WHATS POPPIN? 2021 Lincoln Park condo sales up 51%

 

East Lincoln Park high rise condo buildings overlooking the lakefront (all photos Eric Rojas, Broker, Kale Realty)

We're working with first time buyers in Lincoln Park. Each spring we're inevitably on the hunt in this prime Chicago neighborhood. The buyer competition has been fierce over the past nine months! 2021 has started off with monster sales.

197 condos (attached units and town houses) have closed from January 1st to March 5th in Lincoln Park. That's up 51% over the same period 2020.  The median price of an attached condo is about $520,000. 

130 units sold over the same period in 2020 and 124 units sold over the same period of 2019. This is a huge spike in 2021!

The closer you are to Pequod's the more expensive the condo!

361 attached condo units are currently available for sale with a median asking price of $505,000. A whopping 298 condos are currently under contract. The highest priced condo under contract is 2350 N Orchard Unit 604 asking $3,500,000 (parking sold separately starting at $60,000).