Melik Isbara And Jiseon Lee Isbara Buy Historic Home In Lincoln Park For $2.2M

The property asset is a renovated historic home located at 1908 North Halsted Street in Chicago. This single-family residence, built in 1883, features five bedrooms and encompasses 4,600 square feet. The sale price was $2,205,000, resulting in a price per square foot of approximately $479.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $2,205,000
• Square Footage: 4,600
• Address: 1908 North Halsted Street
• Market: Chicago
• Buyer's Name: Melik Isbara; Jiseon Lee Isbara
• Buyer's Organization: School of the Art Institute of Chicago
• Seller's Name: Colin Marshall
• Buyer's Representative: Souk Supantavong - Coldwell Banker
• Seller's Representatives: Ryan Gossett & Omar Gonzalez - Compass

Jiseon Lee Isbara, who serves as president of the School of the Art Institute of Chicago, along with her husband, purchased the property, which went under contract just eight days after being listed. The transaction occurred in a market experiencing rising prices for high-end homes.