Thursday, January 19, 2017

Northcenter single family homes sales 2016

A modern looking home in ominous yellow wrap rises in the night on West Pensacola.  Another indication new construction seems endless in North Center.
228 single family homes sold in 2016.  The median price of sold homes was $1,017,000 over the year. Approximately 48 (21%) of those home sale were new construction!

Wednesday, January 18, 2017

Under Contract! Bowmanville, Lincoln Square home sells over the holiday

2329 West Berwyn in the Bowmanville neighborhood of Lincoln Square.
UNDER CONRACT! Local buyer gets a jump on the new year and offered a winning bid over the Christmas and New Year holidays.  Watch the video walk through of our three beds, four baths single family home listing at 2329 West Berwyn, Chicago, IL 60625. Asking price is $634,900

Bowmanville, Lincoln Square single family home!
2329 West Berwyn, Chicago IL 60625
Offered at $624,900
Three bedrooms
Four full baths
30'x125' lot!
Backyard, two large decks and two car garage
Kitchen/ great room
True master suite!
Open floor plan with quality finish level.
True master suite with walk-in closet and awesome French door and deck!
Master suite deck

Charming outdoor space for entertaining or quite summer nights.
Awesome kitchen/ great room layout!
View more photos and information here!

Bowmanville is a desirable community of long time owners and new construction homes alike. Walk to Andersonville night life, Lincoln Square entertainment and Winnemac Park. NEW Half Acre tap room/ patio coming soon across the street. Check out the Bowmanville Community Organization for neighborhood events!

Bowmanville is dotted with community gardens
A public green space developed by the Bowmanville Community Organization is located steps from 2329 W Berwyn.
Exclusively listed by:
Eric Rojas, Vice President/ Broker

Kale Realty - Lincoln Park
2447 N Ashland Avenue
Chicago IL 60614

We love to help you buy and sell Bowmanville, Lincoln Square and North Side properties.  Contact us today!

Thursday, January 12, 2017

The Sinclair development shores up gate to Gold Coast

The Sinclair and new Jewel store progress at 1201 N LaSalle Street Chicago IL 60610
The old, junky Jewel Food Store and parking lot are long gone.  The Sinclair development has taken it's shape at the corner of North LaSalle and West Division. The 390 unit luxury apartment building and new Jewel Store will anchor an old underused corner at the footsteps of one of Chicago's most famous neighborhoods. The Gold Coast (and very nearby adjacent blocks) has been adding more units and building brand new retail at an accelerated clip. The vibrancy should be palpable. 

The brand new Jewel store will service the nearby residents and commuters alike (Clark and Division Red Line is across the street). Mega residential complex Sandburg Village down the street will benefit greatly.
Median price of a condo unit within a few blocks of the development is about $320,000.  That will get you a one or two bedroom condo with varying degree of finish level and parking options.

Tuesday, January 10, 2017

Big homes in Western Springs get big money

Western Springs offers diverse homes built in the early 1900s to new construction and prices ranging in the $300s realistically to over $2 million.
We've been in Western Springs, Illinois with clients looking for a large house. The single family housing stock is quite diverse in this long time established suburb. However, four bedrooms homes or larger will cost you a little money.

In the last 12 months four bedrooms home sales have a median price of $610,000.  About 78 four bedrooms homes sold. 

Five bedrooms homes have a median sales price of $995,000. Only about 38 five bedrooms homes sold in the last 12 months.
Good sprinkling of mid century modern elements in many Western Springs homes.
Over-all home sales
About 194 houses closed in all of Western Springs in 2016.  The median price of a home sale is about $580,000.  The most expensive home sale is 1010 Walnut St, Western Springs, Illinois 60558 for $2,500,000. The lowest priced sale is 5128 Ellington Ave, Western Springs, Illinois 60558 for $275,000 cash (sold as "tear down").

174 homes sold in 2015 with a median price of $601,000.
159 homes sold in 2014 with a median price of  $550,000
190 homes sold in 2013 with a median price of  $470,000
158 homes sold in 2012 with a median price of  $445,000.

Wednesday, January 04, 2017

New condos in Lincoln Square ask up to $699,000

We pointed out the new construction condo building at 4805 N Claremont in Lincoln Square last year.  "Off MLS" listings went up recently for $575,000 to $699,000 for the three bedrooms condos.
Nine new condo units advertised at 4805 North Claremont in Lincoln Square have asking prices of $575,000 to $699,000. A web site is up for the new construction project at North Claremont and West Lawrence. Marek Development is the builder and  FairGreen Real Estate the listing Broker according to the site.

5-6 new condo and apartment projects are planned for Lawrence Avenue in Lincoln Square.  This is the first pricing I've seen for any of the recent new projects.

I discovered the off market listings today through my TAN Agent Network. This is a paid site for top 10% brokers to list and request properties "off market".  If you are looking for homes or condos in and around Lincoln Square please contact us.  We may have more options available then what is listed on the MLS.

