North Park single family homes offer real value under $400,000

I've long felt the North Park neighborhood offers real value for single family home buyers on the North Side of Chicago. It may not be the most commuter friendly in terms of trains (the Kimball CTA Brown Line stop is the closest train to downtown) but it does offer reasonable bus access, great bike routes and relatively short drives to large employers throughout the North Side and North Shore.  

North Park delivers on charm! (all photos Eric Rojas, Broker, Kale Realty)

Large public parks (River and Legion among others) and proximity to several university campuses (North Park University, Northeastern Illinois University and  Northwestern University) are the most attractive draw for me to this area. Most blocks are leafy and green. The brick homes and unique architecture found in most areas of North Park can be truly charming.

North Park single family home sales 2014 (January 1st to October 17th)

50 single family homes have sold in the North Park Community area from January 1st to October 17th this year.  The median price is for single family home is just $280,000. 

The highest sale this year in North Park is 4316 W Summerdale for $541,000.  The large 1999 built suburban style home with four bedrooms on the second level is located in a unique subdivision just west of St Lucas cemetery (near parks and nature walks) at Foster and Pulaski.  43 of the 50 single family home sales closed for under $400,000.

Compare that with popular Lincoln Square just to the southeast at $650,000 range and you start to see the value.  50 homes sold over the same period in 2013 with a median price of $270,000.  Although two homes topped $600,000 last year.

Custom beauties dot the leafy residential streets of North Park

Under contract and for sale homes
13 single family homes are currently under contract. The median price of under contract homes is about $320,000.  31 homes are currently listed for sale in the MLS.  The median price of an offered house is about $350,000. 

You'll see many homes engulfed in mature landscaping.

Two homes are offered for over $1,000,000.  6127 N Monticello is a new construction home on a 60' wide lot listed at $1,399,000. Two blocks north a custom built re-sale house on a 68' lot is listed at $1,300,000.  The nine bedroom house with nine and two-half baths has been on the market for the better part of 3 years (starting at $1.7M).

Many condo owners looking for more space and a yard are discovering neighborhoods like North Park and Portage Park to buy a house. If you need to expand your search for a house please contact us.  We may have options in attractive neighborhoods you had not previously considered.

North Park offers value! Single family home sales for 2013

It's easy and enjoyable for me to track home sale action in the North Park Community Area. My kids and I frequently visit the Northeastern Illinois University campus recreation complex in the neighborhood.  As an NEIU Alumni Advisory Board Member I also enjoy participating in academic programs and conferences.

A recently sold bungalow at 5307 North Bernard gets a gut renovation and second story addition!  The house sold for $200,000 in a conventional sale (not a foreclosure or short-sale).  Below we see the addition from the alley. Photos Eric Rojas, Real Estate Broker

North Park single family home sales Jan 1st - July 12th 2013

28 North Park single family homes closed so far this year.  The median price is about $267,500. 
In the same period of 2012, 28 homes also closed with a median price of $240,000.

 The highest sale this year is 5800 N Spaulding for $620,000.  The 2004 gut renovated home is character filled with "4000 sq/ft" and sits on a double-lot.   

Two really nice houses sold adjacent to Northeastern Illinois University (directly across the street).  5255 N St. Louis closed for $506,000.  The large renovated house house featured for bedrooms above grade and two more in the lower basement level.  5423 N St Louis featuring 4 good sized bedrooms and two full baths closed for a reasonable $425,000. It was a nice value for the large house well maintained finish level.

One of my favorite area home owner gardens at North Bernard and West Berwyn in North park near NEIU (photo Eric Rojas, Real Estate Broker)

Single family home sales 2008- 2013 Jan 1st - July 12th 

North park has been fairly steady and reflective of the over-all North Side Chicago single family home market through the turbulent past 5 years .We see the median price trend down since the 2008 mortgage debacle and pop back up a bit this year. 

The prices of several most desirable neighborhoods really rebounded last year and North Park is following that trend. The lower median prices in 2011 and 2012 also reflect the market's big appetite for buying up the short-sales, foreclosures and homes in need of renovation.  That "cheaper" product is much harder to come by now.

