North Damen Avenue a new retail, condo destination in Lincoln Square, Ravenswood

Alapash and neighbors on the new Damen  (Photo Eric Rojas, Broker, Kale Realty)

Shiny new condo buildings and retail line the 4800 block of North Damen in Lincoln Square. The "Ravenswood" neighborhood has been a nice, if not sleepy, place to live for many, many years for natives. But the recent spat of development and infrastructure improvements around North Damen and West Lawrence has made this particular location highly desirable to city newbies as well as long time Chicagoans.

Alapash and District have moved their attractive home goods stores to Damen. One Key Yoga
Groundswell Coffee Roaster and the greatly anticipated Ampersand Wine Bar all inhabit the smart street front spaces. Long time retail has been anchored by the CVS (in a nice condo building) on Lawrence and Damen.  Private offices, Mee Dee Thai Cafe and local hair salons fill out the stretch I've lived near for almost 15 years.

Condo Sales on 4800 N Damen
The block is full of mostly newer build condos, mixed use commercial and a few existing residential two flats. There have been 22 closed condo units on the 4800 block of North Damen over the past 12 months.  The median price of a condo on this stretch is a hefty $499,000 (typically a three bedrooms home with garage parking). The price reflects the new construction that has hit the market and sold over the last 12 months. A 3 bedrooms new construction duplex down at 4836 N Damen recently closed for $730,000.

Newer construction condo buildings line the block across the street from the new mixed use condo/ retail development.

The area has just began to explode really.  The catalyst was the Ravenswood Station development on the Sears property at West Lawrence and North Ravenswood.  A new super popular Mariano's grocer and packed LA Fitness anchor retail and a 150 unit rental apartment development brought needed density to support business.  I look forward to more apartment units to be added along Lawrence, Damen, Ashland and Western alike.

People make the neighborhood vibrant.

Lincoln Square condo sales now and then

Lincoln Square condo sales really slowed after the 2008 market crash.  Let's take a look at the numbers this year... and back then.

The fountain in Giddings Plaza at this year's Apple Fest

Lincoln Square condo sales January 1st to October 24th 2012

226 condos have sold to date this year.  That's up slightly over the 215 closed during the same period last year.  61 of those sold were under $100,000 and mostly located in the northwest region of Lincoln Square.  This is where dozens of ill fated condo conversion  buildings have been selling short-sale and foreclosure units. The vast majority of the lower end sales under $100,000 required cash.

2012 median price is about $200,000.
2011 median price was about $200,000 as well.


On the high-end this year 2000 W Berwyn #402 sold for $510,000.  The newer construction 3 beds, 3 baths penthouse with elevator and garage parking features terrific roof-deck outdoor space. A townhouse I've always liked at 5115 N Damen Unit A sold for $505,000.  It has a great top floor family room that opens to a roof deck.

57 units in 2012 have sold for $300,000 or above.
51 units in 2011 sold for $300,000 or above during the same period.

Welles Park playlot (Photo Eric Rojas)

Lincoln Square Total Condo Sales 2007-2011

It is still hard for many people to comprehend the wild drop in condo unit prices and unit sales from before the 2008 financial market crash until now. 

Take into consideration that in 2007, 540 condo units were sold.  None were sold under $100,000 and 227 units were sold over $300,000 (contrast that with the 57 units sold over $300,000 this year so far with only a couple months left). 

2007: 540 units sold, median price $280,000
2008: 395 units sold, median price $305,000
2009: 273 units sold, median price $256,000
2010: 278 units sold, median price $227,500
2011: 254 units sold, median price $200,000

Although condo sales and prices have looked stronger this year in neighborhoods like Lakeview and Lincoln Park, Lincoln Square may remain flat for another year possibly dead on with last year's sales and median price.

More Lincoln Square Posts HERE

Local developer buys vacant lots in Ravenswood, plans luxury condos

 Lincoln Square and Ravenswood residents have been asking me for years about these large vacant lots along the 4800 block of North Damen Avenue.

 Bob and I were recently told by local developer that he's purchased the long vacant 6 city lots on the 4800 block of North Damen Avenue in the Ravenswood neighborhood (greater Lincoln Square Community Area).  Candea Development is planning to build quality, luxury condo units. 

Vacant lots on Damen, looking southeast.

Looking northeast

The lots have long been an eyesore since another eyesore -a beat up commercial strip mall- had been torn down over 4 years ago. The original developer way back planned a 14 unit condo building from what I heard.


