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Sheffield Neighborhood News

March/April 2005

Sheffield—a section of Lincoln Park

BY PAULA ARNETT

The Sheffield neighborhood* is one of seven that comprises Lincoln Park. The others are Lincoln Central, Mid-north, Old Town, Park West, RANCH, and Wrightwood Neighbors. The accompanying chart shows average sales prices for single-family homes and condominiums in the entire Lincoln Park area as well as the Sheffield section. In both cases, in 2004, Sheffield’s average selling price surpassed Lincoln Park’s average selling price.

My new 2003-2004 Sheffield Neighborhood Real Estate Market Report is about to be published. It contains charts, dollar volumes, and statistics of real estate sales in the neighborhood, as well as the Street-by-Street analysis so you can see what sold on your block, when and at what price. Many more details are contained in my new report.

*Neighborhood boundaries are Armitage on the south, Fullerton on the North, Halsted on the east and the Chicago River on the west.

  Average Selling Price Number Sold
  2004 2003 2004 2003
Sheffield        
Single Family
$1,571,531
$1,086,146
47 36
Condominium
$445,993
$415,708
184 197
Lincoln Park


   
Single Family
$1,420,449
$1,187,025
212 187
Condominium
$413,557
$385,664
1522 1480

Data compiled from the Multiple Listing Service of Northern Illinois.

 
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