2013 closed 28 homes with median $267,500
2012 closed 28 homes with median $240,000
2011 closed 31 homes with median $260,000
2010 closed 36 homes with median $300,000
2009 closed 24 closed with median $305,000
2008 closed 15 closed with median $320,000

Under Contract

19 homes are under contract as of this writing while only 13 are actively listed.  This also mirrors much of the North side where more homes are under contract than for sale.

North Park, Chicago home sales continue to offer value

Homes on the 5200 block of North Spaulding Avenue in North Park, Chicago (All photos Eric Rojas, Broker, Kale Realty)

We have several new clients reaching out to us looking for homes in the Lincoln Square area. However many buyers quickly find their budget does not go very far.  Enter North Park... the neighbor to the northwest! North Park has diverse single family home offerings from $350,000 to $600,000 that include classic brick bungalows, frame cottages and Tudor style homes.

 I spend a lot of time at the universities, parks and businesses of north Park. Let's take a look at single family home sales this year.

The charming outdoor dining at Tre Kroner, North Park neighborhood.

46 single family homes have closed in the North Park Community Area from Jan 1st this year to September 15th. The median price of a home sale is $355,000 (compare that with Lincoln Square around $700,000 now). The highest sold home during this time is $650,000 for a cool custom Art Deco built in 1935 at 5859 North St Louis Avenue, Chicago IL 60659

The lowest priced sold home is 3435 West Carmen for $210,000.  This was a short sale but a real steal. The home looked to be in good shape and sits in a neat pocket backing up to the Chicago River and near the Kimball Brown Line stop.

62 North Park single family homes sold over the same period in 2016 with a median price of $372,000.  In 2015, 66 homes sold with a median price of about $315,000.

Looking west over the North Park Community Area from the newer medical office building at Swedish Covenant Hospital. Along with Swedish, big employers are North Park University and Northeastern Illinois University.

Multi-unit sales (2-4 units)
Small multi-unit buildings are a great way to get your desired location and have income to help the mortgage. They can also be very flexible long term real estate investments.

Eight multi-unit buildings closed in North Park over the same period 2017 for a median price of about $425,000.

Call us to buy and sell North Park and North Side Chicago properties!

Portage Park single family home sales come back to earth

A typical Portage Park block west of North Cicero Avenue.  Pleasant, well cared for brick bungalows and tidy blocks are common for the area. Many home renovations have featured "pop top" second stories to add loads of living space. All photos Eric Rojas, Broker, Kale Realty

Portage Park Community Area of Chicago has gone on a hot run of single family home rehabs and new construction over the past 10 years.  The low mortgage interest rates of 2020-2022 and "pandemic phenomenon" of buying for more space helped produce more new construction and higher-end renovations than typical for the neighborhood.  Easy access to highways for the burbs or downtown is convenient.  The eastern portion of Portage Park is near Grayland Metra stop (Milwaukee District- North) making public transportation to downtown or the North Shore easy.

Portage Grounds is my favorite coffee shop in the neighborhood and has the best soundtrack bumping! 

174 single family homes have sold this year (Jan 1st to July 7th) with a median price of $380,000. That's down from the $405,000 same period last year. The highest price sale this year is 3450 N Keating for $901,000.  The fully gut renovated house is located west of Kilbourn Park and a half-mile from the Grayland Metra station. While it's more common to buy homes pushing the $800-$1M over-all unit sales and median price have come down off the pandemic run. Interest rates and low inventory remain the common culprits. 

In 2022 over the same period 226 single family homes sold with a median price of $405,000.  The highest priced home sold during that time was 4722 W Belle Plaine for $835,000.  This home was a little west of North Cicero Ave and over a half-mile from the Grayland Metra. During same period of 2021 and the pandemic boom roaring 268 single family homes closed with a median price of $377,000.  

Single Family Home Sales Jan 1st to July 7th

2023: 174 single family homes sold with a median price of $380,000
2022: 226 single family homes sold with a median price of $405,000
2021: 268 single family homes sold with a median price of $377,000
2020: 160 single family homes sold with a median price of $351,500
2019: 217 single family homes sold with a median price of $335,000
2018: 240 single family homes sold with a median price of $327,000
2017: 249 single family homes sold with a median price of $313,000

Prior the pandemic we saw very active unit sales numbers and home prices steadily moving up. Rehabs were snatched up! The quality of homes (better finish level) has increased in Portage Park attracting new buyers with higher budgets to the area that want space and may need less proximity to the office.

