Buyers know what they're looking for in Lincoln Park and Lake View

by Patrick Rollens on 3/27/08

Sheffield Garden Walk

Armed with an Internet full of information and well-meaning advice from friends and family, Chicago homebuyers know what they’re looking for in neighborhoods like Lincoln Park and Lake View.

In today’s market, however, there’s more to consider than simply location and price. It’s the job of real estate agents to help these shoppers fine-tune their home requirements.

With available land at a premium, a number of projects are under development along busy city streets: Ashland, Clybourn, Fullerton, Belmont and Racine avenues. There are drawbacks to living along major thoroughfares, but sales agents can also help buyers see the benefits as well.

“If you live on a busy street or main artery, you will be getting an unusual floor plan and more space,” says Dana DiPasquale, of Baird & Warner. She toured 40 condos when shopping for her own home three years ago – before ultimately buying along a busy street in Lincoln Park. Different zoning requirements allow builders to inject a bit more creativity into the floor plans, she says.

Read up on the latest trends in these two popular North Side neighborhoods in New Homes Magazine’s new issue.

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{ 6 comments }

irishpirate 3/27/08 at 5:09 PM

That is a great photo.

Joe Zekas 3/27/08 at 5:39 PM

Thanks, irishpirate.

That’s the work of our ace staff photographer, Michael Kardas.

You can see more of Kardas’ work for us at our Flickr account.

Local Realtor 3/28/08 at 8:34 AM

Lincoln Park and Lakeview will always remain “go to” neighborhoods for newcomers to the city, especially young ones, so long as “Friends” keeps rerunning on TV (yes, it’s New York, but I think a lot of younger viewers imagine Chicago to be just like that) and the idea keeps floating around in their heads that LP/LV are the only “good” or “safe” nabes in the city. I can’t tell you how many times over the years I’ve been confronted with prospective renters or buyers under age 35 who want “athreebedtwobathinLincolnParkor Lakeviewwithlaundryanddishwasher andpartydeckandtwoparking spaces” for, oh, say, around $900 per month…

Local Realtor 3/28/08 at 8:35 AM

And the Cubbies, don’t forget “Cubbie Chic” as a major factor in Lakeview’s popularity. (And, for some, the Boystown factor as well.)

pk 3/28/08 at 9:06 AM

There’s a little pond called LAKE MICHIGAN that might have something to do with it.

Alan 3/28/08 at 1:03 PM

I live near Diversey/Halsted (Diversey is the border between LP and lakeview). When I started looking for a condo 2 years ago, I thought to my self that I would never be one of those yuppies in LP. However, after much research, I soon found out why the area is so popular.

-Transportation is great (brown/red/purple el lines and tons of north/south buses);
-Close enough to the loop for 15-30 minute travel regardless of type of transporatation;
-Easy access to Lake Michigan (thanks PK) and Lincoln Park;
-Ability to walk to everything a 20/30-something would want: bars, restauarnts, etc;
-Perceived lack of crime.

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