A reader reached out to us the other day, wondering about some new framing they noticed on Jefferson Street in South Kensington, just to the west of the El. This parcel, 106-112 W. Jefferson St., had been vacant for several years, but a row of trees on the property made it one of the nicer vacant lots in the neighborhood.
Even though only some of the trees sat on the construction site, all were removed. In place of some of them, developers are now working on a duplex.
Less than ideally, this new construction is really close to the El and a vinyl window company. On the positive side, the Oxford Mills development is located immediately to the north and it's just a block away from Frankford Avenue.
As we mentioned, this is a two-unit project, made possible by the fact that it's a double-wide lot. One of the units, listed at $400K, is already under agreement. The other unit, featuring 3 bedrooms, 2.5 bathrooms, about 1,700 sqft of living space, and a parking spot, is listed for sale for $375K. While it's true that these condos are larger than your typical duplex units, it's still wild to us that developers are asking and getting such high prices at this location. We get it, South Kensington is blowing up, but these units are still only about twenty-five paces from Front Street and the rumbling El. You've got to figure that if people are willing to buy here and at these prices, then Front Street is truly set to boom in the next few years.