*All data MREDLLC.com and analyzed/ organized by Eric Rojas, Broker, Kale Realty

Contact me to buy and sell in Chicago and near suburbs! 

Eric Rojas - Broker - Kale Realty
Lincoln Pak - 2447 N Ashland, Chicago IL 60614
Office: 312-939-5253
erojas@kalerealty.com

You asked for it! Lincoln Square single family home sales 2018

Our listing at 5043 N Oakley in Lincoln Square asking $599,900 is under contract and pending closing in early October.

Most early mornings I walk my kids to school and then run errands around Lincoln Square. A neighbor, homeowner and friend asked me during my walk yesterday how the Lincoln Square house market is doing.  Well, here you go Tom!

Lincoln Square single family home sales 2018

From January 1st to September 14th this year, 110 single family homes have sold.  The median price of a sold house is $660,000.  The highest priced sold home is 2121 West Eastwood, Chicago IL 60625 for $1,917,000.  The new construction house features six total bedrooms, six full baths and two half-baths (eight toilets!).  5544 North California Avenue, Chicago IL 60625 for $259,000.  The two bedrooms, one bath raised ranch resides on a busy stretch in Budlong Woods area of Lincoln Square. Nice deal!

- 104 homes sold over the same period last year with a median price of about $692,000.
- Over the same period of 2016, 79 homes sold with a median price of about $655,000
- Same period 2015, 95 homes sold with a median price of $675,000
 Median price has bounced around a bit staying within $40,000 of the high point over four years.  Unit sales have generally gone up.

Check out one of our recent sales steps from Winnemac Park with some drone footage.

Single family home sales around Winnemac Park  in Lincoln Square

The residential neighborhood around Winnemac Park shown above is popular for its housing stock, community activities and transportation options. The Winnemac Park area of Lincoln Square sales have been strong (North Ravenswood to North Western and West Lawrence to West Foster). 

Tom was really asking how are home sales in OUR area doing. The Winnemac Park area of Lincoln Square sales have been strong (North Ravenswood to North Western and West Lawrence to West Foster).  From January 1st to September 14th this year, 17 single family homes have sold with a median price of $850,000 in this footprint.  

We sold this Lincoln Square home last year.  Only a couple blocks from Winnemac Park.

In all of 2017,  28 single family homes sold in the Winnemac Park sales area (shown above) with median price of $755,000.  It looks like median price in 2018 will be up for homes surrounding Winnemac Park while unit sales will be down a few. Four homes are currently under contract around the park.

Peterson Park single family home sales rebound from 2012

A quiet tree-lined street in Peterson Park (All photos Eric Rojas, Broker, Kale Realty).

Need an affordable single family house with a great yard in a quiet North Side neighborhood? Like to be close to a fantastic and diverse park? Highly rated school sound good?  Enjoy visiting or working in the North Shore?  Peterson Park in the greater North Park community area could be the place for you! I was back in the neighborhood yesterday consulting a client on home renovations and sales prices.

Peterson Park single family home sales Jan 1st-Sept 9th, 2016
Like many North Side Chicago neighborhoods Peterson Park single family homes sales prices and unit sales have picked up over the last four years.  The big turn-around period is about 2012-2016 where prices across most neighborhoods have steadily increased.  However, the area still presents an affordable opportunity to own your own house near many city and suburban amenities.

32 single family homes sold in the Peterson Park neighborhood from January 1st to September 9th, 2016.  The median price of a house is $380,000.  $380,000 can get you a move-in three bedroom raised ranch (one floor house with full basement) featuring 1 1/2 or 2 full baths, a garage and oversized city yard. Georgian style homes and "split-levels) with three bedrooms on the second floor and a basement are common in this area and price range as well.  These are not huge houses but can provide adequate space for multiple family members.

Peterson Park sales area. Map generated on MREDLLC.com

36 homes sold over the same period last year in 2015 with a median price of only $310,000. Compare the last couple years with 2012 where 23 homes sold with a median price of about $240,000.  Median price of $240,000 climbed to $380,000 in just four years without higher-end new construction homes.

