May 2021 | Real Estate News You Can Use

MAY 2021

REAL ESTATE
NEWS YOU USE

CAN

GOLD COAST | STREETERVILLE JAN 2021 STATISTICS

REAL MAY SUMMARY

ESTATE MEREDITH MANNI MESEROW

NEWS 312.893.3554 | [email protected]
MeredithMeserow.BhhsChicago.com
YOU

CAN

USE

June, 2021

Dear Friends and Clients,

Chicago is back, and so is our bustling real estate market! From Gold Coast condos to
Lakeview single family homes, buyers and sellers are on the move, and sales volume has
increased dramatically across the city.

Gold Coast condo/coop sales of $700K+ increased nearly 300% from May 2020, with 31
sales this May vs 12 in May 2020.

Lincoln Park condo sales of $700K+ were also up over 300% with 66 units selling in
May 2021 vs 20 last year. Single family home sales of $1mm+ were equally robust with 31
selling this May vs 12 in May 2020.

Lakeview was consistent with the upward trend in sales volume as well. 31 condo
transactions of $700K sold this May vs 11 in May 2020. Single family homes of $1mm+
were also up, with 14 selling in May 20201, nine more than a year ago.

While the commercial real estate world comprising a great many office buildings has
yet to fully reignite, there are green shoots appearing. Opportunity buyers are emerging
from the shadows of the pandemic, as companies are beginning to call employees back
to the office. Optimism is growing.

As someone who has been selling real estate for 20 years, this past year has certainly
been a wild ride.

As always, please feel free to contact me with any questions or comments. I love to hear
from my readers!

Sincerely,

— Meredith Manni Meserow

MEREDITH MANNI MESEROW

312.893.3554 | [email protected]

GOLD COAST | STREETERVILLE JAN 2021 STATISTICSMeredithMeserow.BhhsChicago.com

GOLD COAST

STREETERVILLE

REAL ESTATE NEWS YOU USE
CAN

CONDOMINIUMS/CO-OPS $700K+

MAY 2021 STATISTICS

Avg. Price $1,364,387 Total Units Sold 31
Median Price $1,155,000 Avg. Market Time 247
Maximum Price $3,000,000 (days) 261
Total Sales Volume $42,296,000 Total Active Units 255
Avg. Market Time of
Active Units

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
950 N Michigan Av, 2604 (sq. ft.)
1100 N Lake Shore Dr, 30B
111 E Chestnut St, 39A 1,830 $385 $849,500 $705,000 5/28/21 406
270 E Pearson St, 1202
22 E Division St, 2 2,112 $365 $899,900 $770,000 5/28/21 43
800 N Michigan Ave, 3303
210 W Scott St, H 1,600 $514 $899,000 $822,500 5/28/21 274
161 E Chicago Ave, 54A 1,725 $761 $1,495,000 $1,312,500 5/28/21 27
180 E Pearson St, 4404 3,000 $577 $1,995,000 $1,730,000 5/28/21 211
1500 N Lake Shore Dr, 9A
31 E Elm St, 3B 3,000 $955 $3,495,000 $2,865,000 5/28/21 522
1212 N Lake Shore Dr, 15CS
190 E Walton Pl, 603 2,400 $365 $979,000 $875,000 5/27/21 474
1550 N Clark St, 904
800 N Michigan Ave, 3202 2,550 $520 $1,699,000 $1,325,000 5/21/21 311
1235 N Dearborn St, B
800 N Michigan Ave, 2403 2,754 $572 $1,290,000 $1,575,000 5/21/21 934
1501 N State Pkwy, 19D
1550 N Clark St, 403 4,435 $380 $2,650,000 $1,687,500 5/19/21 701
180 E Pearson St, 6707
1030 N State St, 25GH 1,800 $411 $875,000 $740,000 5/18/21 341

1,850 $425 $825,000 $787,000 5/18/21 81

3,000 $385 $1,599,000 $1,155,000 5/17/21 15

3,310 $574 $1,900,000 $1,900,000 5/17/21 116

3,025 $773 $2,995,000 $2,337,500 5/17/21 322
2,400 $360 $865,000 $865,000 5/14/21 3

