Named for the resident DePaul University, the streets of the DePaul neighborhood are walker and biker friendly, often filled with a mix of undergraduates and young singles, young parents and mothers with strollers. The bursting commercial and entertainment options in Lincoln Park encircle the DePaul neighborhood with local bars, interesting shops and great restaurants.
DePaul real estate boasts top end prices and exquisite residential architecture. New construction condos and single family homes are a common sight; however, the community is steeped in elegant traces of the Victorian era with stately brownstones and towering hundred-year-old trees.
The area is one of the most sought after when it comes to real estate. New real estate construction projects are plentiful, popping up in between the stately vintage buildings that remain from the old times. Real estate prices are in the upper bracket, with condos priced from $500,000 to $1million plus. Single-family homes tend to start around $1.4 million, but often fetch more than $5 million.
While this area is a bit too steep price-wise to house many students, the streets of DePaul are very much alive with bars, cafes and restaurants that reflect the student body. The new Theater School building is a beautiful piece of architecture and home to a lineup of cutting edge theatre productions.
If you’re searching for a realtor who can help you find the perfect home in DePaul or surrounding Lincoln Park, I’d love to help! (I’m a resident myself!) You can search current DePaul real estate listings below. Give me a call today, and let’s get on the hunt for that dream home of yours, shall we?
For information on real estate close to DePaul see these links below
Buying your first home? Click here for great tips and to find out Debra’s answers to the top four most common questions she receives from first time homebuyers.
Real Estate Market Stats
Home Size in Square Feet
|Zillow Home Value Index||$613,400||$200,400|
|Median Single Family Home Value||$1,323,500||$198,500|
|Median Condo Value||$539,500||$215,000|
|Median 2-Bedroom Home Value||$430,800||$157,300|
|Median 3-Bedroom Home Value||$685,300||$194,000|
|Percent Homes Decreasing||24.6%||16.4%|
|Median List Price Per Sq Ft||$329||$127|
|Median Sale Price||55||2,615,818|
|Turnover (Sold Within Last Yr.)||5.5%||2.8%|
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