Thursday, October 09, 2008

Northcenter Open House: Single Family Home Near Trader Joe's

With all of my new found spare time with the Cubs out of the play-offs, I've decided to host an open house at 1750 W Grace on Saturday 10/11/08 from 12P to 3P.

Asking $598,500 for a true four bedroom, two bath home with three levels of living. It has a great deck (a must for me) adjacent to an open main level family room. A good sized yard and 2 car garage complete the packet.

According to my research of local sales and MLS data, the average single family home in the four block radius is over $800,000. This home is in MOVE-IN-QUALITY condition. It simply could use some material updates. Honestly, with young kids, I'd leave the old stuff in the place for awhile until they were past the "destroy everything in site" faze. They're so cute.

After time, if you'd like to invest more than the material replacement alone, you could fully expand the second floor to increase square footage and still come in way under the average home price.

Interest rates are low and there remains a very small number of move-in, sound single family homes in good locations east of North Western Ave. This house is walking distance to the CTA Brown Line stops at Irving or Addison, trader Joe's is a block away and an established restaurant and shopping district is located on Lincoln Avenue a couple blocks away.

Northcenter is a terrific Chicago neighborhood with transportation, plenty of entertainment, shopping, grocery stores, and leafy streets. You can enjoy the Wrigleyville, Roscoe Village, Lincoln Square and Andersonville neighborhoods nearby as well.

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