Thursday, March 27, 2014

North Center new construction home activity

Real Estate writer Dennis Rodkin of Crain's had a nice story  a couple weeks back about fervent demand for new construction houses in Chicago Several of our clients seek new homes in North Center up to $1.5 million and they can concur with the story. New construction activity seems endless, yet competitive, in North Center while prices easily exceed the $1.5 million dollar mark. 

All photos Bob DePalma, Broker, Kale Realty
While showing another house on West Fletcher in the "near" Roscoe Village neighborhood of North Center when we came across the two impressive new construction homes.  1905 W Fletcher to the left is listed by At Properties for $1,799,000.  1909 W Fletcher to the left is listed as under contract with an asking price of $1,799,000.

1928 W Fletcher shown above and below is listed by Jendra Realty at $1,525,000. Tax records show the property last sold for $500,000 in late 2013.  The original small frame house was torn down.

North Center new construction for sale and sold

Currently, there are 5 new construction homes marketed for sale on the MLS for North Center with asking prices from $1.4M to $1.8M

8 new construction homes are listed on the MLS as under contract with prices ranging from $1.3 million to $1.8 million.

6 new construction homes listed in the MLS have closed this year in North Center with prices ranging from $1.2 million to $1.6 million.

In just the first 3 months of the year (at the time of this writing, 19 new construction houses are either just sold, under contract or available in North Center alone.  That's a lot of new houses for a community area.
All sales statistcs derived from our member MLS

Read more of our North Center posts HERE

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