Thursday, February 17, 2011

Sales: Affordable East Lincoln Park town houses on Larrabee

We were back house hunting with clients last week on North Larrabee in Lincoln Park looking at a $599,000 town house with a great patio and yard.

A popular stretch to look for two and three bedroom townhouses with garage parking is on North Larrabee Street from West North Avenue to West Armitage in Lincoln Park. The townhouses are located in the Abraham Lincoln Elementary School district attendance boundaries. This highly regarded school attendance district is great for families with children or those looking for stable real estate prices.

The median price of closed town houses on this stretch in the last 12 months has been $560,000 for 14 closed two and three bedroom town houses. Some two bedroom units have sold for more than a few of the true three bedroom models. However, the choice models are true three bedrooms with an extra family room.

Good schools, eastern Lincoln Park, the lake, dining, Old Town... not bad for three bedrooms and more for $500,000!

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