1,986 $501 $1,399,000 $995,000 5/14/21 165

3,700 $438 $1,790,000 $1,620,000 5/14/21 7

3,809 $630 $2,400,000 $2,400,000 5/14/21 82

GOLD COAST | STREETERVILLE JAN 2021 STATISTICS6,224$3865/14/21
1,750$726 5/13/21
$3,500,000 $2,400,000 452
$1,300,000 $1,270,000 1

CONDOMINIUMS/CO-OPS $700K+

MAY 2021 STATISTICS

Avg. Price $1,364,387 Total Units Sold 31
Median Price $1,155,000 Avg. Market Time 247
Maximum Price $3,000,000 (days) 261
Total Sales Volume $42,296,000 Total Active Units 255
Avg. Market Time of
Active Units

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
1550 N Clark St, 602 2,477 (sq. ft.)
159 E Walton Pl, 16B 1,867 $1,600,000 $1,600,000 5/12/21 133
180 E Pearson St, 6703 3,376 $646 $1,595,000 $1,400,000 5/11/21 339
21 E Elm St, 1C 2,375 $750 $3,550,000 $3,000,000 5/10/21 231
200 E Delaware Pl, 13D 1,550 $889 $850,000 $730,000 5/7/21
1212 N Lake Shore Dr, 34CN 1,850 $307 $799,000 $764,000 5/7/21 1
1155 N Dearborn St, 703 2,800 $493 $925,000 $865,000 5/6/21 366
55 W Delaware Pl, 702 2,138 $468 $1,200,000 $1,090,000 5/5/21 289
242 W Scott St 2,300 $389 $995,000 5/4/21 561
1340 N Sutton Pl 2,650 $428 $985,000 $915,000 5/4/21 66
$400 $1,000,000 $920,000 5/3/21 38
$330 $875,000 154

REAL ESTATE NEWS YOU USE
CAN

SINGLE-FAMILY HOMES $1MM+

MAY 2021 STATISTICS

Avg. Price $1,908,625 Total Units Sold 4
Median Price $2,011,250 Avg. Market Time 310
Maximum Price $2,500,000 (days) 34
Total Sales Volume $7,634,500 Total Active Units 421
Avg. Market Time of
Active Units

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
61 E Elm St 5,200 (sq. ft.)
59 W Burton Pl 3,400 $2,650,000 $2,400,000 5/14/21 241
1512 N North Park Ave N/A $462 $1,775,000 $1,622,500 5/5/21 223
1540 N Wieland St 5,400 $477 $1,200,000 $1,112,000 5/3/21
N/A $3,199,000 $2,500,000 5/3/21 2
$463 775

GOLD COAST | STREETERVILLE MAY 2021 STATISTICS

LINCOLN

PARK

REAL ESTATE NEWS YOU USE
CAN

CONDOMINIUMS/CO-OPS $700K+

MAY 2021 STATISTICS

Avg. Price $1,226,048 Total Units Sold 66
Median Price $954,950 Avg. Market Time 141
Maximum Price (days) 94
Total Sales Volume $3,500,000 Total Active Units 186
$80,919,198 Avg. Market Time of
Active Units

