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Foreclosures chill Lincoln Park, Near South markets

A boy skips by an unfinished home in Lincoln Park. (William DeShazer/ Chicago Tribune)

Chicago’s once-hot neighborhoods are getting hammered by foreclosures.

In Chicago’s Loop, for instance, 73 foreclosure filings were made during the three months ended Sept. 30. Combine that with filings made earlier in the year and foreclosures up almost 77 percent from the first nine months of 2009, to 205 properties. The Near North, Near South and Near West sides, as well as Lincoln Park, also saw double-digit increases, according to a third-quarter foreclosure report scheduled to be released Thursday by the Woodstock Institute. Get the full story »