The Chicago Real Estate Local

Improved price! Evanston co-op apartment with renovated kitchen, garage parking $177,000

noreply@blogger.com (Eric Rojas) — Thu, 23 Apr 2026 00:07:00 +0000

1585 Ridge, Unit 410, Evanston IL 60201 asking $177,000

Check out the video walk-through of our latest Evanston co-op apartment listing. Better than condo living! I really love this downtown location. Read some of the details below. You will not find a better quality of living for a lower price point in town. After looking at dozens of Evanston buildings I really believe this is truly a comfortable and pleasant building.

Sophisticated and spacious two bedrooms, one bath co-op apartment in downtown Evanston!

HEATED GARAGE PARKING INCLUDED. Elevator building with additional freight elevator.

Attractive, well appointed kitchen with dishwasher.

Lovely renovated kitchen with tons of storage and pantry cabinet. Unit 410 features include: two bedrooms, one bath large closets, hardwood floors, newer replacement windows, large rooms, remodeled kitchen with dishwasher, pantry, built-in AC units, storage unit. Bathroom is vintage and solid condition. Common area service closet just outside kitchen door with large utility sink and access to the freight elevator!

Large living and dining space.

Fantastic location only .03 miles from Davis METRA and CTA Davis Purple Line, Target, AMC Theatres and dozens restaurants, cafes and services. Close to the lakefront and the Northwestern University campus.

Two large bedrooms

Excellent building includes: Spotless lobby- Laundry room -Bike Storage - Elevator - Common patio - Amazing live-in building engineer - Professional management - Updated electrical service. **No Pets - No Rentals** - Board interview upon purchase - Financing options available at 20% or more down Monthly Assessment of $931/month INCLUDES: Real Estate TAXES, HEAT, ELECTRIC, Water, Building management, Snow removal, Common insurance, Landscaping.

More details and photos at the property flyer HERE Link will expire when sold.

Exclusive listing by:

Eric Rojas, Broker, Kale Realty

2447 N Ashland, Chicago IL 60614

Illinois Licensed Real Estate Broker No. 475.126105

Fair Housing Opportunity

CONTACT: erojas@kalerealty.com

Ask Eric! 20yrs and over $110M personally sold.

 #ericrojasblog #kalerealty

Sold! Lincoln Square penthouse condo with full roof deck $950,000

noreply@blogger.com (Eric Rojas) — Tue, 21 Apr 2026 17:10:00 +0000

Unobstructed Welles Park views from the front terrace at 2405 W Sunnyside, Unit 5S, Chicago IL 60625 in the Lincoln Square neighborhood. All photos Eric Rojas, Broker, Kale Realty

We recently helped our client purchase a top floor new construction condo in Lincoln Square. Our downsizing couple wanted a top floor unit in an elevator building; "the best". With little re-sale inventory available in the area we turned to buildings in development. We were able to view and secure the three bedrooms, two baths home with full rooftop deck the day it hit the open market. The eight residential units at 2405 West Sunnyside sold out quickly.

Our clients appreciated the finish level and design. They did not have to pick anything out... a plus for them. The developer and listing agents worked with us on several important modifications to accommodate the buyers.

The unit features a full side roof deck with interior staircase and dry bar on the landing. The park and surrounding views are unobstructed with a clear shot of the Chicago skyline. Although we conducted the final walk-through on a rainy morning I still spent a few moments up there!

View of the skyline from 2405 West Sunnyside Unit 5S in late February.

Three bedrooms or more condo sales in Lincoln Square

77 attached units with at least three bedrooms (condo, townhouse) sold in the last 12 months in Lincoln Square. The median price of a sale is about $665,000.

The highest priced sale in the last 12 months was 2307 W Foster Avenue Unit 3, Chicago IL 60625 for $1,180,000. The lowest three bedroom condo sale was 5445 N California Unit 1B, Chicago IL for $212,000.

Eight units sold for over $900,000 over the last 12 months.

Questions on new construction or re-sale purchases? Need real estate related vendors, lenders or attorneys? To sell or purchase condos, single family homes, multi-units and land in and around Lincoln Square and all neighborhoods of Chicago please reach out to Eric Rojas, Broker, Kale Realty at erojas@kalerealty.com.

