Lakeview Remains One of Chicago’s Hottest Neighborhoods—Here’s the Proof

by Craig Hogan & Rudy Zavala

Rare space. Prime location. The market knows it.

In a city where real estate trends shift block by block, one thing is clear: East Lakeview is still in demand—and moving fast. Case in point? A rare 4-bedroom, 3-bath duplex down at 835 W Roscoe recently hit the market—and quickly went under contract. Not only did it check every box, but it also spotlighted exactly what today’s buyers are hungry for: space, quality, and location. 

Sold in just one day—sight unseen via video—this home proves that the right property, priced and presented well, gets noticed. Closing just above list price at $318 per square foot, it underscores the strength and selectivity of the Lakeview market.

This 2,800-square-foot home, crafted by Heneghan Homes, offered a compelling mix of luxury finishes and thoughtful design. Inside, rich hardwood floors, detailed millwork, and individually crafted tray ceilings elevated every room. The kitchen features warm cherry cabinetry, granite countertops, and stainless appliances—ideal for everyday living or hosting with ease.

Not only did it check every box, but it also spotlighted exactly what today’s buyers are hungry for: space, quality, and location.

But it was the expansive lower level that truly sealed the deal, anchored by a massive family room with soaring ceilings, a full wet bar, and a walk-out patio. The primary suite upstairs served as a personal retreat, featuring a spa-inspired bath complete with a steam shower, whirlpool tub, marble finishes, and Grohe fixtures.

This wasn’t just a condo—it was a home that lived like a single-family, in one of Chicago’s most beloved neighborhoods. And buyers noticed.

The Market Snapshot: Why Homes Like This Are Moving Fast in Lakeview

Over the past six months, the Lakeview neighborhood has seen a total of 176 attached homes with three or more bedrooms sell for $600,000 or more. The average market time is just 30 days, with over $170 million in closed volume—clear evidence of sustained, high-level buyer activity.

But zoom in on the most desirable price points, and the urgency is even more striking:

  • Homes priced $900K–$999K are going under contract in just 19 days on average.
  • Listings between $1M and $2M are lasting only 8 days before securing a buyer.
  • Even in the $800K–$899K range, the average is just 23 days on market.

In contrast, remaining active listings in that same $800K–$899K range currently average 181 days on the market, emphasizing that only the right homes are capturing attention and moving swiftly.

What This Means for Buyers and Sellers

Inventory remains limited. At the time of this writing, there are only 38 active attached homes with 3+ bedrooms above $600K in Lakeview, and very few that offer the combination of size, style, and location that today’s buyers want.

The takeaway? If you’re thinking of selling a home in Lakeview—especially one that offers extra space, modern conveniences, and walkable proximity to transit, shopping, and the lakefront—the timing couldn’t be better. And if you’re a buyer? Get your pre-approvals ready. Because when a listing like 835 Roscoe appears, the window of opportunity is narrow.

Lakeview Isn’t Cooling Off—It’s Defining the Market

In a time when buyers are pickier than ever, East Lakeview is still delivering. And listings like 835 Roscoe aren’t just succeeding—they’re setting the tone for what’s next.

 

Tour the property now! 

— Craig Hogan & Rudy Zavala
Hogan Zavala Group | Engel & Völkers Chicago

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