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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This entry was posted on Thursday, August 14th, 2008 at 11:46 am and is filed under Luxury Condos(t) , News(t) . You can leave a response.