Under Contract! First time buyer snaps up well priced, spacious Edgewater condo

5959 N Greenview #2 is located at the pretty corner of Greenview and Elmdale.

A recent client was done with renting and wanted an affordable space "she could actually paint".  Look no more! Our target locations were the Edgewater area and Rogers Park by the lake for under $250,000.

The building is located across from an attractive tot-lot and adjacent to both the inspiring Senn campus and great Park District soccer park bordered by Thorndale and Ridge.  Lots of active people action!

5959 N Greenview is listed at $209,000 and falls in the western section of Edgewater Community Area.  The condo features 2 beds, one bath, a true dining room, wide floor-plan with large entertaining space, a deck off the kitchen, laundry facility, storage and radiant heat.

The contract is currently in attorney review.  We look forward to a smooth transaction and closing for our first time buyer!

PHOTO UPDATE: Lycée Français de Chicago construction in Lincoln Square

 All photos Eric Rojas, Broker, Kale Realty

It's no surprise that the high-end home construction has attracted high-end school options for the Lincoln Square/ Ravenswood area.  Construction for the new permanent home of Lycée Français de Chicago is well under way near the West Wilson and North Damen intersection.  I stopped by late last week for a few photos. Read more info about the school with Patty Wetli at DNAInfo.com

The new development construction site sits on the former, and infamous, Ravenswood Hospital land.  The new school is a grand slam for the area in my opinion.  A wave of recent infrastructure and service improvements in Lincoln Square and Ravenswood are assuring a desirable and vibrant community for many, many years.  The school expects to be up and running in fall 2015.

All photos Eric Rojas, Broker, Kale Realty

PHOTOS: Prentice Hospital demoliton update

Looking northeast at the former Prentice Hospital. All Photos Eric Rojas, Broker, Kale Realty

I was in Streeterville Thursday for some business and took some shots of the Prentice Hospital demolition progress.

Photos Eric Rojas, Broker, Kale Realty

Check out past stories and links on the Prentice Hospital saga at Curbed Chicago

Construction at former Lincoln Square fruit stand?

The former Martinez Produce at 5131 N Western Ave. All photos Eric Rojas, Real Estate Broker, Kale Realty

There's been a little action at the bombed out "Red X" building at the corner of North Western and West Winona in Lincoln Square Community Area.  The property straddles the desirable sub-neighborhoods of Ravenswood and Bowmanville. A green windscreen fence was placed around the former Martizez Produce building at 5131 N Western Ave.

Construction permits hang on the fences dated from January this year.  The work calls for "Commercial Office Space Addition per Arch Plans".  Addition?

 

 

I've been meaning to call the 40th Ward Alderman's office to see what's in store for the property.  This space was not subject to any community meetings .  It's been vacant for years and I was hoping for a new apartment building.  New apartments are in good demand in the Lincoln Square community area and I like the density for local business.

Single family homes and condos have done very well near this corner of Western and Lawrence.  Median house price is about $600,000 within a couple blocks radius.  However, there are far too many vacant and unattractive commercial spaces near Western and Lawrence.  This commercial area needs some type of anchor and identity to match the success of the residential community.

Lincoln Square condo unit sales down, asking prices up

I evaluated a potential new Lincoln Square condo listing last week.  We price homes based on the specific unit and the goals of the seller.  However, here's an overview of general Lincoln Square condo sales activity so far this year.  Like many areas on the north side inventory is lower and asking prices are up.

New construction made the scene in Lincoln Square this year (ALL Photos Eric Rojas, Broker, Kale Realty)

Lincoln Square condo sales January 1st to June 11th, 2014
98 condos (including attached town houses) have closed this year Jan 1st through June 11th.  The median price of a condo is $225,000.  129 condos closed over the same period in 2013 with a median price about $230,000.

The condo market has been good for Lincoln Square sellers.  Buyers have seen new construction make it's biggest showing in many years.  Several multi-unit higher-end condo buildings have either been completed this year or have current pending units under contract while under construction.

East of Western Avenue
A common request we get from Lincoln Square buyer clients is "I want a condo east of Western Avenue".  These tend to be closer to downtown and feature locations with lots of amenities/ entertainment.  33 units closed east of Western Avenue over this period with  median price of $227,000.  The highest sale was $605,000.

