Lincoln Park Chicago 60614 News
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DePaul Art Museum's New Exhibit Explores Meaning Behind 'Invisible' Signs

DePaul Art Museum's New Exhibit Explores Meaning Behind 'Invisible' Signs | Lincoln Park Chicago 60614 News | Scoop.it
Matt Siber photographed the sides of everyday signs to bring attention to the structures.
Jim Gramata's insight:

Like focusing on the cone instead of the ice cream...

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Seasonal Adjustment or Market Shift? September Sheffield Real Estate Market Report 2015 is out

Seasonal Adjustment or Market Shift? September Sheffield Real Estate Market Report 2015 is out | Lincoln Park Chicago 60614 News | Scoop.it
Jim Gramata's insight:

What is the buzz in Sheffield Neighborhood of Lincoln Park for condos, single-family homes and multi-unit properties for the month of September 2015? Seasonal slowdowns or market changes? Time will tell

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Please rank what is important to you in improving our Sheffield Neighborhood | EveryBlock Chicago

Please rank what is important to you in improving our Sheffield Neighborhood | EveryBlock Chicago | Lincoln Park Chicago 60614 News | Scoop.it
EveryBlock is the leading Web site for neighborhood discussions and block-level news, including the latest news stories, crime reports, real estate listings and business reviews.
Jim Gramata's insight:

Rank what is important to you in our Sheffield Neighborhood of Lincoln Park

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Lincoln Park Zoo's Fall Fest Features Cornucopia of Family Fun | Lincoln Park, IL Patch

Lincoln Park Zoo's Fall Fest Features Cornucopia of Family Fun | Lincoln Park, IL Patch | Lincoln Park Chicago 60614 News | Scoop.it
Lincoln Park, IL - Get into the season at the zoo's first ever Fall Fest running the first three weekends in October.
Jim Gramata's insight:

I saw them setting up yesterday on my run through the zoo and it looks great!

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Do you Own a Townhome in Lincoln Park? Great news!

Do you Own a Townhome in Lincoln Park? Great news! | Lincoln Park Chicago 60614 News | Scoop.it
Jim Gramata's insight:

My recent post about town homes in Lincoln Park show the huge buyer demand in Lincoln Park for townhomes. Historic lows. Check it out here on SheffieldNeighbors.com

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Median Home Pricing Trends: Lincoln Park East vs Sheffield vs Park West vs Wrightwood Neighbors for Detached Resale Homes: Lincoln Park, Chicago

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A side by side look at homes prices comparing four neighborhoods within Lincoln Park. Some interest stats and trends 

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What's Chicago's Best Neighborhood? This Study Says Lincoln Park - Lincoln Park - DNAinfo.com Chicago

What's Chicago's Best Neighborhood? This Study Says Lincoln Park - Lincoln Park - DNAinfo.com Chicago | Lincoln Park Chicago 60614 News | Scoop.it
The Loop came in at number two, followed by River North and Lakeview.
Jim Gramata's insight:

A real world class neighborhood! 40% 'other' makes me believe there are tons of great neighborhoods in our city!

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Bulls Star Joakim Noah Sells Lincoln Park Mansion for $2.875M - Curbed Chicago

Bulls Star Joakim Noah Sells Lincoln Park Mansion for $2.875M - Curbed Chicago | Lincoln Park Chicago 60614 News | Scoop.it
Chicago Bulls star and man bun aficionado Joakim Noah has officially dumped his Lincoln Park digs. Noah made big news last October when he paid $2.85 million for a...
Jim Gramata's insight:

He just frickin bought this home! Sold!

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DePaul Art Museum's New Exhibit Explores Meaning Behind 'Invisible' Signs

DePaul Art Museum's New Exhibit Explores Meaning Behind 'Invisible' Signs | Lincoln Park Chicago 60614 News | Scoop.it
Matt Siber photographed the sides of everyday signs to bring attention to the structures.
Jim Gramata's insight:

Like focusing on the cone instead of the ice cream...

