Tuesday, November 26, 2013

Lincoln Square condo sales in October 2013

18 Lincoln Square condos (attached units including town houses) closed in October 2013.  The median price of a condo was about $260,000.

Click photo for larger view.  Stats compiled by Eric Rojas, Real Estate Broker from MREDLLC.com our member MLS

The lowest sale was a foreclosure at 2725 W Catalpa unit 2W for $75,015.  The two beds, one bath with parking was in dated condition and needed new kitchens and baths.  This is an area of northwest Lincoln Square that has seen low condo prices but offers a very good quality of life close to shopping, parks, universities, Swedish Covenant Hospital (Galter Life Center fitness club) and an easy bus or bike ride to Lincoln Square shopping, dining and festivals.

The highest sale was a newer construction unit at 4927 N Damen #3E for $421,000.  The three bedrooms, two baths unit included garage parking and an outdoor parking spot. The boutique building has a rare elevator for the area.

Under contract
There are currently 49 condos (attached units) under contract.  11 units are under contract over $500,000 at two new construction buildings nearing completion at the time of this writing.

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