|Two new construction condo buildings are under development at Orleans and Schiller in the Old Town neighborhood. All photos Eric Rojas, Broker, Kale Realty.|
|The lot has been cleared at 1400 N Orleans at West Schiller|
|I took photos of the closed down Noble Horse Theater and Stables in 2014 when there was little hope of saving the property.|
|Carriages for downtown rides were still stored on the property.|
|The Old Town towers will afford unobstructed downtown views from many of the units.|
2017 Old Town condo sales
204 condos (attached units and town houses) closed in the Old Town footprint (North to Division and LaSalle to Larrabee ) with a median price of about $455,000. If you exclude high-rise buildings (buildings over 50 units) the median price is $525,000.
The highest attached condo unit sale in 2017 was 1418 N LaSalle Street Unit B, Chicago IL 60610 sold for $1,330,000.
Back in 2012 as things started to get cooking again 168 units closed for a median price of $315,000. 82 non-high-rise units closed for a median sales price of $390,000.