Lincoln Park vintage multi-unit building sells for $1.2 million, torn down

1656 West Wrightwood sold in 2018 for $1,200,000 was torn down on Monday.

There are many significant "tear down properties" in Lincoln Park and around the city.  Sometimes we pass one (big deal or not) while we are working in the neighborhoods that catches our eye. A west Lincoln Park vintage mixed use building circa 1920 on a 32' x 125' recently sold in 2018 for $1.2 million and is being torn down. 1656 West Wrightwood  sold previously in 2010 for $400,000. The original listing at the address was back in 2008 was for a 58'x125' property asking $1,750,000.  It was eventually split and sold as the single lot.

The property was listed as a 32' x 125'  lot and zoned RT4 (can build a multi-unit building).  That's $300.00 a sq/ft for the dirt.  The demo took place June 17th of this week.  There is no construction permit on the property yet and I don't know what the new building will ultimately be.

Video! Meeting contractors on behalf of our clients

We try and make the home sale, buying and owning process easier!  This week we met with contractor's at two of our home listings on behalf of our clients for repair estimates.  We leverage our resources gathered over many years to help make smart, efficient decisions concerning all sorts of home owning fun!

Please contact us for real estate related resources, market advice and to even meet contractors at your home. You can also contact me concerning kids' sports programs LOL 💀.

New! Take a sneak peek at 522 N Marion in Oak Park for sale $449,900

New for sale! 522 N Marion, Oak Park IL 60302 asking $449,900. Fantastic location in the Frank Llyod Wright Historic District of Oak Park and Holmes Elementary School district.

More Property Information HERE

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 Listed by Eric Rojas, Broker, Kale Realty

2447 N Ashland, Chicago IL 60614

773-510-1597 - erojas@kalerealty.com

ericrojasblog.com

For sale: East Lakeview heated garage parking space for sale $29,900

Heated garage parking spot for sale at 450 West Briar in East Lakeview

Heated garage parking spot for sale at 450 West Briar, Chicago IL 60657 asking $29,900. (Car not included!)

East Lakeview is a high density neighborhood with little street parking. If you are in need of a parking spot you can purchase this heated garage spot in the heart of the neighborhood for $29,900.

Anyone can buy this parking space and store their car.  As the owner you may also rent out the parking space to outside residents. 

Heated garage parking space for sale in 450 West Briar... the heart of the East Lakeview neighborhood. Asking $29,900

Exclusively listed by:

Eric Rojas, Broker, Kale Realty

2447 N Ashland, Chicago IL 60614

PH: 312-939-5253

erojas@kalerealty.com

Sold for $3,140,000 Lincoln Park brewery building torn down for new development

The long time Lincoln Park site of various bars, brew pubs and bowling has been has been torn down for development. 

The Burnt City building (also formerly The Lucky Strike AKA Seven Ten Lounge etc...) in Lincoln Park at 2747 North Lincoln Avenue in Lincoln Park has been torn down. According to public records the land (2747-2749 North Lincoln Ave) was sold for $3,140,000 in 2017. We passed the site this past week while on condo showings with a Lincoln Park buyer.

I poked around but have yet to find out what will be built on the site. I was never a big fan of the businesses here. However I'm no stranger to Delilah's on the block... a rare hold out of my youth.

Update! Land sold for $4.4M... 80 units at 450 West Belmont in Lakeview near completion

A busy strip of Lakeview near fantastic lakefront amenities gets a new shiny building. The glassy 450 West Belmont rises in the left of the photo. All photos Eric Rojas, Broker, Kale Realty

Our Lakeview condo search for a client brought us past a new construction building taking full shape. 450 West Belmont is stepping out among the vintage buildings in East Lakeview. The 80 unit rental apartment development adds highly demanded new construction units among the 60s built high-rise buildings the area is known for. We reported the original vintage buildings and lots (450-454 West Belmont) were sold for $4.4M. 

On a related note I often wonder how long those 60s high-rise building along Lake Shore Drive will last.  They are not necessarily cheap to maintain! Will they last 100 years like the vintage mid-rise buildings we often revere?  

New Gold Coast retail development to service high end condo dwellers

The 1139 N State mixed retail development in Gold Coast. All photos Eric Rojas, Broker, Kale Realty

Gold Coast is getting shiner and "shoppier" again.  We spotted construction progress while delivering earnest money checks nearby.  The new three story retail development at State and Elm is taking shape. Curbed has the story from last October with a good photo of the old building that was torn down (sad trombone). According to the developer  Newcastle Limited's site Rumble Boxing has signed on. A restaurant space with patio is slated for the top floor. Additional retail is available for lease.

The retail is adjacent to the very successful, upper bracket 4 East Elm residential condo building. Of the six sold and for sale condos over the last 12 months the median price is about $3.25M.

Senior living in top Lincoln Park location!

Belmont Village 700 West Fullerton Avenue, Lincoln Park is a new senior living center at the massive Lincoln Common redevelopment site (former Children's Memorial Hospital). All photos Eric Rojas, Broker, Kale Realty

We have talked a little about some of the hot categories of business and construction around Chicago. Senior housing is popping up (and trying to pop up) in many north side neighborhoods.  The growth area is answering the need for both market rate and affordable places for seniors to stay in the city and even their immediate neighborhoods.

Belmont Village  (pictured above) is a new construction senior living facility built on the site of a former Nellie Black vintage building... that looked almost identical. The former Children's Memorial owned Nellie Black building would have been too costly to retro-fit for the senior center.  I passed by the facility yesterday on the way to showings. The senior living center is expected to open this summer.

Just a few examples: A new Northtown Library Branch was recently built in West Ridge with 44 affordable senior units.   Artis Senior Living was recently completed at 3535 North Ashland in Lakeview.  Another 200 unit affordable senior housing center is to be developed at one of the old Ravenswood Hospital buildings at 4501 N Winchester in Lincoln Square.

That huge black wall in Logan Square will be changing soon

The round-a-bout at Logan Boulevard is a familiar site framed by a classic church building and the black, black side of the old Grace's Furniture building at 2616-18 N. Milwaukee Ave. Changes are finally coming to improve this highly visible location.

The old Grace's furniture building that used to be "graced" by billboard advertisements will soon be a boutique hotel. The Logan Square neighborhood project has been in the development process for over two years.  Block Club has details about the project HERE.  What should be a really cool site driving west on Logan Boulevard has been unsightly for many years due to billboard ads and now an imposing wall.

Twisted Hippo confirms Irving Park / Albany Park is getting cool

This place is truly different from the outside and in!

I finally made it out to Twisted Hippo this week (what else would you do while your daughter is at basketball practice?).  Great beer and really cool room. My friends have enjoyed the food menu too. The location is just to the north of Ravenswood Manor and resides on the border of the Irving Park and Albany Park Community Areas. This enclave has become hot in the housing market but also has some hip spots like Montrose Saloon and the Hippo among others.

The bright and colorful main room bar pictured above. The 2nd floor features more seating and various video games. The ownership is dedicated to the employees and community with unique pricing to support both. 

House sales
The median price of a single family house located within two blocks of Twisted Hippo is about $625,000 over the past 24 months! The highest priced sold home over this period is 4529 North Sacramento for $1,045,000  Several clients of ours live in this easy walking range to great bars and restaurants.