The highest sale thus far in 2016 is $690,000 at 6137 N Bernard St, Chicago, Illinois 60659.  The four bedrooms double lot home had been fully renovated.  The lowest sale price is $225,000 at 5828 N Drake Ave, Chicago, Illinois 60659. 

Old Town Triangle area home sales 2012

We've been in Old Town Triangle of Lincoln Park over the past couple weeks preparing a client's home for sale.  Let's take a look at single family home and condo sales in 2012 for this most desirable of Chicago locations.  You can read about the historic area boundaries as written below and many more Old Town Triangle area posts at Yo Chicago

The Old Town Triangle is part of the Lincoln Park neighborhood along Chicago's north lakefront.
It's bounded by North Ave (1600 N), Armitage Ave (2000 N), Lincoln Park and a line drawn from the intersection of Lincoln Ave and Armitage Ave south to Larrabee St (600 W). The line which is the western boundary of the Old Town Triangle generally corresponds to the right-of-way of what was formerly Ogden Avenue.
ZIP code: 60614

The roughly 2 square block radius in East Lincoln Park surrounding Old Town Triangle...a fantastic location in Chicago

We'll use a square shape above to cover the neighborhood between  the major streets of West Armitage to West North Avenue and North Clark to North Larrabee to get a better look at sales and the types of properties available in - and adjacent to - the Old Town Triangle Historic District.

The row houses on the 1800 block of North Lincoln present the opportunity for a great door!

 Single family home and row home sales in 2012 (JAN 1st to NOV 19th


There have been 19 closed single family homes and row homes in the greater Old Town Triangle area so far this year.  The median price was about $1.2 million. This may seem a little low for this location compared to Lincoln Park's median single family home price this year of about $1.3M.  However, the homes in the actual historic district of East Lincoln Park are much smaller on average and often feature less luxury amenity in the historic homes in exchange for the privileged location.

The highest single family home (totally detached) sale this year is $3,133,365 at 1839 N Cleveland.  This was a re-sale of a 2000 built 6 bedrooms home on a 24x125 Chicago lot.  The highest row house sale so far is 1910 N Clark for $1.975 million.  This wider than usual 4 bedrooms row house at 23 feet wide features a rear addition with attached garage and elevator.

Condos (and town houses with condo association)

There are many ways to experience the East Lincoln Park, Old Town Triangle lifestyle.  132 attached condos and town houses closed from January 1st to November 19th this year.  This is a large number of units for this relatively small area and up from the 94 units sold same time last year  This also includes a few high rise buildings along North Clark Street and a small portion of North LaSalle which increase the density of available condos.

Condo Prices
 The highest sale for an attached unit this year was 1813 N Mohawk Unit A for $1,230,000.  The 3000 sq/ft, 4 bedrooms end-unit town house sold within a week after going on the market.   The lowest condo sale in our boundaries so far was a mere $105,000 at 1850 N Clark # 2406 (Hemingway House).  The high floor studio has great city views.  I've gone to a couple terrific events at the Hemingway House party room and sun deck...great views and A+ location to impress friends and associates.

24 condos sold for $200,000 or under.  All but three were in high rise buildings and the assessments that go with them.  The other three were small one-bedroom vintage conversions. The median price for all attached unit sales (132) in the is area is $320,000 this year.  94 units sold with a median price of $395,000 same time last year in 2011.

Row house or high rise... there are many budget options providing the Old Town Triangle lifestyle

YoChicago.com is a very thorough source for unique Chicago neighborhood information...just one of the many reasons I work with them for our property and neighborhood videos.

Quick look: Highland Park single family home sales

 

Highland Park features a diverse price-point and style of single family homes lining winding, leafy streets. All photos Eric Rojas, Broker, kale Realty

It has been a busy summer for us looking for homes on Chicago's North Shore.  We continue working with clients into this early fall season as market conditions change like the color of leaves! This week we viewed Highland Park single family homes in the $500,000 to $700,000 range.  It's a tough price-point with low inventory. 

Highland Park Single Family Home Sales

370 single family home have sold this year (January 1st to September 16th). The median price of a sold home is about $700,000.  That median price is way up over just a few years ago.

The highest priced sold home this year is 2255 Egandale Road, Highland Park, IL 60035 for $4,500,000.  The lakefront property is one of two houses that have sold for over $4 million this year in Highland Park 

The lowest priced closed home is 1552 McDaniels Avenue, Highland Park IL, 60035 for $210,000 cash.  This small home near downtown and the Metra station sits on a 50' x 97' lot.  

