August 16, 2008 - If you’ve taken a look at South Prairie Avenue recently you may have noticed that construction on One Museum Park West, the sister tower of One Museum Park, has reached the point where the base can be seen above ground now. The 53 story tower is a little over 70 percent sold, with about 88 Chicago condo units left for sale from the 298 total in the high-rise.

The towers at Central Station have historically sold well, and this one is no exception. There are still residences available on most floors though, so potential buyers still have a good selection in terms of both price and view. According to the sales associates, there are a number of two bedroom condos located on the lower levels of the tower. The prices on those units begin in the mid $500,000s. Three bedroom condos on most levels are priced from about $1 million and up. And if you want a bigger space, there is a three bedroom, 3,000 square foot suite that can be yours for $1.8 million.

The luxury condos in this Chicago real estate development have floor-to-ceiling windows, oversized living and dining rooms, imported Italian marble and custom cabinets. Buyers can also consult with interior designers on site. A fitness center, saunas, 24 hour doorman and concierge service are some of the building amenities residents will have access to at this development.

First deliveries at One Museum Park West are planned for late 2009. If you need a condo sooner than that, you can find Chicago Luxury Condos with more immediate occupancy available.

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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.

Technorati Tags: Kinetic Condos, Chicago condos, Chicago real estate