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Archive for the 'Condos' Category

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Newberry Plaza condos for sale

Tuesday, October 28th, 2008

Buyers on the market for a new or resale condominium in downtown Chicago can find some great deals on units at Newberry Plaza. This high-rise building is located at 1030 N State, and is home to a total of 672 floor plans.

Buyers can choose from a number of studio, one, and two-bedroom condominiums currently on the market. The most affordable unit is a studio that is currently listed at $180,000. Studio condominiums are priced up to $280,000. Young professionals will love the one-bedroom units available at Newberry Plaza. The most affordable unit offers a total of 800 square feet of living space, and is priced at $285,000. Other one-bedroom units offer up to 1,000 square feet of living space, and are priced up to the $350s.

If you need some more space, you’ll love the two-bedroom and two-bath units at Newberry Plaza. Prices for these units range from $449,500 to as much as $939,000 for the largest penthouse unit with incredible views to Lake Michigan and the downtown Chicago skyline.

Newberry Plaza comes with a full range of amenities that include attached parking in the underground garage, a modern fitness center, swimming pool, party room, 24-hour doorman, and modern kitchens and baths. Don’t miss out on these great units on the Chicago Real Estate market.

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Sales hit 6-year low in Irving Park

Monday, October 27th, 2008

Sales of new and resale condominiums fell sharply during the third quarter in many neighborhoods around Chicago. One area that was one of the hardest hit during the quarter was Irving Park. Sales fell to a 6-year low in the neighborhood.

According to data from the Chicago Association of Realtors, a total of 48 condos and lofts were sold in Irving Park during the third quarter, down from 113 units sold during the same period a year ago. The drop in demand for condos in Irving Park helped bring prices in the area down during the third quarter.

The average sales price fell by 2 percent from the same period a year ago during the third quarter. Prices for condos in Irving Park could continue to fall in coming months if demand doesn’t pick up in the short term. The market is seeing an increase in the number of unsold condos.

If you’re planning on selling your condo in Irving Park, it will now take you an average of 190 days to find a buyer. The average for the entire Chicago Real Estate market is 123 days, putting the neighborhood among the slowest markets in the city.

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Plenty of availability at The Grand Ohio

Sunday, October 26th, 2008

Buyers on the market for a luxury condo in Streeterville can choose from a number of available units at the Grand Ohio. This 29-story building was developed by Draper and Kramer. Located at 211 E Ohio, the Grand Ohio offers a total of 586 units, with floor plans ranging from studio to three-bedroom units.

20 units are currently on the market. The most affordable is a studio unit that offers a total of 594 square feet of living space. This unit is priced at $179,900, and has assessments of $350 per month. An affordable one-bedroom and one-bath unit is located on the 6th floor. This condo offers a total of 600 square feet of living space, and is currently listed at $214,900.

If you’re looking for more space, you’ll love the two-bedroom and two-bath condo on the 26th floor. This condo offers 1,000 square feet of living space, and is listed at $319,000. The largest unit on the market is a three-bedroom and 2.5-bath condo. This unit offers a generous floor plan with 1,700 square feet of living space, and is listed at $499,000.

These condos offer a long list of amenities as well as incredible views, and are among the best deals for Chicago Real Estate currently on the market in Streeterville.

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