chicago-condos & Chicago Real Estate & Chicago Homes pcherry on 20 Feb 2009 05:25 pm

Chicago Area Development Deals and Incentives

February 20, 2009 - With the weekend at hand we’ll do our round up of local area deals and developments in case you have some time off to visit sales centers. Kipling Homes, Par Development and KLM Builders are all offering some type of incentive or program to entice buyers. Everything from pre-construction deals to price cuts on already built homes and suburban Chicago condos, you may find something that fits your budget, tastes or lifestyle.

According to a press release in the Tribune, KLM Builders has a “Buy Now Build Later” promotion for their Thousand Oaks development in Spring Grove. The development is a 74 single-family home project, and anyone who signs a contract by April 12 and starts building before the end of 2009 will get a $50,000 reduction in the base price of the home. Prices before the discount range from the upper $400,000s to low $700,000 with square feet from 2,300 to 3,775. There are more than 20 floor plans with 3 to 5 bedrooms, 2.5 to 4 baths, wood fireplaces, back decks, full basement and 3 to 4 car garage.

Par Development’s “Save Some Green” promotion trims off some serious cash from some of their immediate delivery homes. Some of these are;
Up to $30,000 off residences at River Park Place in Elgin.
Up to $100,000 off duplexes at The Lakes of Boulder Ridge in Lake in the Hills.
Up to $95,000 off units at Cove III Townhomes in Algonquin.
Up to $75,000 off units at Westlake Townhomes in Cary.
Up to $75,000 off duplexes at The Villas of Gilberts Town Center in Gilberts.
Up to $50,000 off lofts at Emerson Lofts in Woodstock.

And finally, Kipling Homes is offering a variety of incentives and discounts at Georgetown on the River, which consists of 48 condos in four 2 story brick buildings, and at their Timber Oaks development in Joliet.

Remember, there are several nice Chicago real estate developments with traditional Chicago Lofts if you crave exposed concrete and timbers.

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