For rent! Gorgeous Lincoln Square two beds, one bath in two-flat $2,600

noreply@blogger.com (Eric Rojas) — Tue, 16 Dec 2025 20:25:00 +0000

FOR RENT: Lincoln Square – 2BD / 1BA – $2,600

https://smyl.mredllc.com/listings/MTI1MzA3NjE6MTU3OTUw

2548 W Argyle Street, Unit 1, Chicago IL 60625, two beds, one bath $2,600/ month.

Available Immediately / January

This is a beautiful home with top notch renovations.

Prime location in the heart of Lincoln Square! Bright, spacious first-floor unit in an owner-occupied two-flat near Lincoln and Argyle. Fully rehabbed in 2022, 1st floor, 2-bedroom, 1-bath home features:

-Large bedrooms (12’x9’ and 11’x9’)

-Central heat & AC (tenant-controlled).

-In-unit laundry.

-Eat-in kitchen with exposed brick, stainless steel appliances, walk-in pantry, and dishwasher.

-Hardwood floors throughout.

-Ample in-unit storage with custom closets.

-Large private deck and shared backyard.

Easy street parking. Short walk to the CTA Brown Line and 24-hour Lawrence & Western buses.

Details:

-No pets, no smoking, no assigned parking

-$500 non-refundable move-in fee

-Credit score 700+ and tenant monthly income 3x rent required

-Prefer lease through 3/31/27

-Tenant application, credit & background check required $65.00 per tenant on lease.

*DO NOT give money to anyone claiming to have keys for this property. Licensed Broker Eric Rojas must personally meet at property for showing and you must fill out the tenant application and screening. 1st month's rent check will be payable to KALE REALTY only after full approval process!*

Exclusive listing by:

Eric Rojas, Broker, Kale Realty

2447 N Ashland, Chicago IL 60614

Illinois Licensed Real Estate Broker No. 475.126105

Fair Housing Opportunity

CONTACT: erojas@kalerealty.com

Ask Eric! 20yrs and over $110M personally sold.

#lincolnsquare #ForRent #ericrojasblog #kalerealty

Look in! Lincoln Square single family home sales 2025

noreply@blogger.com (Eric Rojas) — Fri, 05 Dec 2025 20:47:00 +0000

Homes on West Winona in Lincoln Square (all photos Eric Rojas, Broker, Kale Realty)

Although not over yet, 2025 is another year of rising single family home prices in Chicago and the Chicago Metro market surrounding six counties. My prediction is we'll continue to see super high demand for single family homes at the current prices as new listing slowly drip to market in the new year.

Let's dial down and take a quick look at single home sales though October in the extremely popular Lincoln Square neighborhood.

Median price of a sold single family home is up 3.5% year to date at $1,100,000. The closed sale price percentage compared to asking price is up to 101.3%! That means there were a lot of multiple purchase offers resulting in sale price over the original listing price.

Year to year in 2024 about 8% of homes sold for over $2M in Lincoln Square.

In 2025 through October 10% of single family homes sold over $2M.

The numbers clearly show a super tight and competitive single family home sale market in Lincoln Square through October this year. Number of unit listings, closed sales and market time (- 42%!) were all down year over year. We are preparing our client sales and purchase plans now for the new year.

If you are looking to buy or sell any property in Lincoln Square of any Chicago neighborhood or near suburb contact my team at erojas@kalerealty,com

Questions? Just ask Eric!

SOLD! Lincoln Park two beds, two baths high-rise condo with open kitchen and views

noreply@blogger.com (Eric Rojas) — Wed, 17 Sep 2025 17:43:00 +0000

Renovated kitchen open to the huge living room. All photos Eric Rojas, Broker, Kale Realty
View photos and details of 2626 N Lakeview, Unit 2012, Chicago IL 60614 sold for $400,000

We recently listed and sold a fantastic two beds, two baths condo at 2626 N Lakeview, Chicago IL 60614 in Lincoln Park. Our clients are on their way to the burbs! We helped plan and execute key renovations to the bathrooms in addition to minor repairs and fresh painting. We received a couple quick offers and our client accepted an offer just over full price at $400,000. This well run building has an A+ location with amazing recreation, dining and services steps from the door!

Views of Diversey Harbor from the unit

2626 N Lakeview condo sales over the last twelve months

25 units have sold in the building with a median price of about $250,000. The median price of two bedroom, two bath units specifically is about $385,000. The highest priced unit has three beds and two and one-half baths closing at $540,000. The lowest priced unit has one bed and one bath and closed for $126,000. Currently there are two units under contract with Unit 2103 asking $695,000.Two condos are for sale in the building including Unit 2703 asking $825,000.