The new owner and developer of the lots sent along this photo below of the type of buildings he plans to construct on the lots...I believe there would be three buildings.

This is an existing project by Candea development...similar buildings could find a home on Damen.

This Damen location in Ravenswood is a great candidate for continued condo and apartment density now that we see the real estate market settling a bit.  Already an established community with great amenities...the Damen Brown Line is a couple blocks away, Ravenswood Metra stop a few blocks, a brand new Mariano's Fresh Market in development a couple blocks east, close to the Lincoln Square retail/ restaurant strip, Winnemac Park and new, high-end Lycee Francais school in development a few blocks south.


Below are some examples of existing condo developments along the block...some re-sales less pummeled by the market than others.

The CTA Brown Line is in site along with several convenient amenities like an Budacki's (for Italian Beef!) Crystal Cleaners, Bagel on Damen, Thai restaurants, coffee shops, brunch joints, CVS (yes CVS!), grocery, tailors, hair salons, phone and electronics stores, a Sears store etc.. And, this stretch of Damen Avenue maintains a more residential feel rather than commercial.

The CTA Brown Line is close, but not TOO close.

Candea development has offered to address the project at one of our local neighbor group meetings in Ravenswood (check out  www.winnemac.org   and sign up for updates). It's an interesting development as there have been NO new construction condos built for almost three years in Lincoln Square.

HOT Summer! Lincoln Square condo unit sales climb 30%, median price up $30,000

I've seen a much improved selection of Lincoln Square condos come to market in the last 6 months.  Demand and prices have crept back up prompting more quality condo owners to list their homes in several price ranges.  Let's take a look at Lincoln Square Community Area condo sales thus far in 2013.



The fountain in Giddings Plaza, Lincoln Square (Photo, Eric Rojas Real Estate Broker)

Lincoln Square condo sales (attached units) January 1st to September 13th, 2013

250 condo units have sold this year up 30% over 2012.  The median price is up $30,000 over same period in 2012 at $240,000 this year.   192 units sold same period in 2012 with a $209,000 median price.

The month of August was scorching with 47 condo unit closings.  25 units closed in August of 2012.  That means a lot of condos actually went under contract in May and June and closed in August.

Our clients viewed a top floor two bedrooms condo with garage parking in this building on the 2100 block of West Giddings.  The asking price was $309,000 (photo Eric Rojas, Real Estate Broker)

The lowest sale this year is at 2401 W Balmoral #2D for $27,000.  Yes, $27,000. The studio unit in a former busted condo conversion development has original finishes and is located in the far northwest corner of Lincoln Square. 

The highest sale is at 2002 Sunnyside for $612,000.  This four bedroom home with a family room is a newer built attached town house and similar also to a single family row home.
The highest priced unit sold in a more traditional condo building is 4844 N Damen #3 for $598,000.  The penthouse duplex home in a small three unit condo building has a large rooftop terrace.

Under Contract, Active
57 condos are currently under contract with a median asking price of only $195,000. 61 condos (attached homes) are currently listed for sale with prices ranging from $72,000 to $624,900 and a median of asking price of $249,000. The $50K median price difference between units under contract and units for sale could indicate sellers are listing their comparable homes for higher prices and/or larger, better finished units are coming on the market.

Condo sales are up around the Winnemac Park area of Lincoln Square

Sales statistics gathered from MREDLLC.com (our member MLS) and analyzed/ presented by Eric Rojas, Real Estate Broker. 

Hamlin Park area house and condo prices up in western Lakeview

A coveted dog run park at Hamlin Park adjacent to lighted tennis courts.

I spent a gloomy morning last Thursday checking evaluating a client's condo near Hamlin Park in western Lakeview.  Parks are great identifiers for Chicagoans when considering a home purchase.  Hamlin Park offers lighted tennis courts, a field house with outdoor pool, a dog park (!), and plenty of baseball diamonds for league sports. 

For our purposes, we'll use the boundaries of West Belmot to West Diversey and North Ravenswood to North Western Avenue.  The area west of the river is certainly separated, but there is a cluster of housing there nonetheless.

House Sales around Hamlin Park January 1st to September 12th, 2014

Newer construction and modestly renovated houses stand side by side directly across from Hamlin Park.

43 detached homes have closed this year in the the Hamlin Park sales area.  The median price of a house is about $900,000 (up $100,000 from last year's median).  Several higher end new construction homes helped lead the pricing surge.  Two newly built homes on 31.5' wide lots at 1905 and 1909 W Fletcher sold for $1,774,000 and $1,740,000 respectively. Homes closer to the park and east of Damen are relatively more expensive than homes closer to Western Ave and south of Clybourn.

