1546 N Orleans St, Chicago
The median sale price for a condo or townhome in Old Town over the past six months has been just over $300,000, according to MLS data collected by Redfin. For that amount, one buyer was able to pick up a 1,200 square-foot two-bedroom / two-bath at Gallery 1250, 1250 N LaSalle St, in early July; another bought a 1,076 square-foot two-bedroom / two-bath at 1360 N Sandburg Ter in Sandburg Village in early August. Both units went on the market this year at $309,900 apiece.

Currently there are four condos and townhomes listed in Old Town for $299,000:

Comments ( 1 )

  • The two sales you mentioned also have $540-$650 dollar montly assessments. So, it’s like buying at $400K (with a lower assesment) in a non high-rise.

    My only point being is, if you are approved up to $325K, you really can’t afford these places even though they closed at $300K.

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