- Median price for a two beds, two baths Lincoln Park high-rise condo is about $420,000.

- The median price for a two beds, two baths condo sold in all of Lincoln Park over the last 12 months is about $610,000!

Contact me for more information!

Eric Rojas, Broker

Kale Realty

2447 N Ashland, Chicago IL 60614

773-510-1597

erojas@kalerealty.com

SOLD! Jefferson Park two-flat with central air, dishwashers and separate utilities

noreply@blogger.com (Eric Rojas) — Wed, 10 Sep 2025 23:50:00 +0000

It was a total blast helping friends and their family secure a two-flat for multi-generational living. Not only is it good for aging in place but also helps save money and build wealth. All photos Eric Rojas, Kale Realty or used with permission.

I 'm very happy to have helped my clients (and friends) purchase a Jefferson Park a two-flat on the North Side for multi-generational living. This was a special search in a competitive market. The home had to meet the needs of several family members. It took financial planning, aggressive scheduling, several offers and long negotiations. Super excited to have to assisted in a huge milestone!

Jefferson Park Two-Flat Sales

-Median price of a two-flat is up about 5% this year. 27 two-flat buildings sold in Jefferson Park from Jan 1st to September 5th of 2025 (recorded in our MLS). The median price of a closed two-flat is about $560,000. 24 units sold over the same period last year with a median price of about $536,000.

-Median price of a sold three-flat over the same period is $670,000.

-Currently there are five small multi-units (2-4 units) for sale in Jefferson Park with a median price of about $580,000.

More posts on Jefferson Park / Portage Park here

Contact me to buy and sell Chicago and suburban properties!

Eric Rojas, Broker

Kale Realty

2447 N Ashland, Chicago IL 60614

773-510-1597

erojas@kalerealty.com

Sold! Two beds Lakeview condo with parking $440,000

noreply@blogger.com (Eric Rojas) — Tue, 09 Sep 2025 22:08:00 +0000

The living room at 731 W Buckingham Unit #12, Chicago IL 60657. The vintage unit had been transformed into a peaceful, bright and modern home. All photos Eric Rojas, Broker, Kale Realty.

We recently listed and sold a two bedroom condo with exterior parking spot included at 731 W Buckingham #12 in East Lakeview (non-high rise buildings). The sale price was $440,000 after multiple offers.. The median price of a comparable condo in Lakeview is about $400,000 (two beds, one bath, exterior parking space included) in a non-high rise building.

Lakeview two beds, one bath condo sales (non-high rise)
- About 29 two beds, one bath condos with exterior parking (non-high rise) sold from January 1st to September 5th of this year. with a median price of about $400,000.

- 39 two beds, one bath condos (non-high rise) WITHOUT parking sold with a median price about $370,000.

- 8 like kind condos sold including a garage space for a median price of about $412,000 over the same period.

Fully renovated kitchen with

731 W Buckingham #12 has it all... parking, huge deck, storage and central heat and AC!

Contact me for more information!

Eric Rojas, Broker

Kale Realty

2447 N Ashland, Chicago IL 60614

773-510-1597

erojas@kalerealty.com

Portage Park, Chicago home sales (median price up 6% at $450,000)

noreply@blogger.com (Eric Rojas) — Mon, 08 Sep 2025 15:11:00 +0000

A mix of frame and brick home of various price range line the leafy blocks of Portage Park. I took the photo above in the further western portion of the neighborhood near Wright College, Merrimac Park and Ridgemoor Country Club

I was in the Portage Park community area again last week evaluating a potential home sale. The neighborhood remains a relatively affordable option on the North Side. The area provides access to both city and suburban amenities including private high schools, shopping, golf clubs and universities. The eastern edge is close to Metra stations.

Portage Park Single Family Home Sales January 1st to September 5th, 2025

Portage Park community area

198 single family homes (detached) have sold from January 1st to September 8th, 2025 with a median price of $450,000. The highest priced home sold over this period is 4740 N Lotus for $975,000. The 50' wide lot and full restoration/ renovation netted the highest Portage Park single family home sale ever (as far and I can see). The least expensive home sold during this period is 5624 W Eastwood for $195,000. The small frame home is on a standard 25'x125' lot.

Portage Park single family homes sales are down 40 units over same period 2024. Median price is up almost 6% year over year. Less property traded hands while purchase price is up.

