NORTHCENTER

NORTHCENTER HOUSING MARKET REPORT

Prepared by the Century 21 SGR Research & Advisory Team

WHERE UNIQUE IS COMMONPLACE

■ CENTURY 21 SGR — A PROVEN FORCE IN NORTHCENTER

Century 21 SGR has played a direct role in shaping Northcenter’s residential landscape, contributing to the marketing and/or equity financing of 1,700+ new construction units across Chicago.

Within Northcenter, our involvement includes:

• 3933 N. Claremont — 25 condominiums
• 3813 N. Lincoln — 12 condominiums
• 3427 N. Bell — multi-unit development
• 4150–4152 N. Lincoln — 8 townhomes
• Melrose Place (3233–3245 N. Ravenswood) — 7 townhomes

Our agents have not simply sold in Northcenter — they have helped build it.
This experience provides a rare advantage:
➡️ Historical perspective
➡️ Real-time market insight
➡️ Forward-looking valuation accuracy

■ 1) NEIGHBORHOOD OVERVIEW

Northcenter stands as one of Chicago’s most stable, desirable, and enduring residential neighborhoods.

Lifestyle & Amenities

• Walkable, tree-lined streets with diverse architecture
• Strong commercial corridor along Lincoln Avenue
• Direct access to the CTA Brown Line
• Recreational anchors: Welles Park and Revere Park
• Active neighborhood organizations and community events

Why Buyers Choose Northcenter

✔ Top-tier public schools
✔ Consistent long-term appreciation
✔ Balance of neighborhood charm and city accessibility
✔ Blend of historic homes and modern construction
✔ Strong and reliable resale demand

■ 2) 10-YEAR MARKET PERFORMANCE

Northcenter has delivered exceptional price appreciation, outperforming many North Side neighborhoods.

Single-Family Homes

• Then: Mid-$700,000s
• Now: $1.25M – $1.35M
• ➤ +70% to +80% growth

Condominiums

• Then: Low $300,000s
• Now: Mid-to-upper $500,000s
• ➤ +55% to +65% growth

Townhomes

• Then: Mid-$500,000s
• Now: $900,000+
• ➤ +60% to +70% growth

Primary Drivers

• Limited available land
• Strong family-driven demand
• Established neighborhood identity
• Ongoing infrastructure and streetscape improvements

■ 3) 2026 MARKET FORECAST

Century 21 SGR projects continued upward pressure on pricing into 2026.

Projected Median Values

• Single-Family Homes: $1.32M – $1.45M
• Condominiums: $550K – $610K
• Townhomes: $940K – $1.12M

Underlying Market Forces

✔ Persistently low inventory
✔ High-performing school systems
✔ Continued commercial revitalization
✔ Affluent, stable buyer base
✔ Limited pipeline of new construction

■ 4) DEMOGRAPHICS, SCHOOLS & COMMUNITY PROFILE

Income Profile
Northcenter ranks among Chicago’s higher-income neighborhoods, supporting long-term price stability and demand.

Top Public Schools

• Coonley Elementary (Level 1+)
• Bell Elementary (Level 1+)
• Amundsen High School (Level 1+)

These institutions remain a primary driver of buyer demand, particularly among long-term homeowners.

Community Characteristics

Northcenter attracts residents who prioritize:

• Walkability and safety
• Strong local business presence
• Community continuity and engagement

Typical Buyer Profile

→ Families seeking educational stability
→ Professionals requiring transit access
→ Long-term residents investing in neighborhood permanence

■ FINAL OBSERVATION

Northcenter is not a speculative market — it is a proven, structurally sound housing environment defined by:

• Limited supply
• Consistent demand
• Strong institutional anchors (schools, transit, retail)

The result:
➡️ Durable appreciation
➡️ Predictable resale performance
➡️ Long-term investment security

If you would like a property-specific valuation or a customized entry/exit strategy for Northcenter, our team would be pleased to assist.

Century 21 SGR
Where Unique is Commonplace