Millard Park and Beach on Lake Michigan at the end of Ravine Road 

Recent Sales 

In 2018, 310 single family homes sold over the same period (January 1st to September 16th) with a median price of $545,000.  That's about $150,000 less than the median price in 2022.

2019, only 274 homes closed over the same period with a median price of $505,000.

In 2020 (the start of the pandemic), 372 single family homes sold with a median price of $535,000.

In 2021, 423 homes sold with a median price of $655,000. The 2021 price jump was huge just as it was in many desirable cities across the country.  

As posted above 370 single family home have sold this year (January 1st to September 16th, 2022). The median price of a sold home is about $700,000. 

Lincoln Park single family home sales 2017, 83% sold over one million

Many million dollar homes have been built in the Wrightwood/ Lakewood area (old industrial train route) over the last five years as all of Lincoln Park, east and west, has filled in. Photo Eric Rojas, Broker, Kale Realty.

A recent report cites Lincoln Park leading Chicago in million dollar property sales in the 3rd quarter of 2017. The rate of both residential and commercial tear downs in Lincoln Park may seem shocking. But the redevelopment payoff is big. Let's take a look at over-all Lincoln Park single family home sales as we near the end of 2017.

Single family home sales January 1st to November 10th
176 single family homes have been recorded closed from January 1st to November 10th according to MREDLLC.  The median price of a sold home is $1,565,000. Over the same period in 2012 (as the market was taking off) 164 single family homes closed with a median price around $1.2 million.

146 of those Lincoln Park single family home closings this year were $1 million dollars and over.  That edges out North Center which sold 140 single family homes $1 million dollars and over.

The highest Lincoln Park sale was 542 West Grant Place, Chicago IL 60614 for $7,200,000. 

With many impressive properties new and old it is not hard to imagine Lincoln Park leading the city in million dollar sales.

Lincoln Park single family home sales, unit sales up

Despite the great amount of tear down and new construction activity my mind goes to homes like 632 W Deming Place when thinking of Lincoln Park. 632 West Deming happens to be on sale for $5,500,000. (All photos Eric Rojas, Broker, Kale Realty)

The median price of a single family home sale in Lincoln Park is about $1.6M.  

Many North Side neighborhoods have seen median price increases for single family homes while unit sales have gone down in 2019. Here's a quick look at Lincoln Park single family home sales.

Lincoln Park single family home sales 

141 single family homes have closed so far in 2019. The median price is about $1,630,000. Fifteen homes sold for over $3,000,000. The highest price sold home is 2217 N Burling Street, Chicago IL 60614 for $4,837,500.  Only twelve homes were sold for under $1,000,000.

Over the same period of 2018, 126 single family homes sold with a median price of about $1,650,000. Nineteen homes sold over $3,000,000.

Lincoln Park was fairly consistent over the last two years. However more units sold thus far in 2019 for a slightly less median price than over the same period of 2018.

North Center single family home sales 2016... hold on to your wallet!

I took a photo of this house a few years ago near Welles Park in North Center.  It's typical of newer construction homes in this increasingly high-end community.

North Center continues to be one of the most active single family home markets in terms of sales, strong re-sale prices and new construction houses.  Here's some fun facts from January 1st to about July 8th, 2016 of this year.

Single family home sales Jan 1st to July 8th, 2016
120 North Center single family homes have closed from January 1st to July 8th, 2016.  The median price of a home in the neighborhood is about $1,092,500.  Many homes up to the $750,000 price point (and occasionally more) are bought to tear down or gut renovate and expand. 115 homes sold over the same period in 2015 with a median about $1.1 million.  Very steady sales and prices year to year.

The highest North Center home sale price on the MLS this year is 1851 W Fletcher St , Chicago, Illinois 60657 for $2,500,000.  This house on a 75' wide lot has been a particular favorite of mine due to the "tucked away" feel to the location and it's side yard with sport court.

The lowest single family home sale is in the Picardy Place development at 1800 West Diversey Unit F for $433,000.  These small houses with attached garages are great condo/ town house alternatives.

