Friday, February 23, 2018

North Center "River's Edge" home sales by the North Branch of the Chicago River

A river lookout point and trails run along the western border of the North Center neighborhood. All photos Eric Rojas, Broker, Kale Realty
We've been looking for a single family home for our clients in the North Center and Lincoln Square areas.  A couple nice houses came up in the budget in the western portion of North Center between North Western Avenue and the North Branch of the Chicago River. The neighborhood also known as "River's Edge" resides in Coonley Elementary  and Waters school districts (sales area shown below).  The buyer clients were not familiar with this pocket so I had them take a walk on the river trail!

North Center section known as River's Edge along the river. This residential section of North Center enjoys a unique river trail and offers easy access to three large parks.
35 single family homes sold in this section of North Center over 2017.  The median price of a home sale here is $845,000.  Six small multi-unit buildings sold over the same period with prices ranging from $450,000 for a frame two-flat (most likely a tear down for redevelopment) and $950,000 for a renovated three-flat building with large duplex owners unit.

The river path is a nice way to get outside for some peace and quite in the middle of the city. You like the river check out Friends of the Chicago River

This dream house is under construction along the riverbank... wow! It has my required basketball court already too.
This "alley" has the feel of a private country road to select houses.  You can see the large luxury home under contract in the background.
Eleven condo units sold in this section as well over 2017 with a median price of $315,000.  The price and units ranged from a one bedroom at $175,000 to a new construction three bedrooms duplex-down on Western Avenue for $510,000.  The access to parks and Chicago Park District  programs is most desirable for me personally. Many buyers are desperate to get into a house or condo in a highly rated neighborhood school district.

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