As prices rise near the city center single family home rehabs have pushed out little further west and north. People looking for a city home are turning to Portage Park for a newly renovated four bedrooms homes under $600,000. Even under $500,000!
A quick look at Portage Park shows six of the eighteen new listings this week are gut rehabs (the 6 highest priced listings as well). The prices range from about $450,000 to $550,000. Portage Park has many pleasant tree lined streets, good parks and is close to 90/94 to get in and out of the city. I'm in Lincoln Square and the one thing I hate is how long it takes to get to highways!
(All market stats analyzed from MREDLLC.com)
Portage Park is mainly west of 90/94. |
(All market stats analyzed from MREDLLC.com)
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