With all that’s going on, here’s a Brad Lippitz Group news alert which may surprise you: buyers on the prowl in some of Chicago’s sub-markets are coming up short with no available inventory. And low supply coupled with high demand translates directly into great returns for my sellers (thank you, University of Chicago education!).
So, what does this mean for you, you ask?
It means that you need to reach out to me right now (call/email/text/shout at the top of your lungs) if you live in Lincoln Park, Lakeview, Bucktown, Wicker Park, West Town, River West, Ukrainian Village, Andersonville/Lakewood-Balmoral, Lincoln Square, North Center, South Loop, or Roscoe Village...and you have either: 1) a decent house up to $1.7 million; or 2) a condo in the mid-range ($400k-$1.2 million) in a smaller building with low assessments. Buyers in these sub-markets are scrambling right now, finding themselves in competitive situations - while sellers sit back eating bonbons, sipping martinis, and waiting for their checks to clear.
This could be a great opportunity for you in this sliver of time. As your trusted market advisor and bidding-war-cultivator extraordinaire, I hope you’ll heed my advice. Our operators are standing by the phones waiting!
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Brave the cold and head to North Avenue Beach this Sunday for the Chicago Polar Plunge, which sends thousands of shivering participants into the icy waters of Lake Michigan to raise money for the Special Olympics Chicago. Can't make it to North Avenue this year? The fundraiser is also offering a virtual edition, giving you some creative freedom to jump into a snow bank, a cold shower or pour a bucket of water over your head as you support Chicago's Special Olympians.
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Seen by more than 130 million people worldwide, Les Misérables is one of the most popular musicals of all time. It will make its return to Chicago this week when Cameron Mackintosh’s acclaimed production arrives for a limited engagement. The epic musical, set in 19th century France, is a timeless story of broken dreams, unrequited love, sacrifice and redemption. This weekend only at Cadillac Palace Theater.
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6 Bed | 4.1 Bath Lakeview
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4 Bed | 3.1 Bath Gold Coast
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1040 N. Lake Shore Dr, #4D
3 Bed | 2.1 Bath Gold Coast
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4 Bed | 3.1 Bath West Loop
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8 Bed | 4.1 Bath Andersonville
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3 Bed | 3.1 Bath Gold Coast
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900 N. Lake Shore Dr, #603
3 Bed | 2.1 Bath Streeterville
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3 Bed | 2.1 Bath East Village
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5 Bed | 4.2 Bath Bucktown
Chicago's finest modern estate
To be offered at $7,250,000
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3 Bed | 4.2 Bath Lincoln Park
Extraordinary custom home
To be offered at $3,595,000
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2 Bed | 2 Bath East Lakeview
Gorgeous pre-war residence in one of
Lakeview's most prized buildings
To be offered at $449,000
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Modern. Vintage. Architectural. Cool.
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And everything in between.
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Check out previous "Into the Weekends" here.
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© Compass 2023 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass Real Estate is a Licensed Real Estate Broker with a principal office in New York, NY and abides by all applicable equal housing opportunity laws. All material presented herein is intended for informational purposes only, is compiled from sources deemed reliable but is subject to errors, omissions, and changes without notice. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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