Monday, June 26, 2023

Developer looking for $2M record price in Lincoln Square


New construction homes in Lincoln Square north of West Lawrence Avenue continue to break price records. All photos by Eric Rojas, Broker, Kale Realty

The Lincoln Square Community Area could see the highest priced home sold north of West Lawrence Avenue this year. 5115 N Claremont, Chicago IL 60625 is for sale at the nice round number of  $2,174,999.  The high-end developer home sits on an over-sized 39'x133' lot in a desirable school district of Chappell Elementary and Amundsen High Schools. The former two-flat and property at 5115 N Claremont sold for $650,000 before the redevelopment.

Anywhere near that two million closing price will blow away the current record of $1,740,000 at 4945 N Claremont, Chicago IL 60625 (sold in July of 2022).  Lincoln Square north of Lawrence Avenue features the popular areas of Winnemac Park, Bowmanville and Budlong Woods.  The median price of a home in this area is $850,000.  The median price of Lincoln Square homes south of West Lawrence Avenue is about $1,090,000. 

I do not have financial interest in nor represent any of the mentioned listings.  To buy, sell, invest in and around Lincoln Square and surrounding Chicago neighborhoods please reach out to me at !!

No comments: