Looking up! Avondale condo median price up 32% from 2015

Avondale views from a balcony on North Kimball near the Belmont CTA Blue Line. All photos Eric Rojas, Broker, Kale Realty

Our client recently secured a purchase contract on a newer construction condo in the Avondale neighborhood. The contract is currently in attorney review and inspection. Avondale has been a popular alternative to the red hot Logan Square neighborhood to the south. Development has benefitted from access to the CTA Blue Line and highways... while the area remains relatively affordable to artists, musicians, creatives and the working class who've long immigrated northwest to the neighborhood.

It's a good time to take a look at recent attached units (condo, townhouse) sales in Avondale.

Our client jumped on a new listing featuring a full, private roof top deck. All photos Eric Rojas, Broker, Kale Realty 

167 condos were sold in the Avondale neighborhood in 2020. The median price of a sold condo over that period is $365,000.  That's up 32% since 2015. The highest priced sold attached unit is 3113 N Karlov Unit 3-4, Chicago IL 60641 for $646,721. The new construction townhouse has size and private backyard outdoor space. The lowest priced sale is 4009 West Nelson Unit 9C for $92,000. The one bedroom, one bath unit is located in the far western border of Avondale a bit far from the Blue Line.

2019, 172 condos sold with a median price of $370,000
2018, 190 condos sold with a median price of $345,000
2017, 176 condos sold with a median price of $312,000
2016, 158 condos sold with a median price of $279,000
2015, 167 condos sold with a median price of about $276,000