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Sheffield Neighborhood vs Lincoln park residential market activity report for single-family homes

Sheffield Neighborhood vs Lincoln park residential market activity report for single-family homes | Lincoln Park Chicago 60614 News | Scoop.it
Jim Gramata lives and works in Lincoln Park and make the Sheffield Neighborhood his family home.
Jim Gramata's insight:

A post comparison of the micro-neighborhood of Sheffield to all of Lincoln Park for detached homes activity reports. 

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Lincoln Park Median Market Time Climbing for Detached SF Resale Homes

Lincoln Park Median Market Time Climbing for Detached SF Resale Homes | Lincoln Park Chicago 60614 News | Scoop.it
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Jim Gramata's curator insight, September 2, 2015 1:57 PM

Median market times climbing above 60 days once again in Lincoln Park for resale detached single family homes. 

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Resale Market Beginning to Recover from Peak Sales in Dec 2013

Resale Market Beginning to Recover from Peak Sales in Dec 2013 | Lincoln Park Chicago 60614 News | Scoop.it
Jim Gramata's insight:

The resale market has been hit hard by the new construction market as we see in many neighborhoods across the city the resurgence of new construction homes dominating the market. 


Across Chicago, the resale recovery hit its peak sales month in December 2013 with over 10,000 resale units sold that month. In January 2014 it hit the most recent nadir of closed resales at 9442 units. However as the graph indicates sales are beginning to rebound but are still well below the peak 10,332 units in Dec '13. 


This is still a massive improvement from the worst of the worst nadir for total number of closed resale homes in August 2008 where only 5,649 homes closed. 

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Jim Gramata's curator insight, September 2, 2015 1:39 PM

The resale market has been hit hard by the new construction market as we see in many neighborhoods across the city the resurgence of new construction homes dominating the market. 


Across Chicago, the resale recovery hit its peak sales month in December 2013 with over 10,000 resale units sold that month. In January 2014 it hit the most recent nadir of closed resales at 9442 units. However as the graph indicates sales are beginning to rebound but are still well below the peak 10,332 units in Dec '13. 


This is still a massive improvement from the worst of the worst nadir for total number of closed resale homes in August 2008 where only 5,649 homes closed. 

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Average New Construction Home Prices in Chicago Tops $1M

Average New Construction Home Prices in Chicago Tops $1M | Lincoln Park Chicago 60614 News | Scoop.it
Jim Gramata's insight:

A year ago the average price of a single family home in Chicago (all areas) was $978,814 but today that number is up over 11% with the average new construction single family home in Chicago costing $1.075,917. 


Median home sale pricing was up over 16% to $835,000 from $725,400 median pricing just one year ago. 


The new home sales across the city are dominating the sales activity and in many cases causing resale homes to suffer. The 'older' homes (some built as recently as 2009) are losing out to new construction because they are not outfitted with the newest features and finishes and design layout preferred by the new picky home buyers in the market. 

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Median Sales Price for Chicago Homes up 11.7%

Median Sales Price for Chicago Homes up 11.7% | Lincoln Park Chicago 60614 News | Scoop.it
Jim Gramata's insight:

The detached single family home market in CHicago is continuing its upward climb as median home prices jump over 11% year over year. Check out this interactive graph going back three years

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PHOTOS: Red panda cubs growing quickly at Lincoln Park Zoo

PHOTOS: Red panda cubs growing quickly at Lincoln Park Zoo | Lincoln Park Chicago 60614 News | Scoop.it
The Lincoln Park Zoo's new baby red pandas, who are two months old, had their second physical exam on Tuesday.
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Michael Jordan, Nike opening all-Jordan store in Chicago - ESPN

