Riding the rails: Homes for sale near the nationally registered Argyle Street corridor

Tai Nam Market Center

Some call it “New Chinatown,” others stick to “Argyle Street.” Either way, small stretch of Argyle between Broadway and Sheridan Road has long been a center of commerce for Uptown‘s Chinese and Southeast Asian community. The street is now on the National Register of Historic Places, meaning buildings along the street can apply for state or federal funds for rehabilitation or preservation.

This morning I pulled up the listings for homes located within a block north or south of Argyle, most of which are concentrated on Ainslie, Kenmore, and Winona streets and Winthrop Avenue. Here are three quick observations about what’s for sale in the immediate vicinity of New Chinatown and, by extension, the Argyle Red Line station:

  • The old-timer: Unit G at 4923 N Kenmore Ave, a building that dates back to 1903. The two-bedroom / two-bath garden unit is listed for $139,000, and represents the only short sale in the area.
  • The new kids: Two recently completed six-flats at 5014 and 5018 N Kenmore Ave. Five three-bedroom / two-baths in the two buildings are listed from the $350s to $380s; one four-bedroom / three-bath is priced in the $470s.
  • The patient type: The aforementioned four-bedroom at 5014 N Kenmore Ave, which has now been on the market for 386 days. (It’s also the most expensive home currently listed in this area.) Excluding the two new six-flats on Kenmore, the longest listing is a three-bedroom / two-bath condo up the street at 5021 N Kenmore Ave, which has been on the market for 267 days. The home sold in 2005 for $384,000, went back up for sale in September 2009 for $375,000, and is now priced in the $360s.

(Yeah, neighborhood news made me skip right down the Red Line from Jarvis to Argyle — I’ll double back to the other Rogers Park and Edgewater stops before heading down the line any further.)

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