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)
Here’s the August Lakewood Balmoral Real Estate Update- to see homes for sale TODAY in this Andersonville historic district, select this link: Homes for Sale Today
Lakewood Balmoral District
Homes for Sale and Homes Sold
Lakewood Avenue in Andersonville
See photos of homes in a CMA Tour by Selecting this link:
Lakewood Balmoral Historic District Tour
Homes for Sale
1339 N Catalpa
5221 N Wayne
5427 N Magnolia
5333 N Lakewood
5320 N Wayne
5507 N Wayne
List Price- $ 1,399,000
5426 N Lakewood
Get more information by viewing the table below,
Select this link for more details: LAKEWOOD BALMORAL August 2014
|Stat||Street #||Str Name||List Price||Sold Pr||BR||BA||Lot Dim
|A/I||5507||Wayne||$1,399,000||4||3.1||37.5 X 123
|PEND||5320||Wayne||$1,100,000||4||2.1||37.5 X 125
This great single family home at 4829 N Paulina is NOT my listing – I just think it’d a great home in a small pocket location that is often overlooked.
4829 N Paulina
- Wide and deep lot – 33 x 163
- 1898 home – renovated
- Updated kitchen with newer cabinets and stainless steel appliances
- hardwood floors on first floor
- 3rd floor master bedroom
- 3 bedrooms on second level
- back deck and landscaped yard
- Finished basement – large rec room!
- Great location- steps from Metra, new Mariano’s on Lawrence Ave.
This pocket often gets overlooked — It’s north of Lawrence Ave, and the East Ravenswood historic district is SOUTH of Lawrence… it feels more RAVENSWOOD than Uptown, yet it’s in the 8003 census tract – Uptown. It feels more Andersonville than Uptown, too, but that is generally known to start at 5200 North(Foster) – 8077 census tract.
This lovely section is quiet, charming, close to lots of great amenities, but because it’s not easily described, agents and buyers often don’t include it when looking in a specific neighborhood search.
Chicago Geography Lesson:
We have 77 communities, 50 wards, 85 zip codes, and (not surprisingly), these are NOT geographically the same!
Generally speaking, real estate agents search by zip codes, census tract areas, or by coordinates (# N/S and # E/W).
Chicago Census Tract Map
chicago zip codes (from ZipCodes.com)
Chicago Ward Map
We agents can draw maps around areas, such as school boundary areas and historic districts, but when you hear “Uptown” and “Edgewater”, these specifically refer to census areas, not just neighborhoods.
Edgewater Census Tract Map 8077
Uptown Census Tract 8003
Lincoln Square Census Tract Map 8004
Interested in learning more about Chicago’s neighborhoods?
Contact Anne Rossley
Baird & Warner
This morning -Lakewood Balmoral view from my front porch
As a “Local Expert” on StreetAdvisor, I often have to describe what it’s like to live in a particular neighborhood. I have sold properties in 18 different census tracts, each with multiple sub-neighborhoods that have their own unique character. I am fond of so many places in Chicago — I truly think it’s the best city in America–no joking!
It’s my own neighborhood, Lakewood Balmoral, part of Andersonville –in Chicago’s Edgewater Community, that I have the hardest time describing. I have difficulty explaining what a great community this is, full of warm and caring people who, together, make me forget I live in a hustle-bustle metropolitan area. At times, it’s almost like Mayberry!
NextDoor – Online Network for Neighbors
Many of us belong to NextDoor. If you don’t have this application for your neighborhood- I recommend you start it! It’s a community blog/resource/hub that lets people post classified ads, offers for free give-aways, recommendations for service providers and restaurants, info on crime/safety, and general community updates. It’s a way to get to know your neighbors, but much more, too!
Looking at the posts, one can easily get the flavor of a neighborhood – how many people are members, how they communicate with one another, the general tone of the conversation –these are all indicators of how warm and connected the neighbors are to one another.
So, having said all this, I wanted to share (anonymously) a post and reply from last week’s Lakewood Balmoral NextDoor postings. It’s a glimpse into what makes the Lakewood Balmoral neighborhood great – it’s says exactly what I have difficulty saying myself….
Post from B Sp:
What a neighborhood. Our friend, Carlos, got his Uhaul van stuck this evening. 5300 and 5200 blocks of Wayne both pitched in. V lent snow shovels and called J. J knew whose car needed to be moved. T not only moved his car but helped dig out the van AND move a futon! M lent her shoveling skills and salt. A number of anonymous neighbors offered help in various forms. Thank you all!
In response, LB adds her post:
It goes both ways-
Several years ago my nephew was visiting when a car was stuck right in from of our house. He dashed out and helped push it out (it took a long time). I never thought about it again. Last summer, I was sitting on the porch when a man walked by and picked up a few pieces of litter that had strayed onto my lawn. I didn’t know him or recognize him. I was aghast. I asked “what are you doing picking up my litter?” He replied that years ago, someone from my house helped push him out of the snow, so he always tries to help out when he passes by—-What a neighborhood!!!
Looking for a great neighborhood in Chicago?
Lakewood Balmoral is great, yet it’s one of many wonderful neighborhoods in this fantastic city.
