Lincoln Square Home Sells for Double Its Price in 2001

Two homes on the North Side sold for just over $1 million, Chicago Magazine reports. Both houses, one in Lake View and the other in Lincoln Square, closed on the last day of April.

In Lincoln Square, buyers bought the Bowmanville home at 1944 W. Farragut Ave. for $1,075,000. The original owners paid almost half that when they bought it in 2001, according to the Cook County Recorder of Deeds.

The original purchase price in 2001 was $417,000, but since then, the owners rehabbed the building into a six-bedroom home with wine cellar, fireplaces and rooftop patios on the house and garage. 

Listing agent Deborah Hess told Chicago Magazine the home was on the market for 20 months, first at a higher price.

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The Lake View home had only been for sale since February. Located within the Blaine Elementary School boundaries, the four-bedroom home had a completely renovated kitchen and rooftop deck, listing details show. 

After 30 showings in 12 days, the home at 1140 W. Patterson Ave. went under contract, Chicago Magazine reports. Previous owners of the home paid $960,000 in 2006, and sold it for $1,050,000, according to the Cook County Recorder of Deeds.