To buy or sell Portage Park and North Side and near suburbs homes with low commissions please contact me at erojas@kalerealty.com

Sneak peek! New, spacious Lincoln Park high-rise condo with lake and city views (not on MLS)

noreply@blogger.com (Eric Rojas) — Fri, 06 Jun 2025 17:53:00 +0000

Spacious living room with Diversey Harbor and city views.

Sneak peek! Wow factor! Take the 3D Tour! 2626 N Lakeview, Unit 2012, Chicago IL 60614 will be hitting the public market early this summer asking $399,900. The two beds, two baths high floor corner home features fresh paint, renovated open kitchen, refreshed baths and awesome closet space. It's all about lakefront living in this gorgeous Lincoln Park condo.

Asking $399,900. Taxes $6,474.85. Monthly assessment $1,236.39 includes 24/hr doorman, heat, water, cable, Internet, common insurance, maintenance, sky deck. Large laundry facility. Fitness room, outdoor pool and valet garage parking all on premise for extra fee.

Amazing lake and harbor views from the living room.

The building features outdoor swimming pool, fitness room, 24hr doorman, valet garage parking and renovated lobby. Photo link here

Huge windows provide city views as far as the eye can see.

Large space for dining table in this light and bright unit.

The open kitchen and huge peninsula island look over the living space.

Modern open kitchen with large widow.

Great setting to work your kitchen magic.

The primary suite has wrap around windows with 180 degree views and walk-in closet.

Refreshed primary suite bathroom.

2nd bedroom with awesome views and walk-in closet.

Outdoor rooftop pool!

Primary bedroom suite views.

Northwest city views from the living room.

Exclusively listed by

Contact me for more information!

Eric Rojas, Broker

Kale Realty

2447 N Ashland, Chicago IL 60614

773-510-1597

erojas@kalerealty.com

Closed! Lincoln Square townhouse with two car garage

noreply@blogger.com (Eric Rojas) — Fri, 06 Jun 2025 15:15:00 +0000

Our client closed on this popular Bowmanville neighborhood townhouse in the Lincoln Square Community Area. The large corner home has spacious rooms, great light, large main floor deck, rooftop deck and rare two-car attached garage!

This spring market has been incredibly competitive for buyers. 5350 N Damen, Unit F, Chicago IL 60625 closed for $596,000 after our clients won a multi-offer situation. Getting in a quick, professional and very strong offer helped them over the top. The median price of a closed townhouse in Lincoln Square area is about $600,000 over the past twelve months.

We're grateful for our clients effort and collaboration! It can be exhausting battling it out all spring. If you need help securing a home or need to sell your home with a full service broker at fair commissions please reach out to us! Erojas@kalerealty.com

Eric Rojas, Broker

Kale Realty

2447 N Ashland, Chicago IL 60614

773-510-1597

erojas@kalerealty.com

Lakeview condo sales run hot in 1st Quarter 2025, unit sales up 20%

noreply@blogger.com (Eric Rojas) — Tue, 15 Apr 2025 18:27:00 +0000

Gorgeous vintage buildings on the 700 Block of West Buckingham Place. Condo sales have been furious to in First Quarter 2025. All photos Eric Rojas, Broker, Kale Realty

It's not hyperbole when I say ALL the real estate markets we work in were very hot in the first quarter of this year. Despite relatively low inventory, rising prices and stagnant mortgage interest rates condos have been selling swiftly in Chicago North Side neighborhoods. We've been monitoring the market closely while preparing two Lakeview condo listings coming on soon.

Lakeview Condo Sales January 1st to March 31st, 2025

317 condos sold on the MLS over first quarter of 2025. The median price of a Lakeview condo was $450,000 over that time. Only 263 condos sold first quarter last year over the same period with a median price of $405,000. Unit sales are up 20% year over year and median price up 11%.

The highest priced sold condo this year was 3930 N Janssen, Unit 1s, Chicago IL 60613 for $1,750,000.

The lowest priced sold condo was 3600 N Lake Shore Drive, Unit 605, Chicago IL 60613 for $120,000.

Lincoln Park new construction condo sales, median price $1.3M

noreply@blogger.com (Eric Rojas) — Wed, 02 Apr 2025 14:42:00 +0000

A new construction condo building rises on the 400 Block of West St. James Place this spring in Lincoln Park. There is no active listing for this project. We do the footwork to find out the sale details for our clients for listed and unlisted new construction. All photos Eric Rojas, Broker, Kale Realty

We have clients looking exclusively for a new construction condo in Lincoln Park. Buying new comes with a premium. Searching for new construction also requires a lot of networking with developers and agents as many units will go under contract before hitting the MLS. When using a general MLS search we can add new construction classification to the criteria.

