Friday, December 29, 2017

Robust Lakeview condo sales 2017 (highest sale $1,725,000!)

Our clients bought a duplex condo on 1542 West School Street a couple years back before Whole Foods flagship and new Target were built.  They are loving all the new improvements! (All photos Eric Rojas, Kale Realty)
We worked with several clients buying and selling in the Lakeview community area again this year.  Lakeview is one of the most dynamic condo markets in the city - and dare I say - the country. There is something for everyone! Vintage opulence with lake views, ultra modern studios in full amenity buildings, spacious new construction walk-ups, Wrigleyville crash pads... the style and price-points vary greatly!

Check out my favorite video of the year at our Lakeview condo sale 3743 N Wilton #3!


Lakeview condo sales 2017 (January 1st to December 29th as recorded in MREDLLC.com)
1,932 condos (attached units including town houses) sold in Lakeview this year.  Over the same period in 2016, 1,939 condos sold.  That's pretty amazing consistency.

You can still find great vintage deals in "walk to everything" locations in Lakeview
492 one bedroom condos have closed in 2017 (this is the last day of the year for closings). The median price of a one bedroom sold condo is $205,000.

903 two bedrooms condos sold this year. The median price of a sold two bedrooms condo is $360,000.

500 three bedrooms condos sold this year with a median price jumping to $590,000!

88 four bedrooms (or more) condos sold with a median price of $852,500.

The highest priced Lakeview condo closing is 722 W Melrose St Unit PH, Chicago, IL 60657 $1,725,00.  The new construction four bedrooms penthouse is located in the East Lakview neighborhood near the lake.


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