|Roscoe Village is probably the best known and well defined neighborhood in North Center Community Area of Chicago. The popular Pencil Factory Loft condos are in the background.|
North Center is now known for million dollar single family homes and good schools. However the condo market remains fairly diverse and a draw for many budgets. I think the trend is moving toward larger, more expensive condo developments as aging commercial stock is redeveloped into mixed-use with residential units. Let's take a look at recent North Center condo sales.
51 condos sold in North Center from January 1st to March 5th, 2021. The median price of a sold condo is about $420,000. Over the same period in 2020, 32 condo sold with a median price of $450,000. In 2019, 39 condo units sold with a median price of about $435,000.
The highest priced sold condo this year is 3034 North Clybourn Unit 1. The new construction duplex-down sold for $775,000. The Clybourn corridor of North Center is seeing increased growth and value due to the large Lathrop Homes re-development.
|Luxury condos in development in North Center at 1800 West Berenice|
The lowest sale price this year is 1851 West Belle Plaine Avenue, Unit 1 (two bedrooms, one bath unit) for $245,000. That's not that low for a "lowest price" sale. No one bedroom condos have sold thus far in the year. Only four of the 51 condos sold have closed for less than $300,000.
Contact us to buy and sell North Center and Chicagoland condos.