Thursday, January 30, 2014

Under Contract! First-time buyer moves quickly on Lincoln Park condo near the CTA Brown Line

We recently represented a client on a purchase contract for 1050 W Diversey #2.  The newer construction two beds, two baths unit with garage parking showed great at an asking price of $369,000.  Our client jumped on the first day of showings for the property. 

The building at 1050 W Diversey in Lincoln Park.  Great location near the Diversey Brown Line, Lincoln Park Athletic Club, Sheffield and Diversey Starbucks and scores of shops, bars and restaurants. The condo has terrific unobstructed south exposure for great light.

Another similar unit nearby priced exactly the same also sold on the first couple days. A quick action secured the condo before a multiple offer common in this price range.  The contract is currently in attorney review and inspection.

LSAC across the street among many, many area amenities.
Seeing property and understanding what will move quickly in this current market helped our first-time buyer client make a confident decision.  Although fewer properties are listed in December and January it still can be a good time to purchase a well priced, quality home.  Even in our freezing weather, the demand is out there waiting for the next good place.   We've personally represented several transactions over the last December and January that were listed and sold quickly.

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