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St. Paul Lofts

Bucktown offers a number of incredible new loft and condo developments that have renewed the neighborhood and brought new residents from around the city. The neighborhood offers an excellent lifestyle minutes from downtown Chicago.

One development that offers luxurious lofts is St. Paul Lofts, located at 2333 West St. Paul Avenue, in the heart of Bucktown. This three-story building was developed by Bejco Development, and has a total of 81 loft units and 4 townhouses.

Buyers can choose from a number of one and two-bedroom units at St. Paul Lofts. One loft currently listed on the market is a one-bedroom and one-bath loft that offers a total of 900 square feet of living space. The unit is priced at $247,500. Another larger loft on the market has a total of 1,250 square feet of living space. This two-bedroom and two-bath loft is priced at $339,000, with monthly assessments of $283.

Residents of St. Paul Lofts enjoy excellent amenities. Each unit has exposed brick walls, timber ceilings, and hardwood floors in the main living areas. The high ceilings and oversized windows give a feeling of space not found in other developments around the area.

Kitchens come with a GE appliance package, granite countertops, maple cabinets, and an island layout perfect for entertaining friends. Residents also enjoy ample storage space, private balconies, and a wood-burning fireplace. Some residences come with large terraces and an in-unit laundry. Deeded parking is available at St. Paul Lofts.

Residents of St. Paul Lofts are within blocks of many of the best restaurants, shopping, and nightlife that Bucktown has to offer. This popular neighborhood is also steps from downtown Chicago.

Commuters have easy access to the downtown Chicago via the Blue Line of the El, as well as several CTA buses that run along Milwaukee Avenue.

Humboldt Park is one of the biggest parks in the city, and offers an excellent place for residents looking to enjoy a quiet summer day with friends and family.

If you’re in the market for a new condo or loft in Bucktown, keep up to date with the latest news coming out of the real estate market in the area. Bucktown is part of the Logan Square section of Chicago.

Sales of condos and lofts have dropped around Logan Square as a result of difficult market conditions in Chicago. Many buyers are facing difficulty qualifying for a mortgage as banks and lenders tighten requirements.

A total of 179 condos and lofts were sold in Logan Square during the third quarter, a 19 percent drop from the same period last year. It is the lowest total sales for the third quarter that the neighborhood has seen since 2003.

Sellers are facing a slowing market. If you’re selling your property in Logan Square, it will now take you an average of 111 days to find a buyer. This is a 25 percent increase from last year and the longest turnover time that sellers have faced since 1997 in Logan Square.

However, despite slowing sales and an increasing inventory of unsold condos and lofts on the market, prices in the neighborhood continued to climb. The average sales price during the third quarter was 3 percent higher than during the same period last year.

Prices may come down slightly in the short term if demand continues to drop. However, the neighborhood’s popularity should maintain property values in the long term.