Old and Sold – Chicago Historic Homes – Real Estate Update

What historic/vintage homes have sold this week?

Five historic (vintage) single family homes closed during the first week of September in Chicago*.

You can check them out, with interior photos, by selecting this link:

Old and Sold September 7, 2014

Here’s the snapshot:

1463 w sunnyside, chicago, il

1463 W Sunnyside

$ 654,000

99% list price – sold in 6 days

2102 n fremont chicago

2102 N Fremont

$1,880,000

99.4%  list price  —  sold in 6 days

5426 N Lakewood

5426 N Lakewood

$728,000

101% list price – sold in 14 days

Reported to be the oldest home in Lakewood Balmoral Historic District – it will be renovated by its new owners.

2131 N Sedgwick chicago

2131 N Sedgwick

#1,280,000

93.1% list price  –  sold in 12 days

5507 wayne lakewood balmoral historic district

5507 N Wayne

$ 1,350,000

96.5% FINAL list price

This property in the Lakewood Balmoral Historic District was originally listed for $ 1,590,000 in March.  After 2 price reductions, the home finally sold at 96.5% of the final list price.  In all, it was on the market for 147 days.

As you can see from the 4 previous homes, when a home is listed AT the right price, it will sell almost immediately.

If it’s priced too high, not only does it sit, but once the right list price is reached, it still takes longer to sell

Note to sellers:

Price your home at the right price from the start!

 

Remember  —  these are NOT my listings – I’m merely reporting what’s happening in the market.

My goal is to price every listing to sell FAST at the highest price possible – make sure to read recent client recommendations:

Anne’s Client Testimonials

 

Anne Rossley

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