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Chicago Real Estate - Lincoln Park Real Estate

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There are more than 75 residential areas in Chicago's North Side, and among those is Lincoln Park.  Real estate for sale in Lincoln Park has grown to become some of the most popular in the Chicago metropolitan area.  Bordered by the communities of Lakeview, Logan Square, and Near North, the location of homes for sale in Lincoln Park Chicago can't be beat.  The exact boundaries for the community are exactly outlined.  The northern border of the community is Diversey Parkway; the southern border is North Avenue; the eastern border is Lake Michigan; and the western border is the Chicago River.

The most popular features of the Lincoln Park area, include the park itself which borders Lake Michigan, DePaul University, and the Lincoln Park Zoo.  These attractions not only draw visitors to the area, but prospective real estate purchasers as well. Homes and condos for sale in Lincoln Park have also grown in popularity due to the close proximity to entertainment and leisure opportunities.  Lincoln Park is home to excellent dining, as well as a well-established bar and club scene, particularly along Lincoln Avenue.  Additionally, the community has a multitude of trendy boutiques, and popular retailers with stores in the area.  This abundance of nearby activities continues to keep the value of real estate for sale in Lincoln Park quite high.

While there are a wealth of affordable condos for sale in Lincoln Park, the community remains one of the most highly priced communities in Chicago.  It is typical to find multi-million dollar properties for sale in Lincoln Park, especially the areas around Orchard Street, Burling Street, Willow Street, and Armitage Avenue.  In fact, the average cost for a single family home in Lincoln Park is $1 million.  If this price tag is too high, as it is for most, there are still many options to find a great Chicago home for saleLincoln Park foreclosures and short sales offer great deals to break into the market.  Homebuyers who are looking for an excellent experience in Chicago should definitely investigate Lincoln Park.

 

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