Old Town

By Ebonie Beaco – Mortgage Loan Originator, Home Loans Network (NMLS #2389954)

Old Town Triangle — located within Chicago’s historic 60614 ZIP code — is one of the city's most architecturally significant, culturally rich, and visually charming neighborhoods. Defined by its Victorian-era homes, narrow tree-lined streets, preserved cottages, and artistic roots, Old Town Triangle feels like stepping into a timeless village tucked inside a major metropolitan city.

From historic district protections to its unbeatable walkability, Old Town Triangle remains one of the most coveted micro-neighborhoods in Chicago for buyers who value charm, authenticity, and long-term real estate stability.

As a mortgage expert specializing in Chicago’s premier markets, here is your complete breakdown of Old Town Triangle’s lifestyle, real estate trends, rental demand, and investment outlook.

A Neighborhood Defined by History, Artistry & Architectural Beauty

Old Town Triangle is one of Chicago’s oldest and most historically protected neighborhoods. With cobblestone-like streets, preserved 19th-century homes, and colorful facades, it’s known for:

• Landmark Victorian homes and cottages
• Narrow diagonal streets with original layouts
• The Old Town Art Center & cultural institutions
• The iconic annual Old Town Art Fair
• Proximity to the lakefront, Lincoln Park & North Avenue Beach
• Charming boutiques, cafés, and restaurants along Wells Street
• A quiet, village-like environment minutes from downtown

Few Chicago neighborhoods carry such a strong architectural identity — making Old Town Triangle a magnet for buyers who value history, character, and beauty.

Who Lives in Old Town Triangle

The area attracts a sophisticated and diverse mix of residents, including:

• High-earning professionals
• Long-time homeowners and preservation-focused residents
• Empty nesters seeking charm and walkability
• Young professionals desiring proximity to downtown
• Buyers who appreciate architectural heritage
• Renters transitioning into luxury homeownership

Old Town Triangle is known for its tight-knit community, strong neighborhood associations, and passionate preservation groups that maintain the neighborhood’s distinctive character.

Real Estate Overview: What Buyers Will Find in Old Town Triangle (60614)

Real estate in this historic district is some of the most unique in Chicago. Homes rarely come onto the market — and when they do, they attract significant interest.

Historic Single-Family Homes

These homes are the highlight of the neighborhood. Buyers will find:

• Classic Victorian residences
• Italianate homes
• Restored cottages with original details
• Brick and frame historic houses
• Luxury renovations preserving vintage charm

Pricing often ranges:

• $1.3M–$3.5M+ for well-preserved historic homes
• $4M–$7M+ for large or fully restored premium properties
• Even higher for rare, museum-quality historic estates

These properties are ideal for buyers who appreciate craftsmanship, uniqueness, and long-term value.

Townhomes & Rowhomes

Old Town Triangle offers charming rowhomes and townhouses, typically featuring:

• Brick facades
• Multi-level living
• Modernized interiors within historic structures
• Private patios or rooftop spaces

Typical pricing:

• $850K–$1.5M+ depending on size and renovation level

These homes appeal to those who want historic charm with manageable square footage.

Condos & Small Buildings

While not as condo-heavy as neighboring areas, Old Town Triangle includes:

• Boutique walk-up condos
• Converted historic homes split into multi-unit residences
• Modern low-density developments

Pricing:

• 1-bed condos: ~$350K–$475K+
• 2-bed condos: ~$475K–$700K+
• 3-bed condos: ~$700K–$1.2M+

These are excellent entry points into a neighborhood known for its premium pricing.

Rental Market: High-End, Stable & Extremely Desirable

Renters are drawn to Old Town Triangle for its architectural beauty, walkability, safety, and lifestyle.

Approximate rents:

• 1-bedrooms: ~$1,900–$2,600+
• 2-bedrooms: ~$2,700–$3,800+
• 3-bedrooms: ~$3,800–$5,800+
• Single-family rentals: $6,000–$12,000+

Demand remains strong because renters seek:

• Proximity to the lake and Lincoln Park
• Access to downtown
• Charming streets and beautiful architecture
• Walkability to entertainment, shops & restaurants

Turnover tends to be low due to the neighborhood’s popularity.

Investment Outlook: A Premier, Low-Turnover, High-Value Market

Old Town Triangle is one of Chicago’s most stable and prestigious real estate markets due to:

1. Landmark protection

Historic preservation prevents overdevelopment and protects long-term value.

2. High buyer demand

Historic homes and charming streets attract premium buyers year-round.

3. Limited inventory

Homes rarely hit the market — which increases competition.

4. Strong luxury rental market

Highly desirable for high-income renters and professionals.

5. Exceptional appreciation

Properties maintain and grow value due to location, charm, and scarcity.

6. Walkability + historic charm = timeless appeal

Making it an ideal hold for both owner-occupants and investors.

If you're seeking long-term appreciation and premium homeownership, Old Town Triangle is one of Chicago’s best investments.

Lifestyle: What It’s Like to Live in Old Town Triangle

Life in Old Town Triangle blends historic ambiance with urban convenience. Residents enjoy:

• Charming cafés, boutiques & restaurants along Wells Street
• The Old Town Art Fair — one of the nation’s top juried art festivals
• Easy access to Lincoln Park Zoo, Conservatory & North Avenue Beach
• Peaceful tree-lined streets perfect for walking & biking
• Historic architecture at every turn
• Quick CTA access via Sedgwick and nearby Brown/Red Line stations
• A quiet, refined residential feel within steps of nightlife and culture

It’s a neighborhood where history, art, architecture, and walkability come together beautifully.

Financial Snapshot at a Glance

• Single-family homes: ~$1.3M–$7M+
• Townhomes: ~$850K–$1.5M+
• Condos: ~$350K–$1.2M+
• Average rents: ~$1,900–$12,000+
• Housing stock: Historic cottages, Victorians, rowhomes, boutique condos
• Resident profile: Professionals, families, long-time homeowners, high-end renters

Old Town Triangle remains one of Chicago’s most prestigious and protected residential areas — perfect for long-term homeownership, strong appreciation, and a lifestyle centered around beauty and community.

Ready to Buy or Invest in Old Town Triangle? Let’s Build Your Mortgage Plan.

Whether you're searching for a historic cottage, a luxury rowhome, or a boutique condo in one of Chicago’s most beautiful and iconic neighborhoods, I can help you:

• Compare loan programs
• Break down monthly payments
• Explore jumbo loan options
• Review financing for historic homes
• Understand renovation loan options
• Strengthen your pre-approval for competitive offers

Contact Your Local Mortgage Expert:

Ebonie Beaco – NMLS #2389954
Home Loans Network – Powered by Morty
📞 312-392-0664

Let’s walk through your options and position you to buy confidently in one of Chicago’s most timeless and architecturally iconic neighborhoods.