chicago-condos & Chicago Real Estate pcherry on 30 Apr 2010 03:37 pm

Midnight Rush At 565 Quincy

April 30, 2010 - If you’ve been wanting to buy a Chicago loft and think you can qualify for the $8,000 first-time homebuyer tax credit that expires today, then you may want to head over to the sales center at 565 Quincy tonight. Chicago real estate developers Belgravia Group kept the sales center open until midnight last night and they’re doing it again tonight for any last-minute buyers.

In a recent Tribune article is says that visitors to the sales center can load up on complimentary pizza and Red Bull while touring the models and hashing out a sales agreement. Although with the price cuts that Belgravia put earlier this year, it may be hard to top the $40,000 to $140,000 reductions already in place.

Right now the remaining one and two bedroom new condos at 565 Quincy are priced anywhere between $155,900 and $355,900. For the renovated lofts that come with one to two bedrooms plus a den you can expect to pay from $223,900 to $362,900. You can also score a low down payment if you qualify for an FHA backed mortgage because this development is FHA approved. You also won’t have to pay for an indoor heated parking space because that is included in the purchase price with all but the junior one bedroom units.

Standard finishes like GE stainless steel appliances, hardwood floors, granite counter tops and marble baths are what you’ll find there. The much-hyped Q Room for residents has everything from the expected fitness center to bowling lanes and a putting green.

Be sure to check the Chicago real estate blog every day for news and updates about Chicago condos.

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