Monday, December 07, 2009

New construction condo development on Diversey in Lincoln Park. Or is it Lakeview?

There has been a new wave of new construction of sorts stretching from Halsted to Sheffield along busy Diversey Avenue over the past year or so. I spotted this new building going up FAST a few weeks ago. This photo was taken last week. The building is located on the north side of Diversey just east of North Mildred Avenue and is in Lincoln Park, 60614. This popular small stretch continues to turn over housing stock despite the market over the past two years.

This three year old new construction building just west of Mildred on the north side of Diversey is in Lakeview, 60657.

The corner of North Halsted Street and West Diversey Avenue arguably has a storied, colorful past. It is now a home to new condo construction and the bustling crux of the Lakeview and Lincoln Park neighborhoods. The area features many small pubs that cater to both a younger "post college" sports bar crowd and long time regulars of the area (such as yours truly). There are several lunch places, dry cleaners, fitness centers, fast food and small retail stores for ever day needs.

An important amenity is the tooth rattling Diversey stop on the CTA Brown Line. The cycle of commuters to and from the "L" stop keeps the area in perpetual motion. In addition, the Diversey and Halsted bus lines are convenient and heavily used. Below, we see just recently completed new construction to the right of the photo eyeing the Diversey Brown Line.

Early last year, three two-flat buildings in a row were razed and three six-unit new construction buildings were built and sold surprisingly rather swiftly on the south side on Diversey. I'll investigate some pricing of these condos in my next post.

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