|All of Lakeview is densely populated and very walkable for most local residents... including my boys! It's no wonder the condo market remains extremely dynamic and popular each year.|
I was back in the Lakeview neighborhood over the weekend with our long time clients. They would like to sell their East Lakeview (east of Halsted) two bedrooms condo they've owned for many years and upgrade to a larger unit. I've sold a few units this year around greater Lakeview and have been following the market closely. Over my many years as a Broker Lakeview demand has always been strong!
|Our clients purchased a loft condo earlier this year at 1733 W Irving Park Road, Unit 314 Chicago IL 60613 for $268,000 in far north Lakeview. This is one of four attached Lakeview units we have listed or represented in 2021. Photo VHT.com via Redfin.com|
Lakeview condo sales (attached units, buildings under 50 units) January 1st to September 21st, 2021
-One beds: 125 one bedroom attached units closed so far this rear with a median price of about $212,000. Only 64 units sold over the same period of 2019.
-Two beds: 638 two bedrooms units closed for a robust median price of $420,000. Only 477 closed same period of 2020 and 436 closed over same period 2019.
-Three beds: 457 three beds units closed with a median price of $616,000. Only 266 sold over the same period 2019.
-Four beds or more: 97 four beds or more attached units sold with a median price of $875,000. Only 57 units sold over the same period 2019.
|We sold a sunny, south facing Southport Corridor condo at 1432 West Roscoe Unit 2, Chicago IL 60657 in Lakeview earlier this year. We received offers after the first weekend on the market.|
Our client purchased this attached, fully renovated fee simple rowhouse at 4103 N Hermitage, Chicago IL 60613 for $620,000 in a multiple offer earlier this year. The closest thing to a single family you can get with an awesome front and back yard... for a fraction of a house price! The peaceful northern Lakeview location is surrounded by million dollar homes.
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