$900,000 for a residential vacant lot

North Center has witnessed a new house construction boom for years.

Vacant lot and tear down sales in the neighborhood are quite the story.  The highest price sale for a vacant single lot sale in North Center this year (recorded on MLS) is $900,000 for 3901 N Leavitt St, Chicago, Illinois 60618. The corner lot measured 40 ft wide by 124 ft long and is located in Bell School district.  A "tear down" frame house 31'x125' lot at 2033 West Fletcher in Jahn School district caught $615,000.  The range for tear down lots vary greatly by size, location and school district boundaries.  Standard 25'x125' lots (less desirable for new construction) have caught over $500K for a tear down house.


The least expensive vacant residential lot sale is 2029 West George $241,000.  The irregular shaped lot (triangular lot) near North Clybourn is in a growing section of North Center.

I currently have the least expensive vacant residential lot listing for sale in North Center and Coonley School.  1801 West Cuyler  offered at $199,900 has plans drawn for a modern home situated on the 17.5' x 124' lot near the CTA Brown Line at Irving Park.  It's a unique lot size but the free standing house floor-plan would mimic the width of row house or town home. Watch the video.



Contact me to buy and sell North Center and Chicagoland homes both on and off the MLS. 

Oak Park single family home sales up 7% in 2012

Earlier this year we took a look at single family home sales in Oak Park's Horace Mann school district.  Let's take a look at over-all single family home sales this year to date, which, seems to be a little more dynamic than last year.

A home adjacent to Taylor Park in Oak Park, IL. Photo Eric Rojas, Broker

2012 Sales
To date (June 25th, 2012), 154 single family homes have sold and closed in Oak Park with a median Price of about $380,000.  During the same period in 2011, 143 homes were sold with a median at about $350,000. It is rare to see a city, town or large community area have both unit sales up and median price up around the Chicagoland area.

The Top
Two closed homes topped $1 million in Oak Park so far this year. 535 Euclid Avenue closed at $1,100,000 and 215 Forest Avenue closed at $1,050,000.

North of Lake Street Vs South of Lake Street
The home unit sales were distributed pretty evenly throughout Oak Park. 79 homes closed north of Lake Street (the main street downtown that basically splits the north and south of Oak Park evenly) with a median price of $420,000.  About 74 homes closed south of Lake Street with a median price of $307,000. 

More Oak Park HERE
Contact us is you are looking to purchase a home in Oak Park.

Portage Park single family home sales, median price up 87% since 2012

Earlier this month I walked a "punch list" for a new construction home buyer in Portage Park. Several items needed to be completed before appraisal and closing. Nine contiguous new construction homes have been built adjacent to a traditional Tudor common in the neighborhood. All photos Eric Rojas, Broker, Kale Realty

Many of our home buyers are finding themselves in Portage Park these days. And why not? Extremely low inventory and budget busting prices in the likes of Lakeview, Lincoln Square, Lincoln Park and Logan Square have buyers turning to Portage Park for relatively affordable new construction homes. The northwest Chicago neighborhood offers plenty of commercial retail conveniences, a several CTA Blue Line and Metra stations (to the east of the neighborhood) and quite tree-lined streets.

A former bank parking lot that took up the majority of the 4900 block of West Dakin has been transformed into nine new construction single family homes.

Portage Park single family home sales 2018

A robust 453 single family homes were recorded closed on MREDLLC.com over 2018 (does not include off market closings which probably puts this over 500 closings). The median price for 2018 was about $320,000.

Median price is up 37% from 2012 and 87% since 2012.  

The highest priced closed home was 4743 North London, Chicago IL 60630 at $679,000. The four bedrooms new construction home sits on a 25'x126' near the large Jefferson Memorial Park and the Jeff Park Metra.  The lowest priced house sold for $140,000 cash.  The traditional Chicago bungalow at 4544 North Laporte was thoroughly damaged by fire. Around 65 of the closed homes sold were new construction or gut rehabbed homes. 

Past Sales
In 2015,  411 single family homes closed for a median price of $240,000.
In 2102, 355 single family homes closed with a median price of only $175,000!

More posts on Portage Park HERE

Contact us to sell and buy homes in Portage Park and greater North Side Chicago and suburbs. We offer the most competitive full service broker commission rates for selling, pre-market opportunities for buying and 20 plus years of experience in real estate transactions. Don't get ripped off!

