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Bucktown Park

Bucktown offers incredible condominiums and lofts. The neighborhood has been transformed in recent years from an area of abandoned warehouses and urban decay into a vibrant and popular corner of Chicago.

One of the premier developments in the heart of Bucktown is Bucktown Park, located at 1830 N. Winchester. This building was completed in 1996, and offers a total of 48 units. Two-bedroom floor plans start at 1,200 square feet.

The largest three-bedroom condos range up to as much as 2,000 square feet. Residents enjoy simplex, duplex, and even triplex layouts.

Prices for these luxury condominiums start in the mid $300s, and range up to the high $400s. One unit is currently available on the market. The two-bedroom and two-bath unit is listed at $409,900.

Renters can also enjoy living in this luxury building. A two-bedroom and one-bath condo is listed at $2,200 per month. This 1,700 square foot condo comes with garage parking.

Residents of Bucktown Park enjoy an appliance package and island cooking area in the gourmet kitchens. Many units also come with a fireplace. Residents enjoy a huge private terrace, many with views of Churchill Park. Hardwood floors also come standard with these luxury units. The building offers both garage parking and outdoor parking.

The location of Bucktown Park can't be beat. Residents enjoy easy access to the best that the neighborhood has to offer. Nearby North Avenue and Damen Avenue are the center of life in Bucktown. These avenues offer great new stores, bars, and restaurants. There are also cultural events held throughout the year within minutes of home.

The arts scene in Bucktown is one of the most vibrant in the city. Galleries can be found throughout the neighborhood.

Commuters can get to downtown Chicago in just minutes. The Metra and El trains are both located within a few blocks of home, and CTA buses offer service to many other neighborhoods around the city.

If you're in the market for a new condominium in Bucktown, keep up to date with the latest news coming out of the area. Bucktown is part of the Logan Square statistical area.

According to recent data from the Chicago Association of Realtors, sales in Bucktown have started to drop along with many other neighborhoods in the city. A total of 179 units were sold during the third quarter, down 10 percent from the same period in 2006.

However, this is still strong when compared to sales prior to 2004, when the highest total for the quarter was 143 units sold.

Prices continue to rise in the area. The average sales price during the third quarter rose by 3 percent from the same period in 2006. Prices could continue to rise, particularly if demand stays steady during this difficult moment in the real estate market.

The inventory of condos on the market rose slightly, which could keep prices under control in the short term. It now takes an average of 111 days to find a buyer in the neighborhood, up from 89 days a year ago.