Let's take a look at two bedroom, one bath condo sales in Lincoln Park 2016
80 two beds, one baths condos sold over-all in 2016. The median price of was $323,000. Wow, compare that with 362 two beds, two baths units with a median price of $436,000. That extra bathroom will cost you!
The highest two bedrooms, one bath sale in 2016 was 2003 N Howe Street #3N for $526,000. The renovated vintage unit does have an outstanding kitchen but no designated parking included. The lowest sale in 2016 was 619 W Drummond Place for $210,000. The garden unit had standard gut renovation finish level but no in-unit laundry, outdoor space nor parking.
53 of those sold units included some form of parking (designated or easily rented). The median for these is still about the same at $327,000.
|Give up a 2nd bathroom and get a better location!|
2014, 102 units closed with a median price of $315,000.
2013, 78 units closed with a median price of $298,000.
Median price is up about $25,000 since 2013.