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
1742 N Sedgwick St, 1 (sq. ft.)
1828 N Dayton St $799,000 $777,500 5/28/21 10
2541 N Wayne Ave, 1N 2,067 $376 $800,000 $795,000 5/28/21 10
2350 N Orchard St, 305 2,200 $361 $1,200,000 $1,200,000 5/28/21 367
2350 N Orchard St, 503 2,600 $462 $2,625,000 $2,600,000 5/28/21 14
2550 N Lakeview Ave, S2603 2,819 $922 $3,100,000 $3,120,000 5/28/21 1650
2705 N Janssen Ave 3,356 $930 $3,650,000 $3,500,000 5/28/21 1
2738 N Racine Ave, 2 3,969 $882 $750,000 $780,000 5/27/21 6
339 W Webster Ave, 6 2,250 $347 $870,000 $870,000 5/27/21 175
1740 N Clark St, 1728 1,350 $644 $899,900 $899,900 5/27/21 3
2207 N Orchard St, 3 2,800 $321 $1,050,000 $965,000 5/27/21 8
2550 N Lakeview Ave, S1803 2,600 $371 $1,100,000 $1,100,000 5/26/21 2
1717 N Larrabee St, 3N 1,700 $647 $1,599,900 $1,100,000 5/26/21 631
2649 N Mildred Ave, 1N 1,561 $705 $795,000 $787,500 5/24/21 3
2550 N Lakeview Ave, S705 N/A N/A $1,050,000 $1,094,750 5/24/21 269
2056 N Lincoln Ave 2,600 $421 $1,325,000 $1,275,000 5/24/21 38
2207 N Orchard St, 1 1,561 $817 $1,395,000 $1,361,000 5/24/21 14
1713 W Diversey Pkwy, A NA $1,425,000 $1,425,000 5/21/21 70
1820 N Dayton St, B NA $475 $750,000 $735,000 5/20/21 11
2100 N Lincoln Park West St, 7AN 3000 $283 $850,000 $835,000 5/20/21 21
2140 N Racine Ave, 1 2600 $348 $1,495,000 $1,165,000 5/20/21 200
2400 $416 $1,150,000 $1,097,500 5/18/21 6
2800 $457
2400

LINCOLN PARK MAY 2021 STATISTICS

CONDOMINIUMS/CO-OPS $700K+

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
2238 N Racine Ave, D 3066 (sq. ft.)
1900 N Sheffield Ave, 2S 1,400 $1,335,000 $1,280,000 5/18/21 22
1900 N Sheffield Ave, 3S 1,450 $417 $799,000 $725,000 5/17/21 200
1900 N Sheffield Ave, 3N 1,450 $518 $899,000 $846,000 5/17/21 216
2350 N Orchard St, 501 2,819 $583 $899,000 $849,000 5/17/21 86
2727 N Wilton Ave, 2 1,800 $586 $2,800,000 $2,725,000 5/17/21
2753 N Hampden Ct, PHC 3,555 $967 $700,000 $700,000 5/14/21 1
2550 N Lakeview Ave, S2803 3,679 $389 $2,800,000 $2,225,000 5/14/21 5
1531 W Montana St, 1 2,400 $626 $3,850,000 $3,400,000 5/14/21 264
956 W Webster Ave, 2 1,634 $924 $999,900 $959,900 5/13/21 195
2631 N Bosworth Ave, 2 1,509 $400 $749,000 $712,000 5/12/21 401
2317 N Bosworth Ave 3,512 $436 $825,000 $749,900 5/12/21 20
$497 $1,049,000 $1,010,000 5/12/21 260
1201 W Wrightwood Ave, 21 N/A $288 202
745 W Dickens Ave, 2 1,700 $900,000 $870,000 5/11/21
936 W Montana St, 101 3,500 N/A $725,000 $715,000 5/10/21 1
2350 N Orchard St, 401 2,819 $421 $1,550,000 $1,435,000 5/10/21 3
2755 N Lakewood Ave, 4S 1,780 $410 $2,725,000 $2,700,000 5/10/21 302
2734 N Southport St, D 2,732 $958 $855,000 $837,500 5/7/21 1
2014 N Sheffield Ave, B3 3,300 $471 $845,000 $845,000 5/7/21 13
1154 W Wrightwood Ave, 1 2,500 $309 $1,049,900 $950,000 5/7/21 6
2749 N Lakewood Ave, 1S 3,074 $288 $1,175,000 $993,000 5/7/21 59
2550 N Lakeview Ave, S1205 1,561 $397 $1,049,000 $1,045,000 5/7/21 293
2350 N Orchard St, 604 3,596 $340 $1,500,000 $1,230,000 5/7/21 10
204 W St Paul Ave 1,950 $788 $3,500,000 $3,500,000 5/7/21 500
1110 W Schubert Ave, 201 1,829 $973 $825,000 $873,000 5/6/21 2
1110 W Schubert Ave, 401 2,535 $448 $1,195,000 $1,113,098 5/6/21 6
2550 N Lakeview Ave, S2501 2,843 $609 $1,875,000 $1,572,500 5/6/21 271
1351 W Altgeld St, 3A 3,100 $620 $3,350,000 $2,750,000 5/6/21 658
$967 $945,000 $940,000 5/5/21 590
$303 1

