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Real estate scion Jason Friedman lists Lincoln Park home for $8M

Former president of Chicago’s Friedman Properties and 2026 congressional candidate is selling double-lot property with pool, sport court

Jason Friedman with 1838 North Burling Street

Real estate scion and former congressional candidate Jason Friedman listed his Lincoln Park home for sale on Monday asking $7.8 million. 

The 6,000-square-foot house at 1838 North Burling Street was built in 2005 and is asking $1,285 per square foot. The five-bedroom, five-bathroom home sits on a 7,860-square-foot lot spanning two and a half standard parcels, according to the listing information.

Friedman purchased the home under an LLC in 2007 for $2.8 million, according to county property records and Illinois business records. The home transferred through a quit claim deed to a different LLC in 2024, also operated by Friedman. 

Jameson Sotheby’s International Realty’s Ryan Preuett, the listing agent, declined to confirm the seller’s identity. 

Friedman is the son of Albert Friedman, the founder and CEO of Friedman Properties, the River North-based real estate firm with holdings across Chicago’s North Side. Jason Friedman was president of the family business from 2012 until 2023, according to his LinkedIn page. 

The younger Friedman ran in the 13-way Democratic primary for Illinois’ 7th Congressional District this year, losing in the March election to state Rep. La Shawn Ford. The Real Deal attempted to contact Friedman through Friedman Properties and his campaign, but didn’t receive a response.

Property records show Friedman received mortgages from his father throughout his ownership of the North Burling Street property. In 2007, Jason Friedman took out a $1.8 million loan from Albert Friedman on the property. In 2009, Albert Friedman provided a $1.6 million mortgage on the property, and in 2023 he provided another $635,000 loan, records show. 

The three-story home, which sits on an extra wide lot, has significant outdoor space for the usually tightly packed Lincoln Park neighborhood. The owner acquired the adjacent property, Preuett said, and built a pool, an outdoor kitchen, a temperature-controlled glass atrium with accordion windows, a sport court and a heated driveway and parking pad. 

Inside, the main level includes a stone fireplace, hardwood floors and a family room that connects to the atrium. The primary suite on the second floor has a third fireplace and two walk-in closets. The top floor is devoted to a large entertainment space with a wet bar, a game room, a guest bedroom and two decks. The house has an attached two-car garage. 

The home is one of only a few properties for sale priced above $7 million in Lincoln Park, according to listing services. The desirable neighborhood, especially this stretch of Burling Street, has seen luxury prices rise amid strong buyer demand and low inventory. 

Just up the street from Friedman’s property, a seven-bedroom, six-bathroom home at 1853 North Burling Street is for sale asking nearly $9 million, according to listing services. The highest-priced home sale in Chicago so far this year was also nearby. The house at 1964 North Burling Street sold for $6.5 million in February.

“2025 was a record year for luxury homes sales over $4 million, and the increased demand has continued in 2026,” Preuett said in a text to The Real Deal. “Buyers are prioritizing width, amenities, and location.” 

Friedman paid $59,208 in his 2024 property tax bill on the home, according to county tax data.

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