August 15, 2008 - Another Chicago real estate project that plans to begin closing on units this month is Library Tower. The grand opening is in fact scheduled for today, and developer Lennar still has a number of units available plus there are condos showing up on the secondary market as well. Units currently advertised on the developer site start at $371,900 for a 1,080 square foot one bedroom, one bath and from $421,900 for a 1,265 square foot two bedroom, two bath unit.

Library Tower is located on South State in Printers Row and takes its name from the Harold Washington Library situated across the street from the high-rise. The Metra Station isn’t far and Michigan Avenue as well as the Theater District are within walking distance of these Chicago condos. The 184 residences come with the standard finishes including a GE stainless steel appliance package, granite counter tops, hardwood flooring, separate tub and shower in the master baths, gas fireplace and balcony.

Building amenities at Library Tower include a 24 hour doorman, rooftop deck with grilling area, fitness center, business center and dry cleaning service plus additional retail. Deeded indoor heated parking is available.

Printers Row is a vibrant neighborhood, rich in history. The condos at Library Tower may be a good fit if you’ve always wanted to live in that area. There are also many other Chicago Neighborhoods that have some great deals on new construction homes right now.

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August 14, 2008 - You might not find the fabled pot of gold at the end of the rainbow, but you can find reduced prices on the remaining condo lofts at Rainbo Village. The Kinetic Condos, located at 4814-4846 North Clark and previously marketed as Kinetic Lofts, are currently priced from $224,900 to $419,900. Back in the early part of this year those same lofts were priced from the $250,000s to the $460,000s. That adds up to about $30,000 to $50,000 in savings depending on the unit.

As anyone interested in this Chicago real estate development probably already knows, Rainbo Village was once a popular skating rink on the outskirts of Andersonville, hence the name of the lofts. The two 5 story low-rise buildings in this phase of the development hold 44 soft lofts each. Theses soft lofts, which are new construction units with traditional loft features, come in 15 different floor plans and one to two bedrooms. Ten foot high ceilings, hardwood flooring, track lighting, stone counter tops and whirlpool tubs are some of the features.

There have been some delays on the delivery of a few of these units, but the third phase of Metropolitan Development Enterprises’ project is still going forward and will consist of a mix of condos, townhomes and duplexes for a total of 127 units in all. And if you want to compare these units to some others on the market, you can check out the Chicago Condo Lofts page to see what else is out there.

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August 11, 2008 - One Chicago real estate project that hasn’t received a lot of press recently is Trio. Construction on the 22 story high-rise portion of the project is rapidly climbing and the sales team says that deliveries on the 100 residences should start this coming spring. Sales haven’t been brisk for this tower, with almost three quarters of the condos still available. The entire complex of Trio, including the flanking 7 story midrises which contain another 109 condos, is about fifty percent sold overall.

The address of this project from RDM Development is 670 West Wayman, which puts it in the Fulton River District. Residents may not get a spectacular view of Lake Michigan but will have a nice skyline view from the floor-to-ceiling windows and terraces. The buildings of Trio are separated by landscaped courtyards that feature ornamental pools, and RDM donated three acres for the creation of a city park immediately to the west. Parking is located in a four story garage close by which allows the units at Trio to start at street level. The parking garage also has 10,000 square feet of retail space plus a landscaped roof, fitness and community centers.

The Chicago condos at Trio come with one to three bedrooms, one to two baths and optional dens with certain units. Interior details include bamboo flooring, custom carpeting in the bedrooms, European kitchens with glass mosaic backsplashes and slate floors in the baths. Prices range from the $240,000s on up to over $1.4 million. Trio may be a good choice for anyone wanting a luxury condo in the Fulton River District. Or if you need to be closer to the heart of the city, there is always a good selection of Downtown Chicago Condos for sale.

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