Eric Rojas, Chicago Real Estate Broker

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Thursday, August 18, 2016

Home and condo sales in Alcott School district, Lincoln Park

The new play-lot at Alcott School 2625 N Orchard Street in Lincoln Park
We've been in Lincoln Park this week prepping another listing in Alcott School district.  The four beds, three baths duplex-up condo sits right across from the desirable public school in a fantastic location.  Here's a look at single family home and condo sales in Alcott School district boundaries.


Alcott School district single family home sales January 1st to August 12th, 2016

12 homes have sold in Alcott School district boundaries this year with a median price of $2,000,000.  Only seven homes sold over the same period in 2015 with a median price of about $1.5 million. Compare those numbers to four years ago in 2012 when only five homes sold with a median price at about $1,050,000.

  • The highest priced sold home is 626 W Arlington Pl , Chicago, Illinois 60614 for $2,675,000.  The vintage brick Victorian built in 1880 with updated interior sits on a 50'x174' lot... wow!
  • The lowest price sold house in Alcott is 2715 N Mildred Ave, Chicago, Illinois 60614 for $775,000.  The move-in condition home near the CTA Diversey Brown Line stop was marketed as a "tear-down/ renovation opportunity".  Welcome to Lincoln Park.


 Alcott School district condo (attached units) sales January 1st to August 12th, 2016
65 attached condo units sold thus far with a median price of $585,000. Compare that with just four years ago in 2012 when 37 condo units sold for a median price of only $435,000 in Alcott School district.

  • The highest priced sold unit is  2600 N Lakeview Ave Unit 8B, Chicago, Illinois 60614 for $1,525,000.  The four beds high rise unit on the lakefront weighs in at 3500 sq/ft.
  • The lowest priced sold unit is 555 W Arlington Pl Unit 507, Chicago, Illinois 60614 for $110,000.  The studio unit makes for a great "in town" or cheap city living for the urban devotee in a top location.

 

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