chicago-condos & Chicago Real Estate & downtown chicago condos & condos for sale in chicago pcherry on 18 Feb 2011 10:59 pm

Up to 55% Off At 200 North Dearborn

February 18, 2011 - Price cuts and promotions aren’t anything new at 200 North Dearborn. American Invsco is the Chicago real estate developer behind this tower and they make the most of any opportunity to launch a new marketing campaign. The last one was a “make an offer” promotion to try and meet new pre-sale requirements from Fannie Mae. They needed 36 new sales by January 31st. They must need a few more because now there are “huge discounts” being offered to the next 16 buyers who sign a contract.

There is a good selection of convertible to two bedroom units left in this tower and the price reductions range from 40% to 55% plus another 5% more off for cash sales.

Right now you can expect to pay from $125,500 to $146,500 for a convertible. They had been priced from $298,200 to $ 284,700 so that is a drop of 50.87% to 55.92%.

The one bedroom condos at 200 N Dearborn are now priced from $176,000 to $224,400 which is down from the old prices of $333,700 to $464,000. That saves you from 40.37% to 51.64%.

And the remaining unsold two bedroom, two bath condos that had been priced from $472,900 to $575,800 are now listed from $227,500 to $338,100. That is 41.28% to 54.34% off original prices.

Finishes include floor-to-ceiling windows, oak cabinets, ceramic bath tile, hardwood floors, walk-in closets and an appliance package. Building amenities include a 24 hour doorman, laundry room, sun deck with swimming pool, fitness center, bike storage room and extra storage space for residents.

You can also use the free Chicago MLS search to check up on the latest prices and availibility.

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