A Comprehensive Price Guide to Buying or Selling A One Bedroom At The Lancaster

A Comprehensive Price Guide to Buying or Selling A One Bedroom At The Lancaster

A Comprehensive Price Guide to Buying or Selling a One Bedroom at Lancaster

Are you in the market to buy or sell a 1 bedroom condominium in Lancaster? Look no further, as we have all the essential information you need to make informed decisions. Lancaster boasts two desirable one bedroom floor plans, each offering its own unique features and benefits. From panoramic views to varying square footage and finishes, there is something to suit every preference..

We have broken down the sales data into different the two different one bedroom tiers, each with its own specifications. In addition to the tier breakdown, we will provide you with comprehensive sales data, including list price, price change, closed price, list price per square foot, closed price per square foot, closing date, and market time. These insights will give you a clear picture of the market trends and help you make informed decisions when navigating the Lancaster's 1 bedroom market.

Below are the average price per square foot for each 1 bedroom ttier in the Lancaster. The maximum value for the progress bar is $1000 a square foot.


Tier 06 710 s.f.
344 S.F.
TIER 03 833 s.f.
531 S.F.
Tier 06: 710 S.F Floors 7-28 East View 1 Bedroom/1 Bath East View

Averages
including parking

Original LP: $406,467
LP: $398,833
Closed Price: $391,333
% off OLP: 96%
List Pr/Sq.Ft.: $358
Closed/Sq.Ft: $344
DOM: 105
Unit #: 2706
Original LP: $394,000.00
List Price: $394,000.00
Closed$: $355,000.00
% off LP: 90%
LP per SF: $554.93
Closed $ SF: $500.00
Closed date: 8/2/23
Parking: 1 Park
Market time: 13
Unit #: 1106
Original LP: $375,000.00
List Price: $375,000.00
Closed $: $355,000.00
% off LP: 95%
LP per SF: $528.17
Closed per SF: $500.00
Closed date: 7/1/8/23
Parking: 1 Park
Market time: 24
Unit #: 2106
Original LP: $385,000.00
List Price: $365,000.00
Closed $: $355,000.00
% off LP: 92%
LP per SF: $542.25
Closed per SF: $500.00
Closed date: 9/15/23
Parking: 1 Park
Market time: 134
Unit #: 2806
Original LP: $397,000.00
List Price: $397,000.00
Closed $: $371,000.00
% off LP: 92%
LP per SF: $559.15
Closed per SF: $522.54
Closed date: 9/15/23
Parking: 1 Park
Market time: 134
*data shown for the last 12 Months as of 2/10/24
Tier 03: 833 S.F Floors 5-29 West/Park View 1 Bedroom/1 Bath

Averages

including Parking
Original LP: $455,000
LP: $449,500
Closed Price: $442,500
% off OLP: 97%
List Pr/Sq.Ft.: $546
Closed/Sq.Ft: $531
DOM: 25
Unit #: 2403
Original LP: $409,000
List Price: $409,000
Closed$: $395,000
% off LP: 97%
LP per SF: $491.00
Closed $ SF: $474.19
Closed date: 6/28/23
No Parking
Market time: 8
Unit #: 603
Original LP: $425,000
List Price: $425,000
Closed $: $425,000
% off LP: 100%
LP per SF: $510.20
Closed per SF: $510.20
Closed date: 913/23
Parking: 1 Park
Market time: 11
Unit #: 803
Original LP: $485,000
List Price: $474,000
Closed $: $460,000
% off LP: 95%
LP per SF: $582.23
Closed per SF: $552.22
Closed date: 9/28/23
Parking: 1 Park
Market time: 38
*data shown for the last 12 Months as of 2/10/24
The 06 Tier of The Lancaster offers an east-facing open kitchen with views of DuSable Harbor and Cascade Park. The 03 Tier has plenty of closet space and westward views of Lakeshore East Park and the city. There's a unique one-bedroom plan on the 5th and 6th floors featuring 1,253 square feet on the northwest corner, including a large living area, two bathrooms, and two walk-in closets.

The Lancaster is the only Lakeshore East condo with direct park access, the smallest in the area with 207 units, and 8 per floor. Top amenities include a large sundeck, 24-hour door staff, and a fully-equipped 2,500 square-foot gym. Living in The Lancaster puts you at the heart of Lakeshore East and its amenities.

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Ginger Menne
737 N. Michigan Ave, Suite 1800
Chicago, IL 60611

ginger@gingermenne.com
Tel (312) 927-0852
Off (312) 216-5887
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