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ChicagoNorth Side

Will flippers stall Lincoln Park 2550′s sales?

Lincoln Park 2550

The headline question assumes, of course, that there’s any sales momentum to stall. We recently noted that Lincoln Park 2550 hit the 50% sales mark for the second time, the first occurring four-and-a-half years ago. According to yesterday’s Crain’s Chicago Real Estate Daily, the development had closed on only 43 of its units as of ...

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Posted by Joe Zekas on November 30, 2012
ChicagoNorth Side

Lincoln Park 2550 50% sold four-plus years after first hitting that mark

Aerial view of Lincoln Park

We’ve been following the progress of the development now known as Lincoln Park 2550 for quite some time. It’s been nearly nine years since a previous developer, American Invsco, announced that Lakeview on Lincoln Park was 30% sold prior to its debut party. In March of 2007 a new developer, Ricker-Murphy, launched the sales effort ...

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Posted by Joe Zekas on November 26, 2012