Chicago Neighborhoods - Lincoln Square Market Statistics


Source:  MLSNI Area Market Survey Data
This Market Information is Updated Monthly!


PROPERTY TYPE

NUMBER AVAILABLE

AVERAGE PRICE

NUMBER SOLD*

AVERAGE SALE PRICE

AVG MARKET TIME

Condos

108

$212,825

250

$194,118

155 Days

Single Family Homes

37

$637,003

82

$534,356

131 Days

2-4 Unit Buildings

32

$511,869

44

$381,318

187 Days

*Average for the 12-month period ending 2/1/2012


Chicago Neighborhoods - Lincoln Square


Lincoln Square - Overview

If you’re looking for an older Chicago neighborhood with real European flair, consider Lincoln Square homes for sale.

The Lincoln Square neighborhood is located on the North Side of Chicago, approximately 7 miles northwest of Downtown Chicago and The Loop.  Although it is sometimes known by several smaller communities located within its boundaries – including Ravenswood Manor, Ravenswood Gardens, Bowmanville, and Budlong Woods,  the City of Chicago officially designated this neighborhood as Lincoln Square in 1925.

Historically, Lincoln Square was home to many German families – until about ten years ago, the Davis Theatre, a neighborhood icon, showed German-language films most weekend afternoons.   Now, however, visitors are just as likely to see shops catering to Thai or Middle Eastern cultures.

Still, the neighborhood is home to a number of German businesses, including the Chicago Brauhaus (authentically-attired ethnic bands perform here, without cover charge, several nights a week), Meyer's Delicatessen, Merz Apothecary and Lutz Continental Café. 

Lincoln Square is also home of the Chicago branches of DANK (the German-American National Congress) and the Niedersachsen Club. The German-language weekly newspaper Amerika-Woche was founded in the area back in the early 1970’s, although its original headquarters above the Brauhaus is now only a bureau.

Lincoln Square Homes for Sale

About 44,000 people live in the Lincoln Square, in a variety of single and multi-family, brick and frame structures.   Over 1,000 small and medium sized businesses also call the community home.

Downtown commuters use the very convenient Brown Line L, via the Western Avenue and Damen Stations, to begin their roughly 25 minute trip to The Loop.  It is also one of over 20 neighborhoods served by new I-GO Cars.

Lincoln Square is bounded by Peterson Avenue and Bryn Mawr Avenue on the north, Montrose Avenue on the south, Ravenswood Avenue on the east and the Chicago River on the west.   Its close proximity to public transportation, along with its vibrant and recently revitalized main shopping district near Lincoln, Western, and Lawrence Avenues, have made this area trendy, especially among younger families, in recent years.

Lincoln Park Overview

For generations of Chicagoans, the Lincoln Park neighborhood has been the stylish destination for young and old, and the heart of the north side in Chicago.   It boasts some of the city’s finest restaurants, night life, theatres and comedy clubs, private schools, and a beautiful stretch of lakefront along Lake Michigan.  It has as its cornerstone Lincoln Park itself – over 1,200 wooded acres of green space, a world-class conservatory, and the largest free zoo in the USA.  The prestigious Frances Parker Private School and the main campus of DePaul University are based here.

Lincoln Park Chicago Condos

Lincoln Park condos for sale usually dominate the listings in Lincoln Park.  The housing here is varied, though, running from small studio condos in high rise towers with views of the park and lake, to larger, newer condos and townhouses, to restored vintage row houses and single family homes and mansions, many dating back to the mid-1800’s!  Lincoln Park is one of the priciest communities in Chicago.  Many condos run in the $500,000 to $750,000 range, and a few of the more elegant restored vintage houses top $5,000,000.

More modest condos are still available in the neighborhood, however, if you know where to look.  Over the years, many developers have even converted former churches, schools, warehouses, stores and factory buildings into fashionable condos, stores and restaurants.

Communities within Lincoln Park include the Clybourn Corridor, DePaul, Lincoln Park West, and the Ranch Triangle.   In addition to the Lincoln Park Zoo, the east side of Lincoln Park offers a nature museum, several beaches, baseball and softball diamonds, jogging trails, a bike path, a protected harbor, tennis courts, a golf course, a summer theater, and a driving range.

Commuters to Downtown Chicago and The Loop enjoy a short commute of 30 minutes or less downtown – even during busy rush hour periods.  CTA buses travel every few minutes down Clark Street, the area’s main commercial street.  Express buses run through the park, then down Lake Shore Drive, to North Michigan Avenue.  The Red and Brown Line L routes have stations at Fullerton Avenue, Diversey Parkway, Armitage Avenue, and at North and Clybourn Avenues. 

Many residents prefer to ride their bikes downtown – weather permitting, of course!  If you want to provide your own transportation to work, consider Lincoln Park Chicago Condos for sale!

Locate this neighborhood on our Chicago Neighborhood Map!

 

 

 


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Lincoln Square Homes for Sale

 


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