Friday, November 11, 2016

Forest Glen, Chicago home sales in 2016

Our family owns a good sized brick bungalow in Lincoln Square near Winnemac Park. We love our house, our neighbors and this desirable area in high demand. However, the homes that have tempted me many, many times are in Forest Glen.  Beautiful old homes, scenic blocks, great schools and easy access to the highway and Metra are tough deny when showing homes!

206 Forest Glen Community Area single family homes closed so far in 2016 (January 1st to November 9th). The median price is about $445,000.  219 homes closed over the same period last year with a median price of about $430,000. Looking back to 2012, only 157 houses closed over the same period with a median price of $385,000.

The highest priced sold home is 5888 N Forest Glen Ave, Chicago, Illinois 60646 closed for $1,368,750. The beautiful 1923 "English Style Mansion" exudes class and sits on a 118' X 129' lot.

The lowest priced home to sell is 6090 N Caldwell Ave, Chicago, Illinois 60646 for $105,000. The short-sale raised ranch is on a heavy trafficked stretch. Nevertheless, $100K for a standard lot house in Forest Glen is a good deal. The next lowest sale is $140,000.

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