Chicago Condo Directory

Construction on one of the most widely anticipated new developments in the South Loop continues at 710 South Clark St.  Known as Burnham Pointe, this incredible new building offers a total of 298 luxury condominiums for sale.

Buyers can choose from a number of floor plans at Burnham Pointe.  The most affordable unit is a one-bedroom condominium that is listed from the mid $380s.  Buyers can take advantage of several two-bedroom units, with floor plans ranging from 1,100 square feet to as much as 1,650 square feet.  Prices here range up to the high $680s.

Residents of Burnham Pointe will enjoy a number of luxury amenities.  The designer kitchen comes with stainless steel appliances, an island layout, and granite countertops.  Residents will love the hardwood floors throughout the main living areas, private outdoor space that opens out to incredible city views, and luxurious master baths.

The development will also offer a fully equipped health club, pool, and large terrace with a sundeck and barbecues, the perfect place to entertain friends and family.  This condominium is the perfect choice for buyers looking to enjoy the best in urban living in downtown Chicago.  Don’t miss out on these and many other luxurious Chicago Condos For Sale around the South Loop.

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As demand for condominiums and lofts falls in most neighborhoods around the Chicagoland region, many areas are seeing new lows in sales.  Downers Grove was one area that suffered a sharp drop in sales during the first quarter.

According to data from the Chicago Association of Realtors, a total of just 26 condos and lofts were sold in the area during the first quarter.  This is more than 50 percent less than the total sales seen during the same period last year, and a third of the total sales seen just three years ago.

The drop in demand led to a marked increase in the average turnover time for condos on the market.  If you’re planning on selling your condo in Downers Grove, it will now take you an average of 273 days to find a buyer, up from 110 days a year ago.  Two years ago it took just 74 days to find a buyer in the neighborhood.

Despite plunging sales and a rising inventory of unsold units on the market, prices shot up during the first quarter for condos in Downers Grove.  The average sales price rose by 33 percent, probably due more to buyers focusing on newer condominiums in the area.  However, if demand continues to fall, buyers should see some great deals on Chicago Condos For Sale in the area.

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If you’re on the market for a luxury condominium in Chicago, make sure to check out the South Loop.  This once forgotten corner of downtown now offers some of the best new construction condominiums on the market.  Historic Printer’s Row is home to one new development that is turning some heads.

Printer’s Corner is located at 171 West Polk Street.  This 16-story midrise building offers a total of 88 condominiums, as well as more than 7,000 square feet of retail space.  Buyers can choose from a number of floor plans.  The most affordable unit is a one-bedroom condominium that offers a total of 740 square feet of living space.  This condominium is priced from the low $200s.

The largest units offer two bedrooms, and have a total of 1,900 square feet of living space.  Prices for these condominiums range into the mid $400s.  The developer offers all new buyers a free 42-inch plasma TV included in the purchase price.

Printer’s Corner was developed by Winthrop Properties, a Chicago-based developer with years of experience in the market.  The glass and steel building was designed by Fitzgerald Associates.  Don’t miss out on these luxurious Chicago Condos For Sale in the South Loop.

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