The story in 2014 for Lincoln Square community area home sales was strong demand, low inventory. We may have seen a record sales price for a new construction home on a 37' x 125 lot size at $2,042,408. As of December 26th, 94 single family homes closed with a median price of $565,000. 123 homes closed for a median price of about $575,000 in 2013.
Top 5 Lincoln Square single family home sales in 2014
2149 W Wilson, Chicago IL 60625 pictured above while under construction. The house cracked the 2014 Top 5 sales list at $1,640,000 (Photo Eric Rojas, Broker, Kale Realty) |
1) 2168 W Windsor, Chicago IL 60625 at $2,042,408 (possible record for 37' x 125' lot)
2) 2015 W Giddings, Chicago IL 60625 at $1,945,000
3) 2020 W Leland, Chicago IL 60625 at $1,850,000
4) 2157 W Giddings, Chicago IL at $1,750,000
5) 2149 W Wilson, Chicago IL 60625 at $1,640,000
All Top 5 homes were new construction and built on 37' wide x 125' long lots (standard lots are 25' x 125'). 2030 W Leland is currently PENDING closing asking $1,649,000 and could crack the Top 5 if closed over $1,640,000 by year's end. The Top 3 sold houses were developed by Landrosh Development, LLC Lincoln Square's most prolific new house builder.
15 Lincoln Square homes sold over $1,000,000 thus far in 2014. In 2013, 15 homes sold over $1,000,000 as well over the same period.
15 Lincoln Square homes sold over $1,000,000 thus far in 2014. In 2013, 15 homes sold over $1,000,000 as well over the same period.
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