Saturday, November 15, 2014

Progress in Albany Park's development with "P-Streets"

StreetsBlog Chicago wrote a good piece about P-Streets and development in the 33rd Ward's portion of the Albany Park Community Area.

 Our client bought a twat o-flat 4517 N Sawyer Chicago, 60625 earlier this year for $375,000 in a multiple offer situation.  The property is in excellent condition and located just around the corner from the bustling Wilson and Kedzie Starbucks, the Kedzie CTA Brown Line stop, popular Noon-a-Kabob, Andy's Fruit Ranch and more.  The home is located just west of Ravenswood Manor and the river in Albany Park.

I've lived in Albany Park in the past and have written about buyers, listings and the market there from time to time. The eastern part of Albany Park around North Kedzie between West Montrose and West Lawrence had always, to me, a lot of development potential.  Start with the fact there are two CTA Brown Line stops at Kedzie and Kimball.  There is a lot of density with multi-units and the potential for many more housing units along Kedzie.

A long time Starbucks anchors the corner of Wilson and Kezie

Here is a list of five reasons to live in northeast Albany Park I wrote some time ago.  These and many other reasons remain the same.  With developments and designations such as P-Streets, long time business owners investing and the continual push in Chicago north and west for land to develop... this busy and diverse commercial area could see it's next bump in real estate values.

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