Monday, July 22, 2013

House hunting on the 1800 block of West Wellington in North Center

Our clients take into consideration the over-all block and adjacent houses when deciding on a single family home purchase.  The 1800 block of West Wellington is sort of tucked behind southwestern Lakeview and sits on the southeastern edge of North Center.  But the block features a lot of attractive houses.

The 1800 block of West Wellington has many stately and modern newer construction homes on each side of the street making for a well developed enclave. (Photo, Eric Rojas)
We recently showed  a single family home at 1833 W Wellington to our clients.  The really well done renovation is now under contract (not with us) with an asking price of $980,000.

In the last 24 months, 4 single family homes closed on the block priced from $650,000 to $1,110,000.  One gut renovation single family house is under contract asking $980,000.  There was also a vacant land deal  for a 37.5x 125 lot at $536,000. 

In the last couple years this little spot of North Center has been a good value.  You can typically get a comparable house for 10% less than in adjacent heated school districts of Burley or Audubon but still be pretty far southeast near enough to your favorite  Lincoln Park, Lakeview and Roscoe Village action.

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