Chicago Condos Online - Mon January 24, 2022

Albany Park Neighborhood

Albany Park was annexed to Chicago in the late 1880s. The neighborhood expanded through several population booms that welcomed residents from a number of different countries abroad. Farmers from Germany and Sweden were among the first to plant roots in Albany Park, followed by Russian Jews who moved out after WWII. Asian and Latino families also became fairly prominent in Albany Park culture and today there are large populations of Koreans, Filipinos and Guatemalans in the neighborhood. The international diversity of this North Side borough is part of its unique charm and a reason why Albany Park condos for sale are something to check out.

On the higher end of the local condo market are beautifully rehabbed half-duplexes and three-bedroom units with luxury upgrades. Many of the attached homes in Albany Park are vintage brick buildings and courtyard complexes, with some new construction developments dotting the neighborhood streets. Even the newer housing is designed to reflect Albany Park’s Old World style. Brick and stone are very common building materials and the classic front sunroom layout is used in several of the recent structures.

The most expensive Albany Park condos for sale are priced up to the mid-$300,000s, but there are plenty of very nice two- and three-bedroom units and duplexes on the market in the $200,000s. These residences may include garage space for your car, however, many properties in this area offer street parking instead. At the time of this posting there were a number of condos available for under $100,000 as a short sale or foreclosure. A lot of the places have been gutted and rehabbed with all the features today’s buyers are looking for – granite kitchen countertops, stainless steel appliances, refinished hardwood floors, updated bathrooms, and in-unit washer/dryer.

Albany Park is about eight miles from Chicago’s Loop. It is the terminus for the Brown Line L, which has two stops in the neighborhood. The final station is located at Kimball and Lawrence avenues and there is another stop at Kedzie just north of Eastwood Avenue. A third L stop at Francisco is just a block outside the community in neighboring Ravenswood Manor. The train is a convenient way to travel downtown, but buses provide the best public transportation within the vicinity. Routes run along the major streets, such as Foster Avenue, Lawrence Avenue, Montrose Avenue, Kimball Avenue and Pulaski Avenue.

Several neighborhood parks and the lush banks of the Chicago River supply much of Albany Park’s green recreation spots. A stretch of scenic landscape follows the waterway through Ronan Park and River Park on the eastern border, branching off at North Park University and winding west along the northern edge of the community to Eugene Field Park. The commercial district of Albany Park is concentrated more in the center of the neighborhood on Lawrence Avenue, where you’ll find tons of restaurants, stores, and businesses. The rest of the neighborhood is fairly residential and it’s where you’ll find the majority of Albany Park condos for sale.

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