June 30, 2008 - Construction on The Legacy is close to the halfway point already and the 72 story high-rise is looking good for its 2009 autumn completion. According to the sales team, about two new floors a week are being poured, and future residents of the tower will have some excellent views of both Millennium Park and the skyline.

There will be 356 Chicago condos in The Legacy and right now only about 50 of those are still available for purchase. Potential buyers aren’t limited to the usual largest units left towards the end of marketing. There are still some one and two bedroom condos for sale there, with prices ranging from the low to mid $400,000s on up to the mid $600,000s. Of course if you are shopping for more space you can opt for one of the three bedroom units that start in the neighborhood of $2.6 million.

On the South Shore a new mixed-use Chicago real estate project is also in the works. The Tribune reports that developer Tim Cochran has purchased from the city a building site located on 71st and East End Avenue where he plans to construct four low-rises that will in total contain 27 condos. The units will be a selection of two and three bedroom layouts. There will also be about 2,200 square feet of retail space incorporated into the development.

As part of the land transaction with the city, three of the condos will be offered at affordable rates from $192,000 to $212,000 to qualifying families. This will be welcome news to anyone looking for Cheap Chicago Condos. The remainder of the units will run from $200,000 to $310,000 each.

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This entry was posted on Monday, June 30th, 2008 at 2:12 pm and is filed under Luxury Condos(t) , News(t) . You can leave a response.