Wednesday, September 21, 2016

New Horner Park play-lot opening soon, home prices UP nearby

Looking north at the new play lot equipment at Horner Park.  The field house is in background. (All photos Eric Rojas, Broker, Kale Realty)
I took a few photos last week of the large new play-lot construction at Horner Park. The renovation is part of the Chicago Plays! Program.  Completion for the new play-lot is slated for 2017 but it looks ahead of schedule.

Horner Park area real estate
About 21 single family homes have closed in the neighborhood immediately to the west of Horner Park over the last 12 months.  In median price of a sold home is the last 12 months is $665,000.
Horner Park sales area

In 2015, 20 houses sold in this area for a median price of $515,000.
In 2014, 19 homes closed for a median price of $450,000.

*2012 is where we see the upturn in most North Side neighborhoods. It marked the time where homes were getting bought up and developed again after the 2008 mortgage and financial market crash.  19 homes sold that year with a median price of only $225,000 in the Horner Park sales area (the median priced homes were mostly tear downs)*


The Horner Park field house with gyms and workshops.

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