REAL ESTATE NEWS YOU USE
CAN

CONDOMINIUMS/CO-OPS $700K+

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
2628 N Wayne Ave, 1S 2,400 (sq. ft.)
2305 N Commonwealth Ave, 2S 3,600 $1,050,000 $1,045,000 5/5/21 4
863 W Wrightwood Ave, 3 1,400 $435 $1,375,000 $1,180,000 5/5/21 79
1631 N Vine St 1,414 $328 $789,000 $700,000 5/4/21 9
2700 N Hermitage Ave 2,606 $500 $720,000 $700,000 5/4/21 123
1616 N Hudson Ave, 8 3,000 $495 $799,900 $799,900 5/4/21 8
2146 N Racine Ave, 2 1,600 $307 $899,000 $800,000 5/4/21 144
2621 N Southport Ave, 2 1,400 $267 $699,000 $704,000 5/3/21 14
2702 N Lehmann Ct, 3 2,600 $440 $850,000 $745,000 5/3/21 222
1870 N Sheffield Ave, 1S 1,458 $532 $769,000 $761,250 5/3/21 8
1201 W Wrightwood Ave, 7 1,700 $293 $820,000 $775,000 5/3/21 65
1936 N Kenmore Ave, 3S 1,400 $532 $824,900 $830,000 5/3/21 143
2649 N Mildred Ave, 1S 2,600 $488 $925,000 $897,500 5/3/21 133
422 W Deming Pl, 1W 2,495 $641 $1,045,000 $1,040,000 5/3/21 203
$400 $1,325,000 $1,200,000 5/3/21 1
$481

GOLD COAST |LISNTCROELENTPEARRVKILL|EMJANY 2021 STATISTICS

SINGLE-FAMILY HOMES $1MM+

MAY 2021 STATISTICS

Avg. Price $2,054,297 Total Units Sold 31
Median Price $1,815,000 Avg. Market Time 116
Maximum Price $4,000,000 (days) 69
Total Sales Volume $63,683,219 Total Active Units 139
Avg. Market Time of
Active Units

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
1444 W Altgeld St 3,600 (sq. ft.)
2126 N Lincoln Park West 4,500 $1,050,000 $1,000,000 5/28/21 83
2250 N Wayne Ave 2,600 $278 $4,150,000 $4,000,000 5/28/21 14
1836 N Sedgwick St 5,500 $889 $1,495,000 $1,475,000 5/27/21 5
2223 N Seminary Ave 3,648 $567 $2,795,000 $2,597,500 5/27/21 129
2206 N Kenmore Ave 2,515 $472 $1,925,000 $1,925,000 5/26/21 6
2612 N Magnolia Ave 5,073 $528 $1,200,000 $1,050,000 5/25/21 215
2022 N Clifton Ave 5,236 $417 $1,795,000 $1,667,500 5/25/21 105
850 W Belden Ave 2,898 $329 $2,849,000 $2,370,000 5/25/21 191
1133 W Schubert Ave 5,278 $453 $1,100,000 $1,100,000 5/24/21 3
2116 N Sedgwick St 2,850 $380 $1,450,000 $1,310,000 5/24/21 44
2129 N Kenmore Ave 7,000 $248 $1,499,000 $1,450,000 5/24/21 9
1728 N Hudson Ave 4,000 $509 $4,900,000 $3,925,000 5/21/21 435
2121 N Sedgwick St 3,500 $561 $1,625,000 $1,425,000 5/20/21 73
2317 N Geneva Ter 6,000 $356 $1,900,000 $1,850,000 5/20/21 95
1909 N Dayton St 5,200 $529 $2,999,900 $2,779,500 5/20/21 396
2252 N Racine Ave 3,521 $463 $3,600,000 $3,475,000 5/20/21 284
$668 $1,875,000 $1,710,000 5/18/21 55
$486