60 detached homes sold same period 2013 in a hot market with a median price of $800,000. The lower median price in 2013 reflects more dated or small homes bought for development. 

There were several sales in the Picardy Place community of single family homes southeast of Hamlin Park.  These small homes are close to Chi Che Wang Park as well but benefit from the many established leagues and amenities of Hamlin Park.  The median price for one of these homes currently is about $475,000.

Condo Sales around Hamlin Park January 1st to September 12th, 2014

Attached condo sales around Hamlin Park tend to be in buildings built over the last 15 years.  However, large vintage buildings like Alcott Prep keep the architecture around the park interesting.

103 attached condo units (including town houses) sold from January 1st to September 12th this year.  The median price is about $372,000. 108 units sold with a median price of about $347,000 over the same period last year.

The most expensive sale was 3203 N Oakley #304, a duplex penthouse unit in a newer construction elevator building.  The 2900 sq/ft unit sold for $749,000.  Several duplex-down condos along Damen sold in the high $400s to $500s near the park. As one would imagine the lower priced condos in this sales area reside mostly on busy Western, Clybourn and Diversey Avenues.

Over 146 houses and condos switched hands. 5 (two-four flat) multi-unit buildings sold and a couple land deals went down.  That's a lot of action around a roughly 3 square block radius around the park!

Lincoln Square condo sales paint confusing picture, 52% distressed sales

The Lincoln Square Community Area of Chicago may offer the best value in the city despite the very bleak "black and white" sales numbers.  The market is less dynamic with fewer options and condo sales than nearby Lake View and a way lower median price of $150,000. Many of the lowest priced distressed sales are concentrated in one area. 

4544 N Seeley, a condo development in Lincoln Square averaging over $400K per sold unit (Photo Eric Rojas)

However the cost of living, space and neighborhood lifestyle make Lincoln Square condos desirable.  In many cases a 20% or less down payment will afford you a nice home for less than you would pay in rent for a similar home. There are also fairly luxury options on the higher end too that sell for well over $400,000. As well, one of the rare new condo conversions at 4544 N Seeley (a prime neighborhood location) is almost sold out quickly with prices around $400K on average.


25 condos closed (sold) in the first two months of 2012.  The median price was $150,000 (yes, $150,000).  However, the $150,000 and under sales were mostly located in buildings in the far northwest corner of Lincoln Square... north of Foster Ave and west of Western Avenue. The prices jump up mostly well over $250,000 east of Western and South of Foster.


The Highs:
A newer construction three bedrooms, 2 baths condo with elevator and 2 garage spots sold for $480,000 at 4815 N Damen.
The Lows:
Well, a bank holding gutted bombed-out condo project somehow offered, and sold, a unit for $5,000 at 2105 W Berwyn in Bowmanville.  I'm sure the neighbors are happy with this building.  The next lowest was $36,000, a nice move-in ready one bedroom, one bath foreclosure condo in a converted 1957 bland apartment building at 2520 W Foster.


Distressed:
Not surprisingly, 13 of the 25 (52%) units sold in our local MLS in Lincoln Square were either short sale or foreclosures. The majority of these were north of Foster and west of Western or one bedroom condos.

First Lincoln Square condo sells for over $1M (but median price for attached units slips)

 

A top floor unit at 4854 N Damen in Chicago's Lincoln Square neighborhood has sold for $1,057,000. It appears to be a record price. Photo Realtor.com and VHT.com

Last week I looked at Lincoln Square condo sales specifically on North Western Avenue.  I buried the lead! An attached condo sold for $1M for the first time in Lincoln Square. There had been a couple new construction units closed at $940,000 in 2021 (the precious record) but nothing over a million until this summer.

4854 N Damen Unit 3, Chicago IL 60625 sold for $1,057,000 earlier this year. The "duplex-up" penthouse features a 2nd floor family room and amazing walk-out terrace. It appears to be a record price sale for any attached unit (condo, townhouse) listed on the MLS in Lincoln Square. Despite the milestone, overall median price of a sold attached unit decreased 3.5% year over year. This could be due to high mortgage interest rates putting pressure on overall pricing or simply lower-end options becoming more readily available on the market.

