chicago-condos & Chicago Real Estate pcherry on 29 Dec 2008 02:44 pm

$20,000 Grant Available Towards Greenline Development Condos

December 29, 2008 - We’ve been telling you about the different grants that the Partnership for New Communities is offering to qualified buyers who purchase a unit in one of the participating Chicago real estate developments in the program. Previous grants have been for $10,000 or more, and right now there is a $20,000 grant available for buyers who purchase a condo from Greenline Development in Woodlawn.

The $20,000 can be used to cover closing costs or a down payment, according to the Partnership website. The units are two bedroom, two bath layouts in three different buildings located on Ingleside Avenue. The prices on these condos run from $159,900 to $189,900, depending on the floor plan and building.

The Hathaway contains 8 units, 3 of which are already sold. The Myers also has 8 condos, 6 of them already under contract. The Baldwin is the youngest of the three buildings and as of this writing all of the units in that one are still available. Finishes include hardwood flooring, bedroom carpeting, 42 inch maple kitchen cabinets, granite counter tops, ceramic tile in the baths and stainless steel appliance package. The windows are double glazed, there is a high-tech alarm system installed and some units can be made for handicap access. Parking for one and a secure storage space is also included in the purchase price.

Be sure to check back here with us for any updates on incentives and grants for Condos In Chicago.

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