|Our client lives near one of the coolest restaurant, bar and retail strips in the city. She aims to stay here trading in her condo for a two-flat. All photos Eric Rojas, Broker, Kale Realty|
|No matter how hard you squint (and dream) it's a dump! This grey-stone on the 1700 block of West Winona needs a gut renovation along with expensive exterior maintenance.|
21 Edgewater two-flat buildings have closed over 2018. The median sale price of a two-flat over that time is $600,000. At $600,000 you get a nice conditioned building near the Andersonville strip. We're not talking luxury here. The building will be serviceable with good location. In 2016, 28 two-flat buildings closed with a median price of $605K and in 2014 another 28 two-flat buildings sold with median price of $515,000.
|There is still a good stock of two, three and four-flats in Edgewater. Not every sale is converted to a single family home (buildings on the 1400 block of West Winona).|
Only five two-flats are currently available for sale in Edgewater with a median asking price of $500K (and $500K ain't getting you much).