More Trouble For Teng, Spring Finish Line For 15 Racine

Let us hear your
comments!

December 24, 2008 – A smaller West Loop Chicago real estate development that plans to start first deliveries sometime around mid February 2009 is 15 Racine. The building houses eight units in total, and there are still three left for sale. All of the Chicago condos there have three bedrooms, two baths and are about 1,800 square feet. Prices on the units run from around $599,900 on up to the $670,000s.

The condos at 15 Racine come with Poggenpohl European style cabinetry, Sub-Zero, Viking and Miele appliances, Dornbracht faucets and fixtures, an under counter wine refrigerator, limestone and granite counter tops, range with chimney hood, mosaic tile in the baths, steam shower with rain head and body spray plus jet tub. The developer, Quest Realty Group, is also has an ad on the building website stating that free parking is being offered for a limited time.

The Waterview Tower certainly has its share of financial problems, and now contractor Ivan Teng, from Teng and Associates, has been implicated in the Blagojevich pay to play charges. Teng’s firm has been paid well over $70 million in state government contracts. The firm held a fundraiser in November for the governor and raised around $60,000 for his campaign fund. No charges have been filed at this point.

Remember to check back here often for the latest news about incentives and price reductions on All Condos for Sale in Chicago.

[tags]15 Racine, Chicago Condos, Chicago Real Estate[/tags]