C
hicago tech executive Jason Fried and his wife Caroline Linder have set a record with their $5.3 million home sale in Bucktown, northwest of downtown Chicago. The five-bedroom estate at 1736 North Wood Street sold for approximately $662 per square foot, surpassing the previous area record of $4.8 million on Wolcott Avenue in 2015.
The property was designed by late architect Brad Lynch and features a modern industrial aesthetic. Originally intended to be built from a warehouse conversion, Lynch proposed designing a new home with a similar look instead. The exterior combines brick and perforated metal, while the interior boasts sleek finishes in wood, glass, and stone.
Listed for $7.3 million in May 2023, the property underwent price cuts before closing at $5.3 million in November 2024. Despite this reduction, the sale remains a significant milestone for Bucktown, which is rarely associated with transactions in this price range.
The sale is part of a broader trend of high-value real estate sales in Chicago, where 19 properties have sold for $5 million or more in 2024. It signals the growing appeal of Bucktown and Wicker Park among affluent buyers seeking unique architectural properties.
realestate
Bucktown tech executive breaks sales record with $5.3 million deal
Tech Execs Set Record with $5.3M Bucktown Home Sale
Read More - realestate
realestate
Brown & Riding Names New Real Estate Practice Head
Veteran leader with industry expertise and regional insight
Read More - realestate
realestate
LA's affluent neighborhoods face gentrification threat from investors
Fires may exacerbate LA's affordability crisis, pricing out low-income residents and making the area exclusive to the wealthy.
Read More
realestate
Franklin County Property Deeds Filed December 16, 2024
Franklin TN Property Transfers: Dec 16-20, 2024 Update