Nancy Gaspadarek
Nancy Gaspadarek
Closing the Loop for Buyers and Sellers
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  "Nancy gave us tremendous personal attention in our house hunting adventure. She provided us with new listings on a daily, sometimes hourly basis, and always made herself available to do showings and answer questions. Not only did she help us get our financing, she even went so far as to find us a temporary living arrangement until we could move into our new place. I would recommend Nancy to all of our friends in the future."

Julia M.
Chicago, IL

 
 
Lincoln Square

  Lincoln Square   Boundaries
Housing Averages
A Brief History
Fun Facts

Boundaries

(keep in mind many neighborhoods dovetail or overlap. In a sense, many combine to make one larger neighborhood)

Lincoln Ave & Lawrence (4800 N) to Western Ave (2400 W).

 
 
Housing Averages

(These statistics are compiled by the Chicago Association of Realtors)

For Condominiums:
  Total Number of Units Sold Average Sales Price Average Market Time
  2000
2001
2002
2003
2004
2005
2006

% Change

1 year
5 years
10 years
406
290
339
352
456
532
485



-9%
67%
301%
$157,421
$198,972
$213,014
$241,733
$268,618
$279,055
$277,415



-1%
39%
199%
44
44
46
42
61
77
81



5%
84%
47%

For Single Family Homes:
  Total Number of Units Sold Average Sales Price Average Market Time
  2000
2001
2002
2003
2004
2005
2006

% Change

1 year
5 years
10 years
90
111
129
131
113
102
86



-16%
-23%
-16%
$334,822
$367,121
$444,966
$486,305
$571,854
$615,012
$713,017



16%
94%
309%
22
38
36
49
71
83
98



18%
158%
88%


A Brief History

German farmers settled the prairie land that is now Lincoln Square in the 19th Century, soon fostering what was once one of Chicago's largest German-American communities. Vestiges of the neighborhood's German heritage can still be experienced at the Chicago Brauhaus (pass the sauerkraut), Mayer Delicatessen (it's all about the sausage), and Merz Apothecary (an old-fashioned drugstore founded in 1875).

The face of Lincoln Square has changed over time, and now the area is largely white, Thai, and Middle Eastern. The intersection of Lincoln, Western, and Lawrence is the nexus of one of Chicago's most interesting commercial districts, home to a wide variety of shops and restaurants catering to almost every niche, from handmade soaps to hipster vinyl and kitschy collectible toys.

The Museum of Decorative Arts, on Lincoln, is a remarkable museum and shop featuring Victorian, Art Nouveau, Art Deco, and Arts & Crafts pieces in a sublime building designed by Louis Sullivan. The Old Town School of Folk Music is a gorgeous restoration that serves as both a concert venue and music education center where you can indulge your desire to learn the banjo or bouzouki. Nearby Ravenswood Manor contains many historic buildings.

Fun Facts
  • Louis Sullivan, who designed the Krause Music Store building (now the Museum of Decorative Arts), also designed such Chicago landmarks as the Auditorium Theatre, the old Chicago Stock Exchange, and the Carson Pirie Scott building on State Street. The Krause building was his last work.
  • The weekly German-language American newspaper Amerika-Woche was founded in 1972 in an office above the Chicago Brauhaus.
  • The "Chicago Lincoln" statue in Lincoln Square is one of five statues throughout the city that honor Abraham Lincoln. The others are located in Garfield Park, Senn Park, Grant Park, and Lincoln Park.
 


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