Uptown Real Estate
As in most parts of Chicago, the vast majority of Uptown homes
condos or townhomes. You can browse through the MLS listings for Uptown
homes at the links below:
condos and townhomes for sale
single family homes for sale
multi-unit buildings for sale
Uptown Housing Market
Whew! The home inventory situation in Uptown has finally
of the worst in the city. In 2011 condo inventory
levels peaked at almost a 2 year's supply. Then the situation
homebuyer tax credit was in force. But as soon as that ended all hell
broke loose, with contract activity falling off a cliff. However,
the tail end of 2011started to show some
improvement, with more contracts being written and/or fewer condos on
the market, and then 2012 really started to look up. In fact, by
traditional measures October was in "seller's market" territory.
The graph below shows just how dramatically the inventory
situation has improved.
Meanwhile, the number of days that properties have been on the
market has historically fluctuated between 110 and 150 days with a
fall peak that corresponds to the high inventory levels at
time of year. But you will notice a recent improvement in Uptown condo market
times in the graph below that corresponds to the improved real estate market conditions.
Believe it or not,
for downtown Chicagoans in 1900 going "Up North" would have meant
taking a trip to Uptown. Roughly bounded by Montrose on the
south,Foster to the north, Ashland to the west and Lake Michigan to the
east,Uptown became a popular summer resort for downtown residents at
the turn of the century. With the arrival of the El in 1900, city
dwellers flocked to Uptown to enjoy the quiet and neat gardens. Pretty
soon, the serene gardens were surrounded by residential hotels and
apartments as well as a commercial hub and booming nightlife. Young
singles and couples living in small apartments, ate out frequently, and
were more than ready to be entertained and Uptown was the place.
Housing and Architecture
In the 1920's, Uptown became known as an entertainment
Many early film stars such as Charlie Chaplin, produced films on Argyle
Street at the Essanay Studios. Additionally, Uptown played a
considerable role in bringing in the Jazz Age, the Silent Film Era, the
Swing Era, and the Big Band Era. To this day, Uptown is home to many
entertainment venues such as: The Aragon Ballroom, Riviera
Theater,Green Mill Jazz Club and the Uptown Theatre. Uptown has been
and continues to be a popular Chicago entertainment district.
During the 1950's, Uptown experienced a decline in housing and
attraction. People were leaving for the suburbs since the trains now
went further. Homes were aging and the great mansions were getting
turned into apartments. Migrants from the South and Appalachia moved
into the residential hotels that once housed sailors' wives and even
earned the name Hillbilly Heaven. The influx continued with other
immigrants arriving from such places as Latin America, Asia, Bosnia and
In Uptown one can still find great old historic buildings
the finest craftsmanship and ornate artistry. Beginning at the turn of
the 19th Century, the entire area experienced a housing construction
boom. Many of the large, extravagant buildings and Theaters that were
built at that time still exist in Uptown Square. Uptown has retained
many of the old buildings and neighborhood character through the
gentrification process that includes teardowns and condo conversions.
Most of the six-flat rentals present in Sheridan Park, when it became a
historic district 20 years ago, have gone condo.
In Uptown, homes, condos and apartments are spacious and the
space is a result of the neighborhood's larger lot sizes which are
generally up to twice as wide as a normal City lot. When comparing the
prices to the surrounding neighborhoods' such as Lakeview and Lincoln
Park, one will find that money goes further in Uptown. The average
single family home goes for somewhere in the range of$700-$900k or as
high as several million dollars. A two bedroom condo can range from
$275 to $400k,depending on the size
Uptown is comprised of several
Uptown is a microcosm of Chicago. It's a mix of chic and
ends in a lakefront. Like Chicago, it has not one history but a
Buena Park is a bounded by Montrose Avenue on the North,Irving
Road on the South, Graceland Cemetery to the West and Lake Shore Drive
to the East. Buena Park has a suburban appeal with homes that have long
driveways and garages.
Sheridan Park is a neighborhood bounded by Lawrence Avenue on
north, Clark on the west, Montrose on the south and Broadway on the
east. You can find out more about this area on our Sheridan
Park profile page.
