Monday, February 18, 2013

Newest dream home to be built on West Eastwood in Lincoln Square

The property at 2171 W Eastwood above was acquired for $475,000 in late 2010 and is now being developed.  The coveted 37 foot wide lot is poised for a custom new construction house for the current lot owner.
 We were out this weekend with clients looking at a rare opportunity to purchase a new construction house in Lincoln Square.  Only a handful of lots will become available in this community...and many houses that do get built for sale by developers will be well over $1.3 million.

The Lincoln Square neighborhood between West Montrose and West Lawrence and North Damen and North Western Ave has steadily added new construction and newly renovated luxury homes over the past several years.  Lincoln Square, of course saw a developer boom in 2002-2007.  In the last couple years it's been more of a mix between private owners building or rehabbing their own custom homes and the well established developers buying up land and selling homes at record sale prices.
Prime Lincoln Square area. 

Directly behind the property private on Eastwood owners are renovating and expanding their house on West Wilson (shown below).
The owners are completely renovation their house with an addition on the 2100 Block of West Wilson

And yet another fantastic renovation on the 2100 Block of Wilson just a couple doors down (shown below)
This renovation is also for the current owners and not a "for sale" house.

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