|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.
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
|This renovation is also for the current owners and not a "for sale" house.
At the moment, only one "new construction" house is available for purchase in the boundaries outlined above (prime Lincoln Square). 2157 W Wilson maintains a partial portion of the old structure, but is otherwise completely new and priced at $1.29 million. I viewed the house this weekend with clients...very nice lot and attractive home.
Click the label below for more Lincoln Square posts.