Snapped a few photos of some older homes in Lincoln Park West. These are vintage 1880s. The one on the left, only half in the frame, looked restored, but the others are kind of seedy up close. Still there's something charming about them.
Just to the right of the group above, is a single family home. For a moment I assumed it was old and nicely restored. Then I realized it looks like some of the other buildings in the area that replaced the many tear downs. Zillow calls it a French Limestone and it was built in 2001.
It was put on the market in April 2011 for 13% less than the 2007 purchase price. It was pulled from the market, unsold, in October 2011. Zillow estimates the true market price at 26% less than the 2007 purchase price. In this price range, that's a huge hit, but a lot of new homes were built and many changed hands in this neighborhood just before the market collapse. A couple of contractors who built homes on this street lost their shirts and, until recently, there were vacant, new, multimillion dollar homes sitting unsold on this block. Not to worry about the denizens of Lincoln Park. The crack dealers aren't moving in, and it's still an über shi-shi neighborhood. For many of the residents, the crash was just a speed bump.