Saturday, February 13, 2021

Current South Loop townhouse sales

I was in South Loop yesterday showing townhouses. Weather felt nice!

Seven town houses have closed this year from January 1st to February 12th with a median price of $750,000

✔29 town homes are actively listed with median asking $710,000
✔Only 14 are fee simple with assessment under $300.00 per month
✔12 town homes under contract w/ median asking price $650,000

86 town homes closed in South Loop in 2020 with a median price of $640,000. That median price was up 16% since 2015 where 88 town homes sold with a median price of $550,000. The town house style of living is in high demand due to the "single family home" feeling and lower assessments than the surrounding condo buildings.

Contact us to find or sell in the Chicago Loop, North Side or near suburbs.

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