January 27, 2010 – Here are the details on the other two lots of Cityscape condos to be auctioned this weekend.

The major difference in lot #3929 North Western Avenue is that the six three bedroom, two bath condos located on the top three floors of the building are currently leased. The two lower level retail spaces are not though. Again, these units have a fireplace, stackable washer and dryer, either a pair of private balconies or one balcony and one deck. The interior finishes are also high-end, as in the other groups of condos. The attached parking garage is the same as the others, with nine total spaces, three of which have lifts for more parking.

The appraised net sell-out value of this group of units is said to be $2.7 million.

Parcel #3935 North Western Avenue is again a mix of two street level retail spaces and six three bedroom, two bath condos on the upper two floors. The finishes and the attached garage are the same as the other parcel. However, units 1S, 4N and 4S are already sold. Those are two of the residential units and one of the retail units. This fact has brought the appraised net sell-out value of the remaining five units down to $1.7 million.

[tags]Cityscape Condominiums, Chicago Condos, Chicago Real Estate[/tags]

This entry was posted on Tuesday, January 26th, 2010 at 10:52 pm and is filed under Mortgage Information.