Tuesday, November 22, 2016

More original Lincoln Park homes torn down to build new

A demo permit was issued yesterday for this attractive brick and masonry home at 2042 N Fremont in one of the more expensive enclaves of Lincoln Park. The property is already listed on the MLS as a design and build project for $3,599,000. Photo Cook County Assessors office via ChicagoCityscape.com.
I took notice this week of a couple more recent demo permits in East Lincoln Park.  The buildings happened to grab my attention due to our dealings near by. They are the types of original buildings I'd love to see stick around in the neighborhoods.  I post these tear downs from time to time to point out market activity and prices around some of the neighborhoods we do business.

726 W Diversey was sold in June for $975,000 and will be torn down to erect a new 3 story residential building. The East Lincoln Park units will be in high demand in this highly desirable, walk-able location near the lakefront. A three beds, two baths newer construction condo next door at 725 W Diversey Pkwy Unit 4W, Chicago, 60614 recently sold for $680,000.

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