Located just 2 miles north of downtown, Lincoln Park offers an appealing blend of vibrant retail hubs, and urban college campus, and the namesake park and easy access to public beaches.
Lincoln Park is home to Steppenwolf Theater, two major museums, DePaul University and one of the nation’s oldest zoos. The community’s amenities, location and housing options attract everyone from young, first-time homebuyers to local celebrities and CEOs. With its mix of city parks, restaurants, bars, theaters, top schools, and easy access to public transportation, Lincoln Park is virtually unrivaled among urban neighborhoods in the U.S.
Throughout Lincoln Park there are some beautiful single family homes; new construction as well as renovated brown- and greystones. Around DePaul University, buyers can find condominiums in newly constructed 3 story buildings or in converted factories and warehouses. On its eastern edge, Lincoln Park real estate features beautiful high-rise buildings with breathtaking views of the lake, park and city.
In general, the average sales price for a one- to three-bedroom condo in Lincoln Park is $435,000. However, potential homebuyers will find the range for attached properties spans from the low $200,000s for a studio to $3 million for a four- or five-bedroom townhouse with two-car garage. The average sales price for a single-family detached home in the Lincoln Park neighborhood is about $2 million, with the lower end dipping into the $500,000s for a tiny ‘worker’s cottage’ or coach house, and the upper end easily reaching into the multi-millions — we’re talking anywhere from $5 to 16 million dollars — for a gorgeous manse.
For information on real estate close to Lincoln Park see these links below
Real Estate Market Stats
Home Size in Square Feet
|Zillow Home Value Index||$498,200||$195,700|
|Median Single Family Home Value||$2,456,400||$194,200|
|Median Condo Value||$429,500||$209,700|
|Median 2-Bedroom Home Value||$385,800||$153,400|
|Median 3-Bedroom Home Value||$686,700||$189,700|
|Percent Homes Decreasing||22.1%||16%|
|Median List Price Per Sq Ft||$355||$125|
|Median Sale Price||188||2,448,444|
|Turnover (Sold Within Last Yr.)||4.3%||3.2%|
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