Wednesday, July 25, 2012

Lincoln Park town house sales up 42%

There are a lot of town house style developments in Lincoln Park.  It's a popular way to live in one of the more desirable urban areas in the country. In a town house style home you have no neighbors above or below you (just attached on at least one side). Often times town houses will afford you that city dweller coveted "outdoor space" in the form of a roof deck, fenced grassy yard or patio. Many have attached garages (rare even for single family homes in the city). Bob and I often sell and buy town houses with our clients in Lincoln Park and like to keep tabs on the market.

Watch the video of one of our favorite town house sales in Lincoln Park, under contract in only a couple days and sold for $437,500.

According to MLS closing data we track, 109 town houses have sold in Lincoln Park in 2012 thus far (January 1st to July 23rd).  That's way up 42%  from 77 units sold during the same period in 2011. 

The Highs
The highest priced town house closing so far this year is 805 W Belden for $1,225,000.  The 4 bedrooms town house also features a large family room, a 2.5 car garage and large roof level deck.
Two town houses sold for over $1 million and two sold over $900,000.

The Lows
The lowest priced town house sale in Lincoln Park was the deal of the year in my opinion.  646 W Belden Unit D sold for $285,000.  The small town house offers two bedrooms up, a main floor kitchen and living room combo and a lower level family room (or flex room). Sublime location in great condition...with parking included! Great buy.

If you are looking for Lincoln Park town homes from the low-end to the higher-end, with outdoor space or garage, in Oscar Meyer or Lincoln Park school... Bob and I will help you find value.