Winter Home Buying Guides are available now!
An important home in historic Lakewood Balmoral just came on the market!
Click on the Photo Above for the 5438 N Lakewood website!
This gorgeous renovation was done first in 1986, and then again recently. The new kitchens and baths are luxurious, and the nearly 6000 SF home offers the finest blend of vintage and contemporary finishes! There are 6 bedrooms , 4.5 baths PLUS a finished basement. The third floor could be used as a guest suite or family hangout, there’s a nanny suite in the basement, PLUS a separate office/artist’s den with separate guest access allows for privacy, creativity, yet proximity to the home’s activity centers!
Homes on this popular Lakewood Balmoral block don’t come on the market very often – and if they do, they aren’t usually already renovated to the discriminating taste of today’s home buyer. This is rare opportunity!
To see this magnificent property, contact
For more information, read the brochure found below.
Or download the 5438 N Lakewood Brochure Here (on dropbox)
Basically, from the South Loop/Near South Side to Devon, including areas just west of the Kennedy Expy, Forest Glen, and Irving Park.
The following market trend charts are for both single family and “attached” properties (condos, townhomes, co-ops).
Here is an interactive chart of what Chicago Real Estate median sales prices have done since 2008…
Number of days on the market, from listing to contract…
How many months worth of housing stock is available at any point in time? Lenders use 6 months as the benchmark for a “stable market”. Under 6 months of inventory is considered a “sellers” market.
This may or may not be the ORIGINAL list price. Once the property reaches the RIGHT list price, it’s currently selling for 97.8% of that last price.
Since April, 2013, over 10,000 homes have been sold in the marketplace. This is a very strong number!
Baird & Warner