Lakewood Balmoral real estate continues to be a bargain! This Andersonville neighborhood (part of Edgewater) is known for old historic Chicago homes on wide or double lots. Home sale prices vary from $700,000 to $ 1,600,000 (2009-2010).
This month, one home sold – 5418 N Magnolia. Originally listed at $ 975,000, it sold very near its latest list price of $ 825,000. The 1911 pre-foreclosure property sits on a 40′ lot and offers 6 bedrooms. It was a terrific purchase!