Lincoln Square single family home unit sales up 35%, median price up $100,000 over 2020

Lincoln Square features a mix of original farm houses and $2M plus new construction homes. This charming home sits near West Leland and North Seeley in the heart of Lincoln Square. All photos Eric Rojas, Broker, Kale Realty

Fall season is in full swing! I love researching, viewing and selling homes during this time of year.  Let's take a look at over-all single family home sales in Lincoln Square this year (Jan 1st-Nov 1st, 2021)

 

- Single family home sales are up over 35% year to year and median price is up $100,000.

- 125 single family homes have closed from January 1st to November 1st, 2021. The median sales price of a Lincoln Square home this year is $850,000. 

- The highest priced sold home is 2130 W Agatite, Chicago IL 60625 for $2,625,000.  The 2017 built home is a re-sale on a desirable residential block near Welles Park.

- The lowest priced sold home is 2154 West Foster for $280,000.  The small frame home is located on a busy street and needs rehab.  A real estate company is the new owner but no permits have been pulled to date.

New construction sales were back in force over 2021 with many new single family homes currently permitted and under construction (new home under construction early this year on the 2100 block of West Berwyn in the Bowmanville neighborhood of Lincoln Square).

Lincoln Square home sales (January 1st-Nov 1st) over the past several years

2021:  125 single family homes sold, median price $850,000

2020:  92 single family homes sold, median price $749,900

2019:  93 single family homes sold, median price  $712,5000

2018:  123 single family homes sold, median price $645,000

2017:  119 single family homes sold, median price $688,000

2016:  91 single family homes sold, median price $660,000

We have bought and sold many Lincoln Square single family homes, condos and multi-units over the past 15 years. We often find pre-MLS and off market opportunities for our clients.  

Contact us at erojas@kalerealty.com

Recent Albany Park single family home sales

 

Kedzie CTA Brown Line station in Albany Park 4648 N Kedzie, Chicago IL 60625. This strip of Kedzie has slowly churned out retail and residential developments despite it's fantastic proximity to transportation. Homes just east of North Kedzie have higher value than homes west of Kedzie in the Greater Albany Park Community Area. All photos Eric Rojas, Broker, Kale Realty

A client will need to sell her parents long time single family home in Albany Park Community Area. We looked at the immediate comparable sales for the house based on location, condition, current market trends and client goals. I also checked out recent sales in greater Albany Park.

Albany Park single family homes sales January 1st to October 31st.

Brick bungalows in the eastern portion of Albany Park

95 single family homes have sold in Albany Park from January 1st to October 31st, 2024.  The median price this year is $520,000. Over the same period of 2023, 96 single family homes sold with a median price of $518K. Two year sales are as even as you can get in any Chicago community area.

In 2022, 115 single family homes sold with a median price of $550,000. The high amount of closings and high median price are a reflection of the low mortgage interest rates of 2021 and 2022. The low rates were a supercharger especially for relatively affordable neighborhoods further out from the Chicago lakefront.

In 2021, 133 homes sold with a median price of $495,000

Values can swing from eastern Albany Park's Ravenswood Manor neighborhood along the river to the western edge near North Pulaski Road. 

Over the past twelve months 18 homes sold in the smaller area of Albany Park east of Kedzie. The median price of a closed house is $800,000.  90 single family homes closed west of Kedzie with a median price of $465,000.

To buy and sell Albany Park properties and real estate all over the North Side, Loop and near suburbs contact:

Eric Rojas, Broker

Kale Realty

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

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North Park, Chicago home sales 2017

I can't believe another year is coming to an end! Let's take a look at North Park single family homes sales.  We see North Park as a value buy on the North Side of Chicago. Prices have been inching up but remain way below Lincoln Square one neighborhood to the south. While the area is not convenient to CTA trains it does offer access to bus and highway options. North Park is home to large parks, nature areas and well rated school.

North Park home sales and more for 2017
68 single family homes sold this year (Jan 1st to Dec 15th) with a median price of about $350,000. The highest priced sale is $687,000 for 3435 W Glenlake Ave, Chicago IL 60659. The vintage 67' wide lot home featured six bedrooms and four and one-half baths but needed extensive updating.