Contact me and let me help you find your new home!
Anne Rossley, CRB, CRS, SRES, RSPS
Baird & Warner
Gold Coast Office
View Lakewood Balmoral Historic District in a larger map
As a StreetAdvisor contributor, I have been considering how to answer the question,
This is a loaded question, indeed!
Here are the reasons I CANNOT answer the question:
- What’s “upper middle class”? Certainly, the cost of living in Chicago is higher than the cost of living where I grew up — in Bloomington, Illinois. We’re not Manhattan, however. Chicago has 77 neighborhoods, or communities, all with their own charms.
- What’s “best” ? Best in terms of location? Amenities? Value? What’s best for the young professional right out of college may not be best for a family of 5 with 3 kids in elementary school, nor the same for empty nesters in their mid 60’s.
Here’s what I CAN answer:
- Average (mean) cost of single family homes by neighborhood,
- Published demographic information by neighborhood
- Amenities for each neighborhood
Relative Prices of Some Chicago North Side Neighborhoods
For purposes of this post, I’m including a few examples of neighborhoods in which I’m most familiar. This is NOT an all-inclusive list of neighborhoods in Chicago. The chart below shows average (mean) prices for single family homes – resale only (not new construction) for
As of today’s writing, the average prices are:
Lincoln Park $1,350,000
North Center $875,000
The prices aren’t surprising – essentially, the closer the neighborhood lies in relation to the loop, the more expensive the homes.
Micro-Neighborhoods in Chicago
These neighborhoods include many sub- or micro-neighborhoods. Sales prices within each neighborhood can vary greatly, depending on many factors (proximity to public transportation, conformity, school district…)
For example, Edgewater has multiple micro-neighborhoods, delineated by block clubs, as seen in this map:
There are so many neighborhoods, micro-neighborhoods, and even preferred areas within the micro-neighborhoods that giving an average price for Edgewater is somewhat misleading. I live, for example, in Lakewood Balmoral (# 16 above). This block group, the Lakewood Balmoral Historic District, is part of Andersonville, which is part of the Edgewater Community. To give an average resale price for all areas above is not at all indicative of the values within LBRC (or #16).
Here are the differences:
| ||# Properties Closed||# Days on Market||Median Sales Price
|Lakewood Balmoral Historic District||11||67||$940,000
Beyond Home Prices – Other Criteria for Choosing a Neighborhood
So far, we’ve just talked about average prices.
Other things to consider when choosing a “best” neighborhood:
- Crime by block, neighborhood, police beat, community – See Clear Map – Select this link
- Elementary Schools – See my website to learn more about Chicago Elementary Schools and specifically, CPS Elementary School Districts on the city’s north side.
- Proximity to Public Transportation/Highways – See Map Below and click on photo to pull up website.
Having said all this, I find there’s no way to easily answer the question, “What is the best upper middle class neighborhood in Chicago”.
This post is just a long-winded way of saying that it’s critical that buyers work with an experienced Realtor who’s familiar with the neighborhoods AND MICRO-NEIGHBORHOODS in Chicago, who can help clients best understand their priorities, and who can then provide all options that meet those needs.
Lakewood Balmoral Real Estate Update
Year in Review
Need to find out what your Lakewood Balmoral home is worth?
Contact Anne Rossley to get your Pinpoint Market Analysis!
Lakewood Balmoral – treasured historic district in Chicago’s Edgewater Community – – had 10 sales in 2013. The table below lists the basic data, but you can see more photos and get information by taking a virtual tour of the homes — select this link for pictures and information:
5431 N Wayne
For Sale – $845,000
5457 N Wayne
For Sale – $1,395,000
The property at 5457 N Wayne, now at $ 1,395,000, has been listed 5 times for a total of 639 days since first listed in August, 2011. It has been listed as high as $1,680,000.
Ready to buy a home in Lakewood Balmoral
or on Chicago’s north side?
– – – – – – – – –
Want to learn more about homes for sale in
Edgewater, Lincoln Square, Uptown, or North Center?
Contact Anne Rossley today!
More info: Lakewood Balmoral Historic District
See homes for sale today in Lakewood Balmoral – select this link!
| || ||List Price||Sold||ASF||# Rms||BR||Baths||# Cars||Lot Size
|5457||Wayne||$1,395,000||NEW||5000||12||5||3.1||2||29 X 123
|5446||Magnolia||$895,000||$940,000||0||9||5||2.1||2||37.5 X 123
|5345||Magnolia||$899,900||$845,000||0||10||5||4||1||37.5 X 123
|5340||Magnolia||$799,000||$810,000||0||7||4||1.1||4||50 X 123
Lakewood Balmoral – the historic Andersonville historic district in Chicago’s Edgewater Community, has 3 properties for sale today — 2 are on Bryn Mawr. There’s only one for sale in the heart of the district – 5313 N Lakewood.
