In March, 2015 we purchased a bank-owned property in the Edgewater neighborhood of Chicago. It is a corner lot at the intersection of Ridge and Hermitage Avenues in what is known as "The Wedge".  The lot is large but oddly shaped, nearly triangular. The existing house was built in 1895. It had a rather small footprint, but the foundation was deemed in good condition and able to support new construction. There is a garage on the property, and numerous weeds and landscaping made the lot look deceptively small.