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2100 S Prairie

Buyers looking for a mix of affordability and an excellent location are taking advantage of the many new condominium and loft developments on the South Loop. The area has undergone quite a few changes in recent years, going from a forgotten corner of downtown to one of the most vibrant neighborhoods in the city.

One development that is turning some heads is located at 2100 S Prairie. Construction on this luxury development continues, with a planned completion date of mid 2008. The developer of this project is Regency Development Group.

Buyers can choose from several floor plans at 2100 S Prairies. One and two-bedroom condominiums are available. One-bedroom condominiums offer from 740 square feet to as much as 969 square feet of total living space, with prices ranging from $232,000 to the mid $310s.

If you need more space, check out the two-bedroom units at 2100 S Prairie. These units range in size from 1,021 square feet to 1,275 square feet. Prices for these units start in the mid $320s.

These luxury condominiums will come with a full range of amenities. The gourmet kitchen offers stainless steel appliances, granite countertops, and 42-inch cabinets. The master bath features a separate shower and soaking tub, perfect for relaxing after a long day at work. Each unit also features hardwood floors in the main living areas, carpeted bedrooms, and floor-to-ceiling windows throughout.

Residents will also enjoy a number of common amenities. Deeded parking is available in the attached heated garage for an extra $30,000. The development also features a sundeck, the perfect place to get to know the neighbors while taking in the great skyline views. Extra storage is also available for each unit.

The neighborhood can't be beat. Living in the South Loop means enjoying a fast-paced urban lifestyle with easy access to excellent restaurants, shopping, nightlife, and cultural events. Michigan Avenue is the commercial heart of the South Loop, offering great shopping. Residents are also just one block from McCormick Place.

If you work downtown, living in the South Loop allows you to save time every day. A quick bus or Metra ride gets you to most of the downtown Chicago business district, while the Stevenson Expressway connects you with the rest of the city in minutes.

For a warm day, head over to the popular beaches and parks along Lake Michigan. Nearby Soldier Field is a great place to spend a fall day watching the legendary Chicago Bears.

The real estate market in the Loop is one of the most active in all of Chicago. However, that activity tends to focus on the higher end of the market, with several ultra luxurious developments opening their doors in coming months.

According to data from the Chicago Association of Realtors, a total of 304 condos were sold in the Loop during the first quarter, up from 161 units sold during the same period in 2007. It was the best result for the first quarter in more than 17 years. Prices were up an incredible 30 percent on strong sales of luxury units closer to downtown.