5224 N Wayne
Pending – $ 1,150,000
5316 N Wayne
Sold – $985,000
Take a tour of these properties by selecting this link –
see photos and get more information by checking out this virtual tour!
|ST||HSN||STR||Closed Date||List Price||Sold Pr||MT||BR||BA||TAX||ASF||DIM
|ACTV||1244||Bryn Mawr||$1,049,000||162||4||3.1||$10,624.00||3200||26.5 X 139.5
|A/I||1310||Bryn Mawr||$1,650,000||33||6||4.1||$14,115.09||0||85 X 125
|CLSD||5245||Wayne||11/16/12||$500,000||$465,000||140||4||1||$9,942.42||0||32 X 123
|CLSD||5345||Magnolia||1/13/13||$899,900||$845,000||487||5||4||$12,731.69||0||37.5 X 123
|CLSD||5316||Wayne||12/19/12||$989,000||$985,000||40||5||3.1||$8,876.00||0||37.5 X 123
For more information about this historic neighborhood, or to view properties for sale, contact Anne Rossley of Baird & Warner.
Select this link and register to get home search alerts – find out when a new listing is available in this neighborhood!
Links for and about Lakewood Balmoral
Anne Rossley, CRB, CRS, SRES
Baird & Warner
Lakewood Balmoral Historic District has had some turnover in the last 6 months. Select this link to take a virtual tour and see the interiors of the homes that are listed or have sold recently:
Lakewood Balmoral Tour
New Listings in Lakewood Balmoral
5313 N Lakewood
While it’s new to the MLS in 2013, this home was listed for 190 days in 2012. The charming home is situated on a 37.5′ wide lot, and while the facade is charming and historic, the rear of the home has an addition which creates a kitchen-great room. Download floor plans by selecting this link.
Under Contract in Lakewood Balmoral
5248 N Wayne
The eclectic vintage/contemporary 5248 N Wayne is under contract. The home has some interesting architectural details. A four bedroom 2full/2half bath home with updates is rare at this price!
Real Estate Activity – Last 6 Months
|Status|| || ||Closed||List||Sold||MT||RMS||BR||BA||Taxes||SF||Lot||PKN
|ACTV||5457||Wayne||$1,249,000||316||14||5||3.1||$14,207.00||5000||29 X 123||Garage
|CLSD||5509||Lakewood||9/21/12||$785,000||$720,000||141||8||4||2.1||$11,844.51||2550||31 X 123||Garage
|CLSD||5345||Magnolia||1/13/13||$899,900||$845,000||487||10||5||4||$12,731.69||0||37.5 X 123||Garage
|CLSD||5452||Lakewood||8/21/12||$1,695,000||$1,576,000||14||13||7||4.1||$13,978.15||0||37.5 X 125||Garage
Interested in visiting homes for sale in Lakewood Balmoral? Give me a call!
If you want to get an email when new homes in Lakewood Balmoral become available, select this link and sign up for alerts:
Lakewood Balmoral Home Alerts
Below the listings you’ll see the “Login to save this search” —
select that link, add your email, and you’re set!
Anne Rossley, CRB, CRS, SRES, RSPS
Baird & Warner
The Andersonville Arts Weekend is 10 years old, and the schedule for this weekend is packed with tons of great activities!
Friday night – 6 – 10 pm
Parties in your favorite Andersonville stores, such as
GreenSky, Las Manos Gallery, SCOUT, The Landmark of Andersonville, Turley Road Urban Mischief, Andersonville Galleria, Cheetah Gym, Milk Handmade, Painted Light Photography, Famous Fido Rescue, baan home, Green Genes, Spex, Toujours Spa & Salon, Wooly Mammoth Antiques, Women and Children First, and more!
Friday 6 – 9 pm A kickoff reception for The Plein Air Painters, featuring an exhibit and sale of original paintings of Edgewater scenes. Look for the Plein Air Painters on Andersonville sidewalks painting throughout the weekend.
Saturday 12 – 4 pm – 10th anniversary celebration of the museum-5358 N. Ashland. Festivities include closing of the street next to the museum to display refurbished antique fire trucks. Many musical guests and refreshments will be served.
Male Order Brides — Cheer on the hero! Boo, hiss and throw popcorn at the dastardly villain! This hilarious comedy for the whole family is guaranteed to make you think twice before saying “I do!” Admission, as always, is free! Tickets can be reserved at www.questensemble.org.
pH Comedy Theater
pHlip Cup — Challenge our hilarious team to a game of flip cup. The winners gets free tickets to a future show. Tickets $10/$5 for students, or $8 with an Andersonville Arts Weekend brochure. 1515 W Berwyn http://www.whatisph.com/
OPENING WEEKEND! 44 Plays for 44 Presidents is a chronological, biographical survey celebrating the comic, tragic and at-times surreal lives and legacies of American presidents from Washington to Obama. A remount of one of the biggest prime-time blockbusters in Neo-Futurist history, 43 Plays for 43 Presidents, originally produced in 2001, this election-season production comes with a shiny new ensemble. To purchase tickets visit www.neofuturists.org or call (773) 878-4557.
WRENS, reprise production, which earned three Jeff Awards. Now in their new home in Edgewater, RTE presents an all new cast in this moving semi-autobiographical examination of loyalty, morality, and duty during World War II. For tickets call 773-334-7728 or visit www.rivendelltheatre.org.