Showing posts with label Bloomingdale Trail. Show all posts
Showing posts with label Bloomingdale Trail. Show all posts

Tuesday, January 23, 2018

Logan Square single family home sales near "The 606", median price up 76% since 2012

A bike commuter enjoys a snow cleared ride east bound on The 606 last Friday morning (all photos Eric Rojas, Broker, Kale Realty)
We have an upcoming Logan Square single family home listing just one door over from "The 606",  AKA Bloomingdale Trail. The Logan Square portion of the trail is surrounded by old and new cool spots to eat and drink. The housing stock is diverse with original frame and brick workers cottages mixed in with new construction houses and condos. Relatively affordable apartments and condos offered to the market remain but are becoming more elusive.

Here's a quick video of the Bloomingdale Trail  near our listing I took last Friday morning.



Many blocks remain majority older structures while new construction is in high demand. Developers are knocking doors everyday to acquire land to build.  More condo units and apartments are in fact being built on the arterial streets of Armitage and Milwaukee Avenues bringing more likely trail users and diners to the neighborhood.


A modern new build nestled between original workers cottages along The 606 in Logan Square.
I looked at sales a couple blocks north or south along The 606 (and west of Western) to help our client price their single family home for the market.
Logan Square home sales near "The 606" Bloomingdale Trail
About 48 single family homes sold within two blocks north or south of the Bloomingdale Trail in the Logan Square Community area in all of 2017.  The median price of those sold homes over 2017 was $697,500.

The highest sale by far was 2436 W Bloomingdale, Chicago IL 60647 for $2,390,000. The custom double lot modern loft home near the Bucktown neighborhood lives like a modern high-end art gallery.  The lowest single family home sale over 2017 was 1838 N Spaulding for $335,000.  The small brick split-level was in nice shape. However, due to the great demand in the area the home has been renovated and back on the market for $524,500!

Times have changed! Just five years ago and prior to the The 606 the market and prices were much different. In 2012 we were about to start climbing out of the 2008 financial meltdown. 31 single family homes closed in the same sales area with a median price of about $395,000. You could buy just about anything in Logan Square during 2011-2012 years and have big equity today.

Please contact us to find off-market, pre-MLS and newly listed homes or to sell your property this year.

Thursday, August 27, 2015

Sold! Buyers close Logan Square single family home near hot 606, BloomingdaleTrail (and chickens!) for $760,000


Our clients closed 2026 N Albany, Chicago IL 60647 this month. The house was purchased for $760,000 in a multiple offer situation. Photos Eric Rojas, Broker, Kale Realty
Congratulations to our buyer clients who just closed a newer construction single family home along the new 606 and about 3 blocks from the Bloomingdale Trail in Logan Square.  The house sits on  a long over-sized lot... great for their dog and pets!


It's no secret Logan Square has gone through a massive development with parks, infrastructure, the hottest indie restaurant and bar scene in the city and new construction homes. 100s of new attached units and houses are in development. The residents enjoy parks, urban amenities, good transportation and proximity to downtown.

New construction row houses near completion down the block at North Albany and West Armitage.

Chickens across the street on North Albany.  We never confirmed if there was a rooster but I suppose our buyers will know soon enough!
Despite the fast changes there still remains a large stock of original frame and brick homes at various price points.  Chickens not necessarily included. We loved working with our West Coast transplant clients on finding their new home.