Archive for July, 2008

Cityscape Condominiums Close To Completion

Thursday, July 31st, 2008

July 31, 2008 - Cityscape Condominiums, the six low-rise, 42 unit Chicago real estate project from Westward Development is finally ready to welcome first move-ins. Four of the buildings are completed and the last two still on tap for construction soon. There are also still plenty of condos available at Cityscape, so you can pretty much have your pick of the bunch if you’re interested in living in the St. Ben’s neighborhood. You can also check out some models that are now ready for touring.

Cityscape initially started out with 86 Chicago condos planned for the development on 3905-3935 North Western Avenue. But the developer decided to reduce the number of units to 42 in a concession to neighborhood concerns. With only a little over a third of the units under contract, that might have been a good decision in the long run.

The condos at Cityscape vary in size from 1,200 to 1,860 square feet and have two to three bedrooms. The two bedroom units come with a den and balcony while the three bedroom units have either a roof top deck or private terrace. Prices range from the $350,000s on up to the low $600,000s. All units come with indoor parking space, Viking appliances, cherry cabinets, kitchen island and wine cooler, steam shower and Whirlpool tub in the bath plus a washer and dryer. The condos are also pet-friendly and there is a dog run.

Cityscape may be a good fit for you, especially if you’re looking for a fairly quiet neighborhood. Or you can always opt for one of the Rent to own condos in Chicago if you’re just not quite ready to make a purchase right now.

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Incentives Still In Effect At The Marquee

Wednesday, July 30th, 2008

July 30, 2008 - A few weeks ago we told you about Chicago real estate developer Sedgwick Properties’ offer to “live free all summer long” at the Marquee Michigan Avenue. Buyers can still take advantage of that deal by buying one of the remaining units and moving in right away but not closing until September 1st. So for another month or so you can take a vacation from reality and delay any condo payment. Residents have already moved into the lower levels and construction is almost completed.

Another incentive being offered at this high-rise is a $15,000 discount on a couple of different unit floor plans. You can apply this incentive to a two bedroom condo that is currently priced in the $350,000 range and a three bedroom condo priced in the low $500,000 range. The developer has about 27 Chicago condos left for sale in the 208 unit, 25 story Marquee.

The one to three bedroom units vary in price from the $230,000s to the $500,000s. The Marquee condos are pre-wired for a state of the art surround sound system and can be wired for a touch screen Inteliplex system that will allow for one touch control of heating and cooling. Nearly all of the condos have balconies and city or lake views. Besides the standard fitness center, movie room and bike room, the building is also pet-friendly.

Sedgwick is also busy building The Terrazio and recently held an open house for prospective buyers. Some experts are again predicting that a flood of incentives will be offered this fall for a good portion of All Condos for Sale in Chicago.

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TheWit Hotel Condo Plans May 2009 Opening

Tuesday, July 29th, 2008

July 29, 2008 - Another hotel condo that isn’t nearly as large as Trump Tower is getting closer to topping off. TheWit, located on the corner of State and Lake Streets plans to be open for business in May of next year and has just announced details about the restaurants that will occupy the first and second floors of the tower.

The first floor will contain a restaurant dubbed Cocentrics that will serve standard American meals while the second floor restaurant will have an Italian menu. According to a press release in Crain’s, there will also be a “rooftop eatery.” The Cocentrics Restaurant company has previously only had establishments in southern locations, at the moment totaling ten, and theWit will be the first foray north for the chain.

ECD is the developer of the 27 story Wit, which will contain a spa, private screening room that can be rented by the residents or guests and an upper level lounge. The 238 hotel suites will be situated on floors 6 through 20 and floors 21 through 26 will house a total of 48 Chicago condos. The condo floor plans will range from studios and one and two bedroom units. TheWit’s close proximity to both Millennium Park and the River, plus all of the new retail additions to State Street should make it a popular Chicago real estate location for many prospective guests and buyers looking for Downtown Chicago Condos.

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