Single family home sales in Old Irving Park (Sales record this year!)

 

There are many original custom built homes in Old Irving Park. In recent years the large lots have been attractive to luxury new construction home buyers moving from the tighter confines of Lincoln Park.

My clients are looking to buy a wide lot home in the Old Irving Park neighborhood of greater Irving Park Community Area. The area offers leafy streets and large lot homes close to two Metra stations and the CTA Blue Line.  Old Irving Park has a slower pace feel with less density and commotion than areas closer to downtown. There is less retail, restaurants and bars I'd consider walkable than alternative Chicago neighborhoods with comparable million dollar homes. The tranquility and easy train commute to downtown more than makes up for it! 

Old Irving Park Single Family Home Sales 2021

Old Irving Park neighborhood 

32 single family homes have closed so far this year (January 1st to September 29th, 2021). The median price of a sold home is about $625,000. Pricing trend has been up for the past five years with the peak median price last year at $670,000 

-Over the same period of 2020, 29 homes sold with an median price of about $670,000.

-2019, 34 homes sold with a median price of about $585,000
-2018, 33 homes sold with a median price of $565,000.

-2017, 41 homes sold with a median price of about $550,000

The highest priced sold home this year is 3713 North Tripp, Chicago IL 60641 for $2,249,000. This may be a record price recorded on the MLS for a resale home! There may be private, "off MLS" sales for higher amounts but I have not scanned recorded deeds.

The lowest priced home sold this year is 3712 North Lowell, Chicago IL 60641 for $320,000. 

Looking for a house? You gotta guy! erojas@kalerealty.com

Sold! Clients buy Lincoln Park townhouse near all the shopping (Market stats too)

We recently helped our clients buy 1810 N Fremont # 10, Chicago IL 60614 for $660,000. We viewed and secured the home prior to listing going on the open market! The townhouse development is located in the Ranch Triangle area of southeastern Lincoln Park known for is proximity to boutique shops and restaurants as well as big box retail and services along North Clybourn Avenue. All photos Eric Rojas, Broker, Kale Realty unless otherwise noted.

We've been busy in the Lincoln Park neighborhood this entire year. The neighborhood is desirable as ever and real estate demand seem to have no end.  We recently helped our clients purchase a Lincoln Park townhouse. Our clients were the first buyers to see the property "Pre-MLS" and offered immediately. In fact only half the buying couple saw it! They had lost out on at least two previous properties in multiple offer situations and were pumped to avoid competing with other buyers. 

The entrance to 1810 North Fremont townhomes in Lincoln Park.

Lincoln Park Townhouse sales

Townhomes are attached units but do not have a neighbor above or below. Townhomes are typically the closest thing to a single family home you can experience if a single family is out of the budget or the maintenance/ location of a house is not desirable to you. Some have condo associations with monthly assessments while others may be "fee-simple" and do not have the restrictions or shared maintenance of a condo association. I prefer a fee simple townhome that gives me the flexibility to rent out if desired.

-230 Lincoln Park townhomes sold so far this year (January 1st to September 24th, 2021). The median price is about $690,000. Only 157 townhomes sold over the same period of 2019 with a median price of  $709,900.

-36 townhomes are currently under contract with a median asking price of $689,900. 

-Want to live in Lincoln Park? You're in luck.  50 townhomes are currently for sale with a median asking price of about $779,000.

*Remember! We're full service buyer and listing Brokers. Please contact us direct at erojas@kalerealty.com to buy and sell property in Lincoln Park and the greater Chicago area*

Lakeview condo unit sales: We've had a few

All of Lakeview is densely populated and very walkable for most local residents... including my boys! It's no wonder the condo market remains extremely dynamic and popular each year. 

I was back in the Lakeview neighborhood over the weekend with our long time clients.  They would like to sell their East Lakeview (east of Halsted) two bedrooms condo they've owned for many years and upgrade to a larger unit. I've sold a few units this year around greater Lakeview and have been following the market closely. Over my many years as a Broker Lakeview demand has always been strong!

Our clients purchased a loft condo earlier this year at 1733 W Irving Park Road, Unit 314 Chicago IL 60613  for $268,000 in far north Lakeview.  This is one of four attached Lakeview units we have listed or represented in 2021. Photo VHT.com via Redfin.com

Lakeview condo sales (attached units, buildings under 50 units) January 1st to September 21st, 2021

-One beds: 125 one bedroom attached units closed so far this rear with a median price of about $212,000. Only 64 units sold over the same period of 2019.

-Two beds: 638 two bedrooms units closed for a robust median price of $420,000. Only 477 closed same period of 2020 and 436 closed over same period 2019.

-Three beds: 457 three beds units closed with a median price of $616,000. Only 266 sold over the same period 2019.

-Four beds or more: 97 four beds or more attached units sold with a median price of $875,000. Only 57 units sold over the same period 2019.

We sold a sunny, south facing Southport Corridor condo at 1432 West Roscoe Unit 2, Chicago IL 60657 in Lakeview earlier this year. We received offers after the first weekend on the market.

Our client purchased this attached, fully renovated fee simple rowhouse at 4103 N Hermitage, Chicago IL 60613  for $620,000 in a multiple offer earlier this year. The closest thing to a single family you can get with an awesome front and back yard... for a fraction of a house price! The peaceful northern Lakeview location is surrounded by million dollar homes.