North Park is home to many customer brick homes from traditional Chicago bungalows and Tudors to some really cool art deco beauties.

Fun fact! Only three of the North Park sold homes were newly gut rehabbed and none of the sold homes were new construction.  Not a single new construction home sale is really rare for a north side neighborhood in the current market. Lincoln Square, Forest Glen, Edgewater, Irving Park etc... so many surrounding neighborhoods have lots of new construction activity.

21 homes are currently for sale in North Park. The median price of a listed home is $439,000 (significantly higher than the median of a sold/ closed home). Ten homes are currently under contract with a median asking price of $345,000.  On par with a closed house this year.

Looking for a home on the North Side or Chicago suburbs?  We'll find it!
 

Lincoln Park single family home sales up in 2015, median price over $1.5 million and two homes top $5 million

 The median price of Lincoln Park single family home is over $1,500,000 as of October 10th, 2015

A gorgeous home located on North Lakeview Ave facing the lakefront parks and North Pond (Photo Eric Rojas, Broker, Kale Realty).

 Lincoln Park Single Family Home Sales January 1st to October 10th, 2015.
163 single family homes (detached) have been recorded as closed in the MLS (MREDLLC.com) so far this year. This includes the historic row houses well known to eastern Lincoln Park. The median price for a house this year is about $1,588,000. 

The lowest sale this year is a coach house (a free standing property located behind the main house) at 218 W Saint Paul Ave , Chicago, Illinois 60614 for $400,000.  The foreclosure sale is in a great Old Town Triangle location. The second lowest sale is also a foreclosure coach house at 2615 N Halsted St, Chicago, Illinois 60614 for $426,000.  The lowest priced free standing single family main house (not a coach house) is 1952 N Bissell St , Chicago, Illinois 60614 for $575,000.  The small three bedrooms, two baths house on a 24'x60' lot backs up to the "L" tracks on Bissel and does not have dedicated parking.

The highest sale this year is  1874 N Orchard , Chicago, Illinois 60614 for $5,927,483. The extravagant 7 bedroom home with classic architecture sits on a 35'x131' lot.  Two homes have sold over $5 million and three homes have sold over $4 million this year.

Traditional architecture (new builds and renovations) dominate the housing sales in Lincoln Park (Photo on North Janssen, Eric Rojas, Broker, Kale Realty).

Over the same period in 2014, 156 single family homes sold with a median price about $1,550,000. This is a far cry from 2011 where 115 homes closed with a median price of about  $1,280,000.

Peterson Park and the Nature Center at North Park Village (plus home prices nearby)

Playing with two (of four) of my knuckleheads at the Peterson Park play-lot.  The kids were off school a day last week for teacher conferences. Photo Amalia Rojas, 6 yrs old.

The boathouse!

 Peterson Park field house, play-lot and sports facilities offer a lot to do inside and out. The park district facility located at 5801 N. Pulaski Rd.  Chicago, Illinois 60646 is uniquely hidden back on the large North Park Village complex. Read this great story written early this year about the history of North Park Village.

Good weather minus the sunshine.  It's a great "wilderness" setting to play a peaceful tennis match. There is a large athletic field used for soccer fields and well kept outdoor basketball hoops as well.

The Peterson Park field-house. The North Park Village complex is full of original brick buildings that adds to the aesthetic.

We popped into the Park District building for a bathroom break and table tennis before hitting the nature trail.

We pass a small trail on the way to the Nature Center

I charged the kids with finding the Nature Center building.

Found it!

Matching the artifacts with the descriptions.

Photos along the trail loop.  Lots of space to roam.

Deer walked right up to the trail for a close look.

Lots of places to sit along the trail.

Sales area around Peterson Park and North Park Village

Single family home sales near Peterson Park


About 84 homes have sold in a roughly 4 block radius of the large Peterson Park footprint. The area around the park covers parts of the North Park and Forest Glen community areas. Popular Sauganash and it's well rated schools are serviced by Peterson Park.   The median price of a single family home is about $320,000 within this area. A median price home can be move-in ready but most need updates or tend to a smaller bungalow or Georgian style at the median price.

With inner core neighborhood prices around the city center through the roof all the way out to Lincoln Square and North Center, North Park and Forest Glen (and their parks and schools) look like a pleasant value.