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Clark 36

Edgewater continues to attract new residents. The popular Chicago neighborhood is home to several new condominium and loft developments.

Clark 36 is one of the newest developments underway in Edgewater. The three-building development is located at 4860-4872 North Clark Street, in the Andersonville section of Edgewater.

Clark 36 is a project by McHugh Homes. The Chicago-based company was founded in 2000 by Tom McHugh. Mr. McHugh started the business working on renovations and small condominium projects, but soon began developing new condominiums and townhomes in some of the best Chicago neighborhoods such as Lincoln Park, Lakeview, Bucktown and East Village.

Buyers can choose from 30 two and three-bedroom condominiums at Clark 36. Prices at the development range from $389,000 for a two-bedroom unit to $489,000 for the largest three-bedroom condominium.

There are currently several units available at Clark 36. A two-bedroom and two-bath unit is listed at $389,000, while three-bedroom condominiums are priced at $429,000 and $489,000.

Jameson Realty Group is marketing the condominiums at Clark 36.

Residents will enjoy several excellent amenities at Clark 36. Kitchens come with Brookhaven cabinets, granite countertops, and a stainless steel appliance package.

Bathrooms offer stone flooring, a steam shower and separate tub, and a choice of marble or granite countertops.

Residents will also enjoy oak hardwood floors throughout the unit, included washer and dryer, private outdoor space, and fireplace.

A parking space in the attached heated garage is included with all units at Clark 36.

The location is one of the biggest draws for buyers. Andersonville offers excellent neighborhood amenities and is just minutes from downtown Chicago.

Commuters will love the quick connections to the downtown Chicago business district. An El station on West Lawrence and CTA bus routes along North Clark Street both offer easy access to downtown.

Clark 36 is just a few blocks from the Lake Michigan shoreline. Residents can enjoy a walk along the shore or a round of golf at the Sydney R. Marovitz Golf Course.

If you’re looking for a condominium in Edgewater, keep up with the latest statistics from the real estate market in the area to make an informed decision for you and your family.

According to the Chicago Association of Realtors, sales of condominiums in Edgewater were down during the third quarter. A total of 247 condos were sold during the quarter, a 12 percent drop from the same period last year. It is also the second consecutive year that sales have declined in the neighborhood.

Condo owners and developers are currently facing a much more difficult market than in previous years. According to the C.A.R. report, it will now take sellers an average of 118 days to find a buyer for their property in Edgewood. This is the longest turnover rate the neighborhood has seen in the last 15 years.

However, despite the drop in sales and the increasing supply of unsold condominiums on the market in Edgewater, the average sales price continued to climb. The average price now stands at $254,555 for a condominium in the area, a six percent jump over last year.

Buyers could start to see lower prices in the next few months if demand for condos in Edgewater doesn’t recover in the short term.