17 condos (attached unit and townhomes) listed as new construction in our MLS (MREDLLC.com) have closed in the first quarter of this year (January 1st to March 31st). The median price of a sold new construction unit is about $1.3M.
In the entire year of 2024, 25 attached new construction condo units closed over with a median price of about $1.5M. The least expensive unit to sell was a two beds, two baths at 2559 N Marshfield #2 for $759,000.
9 new construction condos are currently listed for sale with asking prices ranging from $899,000 to $3,500,000. I've identified another five or six new construction projects listed on MLS Private Network. Additionally, there are unlisted projects going up and in development.
15 condo units are currently listed as under contract on the MLS from $739,000 to $3,350,000.

Lincoln Park high-rise condo sales this year, 50+ unit buildings

noreply@blogger.com (Eric Rojas) — Thu, 27 Mar 2025 16:58:00 +0000

We'll be listing a two beds, two baths condo in one of Lincoln park's popular high-rise buildings this spring. The unit overlooks Lake Michigan and Diversey Harbor. High-rise living by Chicago's lakefront is a distinct and fulfilling option for those looking to take advantage of city living while enjoying an active, outdoor lifestyle at your door front!

2626 N Lakeview in Lincoln Park.

Lincoln Park high-rise condo sales (50+ unit buildings) Jan 1st - March 26th, 2025

42 high-rise condo have sold in buildings with 50+ units from from January 1st to March 26th of this year. The median price of a sold unit is about $310,000. Condo units with at lease two bedrooms sold with a median price of about $425,000.

Over-all median price is up about $20,000 over same period of 2024. Units sales are down about 10 condos from same period 2024.

While the purchase price of Lincoln Park high-rise condos trend below those in smaller buildings the monthly assessments and amenities of each building vary greatly. It helps to use a good lender's spreadsheet to input all the variables included (or not) in the assessment. Common factors are mortgage principal, interest, property taxes, utilities, fitness room, parking and insurance.

The North Pond early this month just steps from 2626 N Lakeview in Lincoln Park. There is no comparison to having our beautiful lakefront, trails, ponds and amenities outside your door!

Contact me at erojas@kalerealty.com to buy or sell in Lincoln Park and surrounding neighborhoods.

Lincoln Square small multi-unit sales, two-four flats

noreply@blogger.com (Eric Rojas) — Thu, 27 Mar 2025 15:01:00 +0000

The 2700 block of West Giddings is lined with small multi-units. The peaceful street ends at the river to the west. All photos Eric Rojas, Broker, Kale Realty

Our client would like to buy a small multi-unit in Lincoln Square. The plan is to be a live-in owner (also known as an owner-operator). They have experience owning a house in another state and see a multi-unit as more affordable than a Lincoln Square house and a better value than a condo purchase. In most cases they will be able to use 75% of current rental income from the building towards qualifying for a larger home loan. Ask me about owning multi-units and reach out to my lender Steve Dunnett to learn about financing options stevedunnett@greenstate.org

Lincoln Square Multi-unit sales (two-four units) over the last 12 months

51 small multi-units sold in Lincoln Square over the last 12 months. The median price of a sold two-four units building is about $800,000.

Two-flats: 31 Lincoln Square two-flats have sold in the last 12 months. The median price is about $750,000. Most buildings sold in the median price range need a lot of maintenance and updating. Five of the two-flat buildings sold for over one million ($1,000,000).

Three-flats: 15 three-flats sold with a median price of $835,000.

Four-flats: 5 four-flats sold with a median price of $950,000

Currently 5 multi-units are for sale in Lincoln Square while 10 are under contract.

To purchase, lease or sell real estate in Lincoln Square or surrounding neighborhoods and suburbs please reach out to me erojas@kalerealty.com

SmartBuy mortgage program can help eliminate student loan debt!

noreply@blogger.com (Eric Rojas) — Tue, 14 Jan 2025 19:32:00 +0000

Turn your student loan debt into a home ownership! We work with our lenders concerning many homebuyer and mortgage programs. The SmartBuy program is an awesome opportunity for would be home buyers carrying student loan debt. Check out the link above and contact my loan officer Steve Dunnett.

