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1935 W Albion

Rogers Park is a popular residential neighborhood that offers a mix of urban amenities and a quiet lifestyle. The neighborhood is well connected to downtown Chicago, and offers many affordable condominium units.

One building in Rogers Park that offers plenty of Chicago affordable condominiums is located at 1935 W Albion. This 92-unit building is a pet friendly development, and comes with plenty of luxury amenities.

There are no units currently on the market at 1935 W Albion. However, a quick look at recent sales data from the MLS gives us an idea of prices in this development. The most affordable unit to sell in recent months is a two-bedroom and one-bath condominium. This unit was originally listed at $154,900, but was sold for just $141,500, making it one of the most affordable two-bedroom condominiums on the market in the northern part of Chicago.

These affordable condominiums don't come without their fair share of amenities. The kitchen comes with an appliance package and custom cabinets. Hardwood floors are offered in both the main living areas as well as in all bedrooms. A washer and dryer, plenty of extra closet space, and a combined living and dining room ensure extra comfort at 1935 W Albion. Residents also enjoy great views of the courtyard.

This development comes with a swimming pool and extra storage in the basement. The only drawback is the lack of parking. There is no attached garage, so residents are left on their own to find street parking or a garage space nearby.

The development is close to parks, restaurants, nightlife, and public transportation. The commercial center of this area of East Rogers Park is along Devon Avenue, just two blocks south of 1935 W Albion. Residents enjoy a mix of restaurants, including Villa Palermo Pizza, Dominick's Finer Foods, and Lahore Food and Grill. Nightlife can be easily found along Devon Avenue towards Clark Street.

The development is also steps from Warren Park and Robert A Black Golf Course, making it easy for residents to enjoy an active outdoor lifestyle in this part of East Rogers Park. Hartigan Park and Beach is a great place to escape the summer heat, and is located within walking distance of home. Grocery stores and many other necessary stores are found along Western Ave and Devon Ave.

Commuters can get to downtown Chicago quickly via the nearby El train station along Ravenswood, just 7 blocks north of the development. CTA buses connect the neighborhood with other parts of Chicago.

If you're looking to buy a condominium in Rogers Park, keep up with the latest statistics coming out of the real estate market in the area. According to data from the Chicago Association of Realtors, sales in the area have plunged for two consecutive years. A total of 680 units were sold in 2007, down from 958 units sold during the previous year.

The drop in demand for condominiums in the area led to a marked increase in the number of condominiums on the market. Condo owners and developers must now wait an average of 146 days to find a buyer, up from 107 days a year ago. This has led to a slowdown in prices, with the average sales price rising by just one percent in 2007.

Buyers could start to see lower prices in the short term for condominiums around Rogers Park.