Realtor: Chicago Lakeview Home Prices Soar

Tara sent me this tidbit from Realtor Magazine:

The Lakeview neighborhood on the north side of Chicago was once considered an affordable alternative to the Lincoln Park area to the south, but not anymore. Some single-family homes in Lakeview are now selling for more than $2 million, says Charles Huzenis, president of Jameson Realty Group, a real estate company active in the Lakeview neighborhood. In 2004, homes there sold for an average of $860,980, a 14 percent jump from the previous year, according to the Chicago Association of REALTORS. Condominiums sold for an average of $344,313 in 2004, a 6 percent gain over 2003.

Ron, honey, there’s no way in hell I’m buying a condo down here. F that!






One response to “Realtor: Chicago Lakeview Home Prices Soar”

  1. palochi Avatar

    Indeed. First off, I can’t afford the mortgage on a $340k condo. However, the ones I could afford are *smaller* than my apartment in the same neighborhood.

    When it makes more sense to rent… insanity.

    As far as I’m concerned, the area has completely Chelsea-fied anyway. I’m tripping over too many strollers in places now that I would have tripped over passed out gayboys five years ago.

    And we all know how I feel about the LP Trixie contingent. grrrr…

Leave a Reply

Your email address will not be published. Required fields are marked *