REAL ESTATE NEWS YOU USE
CAN

SINGLE-FAMILY HOMES $1MM+

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
1841 N Maud Ave 4,800 (sq. ft.)
2040 N Mohawk St 6,800 $2,695,000 $2,650,000 5/18/21 34
2727 N Seminary Ave 2,700 $552 $3,895,000 $3,750,000 5/14/21 71
808 W Altgeld St N/A $551 $1,395,000 $1,315,000 5/13/21 16
2629 N Paulina St 4,836 $487 $1,275,000 $1,250,000 5/7/21 146
1888 N Maud Ave 3698 N/A $2,200,000 $1,815,000 5/7/21 52
2643 N Burling St 4,403 $375 $1,995,000 $1,850,000 5/7/21 3
2734 N Racine Ave 3,500 $500 $1,995,000 $1,995,000 5/7/21 6
2655 N Bosworth Ave 4,386 $453 $2,099,000 $2,060,000 5/6/21 2
2623 N Mildred Ave 3,600 $589 $1,799,000 $1,638,219 5/5/21 314
1841 N Sedgwick St 8,500 $374 $1,375,000 $1,200,000 5/4/21 205
2237 N Wayne Ave N/A $333 $4,750,000 $3,900,500 5/4/21 48
2220 N Wayne Ave N/A $459 $1,250,000 $1,000,000 5/3/21 12
1840 N Fremont St 5,654 N/A $1,499,000 $1,325,000 5/3/21 4
N/A $3,050,000 $2,825,000 5/3/21 538
$500

LINCOLN PARK | MAY 2021 STATISTICS

LAKEVIEW

REAL ESTATE NEWS YOU USE
CAN

CONDOMINIUMS/CO-OPS $700K+

MAY 2021 STATISTICS

Avg. Price $841,077 Total Units Sold 31
Median Price $808,000 Avg. Market Time 65
Maximum Price $1,215,000 (days) 35
Total Sales Volume $26,073,400 Total Active Units 107
Avg. Market Time of
Active Units

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
504 W Barry Ave, 2W 2,200 (sq. ft.)
3841 N Janssen Ave, 2 1,900 $799,000 $799,000 5/30/21 21
1724 W Surf St, 34 2,500 $363 $750,000 $745,000 5/28/21 142
1117 W Barry Ave, 6 1,900 $392 $769,000 $764,500 5/28/21
843 W Buckingham Pl, 4E 1,600 $306 $774,900 $770,000 5/28/21 2
2939 N Clark St, 4N 1,850 $405 $830,000 $830,000 5/28/21 7
3929 N Greenview Ave, 3 1,710 $519 $860,000 $855,000 5/28/21 4
1740 W Cornelia Ave, 201 1,650 $462 $969,000 $955,000 5/28/21 87
3621 N Lakewood Ave, 1S 2,800 $558 $669,900 $700,000 5/25/21 163
1723 W Belmont Ave, A 2,800 $424 $825,000 $808,000 5/25/21 5
1542 W George St, B 2,600 $289 $845,000 $825,000 5/25/21 10
3046 N Ashland Ave, 1 3,200 $295 $798,000 $735,000 5/21/21 10
1022 W Diversey Pkwy, 3 1,600 $283 $945,950 $849,000 5/19/21 162
1341 W George St, 3 1,400 $265 $799,900 $735,000 5/18/21 18
773 W Melrose St, 2,200 $459 $775,000 $715,000 5/17/21 26
2934 N Paulina St 3,500 $511 $810,000 $770,000 5/17/21 22
$350 $1,000,000 $975,000 5/17/21 15
$279 45