Illinois residential real estate sales trend up late last year

noreply@blogger.com (Eric Rojas) — Mon, 13 Jan 2025 20:22:00 +0000

I mostly post about our local city markets. Looking at more macro trends in the state can help form our client strategy. Unit sales were trending up late last year. My guess is we'll have an active early spring despite stagnant mortgage interest rates.

We spend a lot of time in January doing research for our clients. Many are planning to buy, sell or rent a property early this year. I've been posting some local neighborhood stats and looking at over-all trends. Unit sales and median price were up in Illinois late last year.

December official numbers are not out yet (maybe tomorrow). However, November numbers in Illinois were up. Most interesting was unit sales have trended up year over year. Despite mortgage interest rates trending in the higher 6% range, inventory and sale loosed up a bit. We also saw an over 7% jump in median price of a sold residential property!

Chicago Real Estate Local on Facebook

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
erojas@kalerealty.com

Lincoln Park condo sales fourth quarter 2024

noreply@blogger.com (Eric Rojas) — Wed, 08 Jan 2025 18:35:00 +0000

Photo of one interior at 1307 W Wrightwood, Lincoln park by Eric Rojas, Broker, Kale Realty

New year, new condo buyers! Let's take a look at one of our favorite markets to work... Lincoln Park!

Lincoln Park Condo (Attached Unit, Townhouse) Sales Fourth Quarter 2024
220 condos sold in Lincoln Park from October 1st to December 31st last year. Median price for a condo sale was $590,000. That's a jump form 172 unit sales over the fourth quarter 2023.

The highest priced condo sale in fourth quarter was 2035 N Orleans St Unit PH-W, Chicago, IL 60614 sold for $4,500,000.

The lowest priced condo sold was 2626 N Lakeview Ave, Unit 410, Chicago IL 60614 for $126,000 (cash).

Our local MLS and Illinois Realtors sales numbers showed an increase in residential unit sales over the fourth Quarter of 2024 across the state and Chicago Metro Area. Illinois residential unit sales were up 2.8% in November year over year. Chicago Metro are sales were up 2.9% in November with the median price of a sold residential property up 7.8%. That bucked the recent trend of decline in total unit sales due to low inventory and relatively high interest rates.

Contact Eric Rojas, Broker to buy or sell

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

erojas@kalerealty.com

PH: 773-510-1597

https://www.facebook.com/chicagorealestatelocal

First Lincoln Square condo sells for over $1M (but median price for attached units slips)

noreply@blogger.com (Eric Rojas) — Tue, 10 Dec 2024 21:26:00 +0000

A top floor unit at 4854 N Damen in Chicago's Lincoln Square neighborhood has sold for $1,057,000. It appears to be a record price. Photo Realtor.com and VHT.com

Last week I looked at Lincoln Square condo sales specifically on North Western Avenue. I buried the lead! An attached condo sold for $1M for the first time in Lincoln Square. There had been a couple new construction units closed at $940,000 in 2021 (the precious record) but nothing over a million until this summer.

4854 N Damen Unit 3, Chicago IL 60625 sold for $1,057,000 earlier this year. The "duplex-up" penthouse features a 2nd floor family room and amazing walk-out terrace. It appears to be a record price sale for any attached unit (condo, townhouse) listed on the MLS in Lincoln Square. Despite the milestone, overall median price of a sold attached unit decreased 3.5% year over year. This could be due to high mortgage interest rates putting pressure on overall pricing or simply lower-end options becoming more readily available on the market.

Lincoln Square Condo Sales
Overall 240 attached units (condo and townhouse) have sold in Lincoln Square from January 1st to December 6th this year. The median price of a sold attached unit is about $351,000. Attached units with two bedrooms have a median of $320,000. Units with three beds have a median of $570K.

Surprisingly the median price for a sold Lincoln Square attached unit dropped 3.5% year to year from $364,000 in 2023 to $351,000 in 2024. Median price for an attached unit same period in 2022 was $315,000 and $308,000 in 2021.

Eric Rojas, Broker

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

erojas@kalerealty.com

PH: 773-510-1597

Follow me at Facebook

Lincoln Square condo sales on North Western Avenue reach $850,000

noreply@blogger.com (Eric Rojas) — Tue, 03 Dec 2024 20:31:00 +0000

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).

