Tuesday, October 24, 2023

Will $950K be a record condo price on North Western Avenue in Lincoln Square?

San Soo Gab San is getting new neighbors! The highest priced condo in the building is listed near $950,000. All photos  Eric Rojas, Broker, Kale Realty

Last week I promised to check-in on some of the larger condo developments around Lincoln Square. So, here's one! "The Ash" 18 unit new construction condo building sits facing west on North Western Avenue at West Farragut in the Bowmanville neighborhood of Lincoln Square. Western Avenue is a busy four lane arterial street where home buyers typically get a "discount" for the traffic noise.  The Ash development website lists Unit 401 asking $947,625.  If sold at almost $950,000  the condo will by far be a record price for North Western Avenue in Lincoln Square.

Hopefully no ash trees were harmed in the making of The Ash 😀 The building resides on the former Byline Bank branch at 5235 N Western Ave.  The official address of the development is 2354 W Farragut (the south side of the building fronts Farragut).  TECHNICALLY any condo sold in this development will be attributed to the residential block of Farragut... but we know better.

Looking northeast at the The Ash condo development.  West Farragut Avenue is shown to the south (right) of the building. 

Several developments along Western Avenue have grabbed the the side-street address making it a little deceiving. From my experience we've not surpassed $900K along Western Ave. The highest priced sold condo I found on Western Avenue in Lincoln Square is 5042 N Western Avenue Unit 1 for $849,900. The new construction four bedrooms "duplex-down" closed in April of 2022.

If you are interested buying new construction condos (or other properties) on the North Side of Chicago and around the city please reach out erojas@kalerealty.com  We'll be happy to answer questions and represent you!

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