Distinguished by a captivating past that lingers in the occasional brick alley, the thriving commercial district along Wells Street, and the faint toll of bells from St. Michael's Church, Old Town is a historic Chicago neighborhood, reborn into the 21st century with an ardor that has captured many people's interest as an enchanting place to live and a safe environment to raise a family. Old Town's beautiful residential blocks, lined with century-old grey- and brownstone walkups, are broken up by the flurry of activity along the neighborhood's central thoroughfare. Old Town boutiques are known for their specialty items, local designer wares and one-of-a-kind fashions for you and your home. Tucked in among the awning-covered storefronts are popular dining spots that are regular stops for in-town celebrities. In the summer, Old Town explodes with fun and excitement as folks come from all around to visit the neighborhood street festivals, which are among the most beloved in Chicago.
Old Town Real Estate and Neighborhood Information
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Old Town Real Estate
The Old Town Triangle is a family-oriented, relatively low-density neighborhood with an abundance of historic character. Because it was granted historic landmark status in the late 1970s, many of the buildings in the vicinity date back to the 19th century. Brick row house and stone townhomes dominate the residential avenues along with "workman's cottages" and three- and four-story condominium buildings, plus some high-rises along Clark Street. Due to the neighborhood's historic designation, most of the homes maintain a vintage aspect, but some new construction homes have added a fresh appeal in recent years.
With beautifully landscaped lots, winding tree-lined streets, gorgeous residential properties and an atmosphere that welcomes starter families, young working adults and long-established residents alike, Old Town Triangle is a desirable place to live, and as such, is in very high demand. The real estate here is split between detached single-family homes and multi-unit dwellings. Sharing similar prices as the surrounding Lincoln Park neighborhood, homebuyers will find a range of property values throughout the area that suit various budgets and living preferences.
Living in the Old Town Triangle holds a special pride that ties neighbors together and forms lasting bonds. You'll see people out on their patios or stoops chatting with passersby, parents pushing their children in the swings at the playlot with other parents, and dog owners convening at the dog park with both their two-legged and four-legged friends. And don't be surprised if your street is temporarily closed down for a day in lieu of a neighborhood block party, complete with picnic tables, games, live band and lots of home cooked dishes to pass.
Check out our Old Town home sales statistics here to get an idea of the real estate market trends in this neighborhood.
Old Town market trends
The average sale price of a home in Old Town is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on Old Town sign up for the trends report below or contact your Dream Town broker.
The average number of days a home in Old Town spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in Old Town sign up for the trends report below or contact your Dream Town broker.
The average sale price of a home compared to its listing price in Old Town is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on Old Town sign up for the trends report below or contact your Dream Town broker.
The total number of listings in Old Town is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on Old Town sign up for the trends report below or contact your Dream Town broker.
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