Sunday, January 25, 2015

Under Contract! Buyer client deals on Wicker Park/ Noble Square new construction condo

We represented a client on the purchase of 1113 N Ashland #3, Chicago IL 60622 this week (offered at $699,900 by Related Realty brokerage).  The modern new construction "duplex up" sits just off Wicker Park's Division Street in the Noble Square neighborhood just steps to the CTA Blue Line.  The outstanding feature of the home is the private 1,100 sq/ft deck. Ridiculous!


The West Town greater area leads the city in modern new construction condos. 1113 N Ashland shown here offers front and back units with clean modern interiors.

Neighboring Wicker Park has been explosive over the last few years.  This has rubbed off on the Noble Square neighborhood where condo sales are up 33% year to year.  139 attached condo units (including town houses) closed in 2014 with a median price of about $395,000 in Noble Square.  That's up from 104 units sold and a median of $385,000 in 2013.  Only 62 attached condo units sold in 2011!

139 units sold with a median price of $395,000 in 2014
104 units sold with a median price of $385,000 in 2013
112 units sold with a median price of $346,000 in 2012
62  units sold with a median price of $326,000 in 2011
81  units sold with a median price of $352,000 in 2010
85  units sold with a median price of $355,000 in 2009

Noble Square neighborhood is part of West Town Community Area. Image Google Maps and YoChicago.com
The contract is now in attorney review and inspection period.  Please call us to buy, sell or rent West Town area homes.

No comments: