chicago-condos & Chicago Real Estate pcherry on 27 Apr 2011 09:36 am

More Mondial Leasing Information

April 27, 2011 - A couple of months ago we told you that Waterton Residential had purchased 124 unsold Chicago condos in the Mondial and intended to lease them. Then about two weeks ago we started to notice rates appearing on various Chicago apartment rental service sites. Now Waterton is advertising the condos for rent themselves in more detail, so we thought we’d pass along the information.

The 15 story Mondial is located on 910 West Huron Street and there is a good selection of studio to four bedroom units available for rent. The condos come with up to 12 foot ceilings, a balcony, hardwood floors, a washer and dryer, KitchenAid appliances, granite counter tops, double bowl stainless steel kitchen sinks, Grohe fixtures, large closets with shelving, floor-to-ceiling windows, steeping tub in the bath and marble or ceramic bath tile.

Waterton Residential’s rates for the Mondial are listed below.

Loft(Studio) / 676 to 688 sq ft / $1408 to $1,433 per month
1BR / 1 Bath / 668 to 906 sq ft / $1403 to $2,000 per month
1BR / 1 Bath + Den / 917 to 1,019 sq ft / $1,834 to $2,109 per month
2BR / 1 Bath / 1,010 sq ft / $2,071 to $2,101 per month
2BR / 2 Bath / 1,010 to 2,039 sq ft / $2,486 to $3,088 per month
3BR / 2 Bath / 1,637 sq ft / $3,274 to $3,294 per month
3BR / 3 Bath / 1,874 to 2,039 sq ft / $3,998 to $4,328 per month
3BR / 3.5 Bath / 3,099 sq ft / $10,000 per month
4BR / 3 Bath / 2,725 sq ft / $10,000 per month

More developers and investors are opting to offer Chicago condos for rent until the market improves enough to put them up for sale again. Just keep in mind that the switch to rental may only be temporary.

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