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Ashton Lofts

Ashton Lofts is a new construction development located in the popular neighborhood of Lincoln Park. The development is a project by WMC Development IV, a Chicago-based developer that has gone into bankruptcy. However, construction on this building has already been completed, and sales continue here.

Ashton Lofts is located at 1610 W Fullerton Ave. This five-story building offers a total of 39 units, with floor plans ranging from one to two bedrooms. Prices of units sold or currently on the market have ranged from $269,000 to as much as $370,000. There is currently one loft on the market at Ashton Lofts. Renters can also take advantage of one unit currently available here.

The available loft offers two bedrooms and two baths. This unit has a total of 1,120 square feet of living space, and is priced at $354,800. Assessments will set you back $305 per month. If you're looking for a rental unit, there is another two-bedroom and two-bath loft available. This unit also offers 1,120 square feet of living space, and is priced at $2,095.

Residents of this Chicago lofts enjoy a number of modern amenities. Each unit offers floor-to-ceiling windows that let in plenty of natural light throughout the day. The large balcony has enough room for a table and chairs. The gourmet kitchen features a stainless steel appliance package, maple cabinets, and granite countertops. Residents enjoy an in-unit washer and dryer, central air conditioning, and a pet-friendly building. Parking is available in the attached garage, with one space included in the purchase price.

The neighborhood offers plenty of urban amenities. Restaurants, nightlife, and public transportation are all within a short walk. The corner of Ashland and Fullerton is home to a number of restaurants for every budget. Popular choices include Leon's Famous Ribs, Annie's Mandarin, and Coyote Grill. Clybourn Ave is where you'll find nightlife in the neighborhood. Clybar and Let's Brew It are two popular choices.

The neighborhood is served by several buses, but for El connections to downtown you'll have to walk a few blocks. The nearest station is located in front of DePaul University. The Kennedy Expressway passes through the area a couple of blocks from Ashton Lofts.

The neighborhood doesn't offer a lot of parks, so residents will have to head over to the lake to find walking paths and open green space. The neighborhood, however, is a great choice for buyers interested in an urban lifestyle close to downtown Chicago.

The real estate market in Lincoln Park has slowed in recent months. According to data from the Chicago Association of Realtors, a total of just 301 units were sold during the second quarter. This was the worst result for the neighborhood in more than 18 years during the second quarter. This could mean great deals for buyers in the next few months.