Neighborhood Real Estate Activity

BY PAULA ARNETT

Real estate activity in the neighborhood* remains crisp with 122 properties for sale and 89 properties closed since January 1, 2003. See the accompany chart for a breakdown of average prices.

Latest FYI’s

A greystone in the 2200 block of Seminary was purchased in November 2002 for $885,000 and is currently on the market for $2,675,000. A property in the 2100 block of Magnolia was purchased in December 2002 for $800,000 and is currently being renovated. A property in the 20002 block of Fremont was sold for $1,150,000 in April 2003 and is being renovated. The property that sold for $795,000 in May 2002 in the 1000 block of Webster is currently on the market for $2,495,000 and now has a Kenmore address. Also, in the 2100 block of Kenmore, the property that sold for $740,000 in May 2002 is currently on the market for $2,988,000. And, another property in the 2100 block of Kenmore, has been torn down with no current record of a sale or sale price.

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

January 1 thru June 19, 2003
Sold
Single Family	11
Average Sale Price	$1,152,045
Condo	74
Average Sale Price	$395,819
Multi Unit	4
Average Sale Price	$772,500
Total Sold	89

On Market
Single Family	39
Average List Price	$1,967,482
Condo	77
Average List Price	$480,492
Multi Unit	6
Average List Price	$871,150
Total On Market	122

Data compiled from Multiple Listing Service of Northern Illinois

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