The price jumps for three bedroom condos east of Western Avenue.  The median price is $429,000.

Out and about in "the Square"!

Lincoln Square closed units same period  2009-2013
129 closed units in 2013
114 closed units in 2012
111 closed units in 2011
136 closed units in 2010
90 closed units in 2009


Under Contract, Available
As we speak there are 109 attached condos under contract.  The median asking price of under contract homes is $315,000.  100 condos are actively listed for sale. 

Call us to buy or sell your next Lincoln Square condo!  

Market stats gathered gathered from MREDLLC.com... evaluation and opinion Eric Rojas!

Lone Divvy

Only one bike left today at the Wrightwood and Racine Divvy bike station in Lincoln Park. 

UPDATE:  Now there are none and this empty Miller Lite can.  Don't drink and ride Lincoln Park. 

Yo Joe's on Addison can be yours!

Bob wondering why he works with me... (Photo Eric Rojas, Broker, Kale Realty)

The Yo Joe's property and business located in the Dunning community area at the corner of Addison and Narragansett has been up for sale since 2009.  According to the MLS listing they are now asking $349,000 for the whole kit and kaboodle.

We grabbed a couple burgers and fries coming back from some business in the Austin/ Galewood neighborhood.  The place needs new life... quick.

Listed by ERA Realife Realtors

FOR SALE, not on MLS: Spacious East Lakeview TOP FLOOR condo with 2 car parking $599,000

416 W Briar #3 offered at $599,000.  This is an extra wide, large condo in prime location.  Bright space among the tree tops in an attractive boutique vintage building.

Front terrace off living room

3 bedrooms, 2 full baths
2 car parking pad (deeded)
Approximately 2300 sq/feet
Central heat and air conditioning
Extra storage locker in basement
Large front terrace
 Family room
Sun room
Master bath
In unit washer/dryer
Assessment apprx $467.00
Taxes (including parking, 3 total PINS) apprx $10,000
FLOOR PLAN available soon
Building has 3 guest parking spots
Boutique 4 unit building
Fantastic near lakefront location
Nettelhorst School

Move-in condition, however master bath needs gut renovation. Paint the home and live comfortable "as is" or renovate to more luxury standards.  Space and location are fantastic. Master bedroom, master bath and 2nd bedroom not pictured.

Top floor unit!

 

Huge, gallery foyer and hallway

Family room or dining room

Family room or dining room

Large 3rd bedroom

Second bath

Updated kitchen with large island

 

Large sun room

Contact Eric Rojas, Vice President/ Broker at Kale Realty for showings at 773-510-1597 or erojas@kalerealty.com 

 *PRE-APPROVED or proof of funds required prior to any showing appointment to be considered.  No exceptions. Please, serious inquiries only that are familiar with the area prices and vintage buildings.*



Kale Realty
548 W Roosevelt Road
Chicago IL 60607

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Looking at condos from Andersonville to Rogers Park

A beautiful block on West Pratt adjacent to the lake in East Rodgers Park

I spent sunny Sunday morning showing condos in the northern Uptown area near Andersonville, in Edgewater and in Rogers Park to a fun buyer client.  There are now several quality choices with at least two beds, outdoor space and near lake locations for under $250,000.  Ability to park a car somewhere close and well run condo associations are important considerations.

Our client expected to fall in love with a quintessential vintage walk-up but this incredible loft space may change everything.

We worked our way north starting at 1355 West Argyle near Andersonville. We then headed to Lakewood Balmoral for a gorgeous one bedroom home.  Rogers Park offered options for a larger, budget friendly unit further west of the lake and the most desirable home we saw near the lake... for a price.

Having the beach at the end of the block may prove to be most alluring.

We help find new properties quickly and figure out the best values in healthy buildings. Don't learn the hard way!

Andersonville's Esquire Barber Shop coming to Lincoln Square too

Bob and I discovered Esquire Barber Shop in Andersonville over a year ago.  Great story by DNAinfo on the newest Lincoln Square location to open soon at Lawrence and Western. Now I can go to both locations!

Esquire Barber Shop in Andersonville

 Congratulations Aaron!