3300 W Irving Park
Irving Park is a great neighborhood for buyers looking for an affordable condominium in Chicago. The area offers a mix of new and re-sale condominiums for sale at prices that can't be found closer to downtown. One development that has been around for just a few years in the area is located at 3300 W Irving Park.
This mid-rise condominium development was completed in 2004, and offers a total of 55 condominiums. Buyers can currently find six units for sale, with floor plans ranging from two to three-bedrooms.
The most affordable two-bedroom condominium currently on the market at Irving Park is a two-bedroom and one-bath unit on the second floor. This condominium offers a total of 969 square feet of living space. This unit is now listed at $244,900, a significant discount from the original listing price of $289,900. Other two-bedroom units with the same floor plan are priced from $249,000 to as much as $289,000.
A slightly larger two-bedroom condominium is also for sale at 3300 W Irving Park. This third floor unit offers a total of 1,150 square feet of living space, and is priced at $289,900. The largest unit available in this luxury development is a three-bedroom and two-bath condominium that has a total of 1,441 square feet of living space. This condo is priced at $324,900. The buyer of this unit will receive one year of free assessments.
Residents of 3300 W Irving Park enjoy a long list of amenities, including a gourmet kitchen with stainless steel appliances, 42-inch cabinets, and granite countertops. Each unit also offers marble baths, cherry hardwood floors in the main living areas, and carpeted bedrooms. Washer and dryer hookups, private terraces, and prewiring for plasma TVs and surround sound also come standard here.
The development offers a choice of indoor and outdoor parking. Outdoor spaces are priced at $15,000, while indoor spaces are just $5,000 more.
The neighborhood is a great choice for buyers looking to enjoy a mix of affordability and convenience. The area along Kedzie and Irving Park is home to several popular restaurants serving international cuisine. Popular restaurants include Fast Burrito, Café del Mondo, and Manzo's. There are also plenty of options for a night on the town without leaving the neighborhood. Popular spots include Abbey Pub on Grace Street and Fuller's Pub, located just down the street on Irving Park.
The neighborhood is also home to several parks, including Homer Park and California Park, both located along the banks of the Chicago River. Public transportation can be found throughout the neighborhood, with buses running along all major avenues. The nearest El train is located just down the street at the corner of Irving Park and the Kennedy Expressway.The Irving Park real estate market has seen an increase in sales of condominiums over the past few years. However, the neighborhood has recently seen sales drop off as demand is down across Chicago. A total of 51 condos were sold in the neighborhood during the first quarter 2008, down from 97 units sold during the same period a year ago. The drop in sales is leading to lower prices for condos in the area. The average sales price was off by 3 percent during the first quarter.