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

erojas@kalerealty.com

PH: 773-510-1597

Follow me on Facebook

Logan Square single family home median price up 100% over ten years ago

noreply@blogger.com (Eric Rojas) — Sun, 24 Nov 2024 17:21:00 +0000

Large traditional homes in Logan Square, Chicago

I recently met with clients at their Logan Square home. I worked with them as their buyer's agent during the the supercharged 2021 season. They asked me to come by and consult on home improvements and it's affect on re-sale value. I'm always eager to provide prospective to my clients before big decisions!

Logan Square Home Sales

200 Logan Square single family homes were sold on the MLS from January 1st to November 22nd this year. The median sales price is about $1,080,000. The median is slightly up from the same period last year ($1,012,000). It does mark two straight years Logan Square single family homes have hit the $1M median price mark.

In 2021 - when my clients bought their home - about 300 single family homes sold with a median price of $880,000.

Over the same period in 2014 the median price of a single family home in Logan square was $529,000! In ten years the median price is up over 100%.

Eric Rojas, 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

erojas@kalerealty.com

PH: 773-510-1597

Lincoln Square house median price over one million dollars (Chicago)

noreply@blogger.com (Eric Rojas) — Wed, 20 Nov 2024 20:59:00 +0000

The median price of a single family home in Lincoln Square Community Area is about $1,050,000 this year. When we moved to Lincoln Square permanently in 2007 the median price of a sold home was $615,000. I've watched many changes in Lincoln Square to the streets, business, schools, politics... and the real estate!

Lincoln Square area map via Chicago Cityscape The area sprawls West Montrose to West Peterson and North Ravenswood all the way west to the North Branch Chicago River.

95 single family homes have sold from January 1st to November 15th, 2024. The median price is about $1,050,000. Seven single family homes have closed over $2M and one house closed for $3.8M.

Over the same period last year (2023) only 75 homes closed with a median price of about $1,020,000.

Homes in the furthest northwest portion of Lincoln Square sell for considerably less than those in the southeast portion. Proximity to the CTA Brown Line, Metra and retail/ shopping has much to do with the value discrepancy. For instance, homes NORTH of West Foster Avenue and WEST of North Western Avenue have a median closed price of about $561,000. While homes SOUTH of West Foster Avenue and EAST of North Western Avenue have a median sales price of $1.2M.

To buy, sell, rent or if you have nay questions involving real estate (attorneys, condo associations, improvements) please reach out to me! Ask Eric!

Eric Rojas, Broker

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
erojas@kalerealty.com
Ph: 773-510-1597

Recent Albany Park single family home sales

noreply@blogger.com (Eric Rojas) — Wed, 06 Nov 2024 16:14:00 +0000

Kedzie CTA Brown Line station in Albany Park 4648 N Kedzie, Chicago IL 60625. This strip of Kedzie has slowly churned out retail and residential developments despite it's fantastic proximity to transportation. Homes just east of North Kedzie have higher value than homes west of Kedzie in the Greater Albany Park Community Area. All photos Eric Rojas, Broker, Kale Realty

A client will need to sell her parents long time single family home in Albany Park Community Area. We looked at the immediate comparable sales for the house based on location, condition, current market trends and client goals. I also checked out recent sales in greater Albany Park.

Albany Park single family homes sales January 1st to October 31st.

Brick bungalows in the eastern portion of Albany Park

95 single family homes have sold in Albany Park from January 1st to October 31st, 2024. The median price this year is $520,000. Over the same period of 2023, 96 single family homes sold with a median price of $518K. Two year sales are as even as you can get in any Chicago community area.

In 2022, 115 single family homes sold with a median price of $550,000. The high amount of closings and high median price are a reflection of the low mortgage interest rates of 2021 and 2022. The low rates were a supercharger especially for relatively affordable neighborhoods further out from the Chicago lakefront.

In 2021, 133 homes sold with a median price of $495,000

Values can swing from eastern Albany Park's Ravenswood Manor neighborhood along the river to the western edge near North Pulaski Road.

Over the past twelve months 18 homes sold in the smaller area of Albany Park east of Kedzie. The median price of a closed house is $800,000. 90 single family homes closed west of Kedzie with a median price of $465,000.

