Month: August 2016

According to the Chicago Local Market Tracker from Redfin for July 2016, 45.6 percent of homes in the West Loop sold for over asking price, the second highest rate in the city behind Humboldt Park. Typical homes in the West Loop sold in 41 days, tied with Logan Square and West Town for fourth fastest in the city, trailing only Brighton Park, Humboldt Park and Ukrainian Village.

Not surprisingly, the Gold Coast had the most expensive market in July, with a typical residence selling for $520,000. It was the only neighborhood to reach half-a-million. Wicker Park, North Center, Lincoln Park and Bucktown rounded out the top five most-expensive neighborhoods in Chicago.

You can read the whole report here.

1509 N. Hudson #4
Unit & Neighborhood: Old Town Two Bedrooms Condo

Offered At: $574,900

The Scoop: This top floor penthouse unit offers soaring ceilings, skylights, and tons of natural light. Perfect for entertaining, the open floor plan features oak floors, fire place, brand-new kitchen appliances, and granite countertops. The expansive master suite offers two closets with custom build outs, a Whirlpool tub with separate shower, and brand-new double vanity sink. The Old Town condo also features a private rooftop deck wired for sound with unobstructed skyline views.

Steps from: Wells Street and the CTA Sedgewick stop

Parking: Garage spot included

Contact: Axel Cohen – Axel@LuxuryChicagoApartments.com or 847-275-4536

UPDATE: This listing sold in December 2016.