Tuesday, March 13, 2018

Uptown single family home sales, median price about $850,000

We viewed a converted two-flat to single family home along North Hermitage in Uptown late last week.
Uptown in Chicago is not typically known for it's single family home sales.  The area is dominated by classic walk-up multi-units and mid-rise buildings.  However, there are pockets of mostly pricey houses.  We regularly spill into the Uptown Community Area when looking for houses in the Lincoln Square and Edgewater areas (Andersonville and Ravenswood neighborhoods especially) as they all blend together east North Ravenswood Aveune.

The eastern lakefront area of Uptown area has a pocket of expensive, distinct homes. North Hermitage from Montrose to Lawrence Avenue (west of North Ashland Ave) is a really cool four block stretch to check out attractive estates.

This recent single family home conversion hit the market in western Uptown near Andersonville for $785,000 (on a long 140' lot but we found it too pricey for the condition and features). 
Only 41 single family homes closed in Uptown Community Area over 2017 with a median price of about $850,000. The highest priced home sale was 830 West Buena Ave, Chicago, IL 60613 for $2,293,333. 830 West Buena is a renovated contemporary compound among a spattering of fantastic homes located in a distinct National Historic District. The least expensive house sold for $475,000 at 1646 West Carmen.  The property was sold as a tear down / land value. 

31 homes sold in 2016 with a median price about $900,000. 
29 homes sold in 2015 with a median price about $795,000.
36 homes sold in 2014 with a median price about $830,000.


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