Wednesday, May 22, 2013

Curious construction BOOM on West Farragut in Bowmanville

This standard lot home is being built at the corner of West Farragut and North Leavitt. The previous property sold for $250,000 cash and was quickly torn down (photo Eric Rojas)
2221 W Farragut was purchased this year for $250,000 cash and quickly torn down as well for a single family home development (photo Eric Rojas).
Two blocks of West Farragut Avenue in usually measured Bowmanville have gone willy-nilly with new construction.  The 2200 to 2400 blocks of Farragut have seen quite of action including re-sales and developments in the last year.

This exciting double-lot home above is a custom build by a current Bowmanville resident (photo, Eric Rojas).  The two separate lots sold for a total of $385,000.


This vacant lot at 2230 W Farragut was sold by the owners of the adjacent house for $190,000 last year.


It is rare to see so many new house being built at one time on a two block stretch. Bowmanville is very established and is not prone to quick turnover.  However, West Farragut has had far more sales and development than any other street in the neighborhood in the past year or so.  The sales are reflective of the current market demand for new construction homes and quality re-sale houses on the North Side.
 
 
 
There are a few gut rehabs in progress on adjacent blocks as well.  It's a big year for Bowmanville.
 Click the label link below for more of our posts on Bowmanville.  Check out our last single family homes sales on 2209 West Farragut and 4321 N Bell North Bell.

 

Under Contract! Buyers secure top floor unit in prime Lakeview location

The views from 2850 N Burling #4.  Our buyer clients are under contract on the home (asking price of the condo was $685,000).  The location on the border of Lakeview and Lincoln Park is outstanding!  Fantastic shopping and dining just around the corner...not to mention a Trader Joe's at the end of the street.
Tree-top views from North Burling in Lakeview...the trees in bloom are outstanding! (photo, Eric Rojas)

These large 3 bedrooms full-floor units on the 2800 block of North Burling in Lakeview are well sought after.  This in the second unit of this build and style we've sold as the buyer's agent within a year...both were very intense multiple offer situations.  Last year another one of our client's bought 2842 N Burling #2.  It was an almost identical layout to 2850 N Burling #4 with a few interior modifications and no front terrace.
 
We had mentioned these buildings and layouts to our client's months ago.  Finally, a top floor unit in with great upgrades came on the market in early spring.  Our buyer clients were very prepared with excellent knowledge of the local market. We secured one of the first showings and had an offer in within a couple hours.  The home is pending closing and we are excited for our clients.
 
 
 
 The peaceful location is a half-block from the Diversey/ Clark and Broadway shopping and dining district.  The location is about 5-6 blocks from the lakefront parks.

Tuesday, May 21, 2013

Epic Blocks! Sold on West Bradley Place in North Center, Chicago

There are primo blocks in every Chicago Community Area.  They reach legendary proportions for any number of reasons... great school district, amazing landscaping, beautiful homes and real estate agent hyperbole (!).

We show and sell a lot of properties in North Center.  The 2000 and 2100 blocks of West Bradley Place in North Center (between North Damen Avenue and North Leavitt Avenue) has reached epic proportions for their reputations.  They are highly sought after blocks for all the reasons mentioned above a more. Homes priced anywhere within reason of the marketplace sell immediately.


We showed two single family houses on the 2000 and 2100 blocks last Saturday...both new for-sale listings just before the weekend.  2129 W Bradley was listed at $619,000.  The house is totally cool "as is" in my opinion.  A "smaller" two bedrooms house with nice main floor, partially dug-down finished basement area and really great family room addition. It's not big... but the asking price reflects that.  Our clients would add on to the house.

It's truly a move-in ready house with great curb appeal and attractive yard.  It's under contract and my guess is it will sell for closer to $650,000...well over list price.  I'd love to see someone just get it "as-is" and be able to live on a great block.  My guess is that even at $650,000, a developer may have made the best offer and will tear-down or rehab the house.  Expect a re-sell price of  $1.2M to $1.7M depending on new or rehabbed.

 The other home is a gorgeous fully renovated house at 2153 W Bradley Place.  The house was listed at $1,059,000 and quickly under contract after multiple offers. The home will most likely sell for over the list price.  Our clients were very interested in both options to get on the blocks.  But the reality is single family homes on these these blocks - and North Center in general - are very desirable and tough to get.
 

Wednesday, May 15, 2013

I went to McKinley Deisgn for custom metal and wood

I took a quick trip to the Near West Side last weekend to visit McKinley Design.  Our general contractor Artistic Construction referred Mick's shop for our custom staircase rails.  We wanted metal and wood...they do metal and wood fabrication.