Lincoln Square Condo Sales
Overall 240 attached units (condo and townhouse) have sold in Lincoln Square from January 1st to December 6th this year. The median price of a sold attached unit is about $351,000. Attached units with two bedrooms have a median of $320,000.  Units with three beds have a median of  $570K.

Surprisingly the median price for a sold Lincoln Square attached unit dropped 3.5% year to year from $364,000 in 2023 to $351,000 in 2024.  Median price for an attached unit same period in 2022 was $315,000 and $308,000 in 2021.

Eric Rojas, Broker

Chicago Real Estate Broker with Kale Realty

Over $100M sold! Have a question... ask Eric!

Kale Realty 2447 N Ashland, Chicago IL 60614 in Lincoln Park

Illinois Licensed Real Estate Broker No. 475.126105

Fair Housing Opportunity

erojas@kalerealty.com

PH: 773-510-1597

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Winnemac Park blooms AND and look at home prices

Winnemac Park from Jorndt Field (All photos Eric Rojas, Broker), Kale Realty

Neighbor and DNAInfo writer Patty Wetli shared a tour of the late summer bloom at Winnemac Park. Click Patty's story for the photo tour.


We've lived a half block off Winnemac Park for ten years now.  First in a duplex-down condo and then looked intensely for a two-flat of single family home withing the Damen/Western and Lawrence/ Foster boundaries surrounding the park (we bought a house to renovate in 2010 after a one year search).

As a Real Estate Broker I felt this area was one of the best values on the north side considering parks, transportation, retail and housing stock. It was a value and prices have skyrocketed in the last seven years.  That said there is still diverse housing and value near Winnemac Park for those looking for a comfortable city lifestyle.

Bungalows steps from Winnemac Park

Winnemac Park sales area Lawrence to Foster and Damen to Western.

Single Family Home Sales in Winnemac Park
20 single family homes have sold in the Winnemac Park area over the last 12 months.  The median price for a home sale is a robust $800,000. Read more on recent Lincoln Square single family home sales here

The paths of Winnemac Park taken this morning.

Multi-unit sales (two-four unit buildings)
13 small multi-unit buildings (two-four units) closed over the last 12 months with a median price about $500,000.

Attached unit (condo) sales
48 attached homes (condo and town house) sold in the last 12 months with a median price of $285,000

Fall Ball at Winnemac Park

As many of you now I've promoted our immediate area for many years. I've even busted other real estate brokers for using my photos of the park and nearby businesses in their own ads (they are too lazy to walk over and take a photo).   I'd like to think I was one of the first coining "the Winnemac Park neighborhood" in real estate listings.  That's up for debate! I would still like to see these boundaries of Damen to Western and Lawrence to Foster referred to as "Winnemac Park neighborhood" much like we have "Bowmanville" of Lincoln Square.

In any event... enjoy Winnemac Park!

Bucktown condo sales... location, location, location!

Our clients are under contract near the Clybourn METRA stop and the east entrance of The 606 park and trail in Bucktown!

Pet grooming and boarding at Bucktown Bow and Meow right down stairs... wow!

Our clients recently entered into a contract on a Bucktown condo. Bucktown is a pricey North Side neighborhood that offers all the bars, restaurants and conveniences urban dwellers desire.  The housing is diverse with many styles of architecture and design.  Plenty of boring developments to down-right ugly buildings abound.  But Bucktown offers flashes of color and creativity you don't see on many other comparatively priced neighborhoods.

Bucktown condo sales January 1st to July 27th, 2018

189 condo units have closed thus far in 2018.  The median price of a sold condo is about $440,000.  The highest priced sale is 2138 W Damen, Unit 2, Chicago IL 60647 for $1,170,000.     The lowest priced sold condo this year is 1718 N Ashland Unit 1F, Chicago IL 60622 for $170,850.

During the same period in 2012 about 123 condos sold with a median price of $345,000.

Bucktown neighborhood sales area (NorthWestern Ave to 90/94 to West Wabansia on the south)

Sales! Lincoln Square condo sales looking up, inventory down

Suddenly the condo market inventory in Lincoln Square is tight with many units under contract at the moment.  There are a handful of new construction projects popping up.  Let's look at the sales numbers for 2013 thus far:

Farmers Market at Leland and Lincoln (Photo, Eric Rojas)

Lincoln Square Condo Sales Jan 1st through May 28th, 2013

105 condos (attached units, town houses) sold and closed thus far. This is up a little from the 93 units sold same time last year.  The median price of a condo is about $225,000 for the greater Lincoln Square community area this year.  Median price is up from the $212,000 about this time last year. The prices are generally higher in the southern locations and lower in the northwestern portions of the large community area.

