A long time neighbor across the street said the house has been "vacant for 15 years". I don't know the fate of this house or if the City is seeking permission to demolish the home. If you do know and would like me to update the blog, email me a note email@example.com
UPDATE 3/5/13: Some neighbors did email me that the house allegedly was passed down from the owners to one of their children and the person lives out of the area. Hopefully the owner is in a sound situation and this will prompt some sort of resolution for the house.
Curbed Chicago has pointed out an artist documenting many of the marked houses around the city.