Lincoln Park Condos

Lincoln Park condos & townhouses for sale

Thumbnail image for Lincoln Park condos & townhouses for sale April 29, 2010

The inventory of Lincoln Park condos and townhouses for sale is at a 2 year high. The chart below shows the distribution of prices for all those Lincoln Park condos and townhouses on the market. Most Lincoln Park studios for sale are priced between $100,000 and $200,000. Most Lincoln Park 1 bedroom condos for sale Click to continue...

Lincoln Park 3 bedroom condos for sale vs. sold median prices

Lincoln Park 3 Bedoom Condos For Sale March 11, 2010

It was pretty damp as I ran my errands in Lincoln Park this morning. A check of recent median list prices of Lincoln Park 3 bedroom condos (and townhouses) for sale shows that sellers are dampening their expectations. As shown below, the median list price trend line (red) for Lincoln Park 3 bedroom condos for Click to continue...

2 bedroom 1 bath vs. 2 bedroom 2 bath condos for sale in Chicago

Thumbnail image for 2 bedroom 1 bath vs. 2 bedroom 2 bath condos for sale in Chicago March 1, 2010

After meeting with some sellers this past weekend about selling their 2 bedroom 2 bath townhouse, I got to wondering about how much of a difference a second bathroom adds to the value of a 2 bedroom condo or townhouse for sale. My research in the multiple listing system on 2 bedroom resales for the Click to continue...

More Lincoln Park 3 bedroom 2 bath condos for sale than last year

Thumbnail image for More Lincoln Park 3 bedroom 2 bath condos for sale than last year December 20, 2009

As shown below, there are more 3 bedroom 2 bath condos and townhouses for sale in Lincoln Park now than a year ago.* This is in contrast to the overall inventory of Chicago Metro Area homes for sale which reached 2 year lows in November. The inventory of Lincoln Park 3 bedroom 2 bath condos Click to continue...

Financing options for some new Chicago condos improving

October 5, 2009

Crain’s Chicago Business is reporting that some new condo developments in areas including River North, Lincoln Park, and the West Loop are offering low interest, low down payment financing to spur sales. Tightened financing for new condo developments has been holding back sales so the banks that financed the developers are now offering attractive financing Click to continue...

Median 1 Bedroom Sales Prices From Lincoln Park up to Rogers Park

July 31, 2009

This week I talked with a gentleman who current rents in the South Loop. He’d like to buy a one bedroom condo on the north side. I explained that as you get farther north prices tend to get lower. A check of median one bedroom condo sale prices for the past 6 months confirms this.* Click to continue...

2 Bedroom Condo Prices Drop Nearly 7% in Lincoln Park

April 13, 2009

The other day I passed some clients’ former 2 bedroom condo in Lincoln Park. They sold it last year and took advantage of this market to move up to a newer 3 bedroom condo in the South Loop. Out of curiosity, I took at peek at where 2 bedrooms condos in their former building are Click to continue...

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