Michael Jordan, Nike opening all-Jordan store in Chicago - ESPN | Lincoln Park Chicago 60614 News | Scoop.it
In March 1985, Air Jordan I's hit retail stores in Chicago at $65 a pair. Three decades later, Jordan, a separate brand operating under the Nike umbrella, is opening a store in the Windy City.
Jim Gramata's insight:

The Jordan brand continues. Jordan and Nike from business partnership and it will start in Chicago 

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Market Slowing? Months Supply of New Home Sales in Lincoln Park Going Up

Market Slowing? Months Supply of New Home Sales in Lincoln Park Going Up | Lincoln Park Chicago 60614 News | Scoop.it
Jim Gramata's insight:

If no new construction single family homes in Lincoln Park were to come on the market it would take over 10 months at the current rate of sales for the market to absorb the current supply of housing. That is up from a low of 5.8 months last year in September (2014) and at a level we have not seen since Sept 2012 when it hit 10.2 months. That 10.1 month absorption rate is up 21.1% from last year. 


While new construction is still the king of the market in terms of buyer demand that rate of sales is slowing and the question is why. It is consistent with my luxury market sales and rising market times for both new and resale luxury residences. 


They're taking longer to sell contrary to media articles that seem to come out almost daily. 

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Scene in the 'Hood: Lincoln Park, Old Town

Scene in the 'Hood: Lincoln Park, Old Town | Lincoln Park Chicago 60614 News | Scoop.it
Our choices for the top Instagram pics taken in Lincoln Park and Old Town this week.
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Hyperlocal Groupon and Lincoln Park Chamber of Commerce Partnership

Hyperlocal Groupon and Lincoln Park Chamber of Commerce Partnership | Lincoln Park Chicago 60614 News | Scoop.it
Groupon and Lincoln Park Chamber of Commerce Partner for Dedicated ...
Jim Gramata's insight:

I love hyper local and for a cause. Let's hope this idea gets some legs. Check it out

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Air and Water Show Parachutist in Surgery After Hitting Building: Reports

Air and Water Show Parachutist in Surgery After Hitting Building: Reports | Lincoln Park Chicago 60614 News | Scoop.it
Two parachutists were injured during Saturday's show, media reports and an Army official said.
Jim Gramata's insight:

Air and Water Show Parachutist in Surgery After Hitting Building: Reports via @DNAinfoCHI http://dnain.fo/1DVWD45

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Lincoln Park's Chicago Food and Wine Fest: $550 'all-in' pass. I'd rather fly to Napa...

Lincoln Park's Chicago Food and Wine Fest: $550 'all-in' pass. I'd rather fly to Napa... | Lincoln Park Chicago 60614 News | Scoop.it
Expect to see wine and spirit brands from around the country, ranging from Michigan to California.
Jim Gramata's insight:

For the cost of this all in admission fee (which does include a lot) the reward does not seem to match the price for admission. There are lower single day admissions but this is steep. Flights to Napa are lower than the all in pass

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Median Sales Price for 8007 - CHI - Lincoln Park and more

Median Sales Price for 8007 - CHI - Lincoln Park and more | Lincoln Park Chicago 60614 News | Scoop.it
Jim Gramata's insight:

Single family homes continue to soar in Lincoln Park up 15.5% in just the past 12 months. Add in new construction and you're over 22% median sales price increase in one year! Low supply and buyer demand continue to push the hot neighborhood into new pricing levels. 

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Developer aims to convert funeral home to retail, apartments

Developer aims to convert funeral home to retail, apartments | Lincoln Park Chicago 60614 News | Scoop.it
Ten units and a restaurant are planned for the Lakeview property.
Jim Gramata's insight:

I am surprised the zoning (or community groups) would not allow more units on this site in Lincoln Park. Let's hope Lou Mitchell's is the restaurant tenant!

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Curated by Jim Gramata
Healthy Homes Chicago is primarily about breaking routine and becoming aware of where healthy improvements can be made. Sustainable building has been a passion for 20 years. How to make healthy sustainable homes in Chicago and around the globe.