To buy and sell Albany Park properties and real estate all over the North Side, Loop and near suburbs contact:

Eric Rojas, Broker

Kale Realty

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

erojas@kalerealty.com

PH: 773-510-1597

Rented! North Center three beds, one bath apartment with huge deck! $2,550/ month

noreply@blogger.com (Eric Rojas) — Mon, 28 Oct 2024 15:20:00 +0000

The living room at 4022 N Western, Unit 2, Chicago IL 60618 All photos and exclusively listed by
Eric Rojas, Broker, Kale Realty

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We recently helped our client lease a North Center three bedrooms apartment to great tenants. The two-flat building features a restaurant on the main level and an apartment on the second floor. We advised on needed updates and repairs to receive top monthly rent and arranged contractors to do the work. We found a perfect fit for the property owner through local advertising on our social media channels and our tenant application process.

North Center rental prices over the last twelve months

The median price of a one bedroom rental in North Center is about $1,700 per month. A unique 1,800 sq/ft loft with garage parking rented for as high as $3,600 / month.

Two bedroom rental apartments have a median price of $2,200 / month.

Three bedrooms or more units have a median rent price of about $3,600 a month (this includes single family homes). The lowest priced single family home rental over the past twelve months is $3,800 / month.

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

erojas@kalerealty.com

PH: 773-510-1597

Evanston co-op apartments half the price of a condo purchase ($160,000 vs $300,000!)

noreply@blogger.com (Eric Rojas) — Fri, 11 Oct 2024 21:42:00 +0000

The living room at 1585 N Ridge, Unit 411, Evanston, IL 60201. We sold the large one bedroom, one bathroom unit pre-MLS for $130,000 Eric Rojas, Broker, Kale Realty

Cooperative apartments in Evanston might be the value you have been looking for in our relatively expensive Chicago and North Shore housing markets. Is a co-op apartment for you?

- 41 co-op apartments sold in Evanston over the last 12 months.
- The median price of a sold co-op is about $165,000.
- Over the same period 397 condos sold with a median price of $300,000.

Check out some of the differences purchasing into a co-op apartment building.

Contact me to buy, sell, rent or invest in Chicago and near suburban real estate. erojas@kalerealty.com

We recently sold three Evanston Co-Op apartments... ask me about Co-Ops!

noreply@blogger.com (Eric Rojas) — Thu, 10 Oct 2024 21:34:00 +0000

The kitchen at 1585 Ridge Avenue, Unit 310, Evanston, IL 60201 pictured above. The two beds, one bath Unit 310 sold for our list price of $149,900. We worked with three separate Co-Op apartment sellers in the same building earlier this year. All photos Eric Rojas, Broker, Kale Realty or VHT.com

We recently sold three Evanston co-op apartments. Apartment cooperative (co-op) ownership is different than condo ownership. We help you understand the difference so you don't make a Co-OOOPS!

"You’re buying shares in the nonprofit corporation that owns the building. You’ll receive stock instead of a title as you would with a traditional home purchase" as described by Rocket Mortgage. The nonprofit corporation has much more control and "leeway" concerning the apartment building rules, regulations and final decision in approving a sale of those company shares.

The living room at 1585 Ridge Avenue, Unit 411, Evanston, IL 60201 pictured above. We sold the large one bed, one bath unit to a well qualified buyer for $130,000 prior to the unit hitting the MLS.

Some "Pros" to buying a co-op in Evanston or Chicago can be the price and stability. Due to often stricter rules and stricter conditions buying into a co-op the purchase price can be lower than market rate condos. Those stricter rules can also be a PLUS for a shareholder who wants a stable building with no renters (or no pets for example) and less owner turn-over.

The main difference in purchasing and selling a co-op apartment is the current shareholders can accept or deny a purchaser based on their finances and their intended use of the unit. For instance the managing shareholders may require a full cash purchase or 20%- 50% cash down for a purchase (much stricter than a mortgage lender for example) for a purchase or a certain level of current income. Additionally they may only allow shareholders to live in the unit (and not a roommate without shareholder status). The nonprofit conducts an interview with prospective shareholders and can deny their purchase if the whole package does not meet shareholder qualifications.

The kitchen at 1585 Ridge Avenue, Unit 302, Evanston IL 60201. We sold this two beds, one bathroom co-op apartment sold for $170,000 including a garage parking space.

There is no interview process in a condo building. Generally if you can buy a condo with cash or you qualify for the mortgage... you CAN buy it. Current owners cannot deny you based on finances or require more money down. A condo purchaser/ owner is subject to the home owners association by-laws and rules and regulations but the purchase and sale are less restrictive processes.

Ask us about buying and selling co-op apartments! We have experience in helping buyers and sellers understand the ins and outs of making a transaction happen! Eric Rojas, Broker, Kale Realty erojas@kalerealty.com