Rogers Park multi-unit sales, median price up 67% since 2014

We sold this Rogers Park two-flat earlier this year for $355,000... $5K over the asking price. All photos Eric Rojas, Broker, Kale Realty and VHT.com.

We recently sold a Rogers Park two-flat for an out of state client.  Rogers Park is seeing an upturn in their real estate as buyers are priced out of the Edgewater market.  Yet, those in Rogers Park get many of the same amenities from CTA access to the lakefront.

Rogers Park multi-unit sales (two-four flats) Jan 1st to Sept 21st

Eighteen two-four flats sold thus far in 2018 with a median price of $570,000.
Ten of those sales are two flats with a median price of $570,000.
Seven sales were three unit buildings with a median price about $570,000
One four unit building sold for only $312,000.  This looked more like an old frame two flat that had some small units carved out.

Over the same period in 2017, twenty-seven multi-units sold with a median price around $533,000.
In 2016, twenty-one multi-units sold with a median price of $455,000.
In 2015, twenty-seven multi-unit buildings sold with a median price of  $411,000.
Over the same period 2014, only eleven multi-units sold with a median price around $340,000.

The multi-unit segment of the Rogers Park housing market has really roared back!