LAKEVIEW | MAY 2021 STATISTICS

CONDOMINIUMS/CO-OPS $700K+

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
507 W Roscoe St, 2 3,500 (sq. ft.)
3434 N Southport Ave, 2 1,700 $1,229,000 $1,215,000 5/17/21 5
2845 N Burling St, 3N 1,825 $347 $725,000 $712,500 5/14/21 22
2858 N Paulina St 2,845 $419 $715,000 $730,000 5/14/21 5
2850 N Lakewood Ave, C 2,100 $400 $875,000 $875,000 5/14/21 5
1342 W Belmont Ave, 2W 1,600 $308 $715,000 $700,000 5/12/21 4
717 W Aldine Ave, 1 2,600 $333 $779,900 $779,900 5/10/21 5
2941 N Southport Ave, 1 2,400 $487 $1,050,000 $1,005,000 5/10/21 9
916 W Barry Ave, 1 2,600 $387 $975,000 $970,000 5/7/21 2
3346 N Southport Ave, 1S 2,600 $404 $1,049,000 $1,000,000 5/7/21 159
2819 N Lincoln Ave, 3 2,000 $385 $924,500 $925,000 5/5/21 4
4103 N Southport Ave 3,255 $356 $819,000 $770,000 5/4/21 662
1454 W Diversey Pkwy, 2 2,100 $385 $849,000 $855,000 5/4/21 3
3321 N Kenmore Ave, 3 1,413 $263 $1,125,000 $1,085,000 5/4/21 144
2835 N Lakewood Ave, 5B 2,200 $517 $715,000 $745,500 5/3/21 7
$528 $929,900 $875,000 5/3/21 242
$398

REAL ESTATE NEWS YOU USE
CAN

SINGLE-FAMILY HOMES $1MM+

MAY 2021 STATISTICS

Avg. Price $1,613,107 Total Units Sold 14
Median Price $1,450,000 Avg. Market Time 40
Maximum Price $3,000,000 (days) 29
Total Sales Volume $22,583,500 Total Active Units 180
Avg. Market Time of
Active Units

ADDRESS ASF PRICE ORIGINAL SALE CLOSED MARKET
PRICE PRICE DATE TIME
1321 W Nelson St 4,000 (sq. ft.)
3831 N Ravenswood Ave N/A $1,449,900 $1,385,000 5/28/21 5
1729 W Melrose St 4,200 $346 $1,249,900 $1,220,000 5/27/21 35
4022 N Hermitage Ave N/A $1,399,500 $1,519,000 5/26/21 2
1746 W Surf St 4,000 $362 $1,174,400 $1,242,000 5/21/21 2
1111 W Wellington Ave 8,000 $311 $3,399,000 $3,000,000 5/21/21 119
3121 N Clifton Ave $375 $1,100,000 $1,010,000 5/19/21 33
1516 W Henderson St N/A N/A $1,250,000 $1,325,000 5/17/21 96
1238 W School St 4,000 $331 $1,850,000 $1,850,000 5/17/21 1
1734 W Fletcher St N/A $2,650,000 $2,650,000 5/14/21 14
1342 W Melrose St N/A $552 $1,700,000 $1,630,000 5/13/21 60
1309 W Nelson St 4,800 $379 $1,699,000 $1,625,000 5/12/21 64
2903 N Racine Ave 4,300 $329 $1,549,500 $1,515,000 5/7/21 1
1707 W Nelson St 4,945 $379 $1,399,000 $1,365,000 5/6/21 17
4,000 $525 $1,349,000 $1,247,500 5/5/21 105
2,600 $312
4,000

LAKEVIEW | MAY 2021 STATISTICS

SOME CURRENT LISTINGS

1209 N ASTOR STREET #7S 3 Beds | 3 Baths | 2,500 sq. ft. $1,295,000

1235 N ASTOR STREET #1S 4 Beds | 3 Baths | 3,500 sq. ft. $1,195,000

1320 N STATE PARKWAY #8D 3 Beds | 2 Baths | 2,700 sq. ft. $785,000

YOUR MOST

TRUSTED

REAL ESTATE ADVISOR.

CRAINS MOST NOTABLE RESIDENTIAL REAL ESTATE BROKER

Meredith Manni Meserow

CONSISTENTLY AMONG THE TOP 1% OF REALTORS

MOBILE: (312) 543-4447
[email protected]

As seen in Crain’s Chicago Business

GOLD COAST | STREETERVILLE JAN 2021 STATISTICS