Chicago Condo Directory

If you’re in the market for a luxury condominium in the Gold Coast, don’t miss out on the many affordable opportunities currently available in older buildings around the area.  Buying a re-sale condominium can save you significant amounts of money.

One development that has several smaller units for sale is located at 1 East Scott.  This building currently has several units available for sale as well as for rent.  The most affordable unit is a studio condominium that is priced at just $165,000.  Another larger one-bedroom and one-bath unit is also available, and has been reduced in price by $10,000 to just $279,9900.

If you’re looking to rent a condominium here, you can expect to pay from $800 for a studio unit to $1,400 for a one-bedroom unit.

Whether you’re renting or buying, you’ll love the amazing amenities offered here.  The building offers hardwood floors, a 24-hour doorman, outdoor pool and sundeck, and a laundry room.  Don’t miss out on these excellent condominiums that are priced for young professionals and first-time buyers.  For many other deals around the Gold Coast, browse through the best Chicago Condos on the market today.

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Many neighborhoods around the greater Chicagoland region have seen a sharp decline in demand for condominiums and lofts.  Buyers are waiting for better market conditions in many areas, including South Elgin.

According to data from the Chicago Association of Realtors, a total of just 18 condominiums and lofts were sold in South Elgin during the first quarter, down from 41 units sold just a year ago.  It was the worst year-over-year-decline in sales seen in more than 17 years, and the poorest showing for the neighborhood since 1998.

However, despite the dramatic drop in sales, the inventory of unsold condos on the market has actually shrunk.  This could be due to the fact that many condo owners are waiting for better conditions before listing their property.  If you’re selling your condo, it will now take you an average of just 80 days to find a buyer in South Elgin, down from 127 days a year ago.

Prices continue to increase in the area, helped by a falling inventory of unsold units.  The average sales price for Chicago Condos sold during the first quarter in South Elgin rose 4 percent from the same period last year.

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Construction on one of the most widely anticipated new developments in the South Loop continues at 710 South Clark St.  Known as Burnham Pointe, this incredible new building offers a total of 298 luxury condominiums for sale.

Buyers can choose from a number of floor plans at Burnham Pointe.  The most affordable unit is a one-bedroom condominium that is listed from the mid $380s.  Buyers can take advantage of several two-bedroom units, with floor plans ranging from 1,100 square feet to as much as 1,650 square feet.  Prices here range up to the high $680s.

Residents of Burnham Pointe will enjoy a number of luxury amenities.  The designer kitchen comes with stainless steel appliances, an island layout, and granite countertops.  Residents will love the hardwood floors throughout the main living areas, private outdoor space that opens out to incredible city views, and luxurious master baths.

The development will also offer a fully equipped health club, pool, and large terrace with a sundeck and barbecues, the perfect place to entertain friends and family.  This condominium is the perfect choice for buyers looking to enjoy the best in urban living in downtown Chicago.  Don’t miss out on these and many other luxurious Chicago Condos For Sale around the South Loop.

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