|2 East Erie, Chicago IL 60611 in River North. Photos Bob DePalma, Broker, Kale Realty|
|Old spots, new trends and icons within every direction of 2 East Erie|
Unit sales in 2013 = 222-Studio units sold with average price $205K
Unit sales in 2014 = 28 (up 27%)4-Studios aver price $184K (although the lowest sale was $131,000 while the three others averaged $205,000)
12-1Bed/1Ba ave price $311K
The largest price jump is average price of a one bed unit up 18%. All of that does depend on finish level, floor, parking spot, view etc. However, it appears buyers were paying more for a one bedroom units in 2014 than then they were in 2013.2 Beds/2Baths average price was up only 3% and the other style units dropped a little.
|There are many high-rise buildings with one bedroom homes in River North. However, once you factor building amenities, age, location price and assessments it gets easier to narrow down the good choices in budget.|