ML - Michigan Avenue

Michigan Avenue - 2016 - Issue 1 - Spring - Naomi Watts

Michigan Avenue - Niche Media - Michigan Avenue magazine is a luxury lifestyle magazine centered around Chicago’s finest people, events, fashion, health & beauty, fine dining & more!

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Square. Areas with local schools that have high rankings on great schools.org are seeing terrific growth. One of the biggest strategies is to convert two-flats into single-families. There's not enough inventory to meet demand. Any examples? PM: We just sold 2510 W. Cullom, a 3500-square-foot two-flat de-conversion that had three bedrooms and 3.5 bathrooms, in three weeks for $1.237,500 in North Center, and we expect a home we're just rehabbing now and listing in March to also go quickly. It's a 4500- square-foot two-flat de-conversion on an extra-wide lot at 2505 W. Hutchinson with five bedrooms and 3.5 bathrooms. The local neighborhood school is Waters, which GreatSchools ranks seven out of 10 but is trending up like nearby Coonley, ranked 10 out of 10. We're projecting it to list at $1.299 million. BL: We just listed a 5600-square-foot home on a wide lot with six bedrooms, 4.5-baths, and a 2.5 car garage at 1343 W. Bryon for $1.995 million. It's almost directly across the street from Blaine Elementary School, which GreatSchools also ranks 10 out of 10. . MICHIGANAVEMAG.COM 155 "ONE OF THE BIGGEST STRATEGIES IS TO CONVERT TWO-FLATS INTO SINGLE-FAMILIES ." —PETER MOORE CLOCKWISE FROM ABOVE LEFT : The kitchen, exterior view, and entrance of Lippitz's property at 1343 W. Byron St.

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