More Chicago Condo Comparison

March 24, 2010

Daily Real Estate Updates

sudler-sothebys-logo24 March 2010 ? Last year, prices for condominiums ranged from $4,000 for 1,200 sq ft in South Chicago to $5 million for a 5,000 square foot penthouse in the Gold Coast. The 2009 median sale price of a condo citywide was $270,000 which represents a 13% decline compared to 2008 prices.

Last week, I wrote about Lincoln Park, Lakeview & The Gold Coast. This week I’ll add a few more neighborhoods for comparison:

Lincoln Square: 258 condos sold with a median sale price of $255,375, (a 14% decline compared to 2008)

North Center: 235 condos sold with a median sale price of $367,000, ( a 3% decline compared to 2008)

Logan Square: 286 condos sold with a median sale price of $266,000 (a 14% decline compared to 2008)

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About Nancy Gaspadarek

With over nine years in the Chicago real estate market, Nancy continues to enjoy the momentous and exciting process of helping her clients buy and sell homes. Nancy believes that the relationships & friendships that she has developed over the years are priceless. In 2007 she made the decision to partner with Catherine Brennan and the two are collectively known in the industry as The G and B Team. ?It was the best move I could have made?, Nancy says, ?Having a knowledgeable and reliable business partner to counter balance your strengths and have a shared passion to provide top notch service and expertise to all our clients is such a blessing.? Nancy graduated from Florida State University in Tallahassee, where she received a four year scholarship and was the captain of the woman's volleyball team for four years. Nancy has lived in downtown Chicago for over 14-years in a variety of neighborhoods. Her free time is usually spent playing tennis, golf & running/biking along the lakefront. She participated in the 1998 Chicago Marathon and has competed in a number of triathlons as well. She volunteers with The Friends of Blaine School in Lakeview, as well as Umoja Student Development and loves to travel as much as possible. You can contact Nancy at 773.259.9353 or gandbteam.com

View all posts by Nancy Gaspadarek

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