The lowest sale is $25,000 for 2401 W Balmoral... a studio apartment in a former defunct condo conversion project.

The highest sale this year for an attached unit is 2002 W Sunnyside for $615,000. The four bedrooms row house/ town house offered newer construction with a single family feel.

Under Contract

It feels like all Lincoln Square condos are under contract.  There are 95 condos under contract at the moment with only 64 units actively for sale.  Asking prices for units under contract range from $45,000 to $575,000.  The median asking price of a condo under contract is $250,000.

264 condos closed in Lincoln Square in all of 2012.  I think we will surpass that number in 2013.  At the moment, about 199 condos are closed or under contract with 6 months to go in the year.

Dining in Giddings Plaza, Lincoln Square (Photo, Eric Rojas)

We've represented many condo buyer's and sellers in Lincoln Square. It is a relatively sleepy condo market.  There are much fewer units in general than a Lakeview or Lincoln Park while new construction and gut rehab projects have been virtually non-existent since the 2008 financial crash.

Prior to that, you would mostly see new construction built on the major streets of Lincoln, Western, Damen and Lawrence from 2000-2008. The residential streets have almost exclusively vintage gut-rehabs with 2 bedroom,  1 bath condos.  Very few three to six unit new construction buildings can be found in all of Lincoln Square despite the abundance of these buildings in Lakeview and Lincoln Square.

It pays to be prepared for the small number of excellent condo homes that do hit the market.

Busy Bucktown intersection features Bloomingdale Trail construction, commercial and residential development

Bloomingdale Trail (606 project) bridge construction along North Milwaukee Avenue 
(All photos Eric Rojas and Bob DePalma, Brokers, Kale Realty)

We were in Bucktown last week looking at some property near the St. Paul and Winnebago intersection of western Bucktown. Although the surrounding location has been long developed this immediate spot along the CTA Blue Line tracks has remained "blighty" looking (to coin a phrase).  The seemingly endless Chicago construction and development churns on.

The CTA Blue line lies between the angled streets North Milwaukee Avenue and North Winnebago Avenue.  Development projects are on each side of the EL tracks.

Future site of town house construction near St. Paul and Winnebago in Bucktown.  The long vacant lot has been a bane to existing home owners for years and years.  The last attempt at developing the lot was back around 2006 prior to the housing bust (I remember advertising signs at the lot circa 2006-2007).

The site of planned Northwestern Memorial Hospital medical building at 1776 N Milwaukee.

Nearby Bucktown Condo Sales

Condo sales (attached units including town houses) in the immediate area have been very active over the past 12 months.  135 units have sold within the boundaries of  North Damen to North Western and West North Avenue to West Armitage.  North Milwaukee Avenue and the Blue Line cut diagonally through this western section of Bucktown.

Sales area map generated on MREDLLC.com by Eric Rojas, Broker, Kale Realty

The median price for a condo in these boundaries is $387,500.  Prices are affected by a unit's proximity to the El tracks and by location on one of the major arteries like North Western Ave.

Happy New Year to Logan Square: Condo unit sales up 64%

Logan Square Community Area picked up the buzz in 2013.  Did it pick up in condo sales too?  We've been taking a very close look as our new condo listings are set to come on the market.

"Expanding Universe" by sculptor Eric Lindsey now sits on Logan Boulevard near our new listing at 2623 W Logan #1W (photo DEC 2013 Eric Rojas, Real Estate Broker) 

518 attached homes (condos and town houses) have been recorded as sold in our MLS in 2013 (January 1st to December 30th). That crushes the 314 units sold in all of 2012, up 64% year over year.  We still have one more day on Tuesday for closings to increase that total.

The median price for an attached home in Logan Square is around $315,000 for 2013 - up from roughly $243,000 in 2012.

Converted loft condos on North California just south of Milwaukee Ave.  This area near the Blue Line got real hot for bars, condos and modern  new single family homes.

The Bucktown portion of the Logan Square Community area rang up the highest priced closed attached homes at 2138 N Damen.  The three unit new construction boutique building had sales from $1,050,000 to $1,100,000 closed in October. 

51 attached units sold for over $500,000 in all of Logan Square in 2013.  Most of these sales were in the Bucktown region (east of Western Ave and south of Fullerton).