La Grange Historic District / downtown home sales, median price up 18% in 2016

4o block of 7th Street La Grange... steps from a Starbucks!
We recently viewed homes near the La Grange downtown area known as a Historic District.
Most houses maintain the distinct original character of the well established Chicago suburb. The majority of the houses look as they have always looked (mind for expansions and interior renovations). Home owners often opt to live with sometimes quirky lay outs in exchange for great location and "city life".

Home sales in the downtown La Grange area roughly West Ogden Ave to West 47th Street and North Gilbert/Willow Springs to East Ave.
La Grange downtown / Historic District area home sales
104 homes have sold in the greater downtown La Grange area over 2016.  The median price of a sale is $655,000. The many restaurants, bars, services and transportation options attribute to the relatively high median home price. Several friends and colleagues take the La Grange Metra stops to downtown Chicago in 20 mins.
We saw this new construction home interior on the outskirts of the downtown area.  Fully gut renovated and new construction homes have been become more common with increased housing demand over the last few years.  Foreclosure and value home purchases from past few years have become 2016's new construction homes.
The highest home sale was 311 6th Ave , La Grange, Illinois 60525 for $1,250,000 cash. The 1914 built grand renovated home sits on a huge lot.  The lowest sale from 2016 was 119 Hayes Ave , La Grange, Illinois 60525 sold cash at $71,359. The bank owned (REO) home looked in need of tear down.

In 2015, 109 homes sold for a median price of $550,000.
2014, 95 homes sold for a median price of about $550,000.
2013, 86 homes sold for a median price of about $510,000.

The increased median sales price in 2016 mimics the housing recovery for many transit orientated ares and the introduction of more new construction homes for sale over the last couple years. The red hot Chicago market over the last couple years has afforded growing families to sell city condos and buy their suburban homes in areas like La Grange downtown area. Many of our clients are taking advantage to buy their "move up" house.

Tuesday, January 03, 2017

New year, new move! Coffey Bros Movers

A lot of our clients have moves in the works after an exciting Chicago Cubs season and crazy presidential election brought 2016 to a close. Check out one of the best reviewed movers in Chicago... Coffey Bros. Moving !

Wrapping and packing too!
Look for the flashy trucks!
I would like to extend warm welcome to our partnership with Coffey Bros Moving. These guys offer professional, responsible and affordable moving rates. 
Servicing local Chicago and interstate moves as well.

Monday, January 02, 2017

Sold! Clients win mutiple offer for Forest Glen double-lot house

Our clients closed 5039 W Berwyn in Forest Glen just before the Christmas holiday.  The wide lot features large side yard and spacious backyard! They will expand the existing small house with a second story.
Congrats to our buyer clients on their purchase of 5039 W Berwyn, Chicago IL 60630 in Forest Glen.  The nearly 60ft wide corner lot is nestled in a quiet neighborhood just steps from the Forest Glen Metra station.  A Mariano's grocery is couple blocks away. The home is in well regarded Beaubien School district and only steps to Forest Glen Woods for outdoor activities.

The hiking and bike trails along the North Branch of the Chicago River are a welcome amenity of this pocket of Forest Glen.

Bike or cross country ski the trails!
The price of the home dropped from $319,000 to $299,900 in the fall. Our clients moved quickly as this price point for such a large lot would attract much interest. We helped structure the purchase offer among the competing offers with an "escalation clause" and our clients came out on top with a $290,000 offer (without over-paying). Having their lender, attorney and aggressive closing date ready all helped secure the deal.

A big thank you to real estate attorney Patrick Loftus who worked on two relatively complex closings with our clients when selling their vacant land and helping purchase this home subject to court approval.

Friday, December 30, 2016

Several Lincoln Square condo developments take shape

New condos at 5061 N Lincoln Avenue rise from the former one story commercial building.  A similar building is going up just a block south near Western Avenue.
A quirky double lot property (red fence) hangs on.  A frame home sits back deep on the lot.

The development at Lawrence and Oakley is coming along in the former Wintrust Bank parking lot.

New 6 unit building at the corner of West Winona and North Western Ave
For quite some time in recent years there were no new condos to buy or new apartments to rent in Lincoln Square.  We may have had a three year run (2009-2011) after the 2008 housing crash with no new units built. Since 2012 it has become more and more common to see new units added to this thriving Chicago neighborhood on every major throughway. Damen, Lincoln, Western and Lawrence continue to evolve with residential units.

Taste of Peru coming to North Clark Street, Lincoln Park

I took a couple photos a few weeks ago of a new Peruvian restaurant coming to Lincoln Park.  Chopo Chicken will move into the space at 2460 N Clark.  I checked out the Facebook page and it does not look to have opened yet.  It will be a great addition to the diverse offerings of North Clark Street.  It's one of my favorite areas to eat in the city.

They've created a really cool mural facing Arlington Place. Good luck this New Year!