle Reboyras Elmhurst Round Lake Beach Suarez Elmwood Park Schaumburg Waguespack Evanston Skokie Mell Evergreen Park South Elgin Austin Forest Park South Holland Colon Franklin Park St. Charles Rice Geneva Streamwood Mitts Glen Ellyn Tinley Park Allen Glendale Heights Vernon Hills Laurino Glenview Villa Park O Conner Goodings Grove Waukegan Doherty Grayslake West Chicago Reilly Gurnee Westchester Daley Hanover Park Westmont Tunney Harvey Wheaton Levar Highland Park Wheeling Shiller Hinsdale Wilmette Schulter Hoffman Estates Woodridge M. Smith Homewood Woodstock Moore Joliet Zion Stone

5 Addendum to Foreclosure Fact Sheet 2010 Woodstock Institute In the first half of 2010, the six county Chicago region again saw considerable growth in the number of new foreclosure filings when compared to the same period last year. The trends illustrated in the attached fact sheet demonstrate similar patterns to those observed in recent quarters. In the first half of 2010 the largest increases in new foreclosure filings occurred in the region s middle- and higher-income communities, while communities of color hardest hit by the foreclosure crisis continued to see declines in the number of new filings. The vast majority of regional foreclosure filings are on single-family properties, but condominiums make up a substantial, and in some cases growing, share of overall foreclosure activity. In the first half of 2010 in the Chicago region, 72 percent of all filings were on single-family homes, 9 percent were on multi-family properties, and 19 percent were on condominium units. Figure 3 shows the percent share of total foreclosure filings on condominium units in the first half of 2009 and the first half of In the first half of 2010, there was a 2 percentage point increase in the share of total filings on condominium units in the region, from 17 percent in the first half of 2009 to 19 percent in the first half of Outside of Cook County, the share of total foreclosures that were on condominiums remained fairly flat between the first halves of 2009 and In DuPage County, 22 percent of foreclosure filing activity was on condominium units in the first half of 2010, a slight decline from the first half of There was also a slight decline observed in Lake County, and share growth was flat or nearly flat in Kane, McHenry and Will Counties. However, foreclosures on condominium units represent an increasingly large share of new foreclosure filing activity in Suburban Cook County. While the City of Chicago had the largest number of foreclosure filings on condominium units in the first half of 2010, foreclosure filings on condominium units in North and Northwest Cook County grew at a much more rapid rate (77 and 76 percent increases, respectively) than in the City of Chicago (38 percent). In the first half of 2010, 30 percent of all foreclosure filings in North Cook County were on condominiums, compared to a 22 percent share of total filings in the first half of Similarly, 44 percent of foreclosure filings in Northwest Cook County were on condominium units, compared to 39 percent in the first half of Closer analysis within these subregions shows that many of the new condominium foreclosures may be extremely concentrated geographically in large suburban developments. In Northwest Cook, for example, foreclosure filings on 98 condominium units in a single development represented seven percent of the total condominium filings in the subregion in the first half of Municipalities with the largest number and concentration of condominium foreclosures include Palatine, Schaumburg, Hoffman Estates, Wheeling, and Arlington Heights. Source: Record Information Services Figure 3. Six County and Cook County Subregions Share of Foreclosure Filings on Condominium Units, and Northwest Cook North Cook Chicago Southwest Cook DuPage Lake West Cook Kane McHenry Will South Cook Percent Condo, Percent Condo, 39 44