Argyle Street, from Sheridan to Broadway and spilling onto
is home to residents of mostly Vietnamese and Cambodian nationality. In
the span of a few city blocks, Little Vietnam contains several Asian
grocery stores, bakeries, trading companies as well as more than a
dozen restaurants offering Vietnamese,Laotian,Thai, and Chinese
cuisine. This area is locally called by many different names,including
Little Chinatown, North Chinatown, New Chinatown, Little Saigon, New
Saigon, Little Cambodia or Vietnamese Town.
Margate Park forms the eastern border of Uptown. Historic
mid-rises and tree-lined streets reflect the area's development in the
bustle of the early 1900s. The diverse housing also includes ornate,
terra-cotta clad hotels. This lakefront neighborhood is home to Margate
Field house, a gym and fitness facility. The area around the field
house is an official off-leash area in the city for dogs.
Andersonville Terrace (North Uptown)
The Andersonville Terrace neighborhood is bordered by Lawrence
the south, Foster to the north, Broadway to the east, and Clark to the
west. Andersonville Terrace is sometimes called SOFO (South of Foster).
How Hollywood! The Andersonville Terrace neighborhood is rich in Uptown
history as it is home to Essanay Studios, The Green Mill, and the
Aragon Ball Room
Modeled after a Spanish courtyard the Aragon Ballroom
18,000 dancers a week to its circular floor. The Aragon fell on hard
times,with the decline of big-band music. Today, the Aragon is a venue
for Latino, rock, and hip-hop acts.
The Riviera Theater, a popular music venue,once featured live
performances with the movies. The seats were removed in the seventies
and it was converted to a concert venue.
The Uptown Theatre is large and very ornate holding more than
seats. A palace of sorts, and the largest in Chicago, it is an
architectural gem. The Uptown Theatre is currently closed and severely
decayed, but was recently sold to Jam Productions Ltd, a Chicago-based
music promoter who plans to restore the building.
Green Mill Jazz Club
Fashioned after The Moulin Rouge Gardens in Paris, the grounds
the Green Mill once contained a sunken gardens area surrounded by a
wall. Nightly entertainment abounded during the summer months. Once a
dining room, the Green Mill Cocktail Lounge is now famous for its
weekly poetry slams and performances by top jazz artists.
The history of The Rainbo is diverse. At one point, it was a
popular outdoor music garden. Opened in 1921,Mann's Million Dollar
Rainbo Room was said to be the largest nightclub in America,featuring
some of the biggest names in musical entertainment. In the late 1920's
and early 30's the Rainbo became a major casino and sports venue,
called the Rainbo Front on. In the mid 30's, the Rainbo became a
popular dinner theatre called Mike Todd's.
Mike Todd's was converted to an ice skating rink, called
Arena. The Rainbo was home to Chicago Blackhawks and several Olympic
skaters. In the 60's, The Rainbo was a popular roller rink until it was
torn down in 2002 for a new housing development called Rainbo Village.
Destroyed in a fire in the 1950s, the Arcadia Ballroom, at
Broadway was one of the first Dance Halls in Chicago. In the 1920s and
1930s, it was one of the few places on the north side of Chicago which
would book black jazz bands.
At 5100 N. Broadway, the 5100 Club ,was a nightclub that
comedy performances before the advent of television. The famous
comedian Danny Thomas was a frequent performer.
There is no shortage of outdoor areas to enjoy the outdoors in
Uptown, summer or winter. Montrose Harbor is home to the Chicago
Corinthian Yacht Club and is a marina for boaters. Bird lovers can
enjoy the sounds of nature at the Montrose Point Bird Sanctuary, also
known as the Magic Hedge, a refuge for migrating birds.
During the winter, kids of all ages can enjoy the great
hill. Humans and dogs alike can frolic at Puptown Dog Park. Then there
is the Wilson Skate Park and Waveland Golf Course for the more
adventurous. Water lovers enjoy Montrose Beach which has the only dog
beach in the city. On any given summer day you can find many in-line
skaters, joggers, soccer players and kite flyers. There are even the
brave who fish the waters. In the 1950s and '60s Montrose Harbor housed
Nike missile base, protecting the lakefront from Soviet bombers. The
missiles are now long gone.
Clarendon and Margate Park feature athletic fields, children's
playgrounds and indoor sports facilities. Chase Park, located on the
west side of Clark Street at Leland Avenue, has indoor and outdoor
athletic facilities, as well as an outdoor pool and tennis court.
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