Monday, January 14, 2019

Density for the few: Median asking price for new Old Town condos about $2.5 million

The pricey condo development at the corner of North and Clark in Old Town. All photos Eric Rojas, Broker, Kale Realty

We took some construction pictures of Old Town's new high-end condo before and after the holiday season.  Fifteen Fifty on the Park is a 32 unit new construction condo building  just steps from historic landmark Germania Club buildingChicago History MuseumLatin School and Second City. Not to mention all the great Wells Street restaurants and the lakefront.  BuildingUpChicago.com has photos and info of the old structures and preservation on the site.

Germania Club building (with a lively Starbucks) in the foreground.  The 1550 N Clark Street construction crane looms high over the busy corner. 


There are presently 6 units listed on MLS starting at $1,625,000 for a 2 bed/2.1 bath 2300 SF to $5,650,000 for a 4 bedroom/4.1 bath 4518 SF penthouse unit. Heated garage parking is an additional $66,000 per spot. Check out the listings at Realtor.com

The desirable Latin School of Chicago is across the street from the new condos.  Our kids have played some basketball at the school over the past year.
Enjoy cultural events across the street at the Chicago History Museum
Check out just a few of our property sale videos nearby in Sandburg Village, Old Town and Old Town Triangle over the years. 

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