True downtown views from the full rooftop deck at 1438 North Wieland Street in Old Town. Available March 1st 2011 (or possibly earlier). Asking $5,500 /month.
Four bedrooms, four and one-half baths, two family rooms, garage parking space plus one outdoor parking space, private elevator, private roof deck...huge.
Please contact me for more information and for a viewing. Great flexible space. Tony address for your lifestyle of dining, entertaining and "must have" proximity to donwtown.
* Of the 24 closed homes 3 were over one million dollars... however, 16 homes are currently under contract over a million ranging from $1,024,900 to $1,895,000.
In 2009, there were 7 total closed homes in Northcenter over one million. I think 2010 will beat that by the end of the year.
From our view, we saw an increased amount of "tear-down" homes and homes needing gut rehabs being bought up. The several distressed property sales dropped really low and many old homes were simply able to sell at attractive prices. At the same time, we should see an increase in million dollar homes sold as interest rates were favorable this year and the high-end came down to earth a bit.
* The median price is UP. Closed single family homes thus far in 4th quarter 2010 have a median price of $788,500. The lowest home selling for $200,000 and the highest thus far $1,500,000. Median price for 2009 was $762,500 so we'll likely stay above that for the year.
If you need the straight talk about selling or buying a home in this market please call or email us. We will come up with a plan based on your goals, local statistics and our anecdotal experience selling and buying homes. We don't mess around.
Read more of our posts about local Chicago home sales HERE
Data pulled and analyzed by us from MREDLLC.com, our member multiple listing service.
I spotted the Tyvek wrap a block away on the 1900 block of West Belle Plaine this weekend. The large frame new construction is absent the "green" marketing we have seen on many north side single family home developments. It looks like they'll have some nice exposure on the west side of the lot.
The median price of a closed Northcenter single family home in the last 12 months is $750,000. This will certainly be at the very high pricing for the area between the CTA Irving Brown Line stop and Montrose stop and between Damen and Ashland. In the past year these boundaries have had only two closed homes. 4357 N Wolcott, and three beds, one and one half baths home on a great 30x157 lot for $537,500 and a tear down at 1828 W Cuyler for $276,500 (which was tore down and new house is going up now).
However, the year prior (2009) had much more action with a beautiful home I viewed at 4247 N Winchester for closing for $1,497,000. My guess is the new construction home above (if being sold at retail and not a custom home for an owner) will need to be offered no more than $1,200,000. The permits for home call for a three car garage... that would be great. An impressive masonry home a few doors down at 1912 W Belle Plaine closed at $1,350,000 as a short sale in June 2009.
Read about other new construction in the area here!
Here's a few photos of last weekend's Christkindl Market and shopping in Lincoln Square. You may have missed the tent party, but Lincoln Square still has one of the more festive shopping strips on the North Side for the holidays. Not to mention a million places to grab good food and drinks!
One of the most interesting take-a-ways from this deal is despite the over-all "lagging" commercial market noted in the Journal, the story suggests players are willing to pay top dollar for proven location (be it for branding or for leasing). Google had real business, and possibly emotional, reasons for this purchase.
When buying or selling residential real estate in Chicago, buyers and sellers are making very specific decisions based on monetary investment, location, emotion and timing. So, regardless if the national or city-wide market looks up or down, your residential property value is a moving target. The players involved will determine value as much as the the raw comparable market data. Especially if the player is Google.
Bagel on Damen is the new food thing in the Ravenswood neighborhood of Lincoln Square. They have a powerful proposition... a bagel joint on the CTA Brown Line (literally), creative menu and beer. The Ravenswood area is a craft beer kind-a- town so the six pack mix selections offered (not to mention Bloody Marys) will cater to the local.
I think they will do pretty well as there was not a quality, quick "hand food" option around the Damen Brown Line other than Quiznos.
Andersonville: Head north to the Swedish American Museum for Julmarknad
Lincoln Park: This month ZooLights... need we say more?
Bucktown: Two days of Bucktown Holiday Art Show and class up your home (or friend's home) with some original art!
North Side: Take your pick from the Local Tourist blog Hanukkah Events!
I always stop and admire this single family home at 2178 W Leland. It looks right back at the steady stream of walkers heading to the shops of Lincoln Square. It sits uniquely on the lot; close to the sidewalk, yet it has attractive front and side yard landscaping. The composition of renovations, from color, brick, fencing and landscaping keep the eye moving.
At some point, an underground garage with side drive was added. Cool. A coach house- like multi-unit property with a separate address sits just to the rear. I have not investigated to see if it's still all under one owner or long ago sold separately.
It's all about the details!
weekend!