We sent some photos ahead the appointment.  The guys had some ideas in mind and walked me through the materials they could use.  We quickly got on the same page and they provided a proposal to my GC.


The shop at 2535 W Maypole


Mick and Mark
I look forward to posting the final product in a couple weeks or so. Thanks guys!


Closed! Our Lincoln Square three bedrooms condo listing sells for over list price

One of our latest listings sold for just over list price.  4709 N Artesian #2, located just off the Lincoln Square main retail and entertainment plaza, quickly received multiple offers and closed for $380,000 last week.
Images from Photo Light Chicago, owned by Eric Rojas, Broker

The three beds, two baths home has a huge kitchen awesome for gatherings.  The main living space is open, spacious and bright.

Check out the video walk-through!



We represent the sale and purchase of many Lincoln Square condos and houses.  If you are selling or buying a property in the area please consider consulting with us. See you in the neighborhood!

A few photos from Kids in the Square last week


Kid's in the Square 2013 last weekend.  Good times despite the gloomy weather.  Balloon sword and tiger!



Check out this and many other events Sponsored by the Lincoln Square Ravenswood Chamber of Commerce.

Tuesday, May 14, 2013

Home sales in Audubon School District up 133%, median price over $1 million

Many of our clients only search for homes in a handful of school districts.  One of the top 5 schools of choice for our clientele is Audubon School in North Center's Roscoe Village neighborhood (we know this from the very unscientific study we've conducted of our clients).  Here's a look at home sales in this popular area and school district this year.
Our client's bought new construction in Audubon school district this year (photo Eric Rojas)

Single family home sales in Audubon Elementary School district (Jan 1st to May 13th 2013)

21 single family homes have closed (sold) in Audubon Elementary School attendance boundaries this year.  The median price is about $1,040,000. Sold homes are up 133% over same period last year when 9 homes closed at this point.

The highest sale thus far is 3330 N Oakley for $1,751,309 (and fifty cents).  The luxury 5 bedrooms new construction house sits on a desirable 35' foot wide lot.  Every foot counts!

Under Contract
13 homes in Audubon School District are currently under contract with a median asking price of about $915,000.
This Roscoe Village foreclosure in Audubon School district was snapped up (photo Eric Rojas)

Click HERE for Audubon and other neighborhood school boundary maps

All data gathered from MREDLLC.com and analyzed by Eric Rojas, Real Estate Broker.  Sold home numbers in the district are deemed fairly accurate but should be used as a guide to unit sales and prices in a given area.

Bowmanville's green space

The Bowmanville Neighborhood community green space...lookin' good (photos, Eric Rojas)
The Bowmanville Community Organization has kept neighbors connected and fostered a "green lifestyle" in their little burg for decades now.  Their greatest triumph of late may be their acquisition and development of land bordering North Bowmanville Avenue.  

Here's a handful of photos along Bowmanville Avenue taken on my (cloudy) walk with Stanley last week.

If you live in Bowmanville become a member of BCO and consider a donation to the Green Space project.  If you are looking for a nice house in a great North Side community from $400,000 to $1M consider Bowmanville.

Sunday, May 12, 2013

New for Sale! Luxury duplex condo in Audubon School district

 2049 W Addison #1 asking $614,900
High-end kitchen opens to true great room.
Nice move in houses in Audubon Elementary school district of North Center have an average price of over $800,000.  Many easily sell for over one million and most houses sell in multiple offers.  We've just listed for sale a great alternative that offers luxury finish, a great yard, deck and garage spot to give you the extra space you need.

Large great room with fireplace, surround sound, eating area, half-bath and walk-in pantry.
Large deck and real yard off the great room!
The duplex condo has three bedrooms on the same level, two and one-half baths, formal living room and dining room, open great room, two fireplaces, large deck and garage spot.  The lower level has radiant heated wood floors, sump-pump system, laundry room and great storage.

Master bedroom with two walk-in closets

Formal living room
Formal living and dining on one half of the home... great room casual living on the other!
Live steps from great Roscoe Village dining and shopping, the Brown Line train, close to Southport Corridor, Wrigley Field and around the corner from Audubon School.

Friday, May 10, 2013

We work with PHOTO LIGHT Chicago for our real estate photos

Bob and I meet many, many service vendors in our brokerage career.  We choose to work with and refer high quality people with great service prices.  These are folks we've had excellent professional experiences with.
Owner Jola Jablonska of Photo Light Chicago sizes up an exterior shot for us in Wicker Park

Photo Light Chicago has been our GO TO real estate photographer for several years now.  We love the work, prices and the people!

Contact Photo Light Chicago and tell them Eric and Bob sent you!
info@photolightchicago.com