Thursday, September 30, 2021

Single family home sales in Old Irving Park (Sales record this year!)


There are many original custom built homes in Old Irving Park. In recent years the large lots have been attractive to luxury new construction home buyers moving from the tighter confines of Lincoln Park.

My clients are looking to buy a wide lot home in the Old Irving Park neighborhood of greater Irving Park Community Area. The area offers leafy streets and large lot homes close to two Metra stations and the CTA Blue Line.  Old Irving Park has a slower pace feel with less density and commotion than areas closer to downtown. There is less retail, restaurants and bars I'd consider walkable than alternative Chicago neighborhoods with comparable million dollar homes. The tranquility and easy train commute to downtown more than makes up for it! 

Old Irving Park Single Family Home Sales 2021

Old Irving Park neighborhood 

32 single family homes have closed so far this year (January 1st to September 29th, 2021). The median price of a sold home is about $625,000. Pricing trend has been up for the past five years with the peak median price last year at $670,000 

-Over the same period of 2020, 29 homes sold with an median price of about $670,000.

-2019, 34 homes sold with a median price of about $585,000
-2018, 33 homes sold with a median price of $565,000.
-2017, 41 homes sold with a median price of about $550,000

The highest priced sold home this year is 3713 North Tripp, Chicago IL 60641 for $2,249,000. This may be a record price recorded on the MLS for a resale home! There may be private, "off MLS" sales for higher amounts but I have not scanned recorded deeds.

The lowest priced home sold this year is 3712 North Lowell, Chicago IL 60641 for $320,000. 

Looking for a house? You gotta guy!

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