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| Condo buildings along Western Avenue in Lincoln Square |
My contractors and I made a visit to a client's Lincoln Square condo yesterday on Western Avenue. She needed help installing a closet system. I pulled our crew over from a nearby renovation to get it done quickly with no worries nor charge (we are grateful for our clients!). She bought the newer construction two beds, two baths condo unit with parking space for $299,900 six years ago. The idea was you get a newer, nicer condo for a discount due to the busy Western Ave. A similar unit in the building just sold for $400,000. She's not only comfortable but in a great equity position.
Lincoln Square condo sales on Western Avenue
Western Ave condo development has been popular due to it's central location in Lincoln Square. City zoning also allows for larger buildings and less parking spaces when in range of the CTA Western Brown Line (Transit Oriented Development). The corridor is a great opportunity to add much needed housing units.
Eight Lincoln Square condos have sold in the past 12 months with a Western Avenue address. The median price of a sold condo is a hefty $550,000. That's just the buildings listed on Western Ave. Several condo buildings that front North Western use a east/ west side street address (psssst we still know it's Western).
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| New construction condo building facing North Western Avenue but has a West Farragut Ave address 😉 |
The highest priced condo sold with a western address is 5442 N Western Unit 3A, Chicago IL 60625 for $832,000. The four beds duplex-up has terrific outdoor space. There is a higher sale in a building listed on West Farragut (but faces Western Ave) for $859,570.
Contact Eric Rojas, Broker to buy, sell, rent real estate in Chicago
Chicago Real Estate Broker with Kale Realty
Over $100M sold! Have a question... ask Eric!
Kale Realty 2447 N Ashland, Chicago IL 60614 in Lincoln Park
Illinois Licensed Real Estate Broker No. 475.126105
Fair Housing Opportunity
PH: 773-510-1597
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