chicago-condos & Chicago Real Estate pcherry on 19 Feb 2010 02:52 pm

235 Van Buren Over 60% Sold

February 19, 2010 - Selling out a 714 unit Chicago real estate development is no easy task even in a good market. So CMK Companies certainly has its work cut out at 47 story 235 Van Buren. But a recent press release and update from Scott Hoskins of CMK states that they have managed to sign more than 450 sales contracts and close on about 275 of those so far.

The Chicago condos at 235 Van Buren come in a staggering 130 different floor plans, so there should be a layout to fit just about anyone. There are also 14 finished models to tour. According to the press release, most of the buyers have been single young professionals and younger couples starting out with a first purchase. The condos range in style from studios to two bedrooms and try to make use of all available space.

CMK president Colin Kihnke was quoted in a recent Tribune article as saying that, “The finishes in each residence embodies a clean European style.”

Standard finishes include oak flooring, a stainless steel kitchen appliance package, granite counter tops, Grohe fixtures, 10′ high ceilings. Usually a balcony or terrace comes with each condo as well. Building amenities include a 24 hour doorman, dog run, 25′ high lobby ceiling and 12,000 square feet of ground floor retail.

Prices for the studios run from $179,000 and the one bedroom condos are priced from $211,900. The two bedroom, two bath condos start at $289,900. Penthouse units start at $349,900. Parking will cost you another $31,900 to $36,900 per single space.

Besides developer units, you can find some good deals on investor units in many towers if you check the Chicago real estate listings regularly.

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