Meet the Developer: Ravenswood area developer to discuss plans for 4800 block of North Damen

Special Update! Damen Avenue developer to meet neighbors Tuesday August 7th

Candea Development, the developer of vacant lots at 4845 N Damen, will address our next Winnemac Park Neighbors meeting Tuesday August 7th at 6:30 PM, Dolce Casa Cafe 4947 N Damen Chicago.

Vacant lots to be developed on 4800 block of N Damen: Photo Eric Rojas, Real Estate Broker

View the recent plans and documents submitted to the 47th Ward Service Office

Learn more about the project and future plans in our coffee house setting. We thank local neighbor and developer Alan Candea for making himself available in these early stages!

*Also on Tuesday, general updates on local schools and Winnemac Park initiatives.

*Invite pending for 47th Ward Service Office officials to update the many nearby infrastructure and development projects.

*The Lincoln Square Chamber will be moved to a meeting in September...we are looking for a date good for everyone.  We will be taking the pulse of business on Damen Avenue.



 Volunteers from Winnemac Park Neighbors will keep the meeting on topic and moving forward to respect every one's time.  These meetings are purely informational.  Topics and agendas are created from neighbor and local official inquiries.  If you have a meeting topic or item you feel the Winnemac Park community would be interested in, please email info@winnemac.org

 

 

 Read my past post on this development HERE

Trumped

Photo Eric Rojas, Real Estate Broker

A construction crane muscles a little attention from heavyweights Tribune and Trump towers.

Stop and look

Photo Eric Rojas, Real Estate Broker

Busy with closings this week downtown but we always have time to take in the scene.  Today Chagall's "Four Seasons" at Dearborn and Monroe.

Eric Rojas, Kale Realty quoted on Oak Park improving single family home market

Lacey Sikora interviewed me for a story on the Oak Park single family home market.   
Read the story here at OakPark.com. They contacted me after some posts I did on sales trends for Oak Park we've been seeing this year.  Read our Oak Park posts here

Photo Eric Rojas, Real Estate Broker

Bob and I represent buyers looking to purchase in Oak Park.

Children's Memorial Hospital Development Meeting in Lincoln Park (and live streaming!)

CHM Redevelopment Town Hall Meeting and live streaming 
Thursday July 26th, 6PM to 8PM
WHERE:The DePaul Student Center, Rm 1202250 N. Sheffield

Photo Bob DePalma, Real Estate Broker

As you may know, Children's Memorial Hospital moved out of it's Lincoln Park campus last month in June to it's brand new Streeterville location - and changed its name to Ann and Robert H. Lurie Children's Hospital of Chicago. The main campus and several properties of Children's Memorial Hospital is being redeveloped.

Alderman Michele Smith in the 43rd Ward (Lincoln Park) is sponsoring a series of community meetings with the Children's Memorial Hospital site developer, this one with live streaming so you may watch at home.  This is a huge property in a fantastic east Lincoln Park location. 

Children's has meant the world to the neighborhood for so many years.  Not only is development sensitive in any strong community but the emotional ties, economic impact and everyday buzz that was Children's in the Lincoln Park community will make consensus of redevelopment plans difficult.

Lincoln Park town house sales up 42%

There are a lot of town house style developments in Lincoln Park.  It's a popular way to live in one of the more desirable urban areas in the country. In a town house style home you have no neighbors above or below you (just attached on at least one side). Often times town houses will afford you that city dweller coveted "outdoor space" in the form of a roof deck, fenced grassy yard or patio. Many have attached garages (rare even for single family homes in the city). Bob and I often sell and buy town houses with our clients in Lincoln Park and like to keep tabs on the market.

Watch the video of one of our favorite town house sales in Lincoln Park, under contract in only a couple days and sold for $437,500.


According to MLS closing data we track, 109 town houses have sold in Lincoln Park in 2012 thus far (January 1st to July 23rd).  That's way up 42%  from 77 units sold during the same period in 2011. 

The Highs
The highest priced town house closing so far this year is 805 W Belden for $1,225,000.  The 4 bedrooms town house also features a large family room, a 2.5 car garage and large roof level deck.
Two town houses sold for over $1 million and two sold over $900,000.

The Lows
The lowest priced town house sale in Lincoln Park was the deal of the year in my opinion.  646 W Belden Unit D sold for $285,000.  The small town house offers two bedrooms up, a main floor kitchen and living room combo and a lower level family room (or flex room). Sublime location in great condition...with parking included! Great buy.

If you are looking for Lincoln Park town homes from the low-end to the higher-end, with outdoor space or garage, in Oscar Meyer or Lincoln Park school... Bob and I will help you find value.

Block Party

Winona Street in Ravenswood

North Center, Lincoln Square single family home inventory tight

A block of West Warner in North Center (photo Eric Rojas)

The North Center community area of Chicago continues to be one of the more popular neighborhoods in the city for single family home buyers.  There are almost as many homes under contract as offered for sale.  At the moment, 63 homes are offered for sale while 47 homes are under contract.  Only 6 of the homes offered are priced under $500,000. 4 of those houses are small bungalows located west of Western Avenue and in need of full renovation or tear down (as are several of the homes over $500K).

In Lincoln Square, the community area just north of North Center, 28 single family homes are offered for sale while 21 homes are currently under contract.  Of the listed homes, 7 are offered under $500,000.

Lincoln Square Farmers Market at Leland and Lincoln (photo Eric Rojas)

Our clients know how quick you have to be to buy a good value in this market.  Most homes for sale  that our clients are interested in have multiple offers.  We win some and lose some...and often don't have a chance to play!

More North Center posts HERE

More Lincoln Square HERE

All closed and active listings analyzed from MREDLLC.com by Eric Rojas, Real Estate Broker.

High rise hospital

Picking up my wife at the new Ann and Robert H. Lurie Children's Hospital of Chicago  (we still call it Children's Memorial).

Beach combing

The beach at Milton Lee Olive Park