Thursday, July 02, 2015

Indiscreetly modern: Five new houses make splash in west Lincoln Park

Five new modern design houses are being built on the 1400 block of West Altgeld in the northwestern portion of Lincoln Park.  RD Precision is the builder, marketed by Sergio and Banks. All photos Eric Rojas, Broker, Kale Realty
I took a few pictures of this modern single family home development in western Lincoln Park a week or so back.  It's typical to have a modern home mixed into a block here or there in the western part of Lincoln Park. It's very rare to see five modern homes built together... or even to see any five new single homes built contiguously on any traditional residential block on the North Side.

One of the homes, 1448 W Altgeld Chicago, IL 60614 is under contract with an asking price of $1,799,900 according to the MLS.  Another house in the development 1452 W Altgeld is listed for just under $2 million. 

The hit parade continues for new construction houses in Lincoln Park with seemly endless buyer demand. Additionally, other re-sale homes on the same 1400 block of Altgeld are under contract with asking prices from $1,098,000 to $1.5 million. 4 pending sales on the block with more to come. That's a lot of change for the block club!

This stately brick house on the 1400 block of West Altgeld is more typical for this area of Lincoln Park.
Lincoln Park houses sales over-all to date

A quick look at MLS numbers shows about 88 single family home closings from January 1st to July 1st of 2015.  The median price for a house is just over $1.6 million.

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