143 attached units sold in the $250,000 to $350,000 price range.  The majority of these were located in the Logan Square and Palmer Square neighborhoods near Blue Line trains, good bus transportation and the hot bars and shops.

Bucktown condo sales in 2022

"Newer" construction condos and mixed use buildings with popular Bucktown businesses line North Damen Avenue.

We're working with clients on the sale of their Bucktown condo.  The three bedrooms, two baths home with two car parking and enormous deck will hit the market this spring. The neighborhood is among the best in Chicago for walkable restaurants, cafes, shops and transportation. Let's take a look at over-all condo sales around Bucktown.

Bucktown sales area

Bucktown condo sales January 1st to March 11th

58 condos sold so far in 2022 with a median price of $467,500. 75 condos sold in the crazy market of 2021 over the same period with a median price of $480,000. 

• 8 one bedroom condos sold with a median price of  $250,000
• 24 two bedrooms condos sold with a median price of  $410,000
• 25 three bedrooms condos sol with a median price of $607,000
• Only one four bedrooms condo has sold thus far for $660,000

 

Quick look! North Center real estate sales 2018

Anecdotally speaking there were far less new homes actively under construction along my walk than in the past few seasons. Usually there are crews in the streets and torn up sidewalks on every North Center block.  Fewer construction sites, but activity was not totally absent! All photos Eric Rojas, Broker, Kale Realty.

I was in North Center last week to evaluate a couple properties owned by a landlord we work with. Here's a look at some of the real estate sales numbers for the North Center community area this year.

193 single family homes have sold from January 1st to September 30th this year.  The median price of a closed single family home is about $1,045,000.  The highest priced sold home is 3530 North Seeley in Roscoe Village for $2,650,000.   The double lot luxury custom home was built in 2011.  The lowest priced single family home to sell is 2458 West Berenice for $300,000 cash.  The original bungalow was torn down to build a new house (not sure if it is completed yet or if it will hit the open market). 

Last year over the same period 214 single family homes sold with a median price of $1,095,000.  In 2016, 180 homes sold with a median price of $1,050,000.  Going back five years to 2013, 209 single family homes sold with a median price about $880,000.  Sales and prices have leveled off the last three years after a large spike from around 2012 where median price was about $800,000. 

A rare row of intact multi-unit apartment buildings in North Center.

North Center is also infamous for the number of small multi-units (usually two-flats) that are bought and either converted to single family homes or torn down to build a new house.

57 small multi-unit buildings (two-four units) have sold  thus far in 2018 with a median price about $620,000.  Five years ago in 2013, 70 buildings sold with a median price of $575,000.

This year, 38 of those buildings are two flats with a median sales price of $560,000.
15 of the sale were three-flats with a median price of about $615,000.
4 sales were four unit buildings sold from $675,000 to $1,173,500.

There is a healthy stock of older original frame homes in the neighborhood.  Most will be re-developed when sold.  It rare in the neighborhood from someone to just buy an old home and live in it.  The market numbers just don't favor that type of purchase.

One of the first major, larger new construction condo developments in the early 2000s condo boom at the intersection of Lincoln and Damen Avenues.

318 condo units have sold from January 1st to September 30th this year.  The median price of a condo is about $430,000.  The highest sold condo unit this year is 3844 North Damen Unit 1 for $960,000.  The tricked out new construction duplex down is located in Bell school district.  In 2013, 314 condo units sold over the same period with a median price about $349,000.

Please contact us if you are looking to buy or sell North Center condos, houses or multi-units.

Whoa! 2015 North Center condo unit sales UP 76% over 2012, 23% year to year

Many condo buildings line North Lincoln Avenue in North Center community area on Chicago's North Side. All Photos Eric Rojas, Broker, Kale Realty

 North Center is known to be red hot for new single family home construction and sales for several years now.  Most single family homes offered for sale top $1,000,000.  Let's see if condo sales and prices are keeping pace in this popular North Side area.

2015 attached unit sales (condo, town house) in North Center

433 North Center attached units were recorded sold in the MLS for all of 2015. Unit sales are up 23% year to year.  The median price of an attached home in 2015 is about $389,000. Median price is up about $50,000 year to year.  In 2014, 334 units closed with a median price of $338,000

• 375 units sold in 2013 with median price of $355,000
• Only 246 units sold in 2012 with median price $347,000

Several new construction projects came online boosting 2015 sales numbers.

We just listed an affordable North Center two bedroom condo at 3633 N Damen Ave #3 this week for $219,900. Check it out!

More North Center market posts here